Glucaric Acid Market Analysis

Glucaric Acid Market Analysis

Glucaric acid industry size from de-icing application may surpass 25 kilo tons in forecasted timeframe. The product is used in managing snow and ice on winter roads to minimize environmental impacts while simultaneously economically improving road safety. Use of saccharic acid for road de-icing has increased recently owing to its high operating effectiveness at a lower temperature. These factors may cater towards boosting industry growth.
 

Glucaric acid market demand from food application may observe significant gains over 9% owing to limiting cancer risk by inhibiting an enzyme beta-glucuronidase. The product helps in detoxification of excessive estrogenic activity in human body and is considered a substitute to tamoxifen by nutritionists. Growing food market globally is likely to contribute towards product demand.
 

4-lactone demand is predicted to exceed USD 40 million by 2024. The product is extensively utilized in food ingredients and detergents owing to its effectiveness and easy availability. Technological advancements in production process with development of techniques which uses combination of organic products will boost glucaric acid demand.
 

Calcium D-glucarate market size are is projected to show gains of over 9% in forecast timeline. It is used in food as supplements owing to its known positive impacts on liver and potential to avoid diseases including ovarian, colon, and other hormone-dependent cancers.
 

Asia Pacific led by India, Australia, and Japan glucaric acid market is predicted to surpass USD 165 million in the estimated timeframe owing to availability of raw material and presence of cheap labor. Manufacturers including Rivertop and Rennovia have established manufacturing facilities in China, India, and Taiwan which will fuel regional product demand.
 

Europe driven by UK, and Germany saccharic acid market demand may witness significant gains up to 7.5% by 2024. Stringent government regulations pertaining to use of phosphates in detergents and harming environment may stimulate product demand in the region.
 

Brazil saccharic acid market may witness significant gains up to 7.5% in the estimated timeframe owing to increasing awareness for organic products which are nontoxic and mild. The product usage has been initiated & urged by the government to reduce the harmful impacts of phosphate and cost reduction in its waste water treatment which may enhance regional market growth.