Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Growth 2023-2029

Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Growth 2023-2029

Hydroxyacetic acid is the smallest α-hydroxy acid with chemical formula of C2H4O3. It is colorless, odorless, and hygroscopic crystalline solid and is soluble in water, methanol, ethanol, ethyl acetate and other organic solvents, slightly soluble in ether, insoluble in hydrocarbons.

LPI (LP Information)' newest research report, the “Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Industry Forecast” looks at past sales and reviews total world Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) sales for 2023 through 2029. With Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) industry.

This Insight Report provides a comprehensive analysis of the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1).

The global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market size is projected to grow from US$ 137.2 million in 2022 to US$ 228.6 million in 2029; it is expected to grow at a CAGR of 228.6 from 2023 to 2029.

USA is the dominate country of hydroxyacetic acid, accounting for about 32% of the total amount, followed by Europe. Leading players in hydroxyacetic acid industry are Chemours, CABB, Water Chemical. Chemours is the largest manufacturer, with the production market share of about 46%. The top three companies occupied about 81% sales share of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Hydroxyacetic Acid Solid

Hydroxyacetic Acid Solution (50%-60%)

Hydroxyacetic Acid Solution (61%-70%)

Segmentation by application

Household & Institutional Cleaning

Personal Care

Biodegradable Plastic

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Chemours

CrossChem

CABB

Water Chemical

Danhua Technology

Sinopec Yangzi Petrochemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market?

What factors are driving Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market opportunities vary by end market size?

How does Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.