In Q1 2025, the oxalic acid market in the U.S. experienced a mixed price trend, with notable fluctuations driven by changing demand and supply dynamics. Early in the quarter, prices saw an increase due to strong demand from key sectors such as leather tanning, textiles, and metal cleaning, supported by favorable supply conditions. However, as the quarter progressed, prices softened, with a 1.6% decline in March, attributed to weakening demand, particularly in the textile and leather industries, amid rising operational costs.

Get the latest insights on price movement and trend analysis of Oxalic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The Oxalic Acid Market report segments the industry into Product Grade (Anhydrous, Dihydrate, Aqueous Solution), Application (Pharmaceutical, Textile, Rare Earth Metals, Chemical, Metal Processing, Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). Get five years of historical data alongside five-year market forecasts.

The global oxalic acid market is projected to expand from USD 514.5 million in 2025 to USD 830.1 million by 2035, reflecting a CAGR of 4.9% during the forecast period.

Oxalic Acid Market Forecast by Top Countries

Global Oxalic Acid Market was valued at USD 1.24 billion in 2023 and is anticipated to project growth in the forecast period with a CAGR of 4.07% through 2029.

The global Oxalic Acid market stood at approximately 837 thousand tonnes in 2024 and is anticipated to grow at a CAGR of 2.39% during the forecast period until 2035.

The oxalic acid market size was USD 1.59 billion in 2024 and is estimated to reach USD 2.75 billion by the end of 2037, expanding at a CAGR of 4.3% during the forecast period, i.e., 2025-2037. Asia Pacific is predicted to account for the largest share of 37.7% by 2037, influenced by the need for oxalic acid in various production processes in the region.

The global Oxalic Acid Dihydrate market was valued at USD XX Million in 2022 and is projected to reach USD XX Million by 2030, registering a CAGR of 5.3% for the forecast period 2023-2030. Water treatment applications eventually drive the oxalic acid dihydrate market.

In water treatment, oxalic acid dihydrate is used for the removal of scale deposits and metal ions. As the need for effective and environmentally friendly water treatment solutions rises, so does the demand for oxalic acid dihydrate.

Pharmaceutical and Personal Care Products significantly boost the oxalic acid dihydrate market.

Oxalic acid dihydrate is used in certain pharmaceutical formulations and personal care products. The growth of the pharmaceutical and personal care industries contributes to the demand for this chemical compound.

Restraining Factor:

Regulatory Restrictions may hamper the oxalic acid dihydrate market.

Governments and regulatory bodies may impose restrictions on the use, production, import, or export of oxalic acid dihydrate due to its potential environmental and health risks. Compliance with stringent regulations can pose challenges for manufacturers and limit market growth in some regions.

Impact of the COVID-19 Pandemic on the Oxalic Acid Dihydrate Market:

Many countries are imposed export and import restrictions during the pandemic to secure essential supplies for their domestic markets. Such restrictions could have affected the international trade of oxalic acid dihydrate. With the pandemic causing economic uncertainties and lockdowns in many countries, there could have been fluctuations in demand from various end-use industries. Industries such as automotive, construction, and textiles, which are significant consumers of oxalic acid dihydrate, experienced downturns during the pandemic, affecting the overall demand for the chemical. Oxalic acid dihydrate is a chemical compound with the chemical formula (COOH)2 · 2H2O. It is also known as ethanedioic acid dihydrate. The compound consists of two molecules of oxalic acid (also known as ethanedioic acid) combined with two molecules of water. Oxalic acid dihydrate is a colorless, crystalline solid with a sour taste and is highly soluble in water. It is considered a weak acid and is diprotic, meaning it can donate two protons (hydrogen ions) to a base. As a reducing agent, it has the ability to donate electrons to other substances, causing reduction reactions in certain chemical processes.

Explore the dynamic pricing factors of oxalic acid, essential in industries like textile and pharmaceuticals, influenced by global demand, production costs, and market conditions. Discover price trends and strategies for managing volatility.

