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Glyoxal Market Rising Trends and Technology Advancement 2017 To 2023
Glyoxal Market Rising Trends and Technology Advancement 2017 To 2023
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Regional Analysis:
Asia Pacific is the leading market across the globe due to the increased usage of cross linking
polymers in the textile industry and growing population. Many countries in this region are adopting a
capitalistic ideology and balancing it with democracy. Additionally, paper packaging is replacing the
usage of polymeric food packaging due to the environmental concerns. This region holds a major
share of the global market and it is anticipated to grow at a higher CAGR due to the rising middle-
class population. This middle-class population focuses more on improving their lifestyle by spending
on food packaging, textiles, and oil & gas industries end products.
Increasing oil consumption in North America to meet the requirements of energy in various sectors
has consequently opened up the market for petroleum secondary consumer products such as
Glyoxal which is used as a sulfur scavenging agent in the oil & gas industry. Due to the high human
development index of North American countries, the industries are expecting a focus on textiles,
cosmetics, and food packaging, which are required to enhance the living standards of the people.
Recent shale gas discovery in North America has thus increased the Global Glyoxal Market and
simultaneously resolved the issue of raw material imports. They can facilitate their own raw materials
without importing them from other countries.
In European countries like the UK, Spain, Italy, and other countries, changing the lifestyle of people
and increasing the standard of living had also driven the demand for Glyoxal Market in these
developed countries. As Glyoxal is used for the decreasing intake of water in crosslinking cellulose
and also as an anti-wrinkling agent for the textiles, it is anticipated to boost the growth of this region.
Therefore, there is a chance for the textile industry to grow at a higher CAGR over the forecast
period.
In the Middle East region, countries like the U.A.E, and Saudi Arabia has positioned themselves as a
travel & tourism industry center. Additionally, there are new proposed construction projects in the
forecast period. It is anticipated that as there is growing demand for Glyoxal in this region, setting up
new capacities in the forecast period will ensure growth of Glyoxal Market in this region.
After the 2009 recession crisis, Latin American countries are picking up the market trend slowly. As a
consequence of the crisis, domestic prices continue to rise up in this region. People will be looking
for economic stability and also consumer spending will be least expected in the forecast period.
Segmentation:
The Global Glyoxal Market is segmented on the basis of application, end use industry and region.
Based on the application, the market is segmented into paper, cross-linking polymer, sulfur
scavenger, wood hardening, and others. On the basis of the end use industry, the Global Glyoxal
Market is segmented into oil & gas, paper packaging, leather, textiles, cosmetics, furniture, and
others. Based on the region, the market is segmented into Asia Pacific, North America, Europe, Latin
America, and the Middle East & Africa.
Key Players:
Some of the prominent players in the Global Glyoxal Market are BASF SE (Germany), Silver Fern
Chemical Inc. (The U.S.), Eastman Chemical Company (The U.S.), The Dow Chemical Company
(The U.S.), Huntsman Corporation (The U.S.), Formosa Plastics Corporation (Taiwan), Royal Dutch
Shell plc (The Netherlands), Amzole India Private Limited (India), Hubei Hongyuan Pharmaceutical
Technology Co., Ltd (China), Zhonglan Industry Co., Ltd (China), and among others.
Intended Audience
Contents: Contents
Table of Contents:
1 Executive Summary
4 Market Landscape
5.1 Introduction
6 Market Trends
6.1 Introduction
7.1 Introduction
7.2 Paper
7.6 Others
8.1 Introduction
8.4 Leather
8.5 Textiles
8.7 Furniture
8.8 Others
9.1 Introduction
9.2.4 US
9.2.5 Canada
9.2.6 Mexico
9.3 Europe
9.3.4 Germany
9.3.5. France
9.3.6 Italy
9.3.7 UK
9.4.5 China
9.4.6 India
9.4.7 Japan
9.5.5 Qatar
9.5.7 GCC
9.6.4 Brazil
9.6.4.1 Market Estimates & Forecast, 2017-2023
9.6.5 Argentina
11.1 BASF SE
12 Conclusion
List of Tables:
Table12 Middle East & Africa Glyoxal by Application Market: By Country, 2016-2023
Table15 North America Glyoxal by End Use Industry Market: By Country, 2016-2023
Table18 Middle East & Africa Glyoxal by End Use Industry Market: By Country, 2016-2023
Table19 Latin America Glyoxal by End Use Industry Market: By Country, 2016-2023
List Of Figures:
FIGURE 11 Share of Global Glyoxal Market by End Use Industry, 2016 to 2023