Glucaric Acid Market Share, Key Opportunities and Forecasts To 2022: Grand View Research, Inc

Volatile crude oil and petrochemical prices are expected to create significant demand for bio-based supplements. Glucaric acid is a bio-based sugar derivative and can be produced in single step from inexpensive and abundant glucose and hold great potential applications as a building block as well as end use chemical. In 2004, U.S. Department of Energy identified the acid among top twelve building block renewable chemicals which is expected to attract lucrative demand in the end-use industries such as chemical processing, cosmetics and water treatment. Environmental hazards associated with petrochemicals are expected to bolster the glucaric acid market demand over the forecast period.
http://www.grandviewresearch.com/industry-analysis/glucaric-acid-market