Thioglycolic Acid Market Size, Share, Growth, Trends, Analysis, Industry Forecast | Valuates Reports

Thioglycolic Acid Market

Thioglycolic acid is a colorless liquid with a strong, typical mercaptan disagreeable odor (although olfactory fatigue may occur) which is used in cosmetic formulations including permanent wave solutions and depilatories, in pharmaceutical manufacture, and as a stabilizer for vinyl plastics.

Due to the COVID-19 pandemic, the global Thioglycolic Acid market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period.

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Fully considering the economic change by this health crisis, Purity≥70% accounting for % of the Thioglycolic Acid global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Cosmetics segment is altered to an % CAGR throughout this forecast period.

China Thioglycolic Acid market size is valued at US$ million in 2021, while the US and Europe Thioglycolic Acid are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Thioglycolic Acid landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

The global key manufacturers of Thioglycolic Acid include Arkema, Bruno Bock, Daicel, HiMedia Laboratories, Sasaki Chemical, Swan Chemical, Qingdao Ruchang Mining Industry and Qingdao LNT Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

In terms of production side, this report researches the Thioglycolic Acid capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Thioglycolic Acid by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Thioglycolic Acid market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Thioglycolic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

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By Type
• Purity≥70%
• Purity≥85%
• Purity≥90%
• Purity≥99%

By Application
• Cosmetics
• Cleaning Agent
• Oilfield Chemical Products
• Leather Processing
• Metal Recovery
• Pesticide

By Company
• Arkema
• Bruno Bock
• Daicel
• HiMedia Laboratories
• Sasaki Chemical
• Swan Chemical
• Qingdao Ruchang Mining Industry
• Qingdao LNT Chemical

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