Global Glycolic Acid Market Analysis 2022

Global Glycolic Acid Market Analysis 2022

The Global Glycolic Acid Market is expected to reach $482.40 million by 2028 growing at a CAGR of 7.2% from 2021 to 2028. Glycolic acid is a plant-driven substance that is clinically proven to be an effective skin treatment solution. It belongs to a group of active compounds known as AHAs (alpha hydroxyl acids), which are primarily found in vegetables and fruits such as sugarcane, pineapple, unripe grapes, etc. Glycolic acid possesses the smallest molecules in the group; this enables quick and easy penetration of human skin. This substance has anti-aging properties and is safe to use on sensitive skin.

Factors such as growing glycolic acid consumption in varied applications and increasing demand for biodegradable polymers are driving the growth of the market. However, stringent regulations regarding usage of glycolic acid and skin problems associated with glycolic acid-based cosmetic products are restraining the growth of the market.

Based on grade, the cosmetic grade segment is going to have a lucrative growth during the forecast period which can be attributed to the increase in global average disposable income accompanied by a surge in the standard of livings. Owing to its high transparency, which is similar to that of glass, amorphous PET is utilized in the manufacture of bottles and packaging. The use of cosmetic grade glycolic acid in different skincare creams and lotions as an active ingredient helps in reducing the effects of irregular pigmentation, age spots, enlarged pores, and fine lines.

The key vendors mentioned are CABB Group GmbH, Cangzhou Goldlion Chemicals Co Ltd, China Petrochemical Corporation, Hangzhou Lingrui Chemical Co Ltd, Hebei Chengxin Co Ltd, Hefei TNJ Chemical Industry Co Ltd, Mehul Dye Chem Industries, Phibro Animal Health Corp, Sancaiindustry, The Chemours Company, Velocity Chemicals Ltd, Water Chemical Co., Ltd, Wuhan Biocar Bio-Pharm Co Ltd, Xinhua Pharm, and Zhonglan Industry Co., Ltd.

Types Covered:

  • Hydroxyacetic Acid
  • Glycolic Acid Solution
  • Glycolic Acid Solid
Grades Covered:
  • Cosmetic Grade
  • Technical Grade
  • Industrial Grade
  • Medical Grade
Purities Covered:
  • Glycolic Acid 30%
  • Glycolic Acid 70%
  • Glycolic Acid 99%
Applications Covered:
  • Personal Care & Dermatology
  • Textile
  • Household
  • Food Processing
  • Pharmaceutical
  • Plant Growth Stimulation
  • Polyglycolic Acid [PGA] Manufacturing
  • Cleaning Agent
  • Oil & Gas
  • Electronics
  • Leather Dyeing & Tanning
Regions Covered:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Key Questions Answered in this Report:
  • How this market evolved since the year 2020
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period


