Global Glutaric Acid Market, By Product Grade (Industrial Grade, Reagent Grade), End Use Industry (Chemicals, Cosmetics and Personal Care, Healthcare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Glutaric Acid Market
Glutaric acid market will expect to grow at a rate of 4.40% for the forecast period of 2021 to 2028. Glutaric acid market report analyses the growth, which is currently being growing due to the increasing number of applications from various end use industries such as healthcare, personal care, cosmetics, and others.
Glutaric acid is an organic compound and omega-dicarboxylic acid is an alpha compound. A form of linear dicarboxylic acid, similar to compounds such as succinic acid and adipic acid, often known as pentanedioic acid. C3H6(COOH)2 is the chemical formula for Glutaric acid. In the form of colourless crystals, glutaric acid usually occurs. Glutaric acid's molecular weight is 132,115 g/mol, while its boiling point is 579°F. It is partially soluble in water, and forms a moderately strong acid in water. Glutaric acid is a metabolite and is produced naturally in the human body during the process of metabolism of amino acids such as tryptophan and lysine.
The growing usages of the product in the manufacturing of polymer material while used as an ingredient in the production of surfactants, rising demand from pharmaceutical industry as an ingredient in dietary supplements, surging volume of patients suffering from lifestyle diseases, changing work patterns along with extreme weather conditions are some of the major as well as important factors which will likely to accelerate the growth of the glutaric acid market in the projected timeframe of 2021-2028. On the other hand, growth of the chemical and healthcare sector along with rising demand for polyester polyols based coating and adhesive products which will further contribute by generating immense opportunities that will led to the growth of the glutaric acid market in the above mentioned projected timeframe.
Inflammation issues along with high consumption of product will cause health issues which will likely to act as market restraints factor for the growth of the glutaric acid in the above mentioned projected timeframe.
This glutaric acid market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on glutaric acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glutaric Acid Market Scope and Market Size
Glutaric acid market is segmented on the basis of product grade, and end use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product grade, the glutaric acid market is segmented into industrial grade, and reagent grade.
- Based on end use industry, the glutaric acid market is segmented into chemicals, cosmetics and personal care, healthcare, and others.
Glutaric Acid Market Country Level Analysis
Glutaric acid market is analysed and market size, volume information is provided by country, product grade, and end use industry as referenced above.
The countries covered in the glutaric acid market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Glutaric Acid Market Share Analysis
Glutaric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glutaric acid market.
The major players covered in the glutaric acid market report are DuPont; Liaoyang Hengye Chemical Co., Ltd.; Charkit Chemical Company LLC.; Kowa India Pvt.Ltd; The Chemical Company; Penta Manufacturer.; TCI AMERICA; Santa Cruz Biotechnology, Inc.; Biosynth Carbosynth.; BOC Sciences; Yixing Lianyang Chemical Co., Ltd.; Liaoyang hengye Chemical Co., Ltd.; Witton Chemical Co. Ltd.; Central Drug House.; Parchem fine & specialty chemicals.; Ottokemi.; Merck KGaA; SR GROUP; Alfa Aesar; SNA Healthcare Private Limited.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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