Oxalic Acid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Oxalic Acid Manufacturers and it is Segmented by Product Grade (Anhydrous, Dihydrate, and Aqueous Solution), Application (Pharmaceutical, Textile, Rare Earth Metals, Chemical, Metal Processing, and other Applications, and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The market size and forecasts for Oxalic Acid Market are provided in terms of volume (Kilotons) and revenue (USD Million) for all the above segments.

Oxalic Acid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Oxalic Acid Market Size

Oxalic Acid Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Oxalic Acid Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Oxalic Acid Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

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Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Oxalic Acid Market Analysis

The Oxalic Acid Market is expected to register a CAGR of greater than 4% during the forecast period.

  • The growing adoption of oxalic acid in the pharmaceutical industry to produce various medicines is forecasting market demand.
  • The use of oxalic acid in the metal processing industry for rust removal, smelting of rare earth metals, and as a paint remover is also a blooming opportunity for the market studied.
  • Growing health issues due to the toxicity of oxalic acid are hindering the market's growth.
  • The Asian-Pacific region is expected to dominate the oxalic acid market and is also likely to witness the highest CAGR during the forecast period.

Oxalic Acid Industry Overview

The oxalic acid market is moderately fragmented in nature. Some of the major players in the market include Oxaquim SA, UBE Corporation, Clariant AG, STAROXOCHEM Pvt. Ltd, and Honeywell International Inc., among others (in no particular order).

Oxalic Acid Market Leaders

  1. Oxaquim S.A.

  2. UBE Corporation

  3. Clariant AG

  4. STAROXOCHEM Pvt Ltd.

  5. Honeywell International Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Oxalic Acid Market Concentration
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Oxalic Acid Market News

  • In May 2022, Oxaquim announced that it will increase its production capacity from 20,000 metric tons to 25000 metric tons per year by investing EUR 44 million (USD 51.15 million) in the expansion of the Alcaiz factory and the construction of a new facility in Andorra. This expansion will fulfill the demand for oxalic acid in the future.
  • In December 2022, UBE Corporation announced the complete acquisition of API Corporation (Life Science Institute, Inc., a Mitsubishi Chemical Group Company). Through this transaction, both companies will optimize their manufacturing and research and development resources.

Oxalic Acid Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand from the End-user Industries
    • 4.1.2 Expansion of Pharmaceutical Industries
  • 4.2 Restraints
    • 4.2.1 Toxicity of Oxalic acid
    • 4.2.2 Other Restraints
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Product Grade
    • 5.1.1 Anhydrous
    • 5.1.2 Dihydrate
    • 5.1.3 Aqueous Solution
  • 5.2 Application
    • 5.2.1 Pharmaceutical
    • 5.2.2 Textile
    • 5.2.3 Rare Earth Metals
    • 5.2.4 Chemical
    • 5.2.5 Metal Processing
    • 5.2.6 Other Applications
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share(%)**/Rank Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Clariant
    • 6.4.2 Fujian Shaowu Fine Chemical Factory
    • 6.4.3 Honeywell International Inc.
    • 6.4.4 Merck KGaA
    • 6.4.5 Mudanjiang Fengda Chemical Co. Ltd
    • 6.4.6 Oxaqium
    • 6.4.7 Punjab Chemicals and Crop Protection Limited (Punjab Chemicals)
    • 6.4.8 STAROXOCHEM
    • 6.4.9 UBE Corporation
    • 6.4.10 Uranus Chemicals Co. Ltd
  • *List Not Exhaustive
  • 6.5 MARKET OPPORTUNITIES AND FUTURE TRENDS
  • 6.6 **Subject to Availability in the Public Domain, Paid Databases, and Primary Interviews
**Subject to Availability
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Oxalic Acid Industry Segmentation

Oxalic acid is a crystalline solid organic compound that finds many applications in Pharmaceuticals, Chemicals, and various other applications. The oxalic acid market is segmented by product grade, application, and geography. The market is segmented by product grade: Anhydrous, Dihydrate, and Aqueous Solutions. By application, the market is segmented into pharmaceutical, textile, rare earth metals, chemical, metal processing, and other applications. The report also covers the market size and forecasts for the oxalic acid market in 15 major countries across various regions. For each segment, the market sizing and forecasts have been done based on volume (Kilotons) and revenue (USD Million).

Product Grade Anhydrous
Dihydrate
Aqueous Solution
Application Pharmaceutical
Textile
Rare Earth Metals
Chemical
Metal Processing
Other Applications
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Oxalic Acid Market Research FAQs

What is the current Oxalic Acid Market size?

The Oxalic Acid Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Oxalic Acid Market?

Oxaquim S.A., UBE Corporation, Clariant AG, STAROXOCHEM Pvt Ltd. and Honeywell International Inc. are the major companies operating in the Oxalic Acid Market.

Which is the fastest growing region in Oxalic Acid Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Oxalic Acid Market?

In 2025, the Asia-Pacific accounts for the largest market share in Oxalic Acid Market.

What years does this Oxalic Acid Market cover?

The report covers the Oxalic Acid Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Oxalic Acid Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Oxalic Acid Industry Report

Statistics for the 2025 Oxalic Acid market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Oxalic Acid analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.