Friday 29 May 2020

Glycolic Acid Market to Witness a Healthy Growth During 2020 To 2025

San Francisco, 29 May 2020 — “Glycolic Acid Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and Africa), Product, By Application And Segment Forecasts To 2025”

Global Glycolic Acid Market is anticipated to reach USD 415.0 million by 2024. Glycolic acid falls in the category of alpha hydroxy acid (AHA). Glycolic acid is colorless, odorless, hygroscopic crystalline solid. Additionally, the glycolic acid is water-soluble. Glycolic acid is found in pineapple, unripe grapes, sugarcane, sugar beets, and cantaloupe.


The factors that propel the growth of the Glycolic Acid Market include increasing demand from personal care and cosmetic industry, glycolic acid aids in reducing facial scars, marks, and age associated fine lines. On the other hand, there are factors that may hamper the growth of the market including growth of substitute products, and inhibitions with respect to hazardous nature of high absorption glycolic acid. Glycolic Acid industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Glycolic Acid industry may be explored by grade type, application, and geography. The key application that could be explored in the Glycolic Acid Market include Household, Personal Care, Industrial, and Others. The “Personal Care” segment led the Glycolic Acid industry in 2016 and is anticipated to maintain its dominance by 2024 due to growing demand for glycolic acid based products for hair nourishment and scalp treatment. The market could be explored based on Grade type as Pharmaceutical Grade, Industrial Grade, and Technical Grade.

Asia-Pacific accounted for the major share of the Glycolic Acid Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes increasing demand for anti-ageing products because of a rising aged population base, and production of a huge number of skincare and haircare markets.

Some of the key players that fuel the growth of the Glycolic Acid industry comprise Phorbol Animal Health Corporation, Parchem, Griffin International, Kureha Corporation, The Chemours Company, SimcoQC, Vornia Biomaterials, CrossChem LP, Zhonglan Industry Co, and DuPont. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

This research report offers a comprehensive analysis of key elements of the Glycolic Acid Market such as potential top key Manufacturers along with their strengths and weaknesses. The Glycolic Acid Market report also comprises some useful strategies and scenario for the new players in the market. While forecasting the growth of the global Glycolic Acid market, various statistical tools were utilized to get an accurate result of the Demographic data.

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Table of Contents

Chapter 1 Glycolic Acid Market Overview

1.1 Glycolic Acid Definition

1.2 Glycolic Acid Market Size Status and Outlook (2013-2028)

1.3 Global Glycolic Acid Market Size Comparison by Region (2013-2028)

1.4 Global Glycolic Acid Market Size Comparison by Type (2013-2028)

1.5 Global Glycolic Acid Market Size Comparison by Application (2013-2028)

1.6 Global Glycolic Acid Market Size Comparison by Sales Channel (2013-2028)

1.7 Glycolic Acid Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/ Expansion)

Chapter 2 Glycolic Acid Market Segment Analysis by Player

Chapter 3 Glycolic Acid Market Segment Analysis by Type

And Continue…

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