세계 옥살산 시장은 2022년에 15억 달러에 이르렀고, 2023-2030년의 예측 기간 동안 CAGR 4.3%로 성장하고, 2030년에는 20억 달러에 달할 것으로 예측되고 있습니다.
지속 가능한 제조 방법에 대한 수요는 옥살산 산업의 새로운 동향입니다. 생산자는 옥살산 생산과 관련된 이산화탄소 배출량을 줄이기 위해 더 깨끗하고 유익한 제조 공정을 목표로합니다. 이 패턴은 지속 가능한 개발 원칙에 부합하며 생태 친화적인 제품을 요구하는 고객의 요구와 정부의 요구가 원동력이되었습니다.
옥살산은 많은 가정용품과 청소 제품에 포함되어 있습니다. 옥살산은 녹이나 기미, 광물의 침착을 제거하는 효과가 있기 때문에 녹 제거나 기미 제거제, 목재 클리너 등에 사용되고 있습니다. 청결과 위생을 유지하려는 세계 동향, 특히 현재 건강에 대한 우려로 인해 효과적인 세척 솔루션에 대한 필요성이 커지고 있습니다. 그 결과, 클리닝 제품에서 옥살산의 사용량은 증가의 길을 따라 시장의 확대에 박차를 가하고 있습니다.
아시아태평양은 세계 옥살산 시장의 1/3 이상을 차지하는 성장 지역 중 하나입니다. 섬유, 의약품, 야금 등 다양한 생산 공정에서 이용되는 옥살산의 요구가 이 산업 확대에 박차를 가하고 있습니다. 화학 시약과 세제로서 옥살산 수요는 이러한 분야의 발전에 따라 증가하고 있으며 시장 확대에 박차를 가하고 있습니다. 또한 중국과 인도 등 아시아태평양 국가에서는 산업화가 급속히 진행되고 있습니다.
옥살산 시장은 수술 부위 감염 증가에 대한 우려가 증가함에 따라 성장할 것으로 보입니다. 수술 부위와 수술로 손상된 조직층의 감염은 수술 부위 감염(SSIS)이라고합니다. 이 감염은 일상적인 외래 환자에서 엄청난 수술에 이르기까지 모든 수술 후 발병 할 수 있습니다. 옥살산은 항균성이 있으며 특정 세균과 곰팡이에 항균 효과를 발휘할 수 있으므로 수술 부위 감염을 예방하는 데 도움이 됩니다.
예를 들어, 미국 정부의 질병 관리 예방 센터는 2023년 1월 모든 수술 절차 카테고리와 관련된 SSI 표준화 감염률(SIR)이 전년 대략 3% 증가했다고 발표했습니다. 그 결과, 옥살산 시장은 수술 부위 감염 증가에 대한 우려 증가에 의해 견인될 것입니다.
옥살산 세계 시장은 투자 증가에 의해 크게 견인되고 있습니다. 이러한 투자에는 연구 개발, 생산 능력 증강, 옥살산 분야의 최첨단 기술 창출 등이 포함됩니다. 옥살산에는 많은 용도가 있으며, 이러한 용도를 참고 자료로 하는 기업이 늘어남에 따라, 증가하는 수요에 대응하기 위한 생산 절차에 있어서의 기술 혁신과 브레이크 스루의 필요성이 높아지고 있습니다.
연구개발에 대한 주목이 높아지면서 옥살산의 생산 품질과 효율성 향상이 시장을 견인할 것으로 예측됩니다. 옥살산 시장은 현재 투자 증가로 정의됩니다. 수요를 충족하고 시장 점유율을 유지하기 위해 옥살산을 다루는 최대 기업은 투자 강화에 주력하고 있습니다.
예를 들어 스페인에 본사를 두고 있는 옥살산 제조업체인 Oxaquim SA는 2022년 5월, 아르카니스 공장의 확장과 안드라에서의 새로운 시설 설립에 4,400만 유로(4,705만 달러)를 투자해, 연간 생산 능력을 2만 톤으로부터 2만 5,000톤으로 끌어올리겠다고 발표했습니다. 미래의 옥살산 수요는 이 성장에 의해 충족될 것으로 보입니다.
