The global demand for Glycolic Acid Market is presumed to reach the market size of nearly USD 820.95 Million by 2032 from USD 403.9 Million in 2023 with a CAGR of 8.2% under the study period 2024 - 2032.. Regarding volume, the was calculated XX Tons in 2023 and forecast to touch XX Tons by 2032 with a CAGR of XX% during 2024-2032.
Glycolic acid is a naturally occurring substance, derived from plants such as sugarcane, pineapple, and sugar beets. Glycolic acid is an exfoliant. Since this ingredient is safe to be used on sensitive skin, glycolic acid is increasingly being used in anti-ageing products and cosmetics. The huge preference of cosmetic grade glycolic acid in personal care and cosmetics products used to treat skin problems including fine lines, irregular pigmentation and enlarged pores along with unique advantages in hair care with the proven benefits of hair moisturization, softness, strength, and others are expected to drive the cosmetic grade glycolic acid demand in future.
Market Dynamics
Rising demand from the cosmetic and personal care industry is the major driver of the global glycolic acid market. Growing applications of glycolic acid in the textile industry for dyeing and finishing is also boosting the demand for glycolic acid. In addition, product properties, such as excellent water solubility and a high degree of acidity, make it an ideal choice for creams and ointments for wrinkle treatment and scar removal.
Apart from these household and industrial cleaners are also major consumers of glycolic acid the expansion of which is witnessed in developing regions owing to economic development, rising population, growing per capita income and increasing standards of living thus contributing to the development of the glycolic acid market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Glycolic acid.
Market Segmentation
The entire Glycolic acid market has been sub-categorized into grade and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Grade
By Application
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Glycolic acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Glycolic Acid Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Glycolic Acid market include The Chemours Company, Phibro Animal Health Corporation, CABB Group GmbH, and China Petroleum & Chemical Corporation (SINOPEC). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1. PREFACE
1.1. Report Description
1.1.1 Objective
1.1.2 Target Audience
1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1 Market Research Process
1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3. GLYCOLIC ACID – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Grade
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1 List of Raw Materials
4.2.2 Raw Material Manufactures List
4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1 Direct Marketing
4.4.2 Indirect Marketing
4.4.3 Marketing Channel Development Trend
5. GLOBAL GLYCOLIC ACID MARKET ANALYSIS BY GRADE
5.1. Overview By Grade
5.2. Historical and Forecast Data
5.3. Analysis By Grade
5.4. ≤68% Historic and Forecast Sales By Regions
5.5. 70% Historic and Forecast Sales By Regions
5.6. ≥99 Historic and Forecast Sales By Regions
6. GLOBAL GLYCOLIC ACID MARKET ANALYSIS BY APPLICATION
6.1. Overview By Application
6.2. Historical and Forecast Data
6.3. Analysis By Application
6.4. Personal Care & Cosmetics (Hair Care, Skin Care, Others (Including Nail Care, Dental Care)) Historic and Forecast Sales By Regions
6.5. Plant Growth Stimulation Historic and Forecast Sales By Regions
6.6. Food Flavoring & Preservation Historic and Forecast Sales By Regions
6.7. PGA Manufacturing Historic and Forecast ...
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