Global Glycolic Acid Size, Share & Trends Analysis Report By Grade (Technical Grade and Cosmetic Grade), By Application (Personal Care & Dermatology, Industrial, Household and Others), By Regional Outlook and Forecast, 2023 - 2030

Global Glycolic Acid Size, Share & Trends Analysis Report By Grade (Technical Grade and Cosmetic Grade), By Application (Personal Care & Dermatology, Industrial, Household and Others), By Regional Outlook and Forecast, 2023 - 2030


The Global Glycolic Acid Market size is expected to reach $531 million by 2030, rising at a market growth of 6.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 84,391.4 tonnes, experiencing a growth of 6.0% (2019-2022).

The North American skincare and cosmetics industry has witnessed a surge in demand for glycolic acid products. Therefore, the North America region acquired $94,682.1 revenue in 2022. The cosmetics industry in Canada may offer a range of glycolic acid-based peeling products, providing consumers with options for achieving smoother and more rejuvenated skin.

Sustainable glycolic acid production methods typically reduce environmental footprint, including lower greenhouse gas emissions and energy consumption. Thus, because of the global demand for sustainable solutions, the market is anticipated to increase significantly.

Additionally, Wastewater treatment often requires precise pH control for optimal performance. Glycolic acid is an effective pH adjuster, stabilizing and maintaining the desired pH levels in wastewater treatment processes. Hence, increasing wastewater treatment has been a pivotal factor in driving the growth of the market.

However, Glycolic acid is produced using particular raw materials. Shortages and adverse effects on the overall production capacity of glycolic acid may result from disruptions in the supply of these basic materials, which natural disasters, geopolitical events, or other determinants may cause. Thus, lack of supply chain disruptions can slow down the growth of the market.

By Grade Analysis

By grade, the market is categorized into cosmetic grade, and technical grade. The cosmetic grade segment covered 43% revenue share in the market in 2022. Cosmetic grade glycolic acid is widely used in exfoliating products such as cleansers, toners, and peels. These formulations are designed to hydrate the skin while delivering glycolic acid’s exfoliating and renewing effects.

By Application Analysis

Based on application, the market is classified into personal care & dermatology, industrial, household, and others. In 2022, the personal care & dermatology segment witnessed 53% revenue share in the market. Consumers can choose from various products, including cleansers, toners, serums, and masks, each containing glycolic acid at varying concentrations based on their skin needs.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the market by generating 37.4% revenue share. The expansion of e-commerce platforms in the Asia Pacific region has facilitated the accessibility of skincare products, including those containing glycolic acid.

List of Key Companies Profiled
  • The Chemours Company
  • China Petrochemical Corporation (Sinopec Group)
  • Merck KGaA
  • Shandong Xinhua Pharmaceuticals Co., Ltd.
  • Hefei TNJ Chemical Industry Co., Ltd.
  • Siddharth Chlorochem Pvt. Ltd.
  • Avid Organics Pvt. Ltd.
  • Hebei Chengxin Co., Ltd.
  • Sancai Industry Co., Ltd
  • Phibro Animal Health Corporation
Global Glycolic Acid Market Report Segmentation

