Glycolic Acid Market was valued at US$ 564.29 Bn. in 2021. Global Glycolic Acid Market size is expected to grow at a CAGR of 6.42 % through the forecast period.
Glycolic Acid Market Overview
The recent market report on Glycolic Acid Market MMR presents a strategic analysis that sheds light on crucial aspects such as top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. This comprehensive report serves as an effective tool to analyse the Glycolic Acid market thoroughly.
Glycolic Acid Market Report Scope and Research Methodology
The market research study on Glycolic Acid adopts a comprehensive approach, leveraging a wide range of reliable secondary sources. These sources include accredited publications, expert-authored articles, white papers, company annual reports, reputable websites, directories, and prominent databases. By extensively utilizing secondary sources, the report gathers valuable and impactful information, enabling an in-depth analysis of the global Glycolic Acid market from technical, market-oriented, and commercial perspectives.
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Glycolic Acid Market Regional Insights
The global Glycolic Acid market is segmented across North America, South America, Europe, Asia Pacific, and Middle East & Africa. With North America as the largest Glycolic Acid market, accounting for more than half of the global demand, the region houses some of the world’s leading Glycolic Acid producers and exporters.
Glycolic Acid Market Segmentation
by Grade
- Technical grade
• Pharmaceutical grade
• Industrial grade
by Application
- Personal Care & Cosmetics
• Household
• Textile
• Industrial Cleaners
• Agriculture
• Others
by Source
- Synthetic
• Natural
Based on Grade, Glycolic Acid 99 % to Produce the Highest Revenue During the Forecast Period. The market is divided into three categories based on purity: 99 percent, 70 percent, and 30 percent. Due to the growing use of this grade of hydroacetic acid in cosmetic items, 99 percent of these have the biggest market share. The primary drivers estimated to propel market growth are the rising use of hydroacetic acid of 99 percent purity in homes, pharmaceuticals, textiles, and factories.
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Glycolic Acid Market Key Players
- China Petrochemical Corporation (Sinopec Corp.), (China)
• The Chemours Company (U.S.)
• CABB Group (Germany)
• Saanvi Corp (India)
• Parchem Fine & Specialty Chemicals (U.S.)
• Water Chemical Co., Ltd (China)
• Shandong Xinhua Pharmaceutical Co., Ltd. (China)
• Mehul Dye Chem Industries (India)
• Avid Organics (India)
• Zhonglan Industry Co., Ltd. (China)
• Eastman Chemical Company (U.S.)
• Corbion (Netherlands)
• CrossChem LP (U.S)
Key questions answered in Glycolic Acid Market are:
- What was the Glycolic Acid market size in 2022?
- What is the expected Glycolic Acid market size by 2029?
- What is the growth rate of the Glycolic Acid Market?
- Which are the factors expected to drive the Glycolic Acid market growth?
- Which segment dominated the Glycolic Acid market growth?
- Which region held the largest share in the Glycolic Acid market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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