Mercaptoacetic Acid Market to 2023 (1.5% CAGR Expected) Top Player Profiles – Arkema, Bruno Bock, Merck, Sasaki Chemical, Daicel, Ever Flourish Chemical and More

Over the next five years, LPI(LP Information) projects that Mercaptoacetic Acid will register a 1.5% CAGR in terms of revenue, reach US$ 300 million by 2023, from US$ 270 million in 2017.

Europe occupied 32.02% of the sales market in 2016. It is followed by North America, which respectively have around 29.18% of the global total industry.

For price trend analysis, a key variable in the performance of Mercaptoacetic Acid producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

Get Sample Copy Of this Report @ https://www.researchbeam.com/2018-2023-global-mercaptoacetic-acid-consumption-report-market/request-sample

Mercaptoacetic Acid, also known as thioglycolic acid (TGA) is a clear, combustible liquid which oxidizes in air to form disulfides and an unpleasant odor. Mercaptoacetic acid consists of thiol or mercaptan and carboxylic acid.

Mercaptoacetic Acid was first developed in the early 1940s by Dr. Ralph Evans in Hoboken, New Jersey, as an active material for cold wave permanents.

Mercaptoacetic acid or thioglycolic acid is primarily used in hair care products for straightening or waving hair and as depilatory (hair removal) chemical. Mercaptoacetic acid is also used as a chemical intermediate for mercaptan chemicals such as ammonium thioglycolate, sodium thioglycolate and calcium thioglycolate. Furthermore, mercaptoacetic acid is used for preparing thioglycolic broth as a media for microbiological cultures. Additionally, with emergence, awareness and popularity of fashion trends people are experimenting and using more hair care products such as hair removal chemicals, hair straightening and hair waving products. Mercaptoacetic acid is widely used for body hair removal by salons, beauty parlors, hospitals (for surgery) and households among others.

For industry structure analysis, the Mercaptoacetic Acid is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Mercaptoacetic Acid market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

High Purity Grade ( ?99%)
Technical Grade ( 80%-99%)
Low Purity Grade (

About Us:

Research Beam is a high end and wide online market for market research reports that contain detailed and rational market research. Research Beam is a one stop report destination that offers clients well drafted and accurately analyzed report with insightful data.

We have a large database of quality and precise market research reports that will be very beneficial for your organization. Reports that we sell our authentic in nature and from reputed publishers, hence it can definitely help you with your growth opportunities. Research Beam will always make sure to bring most ethical and high quality reports. We value your relationship with us and look forward for a long term relation.

Global Head Quarters
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
+1 (800) 910-6452
help@researchbeam.com

This release was published on openPR.