Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Refined Oxalic Acid Market by Type (100 ppm-500 ppm SO?²¯, Less than or equal to 100 ppm SO?²¯), By Application (Electronics Industry, Rare Earth Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Refined Oxalic Acid Market by Type (100 ppm-500 ppm SO?²¯, Less than or equal to 100 ppm SO?²¯), By Application (Electronics Industry, Rare Earth Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144053 3300 Chemical & Material 377 231 Pages 4.5 (50)

Market Overview:

The global refined oxalic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electronics and rare earth industry products, and other applications. In terms of type, the 100 ppm-500 ppm SO?²¯ segment is expected to dominate the global refined oxalic acid market during the forecast period, owing to its high purity levels and better performance in various applications.

Global Refined Oxalic Acid Industry Outlook

Product Definition:

Refined oxalic acid is a colorless, odorless compound that occurs naturally as a crystal. Industrially, it is produced by the oxidation of ethylene glycol.

100 ppm-500 ppm SO?²¯:

Refined oxalic acid also called as 2,4-Dihydroxy-2,4-dihydroxypentanoic acid or simply DHA is a naturally occurring organic compound. It's a colorless crystalline solid that has slight odor. Refined oxalic acid is soluble in water and ethanol and slightly soluble in diethyl ether, which makes it an ideal solvent for laboratory use.

Less than or equal to 100 ppm SO?²¯:

Refined oxalic acid also known as 2,4-dimethyloxalic acid is a colorless and highly toxic liquid with a pungent odor. It is used in the production of chemicals that are used to manufacture detergents, adhesives, paints & coatings solvents and pharmaceuticals.

Application Insights:

Electronics industry emerged as the largest application segment and accounted for a volume share of over 40.0% in 2017. The growth can be attributed to increasing demand from various end-use applications such as mobile phones, laptops, consumer electronics, etc. Oxalic acid is used in electronic components manufacturing on account of its superior characteristics including high corrosion resistance and low volatility which enhance the shelf life of electronic products leading to an increase in product demand over the forecast period.

The rare earth industry is anticipated to emerge as another key application segment growing at an estimated CAGR of XX% from 2018 to 2030 owing to rising use in various industrial processes such as mineral processing & extraction along with its derivatives usage such as oxides and chlorides which are widely utilized across several end-use industries globally including glass manufacturing, cement production among others due to their properties that enhance strength & durability while reducing weight among other advantages thereby boosting market growth over the forecast period.

Regional Analysis:

Asia Pacific was the largest market for refined oxalic acid and accounted for a revenue share of over 60% in 2017. The region is expected to continue its dominance over the forecast period owing to high product demand from various end-use industries, such as electronics, rare earth industry, pharmaceuticals and food & beverages. China is anticipated to remain a key consumer of refined oxalic acid on account of rapid industrialization coupled with increasing domestic production levels.

The European market growth can be attributed to stringent regulations regarding environmental pollution along with rising awareness about health hazards associated with toxic chemicals used in manufacturing electronic products. Europe has imposed restrictions on the use of certain chemical compounds which are anticipated to have a positive impact on product demand across this region during the forecast period  (2018-2030).

Growth Factors:

  • Increasing demand from the metal finishing industry for corrosion inhibition and surface treatment.
  • Growing application of oxalic acid in pharmaceuticals and agrochemicals industries.
  • Rising demand for oxalic acid in dyeing and printing industries.
  • Increasing use of oxalic acid as a bleaching agent in textile industries.

Scope Of The Report

Report Attributes

Report Details

Report Title

Refined Oxalic Acid Market Research Report

By Type

100 ppm-500 ppm SO?²¯, Less than or equal to 100 ppm SO?²¯

By Application

Electronics Industry, Rare Earth Industry, Other

By Companies

Oxaquim, Punjab Chemicals, Star Oxochem, Indian Oxalate, Uranus Chemicals, Ube, LonG ShinE Industry, Fengyuan Chemical, Tianjin Chengyi International Trading, Dongfeng Chemical

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Refined Oxalic Acid Market Report Segments:

The global Refined Oxalic Acid market is segmented on the basis of:


100 ppm-500 ppm SO?²¯, Less than or equal to 100 ppm SO?²¯

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Electronics Industry, Rare Earth Industry, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Oxaquim
  2. Punjab Chemicals
  3. Star Oxochem
  4. Indian Oxalate
  5. Uranus Chemicals
  6. Ube
  7. LonG ShinE Industry
  8. Fengyuan Chemical
  9. Tianjin Chengyi International Trading
  10. Dongfeng Chemical

Global Refined Oxalic Acid Market Overview

Highlights of The Refined Oxalic Acid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 100 ppm-500 ppm SO?²¯
    2. Less than or equal to 100 ppm SO?²¯
  1. By Application:

    1. Electronics Industry
    2. Rare Earth Industry
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Refined Oxalic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Refined Oxalic Acid Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Refined oxalic acid is a white crystalline powder that is derived from oxalates. It has a sour, acidic taste and can be used in food and beverage products.

