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Global Glucaric Acid Market to Grow at a CAGR of 10% During 2024-2032, Aided by Rising Use of Glucaric Acid as a Corrosion Inhibitor

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Glucaric Acid Market

Global Glucaric Acid Market Size, Share, Trends, Growth: By Product: Pure Glucaric Acid, Calcium D-glucarate, Potassium Sodium D-glucarate, D-glucaric Acid-1,4-lactone, Others; By Application: Food Ingredients, Detergents, Corrosion Inhibitors, De-icing Chemicals, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Glucaric Acid Market Outlook

The global glucaric acid market attained a value of about USD 1.20 billion in 2023. The market is further expected to grow at a CAGR of 10% during the forecast period of 2024-2032 to reach nearly USD 2.82 billion by 2032.

 

Global Glucaric Acid Market

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Rising Demand for Environment-Friendly Cleaning Agents is Bolstering the Market Growth of Glucaric Acid

The market for glucaric acid is being driven by the rising demand for the product in the application of detergents so as to curb the presence of magnesium and calcium in hard water, thereby preventing its accumulation. In addition, glucaric acid is widely used as an alternative to phosphate in cleaning agents, owing to the rising awareness regarding the presence of toxins and potential threats of non-biodegradable chemicals in phosphate-based cleaning agents. This has accelerated the market growth for glucaric acid as people are gradually shifting towards the use of biodegradable products. Growing and varied use of glucaric acid as a cleaning agent in liquid laundry detergents, dishwasher detergents, and household cleaning is augmenting the market growth. Furthermore, since glucaric acid is derived from oxidised sugar, it is considered an environment-friendly, renewable, and sustainable material, owing to which the market demand for glucaric acid is robustly driving the market growth.  Moreover, as glucaric acid is produced through a single-step process, the large-scale and cost-effective production of glucaric acid is significantly driving the market growth.

 

Glucaric Acid: Market Segmentation

Glucaric acid is a chemical compound formed by the resulting chemical reaction between nitric acid and sugar oxidation. It has been claimed by the United States Department of Energy (DOE) as a leading chemical product. As it is produced from oxidised sugar, glucaric acid is used as a green agent in various applications, including food ingredients and for industrial use.

 

Global Glucaric Acid Market by Segment

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On the basis of product, the market can be segmented into:

  • Pure Glucaric Acid
  • Calcium D-glucarate 
  • Potassium Sodium D-glucarate 
  • D-Glucaric Acid-1,4-lactone
  • Others

Based on application, the market can be categorised into:

  • Food ingredients
  • Detergents
  • Corrosion Inhibitors
  • De-icing Chemicals
  • Others

The EMR report looks into the regional markets of glucaric acid like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Glucaric Acid Market by Region

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Growing Awareness Regarding the Health Benefits of Glucaric Acid to Provide Impetus to the Market

The market growth of glucaric acid can be attributed to the health benefits associated with its consumption. The growing use of glucaric acid in food ingredients as a health supplement to optimise the levels of vitamins and minerals in the body, along with improving body metabolism, is propelling the industry growth. Further, the calcium D-glucarate is a salt made from calcium and glucaric acid and is naturally found in small amounts in mammals and fruits like apples, oranges, and grapefruit. The consumption of calcium D-glucarate helps in the detoxification of cancer-causing agents, toxins, and steroid hormones from the body, owing to which it is widely being used as a medicinal product to mitigate the potential chances of cancer. Therefore, the rising use of calcium D-glucarate is consequently aiding the market for glucaric acid. Furthermore, with research and development (R&D) activities in the healthcare sector, owing to technological advancement and government investments, the market is anticipated to witness growth in the coming years.

 

Key Industry Players in the Global Glucaric Acid Market

The report presents a detailed analysis of the following key players in the global glucaric acid market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.

