Press release
Glycolic Acid Market to Reach $754.8 Billion by 2032 | Meticulous Research®
The global glycolic acid market is witnessing strong growth, driven by its expanding use across industries such as cosmetics, cleaning products, food & beverages, and textiles. Valued at $411.8 billion in 2024, the market is projected to reach $754.8 billion by 2032, growing from $443.4 billion in 2025 at a CAGR of 7.9% during the forecast period (2025-2032). This growth is mainly fueled by the increasing demand for glycolic acid in skincare products, household and industrial cleaners, and other emerging application areas.
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Market Overview and Key Growth Drivers
Glycolic acid, an alpha hydroxy acid (AHA), has become an essential ingredient in multiple industries due to its exfoliating, cleansing, and preservation properties. In the cosmetics industry, glycolic acid is widely used for its ability to promote cell renewal, improve skin texture, and reduce signs of aging. Its popularity among skincare manufacturers continues to surge as consumers increasingly prioritize self-care, anti-aging products, and natural formulations.
The market's momentum is also supported by the growing adoption of glycolic acid in industrial and household cleaning products. Due to its biodegradable nature and high efficiency in breaking down grease, dirt, and mineral deposits, glycolic acid is increasingly replacing traditional harsh chemicals. The shift toward sustainable and eco-friendly cleaning solutions has further accelerated its demand across both commercial and residential cleaning applications.
Expanding Applications Across Industries
The versatility of glycolic acid extends far beyond skincare. It is now widely used in leather and textile manufacturing, medical products, electronic cleaning solutions, and food & beverage processing. Its natural preservative and flavor-enhancing properties have led to growing use in food production, where it helps extend shelf life and improve taste profiles. The increasing global emphasis on clean-label and natural ingredients also supports this growth, as glycolic acid can be derived from renewable sources.
In the industrial sector, glycolic acid's role as a cleaning agent is becoming increasingly vital. Governments worldwide are tightening environmental regulations on chemical use, prompting industries to adopt safer and biodegradable alternatives. For instance, in 2021, the California Air Resources Board introduced strict limits on volatile organic compounds (VOCs) in cleaning products, paving the way for wider adoption of glycolic acid-based formulations. Companies such as PureTech Scientific LLC and The Chemours Company have launched EPA-approved disinfectants and surface cleaners using glycolic acid, emphasizing its growing significance in hygiene and disinfection applications.
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Why Is Glycolic Acid So Popular in Cosmetics?
Glycolic acid is renowned for its small molecular size, which allows it to penetrate deep into the skin. It acts as an exfoliant, removing dead cells and promoting collagen production. This results in smoother, brighter, and firmer skin. With consumers increasingly aware of skincare ingredients and their benefits, the demand for glycolic acid-based products has soared. Global beauty brands like L'Oréal India and Era Organics have launched glycolic acid-infused cleansers, peels, and serums in 2025, further cementing its position as a key skincare ingredient.
Market Segmentation Insights
By purity, the glycolic acid 99% segment is projected to dominate the market in 2025. High-purity glycolic acid is preferred for advanced cosmetic, pharmaceutical, and industrial formulations due to its superior effectiveness and stability. Its ability to deliver visible results in skincare applications and maintain quality in food preservation makes it a popular choice across industries.
By source, the synthetic segment is expected to lead, owing to its cost efficiency and consistent quality. However, as sustainability gains traction, the natural glycolic acid segment is likely to witness significant growth in the coming years.
In terms of grade, the cosmetic grade segment will hold the largest share in 2025, driven by rising consumer spending on premium skincare and personal care products. The continued innovation in anti-aging and skin-rejuvenating formulations will further strengthen the cosmetic-grade glycolic acid segment.
Regional Outlook
The Asia-Pacific region is set to dominate the glycolic acid market in 2025 and maintain the highest growth rate throughout the forecast period. Rapid industrialization, rising disposable incomes, and the growing influence of social media in countries like China, India, Japan, and South Korea have boosted demand for beauty and personal care products. Additionally, strong investments in research and product innovation are helping regional manufacturers expand their presence in the global market.
The Asia-Pacific region's dominance is also supported by its robust manufacturing capabilities and expanding chemical production base. The increasing popularity of anti-aging skincare routines and the rise of e-commerce-driven cosmetic sales continue to drive demand for glycolic acid across the region.
Key Market Players and Industry Developments
Several leading companies are shaping the competitive landscape of the glycolic acid market. Key players include CrossChem Limited (U.K.), PureTech Scientific LLC (U.S.), CABB Group GmbH (Germany), Fengchen Group Co., Ltd (China), Nikko Chemicals (Japan), and Avid Organics Pvt. Ltd. (India).
In June 2024, The Chemours Company sold its glycolic acid business to PureTech Scientific to focus on its core operations. Later, in April 2025, PureTech Scientific received EPA approval for its Glyclean D70-based hospital-grade disinfectant formulation. Such strategic moves demonstrate how companies are capitalizing on the increasing demand for glycolic acid-based cleaning and skincare products.
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Future Outlook
The future of the glycolic acid market looks promising, supported by a global shift toward sustainable formulations, clean-label cosmetics, and advanced chemical applications. As industries continue to innovate and diversify the use of glycolic acid across sectors-from personal care to industrial cleaning-the market is expected to maintain steady growth through 2032.
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