Glycolic Acid Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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Global Glycolic Acid Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Glycolic Acid Market Research Report The
latest report by IMARC, titled Glycolic Acid
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028 the
global glycolic acid market reached a value of
US 425.9 Million in 2022. 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 Free Sample
Report https//www.imarcgroup.com/glycolic-acid-m
arket/requestsample
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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 (FB) sector, are contributing the
market growth. Other factors, such as strategic
collaborations amongst key players and the
extensive investmentsin research and development
(RD) 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 642.8 Million
by 2028, growing at a CAGR of 7.15 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Source Synt
hetic Natural Breakup by Purity Level
99 Purity 70 Purity
60 Purity 30 Purity Others
Breakup by Application Personal Care
and Cosmetics Household Textil
e Food Processing Pharmaceutic
als Others

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Report Description and Highlights
Report Description
Breakup by Region North America
United States Canada
Asia-Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Europe Germany
France United K
ingdom Italy S
pain Russia Ot
hers

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Report Description and Highlights
Report Description
Latin America Brazil
Mexico Others
Middle East and Africa


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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Avid Organics CABB Group GmbH China Petrochemical
  Corporation CrossChem Limited Mehul Dye Chem Indus
  tries Merck KGaA Parchem fine and specialty chemic
  als The Chemours Company Tokyo Chemical Industry C
  o. Ltd Water Chemical Co. Ltd Zhonglan Industry Co
  . Ltd.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/glycolic-acid-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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