Brisk Insights has announced the addition of "Global Glucaric Acid Market: Industry Information, Trends and Forecast to 2016-2022" Market Research Report to their Database.
According to a recently published report, the global Glucaric Acid Market is growing at a CAGR of 9.1% during 2016-2022. The segmentation of global glucaric acid market is based on type, applications, and regional outlook. The report on global glucaric acid market forecast 2016-2022 (type, applications, and regional outlook) provides detailed overview and predictive analysis of the market.
Browse Full Report with Toc : http://www.briskinsights.com/report/glucaric-acid-market
The Global Shift in consumer preference towards bio-based products coupled with draining fossil fuel reserves is anticipated to be a key factor boosting the glucaric acid market growth over forecast years. Glucaric acid, a bio-based sugar derivative, holds excessive potential as a building block chemical in the manufacture of fibers, detergents, and coatings. Single step production from abundant and inexpensive glucose availability is anticipated to rise the glucaric acid demand over the forecast period. New product advancements and applications in manufacturing technologies are flaunted to be the other factors that are expected to fuel the market in the next few years. Environmental concerns regarding excessive use of petrochemicals and its rapid depletion is anticipated to increase the demand of global glucaric acid over the next five years.
The major factors propelling the market growth are varied applications in economic biotechnological production process; food and pharmaceutical market; innovation in technology; and, the augmented demand of biodegradable acid. Gluconic acid are easily biodegradable, non-corrosive, nontoxic and non-volatile acid, and owing to these properties its demand in the market is increasing rapidly. Apart from that, other production process of gluconic acid, the biotech fermentation process has proved to be an advantage for manufacturers which has boosted the market growth. Fluctuations in crude oil demand and supply coupled with decrease in the number of operating refineries is estimated to negatively influence the petrochemical products market. Favorable environmental regulations and norms regarding green energy usage has led to industry’s shift towards the bio-based chemicals, which in turn is anticipated to fuel the global glucaric acid market.
Browse here for all category Reports: http://www.briskinsights.com/category/chemical-and-material-industry
Scope of the report
Global Glucaric Acid Market by Type 2012-2022 ($ Million)Blog: http://www.pdfdevices.com/global-glucaric-acid-market-is-growing-at-a-cagr-of-9-1-during-2016-202-brisk-insights/
About Us :
Brisk Insights is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies.
Working in a highly dynamic and multi-dimensional business makes decision making complex. Effective business decisions are a result of the synthesis of market information. Our Research and data analysis is an efficient and cost-effective way of providing robust market analysis and can yield highly valuable intelligence relating to consumers, competitors and markets.
Contact Us :
Jennifer Smith
Office 1094
109 Vernon House
Friar Lane
Nottingham
NG1 6DQ
United Kingdom
Phone : +448081890034 (UK)
Email : sales@briskinsights.com
Website : http://www.briskinsights.com/
Brisk Insights is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies.
Sep 13, 2016
Copyright © 2006 - 2023 PRnob Media, UBIC Solutions, LLC. All Rights Reserved.
