In 2022, the Oxalic Acid Market had a significant value of US$ 627.61 million, and it's all set to embark on a journey of growth at a CAGR of 2.6% through 2023 to 2029, with projected revenues reaching nearly US$ 751.13 million.

Oxalic Acid: More Than Just Chemistry

Scientifically referred to as C2H2O6 or ethanedioic acid, oxalic acid is a chemical with a wide range of applications. It serves as a metal polish, stain remover, bleaching agent, and mordant. Oxalic acid has a vital function in everything from the making of straw hats to polishing and removing tarnish from metal objects. But health is also a factor; it's not simply about chemistry.

Get your free sample report now!

Oxalic Acid in Pharmaceuticals

Growing public awareness of health hazards and microbiological contamination has led to a boom in the pharmaceutical business. A major participant in this market, oxalic acid is a component of several drugs, including antibiotics. One major factor propelling the oxalic acid market is the growth of medicines.

Oxalic Acid Market Segment Analysis:

The market is divided into three segments based on the product grade: solution, anhydrous, and dihydrate. Dihydrate has a high purity product with a range of 99.5% to 100%. Dihydrate is used in the food and beverage sector as a PH balancing agent and as a flavoring addition for ice cream and baked goods. As a bleaching agent, dihydrate is used in the leather and textile industries.

by Product

Grade Dihydrate
Anhydrous
Solution

The market is divided into many segments based on the applications, including pharmaceuticals, metal processing, agriculture, chemicals, textile and leather, and rare earth sampling. This is because the pharmaceutical industry uses oxalic acid to manufacture antibiotics such as Borneol, Terramycin, and Acromycine.

by Application

Pharmaceutical
Rare Earth Sampling
Metal Processing
Agriculture
Chemicals
Textile & Leather
Others

Request your free sample report today!: https://www.maximizemarketresearch.com/request-sample/101012 

Key Players

1. UBE Industries Ltd. 2. Punjab Chemical and Crop Protection Limited (PCCPL) 3. Radiant Indus Chem Pvt. Ltd. (RICPL) 4. Oxaquim S.A 5. Star Oxochem Pvt. Ltd 6. LabChem lnc. 7. Sigma-Aldrich Corporation 8. Honeywell International Inc. 9. Clariant 10. Shanxi Province Yuanping Chemicals Co. 11. Oxaquim S.A. 12. Mudanjiang Hongli 13. Indian Oxalate Ltd. 14. Synthetic Colour CHEM INDS 15. Radiance Paper 16. Salema Chemicals PVT. LTD.

Enter the sanctuary of the market report to unveil the sacred answers that elude curious minds:

• Unveil the essence of the mystical Oxalic Acid  Market.
• Journey through the mists of time with the forecast period of the Oxalic Acid  Market.
• Gaze into the swirling dance of competition in the captivating Oxalic Acid  Market.
• Ascertain the realm where the greatest market share lies within the Oxalic Acid  Market.
• Embrace the alluring opportunities that beckon in the Oxalic Acid  Market.

Key Offerings - The Bountiful Treasures

• Bestow upon your quest the treasure map, leading to Market Share, Size, and Revenue Forecast|2023-2029.
• Equip yourself with the magic key - Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends.
• Unlock the hidden gates of Market Segmentation, where the arcane secrets of Oxalic Acid  Market await your perusal.
• Stand among the giants as you survey the Landscape - Leading key players and other illustrious participants.

Browse Our Top Trending Reports :

Global Trampoline Market https://www.maximizemarketresearch.com/market-report/global-trampoline-market/83397/

Gas furnace Market https://www.maximizemarketresearch.com/market-report/gas-furnace-market/76731/ 

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656