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Glycolic Acid Market In-depth Industry Analysis & Forecast To 2016-2028| Sigma Aldrich, E.I.DuPont de Nemours and Company, CrossChem LP, Parchem fine and specialty chemicals
Glycolic Acid Market
A comprehensive study conducted by Quince Market Insights provides a better understanding of the current market size, environment, and production, status, and growth opportunities from 2016 to 2028 for the global glycolic acid market. The report contains a detailed market evaluation, historical data, and forecasts with an acceptable set of assumptions and methodology. The research report includes categories such as market segments, countries, and product types and distribution channels to analyze and inform. In introducing new products as well as existing ones, the data covered in this report will play an important role.
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Glycolic acid, also known as hydroacetic acid and hydroxyacetic acid, is a colorless and odorless crystalline solid derived from sugar-containing crops such as sugarcane, cantaloupe, and pineapple. It is an essential substance in the textile industry as it is the most preferred ingredient for dyeing processes, owing to its several benefits.
The global glycolic acid market is likely to flourish due to the increased demand of the product for use in various hair and skincare products. Furthermore, properties like high degree of acidity, excellent water solubility make it a popular choice in the beauty and cosmetic industry. Glycolic acid is ideal for use in various ointments and creams for removal of scars and wrinkles.
Rising demand from cosmetic and personal care industry is the major driver of global glycolic acid market. Since this ingredient is safe to be used on sensitive skin, glycolic acid is increasingly being used in anti-ageing products and cosmetics developed specially for sensitive skin. Growing applications of glycolic acid in textile industry for dyeing and finishing is also boosting the demand for glycolic acid.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Sigma Aldrich
2. E.I.DuPont de Nemours and Company
3. CrossChem LP
4. Parchem fine and specialty chemicals
5. Simco Chemicals
6. Phibro Animal Health Corporation
7. Chemsolv Inc
8. Griffin International Inc.
9. Mehul Dyechem Industries
10. Chemours
The report provides-
o Assists businesses in making effective business strategy choices by understanding the market conditions and perception of glycolic acid within the industry.
o Support organizations in decisions regarding business expansion by providing information on the expected variability in sales performance and supplier prices.
o Helps companies to align with the latest market trends and sentiments of glycolic acid by informing them about the industry's essential priorities and major concerns.
o Serves to adjust the allocation of investment by outlining key areas of focus highlighted by survey respondents during 2028.
The report answers the following questions-
o What is the market share of important countries in each of the regions?
o Which regions and countries will show the highest growth potential in the forecast period?
o At what rate the glycolic acid market is expanding globally and what are the key upcoming trends in this market?
o Which product and applications are at the top and hold a good potential and cances of growth?
o Which are the main glycolic acid market players and their competitors?
o What are the main market drivers and constraints currently acting and will be playing during the period of forecast?
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Asia Pacific dominated the global glycolic acid market in 2018. The region is projected to remain highly lucrative during the forecast period, due to increase in population, improvement in standard of living, and rise in e-Commerce activities in the region.
Rapid industrialization in countries such as China and India has led to growth in equipment maintenance activities. Glycolic acid is used as a hard surface cleaner to wash and clean industrial equipment. Additionally, it has a mild odor and is soluble in a wide range of solvents. It is also less toxic vis-ŕ-vis other chemicals, and is biodegradable. These factors are expected to drive the demand for glycolic acid as a hard surface cleaner.
Market Segmentation:
By Form:
Fibers
Films
Others
By End-Use Industry:
Medical
Oil & Gas
Packaging
By Region:
North America
North America, by Country
US
Canada
Mexico
North America, by Form
North America, by End-Use Industry
Western Europe
Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
Western Europe, by Form
Western Europe, by End-Use Industry
Asia Pacific
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Form
Asia Pacific, by End-Use Industry
Eastern Europe
Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
Eastern Europe, by Form
Eastern Europe, by End-Use Industry
Middle East
Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
Middle East, by Form
Middle East, by End-Use Industry
Rest of the World
Rest of the World, by Country
South America
Africa
Rest of the World, by Form
Rest of the World, by End-Use Industry
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
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