At 8.87% CAGR, Glucaric Acid Market Size to Hit US$ 1,482 Million in 2027, Says IMARC Group
IMARC Group has recently released a new research study titled " Glucaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027 ", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. Year considered to estimate the market size: • Base year of the analysis: 2021 • Historical period: 2016-2021 • Forecast period: 2022-2027 The global glucaric acid market size reached US$ 886 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,482 Million by 2027, exhibiting a growth rate (CAGR) of 8.87% during 2022-2027. Insights Surrounding the Glucaric Acid Market: Glucaric acid, or polyhydroxy dicarboxylic acid, refers to a naturally occurring aldaric acid obtained by oxidizing polysaccharides, or glucose, with nitric acid. It has the chemical formula C 6 H 10 O 8 and is usually used in the manufactu...