Glyoxal Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 05/29/2019 -- Glyoxal is an organic compound with the formula OCHCHO. It is a transparent liquid sometimes with light yellow color. Glyoxal is the smallest dialdehyde (two aldehyde groups). Glyoxal is an intermediate product that is mainly used as cross-linking agent in numerous industries, e.g. textiles, leather, paper, disinfectants, adhesives or constructions. Through its chemical reactivity, Glyoxal is a versatile starting material for various chemical syntheses. For industrial production, Glyoxal is produced as 40% water solution all over the world. Consequently, the statistics of our survey refers to the Glyoxal 40% instead of pure Glyoxal product.
For industry structure analysis, the Glyoxal industry is concentrated. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry, but the top six producers account for more than 70% of the market. Regionally, China is the biggest production area of Glyoxal, also the leader in the whole industry. Europe and USA also produce large amount of Glyoxal per year. BASF is the leading player in EU, while Hubei Hongyuan leads China market.
For price trend analysis, a major factor that influences price fluctuation is the raw material price. The major raw materials, both Ethylene Glycol and Acetaldehyde are petroleum chemical products. The price of crude oil greatly influences the price of Ethylene Glycol and Acetaldehyde, thus affects the price of Glyoxal. As the price of crude oil has been trending down since 2014, the price of Glyoxal has declined as a result of that factor. It is expected the price of Glyoxal would still decrease a little due to the situation of current crude oil market.
The global Glyoxal market was 230 million US$ in 2018 and is expected to 260 million US$ by the end of 2025, growing at a CAGR of 1.2% between 2019 and 2025. This report studies the Glyoxal 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 Glyoxal 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
Taicang Guangze Chemical
By the product type, the market is primarily split into
Glyoxal produced from Ethylene Glycol
Glyoxal produced from Acetaldehyde
By the end users/application, this report covers the following segments
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