Some of the major companies in the refined oxalic acid market are Oxaquim, Punjab Chemicals, Star Oxochem, Indian Oxalate, Uranus Chemicals, Ube, LonG ShinE Industry, Fengyuan Chemical, Tianjin Chengyi International Trading, Dongfeng Chemical.

The refined oxalic acid market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Refined Oxalic Acid Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Refined Oxalic Acid Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Refined Oxalic Acid Market - Supply Chain
   4.5. Global Refined Oxalic Acid Market Forecast
      4.5.1. Refined Oxalic Acid Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Refined Oxalic Acid Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Refined Oxalic Acid Market Absolute $ Opportunity

5. Global Refined Oxalic Acid Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Refined Oxalic Acid Market Size and Volume Forecast by Type
      5.3.1. 100 ppm-500 ppm SO?²¯
      5.3.2. Less than or equal to 100 ppm SO?²¯
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Refined Oxalic Acid Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Refined Oxalic Acid Market Size and Volume Forecast by Application
      6.3.1. Electronics Industry
      6.3.2. Rare Earth Industry
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Refined Oxalic Acid Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Refined Oxalic Acid Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Refined Oxalic Acid Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Refined Oxalic Acid Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Refined Oxalic Acid Demand Share Forecast, 2019-2026

9. North America Refined Oxalic Acid Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Refined Oxalic Acid Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Refined Oxalic Acid Market Size and Volume Forecast by Application
      9.4.1. Electronics Industry
      9.4.2. Rare Earth Industry
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Refined Oxalic Acid Market Size and Volume Forecast by Type
      9.7.1. 100 ppm-500 ppm SO?²¯
      9.7.2. Less than or equal to 100 ppm SO?²¯
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Refined Oxalic Acid Demand Share Forecast, 2019-2026

10. Latin America Refined Oxalic Acid Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Refined Oxalic Acid Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Refined Oxalic Acid Market Size and Volume Forecast by Application
      10.4.1. Electronics Industry
      10.4.2. Rare Earth Industry
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Refined Oxalic Acid Market Size and Volume Forecast by Type
      10.7.1. 100 ppm-500 ppm SO?²¯
      10.7.2. Less than or equal to 100 ppm SO?²¯
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Refined Oxalic Acid Demand Share Forecast, 2019-2026

11. Europe Refined Oxalic Acid Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Refined Oxalic Acid Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Refined Oxalic Acid Market Size and Volume Forecast by Application
      11.4.1. Electronics Industry
      11.4.2. Rare Earth Industry
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Refined Oxalic Acid Market Size and Volume Forecast by Type
      11.7.1. 100 ppm-500 ppm SO?²¯
      11.7.2. Less than or equal to 100 ppm SO?²¯
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Refined Oxalic Acid Demand Share, 2019-2026

12. Asia Pacific Refined Oxalic Acid Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Refined Oxalic Acid Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Refined Oxalic Acid Market Size and Volume Forecast by Application
      12.4.1. Electronics Industry
      12.4.2. Rare Earth Industry
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Refined Oxalic Acid Market Size and Volume Forecast by Type
      12.7.1. 100 ppm-500 ppm SO?²¯
      12.7.2. Less than or equal to 100 ppm SO?²¯
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Refined Oxalic Acid Demand Share, 2019-2026

13. Middle East & Africa Refined Oxalic Acid Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Refined Oxalic Acid Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Refined Oxalic Acid Market Size and Volume Forecast by Application
      13.4.1. Electronics Industry
      13.4.2. Rare Earth Industry
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Refined Oxalic Acid Market Size and Volume Forecast by Type
      13.7.1. 100 ppm-500 ppm SO?²¯
      13.7.2. Less than or equal to 100 ppm SO?²¯
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Refined Oxalic Acid Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Refined Oxalic Acid Market: Market Share Analysis
   14.2. Refined Oxalic Acid Distributors and Customers
   14.3. Refined Oxalic Acid Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Oxaquim Overview Financials Developments Strategic Outlook
      14.4.2. Punjab Chemicals Overview Financials Developments Strategic Outlook
      14.4.3. Star Oxochem Overview Financials Developments Strategic Outlook
      14.4.4. Indian Oxalate Overview Financials Developments Strategic Outlook
      14.4.5. Uranus Chemicals Overview Financials Developments Strategic Outlook
      14.4.6. Ube Overview Financials Developments Strategic Outlook
      14.4.7. LonG ShinE Industry Overview Financials Developments Strategic Outlook
      14.4.8. Fengyuan Chemical Overview Financials Developments Strategic Outlook
      14.4.9. Tianjin Chengyi International Trading Overview Financials Developments Strategic Outlook
      14.4.10. Dongfeng Chemical Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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