Press release
Alpha Hydroxy Acid Market in North America will observe over 12% CAGR up to 2024 | Top Key Players Dow Chemicals, Dupont, Crosschem, Ava Chemicals
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Asia Pacific alpha hydroxy acid market is set to surpass USD 950 million by 2024. Supportive socio-economic norms in India, China, Australia and Japan will promote industry growth. As per industry estimates, regional cosmetics industry was worth over USD 100 billion in 2016, and is expected to exceed USD 125 billion by 2020.
Cosmetic applications generated revenue over USD 1 billion in 2016. Shifting lifestyle and consumer preference for high quality and effective skin products has positively driven industry growth in this segment.
Hair care application will surpass 100 kilo tons demand by 2024. Reducing hair fall, easy detangling and defensing hair against styling tools are the key factors likely to foster alpha hydroxy industry growth. Increasing necessity for effective dirt and pollutant cleaning without damaging hair moisture content will enhance demand.
The robust demand for AHA cosmetics can be principally credited to its noteworthy benefits, which have a key role to play in impelling alpha hydroxy acid market outlook. Some of these transformative benefits have been outlined below:
• Skin Lightening Effects: Alpha hydroxy acids help reduce skin discoloration and hyperpigmentation generated on face due to scars, sun damage, and other health issues, thereby improving facial appearance. The rising awareness among consumers regarding their personal looks will consequently stimulate alpha hydroxy acid industry trends in the ensuing years.
• Fewer Wrinkles: The University of Maryland Medical Center has discovered that AHA is endowed with the capability to minimize wrinkles and surface lines on face, in addition to removing the damaged skin layer of skin and allowing cell regrowth. This would substantially augment product demand and sales, thereby stimulating AHA market size.
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Table Of Content For This Research Report:
Chapter 4. Alpha Hydroxy Acid Market, By Product
4.1. Global alpha hydroxy acid market share by product, 2016 & 2024
4.2. Glycolic acid
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013–2024
4.3. Lactic acid
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Citric acid
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013–2024
4.5. Others (Malic acid, tartaric acid)
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013–2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/alpha-hydroxy-acid-aha-market
Global alpha hydroxy acid market share is moderately fragmented due to large presence of numerous local and global companies. Key industry players include Airedale Chemical Company, Dow Chemicals, Dupont, Crosschem, Ava Chemicals, H Plus Limited Parchem and Mehul Dye Chem Industries.
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