Global Glyoxal Market, 2024-2030

Glyoxal (OHC–CHO) is the dialdehyde that is the smallest possible and which consists of ethane having oxo groups on both carbons. It can be obtained from several natural sources such as from the oxidation of lipids or as a by-product of biological processes. Commercial glyoxal is prepared either by the gas-phase oxidation of ethylene glycol in the presence of a silver or copper catalyst (the Laporte process) or by the liquid-phase oxidation of acetaldehyde with nitric acid. Glyoxal appears as yellow crystals melting at15°C. Hence often encountered as a light-yellow liquid with a weak sour odor. Vapor has a green color and burns with a violet flame.

The two adjacent carbonyl groups make glyoxal highly reactive. It is used as an intermediate in the formulation of chemicals such as glyoxylate, imidazole, methyl imidazole, metronidazole, and allantoin, among others. Glyoxal has wide area of application including wood adhesive, pesticide, an agrochemical, an allergen, Antiwrinkle agents, as a binding, paint & coating, building construction, Cleaning washing, disinfectant, organic compound in food & beverage packaging, footwear, and garments. Also works as an intermediate for different kind of drugs such as pyrazinamide, vitamin A series, and a variety of antibiotics in the pharmaceutical industry

The global glyoxal research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global glyoxal market is growing at a fast pace and increasing its geographical footprint rapidly. The global glyoxal market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia PACIFIC region due rise in demand from end use industry. The major growth driver for glyoxal market are the rising organic material demand in food & beverages packing industry, and personal care industry.

Glyoxal enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of glyoxal market globally. The companies that lead global market are, The Dow Chemicals, BASF SE, Huntsman International LLC., China Petrochemical Corporation, Ineos Group Limited, Silver Fern Chemical, Eastman Chemical, Formosa Plastics Group, Shell Chemicals, Reliance Industries, Clariant, Alberta & Orient Glycol and Nan Ya Plastics Corp.

Research Methodology

The research process includes the market segmentation of the global glyoxal market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global glyoxal market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (30%), Asia (45%), Europe (25%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global glyoxal industry dynamics
• Estimation of the present global glyoxal market size in terms of value and volume.
• Global glyoxal market breakup based on by type and application.
• Verified global glyoxal market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global glyoxal industry value chain.