Press release
From 2022 To 2032, The Market For Glycolic Acid Is Scheduled To Document A 7% CAGR
The Glycolic Acid Industry sales study offers a comprehensive analysis on diverse features including production capacities, Glycolic Acid demand, product developments, sales revenue generation and Glycolic Acid market outlook across the globe.170 page market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Glycolic Acid market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
Sales of glycolic acid were valued at US$ 475 Million in 2021, and are expected to register a Y-o-Y growth rate of 5.2% in 2022 to reach a valuation of US$ 500 Million. From 2022 to 2032, the industry is forecast to register a value CAGR of 7%, closing at a market value of US$ 988.3 Million.
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The readability score of the Glycolic Acid market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Glycolic Acid market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Glycolic Acid along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Glycolic Acid market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Key Companies Profiled
• Avid Organics
• CABB Group GmbH
• China Petroleum & Chemical Corporation (SINOPEC)
• CrossChem LP
• Hebei Chengxin Co., Ltd.
• Hefei TNJ Chemical Industry Co.Ltd.
• Phibro Animal Health Corporation
• Saanvi Corp.Shandong Xinhua Pharmaceutical Co.Ltd.
• The Chemours Company
• Water Chemical Co., Ltd
• Zhonglan Industry Co., Ltd.
Questionnaire answered in the market outlook report of Glycolic Acid include:
• What is the key strategy deployed by large players to maximize Glycolic Acid market growth?
• What are the main challenges faced by players in the Glycolic Acid market demand?
• With the advent of technological advancement, how will the Glycolic Acid market landscape change over the forecast period?
• What does player bring to the table, which is unique as a strategy, and is easy to emulate for new investors in the Glycolic Acid market size?
How will be insights and market estimations provided in the Fact.MR report on the demand of Glycolic Acid make a difference?
• The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
• The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
• The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
• Provides scrutiny of the industry trends that have shaped recent government policies
• Provides an account of major breakthroughs in all segments that might change the course of the market considerably
• Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Glycolic Acid market
• Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
• Evaluates the role of various stages of funding on new growth avenues in key regional markets
Competitive Landscape
The aforementioned players rely on a combination of organic and inorganic strategies to expand their presence in lucrative markets. Product launches, collaborations with key players, partnerships, acquisitions, and the strengthening of regional and global distribution networks are examples of these strategies.
Sunday Riley launched of the second version of the popular exfoliating treatment with glycolic acid for skincare savvy clients in the United States in May 2020. The product has several beneficial skin-related properties such as for acne-prone skin, sensitive and oily skin, and other skin types.
• In January 2019, Skinceuticals introduced Glycolic 10 Renew Overnight, a new glycolic acid cream that improves skin glow by 36% while remaining tolerable. The cream effectively treats dullness, fine lines, and uneven skin texture. It promotes cell regeneration, resulting in improved tone, texture, and a brighter complexion.
• In July 19, 2021, the CABB site in Pratteln (CH) was awarded an EcoVadis gold medal for the third time in a row. The German sites were awarded a silver medal.
• The Chemours Company, a global chemistry company, announced the Chemours Future of Engineering, Science, Trades, and Technology school partnership program, which will run through November 2021.
Key Segments Covered in the Glycolic Acid Industry Report
• by Grade :
o Glycolic Acid ≤68%
o Glycolic Acid 70%
o Glycolic Acid ≥99%
• by Application :
o Personal Care & Cosmetics
Skin Care
Hair Care
Others (including Nail Care and Dental Care)
o Plant Growth Stimulation
o Food Flavoring & Preservation
o Polyglycolic Acid (PGA) Manufacturing
o Cleaning Agent
Household
Industrial
Institutional
o Oil & Gas
o Electronics
o Leather Dyeing & Tanning
o Other Applications (including Biomedical & Drug Delivery and Gas Barrier Packaging)
• by Region :
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East & Africa
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