ReleaseWire

Gluconic Acid Market Growing at 3.10% CAGR Will Hit 160 Million US$ in 2025

Posted: Friday, April 26, 2019 at 4:41 PM CDT

Los Angeles, CA -- (SBWire) -- 04/26/2019 --Gluconic acid is derived from glucose through a simple dehydrogenation reaction. It is a multifunctional organic acid used as bulk chemical in the food, feed, pharmaceutical, textile, metallurgy, detergent and construction industries.

Gluconic acid derivatives are downstream products of gluconic acid. Also gluconic acid derivatives suppliers are same with that of gluconic acid. For clarity, we added information of gluconic acid derivatives in chapter 12, which including basic infoemation, application, major suppliers and regional data of different type derivatives.

In consumption market, the growth rate of global consumption is smooth relatively. North America and China are still the mainly consumption regions due to the advanced production technology and wide range of downstream areas.

Gluconic acid can be classified as two major types: gluconic acid (50% solution) and gluconic acid (solid). It can be widely used in many industries. The construction industry is the major consumption market. With the development of economy, these industries will need more gluconic acid. So, gluconic acid has a huge market potential in the future.

The major raw material for gluconic acid is glucose, etc. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of gluconic acid industry.

We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

The global Gluconic Acid (Cas 526-95-4) market was 130 million US$ in 2018 and is expected to 160 million US$ by the end of 2025, growing at a CAGR of 3.1% between 2019 and 2025.

This report studies the Gluconic Acid (Cas 526-95-4) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Gluconic Acid (Cas 526-95-4) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Jungbunzlauer

Roquette

PMP Fermentation Products

Shandong Fuyang

Shandong Kaison

Shandong Baisheng

Anil

Anhui Xingzhou

Qingdao Kehai

By the product type, the market is primarily split into

Gluconic Acid (50% Solution)

Gluconic Acid (Solid)

Other

By the end users/application, this report covers the following segments

Construction

Food

Pharmaceutical

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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