Market overview
The global oxalic acid market is worth USD 507 mn in 2026 and is forecast to reach USD 810 mn by 2036, growing at a 4.8% CAGR. China is the largest country market and Metal processing and rust removal is the largest by use segment.
| Scope | Oxalic acid in dihydrate and anhydrous forms, used in rare-earth and metal processing, bleaching, cleaning, pharma intermediates, textiles and leather. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 485 mn |
| Value 2026 | USD 507 mn |
| Value 2036 | USD 810 mn |
| CAGR 2026-2036 | 4.8% |
| Volume 2026 | 582 thousand tonnes |
| Volume 2036 | 885 thousand tonnes |
| Average price 2026 | USD 870 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Oxalic Acid market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 507 mn |
| 2027 | USD 531 mn |
| 2028 | USD 557 mn |
| 2029 | USD 583 mn |
| 2030 | USD 611 mn |
| 2031 | USD 641 mn |
| 2032 | USD 671 mn |
| 2033 | USD 704 mn |
| 2034 | USD 737 mn |
| 2035 | USD 773 mn |
| 2036 | USD 810 mn |
Oxalic Acid market segmentation
By use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Metal processing and rust removal | 24.0% | 22.6% | USD 122 mn | 4.2% |
| Rare-earth and mining | 20.0% | 23.8% | USD 101 mn | 6.7% |
| Textile and leather | 18.0% | 16.1% | USD 91 mn | 3.6% |
| Pharma and agrochemicals | 16.0% | 17.4% | USD 81 mn | 5.7% |
| Cleaning and wood bleaching | 12.0% | 10.7% | USD 61 mn | 3.6% |
| Other uses | 10.0% | 9.4% | USD 51 mn | 4.2% |
By grade
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Industrial grade | 66.0% | 63.0% | USD 334 mn | 4.3% |
| Technical and reagent grade | 20.0% | 20.0% | USD 101 mn | 4.8% |
| Pharmaceutical and electronic grade | 14.0% | 17.0% | USD 71 mn | 6.8% |
By production route
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Carbohydrate oxidation | 40.0% | 34.0% | USD 203 mn | 3.1% |
| Ethylene glycol oxidation | 24.0% | 24.0% | USD 122 mn | 4.8% |
| Formate and carbonylation | 36.0% | 42.0% | USD 182 mn | 6.4% |
By form
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Dihydrate crystals | 76.0% | 72.0% | USD 385 mn | 4.2% |
| Anhydrous | 12.0% | 14.0% | USD 61 mn | 6.4% |
| Solution and powder blends | 12.0% | 14.0% | USD 61 mn | 6.4% |
By sales channel
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Direct to industrial users | 52.0% | 50.0% | USD 264 mn | 4.4% |
| Distributors | 36.0% | 36.0% | USD 182 mn | 4.8% |
| Online and small lots | 12.0% | 14.0% | USD 61 mn | 6.4% |
Top 25 countries for oxalic acid by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 87.5% of 2026 revenue and the 25 countries below together hold 97.0%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 172 mn | 34.0% | USD 284 mn | 5.1% |
| 2 | India | USD 71 mn | 14.0% | USD 135 mn | 6.7% |
| 3 | United States | USD 51 mn | 10.0% | USD 72 mn | 3.6% |
| 4 | Japan | USD 30 mn | 6.0% | USD 40 mn | 2.7% |
| 5 | Germany | USD 25 mn | 5.0% | USD 35 mn | 3.2% |
| 6 | South Korea | USD 23 mn | 4.5% | USD 32 mn | 3.6% |
| 7 | Brazil | USD 20 mn | 4.0% | USD 33 mn | 5.1% |
| 8 | Spain | USD 18 mn | 3.5% | USD 25 mn | 3.5% |
| 9 | Turkey | USD 18 mn | 3.5% | USD 29 mn | 5.1% |
| 10 | Italy | USD 15 mn | 3.0% | USD 21 mn | 3.3% |
| 11 | France | USD 6.4 mn | 1.3% | USD 10 mn | 4.5% |
| 12 | United Kingdom | USD 5.7 mn | 1.1% | USD 8.9 mn | 4.6% |
| 13 | Mexico | USD 4.9 mn | 1.0% | USD 8.9 mn | 6.1% |
| 14 | Russia | USD 4.5 mn | 0.9% | USD 7.0 mn | 4.6% |
| 15 | Indonesia | USD 4.2 mn | 0.8% | USD 7.5 mn | 6.0% |
| 16 | Vietnam | USD 3.7 mn | 0.7% | USD 6.6 mn | 6.0% |
| 17 | Taiwan | USD 3.2 mn | 0.6% | USD 5.0 mn | 4.6% |
| 18 | Thailand | USD 2.9 mn | 0.6% | USD 5.3 mn | 6.2% |
| 19 | Canada | USD 2.5 mn | 0.5% | USD 3.9 mn | 4.6% |
| 20 | Australia | USD 2.2 mn | 0.4% | USD 3.5 mn | 4.6% |
| 21 | South Africa | USD 2.0 mn | 0.4% | USD 3.1 mn | 4.5% |
| 22 | Chile | USD 1.7 mn | 0.3% | USD 2.7 mn | 4.5% |
| 23 | Netherlands | USD 1.5 mn | 0.3% | USD 2.4 mn | 4.8% |
| 24 | Poland | USD 1.5 mn | 0.3% | USD 2.4 mn | 4.8% |
| 25 | Bangladesh | USD 1.2 mn | 0.2% | USD 2.2 mn | 6.0% |
| Rest of world | USD 15 mn | 3.0% | USD 23 mn | 4.4% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Ube
- Oxaquim
Group 2: Regional and specialist players
- Indian Oxalate
- Merck KGaA
- Tongliao Xinghe Chemical
- Loba Chemie
- Jost Chemical
Group 3: Emerging and niche players
- Shandong Fuhua Chemical
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the oxalic acid market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.8% is calculated from the resulting values.
The market is divided by use, by grade, by production route, by form, by sales channel. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the oxalic acid market?
The global oxalic acid market is estimated at USD 485 mn in 2025 and USD 507 mn in 2026.
How fast will the oxalic acid market grow?
It is forecast to reach USD 810 mn by 2036, a compound annual growth rate of 4.8% from 2026, an increase of USD 303 mn.
Which country is the largest market for oxalic acid?
China is the largest market by revenue at USD 172 mn in 2026, 34.0% of the global total. The three largest countries together hold 58.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 6.7% a year from 2026 to 2036.
Which oxalic acid segment is largest?
In the by use split, Metal processing and rust removal is the largest segment with 24.0% of 2026 revenue.
Who are the leading oxalic acid companies?
Global leaders include Ube, Oxaquim.
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