Global Glycolic Acid Market Research Report 2023(Status and Outlook)

Global Glycolic Acid Market Research Report 2023(Status and Outlook)



Report Overview

Glycolic acid is an alpha-hydroxy acid (AHA), which is colorless, odorless, and highly soluble in alcohol. It is also derived from fruit and milk sugars. It is synthesized from ethylene glycol-oxidizing microorganisms. Glycolic acid contains a keratolytic, germinative layer and produces a fibroblast stimulating action. Its chemical formula is C2H4O3.

Rising awareness regarding skincare and hair care along with growth in personal care products are some of the prominent trends and drivers supporting the growth of global glycolic acid market. Furthermore, increasing demand for skin lightning and anti-aging products from youth population boost the skincare ingredients market. Moreover, the global glycolic acid market is propelling with the increasing spending on household cleaning. Naturally processed glycolic acid has surpassed the production of chemically processed glycolic acid, which is likely to affect the growth of the market over the forecast period, positively. However, stringent regulation regarding the concentration of glycolic acid in personal care products and availability & development of substitute such as salicylic acid are expected to hinder the market growth during the review period.

The Global Glycolic Acid Market Size was estimated at USD 215.30 million in 2022 and is projected to reach USD 319.48 million by 2029, exhibiting a CAGR of 5.80% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Glycolic Acid market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Glycolic Acid Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Glycolic Acid market in any manner.

Global Glycolic Acid Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

CrossChem

Phibro Animal Health Corporation

SimcoQC

The Chemours Company

Zhonglan Industry

Market Segmentation (by Type)

Natural

Synthetic

Market Segmentation (by Application)

Factory

Building

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Glycolic Acid Market

Overview of the regional outlook of the Glycolic Acid Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Glycolic Acid
1.2 Key Market Segments
1.2.1 Glycolic Acid Segment by Type
1.2.2 Glycolic Acid Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Glycolic Acid Market Overview
2.1 Global Market Overview
2.1.1 Global Glycolic Acid Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Glycolic Acid Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Glycolic Acid Market Competitive Landscape
3.1 Global Glycolic Acid Sales by Manufacturers (2018-2023)
3.2 Global Glycolic Acid Revenue Market Share by Manufacturers (2018-2023)
3.3 Glycolic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Glycolic Acid Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Glycolic Acid Sales Sites, Area Served, Product Type
3.6 Glycolic Acid Market Competitive Situation and Trends
3.6.1 Glycolic Acid Market Concentration Rate
3.6.2 Global 5 and 10 Largest Glycolic Acid Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Glycolic Acid Industry Chain Analysis
4.1 Glycolic Acid Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Glycolic Acid Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Glycolic Acid Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Glycolic Acid Sales Market Share by Type (2018-2023)
6.3 Global Glycolic Acid Market Size Market Share by Type (2018-2023)
6.4 Global Glycolic Acid Price by Type (2018-2023)
7 Glycolic Acid Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Glycolic Acid Market Sales by Application (2018-2023)
7.3 Global Glycolic Acid Market Size (M USD) by Application (2018-2023)
7.4 Global Glycolic Acid Sales Growth Rate by Application (2018-2023)
8 Glycolic Acid Market Segmentation by Region
8.1 Global Glycolic Acid Sales by Region
8.1.1 Global Glycolic Acid Sales by Region
8.1.2 Global Glycolic Acid Sales Market Share by Region
8.2 North America
8.2.1 North America Glycolic Acid Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Glycolic Acid Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Glycolic Acid Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Glycolic Acid Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Glycolic Acid Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 CrossChem
9.1.1 CrossChem Glycolic Acid Basic Information
9.1.2 CrossChem Glycolic Acid Product Overview
9.1.3 CrossChem Glycolic Acid Product Market Performance
9.1.4 CrossChem Business Overview
9.1.5 CrossChem Glycolic Acid SWOT Analysis
9.1.6 CrossChem Recent Developments
9.2 Phibro Animal Health Corporation
9.2.1 Phibro Animal Health Corporation Glycolic Acid Basic Information
9.2.2 Phibro Animal Health Corporation Glycolic Acid Product Overview
9.2.3 Phibro Animal Health Corporation Glycolic Acid Product Market Performance
9.2.4 Phibro Animal Health Corporation Business Overview
9.2.5 Phibro Animal Health Corporation Glycolic Acid SWOT Analysis
9.2.6 Phibro Animal Health Corporation Recent Developments
9.3 SimcoQC
9.3.1 SimcoQC Glycolic Acid Basic Information
9.3.2 SimcoQC Glycolic Acid Product Overview
9.3.3 SimcoQC Glycolic Acid Product Market Performance
9.3.4 SimcoQC Business Overview
9.3.5 SimcoQC Glycolic Acid SWOT Analysis
9.3.6 SimcoQC Recent Developments
9.4 The Chemours Company
9.4.1 The Chemours Company Glycolic Acid Basic Information
9.4.2 The Chemours Company Glycolic Acid Product Overview
9.4.3 The Chemours Company Glycolic Acid Product Market Performance
9.4.4 The Chemours Company Business Overview
9.4.5 The Chemours Company Glycolic Acid SWOT Analysis
9.4.6 The Chemours Company Recent Developments
9.5 Zhonglan Industry
9.5.1 Zhonglan Industry Glycolic Acid Basic Information
9.5.2 Zhonglan Industry Glycolic Acid Product Overview
9.5.3 Zhonglan Industry Glycolic Acid Product Market Performance
9.5.4 Zhonglan Industry Business Overview
9.5.5 Zhonglan Industry Glycolic Acid SWOT Analysis
9.5.6 Zhonglan Industry Recent Developments
10 Glycolic Acid Market Forecast by Region
10.1 Global Glycolic Acid Market Size Forecast
10.2 Global Glycolic Acid Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Glycolic Acid Market Size Forecast by Country
10.2.3 Asia Pacific Glycolic Acid Market Size Forecast by Region
10.2.4 South America Glycolic Acid Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Glycolic Acid by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Glycolic Acid Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Glycolic Acid by Type (2024-2029)
11.1.2 Global Glycolic Acid Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Glycolic Acid by Type (2024-2029)
11.2 Global Glycolic Acid Market Forecast by Application (2024-2029)
11.2.1 Global Glycolic Acid Sales (K MT) Forecast by Application
11.2.2 Global Glycolic Acid Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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