Glucaric Acid Market Size, Share, Trends, Growth 2032

Glucaric Acid Market

Glucaric Acid Market By Application (Healthcare, Detergents, Corrosion Inhibitors, Food Manufacturing, and Others), By Type (D-Glucaric Acid-1,4-Lactone, Calcium D-Glucarate, Potassium Sodium D-Glucarate, Pure Glucaric Acid, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032

Category: Chemical & Materials Report Format : PDF Pages: 213 Report Code: ZMR-8200 Published Date: Apr-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 1,120.36 million USD 1,933.38 million 6.25% 2023

Glucaric Acid Industry Prospective:

The global glucaric acid market size was worth around USD 1,120.36 million in 2023 and is predicted to grow to around USD 1,933.38 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.25% between 2024 and 2032.

Global Glucaric Acid Market SizeRequest Free Sample

Glucaric Acid Market: Overview

Glucaric acid is also known as saccharic acid. It is a chemical compound with the formula C6H10O8. The production of gluconic acid deals with the oxidation of sugar using nitric acid. Glucaric acid is available in several types of vegetables and fruits. Glucaric acid is classified in the group of oxidized sugars. This highly functional molecule has several reaction routes and 4 chiral carbons. Saccharic acid is considered the most essential component of several polymers such as novel nylons and hyperbranched polyesters.

Some of the most common applications of glucaric acid are the production of anti-corrosion additives, biodegradable cleaners, phosphate-free detergents, and biobased adipic acid. Additionally, some extended applications of glucaric acid. Some other applications include animal feed, food ingredients, cement & concrete additives, and adhesives & coatings. The medicinal applications of glucaric acid include cholesterol-lowering capabilities and binding of Deoxyribonucleic acid (DNA) and carcinogens.

Key Insights:

  • As per the analysis shared by our research analyst, the global glucaric acid market is estimated to grow annually at a CAGR of around 6.25% over the forecast period (2024-2032)
  • In terms of revenue, the global glucaric acid market size was valued at around USD 1,120.36 million in 2023 and is projected to reach USD 1,933.38 million, by 2032.
  • The market is projected to grow at a significant rate due to the rising applications in the textile industry
  • Based on application segmentation, detergents were predicted to show maximum market share in the year 2023
  • Based on type segmentation, calcium d-glucarate was the leading segment in 2023
  • On the basis of region, Asia-Pacific was the leading revenue generator in 2023

Global Glucaric Acid MarketRequest Free Sample

Glucaric Acid Market: Growth Drivers

Rising applications in the textile industry will drive market demand

The global glucaric acid market is expected to witness a high growth rate due to the growing use of the acid in the textile industry. Saccharic acid is used for several procedures involved in the textile sector. The common procedures that use glucaric acid on a wide scale are cleaning & descaling, textile finishing, dyeing & printing, and treating water used in textile manufacturing. The dramatically rising world population is one of the leading propellers of the textile sector as the demand for clothing items has significantly increased. In 2023, the global textile industry was valued at over USD 1.9 billion and is expected to grow at a CAGR of over 7.7% during the forecast period. The rising trend of higher demand for fast fashion has managed to disrupt the textile sector. These clothing items are less expensive and made as per the latest fashion trends. Thus, they cater to the needs and demands of a large part of the new generation.

However, fast fashion clothing is easily disposable since they have a short life and may lose the original texture or color after some time of regular use. Since clothes produced in the fast fashion industry are easily replaceable, more people are opting for inexpensive clothing items to keep up with the ever-changing phase in the fashion industry. As per the latest reports by fashion experts at the University of Delaware, Shein, one of the largest players in the fast fashion sector, sold more than 1.5 million apparel items in 2023. The growing rate of technological innovation in the textile industry will further promote its growth thus resulting in an increased demand for glucaric acid as well. Digital designing and 3D printing are expected to revolutionize the fashion sector.

