Oxalic Acid Market size was valued at US$ 611.70 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 2.6% through 2022 to 2029, reaching nearly US$ 751.13 Mn.
Oxalic Acid Market Overview:
The Oxalic Acid Market Research Report includes a comprehensive analysis of strategy, micro and macro market trends and scenarios, price analysis, and short-term market conditions, as well as a close examination of significant competitors. The primary and secondary market drivers, market share, important market categories, and regional market analysis are all covered in this report. The Maximize Market Research, an Oxalic Acid market research firm, has served more than 600 clients across the world since 2017.
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Market Scope
In the Oxalic Acid market report, the forecast period is considered from 2021 to 2029, and 2021 is a based year. 2020 market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. The year 2020 is an exception and is analysed specifically with the impact of the region.
The qualitative and quantitative data in the Oxalic Acid market report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Segmentation:
Based on the Product Grade, the market is segmented into Dihydrate, Anhydrous, and Solution. Dihydrate oxalic acid segment is expected to hold the largest market shares of % by 2029. Dihydrate's formula and product purity are both high, ranging from 99.5% to 100%. In the food and beverage industry, dihydrate is used as a flavouring additive for ice cream and bakery products, as well as a PH balancing agent in food and beverages. In the textile and leather industries, dihydrate is using as a bleaching agent.
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Key Players:
• UBE Industries Ltd.
• Punjab Chemical and Crop Protection Limited (PCCPL)
• Radiant Indus Chem Pvt. Ltd. (RICPL)
• Oxaquim S.A
• Star Oxochem Pvt. Ltd
• LabChem lnc.
• Sigma-Aldrich Corporation
• Honeywell International Inc.
• Clariant
• Shanxi Province Yuanping Chemicals Co.
• Oxaquim S.A.
• Mudanjiang Hongli
• Indian Oxalate Ltd.
• Synthetic Colour CHEM INDS
• Radiance Paper
• Salema Chemicals PVT. LTD.
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The report looks at the most recent notable breakthroughs in the Oxalic Acid market, as well as the major producers and inventors.
Vendors can examine the competitive landscape from the perspectives of market, application, and geography, as well as determine whether current capabilities and future growth prospects are appropriate, using the Competition Strategy window.
Oxalic Acid Market Regional Analysis
The global level report for Oxalic Acid market provides the detailed region wise share distribution along with the demand growth factors in that particular region. Oxalic Acid Region dominated the Oxalic Acid Market in 2021 and is expected to witness significant growth during the forecast period investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends.
Key Questions answered in the Oxalic Acid Market Report are:
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Mar 10, 2023