The glycolic acid market is expanding, driven by its wide-ranging applications in personal care, industrial, and pharmaceutical sectors. It is highly sought after in skincare products for its exfoliating and anti-aging properties. The industrial segment uses glycolic acid in cleaning agents and metal processing. Growing interest in bio-based glycolic acid aligns with sustainability goals. Advancements in production technologies are improving product purity and affordability, further fueling demand across various industries.
Glycolic Acid
- Growing demand for glycolic acid in personal care products due to its exfoliating and anti-aging properties.
- Increasing use in industrial applications, including cleaning agents and metal processing.
- Rising preference for bio-based glycolic acid to meet sustainability goals.
- Expanding applications in pharmaceuticals, textiles, and biodegradable plastics.
- Advancements in production processes to improve purity and reduce costs.
- Avid Organics
- Cabb Group GmbH
- China Petrochemical Corporation
- Crosschem Lp
- Hebei Chengxin Co.
- Ltd.
- Hefei TNJ Chemical Industry Co. Ltd.
- Jiaxing Jlight Chemicals Co. Ltd.
- Phibro Animal Health Corp.
- Saanvi Corp
- Shandong xinhua pharmaceutical co. Ltd.
- The Chemours Company
- Velocity Chemicals Ltd.
- Water Chemical Co. Ltd
- Xinji City Taida Sinopec Co Ltd.
- Zhonglan Industry Co. Ltd.
Growth Factors:
• Market dynamics:All the key factors and major developments anticipated to boost the growth of the market are covered in the study.
• Technological evolution:The report offers a thorough understanding of the emerging technologies that can influence the Glycolic Acid market demand.
• Innovation pathways: The study covers where innovations can take the market in the mid to long term.
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The Geographical Analysis Covers Following Key Regions:
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and the rest of South America)
• The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
Glycolic Acid Market Segmentation:
The glycolic acid market is segmented by grade, application, and region. Grades include cosmetic, technical, and pharmaceutical, with cosmetic grade dominating for personal care use. Applications cover skincare, industrial cleaning, and pharmaceuticals, with skincare being the largest segment due to its exfoliating properties. North America leads the market due to demand for premium cosmetics, while Asia-Pacific shows growth in industrial and cosmetic applications.
Glycolic Acid Market, Grade Outlook (Revenue – USD Million, 2018 – 2030)
- Cosmetic Grade
- Technical Grade
Glycolic Acid Market, Purity Outlook (Revenue – USD Million, 2018 – 2030)
- 99%
- 70%
- 30%
- Others
Glycolic Acid Market, Application Outlook (Revenue – USD Million, 2018 – 2030)
- Personal Care & Cosmetics
- Household
- Pharmaceutical
- Textile
- Industrial
- Others
In November 2021, The Chemours Company launched Glyclean D, a broad-spectrum disinfectant and cleaner. Formulated with a 70% concentration of glycolic acid, it is biodegradable and environmentally friendly. Registered with the U.S. Environmental Protection Agency, Glyclean D is designed to effectively combat safety threats posed by the SARS-CoV-2 virus, as well as other viruses and bacteria.
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