Germany Oxalic Acid Market Size, Share, and COVID-19 Impact Analysis, By Application (Bleaching/Cleaning, Pharmaceuticals, Water Treatment, Textile Dyeing, and Metal Leaching), and Germany Oxalic Acid Market Insights, Industry Trend, Forecasts to 2035
Industry: Chemicals & MaterialsGermany Oxalic Acid Market Insights Forecasts to 2035
- The Germany Oxalic Acid Market Size Was Estimated at USD 20.54 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 6.22% from 2025 to 2035
- The Germany Oxalic Acid Market Size is Expected to Reach USD 39.87 Million by 2035
Get more details on this report -
According to a Research Report Published by Spherical Insights & Consulting, The Germany Oxalic Acid Market is anticipated to Reach USD 39.87 Million by 2035, Growing at a CAGR of 6.22%from 2025 to 2035. This area expanding populations and rising disposable incomes have increased the demand for textiles and apparel, which in turn has increased the need for chemicals like oxalic acid in manufacturing operations.
Market Overview
The oxalic acid market centers on the manufacture and utilization of oxalic acid, a dicarboxylic acid used across various industries including the pharmaceutical, textile, metal cleaning, and chemical industries. Owing to its good chelation properties, oxalic acid is often used to remove rust, bleach wood, and purify rare metals. Key advantages of oxalic acid include its efficacy as a cleaning agent, its eco-friendly property, and its usefulness in organic synthesis. The increased demand is driven by an increase in industrial cleaning, processing of rare earth elements, and the manufacture of pharmaceuticals. The increase in the acceptance of environmentally safe chemicals also propels increased use of oxalic acid. Governments are also pushing for sustainable chemicals production through national policies supporting green manufacturing, tax incentives, and funding for environmentally friendly research, which adds to the growth potential in the oxalic acid market.
Report Coverage
This research report categorizes the market for Germany oxalic acid market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany oxalic acid market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment Germany oxalic acid market.
Germany Oxalic Acid Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 20.54 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 6.22% |
2035 Value Projection: | USD 39.87 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 145 |
Tables, Charts & Figures: | 130 |
Segments covered: | By Application and COVID-19 Impact Analysis |
Companies covered:: | TIB Chemicals AG, BASF, Evonik Industries, LANXESS, Merck KGaA, CG Chemikalien GmbH & Co. KG, Klaus F. Meyer, BIOZOL Diagnostica Vertrieb, VMP Chemiekontor, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
Rising demand from various industries, such as pharmaceutical companies, textiles, and metal cleaning, resulting from the strong chelation and cleaning properties of oxalic acid, is driving the oxalic acid market. The increased use of oxalic acid in rare earth element processing combined with its usage of as a bleaching agent in the textile and wooden industries adds to the overall market growth. An increase in awareness of biodegradable and eco-friendly chemicals also plays an important role in oxalic acid consumption. Other factors that support growth in the oxalic acid market include improvements in organic synthesis, along with new applications in developing economies.
Restraining Factors
The oxalic acid market confronts restricting factors: increased regulations on chemicals imposed by specific economic, environmental and/or sustainability organizations because it can be toxic. Costs of production can also be affected by fluctuations in raw material prices and availability.
Market Segmentation
The Germany oxalic acid market share is classified into application.
- The bleaching/cleaning segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Germany oxalic acid market is segmented by application into bleaching/cleaning, pharmaceuticals, water treatment, textile dyeing, and metal leaching. Among these, the bleaching/cleaning segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Its ability to dissolve organic stains and remove mineral deposits and rust, oxalic acid is used extensively in both industrial and domestic cleaning applications. The demand for products containing oxalic acid has increased as a result of growing consumer awareness of the advantages of using less hazardous, safer cleaning agents.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany oxalic acid market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- TIB Chemicals AG
- BASF
- Evonik Industries
- LANXESS
- Merck KGaA
- CG Chemikalien GmbH & Co. KG
- Klaus F. Meyer
- BIOZOL Diagnostica Vertrieb
- VMP Chemiekontor
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Germany, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Germany oxalic acid market based on the below-mentioned segments:
Germany Oxalic Acid Market, By Application
- Bleaching/Cleaning
- Pharmaceuticals
- Water Treatment
- Textile Dyeing
- Metal Leaching
Frequently Asked Questions (FAQ)
-
Q.1: What is the market size of the Germany Oxalic Acid Market in 2024?A: The Germany Oxalic Acid Market size was estimated USD 20.54 Million in 2024.
-
Q.2: What is the forecasted CAGR of the Germany Oxalic Acid Market from 2024 to 2035?A: The market is expected to grow at a CAGR of around 6.22% during the period 2024–2030.
-
Q.3: Who are the top 10 companies operating in the Germany Oxalic Acid Market?A: Key players include TIB Chemicals AG, BASF, Evonik Industries, LANXESS, Merck KGaA, CG Chemikalien GmbH & Co. KG, Klaus F. Meyer, BIOZOL Diagnostica Vertrieb, VMP Chemiekontor, and Others.
-
Q.4: What are the main drivers of growth in the Germany Oxalic Acid Market?A: Rising demand from various industries, such as pharmaceutical companies, textiles, and metal cleaning, resulting from the strong chelation and cleaning properties of oxalic acid, is driving the oxalic acid market.
-
Q.5: What is the main restraining of growth in the Germany Oxalic Acid Market?A: The oxalic acid market confronts restricting factors: increased regulations on chemicals imposed by specific economic, environmental and/or sustainability organizations because it can be toxic.
Need help to buy this report?