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The global glycolic acid market reached a value of US$ 398 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 599 Million by 2027, exhibiting a CAGR of 7.28% during 2022-2027.<br>More info:- https://www.imarcgroup.com/glycolic-acid-market
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Global Glycolic Acid Market Research and Forecast Report 2022- 2027 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Glycolic Acid Market Research Report 2022-2027: According to the latest report by IMARC Group, titled “Glycolic Acid: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global glycolic acid market reached a value of US$ 398 Million in 2021. Glycolic acid (C2H4O3) is a colourless, non-volatile, water-soluble alpha hydroxy acid (AHA), which is derived from various plant-based substances, including unripe grapes, sugar beets, and pineapple. It possesses antioxidant and anti-aging properties and keratolytic compounds that assist in removing dead skin cells, minimizing existing wrinkles and fine lines, fading hyperpigmentation, smoothing complexion, and offering increased penetration of ingredients. Consequently, glycolic acid is extensively used as an exfoliant and prime ingredient in multiple personal care and cosmetic products, such as face masks, serums, moisturizers, and cleansers. Apart from this, glycolic acid is employed as a key agent in multiple applications, including printing, dyeing, tanning, manufacturing adhesives, flavouring agent, and oils. Request market/requestsample for a PDF sample of this report: https://www.imarcgroup.com/glycolic-acid-
Report Description and Highlights Report Description Global Glycolic Acid Market Trends: The increasing demand for natural cosmetic products to treat various skin-related problems has facilitated the widespread incorporation of glycolic acid in several over-the-counter (OTC) products, including lotions, creams, and sunscreens. This represents a prime factor currently driving the market growth. This is further supported by the growingcelebrity endorsements, social media influences, inflating income levels of consumers residing in emerging economies, and the rising self- care consciousness and awareness regarding the various beneficial properties of glycolic acid. Moreover, the increasing need for biodegradable and non-volatile cleansing solutions, such as glycolic acid, as an economical cleaning agent in the petroleum-refining industry to enhance the scraping procedure is acting as another growth-inducing factor. In line with this, favorable initiatives undertaken bygovernments of different nations to promote the uptake of natural preservatives, ingredients, flavoring agents, and packaging materials in the food and beverage (F&B) sector, are contributing the market growth.
Report Description and Highlights Report Description Other factors, such as strategic collaborations amongst key players and the extensive investmentsin research and development (R&D) activities facilitating the utilization of glycolic acid to engineer biomedical devices, such as meshes and implants, are creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 599 Million by 2027, growing at a CAGR of 7.28% during 2022-2027 View Report TOC, Figures and Tables: https://www.imarcgroup.com/glycolic-acid-market
Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Purity Level: •99% Purity •70% Purity •60% Purity •30% Purity •Others Breakup by Application: •Personal Care and Cosmetics •Household •Textile •Food Processing •Pharmaceuticals •Others
Report Description and Highlights Report Description Breakup by Source: •Synthetic •Natural Breakup by Region: •North America •Asia Pacific •Europe •Latin America •Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: •Avid Organics •CABB Group GmbH •China Petrochemical Corporation •CrossChem Limited •Mehul Dye Chem Industries •Merck KGaA •Parchem fine and specialty chemicals •The Chemours Company •Tokyo Chemical Industry Co. Ltd •Water Chemical Co. Ltd •Zhonglan Industry Co. Ltd.
Key Questions Answered in the Report Report Description 1. How has the global glycolic acid market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global glycolic acid market? What are the key regional markets? What is the breakup of the market based on the source? What is the breakup of the market based on the purity level? What is the breakup of the market based on the application? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global glycolic acid market and who are the key players? 10. What is the degree of competition in the industry? 2. 3. 4. 5. 6. 7. 8. 9.
Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Glycolic Acid Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
Report DescriptionTable of Contents 6 Market Breakup by Source 6.1 Synthetic 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Natural 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Purity Level 7.1 99% Purity 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 70% Purity 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 60% Purity 7.3.1 Market Trends 7.3.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/glycolic-acid-market/toc
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Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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