Glycolic Acid Market Size, Share, Global Outlook and Forecast 2023-2029
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The global Glycolic Acid market was valued at US$ 221.6 million in 2022 and is projected to reach US$ 323.4 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
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This report aims to provide a comprehensive presentation of the global market for Glycolic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glycolic Acid. This report contains market size and forecasts of Glycolic Acid in global, including the following market information:
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.
We surveyed the Glycolic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Glycolic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Glycolic Acid Market Segment Percentages, by Type, 2022 (%)
Global Glycolic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Glycolic Acid Market Segment Percentages, by Application, 2022 (%)
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Global Glycolic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Glycolic Acid Market Segment Percentages, By Region and Country, 2022 (%)
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Competitor Analysis
The report also provides analysis of leading market participants including:
?key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Glycolic Acid, market overview.
Chapter 2: Global Glycolic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Glycolic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Glycolic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Glycolic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Glycolic Acid Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Glycolic Acid Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Glycolic Acid Overall Market Size 2.1 Global Glycolic Acid Market Size: 2022 VS 2029 2.2 Global Glycolic Acid Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Glycolic Acid Sales: 2018-2029 3 Company Landscape 3.1 Top Glycolic Acid Players in Global Market 3.2 Top Global Glycolic Acid Companies Ranked by Revenue 3.3 Global Glycolic Acid Revenue by Companies 3.4 Global Glycolic Acid Sales by Companies 3.5 Global Glycolic Acid Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Glycolic Acid Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Glycolic Acid Product Type 3.8 Tier 1, Tier 2 and Tier 3 Glycolic Acid Players in Global Market 3.8.1 List of Global Tier 1 Glycolic Acid Companies 3.8.2 List of Global Tier 2 and Tier 3 Glycolic Acid Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Glycolic Acid Market Size Markets, 2022 & 2029 4.1.2 Natural 4.1.3 Synthetic 4.2 By Ty
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