제약 업계의 지출 증가는 옥살산 시장을 앞으로 증가시킬 것으로 예상됩니다. 의약품의 개발, 제조 및 유통은 제약 사업의 권한 범위 내에 있습니다. 의약품 분야에서 옥살산은 일부 의약품과 화합물의 합성에 중간체로 사용됩니다.
벨기에에 본부를 둔 제약 업계의 업계 단체인 유럽 제약 단체 연합회(European Federation of Pharmaceutical Industries and Associations)의 보고서에 따르면, 2021년에는 유럽의 의료 부문이 제약 업계의 연구 개발(R&D)에 1,887억 유로(약 2,060억 달러)를 투자합니다. 다른 부문과 비교하면 투자 금액은 최고이며 세계 기업의 R&D 비용의 20.8%를 차지합니다.
옥살산을 사용하여 새로운 치료법을 발견하는 능력은 더 많은 자금을 투자함으로써 더욱 간단해집니다. 또한 생산성과 창의성을 높일 수 있습니다. 그러므로 옥살산 시장은 제약 산업에 대한 지출 증가에 의해 견인되고 있습니다.
옥살산 시장은 환경 문제에 의해 크게 제한됩니다. 옥살산 생산은 이산화탄소(CO2)와 같은 온실가스를 방출하고 이산화탄소 배출량이 많아 환경문제를 일으키고 있습니다. 세계의 기후 변화와 지속가능성 프로그램에 대한 관심이 높아짐에 따라 기업은 이산화탄소 배출량을 줄이고 유익한 생태학적 관행을 도입하기 위해 감시와 압력을 강화하고 있습니다.
또한 옥살산 제조업체는 보다 깨끗하고 건강한 생산 기술을 개발함으로써 이러한 환경 문제를 해결해야 합니다. 보다 건강한 프로세스로의 전환은 신기술의 개발과 더 엄격한 환경 기준 준수와 같은 추가 비용과 어려움을 수반할 수 있습니다. 이러한 요소는 옥살산의 가격과 공급에 영향을 미치며 시장 확대에 어려움을 겪을 수 있습니다.
옥살산의 독성 문제는 공중 보건에 대한 우려 물질이되고 있으며 업계의 성장을 부활시키고 있습니다. 옥살산은 위험한 것으로 나타났기 때문에 안전에 대한 우려가 점점 커지고 있습니다. 정부기관과 건강지향 소비자의 감시의 눈이 엄격함을 늘려 사용과 안전 대책을 재평가했습니다.
건강에 대한 우려가 지속되는 동안, 많은 분야에서 옥살산의 취급에 대한 보다 안전한 프로세스 및 보다 책임 있는 사용에 대한 요구가 높아지고 있습니다. 제조업체 각 회사는 보다 나은 안전 공정을 구축하는 데 중점을 두고 사용에 따라 위험이 적은 화학물질을 고려하고 있습니다. 건강 문제에 대응하는 것 외에도 안전성에 대한 관심 증가와 환경 친화적 인 선택에 대한 움직임이 옥살산 부문의 기술 혁신에 박차를 가하고 있습니다.
Global Oxalic Acid Market reached US$ 1.5 billion in 2022 and is expected to reach US$ 2.0 billion by 2030, growing with a CAGR of 4.3% during the forecast period 2023-2030.
The demand for sustainable manufacturing methods is a new trend in the oxalic acid industry. Producers are aiming for cleaner and more beneficial manufacturing processes in order to lessen the carbon footprint associated with the manufacture of oxalic acid. The pattern is in line with the principles of sustainable development and is driven by customer demand for ecologically friendly items as well as governmental requirements.
There is an important quantity of oxalic acid in many household and cleaning products. Because of its effectiveness in removing rust, stains and mineral deposits, it is used in rust removers, stain removers and wood cleaners. The need for effective cleaning solutions has increased due to the global trend towards preserving cleanliness and hygiene, particularly in reaction to current health concerns. As a result, oxalic acid usage in cleaning products keeps growing and is fueling market expansion.
Asia-Pacific is among the growing regions in the global oxalic acid market covering more than 1/3rd of the market. The need for oxalic acid, which is utilized in several production processes including those for textiles, medicines and metallurgy, is fueled by this industrial expansion. Oxalic acid demand as a chemical reagent and cleaner is rising as these sectors develop, which is fueling market expansion. In addition in countries like China and India, the Asia-Pacific is undergoing tremendous industrialization.
