Comprehensive Analysis of the Oxalic Acid Market: Size Evaluation and Emerging Industry Trends from 2025 to 2035
Overview:
The global oxalic acid market is poised for steady expansion in the coming years. The market size is anticipated to reach USD 1.0 billion in 2025, demonstrating sustained demand across key sectors. A compound annual growth rate (CAGR) of approximately 4.9% is expected, driving the market to a projected value of USD 1.7 billion by 2035. This growth is underpinned by the broad application of oxalic acid in industries such as metal cleaning, rare earth processing, and pharmaceuticals.
The increasing demand for oxalic acid in metal treatment processes, driven by stringent environmental regulations and the need for efficient cleaning solutions, is a primary growth driver. The reagent’s role in rare earth processing, particularly in the extraction and purification of rare earth elements, is also contributing significantly to market expansion.
Geographically, the Asia Pacific region is expected to exhibit the highest growth rate, fueled by rapid industrialization and increasing demand from end-use industries in countries such as China and India. North America and Europe will maintain substantial market shares, driven by established pharmaceutical and chemical sectors.
Key participants in the oxalic acid market include major chemical manufacturers focusing on product innovation and strategic collaborations to enhance their market presence. These companies are continually investing in research and development activities to expand the application scope of oxalic acid.
Market dynamics are influenced by shifts in raw material costs, evolving regulatory landscapes, and technological advancements in production processes. These factors collectively shape the competitive environment and influence market growth trajectories.
Furthermore, the growing awareness of sustainable practices is encouraging the development of bio-based oxalic acid production methods, which are likely to gain traction in the coming years as environmental concerns intensify.
Year On Year Growth Chart
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| Report Attribute | Details |
|---|---|
| Market Size in 2025 | USD 1.0 billion |
| Revenue Forecast for 2035 | USD 1.7 billion |
| Growth Rate (CAGR) | 4.9% from 2025 to 2035 |
| Base Year for Estimation | 2024 |
| Historical Data | 2020 – 2024 |
| Forecast Period | 2025 – 2035 |
| Quantitative Units | Revenue in USD million/billion and CAGR from 2025 to 2035 |
| Report Coverage | Revenue forecast, company market share, competitive landscape, growth factors, and trends |
| Covered Segments | Grade, Application, End Use and Region |
| Regional Scope | North America, Europe, Asia Pacific |
| Country Scope | U.S., UK, France, Germany, Italy, South Korea, Japan, China, Australia, New Zealand |
| Key Companies Analyzed | Mudanjiang Fengda Chemical Co., Ltd.; Oxaquim; Merck KGaA; UBE Industries Ltd.; Clariant International Limited; Indian Oxalate Limited; Shijiazhuang Taihe Chemical Co., Ltd.; Spectrum Chemical Manufacturing Corp.; Shandong Fengyuan Chemical Co., Ltd.; Penta s.r.o |
| Customization Options | Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope |
| Pricing and Purchase Options | Customizable purchase options for tailored research needs |
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Key Companies Market Share
Report Coverage & Deliverables
- Market Trends And Dynamics
- Competitve Benchmarking
- Historical data and forecasts
- Value/Volume analysis
- Company revenue shares and key strategies
- Regional opportunities
This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.
Detailed Market Segmentation
- By Grade
- Industrial Grade
- Pharmaceutical Grade
- Reagent Grade
- By Application
- Metal Cleaning
- Rare Earth Processing
- Bleaching
- Pharmaceuticals
- Others
- By End Use
- Mining
- Textile
- Pharmaceutical
- Agriculture
- Others
- By Region
- North America (U.S., Canada)
- Europe (Germany, UK, France, Italy, Spain)
- Asia Pacific (China, Japan, India, South Korea)
- Latin America (Brazil, Argentina)
- Middle East & Africa (Saudi Arabia, South Africa)
Table of Content
- Executive Summary
- Market Overview
- Key Market Dynamics
- Critical Success Factors
- Oxalic Acid Market Analysis 2024-2028 and Forecast 2029-2039
- Oxalic Acid Market – Pricing Trends
- Oxalic Acid Market Volume Analysis (Units) 2024-2028 and Forecast 2029-2039
- Market Segmentation
- Oxalic Acid Market Analysis: By Grade (2024-2039)
- Industrial Grade
- Pharmaceutical Grade
- Reagent Grade
- Oxalic Acid Market Analysis: By Application (2024-2039)
- Metal Cleaning
- Rare Earth Processing
- Bleaching
- Pharmaceuticals
- Other Applications
- Oxalic Acid Market Analysis: By End Use (2024-2039)
- Mining
- Textile
- Pharmaceutical
- Agriculture
- Other End Uses
- Oxalic Acid Market Analysis: By Region (2024-2039)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- North America Oxalic Acid Market Analysis (2024-2039)
- Europe Oxalic Acid Market Analysis (2024-2039)
- Asia Pacific Oxalic Acid Market Analysis (2024-2039)
- Latin America Oxalic Acid Market Analysis (2024-2039)
- Middle East & Africa Oxalic Acid Market Analysis (2024-2039)
- Competitive Landscape
- Key Company Profiles
- Market Structure Analysis
- Assumptions and Acronyms
- Research Methodology