From Cleaning to Industrial Applications: Exploring the Diverse Oxalic Acid Market

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Oxalic acid has the chemical formula C2H2O6 and the IUPAC name ethanedioic acid. Oxalic acid is commonly bonded to minerals in plants, resulting in oxalate. Oxalic acid serves as a bleach, metal polish, stain remover, and mordant, among other things. Bleaching is mostly utilised in the pro

Oxalic Acid Market size was valued at US$ 627.61 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 2.6% through 2023 to 2029, reaching nearly US$ 751.13 Mn.

Oxalic Acid Market Overview

The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios, Industry benchmarks, region wise market potential and Industry rivalry.  The segment wise analytics cover the segment wise scope for the market, facilitating the companies in segment related decision making. 

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Oxalic Acid Market Report Scope and Research Methodology

The report on Oxalic Acid Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges opportunities for Oxalic Acid market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Oxalic Acid industry at local, regional and global level. Segment wise marker share estimation Industry potential is also covered.  

Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Oxalic Acid market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Oxalic Acid market size, the bottom-up approach was used.

Oxalic Acid Market Regional Insights

The regional analytics cover North America, South America, Asia Pacific, Europe Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions

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Oxalic Acid Market Segmentation

by Product Grade

Dihydrate
Anhydrous
Solution

Based on the Product Grade, the market is segmented into Dihydrate, Anhydrous, and Solution. Dihydrate oxalic acid segment is expected to hold the largest market shares of xx% by 2029. Dihydrate's formula and product purity are both high, ranging from 99.5% to 100%. In the food and beverage industry, dihydrate is used as a flavouring additive for ice cream and bakery products, as well as a PH balancing agent in food and beverages. In the textile and leather industries, dihydrate is using as a bleaching agent.

by Application

Pharmaceutical
Rare Earth Sampling
Metal Processing
Agriculture
Chemicals
Textile Leather
Others

Based on the Applications, the market is segmented into Pharmaceutical, Rare Earth Sampling, Metal Processing, Agriculture, Chemicals, Textile Leather, and Others. Pharmaceutical and Chemicals industries are expected to grow rapidly at a CAGR of % and % during the forecast period 2023-2029. This is due to the oxalic acid is used to make pharmaceuticals like Terramycin, Acromycine, Borneol, and many other antibiotics in the pharmaceutical industries.

by End User

Bleaching Purifying
Reducing agents
Stain Rust Removers
Miticides
Others

Beverage Metal Cans Market Key Players

1. UBE Industries Ltd.
2. Punjab Chemical and Crop Protection Limited (PCCPL)
3. Radiant Indus Chem Pvt. Ltd. (RICPL)
4. Oxaquim S.A
5. Star Oxochem Pvt. Ltd
6. LabChem lnc.
7. Sigma-Aldrich Corporation
8. Honeywell International Inc.
9. Clariant
10. Shanxi Province Yuanping Chemicals Co.
11. Oxaquim S.A.
12. Mudanjiang Hongli
13. Indian Oxalate Ltd.
14. Synthetic Colour CHEM INDS
15. Radiance Paper
16. Salema Chemicals PVT. LTD.

Key questions answered in the Oxalic Acid Market are:

  • What is Oxalic Acid?
  • What are the global trends in the Oxalic Acid Market?
  • What was the Oxalic Acid Total Market size in 2022?
  • What is expected Oxalic Acid Market size by 2029?
  • Who held the largest market share in Oxalic Acid Market?
  • Who are the leading companies and what are their portfolios in Oxalic Acid Market?
  • What are the major challenges that the Oxalic Acid Industry could face in the future?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2022−2029
  • Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis

About Maximize Market Research:

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