Global Glutaric Acid consumption is expected to be worth US$ 5.3 billion in 2022, rising at a 5% CAGR to US$ 8.63 billion between 2022 and 2032. The glutaric acid market study analyses current expansion, which is fueled by an increase in the number of applications from various end-use industries such as healthcare, personal care, cosmetics, and others.
Glutaric acid is an organic compound and an alpha, omega-dicarboxylic acid. Glutaric Acid is a type of linear dicarboxylic acid, related to compounds such as succinic acid and adipic acid. Glutaric Acid is also known as Pentanedioic acid. The chemical formula for Glutaric acid is C3H6(COOH)2. Glutaric acid commonly appears in the form of colourless crystals. The molecular weight of Glutaric acid is 132.115 g/mol, while the boiling point of Glutaric acid is 579 ° F. Glutaric acid 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. However, excessive levels of Glutaric acid in the body can have adverse effects on human health, including disease such as metabolic acidosis. Glutaric acid is synthesized for industrial applications using various methods. The hydrolysis of dihydropyran, and then oxidation provides Glutaric acid. The reaction of potassium or sodium cyanide with 1,3-dibromopropane provides a dinitrile compound, the hydrolysis of which produces Glutaric acid. In its common form, human exposure to Glutaric acid can occur through skin absorption, inhalation or ingestion, and causes irritation of the eyes and skin.
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However, Glutaric acid is not classified as toxic or hazardous compound. Glutaric acid is used in the manufacture of 1,5-Pentanedio, which is a widely used plasticizing additive and also acts as the precursor to polyester. Glutaric acid also finds application in the production of polymers such as polyamides and polyester polyols. Moreover, Glutaric acid is also used in the production of uvitonic acid.
Considering these aspects of the Glutaric acid, the study of the trends and forecasts of the Glutaric acid market becomes an important read.
Glutaric acid Market: Dynamics
Polymer materials are witnessing increasing demand across all end use industries. Polyamide based products are witnessing increasing application across industries such as automotive, clothing & apparel, sports equipment etc. The demand for polyester polyols based coating and adhesive products is witnessing significant growth, owing to the strength, stress resistance and flexibility factors. The usage of Glutaric acid in the production of such vital polymer materials is bound to drive its market growth in the future. Moreover, Glutaric acid is also used as an ingredient in the manufacture of surfactants. In healthcare sector, Glutaric acid is used in the production of pharmaceutical products and also used as an ingredient in some dietary supplements. There is increasing demand for pharmaceutical products across all regional markets with increasing lifestyle diseases, changing work patterns and extreme weather conditions owing to climate change. Thus the demand from healthcare sector is considered as another strong growth driver for the Glutaric acid market.
The research report presents a comprehensive assessment of the Glutaric acid market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Glutaric acid market segments such as geographies, application and industry.
Market Competition
Some of the key participants present in the global Glutaric Acid market include E I du Pont de Nemours & Co, Liaoyang Hengye Chemical Co., Ltd., Charkit Chemical, Kowa India Pvt.Ltd, The Chemical Company, Penta International, TCI AMERICA, Santa Cruz Biotechnology, Carbosynth and BOC Sciences among others.
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Key Segments Profiled in the Glutaric Acid Industry Survey
Product Grade:
- Industrial Grade Glutaric Acid
- Reagent Grade Glutaric Acid
End Use Industry:
- Glutaric Acid for Chemicals
- Glutaric Acid for Cosmetics & Personal Care
- Glutaric Acid for Healthcare
- Glutaric Acid for Other End Use Industries
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- CIS & Russia
- Asia Pacific
- Japan
- Middle East & Africa
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