The market for oxalic acid will grow as a result of growing concern regarding the rise in surgical site infections. Infections at the site of a surgical incision or in the tissue layers that the surgical operation has damaged are referred to as surgical site infections (SSIS). The infections can develop following any surgical operation, from routine outpatient to major procedures. Oxalic acid contains antibacterial qualities and may have antimicrobial effects against certain bacteria and fungi, which helps prevent surgical site infections.
For instance, in January 2023, US government's Centres for Disease Control and Prevention announced that the SSI standardized infection ratio (SIR) associated with all operative procedure categories had grown by almost 3% from the year before. As a result, the market for oxalic acid will be driven by growing worries over the rise in surgical site infections.
The global market for oxalic acid is being majorly driven by rising investments. The operations included by these expenditures include R&D, production capacity growth and the creation of cutting-edge technology for the oxalic acid sector. There are many applications for oxalic acid and as more companies learn about these applications, the need for innovation and breakthroughs in production procedures to meet the growing demand grows.
Because of the increased focus on research and development, it is predicted that the market will be driven by better oxalic acid production quality and efficiency. The market for oxalic acid is now defined by rising investment. To satisfy demand and maintain their market share, the largest companies that deal in oxalic acid are concentrating on boosting investments.
For instance, Oxaquim S.A., a producer of oxalic acid with headquarters in Spain, announced in May 2022 that it would increase its annual production capacity from 20,000 to 25000 metric Tons by investing 44 million euros ($47.05 million) in the expansion of its Alcaniz factory and the creation of a new facility in Andorra. Future oxalic acid demand will be satisfied with this growth.
The pharmaceutical industry's increasing expenditure is expected to increase the oxalic acid market going forward. The development, manufacturing and distribution of medicinal products are within the authority of the pharmaceutical business. In the pharmaceutical sector, oxalic acid is used as an intermediary in the synthesis of several medications and compounds.
According to a report from the European Federation of Pharmaceutical Industries and Associations, a trade association for the pharmaceutical industry based in Belgium, the European health sectors will invest €188.7 billion or US$206 billion, in research and development (R&D) in the pharmaceutical industry in 2021. It was the leading industry in terms of investment when compared to the other sectors, which constituted 20.8% of all company R&D spending world.
The ability to use oxalic acid to discover new treatments is made simpler by investing more money. It may also enhance productivity and creativity. Therefore, the oxalic acid market is being driven by the rising expenditure on the pharmaceutical industry.
Oxalic acid's market is severely limited by environmental concerns. The production of oxalic acid creates issues with the environment since it has a high carbon footprint and releases greenhouse gases like carbon dioxide (CO2). As the spotlight on global climate change and sustainability programs increases, businesses are coming under increased scrutiny and pressure to cut their carbon emissions and embrace beneficial ecological practices.
Additionally, manufacturers of oxalic acid must thus address these environmental issues by creating cleaner and more healthy production techniques. Transitioning to healthier processes could come with extra expenses and difficulties, such as the creation of new technology and adherence to tougher environmental standards. The elements may have an effect on the price and supply of oxalic acid, thereby providing difficulties for market expansion.
Oxalic acid toxicity issues are becoming a growing source of public health concerns, which is reviving industry growth. Oxalic acid has been shown to be dangerous therefore concerns about its safety have acquired relevance increasingly. Due to growing scrutiny from government agencies and health-conscious consumers, its use and safety precautions have been reevaluated.
The demand for safer processes for handling and more responsible usage of oxalic acid across numerous sectors is rising as health concerns persist. Manufacturers are putting more of an emphasis on creating better safety processes and looking into less hazardous chemicals for some uses. In addition to addressing health issues, this increased focus on safety and a move towards more ecologically friendly options are spurring innovation in the oxalic acid sector.
The global oxalic acid market is segmented based on product, grade, application, end-user and region.
Pharmaceuticals segment is among the growing regions in the global oxalic acid market covering more than 1/3rd of the market. Oxalic acid producers now have a booming market because of the global expansion of the pharmaceutical and healthcare industries. Drugs like borneol, tetracycline and antibiotics are produced by the pharmaceutical industry using oxalic acid. Oxalic acid is an additional component used in tooth-whitening preparations.
