Press release
Glycolic Acid Market is Poised to Exhibit A Moderate 5.01% CAGR by 2023 | Worldwide Key players ( Water Chemical Co., Ltd, The Chemours Company )
Glycolic Acid Market
Global Glycolic Acid Market Overview:
According to Market Analyst, Global glycolic acid (CAS 79-14-1) market is anticipated to grow at a CAGR of 5.01% by 2023.
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Acid is a part of a group of compounds. This enables it to be more efficient in promoting younger appearance. Beauty enthusiasts will rave about its benefits about it helps if you inquire. The colorless, odorless and water substance's name is credited to chemist Auguste Laurent. He called it acide glycolique, implying that glycine could be its amine. Sources - A chemical acid can be found particularly foods. These are foods of plant origin, particularly sugar crops. Examples include cantaloupe, sugar beets, sugar cane, and pineapple. Nikolai Nikolaevich Sokolov and the chemists Adolph Strecker was the first to produce the compound.
These include: Psoriasis - Hyperkeratosis - Actinic keratosis - Melasma - Seborrheic keratosis - Glycolic acid is able to penetrate deep into your skin because of its very small structure. This enables it to work efficiently in dealing with fine lines and wrinkles as well as oily and dull skin. This substance is a strong exfoliant. A reaction with the upper layer of the epidermis occurs whenever you apply glycolic acid on the skin. This dissolves this binding properties of lipids holding together this old skin debris. The loss of the structural protein is a factor in this appearance of fine lines and wrinkles as individuals get older. Collagen plumps up this skin for a firmer, younger skin.
On the Basis of Application, Glycolic Acid Used in cosmetics, industrial cleaners, water treatment and medical sutures.
Regionally, North American region accounted for the largest market share. The growth is driven by the increasing demand for acne & wrinkle removal creams among the middle aged woman with in the region, and also increase focus in skin nourishment helps the compound gaining attention within the region.
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Market Players of Global Glycolic Acid Market:
1 Water Chemical Co., Ltd
2 The Chemours Company
3 DuPont Corporation
4 CrossChem LP
The Market is segmented and projected on the basis of major Region Segmentation
1 North America
2 Europe
3 Asia Pacific
4 Middle East and Africa
5 South America
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Key Questions Answered in this Report:
1 What will the market size be in 2023?
2 What are the key factors driving the Glycolic Acid Market?
3 What are the challenges to market growth?
4 Who are the key players in the Glycolic Acid Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
1 Summary
2 Report Methodology
3 Market Overview
4 Industry Value Chain
5 Competitive Landscape
6 Segmentation by Type
7 Segmentation by Application
8 Regional Perspectives
9 Company Profiles
10 Market Forecast
11 Market Drivers
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