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.
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
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:
Types
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.
Applications
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:
- Oxaquim
- Punjab Chemicals
- Star Oxochem
- Indian Oxalate
- Uranus Chemicals
- Ube
- LonG ShinE Industry
- Fengyuan Chemical
- Tianjin Chengyi International Trading
- Dongfeng Chemical
Highlights of The Refined Oxalic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the 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
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Punjab Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Star Oxochem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Indian Oxalate
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Uranus Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ube
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LonG ShinE Industry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fengyuan Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tianjin Chengyi International Trading
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dongfeng Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