According to the IFPMA, global biopharmaceutical companies will invest US$US 182 billion in 2021, which is the greatest amount ever and that amount will rise at a CAGR of 4.2% during the ensuing five years. As a result, the oxalic acid market will see burgeoning opportunities due to the pharmaceutical industries' increasing adoption of research and development.
The rising use of antibiotics is one of oxalic acid's key benefits. Oxalic acid is also used to deproteinize and dechelate medications, as well as to inhibit the growth of naturally occurring microbes. The market for oxalic acid is therefore anticipated to have considerable growth in the pharmaceutical application segment during the forecast period, taking into account the aforementioned aspects.
Asia-Pacific has been a dominant force in the global oxalic acid market and increased demand for oxalic acid from the pharmaceutical industry across Asia, including India, China and Japan. Asia-Pacific has been a prominent force in the globally oxalic acid market. The majority of the oxalic acid used in Asia-Pacific is consumed by China, one of the top manufacturers in the world.
The India Brand Equity Foundation projects that by 2022, the Indian healthcare industry will be valued at $US 372 billion. The main factors driving this expansion include growing income levels, more health awareness, an increase in the prevalence of lifestyle illnesses and easier access to insurance.
Oxalic acid is also used in the manufacturing of salts, esters, fine chemicals, industrial chemicals, catalysts phenol resin and other chemicals. Oxalic acid is in high demand in Asia-Pacific nations as a result of increased investment in the chemical manufacturing industry.
Furthermore. After spending US$US 8 billion on the region, the Chinese government plans to use Xinjiang as a center for the production of clothing and textiles. The northwest of China is projected to take control as the country's major textile production base by 2030. The is yet another factor contributing to the booming oxalic acid business in the region.
The global market for oxalic acid was significantly impacted by the COVID-19 pandemic lockdowns and interruptions in production and logistics caused by the virus's global spread posed problems for the supply chain. Oxalic acid manufacturing and delivery were hampered, which had an effect on the industries that used the chemical.
Reduced demand from certain industries was another effect of the economic crisis brought on by the epidemic, which further impacted the market. Additionally, the pandemic had various effects on different oxalic acid market categories. Demand for cleaning solutions containing oxalic acid developed as a result of the increased focus on hygiene and disinfection to stop the virus' transmission.
The market therefore saw a spike in demand from the cleaning and sanitation industry. Oppositely, oxalic acid use in industries like textiles and pharmaceuticals, which are major consumers, fell as a result of supply chain disruptions and economic volatility. The pandemic also made supply chain resilience and diversity more apparent.
In addition, businesses in the oxalic acid industry started looking for alternate sources and suppliers to reduce future interruptions, concentrating on maintaining a consistent supply of this essential ingredient. While COVID-19's immediate effects posed difficulties, they also gave the industry the opportunity to improve its supply chain strategy for better resilience in the face of future shocks.
The war between Russia and Ukraine has had a substantial effect on the oxalic acid market. Ukraine is one of the main producers of oxalic acid and the instability brought on by the ongoing conflict has hampered supply chains and increased market volatility. Oxalic acid, which is utilized in several sectors, including medicines, textiles and metal-cleaning procedures, has raised worries about probable shortages and rising prices.
Businesses that depend on a consistent supply of oxalic acid have thus had to adjust to the difficulties presented by the geopolitical tensions in the area, including looking for alternate suppliers and changing their procurement practices. The war between Russia and Ukraine has also highlighted the larger effects of geopolitical crises on the world supply chains for chemicals like oxalic acid.
That serves as a reminder of the need for supply chain resilience and diversity as firms explore methods to lessen their reliance on certain locations that are impacted by geopolitical upheaval. Stakeholders in the global oxalic acid market will continue to keep an eye on developments as the situation changes and will modify their plans as necessary to deal with the difficulties these geopolitical dynamics provide.
The major global players in the market include: Mudanjiang Fengda Chemical Co., Ltd., Oxaquim, Merck KGaA, UBE Industries Ltd., Clariant International Limited, Indian Oxalate Limited, Spectrum Chemical Manufacturing Corp., PENTA s.r.o, Honeywell International Inc. and Sigma-Aldrich.
The global oxalic acid market report would provide approximately 69 tables, 76 figures and 201 Pages.
LIST NOT EXHAUSTIVE