  • The Archer-Daniels-Midland Company
  • Kalion, Inc.
  • Chemos GmbH & CokG
  • Cayman Chemical
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter's Five Forces Model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product 
  • Application
  • Region
Breakup by Product 
  • Pure Glucaric Acid
  • Calcium D-glucarate
  • Potassium Sodium D-glucarate
  • D-glucaric Acid-1,4-lactone
  • Others
Breakup by Application
  • Food Ingredients
  • Detergents
  • Corrosion Inhibitors
  • De-icing Chemicals
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The Archer-Daniels-Midland Company
  • Kalion, Inc.
  • Chemos GmbH & CokG
  • Cayman Chemical
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Glucaric Acid Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Glucaric Acid Historical Market (2018-2023) 
    8.3    Global Glucaric Acid Market Forecast (2024-2032)
    8.4    Global Glucaric Acid Market by Product 
        8.4.1    Pure Glucaric Acid
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Calcium D-glucarate
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Potassium Sodium D-glucarate
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    D-glucaric Acid-1,4-lactone
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Glucaric Acid Market by Application
        8.5.1    Food Ingredients
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Detergents
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Corrosion Inhibitors
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    De-icing Chemicals
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Glucaric Acid Market by Region     
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Glucaric Acid Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Glucaric Acid Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Glucaric Acid Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Glucaric Acid Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Glucaric Acid Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14     Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    The Archer-Daniels-Midland Company
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Kalion, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3     Chemos GmbH & CokG
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Cayman Chemical
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Glucaric Acid Market: Key Industry Highlights, 2018 and 2032
2.    Global Glucaric Acid Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Glucaric Acid Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Glucaric Acid Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Glucaric Acid Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Glucaric Acid Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Glucaric Acid Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Glucaric Acid Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Glucaric Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Glucaric Acid Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Glucaric Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Glucaric Acid Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Glucaric Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Glucaric Acid Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Glucaric Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Glucaric Acid Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Glucaric Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2028
19.    Europe Historical Price Trends and Forecast 2018-2028
20.    Asia Pacific Historical Price Trends and Forecast 2018-2028
21.    Latin America Historical Price Trends and Forecast 2018-2028
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
23.    Global Glucaric Acid Market Structure

Key Questions Answered in the Report

What was the global glucaric acid market size in 2023?

In 2023, the market attained a value of nearly USD 1.20 billion.

What is the growth rate of the global glucaric acid market?

The market is projected to grow at a CAGR of 10% in the forecast period of 2024-2032.

What is the forecast outlook of the global glucaric acid market for 2024-2032?

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 2.82 billion by 2032.  

What are the major market drivers?

The major market drivers include the growing preference for glucaric acid instead of phosphate as a cleaning agent, the rising consumer awareness regarding eco-friendly cleaning agents, and rapid urbanisation.

What are the key trends of the market?

The growing awareness regarding the health benefits associated with glucaric acid and the rising use of glucaric acid in food ingredients are the key trends propelling the market growth.

What are the major regional markets of glucaric acid, according to the EMR report?

The major regional markets for glucaric acid are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

What are the different products considered in the market report?

The different products considered in the glucaric acid market report are pure glucaric acid, calcium D-glucarate, potassium sodium D-glucarate, and D-glucaric acid-1,4-lactone, among others.

What are the significant applications of glucaric acid?

The significant applications of the product include food ingredients, detergents, corrosion inhibitors, and de-icing chemicals, among others.

Who are the key market players, according to the report?

The major players in the market are The Archer-Daniels-Midland Company, Kalion, Inc., Chemos GmbH & CokG, and Cayman Chemical, among others.

Analyst Review

The global glucaric acid market attained a value of about USD 1.20 billion in 2023, driven by the rising demand for environment-friendly cleaning agents. Aided by the use of glucaric acid in the formulation of calcium D-glucarate, the market is expected to grow at a CAGR of 10% in the forecast period of 2024-2032, to reach approximately USD 2.82 billion by 2032.            

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of products, the market segmentations are pure glucaric acid, calcium D-glucarate, potassium sodium D-glucarate, and D-glucaric acid-1,4-lactone, among others. Based on applications, the market can be divided into food ingredients, detergents, corrosion inhibitors, and de-icing chemicals, among others. The major regional markets for glucaric acid are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are The Archer-Daniels-Midland Company, Kalion, Inc., Chemos GmbH & CokG, and Cayman Chemical, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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