Glyoxal Market is expected to grow at a CAGR of 4.2% during the forecast period. Global Glyoxal Market is expected to reach US$ 424.94 Mn by 2029. The global Glyoxal market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Glyoxal report also provides trends by market segmeFnts, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Glyoxal Market Overview:
Glyoxal is widely used in various end-use industries including food packaging & paper manufacturing, derivatives, oil & gas, textile, paper, cosmetics, and leather. These factors drive the global glyoxal market size.Glyoxal Market Dynamics:
Growing end-use industries including cosmetics, textile, paper, and oil & gas are expected to drive the global glyoxal market demand during the forecast period. Glyoxal prevents cellulosic swelling thanks to its ability to bind cellulose, thus it is especially utilized in the textile industry. With the crosslinking of cellulose, glyoxal aids the development of wrinkle-free and smoother textiles. Additionally, for the growth of hydrocolloids, glyoxal crosslinks polysaccharides like guar, xanthan, and cellulose derivatives. The glyoxal is widely utilized in food packaging & paper manufacturing applications thanks to its low moisture retention characteristic. Rising consumer base towards packaged food thanks to changing lifestyles is the major factor contributing to the market growth. Investments made by major players in the oil & gas sector, particularly in the countries of the Middle East & Africa including Nigeria and South Africa are further driving the market demand. The key function of glyoxal is oil recovery and gas sweetening, both factors play a vital role in making both the oil and gas. Governments across the globe are focusing on decreasing carbon footprint by imposing various regulations and norms. As per the OECD guidelines 301C-E & 303A, because of its biodegradable existence, glyoxal is considered environmentally friendly, showing a decrease in the organic carbon content of more than 90%. Because of this, glyoxal is implemented in various applications ranging from textile to oil & gas. Fluctuations in raw materials needed to produce glyoxal are restraining the market growth. Also, the availability of raw materials expected to hamper the glyoxal production as well as the continuous supply of glyoxal.Glyoxal Market Segment Analysis:
By Application, the glyoxal market is segmented into crosslinking, and intermediate. Crosslinking segment expected to lead the market during the forecast period thanks to its excellent finishing properties in textile processing, better efficiency in the improved wet strength in the paper, tanning process, and hydrocolloids formation in cosmetic/personal care products. The necessity for glyoxal as a crosslinker is expected to boost during the forecast period because of the rising demand for paper packaging, footwear, textiles, garments, and personal care products. By End-Use Industry, the market is segmented into textile, paper, derivatives, oil & gas, cosmetic/personal care, and leather. The oil & gas end-use industry is expected to grow at a CAGR of xx% during the forecast period. Glyoxal is commonly used in processes of gas sweetening as a crosslinker for oil recovery and as a sulfur scavenger which offers aids like safety at work, anti-corrosive, and develops viscosity in oil-drilling fluids. Rising oil & gas exploration activities mainly in the Asia Pacific and Middle East region is contributing factor to the global market growth.Glyoxal Market Regional Insights:
Asia Pacific is dominating the Glyoxal Market Asia Pacific led the global industry and accounted for the largest market share around xx% in terms of volume in 2022. Growing demand from end-use industries including textile, paper, and oil & gas is estimated to be a major driving factor for the market growth in the region. The region is expected to maintain its dominance during the forecast period thanks to huge demand in the cosmetic industry purposing cosmetic products that include moisturizers, sunscreen creams, and lotions. Increasing demand from end-use industries like wood adhesives, paper packaging, and leather along with the recovery of economic growth is expected to drive market growth in Europe during the forecast period. Growing glyoxal applications in the production of glycolic acid which serves as an intermediate for antibiotics, vanillin, agrochemicals, and allantoin is another key factor driving market growth in the region. The objective of the report is to present a comprehensive analysis of the Global Glyoxal market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Glyoxal market dynamics, structure by analyzing the market segments and project the Global Glyoxal market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Glyoxal market make the report investor’s guide.Glyoxal Market Scope: Inquire before buying
Global Glyoxal Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 318.60 Mn. Forecast Period 2023 to 2029 CAGR: 4.2% Market Size in 2029: US $ 424.94 Mn. Segments Covered: by Application Crosslinking Intermediate by End-Use Industry Textile Paper Derivatives Oil & Gas Cosmetic/Personal Care Leather Glyoxal Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Glyoxal Market, Key Players are
