The Global Oxalic Acid Market was valued at USD 346 Million in 2024 and is projected to reach USD 482 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period (2025–2032). This growth is primarily driven by expanding applications in the pharmaceutical and lithium battery sectors, coupled with increasing demand from the rare earth processing industry, particularly in the Asia-Pacific region which dominates with an 80% market share.

As industries worldwide seek specialized chemicals for high-performance applications, oxalic acid has emerged as a critical component due to its strong chelating and reducing properties. In this blog, we profile the Top 10 Companies in the Oxalic Acid Industry—a blend of established chemical manufacturers and specialized producers shaping the future of this essential industrial chemical.

Download FREE Sample Report:
Oxalic Acid Market – View in Detailed Research Report

---

🔟 1. LonG ShinE Industry

Headquarters: Zhengzhou, Henan, China
Key Offering: Technical Grade Oxalic Acid, Pharmaceutical Grade Oxalic Acid

LonG ShinE Industry is the global market leader in oxalic acid production, commanding approximately 20% of the worldwide capacity. The company’s extensive manufacturing facilities utilize advanced carbohydrate oxidation technology, ensuring high purity and consistent quality. Their products serve diverse sectors including pharmaceuticals, rare earth processing, and textile manufacturing across more than 50 countries.

Production Capacity & Innovation:

• Annual production capacity exceeding 100,000 metric tons

• Pioneering R&D in purification technologies for pharmaceutical applications

• Strategic partnerships with major rare earth processors in China

---

9️⃣ 2. Ube Industries, Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-Purity Oxalic Acid, Specialty Chemical Solutions

Ube Industries brings sophisticated chemical engineering expertise to the oxalic acid market, with a focus on high-purity formulations for electronics and pharmaceutical applications. The company’s integrated production process ensures exceptional quality control, making it a preferred supplier for industries requiring stringent specifications.

Production Capacity & Innovation:

• Advanced catalytic oxidation technology for improved yield efficiency

• Specialized oxalic acid formulations for lithium battery cathode production

• Global distribution network serving North American and European markets

---

8️⃣ 3. Punjab Chemicals & Pharmaceuticals Ltd.

Headquarters: Mumbai, Maharashtra, India
Key Offering: Pharmaceutical Grade Oxalic Acid, Industrial Grade Oxalic Acid

Punjab Chemicals has established itself as a leading oxalic acid producer in South Asia, with substantial capacity dedicated to both industrial and pharmaceutical applications. The company’s strong presence in the Indian subcontinent positions it to capitalize on the region’s growing chemical manufacturing sector.

Production Capacity & Innovation:

• Diverse product portfolio serving multiple industry segments

• Focus on cost-effective production through process optimization

• Expanding export markets in Southeast Asia and the Middle East

Download FREE Sample Report:
Oxalic Acid Market – View in Detailed Research Report

---

7️⃣ 4. Indian Oxalate Limited

Headquarters: Chennai, Tamil Nadu, India
Key Offering: Industrial Grade Oxalic Acid, Textile-Grade Oxalic Acid

Indian Oxalate Limited specializes in oxalic acid production for industrial applications, particularly targeting the textile and metal cleaning sectors. The company has developed strong regional distribution channels throughout India and neighboring countries, making it a significant player in the South Asian market.

Production Capacity & Innovation:

• Optimized production processes for competitive pricing

• Strong focus on textile industry applications and formulations

• Growing capacity to meet increasing domestic demand

---

6️⃣ 5. Radiant Industrial Solutions

Headquarters: Mumbai, Maharashtra, India
Key Offering: Technical Grade Oxalic Acid, Custom Chemical Formulations

Radiant Industrial Solutions has carved a niche in the oxalic acid market through its customized chemical solutions and reliable supply chain management. The company serves diverse industrial clients with tailored oxalic acid products designed for specific applications and processing requirements.