Oxalic Acid Market Outlook 2032

The global oxalic acid market size was USD 960 million in 2023 and is likely to reach USD 1,431 million by 2032, expanding at a CAGR of 4.9% during 2024–2032. The market growth is attributed to the high demand for oxalic acid in several industries across the globe.



Increasing demand for oxalic acid in various industries is driving the market. Oxalic acid, a colorless crystalline solid, is an organic compound used in numerous applications such as pharmaceuticals, textiles, cleaning, and bleaching. The compound's versatility and effectiveness make it a valuableresource in these sectors. Its ability to act as a reducing agent, a chelating agent, and a mordant, among other roles, contributes to its widespread use.

Impact of Artificial Intelligence (AI) in Oxalic Acid Market

The use of artificial intelligence is likely to boost the oxalic acid market. AI-powered predictive analytics forecast demand trends, enabling producers to optimize their production schedules and inventory management. This reduces waste and ensures a steady supply of the compound to meet industry needs. Moreover, AI improves the safety and quality of the product. Machine learning algorithms monitor production processes in real-time, identifying anomalies that lead to substandard quality or safety risks.



Producers maintain high-quality standards and ensure the safe handling of the compound, by addressing these issues promptly. Furthermore, AI drives innovation in the market. AI-based research tools accelerate the discovery of new applications for the compound, opening up new avenues for growth. Thus, AI is a powerful tool that boosts the competitiveness and sustainability of the market.

Oxalic Acid Market Dynamics

Major Drivers</h3&

By 2035, the Oxalic Acid Market is estimated to expand to USD 1078.92 Million, showcasing a robust CAGR of 4.91% between 2025 and 2035, starting from a valuation of USD 636.80 Million in 2024 and USD 668.07 Million in 2025.

Europe Oxalic acid Market is expected to grow during 2025-2031

Oxalic Acid Market Outlook

According to our latest research, the global oxalic acid market size reached USD 846 million in 2024, reflecting steady demand across various industries. With a projected CAGR of 4.7% during the forecast period, the market is expected to reach approximately USD 1,236 million by 2033. This growth is primarily driven by the increasing utilization of oxalic acid in pharmaceuticals, chemicals, and metal processing industries, alongside expanding applications in textiles, leather, and agriculture. The market’s robust trajectory is underpinned by rising industrialization in developing economies, coupled with technological advancements in production processes and widening end-use applications.

One of the key growth factors propelling the global oxalic acid market is its versatility across diverse industrial applications. The chemical’s unique properties, such as strong reducing ability and chelating capacity, make it indispensable in sectors like pharmaceuticals, where it is used for the synthesis of antibiotics and other drugs. Additionally, oxalic acid’s effectiveness as a cleaning and bleaching agent fuels demand in the textile and leather industries, where it is utilized for dyeing, finishing, and stain removal. The increasing focus on high-purity oxalic acid for specialized applications, especially in electronics and pharmaceutical manufacturing, is further stimulating market expansion. The trend towards eco-friendly and biodegradable chemicals is also favoring oxalic acid, as it offers a greener alternative to harsher synthetic agents.

The chemical industry’s ongoing innovation and the development of new downstream applications are further bolstering the oxalic acid market’s growth trajectory. In metal processing, oxalic acid serves as an efficient agent for metal cleaning, rust removal, and surface treatment, supporting the automotive, construction, and electronics sectors. The agriculture sector is another significant contributor, with oxalic acid being used for pesticide formulations and as a soil conditioner. Moreover, the food and beverage industry is incorporating oxalic acid for food preservation and as a flavoring agent, albeit under strict regulatory controls. The growing demand for processed foods and beverages, particularly in emerging markets, is expected to provide additional impetus for market growth.

Another pivotal growth driver is the geographical shift in manufacturing hubs towards Asia Pacific, where countries like China and India are witnessing rapid industrialization and urbanization. This shift is resulting in increased consumption of oxalic acid across multiple end-use industries, supported by favorable government policies, abundant raw material availability, and expanding export opportunities. The adoption of advanced manufacturing techniques and sustainable production methods is also enabling manufacturers to enhance product quality, reduce costs, and comply with stringent environmental regulations. The integration of digital technologies and the move towards circular economy models are expected to further catalyze the growth of the oxalic acid market globally.

