Global demand for glutaric acid is projected to be worth US$ 5.3 billion in 2022 and to increase at a CAGR of 5% to US$ 8.63 billion from 2022 to 2032. The glutaric acid market study looks at the current expansion, which is being fueled by an increase in the number of applications from several end-use industries, including healthcare, personal care, cosmetics, and others.
Glutaric acid, also known as pentanedioic acid, is a dicarboxylic acid with the chemical formula C5H8O4. It is an organic compound that occurs naturally in some fruits and vegetables, as well as in the human body as an intermediate in the metabolism of amino acids. Glutaric acid finds applications in various fields, including the production of polymers, plastics, and coatings. It is also used as a precursor in the synthesis of pharmaceuticals and as a flavoring agent in the food industry. Despite its diverse applications, glutaric acid should be handled with care due to its corrosive and irritant properties.
Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-10125
Impact of COVID-19 on Glutaric Acid Market
The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.
The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Glutaric Acid market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.
Important Questions Answered in the Glutaric Acid Market Report
- How will the Glutaric Acid market expand through 2032?
- Which region is the most lucrative in the Glutaric Acid market?
- What are the recent technological developments in the Glutaric Acid market?
- What are key challenges and competition threats faced by Glutaric Acid market players?
- Who are prominent players leading the Glutaric Acid market?
Glutaric Acid Market: Key Segmentation
Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.
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
We Offer tailor-made Solutions to fit Your Requirements, Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-10125
Glutaric Acid Market: Competitive Evaluation
The FMI’s Glutaric Acid market report provides a comprehensive analysis on key players operating in the Glutaric Acid market. Some of the key players are:
- 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
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Why Buy FMI’s Report?
- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Glutaric Acid market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Glutaric Acid market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com