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Glycolic Acid Market Analysis by Size, Share, Key Drivers, Growth Opportunities and Global Trends 2032| Sigma Aldrich, E.I.DuPont de Nemours and Company, CrossChem LP, Parchem fine and specialty chemicals

01-13-2023 12:31 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Quince Market Insights

Glycolic Acid Market

Glycolic Acid Market

Glycolic Acid Market report covers share, size, and forecast by top players, regions, applications, and product types, and forecast from 2023 to 2032, along with historical data. The Glycolic Acid Market study covers in-depth insights on competitive scenario, description, wide product portfolio of key vendors, SWOT analysis, business strategy adopted by competitors, revenue, Porter's Five Forces Analysis, and sales estimates. The report's primary objective is to supply a further illustration of the newest scenario, economic slowdown, and War situations impact on the overall industry and exhaustive scope to cover all the possible segments helping every stakeholder in the Glycolic Acid market.

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Key Factors Impacting Market Growth:

• Growing demand for glycolic acid in cosmetics industry

The growing demand for glycolic acid in the cosmetic industry and personal care products, specifically as a preferred ingredient in anti-aging, anti-pollution, and over-the-counter skin care products, will continue driving the market. Its unmatched ability to quickly and effectively penetrate the skin, owing to its small molecular structure, helps to fight many negative effects of pollution and other anti-aging problems by cleansing and exfoliating the dead skin layers. The use of glycolic acid in anti-aging and anti-pollution skincare creams, facial cleansers, gels, and scrubs reduces acne breakouts, hyperpigmentation, fine lines, scars, and other age-related skin marks or spots. Apart from these factors, the increasing demand for glycolic acid-based over-the-counter skin care products (creams, toners, and masks) and the growing market for keratolytic agents due to increasing dermatological conditions are further expected to drive the glycolic acid market.

Recent Development:

• On November 16, 2021, The Chemours Company CC launched Glyclean D, a proven, broad-spectrum disinfectant and cleaner with glycolic acid base to deactivate the SARS-CoV-2 virus, as well as other viruses and bacteria. Formulated using a 70% concentration of glycolic acid, Glyclean D is biodegradable and friendlier to people and the environment.
• In February 2021, METabolic EXplorer (METEX) obtained a €9.6-million (US$ 10.12 Mn) subsidy from the government of France. This is in support of its investment in an industrial plant for the production of glycolic acid (GA) in France. This industrial plant, which is estimated to employ fermentation technology, would be the first in the world to produce bio-based glycolic acid.

Glycolic Acid Market Players

The Top Leading Key Companies are
• Sigma Aldrich
• E.I.DuPont de Nemours and Company
• CrossChem LP
• Parchem fine and specialty chemicals
• Simco Chemicals
• Phibro Animal Health Corporation
• Chemsolv Inc
• Griffin International Inc.
• Mehul Dyechem Industries
• Chemours.

Segment Analysis

By identifying these segments, marketing strategies can be developed to meet the priorities in a cost-effective way. Glycolic Acid Market is segmented By Application (Household, Personal Care, Industrial)

Regional Analysis:

➸ North America (United States, Canada and Mexico)
➸ Europe (Germany, UK, France, Italy, Russia and Turkey, Rest of Europe)
➸ Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam Rest of Asia)
➸ South America (Brazil, Argentina, Columbia, Reset of South America)
➸ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and Rest of South Africa & Middle East)

Purchase this report for the following reasons:

• The Glycolic Acid Market research provides a detailed examination of evolving competitive dynamics.
• It provides a forward-looking viewpoint on numerous driving variables or market evolution prevention strategies.
• It presents a Ten-year prediction based on how the Glycolic Acid Market is expected to expand. It aids in the knowledge of major product areas and their future prospects in the Glycolic Acid industries.
• It gives a precise understanding of changing competitive dynamics and keeps one-step ahead of the competition.
• It assists in making informed commercial decisions by providing complete market insights and extensive market segment analyses.

TOC Of Glycolic Acid Market Report @ https://www.quincemarketinsights.com/request-toc-58785?ophrk

Quince Market Insights
Phone: APAC +91 706 672 4343 / US +1 208 405 2835 / UK +44 1444 39 0986
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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