By Grade (Volume, Tonnes, USD Million, 2019-2030)
  • Technical Grade
  • Cosmetic Grade
By Application (Volume, Tonnes, USD Million, 2019-2030)
  • Personal Care & Dermatology
  • Industrial
  • Household
  • Others
By Geography (Volume, Tonnes, USD Million, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Glycolic Acid Market, by Grade
1.4.2 Global Glycolic Acid Market, by Application
1.4.3 Global Glycolic Acid Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Glycolic Acid Market by Grade
4.1 Global Technical Grade Market by Region
4.2 Global Cosmetic Grade Market by Region
Chapter 5. Global Glycolic Acid Market by Application
5.1 Global Personal Care & Dermatology Market by Region
5.2 Global Industrial Market by Region
5.3 Global Household Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Glycolic Acid Market by Region
6.1 North America Glycolic Acid Market
6.1.1 North America Glycolic Acid Market by Grade
6.1.1.1 North America Technical Grade Market by Country
6.1.1.2 North America Cosmetic Grade Market by Country
6.1.2 North America Glycolic Acid Market by Application
6.1.2.1 North America Personal Care & Dermatology Market by Country
6.1.2.2 North America Industrial Market by Country
6.1.2.3 North America Household Market by Country
6.1.2.4 North America Others Market by Country
6.1.3 North America Glycolic Acid Market by Country
6.1.3.1 US Glycolic Acid Market
6.1.3.1.1 US Glycolic Acid Market by Grade
6.1.3.1.2 US Glycolic Acid Market by Application
6.1.3.2 Canada Glycolic Acid Market
6.1.3.2.1 Canada Glycolic Acid Market by Grade
6.1.3.2.2 Canada Glycolic Acid Market by Application
6.1.3.3 Mexico Glycolic Acid Market
6.1.3.3.1 Mexico Glycolic Acid Market by Grade
6.1.3.3.2 Mexico Glycolic Acid Market by Application
6.1.3.4 Rest of North America Glycolic Acid Market
6.1.3.4.1 Rest of North America Glycolic Acid Market by Grade
6.1.3.4.2 Rest of North America Glycolic Acid Market by Application
6.2 Europe Glycolic Acid Market
6.2.1 Europe Glycolic Acid Market by Grade
6.2.1.1 Europe Technical Grade Market by Country
6.2.1.2 Europe Cosmetic Grade Market by Country
6.2.2 Europe Glycolic Acid Market by Application
6.2.2.1 Europe Personal Care & Dermatology Market by Country
6.2.2.2 Europe Industrial Market by Country
6.2.2.3 Europe Household Market by Country
6.2.2.4 Europe Others Market by Country
6.2.3 Europe Glycolic Acid Market by Country
6.2.3.1 Germany Glycolic Acid Market
6.2.3.1.1 Germany Glycolic Acid Market by Grade
6.2.3.1.2 Germany Glycolic Acid Market by Application
6.2.3.2 UK Glycolic Acid Market
6.2.3.2.1 UK Glycolic Acid Market by Grade
6.2.3.2.2 UK Glycolic Acid Market by Application
6.2.3.3 France Glycolic Acid Market
6.2.3.3.1 France Glycolic Acid Market by Grade
6.2.3.3.2 France Glycolic Acid Market by Application
6.2.3.4 Russia Glycolic Acid Market
6.2.3.4.1 Russia Glycolic Acid Market by Grade
6.2.3.4.2 Russia Glycolic Acid Market by Application
6.2.3.5 Spain Glycolic Acid Market
6.2.3.5.1 Spain Glycolic Acid Market by Grade
6.2.3.5.2 Spain Glycolic Acid Market by Application
6.2.3.6 Italy Glycolic Acid Market
6.2.3.6.1 Italy Glycolic Acid Market by Grade
6.2.3.6.2 Italy Glycolic Acid Market by Application
6.2.3.7 Rest of Europe Glycolic Acid Market
6.2.3.7.1 Rest of Europe Glycolic Acid Market by Grade
6.2.3.7.2 Rest of Europe Glycolic Acid Market by Application
6.3 Asia Pacific Glycolic Acid Market
6.3.1 Asia Pacific Glycolic Acid Market by Grade
6.3.1.1 Asia Pacific Technical Grade Market by Country
6.3.1.2 Asia Pacific Cosmetic Grade Market by Country
6.3.2 Asia Pacific Glycolic Acid Market by Application