In November 2023, Mango, a leading Spanish fashion retailer, invested in Zikes which is a robotics 3D printing company. The partnership will allow the fashion giant to use recycled materials to design and print its clothes.

Glucaric Acid Market: Restraints

High cost associated with the production of glucaric acid will limit its market growth rate

The global glucaric acid market is expected to be limited due to the high cost associated with the production of the compound. Reports suggest that traditional means of glucaric acid production which involves the nitric acid oxidation method do not produce high yield along with showing low-grade selectivity. This results in an increase in the overall production cost. In addition to this, the changing prices and availability of the raw material used for glucaric acid production add to the complexity.

As per reports published in February 2024, sugar mills in the Maharashtra state of India were facing a sugarcane cutter shortage thus resulting in an extended season of sugar crushing. Other factors such as climate change and its impact on crop yield along with disruptions in the supply chain caused by the Ukraine-Russia war lead to unpredictability in terms of final pricing.

Glucaric Acid Market: Opportunities

Rising demand for organic cosmetic and personal care products holds expansion avenues

The global industry for glucaric acid is expected to come across several growth opportunities in the field of organic personal care and cosmetic items. Glucaric acid has several properties that make it ideal to be used in personal care products. For instance, some of the prominent properties include anti-aging, exfoliating, and moisturizing benefits. In recent times, more consumers are opting and seeking personal care products that are chemical-free. Organic counterparts are also beneficial for the environment due to the absence of chemicals in the production process.

The growing consumer awareness along with the wide-scale launch of new products is expected to contribute to higher growth in the segment. In October 2023, Sky Organics, one of the leading castor oil producers and suppliers in the US, announced its expansion in the face and body care segment with the launch of several beauty-enhancing organic skin care products.

Application as an effective water cleaning agent may aid a higher market growth rate

The global glucaric acid market is projected to be affected by the rising application of the compound as a water-cleaning and treating agent. It is used for metal ion trapping and limiting scale deposit formation in the water along with other applications. The rising rate of water pollution and the growing need to use efficient tools for water treatment solutions will be helpful in pulling the demand for glucaric acid. Studies suggest that all forms of water sources must be treated before being consumed to prevent any type of health risk. Additionally, as per the United Nations Environment Programme, more than 40% of the overall water sources are polluted.

Glucaric Acid Market: Challenges

Intense competition from alternate solutions may challenge the market expansion rate

The global industry for glucaric acid is expected to be challenged by the existence of several other alternatives across industries. The substitute solutions enjoy equal acceptance from end-users while some alternatives have a higher market presence since they are more cost-effective and the production process is also well-established. For instance, the popular alternatives in the textile industry are diethylenetriaminepentaacetic acid, citric acid, and ethylenediaminetetraacetic acid.

Glucaric Acid Market: Segmentation

The global glucaric acid market is segmented based on application, type, and region.

Based on application, the global market segments are healthcare, detergents, corrosion inhibitors, food manufacturing, and others. In 2023, the highest growth was observed in the detergents section. The compound is widely popular for its chelating properties that allow it to enhance the overall performance of the detergents. The rising consumerism across the globe along with higher demand for environmentally friendly solutions is driving the demand for glucaric acid. As per official research, the average consumption rate of liquid laundry detergent is over 180 billion ounces.

Based on type, the global market divisions are d-glucaric acid-1,4-lactone, calcium d-glucarate, potassium sodium d-glucarate, pure glucaric acid, and others. In 2024, the highest revenue-generating segments were potassium sodium d-glucarate and calcium d-glucarate. These compounds have excellent application range due to their bioavailability and solubility. They are also known to have cancer prevention properties thus showcasing higher demand in the healthcare sector. Apple juice contains around 12 to 42 milligrams per liter of glucaric acid as per the Journal of Food Science.

