Global Glyoxylic Acid Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Glyoxylic acid or oxoacetic acid is an organic compound that is both an aldehyde and a carboxylic acid. Glyoxylic acid is a liquid and is an intermediate of the glyoxylate cycle, which enables certain organisms to convert fatty acids into carbohydrates.
According to our (Global Info Research) latest study, the global Glyoxylic Acid market size was valued at USD 174.8 million in 2022 and is forecast to a readjusted size of USD 134.9 million by 2029 with a CAGR of -3.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Glyoxylic Acid key players include Hubei Hongyuan, Zhonglan Industry, Akema, etc. Global top three manufacturers hold a share over 45%.
China is the largest production area, with a share about 85%, followed by Europ, both have a share over 10 percent. 
In terms of product, Glyoxylic Acid 50% is the largest segment, with a share over 50%. And in terms of application, the largest application is Aromas, followed by Pharmaceutical Industry, etc.
This report is a detailed and comprehensive analysis for global Glyoxylic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Glyoxylic Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/Ton), 2018-2029
Global Glyoxylic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/Ton), 2018-2029
Global Glyoxylic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/Ton), 2018-2029
Global Glyoxylic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Glyoxylic Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Glyoxylic Acid market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Akema, Weylchem, Hubei Hongyuan, Zhonglan Industry and Zhonghua Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Glyoxylic Acid market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Glyoxylic Acid 50%
    Glyoxylic Acid 40%
Market segment by Application
    Aromas
    Pharmaceutical
Major players covered
    Akema
    Weylchem
    Hubei Hongyuan
    Zhonglan Industry
    Zhonghua Chemical
    Yuandong Chem
    Hubei Shunhui Bio-Technology
    Guangdong Hongyuan New Material
    Yongfei Chem
    Shijiazhuang Haosheng Chemical
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glyoxylic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Glyoxylic Acid, with price, sales, revenue and global market share of Glyoxylic Acid from 2018 to 2023.
Chapter 3, the Glyoxylic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glyoxylic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Glyoxylic Acid market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Glyoxylic Acid.
Chapter 14 and 15, to describe Glyoxylic Acid sales channel, distributors, customers, research findings and conclusion.