Oxalic Acid Market Production, Revenue and Growth Rate to Forecast 2021
“Oxalic acid is used as a mordant in dying process. It is also used for metal polishing and wood cleaning. Oxalic acid plays an important role as rust-remover for metal treatment industry as well as water treatment. It is also used in the leather tanning process and as an agent in the rare earth’s industry. Increasing development in different verticals such as medical, pharmaceuticals, and others is an important reason behind its growing demand for oxalic acid across the globe.”
Global Oxalic Acid Market is segmented on the basis of manufacturing process, application, and geography. Oxalic acid is an organic compound and colorless, crystalline substance with sharp, sour taste. At high concentration, it could prove to be poisonous. Oxalic acid is a part of carboxylic acid family. It is soluble in water, ether, and alcohol. Oxalic acid is used in various industries such as in pharmaceutical industry for production of medicines such as Aureomycin, tetracycline, oxytetracycline, and so on, and also for purification or dilution purpose. It is usually used as bleaching or cleaning agent for straw hats; in laundries for removing paint, color, iron rust stains, varnish, and ink stains. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/oxalic-acid-market
Oxalic acid is used as a mardant in dying process. It is also used for metal polishing and wood cleaning. Oxalic acid plays an important role as rust-remover for metal treatment industry as well as water treatment. It is also used in the leather tanning process and as an agent in the rare earth’s industry. Increasing development in different verticals such as medical, pharmaceuticals, and others is an important reason behind its growing demand for oxalic acid across the globe. Oxalic acid is harmful to tissues and extreme exposure to oxalic acid causes laryngitis, burning sensation, spasm and so on; which, in turn, hampers the growth of the oxalic acid market. The tremendous growth in rare earth and pharmaceutical industry is the major supplier to the growth of the oxalic acid market. Oxalic acid market is expected to grow substantially in the upcoming years. Furthermore, several companies are adopting attractive strategies such as collaboration, expansion, and joint venture to accelerate the growth of the oxalic acid market. Based on manufacturing process, oxalic acid market is classified as sodium formate dehydrogenation process, nitric acid oxidation process, dialkyl oxalate hydrolysis process, and so on. Based on application, oxalic acid market is classified as rare earth industry, textile, pharmaceuticals, cleaning & bleaching, dying & printing, developing photographic films, beekeepers, surface dust removal, daily use chemicals, and so on. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/oxalic-acid-market/request-sample Based on geography, oxalic acid indsutry is classified as Europe, Latin America, Asia Pacific, North America, and Middle East & Africa. Asia Pacific is estimated to be the largest market share of oxalic acid across the globe. Especially China is a major producer, consumer, and exporter of oxalic acid. The tremendous growth in rare earth industry, textiles, and pharmaceuticals is the main factor behind the increase in oxalic acid industry in Asian countries. Europe is one of the fastest rising markets for oxalic acid. In application sector, the U.S. is also representing positive view toward the demand for oxalic acid. Key players operating in the oxalic acid industry are Radiant Indus, Clariant, Mudanjiang Hongli, Hill Brothers Chemical Co., Shanxi Province Yuanping Chemicals Co. Ltd, Shijiazhuang Taihe Chemical Co. Ltd., Uranus Chemicals Co. Ltd, Oxaquim S.A., Ube Industries Ltd., Tongliao Jinmei Chemicals Co. Ltd., Indian Oxalate Ltd., Clariant International Ltd and Labchem Inc. This report studies Oxalic Acid in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with Production, price, revenue and market share for each manufacturer, covering • Clarit • Oxaquim S.A • UBE Industries,Ltd • Indian Oxalate • Star Oxochem
• PCCPL • Uranus Chemicals • RICPL • Mudanjiang Hongli Chemical Co., Ltd. • GEM • Shanxi Yuanping Chemicals Co., Ltd. • Fujian Shaowu Fine Chemical Factory • Shandong Fengyuan Chemical Co., Ltd. • Shandong Fengyuan Chemical Co., Ltd. See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/chemicals Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Oxalic Acid in these regions, from 2011 to 2021 (forecast), like • North America • China • Europe • Japan • India • Southeast Asia Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into • Type I • Type II • Type III
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/oxalic-acid-market
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