Oxalic Acid Market Size & Share Analysis - Growth Trends And Forecast (2025 - 2032)

By Grade;

Technical & Pharma Grade (Purity 99%-99.9%) and Electronic & Food Grade (Purity 99.9%-99.999%)

By Application;

Bleaching & Purifying Agents, Reducing Agents, Stain & Rust Removers, Miticide, Precipitation Agents and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2022 - 2032)
Report ID: Rn601988753 Published Date: January, 2026 Updated Date: February, 2026

Oxalic Acid Market Overview

Oxalic Acid Market (USD Million)

Oxalic Acid Market was valued at USD 673.85 million in the year 2025. The size of this market is expected to increase to USD 774.05 million by the year 2032, while growing at a Compounded Annual Growth Rate (CAGR) of 2.0%.


Oxalic Acid Market

*Market size in USD million

CAGR 2.0 %


Study Period2026 - 2032
Base Year2025
CAGR (%)2.0 %
Market Size (2025)USD 673.85 Million
Market Size (2032)USD 774.05 Million
Market ConcentrationHigh
Report Pages362
673.85
2025
774.05
2032

Major Players

  • Clariant International Ltd
  • HeFei DongFeng General Chemicals Plant
  • Hill Brothers Chemical Co.
  • Indian Oxalate Limited
  • LabChem, Inc
  • Mudanjiang Hongli Chemicals Co. Ltd.
  • Orica Australia Pty Ltd
  • Punjab Chemicals & Crop Protection Limited
  • Radiant Indus Chem Pvt. Ltd.
  • Shanxi Province Yuanping Chemicals Co., Ltd
  • Star Oxochem Pvt. Ltd.
  • Ube Industries, Ltd.
  • Uranus Chemicals Co.
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Oxalic Acid Market

Fragmented - Highly competitive market without dominant players


Oxalic Acid Market is witnessing consistent expansion, driven by its wide applications across industrial, commercial, and consumer sectors. Demand has risen by 25%, supported by uses in cleaning, metal processing, and chemical manufacturing. The shift toward multi-functional compounds has positioned oxalic acid as a key element in industrial operations.

Key Growth Drivers
Growth in the market is strongly tied to rising demand for surface cleaning and bleaching solutions. Nearly 30% of utilization is linked to textile and leather processing, while 28% comes from cleaning agents and detergents. The chemical’s strong properties in rust removal and stain treatment further fuel its adoption across industries.

Technological Advancements
Innovations in production efficiency and eco-friendly synthesis methods are reshaping the oxalic acid market. Around 27% of producers are shifting toward low-emission processes, while 22% are investing in bio-based alternatives. These advancements are enhancing sustainability while ensuring steady supply for diverse applications.

Future Outlook
The oxalic acid market is set to achieve steady growth, with 35% of companies expected to expand their production capacity. Nearly 32% are investing in R&D for new applications, while 29% plan to enhance distribution networks. These developments point to a promising future driven by innovation and industrial demand.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Oxalic Acid Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for oxalic acid in various industries (e.g., textile, metal processing).
        2. Growth in the demand for eco-friendly cleaning products.
        3. Expanding applications in the pharmaceutical industry.
      2. Restraints
        1. Fluctuating raw material prices.
        2. Environmental concerns related to production processes.
        3. Stringent regulatory norms and compliance issues.
      3. Opportunities
        1. Growing demand for bio-based oxalic acid production.
        2. Development of new applications in the automotive and chemical industries.
        3. Expanding market for oxalic acid in emerging economies.
    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. Oxalic Acid Market, By Grade, 2022 - 2032 (USD Million)
      1. Technical & Pharma Grade (Purity 99%-99.9%)
      2. Electronic & Food Grade (Purity 99.9%-99.999%)
    2. Oxalic Acid Market, By Application, 2022 - 2032 (USD Million)
      1. Bleaching & Purifying Agents
      2. Reducing Agents
      3. Stain & Rust Removers
      4. Miticide
      5. Precipitation Agents
      6. Others
    3. Oxalic Acid Market, By Geography, 2022 - 2032 (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. Oxaquim S.A.
      2. UBE Industries Ltd.
      3. Indian Oxalate Ltd.
      4. Mudanjiang Fengda Chemical Co., Ltd.
      5. Clariant AG
      6. PCC Chemax Inc.
      7. Shijiazhuang Taihe Chemical Co., Ltd.
      8. Shandong Fengyuan Chemical Stock Co., Ltd.
      9. Star Oxochem Pvt Ltd
      10. Hummel Croton Inc.
      11. Raviraj Chemicals
      12. U.S. Chemicals LLC
      13. Rajiv Traders
      14. Merck KGaA
      15. Punjab Chemicals and Crop Protection
  7. Analyst Views
  8. Future Outlook of the Market