Glucaric Acid Market: Report Scope

Report Attributes Report Details
Report Name Glucaric Acid Market
Market Size in 2023 USD 1,120.36 Million
Market Forecast in 2032 USD 1,933.38 Million
Growth Rate CAGR of 6.25%
Number of Pages 213
Key Companies Covered Rennovia Inc., Sinochem Group, Rivertop Renewables, Toronto Research Chemicals Inc., LyondellBasell Industries, Roquette Frères, Chemfaces Biochemical Co. Ltd., Haihang Industry Co. Ltd., Sigma-Aldrich Corporation, Shaoxing Marina Biotechnology Co. Ltd., Anhui Elite Industrial Co. Ltd., Tokyo Chemical Industry Co. Ltd. (TCI)., and others.
Segments Covered By Application, By Type, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Glucaric Acid Market: Regional Analysis

Asia-Pacific to witness the highest growth rate during the projection period

The global glucaric acid market will be dominated by Asia-Pacific during the forecast period. In 2023, the region dominated nearly 35% of the total market share. The growing demand and production of glucaric acid across regional industries are the growth drivers in Asia-Pacific. Countries such as China, India, Japan, and others have an extensive consumer market. The growing use of laundry detergents across residential and commercial units is a major growth propeller. In addition to this, the demand for water treatment solutions is growing rapidly. Asia-Pacific is home to several fast-emerging nations with high investments directed toward urbanization and industrialization. This has resulted in extensive consumption of water for several purposes. However, this trend is followed by an increased requirement for efficient water treatment components such as glucaric acid.

In March 2024, Lindström India announced the launch of several initiatives focusing on sustainable water management. In February 2024, China announced that its South-to-North Water Diversion Project is expected to deliver the successful completion of its first phase in the coming months. The project will be beneficial for 68 million people living in the Shadong East province. Europe is a growing market with a higher demand for glucaric acid in the personal care segment. European cosmetic companies are witnessing a surge in the use of organic products and the trend is likely to continue during the projection period.

Glucaric Acid Market: Competitive Analysis

The global glucaric acid market is led by players like:

  • Rennovia Inc.
  • Sinochem Group
  • Rivertop Renewables
  • Toronto Research Chemicals Inc.
  • LyondellBasell Industries
  • Roquette Frères
  • Chemfaces Biochemical Co. Ltd.
  • Haihang Industry Co. Ltd.
  • Sigma-Aldrich Corporation
  • Shaoxing Marina Biotechnology Co. Ltd.
  • Anhui Elite Industrial Co. Ltd.
  • Tokyo Chemical Industry Co. Ltd. (TCI).

The global glucaric acid market is segmented as follows:

By Application

  • Healthcare
  • Detergents
  • Corrosion Inhibitors
  • Food Manufacturing

 By Type

  • D-Glucaric Acid-1
  • 4-Lactone
  • Calcium D-Glucarate
  • Potassium Sodium D-Glucarate
  • Pure Glucaric Acid

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Glucaric acid is also known as saccharic acid.

The global glucaric acid market is expected to witness a high growth rate due to the growing use of the acid in the textile industry.

According to study, the global glucaric acid market size was worth around USD 1,120.36 million in 2023 and is predicted to grow to around USD 1,933.38 million by 2032.

The CAGR value of glucaric acid market is expected to be around 6.25% during 2024-2032.

The global glucaric acid market will be dominated by Asia-Pacific during the forecast period.

The global glucaric acid market is led by players like Rennovia Inc., Sinochem Group, Rivertop Renewables, Toronto Research Chemicals Inc., LyondellBasell Industries, Roquette Frères, Chemfaces Biochemical Co., Ltd., Haihang Industry Co., Ltd., Sigma-Aldrich Corporation, Shaoxing Marina Biotechnology Co., Ltd., Anhui Elite Industrial Co., Ltd., and Tokyo Chemical Industry Co., Ltd. (TCI).

 

The report explores crucial aspects of the glucaric acid market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

twitter

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed