How is the Medical Sector Steering Demand for Glycolic Acid in Europe?

Glycolic Acid Market - Scope of Report
A recent study by Fact.MR on the glycolic acid market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of glycolic acid.

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The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies manufacturing glycolic acid, along with their product portfolios, enhances the reliability of this comprehensive research study.

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Report Summary
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and supply of glycolic acid across the globe.

A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of glycolic acid during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Market Segmentation

Fact.MR has studied the glycolic acid market with detailed segmentation on the basis of grade, application, and key regions.

By Grade

Glycolic Acid ≤68%
Glycolic Acid 70%
Glycolic Acid ≥99%

By Application

Personal Care & Cosmetics
Skin Care
Hair Care
Others (including Nail Care and Dental Care)
Plant Growth Stimulation
Food Flavoring & Preservation
Polyglycolic Acid (PGA) Manufacturing
Cleaning Agents
Household
Industrial
Institutional
Oil & Gas
Electronics
Leather Dyeing & Tanning
Others (including Biomedical & Drug Delivery and Gas Barrier Packaging)

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Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of volume (Tons) and value (US$ Thousand).

Market estimates at global and regional levels for glycolic acid are available in terms of “US$ Thousand” for value and in “Tons” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the supply and distribution perspective in the global glycolic acid market.

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Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the market during the forecast period.

Country-specific valuation on demand for glycolic acid has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value and volume for emerging countries has also been included in the report.

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In-depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of glycolic acid, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of glycolic acid has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the glycolic acid market.

Prominent companies operating in this space include

The Chemours Company

Phibro Animal Health Corporation

CABB Group GmbH

China Petroleum & Chemical Corporation (SINOPEC)

Shandong Xinhua Pharmaceutical Co.Ltd.

CrossChem LP

Avid Organics

Zhonglan Industry Co., Ltd.

Water Chemical Co., Ltd

Hebei Chengxin Co. Ltd.

Hefei TNJ Chemical Industry Co.Ltd.,

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This release was published on openPR.