Global Glyoxal 40% market cagr 8.4%

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Glyoxal 40% Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Glyoxal 40% Market Size and Growth

The Glyoxal 40% market is witnessing steady growth, driven by its applications in textiles, cosmetics, and pharmaceuticals. As of 2023, the market size is estimated at approximately $150 million, with a projected CAGR of 5% over the next five years, reflecting increasing demand for sustainable and versatile chemical solutions.

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Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ DyStar

◍ WeylChem Group

◍ Amzole

◍ Hubei Hongyuan

◍ Taicang Guangze Chemical

◍ Hubei Shunhui Bio-technology

◍ Jin Yimeng

◍ Zhonglan Industry

◍ Run Quan Chem

The Glyoxal 40% Market features major players like BASF, DyStar, and WeylChem Group, providing applications in textiles and chemicals. These companies drive growth through innovation, diverse applications, and partnerships. Sales revenue figures include:

- BASF: €59 billion (2022)

- DyStar: $900 million (approx.)

- WeylChem: Not publicly disclosed.

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Market Segmentation

By Application

Pharmaceutical

Textile ◍ Paper Making ◍ Others

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By Product

Glyoxal produced from Ethylene Glycol

Glyoxal produced from Acetaldehyde

Market Growth

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$ X Billion USD

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