SAN FRANCISCO, August 10, 2016 /PRNewswire/ --
The global glyoxal market is expected to reach USD 2.60 billion by 2024, according to a new report by Grand View Research, Inc. Increasing oil & gas exploration and production activities in Asia Pacific and the Middle East are anticipated to drive global market.
(Logo: http://photos.prnewswire.com/prnh/20150105/723757 )
Global glyoxal industry is expected to witness a significant growth over the forecast period on account of its wide application scope across key end-use industries such as textiles, leather, polymers & resins, and paper packaging. In the paper industry, it is used as a starch cross-linker for producing paper. In addition, glyoxal finds application as an additive in the paper coating to improve quality due to its ability to reduce water retention.
Glyoxal is considered as an accredited chemical substance for food packaging papers by the Federal Institute for Risk Assessment (BfR) and the U.S. FDA. The chemical is touted as a high potential substitute for aldehydes and as a co-formulate with aldehydes in disinfectants.
Glyoxal is primarily derived from ethylene glycol which is a derivative of ethylene oxide. Ethylene is one of the most important petrochemical intermediates and is a feedstock for various end-use products such as food packaging, film, toys, food containers, bottles, pipes, antifreeze, carpets, insulation, and house-wares.
Browse full research report with TOC on "Glyoxal Market Analysis By Application (Textile, Leather, Resin & Polymers, Cosmetics, Paper Packaging, Oil & Gas) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/breast-biopsy-device-market
Further key findings from the report suggest:
Grand View Research has segmented the glyoxal market on the basis of application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Read Our Blogs - mediafound.org , grandviewresearch.com/blogs/bulk-chemicals
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Share this article