World Glycolic Acid Market: Industry Analysis, Size, Share, Growth, Forecast,2017–2023

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World Glycolic Acid Market Industry Analysis,
Size, Share, Growth, Forecast,20172023
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OVERVIEW World Glycolic Acid Market a group of
active compounds known as AHAs (alpha hydroxyl
acids), which are primarily found in vegetables
and fruits such as sugarcane, pineapple, unripe
grapes, etc. Glycolic acid possesses the smallest
molecules in the group this enables quick and
easy penetration of human skin. It is therefore
very effective in skin treatment and is widely
used in cosmetic formulations. Due to the
increased adoption of personal care products, the
glycolic acid market is witnessing significant
growth. Glycolic acid is also used for the
manufacturing of poly glycolic acid (PGA) and in
absorbable sutures for surgical/medical
applications. Improving healthcare standards,
particularly in emerging economies, are expected
to accelerate the demand for these sutures. This
would, in turn, boost the demand for glycolic
acid. The key players operating in this market
are Chemsolv, Inc., DuPont, Phibro Animal Health
Corporation, CrossChem LP, Parchem,
Sigma-Aldrich, Phibro Animal Health Corporation,
Griffin International Inc. and Crosschem LP. The
report forecasts the World Glycolic Acid Market
to grow at a CAGR of 12.47 during the period
2017-2023.
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Glycolic acid chemical formula C2H4O3, is the
smallest a-hydroxy acid. This colorless,
odorless, and hygroscopic crystalline solid is
highly soluble in water. It is used in various
skin-care products. Glycolic acid is found in
some sugar-crops. Formula C2H4O3 Molar
mass 76.05 g/mol IUPAC ID 2-Hydroxyethanoic
acid Related a-hydroxy acids Lactic
acid Solubility in other solvents alcohols,
acetone, acetic acid and ethyl acetate Soluble
in Water, Acetic acid, Alcohol, Acetone, Ethyl
acetate
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Growing use of the product in various
applications including personal care and
household is expected to drive demand. The
product is extensively used in the manufacturing
of cleaning agent formulations as well as skin
care creams, thus promoting its growth.
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Growing use of the product in shampoo
formulations for treatment of dandruff and hair
conditioning is expected to augment demand over
the projected period. However, availability of
alternate products such as salicylic acid coupled
with stringent regulations by bodies such as Food
and Drug Administration (FDA) limiting the
concentration of glycolic acid in personal care
products is expected to restrain growth.
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KEY BENEFITS The report provides an in-depth
analysis of the global glycolic acid market,
including information about the current market
situation, changing market dynamics, expected
trends and market intelligence The factors which
drive and impede the growth of the global
glycolic acid market are comprehensively analyzed
in this study. Porters Five Force model and
SWOT analysis of the industry illustrates the
potency of buyers and sellers operating in the
market The report contains a comprehensive study
of the key strategies adopted by companies to
gain traction in the market Micro level analysis
of the glycolic acid market is conducted based on
various applications and regions. REGIONAL
ANALYSIS The world market is divided into North
America, Europe, Asia Pacific, Latin America, and
the Middle East Africa. For More Information
visiting in https//goo.gl/E6FfUm
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KEY VENDORS IN THIS MARKET ARE - CrossChem
LP Phibro Animal Health Corporation SimcoQC The
Chemours Company Zhonglan Industry Co Other
prominent vendors in the market include Ava
Chemicals, Avid Organics, CABB, Euromi, Griffin
International, Hefei TNJ Chemical Industry,
Jlight Chemicals Company, Kureha Corporation,
Mehul Dye Chem Industries, Simco Chemicals, and
Vornia Biomaterials.
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These days, however, manufacturers often make it
synthetically. Regardless of the manufacturing
method, glycolic acid falls into a category of
effective active compounds known as alpha hydroxy
acids (AHAs). Glycolic acid sugar
cane Lactic acid milk Citric acid
oranges and lemons Malic acid apples and
pears Tartaric acids grapes Wor
ld Glycolic Acid Market description Tables,
Figures, Charts and Companies Mentioned in World
Glycolic Acid Market 2017-2023 https//goo.gl/3fgz
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