Get In Touch

Glyoxal is an organic compound that belongs to the aldehyde group, with IUPAC name Oxaldehyde. It is yellow in color and available in liquid form at normal temperature. Upon evaporation, glyoxal appears as a green colored gas. Glyoxal, also known as dialdehyde, is derived from ethylene glycol. The structure of glyoxal is as complex as the molecules of compound hydrates and oligomerizes.

Based upon product type, the glyoxal market can be segmented into pharmaceutical grade and industrial grade. Pharmaceutical grade glyoxal is primarily used as a precursor in the manufacture of a large number of chemical products. Industrial grade glyoxal is used in textile, leather, oil & gas, cosmetics, and other industries as a raw material. Demand for industrial grade glyoxal is higher. It is expected to increase at a faster pace during the forecast period. Rise in demand of glyoxalin various industries such as cosmetics and personal care is projected to boost the glyoxal market. Increase in disposable income and growth in healthier lifestyle of people are anticipated to propel the demand for glyoxal across the globe.

Based on application, the glyoxal market can be segmented into textiles, leather, oil & gas, cosmetics, paper & packaging, and others. The oil & gas segment is anticipated to account for major share of the glyoxal market in terms of demand. Glyoxal acts as a cross-linker and increases the viscosity of the fracturing fluid to release oil. As a result, it is primarily used for oil recovery. Rise in demand for oil & gas across the globe is anticipated to boost the demand for glyoxal. Increase in oil refining activities in North America is estimated to positively influence the oil & gas segment. Demand for glyoxal is moderate in the paper packaging industry due to its moisture retention property. Demand for packaged foods has been rising, as they are portion-controlled, time-saving, and available in suitable packaging with freeze or defrost stability. Increase in technological developments in the packaging industry is expected to widen the range of suitability of food products that include frozen, chilled, shelf-stable, microwavable, and prepared mixes. Other industries such as cosmetics, leather, textiles, and personal care are projected to expand at a steady rate during the forecast period which is likely to increase in demand for glyoxal market.

Asia Pacific accounted for the major share of the glyoxal market across the globe. Rise in demand for textile and leather products is projected to boost the market for glyoxal in Asia Pacific in the near future. Demand for glyoxal is increasing in cosmetics and personal care industries. This is predicted to boost the market in the region. North America and Europe also held key shares of the market in 2016. Increase in oil & gas exploration activities and strong demand from the packaged food industry in North America and Europe are likely to drive the demand for glyoxal in these regions. Middle East & Africa and Latin America constituted lower shares of the market in 2016; however, their shares are anticipated to rise significantly in the near future.

Key manufacturers operating in the global glyoxal market include BASF SE, Celanese Corp., Eastman Chemical Company, Jubliant Life Sciences Ltd., The Dow Chemical Company, Zhonglan Industry Co. Ltd. and Amazole India Pvt. Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Glyoxal Market

Pre Book