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    Glyoxal Market | Covid-19 Impact Analysis

    Glyoxal Market | Covid-19 Impact Analysis

    Glyoxal Market | Covid-19 Impact Analysis
    Report code - SRAM465 Delivery - 2 Weeks
    Glyoxal Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-2025
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    Impact of COVID-19 on Glyoxal Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Glyoxal Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Glyoxal Market Insights

    Glyoxal Market is likely to witness healthy CAGR of 4.1% during the forecast period. Increasing demand from various end-use industries, development of new coating applications, versatile properties and development of innovative applications such as bioplastics, are the key driving forces fueling the market for glyoxal.

    Glyoxal Market – Snapshot

    Growth

    4.1% for the next five years

    Major Application Type

    Crosslinking

    Dominant End-Use Industry Type

    Textile

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, Dow Chemical Co., Eastman Chemical, Haihang Group, Merck KGaA, Reliance Industries, Silver Fern Chemicals Inc., SINOPEC,  WeylChem International GmbH and Zhonglan Industry Co. Ltd.

     

    Market Share Analysis

    Glyoxal-Market-Dominant-Segments

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    Glyoxal Market Share: By Application Type

    Based on the application type, the market is segmented as crosslinking, intermediates, and others. The crosslinking segment dominated the market in 2019, and is expected to remain dominant during the forecast period. It is widely used as crosslinking agent in paper, textile, leather and cosmetics industries.  As an intermediate, glycol serves for agrochemicals, antibiotics in pharmaceuticals, allantoin and complexing agents, etc.

    Glyoxal Market Share: By End-Use Industry Type

    Based on the end-use industry type, the glyoxal market is segmented as derivatives, leather, oil & gas, paper, personal care, textile, and others. Textile and paper are the established markets for glyoxal. It enables softer and less wrinkled textiles and is used as the main agent for finishing clothing, 2D resin, and M2D resin. It also has a good level of acceptance in paper coating applications, it acts as an additive to enhance the quality of premium paper by decreasing the water uptake of the paper. Another important driving factor for consideration is its sustainability which has led to its listing as an accredited chemical substance in the production of paper for food packaging by the Federal Institute for Risk Assessment (BfR) in Germany and by the Food and Drug Administration (FDA) in the U.S.

    Glyoxal Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing glyoxal market during the forecast period. Increasing disposable income and growing population are leading to the mounting demand for textiles, paper, and chemicals, which is giving an impetus to the growth of the market in the Asia-Pacific region, with China and India being the major growth engines, offering promising growth opportunities during the forecast period.  North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Glyoxal-Market-By-Region

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    Some of the major glyoxal market participants include-

    • BASF SE
    • Dow Chemical Co.
    • Eastman Chemical
    • Haihang Group
    • Merck KGaA
    • Reliance Industries
    • Silver Fern Chemicals Inc.
    • SINOPEC
    • WeylChem International GmbH
    • Zhonglan Industry Co. Ltd.

     

    Market Scope & Segmentation

    Glyoxal: Glyoxal, the smallest dialdehyde is a highly reactive chemical compound with chemical formula OCHCHO.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Glyoxal Market Research Report – Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    14

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The glyoxal market is segmented into the following categories. 

    Glyoxal Market Size, Share, & Forecast, by Application Type:

    • Crosslinking (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Intermediates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Glyoxal Market Size, Share, & Forecast, by End-Use Industry Type:

    • Derivatives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Leather (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Paper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cosmetic/Personal Care (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Textile (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Glyoxal Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, The Middle East, and Others)

    Glyoxal-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the application types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Glyoxal Market in the foreseeable future?

    The glyoxal market is expected to witness an impressive growth of 4.1% CAGR in the foreseeable future.

    Who are the key players in the Glyoxal Market?

    BASF SE, Dow Chemical Co., Eastman Chemical, Haihang Group, Merck KGaA, Reliance Industries, Silver Fern Chemicals Inc., SINOPEC, and WeylChem International GmbH, Zhonglan Industry Co. Ltd are among the key players in the glyoxal market.

    Which country/region is expected to be the largest Glyoxal Market?

    Asia-pacific is expected to be the largest glyoxal market during the next five years.

    Which application type is expected to remain dominant in the Glyoxal Market?

    The crosslinking segment is expected to remain dominant in the glyoxal market in the coming years.

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