A new report related to the Food Ingredients industry is available in Europen

Tag : Cosmetics Material

Reportlinker.com announced that a new market researchreport related to the Food Ingredients industry is available in itscatalogue.
Glyoxalic acid is a kind of basic organic chemical material.Bourbonal and vanillin, made of glyoxalic acid, are widely used inthe flavoring agent and fixative of cosmetics, essence of daily-usechemicals. Allantoin, another downstream product for glyoxalicacid, is used as healer for wound, additive for cosmetics and plantgrowth regulator. It is also used in the field of medicine.P-hydroxylphenylglycine, which is an important medical intermediateand is widely used to produce lactam series antibiotic such assyncillin and cephalosporin series medical product, is also made ofglyoxalic. A downstream product of glyoxalic acid,p-Hydroxyphenylacetamide is widely used to produce Atenolol, a kindof hypertension medicine.
Driven by the huge demand of its downstream products, the recentoutput of glyoxalic acid in China is increasing all the time, andthe product quality is also improving greatly. More and moreoverseas companies start to import glyoxalic acid from China, withexport volume increasing rapidly. However, the export volumedecreased to 6,125 tonnes in 2007, accounting for about 13% ofChina's glyoxalic acid output, and that's because the consumptionof GA in domestic market was increasing rapidly, and as thecapacity of GA in China is growing and the quality is improving,the export volume of GA will increase again rapidly. But the impactof this trend only limit to the large-scale glyoxalic acidproducers that master the technology of high purity products, whilefor the minor enterprises, which can only produce ordinaryglyoxalic acid, it is hard for them to get more benefits fromexport.
Affected by the price of its raw material and the supply and demandsituation of its downstream products, the price of glyoxalic acidis undergoing great changes recently and it is estimated that thesituation will continue for a long time.
Because of environmental reasons, the production situation willundergo even huge changes in the future, and many glyoxalic acidproducers will have to upgrade their production line to ensuretheir competitive advantages.