Below are some of the key findings from this gluconic acid and its derivatives market analysis report
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Global gluconic acid and its derivatives outlook
Increase in demand for biodegradable products is expected to affect market growth positively. The rising concern related to the toxic effects of synthetic chemicals has given rise to an increase in the demand for biodegradable and environment-friendly products. Gluconic acid is a non-dangerous and promptly biodegradable product, with 98% degradation after two days of use. The increasing requirement for feasible, safe and environment-friendly has resulted in high investments in R&D activities regarding the adoption of various bio-based products such as gluconic acid. Thus, the growing demand for biodegradable products is driving the gluconic acid and its derivatives market growth at a CAGR of more than 5% during the forecast period.
Top gluconic acid and its derivatives companies covered in this report
The global gluconic acid and its derivatives market is highly concentrated. The market is in the initial stage of the growth phase, and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this gluconic acid and its derivatives market analysis report suggest strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
- Evonik Industries
- FUSO Chemical
- Jungbunzlauer
- Merck
- Roquette
- Shandong fuyang Biotechnology
Gluconic acid and its derivatives market segmentation based on products
- Gluconic acid
- Glucono delta-lactone
- Sodium gluconate
- others
Gluconic acid was the dominating product of the global gluconic acid and its derivatives market in 2017. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.
Gluconic acid and its derivatives market segmentation based on region
- The Americas
- APAC
- EMEA
The Americas accounted for the largest gluconic acid and its derivatives market share in 2017. This segment will increase its market share and remain the market leader for the next five years.
Key highlights of the global gluconic acid and its derivatives market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the gluconic acid and its derivatives market during the next five years
- Precise estimation of the global gluconic acid and its derivatives market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the gluconic acid and its derivatives market across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of gluconic acid and its derivatives companies
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