Glyoxylic Acid - MARKET ADVISORY SERVICES
Glyoxylic acid or oxoacetic acid is an organic compound that is both an aldehyde and a carboxylic acid.
Glyoxylic acid, a colorless to yellowish liquid, has wide applications, such as: as key intermediate in the pharma or agro industries, flavors and fragrances, dyestuff and fine chemicals, cosmetics as in hair straightening formulations.
Moreover, China is the largest producer of glyoxylic acid, accounting for 88.57% market share in 2015.
Taking vanillin as example, vanillin is mainly used as a flavouring agent, primarily in foods and beverages such as chocolate and dairy products, but also to mask unpleasant tastes in medicines or livestock fodder.
Global total consumption of glyoxylic acid was 122305 MT in 2015, increasing slightly from 118789 MT in 2011.