From a regional perspective, Asia Pacific dominates the oxalic acid market, accounting for the largest share in 2024, followed by Europe and North America. The region’s preeminence is attributed to the presence of leading manufacturers, high consumption in end-use industries, and robust export infrastructure. Europe’s market is characterized by stringent environmental regulations and a strong focus on sustainable chemical production, while North America is witnessing steady demand from the pharmaceutical and metal processing sectors. Latin America and the Middle East & Africa are emerging as promising markets, driven by growing industrial activity and increasing investments in chemical manufacturing. The regional dynamics are expected to evolve further, with Asia Pacific consolidating its leadership and other regions gradually expanding their market presence.

Product Type Analysis

The oxalic acid market is segmented by product type into anhydrous oxalic acid and dihydrate oxalic acid, each catering to specific industrial requirements. Anhydrous oxalic acid, characterized by its high purity and concentrated form, is widely used in applications demanding stringent quality standards, such as pharmaceuticals and electronics manufacturing. Its superior solubility and

The global oxalic acid market size was valued at USD 0.54 billion in 2025 and is projected to expand at a CAGR of 5.20% during the forecast period, reaching USD 0.77 billion by 2033. The market growth is primarily driven by the increasing demand for oxalic acid in various end-use industries, such as cleaning and surface treatment, pharmaceuticals and healthcare, and textile and dyeing. The growing adoption of eco-friendly and biodegradable cleaning agents in the household and industrial sectors is further fueling market expansion. Key trends shaping the oxalic acid market include the rising popularity of biodegradable and environmentally friendly cleaning products, the growing adoption of oxalic acid in the textile industry, and the increasing demand for oxalic acid in the healthcare sector. The use of oxalic acid in metal cleaning and surface treatment applications is expected to witness significant growth due to its ability to remove rust and stains effectively. The market is also witnessing the emergence of new applications for oxalic acid, such as in the production of pharmaceuticals, cosmetics, and food additives. Recent developments include: March 2022: Dr. Reddy's Laboratories Ltd. has reported that the Drugs Controller General of India (DCGI) granted approval for the emergency restricted use of the Sputnik Light vaccine in India., January 2022: Cipla Limited has received Emergency Use Authorization (EUA) from the Drugs Controller General of India (DCGI) to introduce Molnupiravir in India. This marks the first approval for the oral antiviral, previously sanctioned by the United Kingdom Medicines and Healthcare Products Regulatory Agency (MHRA) for treating mild-to-moderate COVID-19 in individuals at a high risk of progressing to severe disease.. Notable trends are: Increasing demand in cleaning and bleaching applications is driving the market growth.

Refined Oxalic Acid Market Outlook

The global refined oxalic acid market size is projected to grow from USD 400 million in 2023 to USD 600 million by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 4.5%. The market's growth can be primarily attributed to the increasing demand from various end-use industries such as pharmaceuticals, textiles, and metal processing, driven by technological advancements and the need for high-purity chemicals.

One of the primary growth factors for the refined oxalic acid market is its extensive use in the pharmaceutical industry. Oxalic acid is utilized as an intermediate in the synthesis of various pharmaceutical compounds, including antibiotics, which are essential for modern medicine. With the rising prevalence of chronic diseases and the continuous innovation in pharmaceutical formulations, the demand for high-quality oxalic acid is expected to witness substantial growth. Additionally, the increasing investments in healthcare infrastructure and the rising demand for advanced medications in emerging economies are further fueling the market's expansion.

The textile industry also plays a significant role in driving the refined oxalic acid market. Oxalic acid is employed in the textile industry for bleaching and dyeing processes, which require high-purity chemicals to ensure the quality and durability of fabrics. With the growing fashion and apparel industry, particularly in regions such as Asia Pacific and Europe, the demand for refined oxalic acid is expected to rise. Furthermore, the increasing consumer preference for eco-friendly and sustainable textiles has led to innovations in textile processing, thereby augmenting the demand for refined oxalic acid.

