Global glycolic acid market 2024-2028

Description

List of Tables

The glycolic acid market is forecasted to grow by USD 186.6 mn during 2023-2028, accelerating at a CAGR of 8.77% during the forecast period. The report on the glycolic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from cosmetics industry, rising demand from polyglycolic acid industry, and growing demand in oil and refining industries.

Technavio's glycolic acid market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.87%
CAGR	8.77%
Incremental Value	$186.6mn

By Grade Type

Cosmetic grade
Technical grade

By Application

Personal care and cosmetics
Household cleaners
Industrial
Others

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the development of new applications to manufacture shampoo for companion animals using glycolic acid as one of the prime reasons driving the glycolic acid market growth during the next few years. Also, growing demand for blended products and peels and rising demand for biodegradable polymers will lead to sizable demand in the market.

The report on the glycolic acid market covers the following areas:

Glycolic acid market sizing
Glycolic acid market forecast
Glycolic acid market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading glycolic acid market vendors that include Acuro Organics Ltd., Avid Organics, CABB Group GmbH, China Petrochemical Corp., CrossChem Ltd., DuPont de Nemours Inc., Glentham Life Sciences Ltd., Hefei TNJ Chemical Industry Co. Ltd., Jiaxing Jlight Chemicals Co. Ltd., Kumar Industries, Kureha Corp., Mehul Dye Chem Industries, Merck KGaA, Phibro Animal Health Corp., RXChemicals, Saanvi Corp., Shandong Xinhua Pharmaceutical I and E Co. Ltd., The Chemours Co., Water Chemical Co. Ltd., and Zhonglan Industry Co. Ltd.. Also, the glycolic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43047

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Grade Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Glycolic Acid Market 2018 - 2022
- Historic Market Size - Data Table on Global Glycolic Acid Market 2018 - 2022 ($ million)
4.2 Grade Type segment analysis 2018 - 2022
- Historic Market Size - Grade Type Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Grade Type

6.1 Market segments
- Chart on Grade Type - Market share 2023-2028 (%)
- Data Table on Grade Type - Market share 2023-2028 (%)
6.2 Comparison by Grade Type
- Chart on Comparison by Grade Type
- Data Table on Comparison by Grade Type
6.3 Cosmetic grade - Market size and forecast 2023-2028
- Chart on Cosmetic grade - Market size and forecast 2023-2028 ($ million)
- Data Table on Cosmetic grade - Market size and forecast 2023-2028 ($ million)
- Chart on Cosmetic grade - Year-over-year growth 2023-2028 (%)
- Data Table on Cosmetic grade - Year-over-year growth 2023-2028 (%)
6.4 Technical grade - Market size and forecast 2023-2028
- Chart on Technical grade - Market size and forecast 2023-2028 ($ million)
- Data Table on Technical grade - Market size and forecast 2023-2028 ($ million)
- Chart on Technical grade - Year-over-year growth 2023-2028 (%)
- Data Table on Technical grade - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Grade Type
- Market opportunity by Grade Type ($ million)
- Data Table on Market opportunity by Grade Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Personal care and cosmetics - Market size and forecast 2023-2028
- Chart on Personal care and cosmetics - Market size and forecast 2023-2028 ($ million)
- Data Table on Personal care and cosmetics - Market size and forecast 2023-2028 ($ million)
- Chart on Personal care and cosmetics - Year-over-year growth 2023-2028 (%)
- Data Table on Personal care and cosmetics - Year-over-year growth 2023-2028 (%)
7.4 Household cleaners - Market size and forecast 2023-2028
- Chart on Household cleaners - Market size and forecast 2023-2028 ($ million)
- Data Table on Household cleaners - Market size and forecast 2023-2028 ($ million)
- Chart on Household cleaners - Year-over-year growth 2023-2028 (%)
- Data Table on Household cleaners - Year-over-year growth 2023-2028 (%)
7.5 Industrial - Market size and forecast 2023-2028
- Chart on Industrial - Market size and forecast 2023-2028 ($ million)
- Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
- Chart on Industrial - Year-over-year growth 2023-2028 (%)
- Data Table on Industrial - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape2023-2028 (%)
- Data Table on Market share By Geographical Landscape2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity By Geographical Landscape($ million)
- Data Tables on Market opportunity By Geographical Landscape($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Avid Organics
- Avid Organics - Overview
- Avid Organics - Product / Service
- Avid Organics - Key offerings
12.4 CABB Group GmbH
- CABB Group GmbH - Overview
- CABB Group GmbH - Product / Service
- CABB Group GmbH - Key offerings
12.5 China Petrochemical Corp.
- China Petrochemical Corp. - Overview
- China Petrochemical Corp. - Business segments
- China Petrochemical Corp. - Key news
- China Petrochemical Corp. - Key offerings
- China Petrochemical Corp. - Segment focus
12.6 CrossChem Ltd.
- CrossChem Ltd. - Overview
- CrossChem Ltd. - Product / Service
- CrossChem Ltd. - Key offerings
12.7 DuPont de Nemours Inc.
- DuPont de Nemours Inc. - Overview
- DuPont de Nemours Inc. - Business segments
- DuPont de Nemours Inc. - Key news
- DuPont de Nemours Inc. - Key offerings
- DuPont de Nemours Inc. - Segment focus
12.8 Glentham Life Sciences Ltd.
- Glentham Life Sciences Ltd. - Overview
- Glentham Life Sciences Ltd. - Product / Service
- Glentham Life Sciences Ltd. - Key offerings
12.9 Hefei TNJ Chemical Industry Co. Ltd.
- Hefei TNJ Chemical Industry Co. Ltd. - Overview
- Hefei TNJ Chemical Industry Co. Ltd. - Product / Service
- Hefei TNJ Chemical Industry Co. Ltd. - Key offerings
12.10 Kureha Corp.
- Kureha Corp. - Overview
- Kureha Corp. - Business segments
- Kureha Corp. - Key offerings
- Kureha Corp. - Segment focus
12.11 Mehul Dye Chem Industries
- Mehul Dye Chem Industries - Overview
- Mehul Dye Chem Industries - Product / Service
- Mehul Dye Chem Industries - Key offerings
12.12 Merck KGaA
- Merck KGaA - Overview
- Merck KGaA - Business segments
- Merck KGaA - Key news
- Merck KGaA - Key offerings
- Merck KGaA - Segment focus
12.13 Phibro Animal Health Corp.
- Phibro Animal Health Corp. - Overview
- Phibro Animal Health Corp. - Business segments
- Phibro Animal Health Corp. - Key offerings
- Phibro Animal Health Corp. - Segment focus
12.14 RXChemicals
- RXChemicals - Overview
- RXChemicals - Product / Service
- RXChemicals - Key offerings
12.15 Saanvi Corp.
- Saanvi Corp. - Overview
- Saanvi Corp. - Product / Service
- Saanvi Corp. - Key offerings
12.16 The Chemours Co.
- The Chemours Co. - Overview
- The Chemours Co. - Business segments
- The Chemours Co. - Key news
- The Chemours Co. - Key offerings
- The Chemours Co. - Segment focus
12.17 Zhonglan Industry Co. Ltd.
- Zhonglan Industry Co. Ltd. - Overview
- Zhonglan Industry Co. Ltd. - Product / Service
- Zhonglan Industry Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations