Global Glutaric Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Grade;

Industrial Grade and Reagent Grade.

By End Use;

Chemicals, Cosmetics & Personal Care, Healthcare and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn865031223 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Glutaric Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Glutaric Acid Market was valued at USD 18,375.43 million. The size of this market is expected to increase to USD 31,086.28 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.

The Global Glutaric Acid Market is witnessing significant growth due to its diverse applications across various industries. Glutaric acid, a five-carbon dicarboxylic acid, is primarily utilized in the production of polymers, resins, and pharmaceutical intermediates. Its use in the manufacture of high-performance polymers, including nylon-4,6, and various specialty resins, drives demand in the chemical and automotive sectors. Additionally, glutaric acid is employed as a key component in the production of agrochemicals, which contributes to its market expansion.

The pharmaceutical industry also significantly influences the glutaric acid market. It serves as an intermediate in the synthesis of certain drugs, including anticonvulsants and anti-psychotic medications. The increasing prevalence of neurological and psychological disorders globally is expected to drive the demand for glutaric acid in pharmaceutical applications. Furthermore, the compound is used in the production of contrast agents for medical imaging, further bolstering its market presence.

Geographically, the market is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia-Pacific holds a dominant position in the global glutaric acid market, driven by rapid industrialization, particularly in China and India. These countries are key players in the chemical manufacturing sector, contributing to the high demand for glutaric acid. North America and Europe also represent significant markets, supported by their robust chemical and pharmaceutical industries.

Challenges in the glutaric acid market include fluctuating raw material prices and environmental regulations related to chemical manufacturing. The industry faces pressures to adopt more sustainable production methods and reduce its carbon footprint. However, ongoing research and development efforts are focusing on optimizing production processes and exploring new applications for glutaric acid, which could mitigate these challenges and drive future market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Grade
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Glutaric Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing industrial applications
        2. Increased demand for pharmaceuticals
        3. Expanding food and beverage industry
        4. Advancements in chemical manufacturing
        5. Rising awareness of health benefits
      2. Restraints
        1. High production costs
        2. Environmental regulations
        3. Volatile raw material prices
        4. Limited market players
        5. Substitutes availability
      3. Opportunities
        1. Emerging markets growth
        2. Innovations in production methods
        3. Expanding end-use industries
        4. Technological advancements
        5. Strategic partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Glutaric Acid Market, By Product Grade, 2021 - 2031 (USD Million)
      1. Industrial Grade
      2. Reagent Grade
    2. Global Glutaric Acid Market, By End Use,2021 - 2031 (USD Million)
      1. Chemicals
      2. Cosmetics & Personal Care
      3. Healthcare
      4. Others
    3. Global Glutaric Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Lonza Group AG
      2. Evonik Industries AG
      3. DSM (Dutch State Mines)
      4. Nantong Bada Chemical Co., Ltd.
      5. Shandong Fuhua Chemical Co., Ltd.
      6. Hebei Chengxin Co., Ltd.
      7. Jiangxi Jinkai Chemical Co., Ltd.
      8. Cangzhou Yuxin Chemical Co., Ltd.
      9. SABIC (Saudi Basic Industries Corporation)
      10. Ube Industries, Ltd
  7. Analyst Views
  8. Future Outlook of the Market