The metal processing industry is another key contributor to the market's growth. Refined oxalic acid is used in metal processing for cleaning and polishing metals, removing rust, and in rare earth metal processing. The rising demand for high-quality and corrosion-resistant metals in various industries, including automotive, aerospace, and construction, is expected to drive the demand for refined oxalic acid. Additionally, the increasing focus on recycling and the use of rare earth metals in high-tech applications such as electronics and renewable energy technologies are anticipated to further boost the market.

Calcium Oxalate for Industrial Application has emerged as a significant component in various industrial processes, particularly in the production of ceramics and as a precursor in the synthesis of other chemicals. Its unique properties, such as high thermal stability and insolubility in water, make it an ideal candidate for use in high-temperature applications. Industries are increasingly exploring the potential of Calcium Oxalate to enhance the efficiency and quality of their products. The compound's ability to act as a filler and stabilizer in polymer production further underscores its versatility in industrial applications. As industries continue to innovate and seek sustainable solutions, the demand for Calcium Oxalate is expected to rise, contributing to the growth of the refined oxalic acid market.

Regionally, the Asia Pacific region is expected to dominate the refined oxalic acid market during the forecast period. The region's market growth is driven by the robust industrial base in countries like China and India, which are major consumers of oxalic acid in various applications. North America and Europe are also significant markets due to the presence of advanced pharmaceutical and textile industries. The Middle East & Africa and Latin America are expected to witness moderate growth, supported by the increasing industrial activities and investments in these regions.

Grade Analysis

The refined oxalic acid market can be segmented based on grade into industrial grade, pharmaceutical grade, and reagent grade. Industrial grade oxalic acid is predominantly used in applications requiring high volume and less stringent purity standards, such as metal cleaning and textile processing. The demand for industrial-grade oxalic acid is significantly driven by the expanding metal processing industry, where it is used for rust removal and surface treatment. Moreover, developments in textile manufacturing and the growing need for efficient bleaching agents further bolster this segment.

Pharmaceutical grade oxalic acid, on the other hand, meets higher purity stand

Global Oxalic Acid market size 2025 was XX Million. Oxalic Acid Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global oxalic acid market, valued at $378.4 million in 2025, is projected to experience robust growth, driven by increasing demand from various industries. The compound annual growth rate (CAGR) of 4.6% from 2025 to 2033 indicates a steadily expanding market. Key drivers include the rising utilization of oxalic acid as a cleaning agent, particularly in the textile and metal industries, its expanding role in the pharmaceutical sector as a precursor in drug synthesis, and its growing application in the food and beverage industry as a processing aid. Furthermore, advancements in production technologies and increasing awareness of its environmentally friendly aspects (compared to some alternatives) are contributing to market expansion. However, potential restraints include fluctuations in raw material prices and stringent environmental regulations governing its production and disposal in certain regions. Competitive dynamics are shaping the market, with established players like Ube and emerging companies in regions like Asia, particularly China, vying for market share. The market segmentation, while not explicitly detailed, is likely diverse, encompassing different grades of oxalic acid based on purity and intended application. Future growth will depend on technological innovations, sustainable practices, and the overall economic health of key consumer industries. The forecast period of 2025-2033 suggests a significant expansion of the oxalic acid market. This growth will be influenced by several factors, including increased investments in research and development leading to novel applications, particularly in emerging sectors like bio-based materials and advanced cleaning solutions. Geographical variations in market growth are anticipated, with developing economies exhibiting faster growth rates compared to mature markets, driven by industrialization and urbanization. Strategic partnerships and mergers & acquisitions are expected to further intensify competition and accelerate market consolidation. Companies will need to focus on efficient production processes, supply chain management, and product diversification to maintain competitiveness in this dynamic landscape. A robust understanding of evolving regulatory frameworks and consumer preferences will be crucial for sustained success within the oxalic acid market.