1.BASF SE 2. Eastman Chemical 3. Silver Fern Chemical 4. Clariant 5. Huntsman Corp. 6. Formosa Plastics Group 7. INEOS 8. Shell Chemicals 9. SINOPEC 10. ME Global B.V. 11. Alberta & Orient Glycol 12. Merck KgaA 13. Thermo Fisher Scientific Inc. 14. WeylChem International GmbH 15. Haihang Group 16. Others Frequently Asked Questions: 1. Which region has the largest share in Global Glyoxal Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Glyoxal Market? Ans: The Global Glyoxal Market is growing at a CAGR of 4.2% during forecasting period 2023-2029. 3. What is scope of the Global Glyoxal market report? Ans: Global Glyoxal Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Glyoxal market? Ans: The important key players in the Global Glyoxal Market are – BASF SE, Eastman Chemical, Silver Fern Chemical, Clariant, Huntsman Corp., Formosa Plastics Group, INEOS, Shell Chemicals, SINOPEC, ME Global B.V., Alberta & Orient Glycol, Merck KgaA, Thermo Fisher Scientific Inc., WeylChem International GmbH, Haihang Group, and Others 5. What is the study period of this market? Ans: The Global Glyoxal Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Glyoxal Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Glyoxal Market 3.4. Geographical Snapshot of the Glyoxal Market, By Manufacturer share 4. Global Glyoxal Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Applications 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Glyoxal Market 5. Supply Side and Demand Side Indicators 6. Global Glyoxal Market Analysis and Forecast, 2022-2029 6.1. Global Glyoxal Market Size & Y-o-Y Growth Analysis. 7. Global Glyoxal Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.1.1. Crosslinking 7.1.2. Intermediate 7.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 7.2.1. Textile 7.2.2. Paper 7.2.3. Derivatives 7.2.4. Oil & Gas 7.2.5. Cosmetic/Personal Care 7.2.6. Leather 8. Global Glyoxal Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Glyoxal Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.1.1. Crosslinking 9.1.2. Intermediate 9.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 9.2.1. Textile 9.2.2. Paper 9.2.3. Derivatives 9.2.4. Oil & Gas 9.2.5. Cosmetic/Personal Care 9.2.6. Leather 10. North America Glyoxal Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Glyoxal Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 12. Canada Glyoxal Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 13. Mexico Glyoxal Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 14. Europe Glyoxal Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 15. Europe Glyoxal Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Glyoxal Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 17. France Glyoxal Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 18. Germany Glyoxal Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 19. Italy Glyoxal Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 20. Spain Glyoxal Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 21. Sweden Glyoxal Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 22. CIS Countries Glyoxal Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 23. Rest of Europe Glyoxal Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 24. Asia Pacific Glyoxal Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 25. Asia Pacific Glyoxal Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Glyoxal Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 27. India Glyoxal Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 28. Japan Glyoxal Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 29. South Korea Glyoxal Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 30. Australia Glyoxal Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 31. ASEAN Glyoxal Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 32. Rest of Asia Pacific Glyoxal Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 33. Middle East Africa Glyoxal Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 34. Middle East Africa Glyoxal Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Glyoxal Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 36. GCC Countries Glyoxal Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 37. Egypt Glyoxal Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 38. Nigeria Glyoxal Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 39. Rest of ME&A Glyoxal Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 40. South America Glyoxal Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 41. South America Glyoxal Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Glyoxal Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 43. Argentina Glyoxal Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 44. Rest of South America Glyoxal Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Glyoxal Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-Use Industry’s and R&D Investment 45.2.2. New Application Launches and Application Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. BASF SE 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Application Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Eastman Chemical 45.3.3. Silver Fern Chemical 45.3.4. Clariant 45.3.5. Huntsman Corp. 45.3.6. Formosa Plastics Group 45.3.7. INEOS 45.3.8. Shell Chemicals 45.3.9. SINOPEC 45.3.10. ME Global B.V. 45.3.11. Alberta & Orient Glycol 45.3.12. Merck KgaA 45.3.13. Thermo Fisher Scientific Inc. 45.3.14. WeylChem International GmbH 45.3.15. Haihang Group 45.3.16. Other Key Players 46. Primary Key Insights