Oxalic Acid Market Size, Share, Trends, Industry Growth Analysis and Forecast 2032-2032| Honeywell International Inc., Merck KGaA, Clariant AG, UBE Corporation, Sigma-Aldrich Co. LLC,

The Oxalic Acid Global Market Report 2023, provides comprehensive information on the oxalic acid market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global oxalic acid market size is expected to grow from $1.14 billion in 2022 to $1.20 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of oxalic acid market is expected to reach $1.42 billion in 2027 at a CAGR of 4.3%.

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Increasing investments are a popular trend in the oxalic acid market. Major companies operating in the oxalic acid market are focused on increasing investments to meet demand and sustain their position in the market. For instance, in May 2022, Oxaquim S.A, a Spain-based oxalic acid producer company, stated that it would boost its annual production capacity from 20,000 to 25000 metric tons by investing 44 million euros ($47.05 million) in the expansion of its Alcaniz factory and the development of a new facility in Andorra. This expansion will meet the future demand for oxalic acid.

The oxalic acid market is segmented:

1) By Product Grade: Anhydrous, Dihydrate, Aqueous Solution

2) By Process: Oxidation Of Carbohydrates, CO Coupling Reaction, Oxidation Of Propylene, Sodium Formate Process

3) By Application: Bleaching And Purifying Agents, Reducing Agents, Stain And Rust Removers, Miticide, Precipitation Agents, Other Applications

4) By End Use: Petrochemicals, Water Treatment Chemicals, Metallurgy, Textiles And Leather, Pharmaceuticals, Electronics And Semiconductors, Wood Pulp, Bee-Hiving

Asia-Pacific was the largest region in the oxalic acid market in 2022.

The table of contents in TBRC’s oxalic acid market report includes:

1. Executive Summary

2. Oxalic Acid Market Characteristics

3. Oxalic Acid Market Trends And Strategies

4. Oxalic Acid Market – Macro Economic Scenario

5. Oxalic Acid Market Segmentation

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26. South America Oxalic Acid Market

27. Brazil Oxalic Acid Market

28. Middle East Oxalic Acid Market

29. Africa Oxalic Acid Market

30. Oxalic Acid Market Competitive Landscape And Company Profiles

Top Major Players:

• Honeywell International Inc
• Merck KGaA
• Clariant AG
• UBE Corporation
• Sigma-Aldrich Co. LLC

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