Glyoxal Market Projected to Reach USD 2.79 Billion by 2035 at 4.4% CAGR

June 18, 2025 10:00 AM AEST | By EIN Presswire
 Glyoxal Market Projected to Reach USD 2.79 Billion by 2035 at 4.4% CAGR
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Analysis of Glyoxal Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more MD, UNITED STATES, June 18, 2025 /EINPresswire.com/ -- The global glyoxal market is valued at USD 1.66 billion in 2025. As per Fact.MR analysis, it will grow at a CAGR of 4.4% and reach USD 2.79 billion by 2035, owing to increasing demand from the textile and paper packaging industries due to cross-linking and reinforcing effects.

Industry development was supported by volatility in raw material prices and stringent environmental protection regulations. Technological upgrades and market development due to demand from emerging economies have been strong. Growth will accelerate, with emerging industries in pharma and personal care facing regulatory and availability restrictions.

In 2024, the industry grew gradually because its application in various sectors is always increasing. One of the fastest emerging industries was the paper packaging industry, as there was growing demand for green packages globally. The textile industry was also one of the major end-use industries, where the product is used owing to its cross-linking property for enhancing fabric strength and wrinkling resistance.

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Market Overview / Drivers
The market is primarily driven by the chemical’s versatile applications in end-use industries such as textiles, paper & packaging, cosmetics, and oil & gas. Regulatory shifts toward eco-friendly and formaldehyde-free alternatives are opening new avenues for glyoxal-based products, especially in personal care and coatings sectors.

“With growing demand for sustainable and formaldehyde-free crosslinking agents in textiles and cosmetics, glyoxal is emerging as a key alternative in multiple industries,” says a Fact.MR analyst.

Winning Strategy
Key manufacturers are focusing on expanding production capacities in high-growth regions, developing low-emission glyoxal formulations, and entering into strategic partnerships with textile and chemical processing companies. R&D efforts to produce bio-based glyoxal variants are also gaining attention.

Recent Developments

In 2021, BASF SE announced expansion of its glyoxal production capabilities in Asia to meet growing regional demand from textile and paper sectors.
Huntsman Corporation introduced new textile auxiliaries incorporating glyoxal for improved finish durability and eco-compliance.

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More Valuable Insights on Offer
Fact.MR’s latest research offers an unbiased analysis of the global glyoxal market, presenting historical demand data (2018–2022) and forecast insights (2023–2033).

This report covers key segments including:

Form (Liquid, Powder)
Application (Textile, Paper, Leather, Cosmetics & Personal Care, Oil & Gas, Others)
Region (North America, Latin America, Europe, East Asia, South Asia & Oceania, Middle East & Africa)
Key Companies Profiled

BASF SE
Eastman Chemical Company
Huntsman Corporation
Silver Fern Chemical, Inc.
Merck KGaA
Zhonglan Industry Co., Ltd.
Hubei Hongyuan Pharmaceutical Technology Co., Ltd.
Tokyo Chemical Industry Co., Ltd.

Industry News

In 2022, Eastman Chemical invested in research for next-gen crosslinkers using glyoxal derivatives to support sustainable product portfolios for the coatings and adhesives industry.

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About Fact.MR:

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