A recent report published by Infinium Global Research on the glyoxal market provides an in-depth analysis of segments and sub-segments in the global as well as regional glyoxal market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional glyoxal market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global glyoxal market. According to the report, the global glyoxal market is projected to grow at a CAGR of 4.2% over the forecast period of 2019-2025.
Glyoxal is a crystalline solid organic compound which is the smallest dialdehyde. Glyoxal is an important intermediate for various chemical applications. It links a wide range of polymers. Glyoxal is appropriate for food packaging. The key players in the global glyoxal market are focusing on strategies such as mergers, acquisitions, and new product launches to maximize their market share. Companies are investing in research and development to encourage innovation in the glyoxal market.
Glyoxal acts as a cross-linker and improves the viscosity of fracturing fluid that releases oil. The rising demand for oil and gas drives the growth of the glyoxal market. Glyoxal is used as an intermediate in pharmaceutical, agriculture, and chemical industries to derive various organic molecules. The growing demand for glyoxal from the textile industry stimulates the growth of the glyoxal market. Glyoxal is useful in the production of soft and wrinkle textiles and boosts efficient production. Glyoxal is helpful in coating and protecting furniture from moisture. The rising urbanization and rising disposable income of individuals enhance the lifestyle standards of the urban population. Glyoxal is used in different applications that define the standard of living and contribute to the growth of the glyoxal market. Use of glyoxal as an alternative to formaldehyde in immunostaining and super-resolution microscopy fuels the growth of the glyoxal market. The rising demand for glyoxal as a disinfectant in veterinary hygiene and the health industry stimulates the growth of the glyoxal market. On the flip side, less demand for glyoxal from the paper packaging industry due to its moisture retention properties restraints the growth of the glyoxal market. Moreover, technological advancement and several innovative solutions create numerous opportunities for the growth of the glyoxal market.
Based on geography, the global glyoxal market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific is expected to have a dominant share in the global glyoxal market. The increasing demand for textiles and leather products in the Asia-Pacific region drives the growth of the glyoxal market in Asia-Pacific. North America is anticipated to grow in the global glyoxal market with a significant CAGR over the forecast period. The rising demand for glyoxal in food packaging in North America contributes to the growth of the glyoxal market in North America. Europe is growing in the global glyoxal market. The changing lifestyle of individuals and a rising standard of living in Europe propel the growth of the glyoxal market in Europe.
The report on the global glyoxal market covers segments such as application and end-use industry. On the basis of application, the sub-markets include cross-linking, and intermediate. On the basis of end-use industry, the sub-markets include textiles, leather, oil & gas, cosmetics, paper & packaging, and other applications.
The report provides profiles of the companies in the market such as Celanese Corp., BASF SE, Eastman Chemical Company, The Dow Chemical Company, Jubliant Life Sciences Ltd., Zhonglan Industry Co. Ltd., Amzole India Pvt. Ltd., Merck KGaA, Thermo Fisher Scientific Inc., WeylChem International GmbH, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of glyoxal market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Get free analyst support for the queries before and post purchasing report.
Be assured of 100% customer satisfaction about the research and get 24X7 customer support.
Infinium has achieved over 400%+ growth in its repository and revenue over the last 2 years. Yes, we are proud to say we are growing at a great pace and becoming a trusted partner among our clients.
sign up for our newsletter
Infinium Global Research © 2019 All Rights Reserved