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Glucuric acid, also known as saccharic acid, is a chemical compound of formula C6H10O8. It is formed by the resulting chemical reaction between nitric acid and the oxidation of sugar. Glucuric acid is classified in renewable or green acids and is used in various applications in industries such as agriculture, pharmaceuticals, chemicals and foods. It is also used in the treatment of water and the manufacture of detergents. Chemicals used in the building and construction industry such as phosphates are likely to be replaced by glucaric acid because of its natural and renewable nature. Issues concerning the use of phosphates due to their toxic nature are the main driver of the glucaric acid market. Glucuric acid was one of the widely used chemicals in the United States in 2016. It is expected to offer significant growth opportunities over the forecast period. The implementation of stringent government regulations regarding the use of harmful chemicals to reduce environmental damage is the defining factor of the US glucaric acid market. The country is one of the leading producers of glucose. companies. According to a study by the US Department of Energy, glucaric acid has been identified as the leading chemical made from renewable sources. Depending on the type of product, the market for glucaric acid may be segmented into pure glucaric acid, sodium and potassium D-glucarate, calcium D-glucarate, 1,4-D-glucaric acid lactone and others. Based on the application, the market for glucaric acid can be separated into food ingredients, corrosion inhibitors, detergents, deicing and others.
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The Glucaric Acid Market Is Expected to Grow Significantly Over The Period because of its wide range of applications in many end-user industries. The increase in the use of glucaric acid in the manufacture of the polymer should propel the demand for acid in the coming years. In terms of product, the Pure Glucaric Acid segment held most of the market in 2016. It is expected to maintain its position over the forecast period. It is believed that the low cost and easy availability will boost the segment of pure glucaric acid in the near future. Pure glucaric acid is followed by calcium D-glucarate. This segment should experience strong growth, notably thanks to the increase in applications in the food industry. D-glucaric acid-1,4-lactone accounted for the market's nominal share in 2016 because of its use in cancer cure. This product has grown in Asia-Pacific countries such as India and China, due to the high prevalence of cancer in the region.
In terms of application, detergents held accounted for a significant portion of the glucarics market in 2016. The segment is expected to maintain its position over the forecast period. The implementation of stringent government regulations regarding the use of toxic phosphates in liquid detergents and the increasing demand for biodegradable cleaners are the factors that increase the demand for glucaric acid detergents. The detergent segment was followed by that of food ingredients in 2016. The awareness of glucaric acid due to its ability to maintain essential nutrient levels in foods and increase consumption in daily meals leads to the demand for glucaric acid. For more information on the professional and technical industry: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=26738
Based on the geography, l & # 39; Asia Pacific accounted for a significant portion of the Glucaric Acid market in 2016 due to the easy availability of raw materials and cheap labor compared to North America and Canada. Europe. Thus, key players including Rennovia and Rivertop have established manufacturing facilities in emerging economies of Asia-Pacific such as India, China and Taiwan. North America accounted for a significant share of the market in 2016, with the United States pioneering the introduction of acid. Glucuric acid is a renewable product. Therefore, its use is supported by governing bodies such as the Environmental Protection Agency (EPA). This further increases the demand for glucaric acid
The main players in the market for glucanic acid are Rennovia Inc., Rivertop Renewables, Shanghai Meicheng Chemical Co. Ltd., Kalion Inc. and Chemos.
Transparency Market Research (TMR) is a US provider of syndicated research, customized research and consulting services. The global and regional market information coverage of TMR includes sectors such as pharmaceuticals, chemicals and materials, technology and media, food and beverages and consumer goods, among others. Each TMR research report provides customers with a 360-degree view of the market with statistical forecasts, a competitive landscape, detailed segmentation, key trends and strategic recommendations.
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