November 7, 2016 - 9:32 AM EST
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Global Glucaric Acid Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022 - Research and Markets

Research and Markets has announced the addition of the "Global Glucaric Acid Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.

The global glucaric acid market is expected to grow at CAGR if 9.1% between period of 2016 and 2022

Asia Pacific is the fastest growing glucaric acid market for the forecasted period. Countries like India, Malaysia and China are going to be the key consumer markets in the region. Electronic industry in countries like Japan, China and South Korea is set to fuel glucaric acid market due to demand from stimulated coatings. Large scale accessibility of sugar, cheap labour and growing industrial demand are the factors set to drive glucaric acid market in Asia Pacific.

Volatile crude oil and petrochemical prices and advancement in manufacturing process are some of the drivers of the global glucaric acid market. New product applications and single step production from abundant raw material glucose are the some of the opportunities in the global glucaric acid market for the forecasted period. Competitive market, labour costs are the restraints in the global glucaric acid market. Expensive manufacturing process is one the major challenges in the global glucaric acid market for the forecasted period.

The constant change in supply and demand of oil is likely to bring volatility in oil price. The prices of oil and petrochemicals remain volatile due to political and social disruptions. For chemical industry, is the change in oil and petrochemical price over the medium term can affect overall production, which then needs constant changes. Crude oil is an important driver in the petrochemical industry, since key chemical building blocks like aromatics, ethylene, and propylene are directly produced from crude oil. Changes in oil price have a significant impact on of all these chemicals, affecting overall cost structure. For chemical companies, the manufacturing costs of the marginal manufacturer are the main drivers of market prices. Volatile oil price affects marginal manufacturers, production costs and therefore end commodity price as well. As a solution to this unstable circumstance, chemical companies are looking for alternative renewable chemicals like glucaric acid.

Some of the leading companies in the global glucaric acid market are:

  • Ak Scientific Inc.
  • Alfa Chemistry
  • An Pharmatech
  • Basf
  • Chembo Pharma
  • Jungbunzlauer
  • Kerry
  • Merck Millipore
  • Novozymes
  • Oxychem Co.
  • Pmp Inc.
  • R-Biopharm
  • Roquette
  • Sigma Aldrich
  • TCI Chemicals
  • Rivertop Renewables

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Geographic Analysis

6. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/c8vncd/global_glucaric

Research and Markets
Laura Wood, Senior Manager
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Related Topics: Chemicals


Source: Business Wire (November 7, 2016 - 9:32 AM EST)

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