The global refined oxalic acid market, valued at $68.2 million in 2025, is projected to experience steady growth, driven by increasing demand from key sectors like electronics and rare earth industries. A Compound Annual Growth Rate (CAGR) of 3.8% from 2025 to 2033 indicates a substantial market expansion. This growth is fueled by the crucial role oxalic acid plays in various industrial processes, particularly as a cleaning agent, metal processing aid, and in the extraction of rare earth elements. The electronics industry's reliance on high-purity oxalic acid for cleaning and etching processes, coupled with the growing demand for rare earth materials in advanced technologies, represents significant market drivers. While specific restraints aren't detailed, potential challenges could include price volatility of raw materials, stringent environmental regulations, and the emergence of substitute chemicals. Segmentation by application (electronics, rare earth, others) and purity level (100 ppm-500 ppm SO₄²¯, ≤100 ppm SO₄²¯) provides further market granularity. Key players like Oxaquim, Punjab Chemicals, and Ube Corporation are shaping market dynamics through their production capacity and technological advancements. Geographic analysis reveals diverse regional growth patterns; while North America and Europe currently hold significant market shares, Asia-Pacific is expected to show robust growth fueled by industrial expansion in China and India. The market's future hinges on technological advancements leading to improved purity and cost-effective production methods. Sustainability concerns will necessitate environmentally friendly manufacturing processes, potentially impacting market dynamics. Furthermore, strategic partnerships, mergers, and acquisitions among key players could reshape the competitive landscape. Continuous innovation and the ability to meet stringent industry standards will be crucial for refined oxalic acid manufacturers to maintain a competitive edge in this evolving market. Future market analysis should consider the impact of evolving global economic conditions and technological breakthroughs on demand and supply dynamics. The continued growth in electronics and renewable energy sectors will likely remain a key growth driver for the market.

Discover the latest insights from Market Research Intellect's Electronic Grade Oxalic Acid Market Report, valued at USD 150 million in 2024, with significant growth projected to USD 300 million by 2033 at a CAGR of 8.6% (2026-2033).

The global oxalic acid market, valued at $550 million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2025 to 2033. This expansion is driven by increasing demand across diverse sectors, particularly the pharmaceutical industry, where oxalic acid serves as a crucial intermediate in the synthesis of various drugs and formulations. The electronics industry also contributes significantly, utilizing oxalic acid in the manufacturing of electronic components and cleaning solutions. Growth is further fueled by the burgeoning rare earth and textile industries, both reliant on oxalic acid for processing and treatment. The rising adoption of oxalic acid in lithium-ion battery production, owing to its role in electrolyte solutions, presents a significant new growth avenue. While the carbohydrate oxidation route currently dominates production, the sodium formate and coal-to-ethylene glycol routes are emerging as viable alternatives, enhancing supply chain resilience and potentially reducing production costs. However, potential environmental concerns related to oxalic acid production and its handling remain a factor that may constrain growth to some extent. Key players like Oxaquim, Radiant Indus Chem, and Ube are strategically positioned to capitalize on these market trends through technological advancements, capacity expansions, and strategic partnerships. The market segmentation reveals a significant dependence on specific applications. Pharmaceutical applications, characterized by stringent purity requirements, command a substantial market share, closely followed by the electronics and rare earth industries. The textile industry's application of oxalic acid in bleaching and dyeing processes also contributes substantially to market demand. Regional market analysis points towards a significant concentration of demand in Asia-Pacific, driven primarily by strong growth in China and India. North America and Europe represent stable and mature markets, characterized by high per capita consumption and advanced industrial infrastructure. While the Middle East and Africa showcase modest growth potential, the region’s infrastructure development and industrial diversification will likely support increasing demand in the coming years. The forecast period suggests a continued upward trajectory for oxalic acid demand, underpinned by continuous technological advancements, expanding industrialization in emerging economies, and the introduction of innovative applications within various sectors.