Product Code: ETC13143437 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Oxalic acid Market was valued at USD 0.7 Billion in 2024 and is expected to reach USD 1 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).
The global oxalic acid market is witnessing steady growth due to increasing demand from various end-use industries such as pharmaceuticals, electronics, and agriculture. Oxalic acid is primarily used as a reducing agent in various chemical processes and as a cleaning agent for metal surfaces. The market is driven by the growing industrialization in emerging economies, technological advancements in production processes, and the rising adoption of oxalic acid in various applications. Additionally, the expanding pharmaceutical and electronics industries are expected to further boost market growth. However, stringent regulations regarding the use and disposal of oxalic acid may pose a challenge to market expansion. Overall, the global oxalic acid market is poised for growth in the coming years, with key players focusing on product innovation and strategic partnerships to gain a competitive edge.
The Global Oxalic Acid Market is witnessing steady growth driven by its diverse applications across various industries such as pharmaceuticals, agriculture, and water treatment. With the increasing demand for oxalic acid in metal cleaning and textile industries, the market is expected to expand further. Additionally, the rising awareness about the environmentally friendly properties of oxalic acid is creating opportunities for its use as a bio-based alternative in various applications. The market is also benefiting from the growing research and development activities focused on enhancing the production process and exploring new applications for oxalic acid. Overall, the Global Oxalic Acid Market is poised for growth and innovation, presenting opportunities for market players to capitalize on the increasing demand and expanding applications of this versatile chemical compound.
The Global Oxalic acid market faces several challenges, including fluctuating raw material prices, regulatory hurdles, and competition from alternative products. The volatility in raw material prices, particularly ethylene glycol and calcium carbonate, can impact the production cost and profitability for oxalic acid manufacturers. Additionally, stringent regulations regarding environmental concerns and product safety present obstacles for market growth. The availability of substitutes such as citric acid and tartaric acid also poses a challenge in terms of market share and pricing competition. To navigate these challenges, companies in the oxalic acid market must focus on innovation, sustainable sourcing practices, and strategic partnerships to remain competitive in the global marketplace.
The global oxalic acid market is primarily driven by the increasing demand for the chemical in various end-use industries such as pharmaceuticals, agriculture, and textile. Oxalic acid is widely used as a bleaching agent in textile and leather industries, as a reducing agent in pharmaceuticals, and as a cleaning agent in various industrial applications. Additionally, the growing awareness regarding the benefits of oxalic acid in water treatment processes and its eco-friendly nature has further boosted its demand. Moreover, the expanding applications of oxalic acid in metal cleaning, rust removal, and as a primary ingredient in certain chemical processes are expected to drive the market growth in the coming years. The market is also influenced by factors such as technological advancements, increasing investments in research and development activities, and the rising trend of sustainable and green chemicals.
Government policies related to the global oxalic acid market primarily focus on regulating its production, distribution, and usage to ensure safety, environmental sustainability, and fair trade practices. These policies include restrictions on the use of oxalic acid in certain applications due to its toxic nature, guidelines on proper handling and disposal to minimize environmental impact, and quality standards to maintain product consistency and consumer safety. Additionally, governments may impose tariffs or trade barriers to protect domestic oxalic acid producers from unfair competition or to address market distortions. Overall, government policies aim to strike a balance between promoting industry growth and innovation while safeguarding public health and the environment in the global oxalic acid market.
The global oxalic acid market is expected to witness steady growth in the coming years, driven by increasing demand from various end-use industries such as pharmaceuticals, textiles, and electronics. Factors such as the rising adoption of environmentally friendly chemicals and the expanding applications of oxalic acid in metal cleaning, water treatment, and rust removal are expected to further propel market growth. Additionally, the growing emphasis on sustainable practices and the increasing investments in research and development activities to enhance product quality and efficiency are likely to create lucrative opportunities for market players. However, challenges such as fluctuating raw material prices and environmental regulations regarding the use of oxalic acid may hinder market growth to some extent. Overall, the global oxalic acid market is anticipated to expand at a moderate pace in the foreseeable future.
