Glucaric acid, also known as Saccharic acid is a chemical compound derived from oxidizing glucose with nitric acid. Glucaric acid is a sugar acid derived from D-glucose in which both the aldehydic carbon atom and the carbon atom bearing the primary hydroxyl group are oxidized to carboxylic acid groups. It chemical formula is C6H10O8, with molecular weight of 210.138 g/mol.
The global glucaric acid market report has been segmented on the basis of product type, application, and region.
On the basis of product type, the global glucaric acid market is segmented into pure glucaric acid, calcium D-glucarate, potassium sodium D-glucarate, D-glucaric acid-1,4-lactone, and calcium D-saccharate tetrahydrate. The pure glucaric acid segment is expected to account for highest share in terms of revenue contribution in the global glucaric acid market, owing to easy availability in the market at lower price.
On the basis of application, the global glucaric acid market is segmented into food ingredients, detergents, corrosion inhibitors, de-icing applications, and others (adhesives, cement & concrete additive). The detergent segment accounted for largest share in terms of glucaric acid consumption volume in 2016, followed by food ingredients segment.
On the basis of region, the global glucaric acid market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Do Inquiry of the Report Here: https://marketresearch.biz/report/glucaric-acid-market/#inquiry
Asia Pacific market is expected to account for largest share in terms of revenue in the global glucaric acid market owing to growing demand for this product from detergent and food industry in countries such as China and India. Taiwan, along with China and India have abundance of raw materials and thus major market players are opting to set manufacturing units in this region. North America market is expected to account for second-largest share in terms of revenue, owing to initiatives by governments in countries in this region, for adoption of glucaric acid as it is an organic product.
Key players operating in the global market include Shanghai Meicheng Chemical Co. Ltd., Kalion Inc., Rennovia Inc., Chemos GmbH & Co.KG, Haihang Industry Co., Ltd., Aadhunik Industries, AK Scientific Inc., Cayman Chemical, Merck KGaA, and Alfa Chemistry.