Production Capacity & Innovation:

• Flexible manufacturing capabilities for custom formulations

• Strong logistics network ensuring timely deliveries

• Technical support services for application optimization

---

5️⃣ 6. Uranus Chemicals

Headquarters: Kolkata, West Bengal, India
Key Offering: Industrial Oxalic Acid, Chemical Intermediates

Uranus Chemicals maintains a significant presence in the Eastern Indian chemical market with its comprehensive oxalic acid production facilities. The company focuses on serving regional industrial customers while gradually expanding its export business to international markets.

Production Capacity & Innovation:

• Established production facilities with consistent output quality

• Strategic location advantages for serving Eastern India and export markets

• Continuous process improvements for enhanced efficiency

---

4️⃣ 7. Oxaquim S.A.

Headquarters: Santiago, Chile
Key Offering: South American Oxalic Acid, Mining Chemicals

Oxaquim stands as the primary oxalic acid supplier in South America, specializing in products tailored for the region’s extensive mining industry. The company’s strategic location allows it to efficiently serve mining operations throughout Chile, Peru, and Argentina with high-quality oxalic acid for mineral processing applications.

Production Capacity & Innovation:

• Specialized formulations for mining and mineral extraction processes

• Strong regional distribution network across South America

• Technical expertise in mining chemical applications

Download FREE Sample Report:
Oxalic Acid Market – View in Detailed Research Report

---

3️⃣ 8. Fengyuan Chemical Co., Ltd.

Headquarters: Zibo, Shandong, China
Key Offering: High-Purity Oxalic Acid, Chemical Intermediates

Fengyuan Chemical has established itself as a significant player in China’s chemical industry with advanced oxalic acid production capabilities. The company leverages China’s strong chemical manufacturing infrastructure to produce cost-effective oxalic acid for both domestic consumption and international export markets.

Production Capacity & Innovation:

• Modern production facilities utilizing efficient manufacturing processes

• Growing export business to European and Asian markets

• Investment in quality control systems for consistent product standards

---

2️⃣ 9. Hualu-Hengsheng Chemical Co., Ltd.

Headquarters: Dezhou, Shandong, China
Key Offering: Bulk Oxalic Acid, Chemical Raw Materials

Hualu-Hengsheng Chemical operates large-scale chemical production facilities that include significant oxalic acid capacity. The company benefits from vertical integration and economies of scale, allowing it to compete effectively in both price-sensitive and quality-focused market segments.

Production Capacity & Innovation:

• Integrated chemical production complex with multiple product lines

• Cost advantages through scale and process optimization

• Strong domestic market presence with expanding international reach

---

1️⃣ 10. Star Oxochem Limited

Headquarters: Mumbai, Maharashtra, India
Key Offering: Specialty Oxalic Acid, Custom Chemical Solutions

Star Oxochem completes our list with its focused approach to oxalic acid production and distribution. The company has developed expertise in serving niche applications and custom formulations, positioning itself as a reliable supplier for clients with specific chemical requirements.

Production Capacity & Innovation:

• Specialization in customized oxalic acid formulations

• Agile manufacturing approach for specialty applications

• Growing reputation for reliability and customer service

Get Full Report Here:
Oxalic Acid Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Oxalic Acid Is Diverse and Application-Driven

The oxalic acid market is undergoing significant transformation as new applications emerge and traditional uses evolve. While industrial applications continue to dominate consumption patterns, the fastest growth is occurring in high-value specialty segments including pharmaceuticals, electronics, and energy storage technologies.

📈 Key Trends Shaping the Market:

• Rapid expansion in lithium battery production driving demand for high-purity oxalic acid

• Increasing pharmaceutical applications accounting for 24% of total consumption

• Sustainable production methods gaining traction, with carbohydrate oxidation representing 60% of manufacturing

• Asia-Pacific consolidation, with China producing 65% of global supply

Get Full Report Here:
Oxalic Acid Market – View in Detailed Research Report

The companies profiled above are not only supplying essential industrial chemicals—they’re driving innovation and specialization across multiple global industries.