1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Glycolic Acid Market, By Type
5.1 Introduction
5.2 Hydroxyacetic Acid
5.3 Glycolic Acid Solution
5.4 Glycolic Acid Solid
6 Global Glycolic Acid Market, By Grade
6.1 Introduction
6.2 Cosmetic Grade
6.3 Technical Grade
6.4 Industrial Grade
6.5 Medical Grade
7 Global Glycolic Acid Market, By Purity
7.1 Introduction
7.2 Glycolic Acid 30%
7.3 Glycolic Acid 70%
7.4 Glycolic Acid 99%
8 Global Glycolic Acid Market, By Application
8.1 Introduction
8.2 Personal Care & Dermatology
8.3 Textile
8.4 Household
8.5 Food Processing
8.6 Pharmaceutical
8.7 Plant Growth Stimulation
8.8 Polyglycolic Acid [PGA] Manufacturing
8.9 Cleaning Agent
8.10 Oil & Gas
8.11 Electronics
8.12 Leather Dyeing & Tanning
9 Global Glycolic Acid Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Strategic Benchmarking
11 Vendors Landscape
11.1 CABB Group GmbH
11.2 Cangzhou Goldlion Chemicals Co Ltd
11.3 China Petrochemical Corporation
11.4 Hangzhou Lingrui Chemical Co Ltd
11.5 Hebei Chengxin Co Ltd
11.6 Hefei TNJ Chemical Industry Co Ltd
11.7 Mehul Dye Chem Industries
11.8 Phibro Animal Health Corp
11.9 Sancaiindustry
11.10 The Chemours Company
11.11 Velocity Chemicals Ltd
11.12 Water Chemical Co., Ltd
11.13 Wuhan Biocar Bio-Pharm Co Ltd
11.14 Xinhua Pharm
11.15 Zhonglan Industry Co., Ltd
List of Data Tables
Table 1 Global Glycolic Acid Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Glycolic Acid Market Outlook, By Type (2020-2028) ($MN)
Table 3 Global Glycolic Acid Market Outlook, By Hydroxyacetic Acid (2020-2028) ($MN)
Table 4 Global Glycolic Acid Market Outlook, By Glycolic Acid Solution (2020-2028) ($MN)
Table 5 Global Glycolic Acid Market Outlook, By Glycolic Acid Solid (2020-2028) ($MN)
Table 6 Global Glycolic Acid Market Outlook, By Grade (2020-2028) ($MN)
Table 7 Global Glycolic Acid Market Outlook, By Cosmetic Grade (2020-2028) ($MN)
Table 8 Global Glycolic Acid Market Outlook, By Technical Grade (2020-2028) ($MN)
Table 9 Global Glycolic Acid Market Outlook, By Industrial Grade (2020-2028) ($MN)
Table 10 Global Glycolic Acid Market Outlook, By Medical Grade (2020-2028) ($MN)
Table 11 Global Glycolic Acid Market Outlook, By Purity (2020-2028) ($MN)
Table 12 Global Glycolic Acid Market Outlook, By Glycolic Acid 30% (2020-2028) ($MN)
Table 13 Global Glycolic Acid Market Outlook, By Glycolic Acid 70% (2020-2028) ($MN)
Table 14 Global Glycolic Acid Market Outlook, By Glycolic Acid 99% (2020-2028) ($MN)
Table 15 Global Glycolic Acid Market Outlook, By Application (2020-2028) ($MN)
Table 16 Global Glycolic Acid Market Outlook, By Personal Care & Dermatology (2020-2028) ($MN)
Table 17 Global Glycolic Acid Market Outlook, By Textile (2020-2028) ($MN)
Table 18 Global Glycolic Acid Market Outlook, By Household (2020-2028) ($MN)
Table 19 Global Glycolic Acid Market Outlook, By Food Processing (2020-2028) ($MN)
Table 20 Global Glycolic Acid Market Outlook, By Pharmaceutical (2020-2028) ($MN)
Table 21 Global Glycolic Acid Market Outlook, By Plant Growth Stimulation (2020-2028) ($MN)
Table 22 Global Glycolic Acid Market Outlook, By Polyglycolic Acid [PGA] Manufacturing (2020-2028) ($MN)
Table 23 Global Glycolic Acid Market Outlook, By Cleaning Agent (2020-2028) ($MN)
Table 24 Global Glycolic Acid Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 25 Global Glycolic Acid Market Outlook, By Electronics (2020-2028) ($MN)
Table 26 Global Glycolic Acid Market Outlook, By Leather Dyeing & Tanning (2020-2028) ($MN)
Table 27 North America Glycolic Acid Market Outlook, By Type (2020-2028) ($MN)
Table 28 North America Glycolic Acid Market Outlook, By Grade (2020-2028) ($MN)
Table 29 North America Glycolic Acid Market Outlook, By Purity (2020-2028) ($MN)
Table 30 North America Glycolic Acid Market Outlook, By Application (2020-2028) ($MN)
Table 31 Europe Glycolic Acid Market Outlook, By Type (2020-2028) ($MN)
Table 32 Europe Glycolic Acid Market Outlook, By Grade (2020-2028) ($MN)
Table 33 Europe Glycolic Acid Market Outlook, By Purity (2020-2028) ($MN)
Table 34 Europe Glycolic Acid Market Outlook, By Application (2020-2028) ($MN)
Table 35 Asia Pacific Glycolic Acid Market Outlook, By Type (2020-2028) ($MN)
Table 36 Asia Pacific Glycolic Acid Market Outlook, By Grade (2020-2028) ($MN)
Table 37 Asia Pacific Glycolic Acid Market Outlook, By Purity (2020-2028) ($MN)
Table 38 Asia Pacific Glycolic Acid Market Outlook, By Application (2020-2028) ($MN)
Table 39 South America Glycolic Acid Market Outlook, By Type (2020-2028) ($MN)
Table 40 South America Glycolic Acid Market Outlook, By Grade (2020-2028) ($MN)
Table 41 South America Glycolic Acid Market Outlook, By Purity (2020-2028) ($MN)
Table 42 South America Glycolic Acid Market Outlook, By Application (2020-2028) ($MN)
Table 43 Middle East & Africa Glycolic Acid Market Outlook, By Type (2020-2028) ($MN)
Table 44 Middle East & Africa Glycolic Acid Market Outlook, By Grade (2020-2028) ($MN)
Table 45 Middle East & Africa Glycolic Acid Market Outlook, By Purity (2020-2028) ($MN)
Table 46 Middle East & Africa Glycolic Acid Market Outlook, By Application (2020-2028) ($MN)

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