Press release
Global Glycolic Acid Market to grow at a CAGR of 11.50% during 2017-2021 | CrossChem LP, Phibro Animal Health Corporation, SimcoQC
Glycolic acid can be formed in various ways. The common approach used is the catalyzed reaction of formaldehyde with synthesis gas to produce glycolic acid, and this method is a low-cost process. It is also formed by the reaction of chloroacetic acid with sodium hydroxide, followed by re-acidification. It is also extracted from natural sources, such as sugarcane, sugar beets, pineapple, cantaloupe, and unripe grapes.
The global glycolic acid market to grow at a CAGR of 11.50% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global glycolic acid market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
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Technavio's report, Global Glycolic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- CrossChem LP
- Phibro Animal Health Corporation
- SimcoQC
- The Chemours Company
- Zhonglan Industry Co
Other prominent vendors
- Ava Chemicals
- Avid Organics
- CABB
- Euromi
- Hefei TNJ Chemical Industry
- Jlight Chemicals Company
- Kureha Corporation
- Mehul Dye Chem Industries
- Vornia Biomaterials
Market driver
- Growing demand from cosmetics industry
- For a full, detailed list, view our report
Market challenge
- Availability of inexpensive alternative products
- For a full, detailed list, view our report
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-glycolic-acid-market-2017-2021-report.html/toc
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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