6.3.2.1 Asia Pacific Personal Care & Dermatology Market by Country
6.3.2.2 Asia Pacific Industrial Market by Country
6.3.2.3 Asia Pacific Household Market by Country
6.3.2.4 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Glycolic Acid Market by Country
6.3.3.1 China Glycolic Acid Market
6.3.3.1.1 China Glycolic Acid Market by Grade
6.3.3.1.2 China Glycolic Acid Market by Application
6.3.3.2 Japan Glycolic Acid Market
6.3.3.2.1 Japan Glycolic Acid Market by Grade
6.3.3.2.2 Japan Glycolic Acid Market by Application
6.3.3.3 India Glycolic Acid Market
6.3.3.3.1 India Glycolic Acid Market by Grade
6.3.3.3.2 India Glycolic Acid Market by Application
6.3.3.4 South Korea Glycolic Acid Market
6.3.3.4.1 South Korea Glycolic Acid Market by Grade
6.3.3.4.2 South Korea Glycolic Acid Market by Application
6.3.3.5 Singapore Glycolic Acid Market
6.3.3.5.1 Singapore Glycolic Acid Market by Grade
6.3.3.5.2 Singapore Glycolic Acid Market by Application
6.3.3.6 Malaysia Glycolic Acid Market
6.3.3.6.1 Malaysia Glycolic Acid Market by Grade
6.3.3.6.2 Malaysia Glycolic Acid Market by Application
6.3.3.7 Rest of Asia Pacific Glycolic Acid Market
6.3.3.7.1 Rest of Asia Pacific Glycolic Acid Market by Grade
6.3.3.7.2 Rest of Asia Pacific Glycolic Acid Market by Application
6.4 LAMEA Glycolic Acid Market
6.4.1 LAMEA Glycolic Acid Market by Grade
6.4.1.1 LAMEA Technical Grade Market by Country
6.4.1.2 LAMEA Cosmetic Grade Market by Country
6.4.2 LAMEA Glycolic Acid Market by Application
6.4.2.1 LAMEA Personal Care & Dermatology Market by Country
6.4.2.2 LAMEA Industrial Market by Country
6.4.2.3 LAMEA Household Market by Country
6.4.2.4 LAMEA Others Market by Country
6.4.3 LAMEA Glycolic Acid Market by Country
6.4.3.1 Brazil Glycolic Acid Market
6.4.3.1.1 Brazil Glycolic Acid Market by Grade
6.4.3.1.2 Brazil Glycolic Acid Market by Application
6.4.3.2 Argentina Glycolic Acid Market
6.4.3.2.1 Argentina Glycolic Acid Market by Grade
6.4.3.2.2 Argentina Glycolic Acid Market by Application
6.4.3.3 UAE Glycolic Acid Market
6.4.3.3.1 UAE Glycolic Acid Market by Grade
6.4.3.3.2 UAE Glycolic Acid Market by Application
6.4.3.4 Saudi Arabia Glycolic Acid Market
6.4.3.4.1 Saudi Arabia Glycolic Acid Market by Grade
6.4.3.4.2 Saudi Arabia Glycolic Acid Market by Application
6.4.3.5 South Africa Glycolic Acid Market
6.4.3.5.1 South Africa Glycolic Acid Market by Grade
6.4.3.5.2 South Africa Glycolic Acid Market by Application
6.4.3.6 Nigeria Glycolic Acid Market
6.4.3.6.1 Nigeria Glycolic Acid Market by Grade
6.4.3.6.2 Nigeria Glycolic Acid Market by Application
6.4.3.7 Rest of LAMEA Glycolic Acid Market
6.4.3.7.1 Rest of LAMEA Glycolic Acid Market by Grade
6.4.3.7.2 Rest of LAMEA Glycolic Acid Market by Application
Chapter 7. Company Profiles
7.1 The Chemours Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 China Petrochemical Corporation (Sinopec Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Research & Development Expenses
7.2.4 SWOT Analysis
7.3 Merck KGaA
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Shandong Xinhua Pharmaceutical Co. Ltd
7.4.1 Company Overview
7.5 Hefei TNJ Chemical Industry Co., Ltd.
7.5.1 Company Overview
7.6 Siddharth Chlorochem Pvt. Ltd.
7.6.1 Company Overview
7.7 Avid Organics Pvt. Ltd.
7.7.1 Company Overview
7.8 Hebei Chengxin Co., Ltd.
7.8.1 Company Overview
7.9 Sancai Industry Co., Ltd
7.9.1 Company Overview
7.10. Phibro Animal Health Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
Chapter 8. Winning Imperatives of Glycolic Acid Market

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