In the global oxalic acid market, Asia Pacific holds a significant share due to the presence of major manufacturers in countries like China and India, where oxalic acid is widely used in various industries such as pharmaceuticals, textiles, and electronics. North America and Europe also have a considerable market share, driven by the increasing demand for oxalic acid in applications like wastewater treatment and agriculture. In the Middle East and Africa region, the market is growing steadily due to the rising investments in industrial infrastructure projects. Latin America is witnessing a moderate growth in the oxalic acid market, primarily fueled by the expanding textile and agriculture sectors. Overall, the global oxalic acid market is expected to continue its growth trajectory across all regions, driven by its versatile applications in various industries.
Global Oxalic acid Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Oxalic acid Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Oxalic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Global Oxalic acid Market - Industry Life Cycle |
3.4 Global Oxalic acid Market - Porter's Five Forces |
3.5 Global Oxalic acid Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Oxalic acid Market Revenues & Volume Share, By Product Grade, 2021 & 2031F |
3.7 Global Oxalic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Oxalic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Oxalic acid Market Trends |
6 Global Oxalic acid Market, 2021 - 2031 |
6.1 Global Oxalic acid Market, Revenues & Volume, By Product Grade, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Oxalic acid Market, Revenues & Volume, By Dihydrate, 2021 - 2031 |
6.1.3 Global Oxalic acid Market, Revenues & Volume, By Anhydrous, 2021 - 2031 |
6.1.4 Global Oxalic acid Market, Revenues & Volume, By Solution, 2021 - 2031 |
6.2 Global Oxalic acid Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Oxalic acid Market, Revenues & Volume, By Pharmaceutical, 2021 - 2031 |
6.2.3 Global Oxalic acid Market, Revenues & Volume, By Rare Earth Sampling, 2021 - 2031 |
6.2.4 Global Oxalic acid Market, Revenues & Volume, By Metal Processing, 2021 - 2031 |
6.2.5 Global Oxalic acid Market, Revenues & Volume, By Agriculture, 2021 - 2031 |
6.2.6 Global Oxalic acid Market, Revenues & Volume, By Chemicals, 2021 - 2031 |
6.2.7 Global Oxalic acid Market, Revenues & Volume, By Textile & leather, 2021 - 2031 |
6.2.8 Global Oxalic acid Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Oxalic acid Market, Overview & Analysis |
7.1 North America Oxalic acid Market Revenues & Volume, 2021 - 2031 |
7.2 North America Oxalic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Oxalic acid Market, Revenues & Volume, By Product Grade, 2021 - 2031 |
7.4 North America Oxalic acid Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Oxalic acid Market, Overview & Analysis |
8.1 Latin America (LATAM) Oxalic acid Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Oxalic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Oxalic acid Market, Revenues & Volume, By Product Grade, 2021 - 2031 |
8.4 Latin America (LATAM) Oxalic acid Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Oxalic acid Market, Overview & Analysis |
9.1 Asia Oxalic acid Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Oxalic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Oxalic acid Market, Revenues & Volume, By Product Grade, 2021 - 2031 |
9.4 Asia Oxalic acid Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Oxalic acid Market, Overview & Analysis |
10.1 Africa Oxalic acid Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Oxalic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Oxalic acid Market, Revenues & Volume, By Product Grade, 2021 - 2031 |
10.4 Africa Oxalic acid Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Oxalic acid Market, Overview & Analysis |
11.1 Europe Oxalic acid Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Oxalic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Oxalic acid Market, Revenues & Volume, By Product Grade, 2021 - 2031 |
11.4 Europe Oxalic acid Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Oxalic acid Market, Overview & Analysis |
12.1 Middle East Oxalic acid Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Oxalic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Oxalic acid Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Oxalic acid Market, Revenues & Volume, By Product Grade, 2021 - 2031 |
12.4 Middle East Oxalic acid Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Oxalic acid Market Key Performance Indicators |
14 Global Oxalic acid Market - Export/Import By Countries Assessment |
15 Global Oxalic acid Market - Opportunity Assessment |
15.1 Global Oxalic acid Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Oxalic acid Market Opportunity Assessment, By Product Grade, 2021 & 2031F |
15.3 Global Oxalic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Oxalic acid Market - Competitive Landscape |
16.1 Global Oxalic acid Market Revenue Share, By Companies, 2024 |
16.2 Global Oxalic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |