Oxalic Acid Market Report 2026

The oxalic acid market size has grown strongly in recent years. It will grow from $1.28 billion in 2025 to $1.35 billion in 2026 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growth of chemical processing industries, increasing use in rust and stain removal applications, expansion of textile and leather processing, rising demand from wood pulp bleaching, availability of cost-effective synthesis processes.

The oxalic acid market size is expected to see strong growth in the next few years. It will grow to $1.65 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing demand for eco-friendly cleaning chemicals, rising adoption in electronics and semiconductor manufacturing, expansion of pharmaceutical applications, growing focus on high-purity specialty chemicals, increasing investments in chemical manufacturing capacity. Major trends in the forecast period include increasing use of oxalic acid in industrial cleaning applications, rising adoption in water treatment processes, growing demand from metallurgy and surface treatment industries, expansion of pharmaceutical grade oxalic acid usage, enhanced focus on high-purity chemical production.

The rising concerns regarding surgical site infections (SSIs) are expected to propel the growth of the oxalic acid market going forward. SSIs are infections that occur at the site of a surgical incision or in the tissue layers affected by the surgical procedure, and they can arise after any surgery, from minor outpatient procedures to major operations. Oxalic acid exhibits antimicrobial properties and potential activity against certain bacteria and fungi, which helps in preventing surgical site infections. For instance, in January 2024, according to the Centers for Disease Control and Prevention (CDC), a US-based government agency, there was approximately a 4% increase in the standardized infection ratio (SIR) for SSIs across all NHSN operative procedure categories compared to the previous year. Therefore, rising concerns about surgical site infections are driving the oxalic acid market.

Major companies operating in the oxalic acid market are focusing on producing oxalic acid for herbicidal applications. Oxalic acid has anti-nutrient properties that make it toxic to certain unwanted vegetation in agriculture. For instance, in January 2023, ADAMA, an Israel-based herbicide manufacturer, launched a new herbicide, Acert, with oxalic acid as its primary ingredient. The solution is designed to control invasive red rice (Oryza sativa) and other hard-to-eradicate weeds, such as barnyard grass (Echinochloa crus-pavonis), providing effective weed management for crop protection.

In October 2025, Oxaquim, a Spain-based specialty chemicals company, partnered with a North American company to become a preferred and critical supplier in the United States. The collaboration aims to enhance the supply and distribution of Oxaquim’s high-quality specialty chemicals, supporting industrial applications across North America while strengthening the company’s presence in the US market and fostering innovation in chemical solutions. The North American partner is a US-based life and health insurance provider, which will play a strategic role in facilitating market access and expanding Oxaquim’s reach.

Major companies operating in the oxalic acid market are OXEA GmbH, UBE Corporation, Shandong Fengyuan Chemical Co., Ltd., Henan Coal Chemical Industry Group Co., Ltd., Mudanjiang Fengda Chemical Co., Ltd., Jiangsu Longlight Chemical Co., Ltd., Indian Oxalate Limited, WeylChem Group, BASF SE, Solvay S.A., Arkema S.A., Mitsubishi Chemical Group Corporation, Alfa Aesar, Tokyo Chemical Industry Co., Ltd., Spectrum Chemical Manufacturing Corp., Merck KGaA, Haihang Industry Co., Ltd., GFS Chemicals, Inc., MP Biomedicals, LLC, Avantor, Inc.

Asia-Pacific was the largest region in the oxalic acid market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oxalic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the oxalic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The oxalic acid market consists of sales of ethanedioic acid, dicarboxylic acid, oxalic acid dihydrate, and ethanedionate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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