Oxalic Acid - Global Strategic Business Report

The global market for Oxalic Acid is estimated at US$607.5 Million in 2023 and is projected to reach US$720.1 Million by 2030, growing at a CAGR of 2.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the oxalic acid market is driven by several factors. Firstly, the rising demand for effective bleaching and cleaning agents in the textile industry is propelling the use of oxalic acid. Secondly, the expanding metal processing industry's reliance on oxalic acid for rust removal and metal treatment is a significant growth driver. The pharmaceutical sector's increasing use of oxalic acid in drug synthesis and formulation also contributes to market growth. Additionally, the growing demand for household cleaning products that utilize oxalic acid is boosting consumption.

The development of advanced production methods and high-purity oxalic acid for specialized applications further enhances market growth. Lastly, ongoing research and development efforts aimed at discovering new applications and improving production processes continue to foster market expansion, underscoring the robust growth trajectory of the oxalic acid market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Dihydrate Grade Oxalic Acid segment, which is expected to reach US$336.9 Million by 2030 with a CAGR of a 2.9%. The Amorphous Grade Oxalic Acid segment is also set to grow at 2.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $164.9 Million in 2023, and China, forecasted to grow at an impressive 4.3% CAGR to reach $139.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Oxalic Acid Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Oxalic Acid Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Oxalic Acid Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as HeFei DongFeng Genral Chemical Plant, Honeywell Research Chemicals, Indian Oxalate Limited, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 22 Featured):

• HeFei DongFeng Genral Chemical Plant
• Honeywell Research Chemicals
• Indian Oxalate Limited
• MilliporeSigma
• Oxaquim SA
• Punjab Chemicals and Crop Protection Ltd.
• Qingzhou Aoxing Chemical Co., Ltd.
• Radiant Indus Chem Pvt., Ltd.
• Shandong Fengyuan Chemical Co. Ltd.
• STAR OXOCHEM PVT. LTD.
• Thermo Fisher Scientific - Alfa Aesar
• UBE Industries Ltd.
• WeylChem International GmbH