Glycolic Acid Market Status, Key Vendors Analysis and Regional Outlook 2021-2024

29th Jan 2021 - 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.

Access Glycolic Acid Market Report with TOC @ https://www.millioninsights.com/industry-reports/glycolic-acid-market

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.

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.

Glycolic Acid Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • Italy

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa

        • South Africa

Request a Sample Copy of Glycolic Acid Market Report @ https://www.millioninsights.com/industry-reports/glycolic-acid-market/request-sample

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Glycolic Acid Industry Outlook

Chapter 4. Glycolic Acid Application Outlook

Chapter 5. Glycolic Acid Regional Outlook

Chapter 6. Competitive Landscape

Comments

Post a Comment

Popular posts from this blog

Spinal Implants & Devices Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2023 – 2030

  Spinal Implants & Devices Industry Overview The global  Spinal Implants & Devices Market  size is expected to reach USD 19.0 billion by 2030 and is expected to expand at a CAGR of 5.2% in the forecast period, from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing number of vehicular accidents is leading to increasing new cases of spinal cord injuries (SCIs). Other causes of SCIs include falls, violence, acts of violence, sports and recreation injuries, and diseases. Vehicular or road accidents and falls account for the majority of SCI cases. Fall-induced SCI is common among people aged 65 years and above. Acts of violence such as gunshot wounds or knife wounds account for around 12% of SCI cases. Sports activities such as diving in shallow water and impact sports lead to nearly 10% of SCIs. Cancer, osteoporosis, arthritis, and inflammation of the spinal cord also cause SCI. Based on National Spinal Cord Injury Statistical Center da...
Read more

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Overview, Cost Structure Analysis and Forecast to 2030

  Latin America Pharmaceutical Contract Manufacturing & Research Services Industry Overview The  Latin America Pharmaceutical Contract Manufacturing & Research Services Market  size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.5% from 2022 to 2030. The low cost of drug registration in Latin American countries and the economic growth are the key factors contributing to progress in this region. Moreover, factors such as the growing demand for generics, rising investments in R&D, the growing geriatric population, and the increasing burden of chronic diseases are responsible for market growth. The outbreak of COVID-19 has boosted the market growth as companies have increased investments in R&D and manufacturing to develop vaccines and drugs against the COVID-19. During the coronavirus outburst, the supply chains of biopharmaceutical companies remained robust...
Read more

Europe Orthopedic Navigation Systems Market - Global Industry Insights, Trends and Growth Opportunity Analysis to 2030

  Europe Orthopedic Navigation Systems Industry Overview The  Europe Orthopedic Navigation Systems Market  size is expected to reach USD 2,504.4 million by 2030, according to a new report published by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.8% from 2023 to 2030. The rising number of target diseases especially in the geriatric population is responsible for the rapid growth of the market. According to the Executive Agency for Health and Consumers, one in ten people in the geriatric population in Europe is suffering from osteoarthritis. Minimal invasion and low post-operative complications associated with computer-assisted surgery are anticipated to drive regional market growth over the forecast period. Moreover, the introduction of technologically advanced products is expected to induce demand for  orthopedic navigation systems . For instance, Orthokey Italia developed a new version of KiRA system integrating it with the iPad to ...
Read more