Glucaric Acid Market Analysis by Region Analysis and Business Development – The Courier
Glucaric acid is a kind of sweet acid derived from the oxidation of polysaccharides / sugars with nitric acid. Since glucaric acid is produced from glucose, it is a biodegradable chemical and, therefore, has been identified as one of the top 12 renewable basic chemicals by the US Department of l energy (DOE). Besides being biodegradable and safely disposable in the environment, studies also show that consuming glucaric acid reduces potential cancer risks. Moreover, glucaric acid is also used as a health supplement to regulate the metabolism in the human body.
3The compound has many potential applications, both as a building block in chemicals and as direct applications in end-use segments. Currently, glucaric acid is widely used in the detergent industry where it has largely replaced phosphorus as a “detergent builder” because phosphorus is considered to be harmful to the environment. Glucaric acid is also used as a corrosion inhibitor in cooling towers and defrosters. Some other applications of glucaric acids include use in concrete admixtures, health supplements, cosmetic ingredients, etc. Therefore, due to its biodegradable nature, the demand for the chemical has increased dramatically in recent years. Thus, the global glucaric acid market is expected to register significant growth during the forecast period.
Glucaric Acid Market: Dynamic
Glucose is a cheap, renewable source used to produce a variety of chemicals, including glucaric acid. Glucaric acid is produced by a one-step process i.e. the oxidation of glucose. It is for this reason that the demand for large-scale production of glucaric acid has increased in recent years. Additionally, glucaric acid is an environmentally friendly biodegradable chemical. The growing awareness of the potential threats of non-biodegradable chemicals has led to an increasing inclination towards biodegradable chemicals, which is yet another important factor that is expected to contribute to the increase in demand. That aside, glucaric acid is now used in a variety of applications. For example, it is used in concrete admixtures used in construction, as a corrosion inhibitor and chemical intermediate, in health supplements and many more.
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Although the production of glucaric acid is a one-step process, nitric acid is used in its production process, resulting in the formation of harmful waste and NOx gases. This gas must be treated before being released into the environment. Hence, the large-scale production of glucaric acid is inhibited to some extent by the production of NOx, which is expected to hamper the expected growth of the glucaric acid market.
Due to its environmentally friendly nature, the demand for glucaric acid is also increasing in other application segments where it can be replaced by non-biodegradable chemicals. In addition, the formation of certain polymers using glucaric acid, which is mainly used for making nylon, is a current trend seen in the glucaric acid market. In addition, manufacturers are focusing on developing innovative process techniques that can reduce the amount of waste generated during production.
Glucaric Acid Market: Segmentation
The global glucaric acid market can be segmented on the basis of product type and application.
On the basis of product type, the global Glucaric Acid market is segmented into Pure Glucaric Acid, Calcium D-Glucarate, Sodium Potassium D-Glucarate, and D-Glucaric Acid-1,4-Lactone. On the basis of application, the global glucaric acid market is segmented into detergents, chemicals, corrosion inhibitors, food additives / health supplements, and others.
Glucaric Acid Market: Regional Outlook
The Asia-Pacific region is expected to register significant growth due to the steady growth of the detergents market. In addition, a high consumption of glucaric acid in the healthcare sector is also one of the main factors responsible for the estimated growth in the region. North America, particularly the United States, has been the largest market for glucaric acid due to strict environmental regulations and strong adoptability. Consumption of glucaric acid is estimated to grow steadily in Europe due to the strong applicability of glucaric acid and strict regulations. Latin America and the Middle East and Africa are estimated to show relatively lackluster growth over the forecast period.
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Glucaric Acid Market: Key Players
Examples of some of the market players identified throughout the global Glucaric Acid market value chain are:
- Rennovia Inc
- Rivertop Renewables, Inc.
- Kalion Inc.
- Haihang Industry Co., Ltd.
- AK Scientific Inc.
- Alfa chemistry
- Carbosynth Limited
- Merck KGaA
- Cayman Chemical
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