Global Glycolic Acid Market is Driven by Increasing Applications in Cosmetics Industry

Glycolic Acid Market is estimated to grow at 9.30% for 2020-2027 with factor such as increasing problems related to skin will hinder the growth of the market in emerging economies.

Glycolic acid market has shown an exceptional penetration in developed economies in Europe. Growing preferences towards acne removal and anti-aging cream which will help in driving the growth of the market. 

Glycolic Acid Market Scenario

According to Data Bridge Market Research the glycolic acid market is witnessing a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as growing applications from emerging economies, technological advancement along with rising demand of biodegradable polymers which will help in boosting the growth of the market.

Now the question is which are the other regions that glycolic acid market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific glycolic acid market in the forecast period of 2020-2027. The Data bridge market research new reports highlight the major growth factors and opportunities in the glycolic acid market.

For more analysis on the glycolic acid market request for a briefing with our analysts

Glycolic Acid Market Development in 2020

  • In May 2020, Sunday Riley announced the launch of second version of the popular exfoliating treatment with glycolic acid for skin care savvy clients in the U.S., the product has several beneficial skin related properties such as for acne prone skin, sensitive and for oily skin and other skin type as well. 

Scope of the Glycolic Acid Market

Glycolic acid market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the glycolic acid market is further analyzed based on maximum granularity into further segmentation. On the basis of grade, the market is segmented into technical grade, pharmaceutical grade, and industrial grade. The applications covered for the report are personal care & dermatology, industrial, household, tanning & dyeing, agriculture, adhesive, medical and food.
  • Glycolic acid belongs to the family of alpha hydroxy acid (AHA) is a highly soluble in aqueous solution found in colorless, odorless and hygroscopic crystalline solid form. Growing usages in various applications such as industrial, tanning & dyeing, medical, food, and personal care.  

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Key Pointers Covered in the Glycolic Acid Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Merck KGaA
  • The Chemours Company
  • CABB GmbH
  • China Petrochemical Corporation
  • Water Chemical Co., Ltd
  • Zhonglan Industry Co.,Ltd.
  • Shandong Xinhua Pharma
  • Phibro Animal Health Corporation
  • HeBei ChengXin
  • Hefei TNJ Chemical Industry Co.,Ltd.
  • Avid Organics
  • Jiaxing Jlight Chemicals Co., Ltd.
  • Taida Sinopec CO.,Ltd
  • CrossChem LP
  • Sancaiindustry
  • Mehul Dye Chem Industries
  • Siddharth Chlorochem
  • Velocity Chemicals Ltd.
  • Tokyo Chemical Industry Co., Ltd.
  • Parchem fine & speciality chemicals

Above are the key players covered in the report, to know about more and exhaustive list of Glycolic Acid companies contact us

Research Methodology: Global Glycolic Acid Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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