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Glycolic Acid Market
Glycolic Acid Market Size, Share, Forecast, & Trends Analysis by Purity (99%, 70%, 60%, 30%), Source (Synthetic, Natural), Grade (Industrial, Pharma, Cosmetic Grade), Application (Personal Care & Cosmetics, Household, Leather) - Global Forecast to 2031
Report ID:MRFB - 1041420 Pages: 250 Nov-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursThe Glycolic Acid Marke was valued at $411.8 billion in 2023. It is expected to reach $754.8 billion by 2031 from an estimated $443.4 billion in 2024, at a CAGR of 7.9% during the forecast period of 2024-2031.
Glycolic Acid Market Size & Forecast
The growth of this market is driven by rising demand for glycolic acid from skincare & cosmetics manufacturers, growing adoption of glycolic acid in industrial and household cleaning products and wide application areas, and the related rise in the use of glycolic acid in leather & textile, food & beverage, medical, electronic and other industrial applications. Furthermore, increasing application areas in the food & beverage industry and significant opportunities from emerging economies are expected to generate growth opportunities for the stakeholders in this market.
Key Findings
- By Purity: In 2024, Glycolic Acid 99% Segment Dominate the Glycolic Acid Market
- By Source: In 2024, the Synthetic Segment is Expected to Dominate the Glycolic Acid Market
- By Grade: In 2024, the Cosmetic Grade Segment is Expected to Account for the Largest Share of the Glycolic Acid Market
- By Application Industry: In 2024, the Personal Care & Cosmetics Segment is Expected to Account for the Largest Share of the Glycolic Acid Market
- By Geography: In 2024, Asia-Pacific Dominates the Glycolic Acid Market
Glycolic Acid Market Drivers
Rising Demand for Glycolic Acid from Skin Care & Cosmetics Manufacturers
Glycolic acid, a type of alpha hydroxy acid (AHA), is widely utilized in the cosmetic industry for its exfoliating properties and ability to stimulate collagen production. This has made it a key ingredient in a variety of skincare products, including cleansers, toners, and serums. Its popularity has further surged as consumers increasingly seek anti-aging solutions, given its effectiveness in reducing the appearance of fine lines, wrinkles, and age spots. Additionally, growing consumer awareness of skincare ingredients and their benefits is driving the rising demand for glycolic acid-based products.
In addition, the expansion of the cosmetic sector and the introduction of new products by leading market players are driving the growth of the glycolic acid market. Key developments in the glycolic acid market include:
- In August 2024, Era Organics, Inc. (U.S.) launched glycolic acid chemical peel for women aged from 25 to 70.
- In February 2024, L’ORÉAL INDIA Private Limited (India) launched Glycolic Bright Dark Circle Eye Serum for the Indian market.
- In September 2024, Walgreen Co. (U.S.) launched a skincare line that includes a gentle cleanser, glycolic acid purifying cleanser, 2% BHA liquid exfoliant, and others.
Thus, increasing demand for skin care products containing glycolic acid is expected to drive the glycolic acid market.
Growing Adoption of Glycolic Acid in Industrial and Household Cleaning Products
Glycolic acid, a potent alpha hydroxy acid (AHA), is widely recognized for its ability to break down dirt, grease, and stains, making it a popular ingredient in various cleaning formulations. Its applications span from household cleaners and detergents to industrial cleaning agents. The growing demand for eco-friendly alternatives is further driving the adoption of glycolic acid, as it provides a biodegradable solution compared to harsher chemicals typically used in cleaning products. Additionally, increasing regulations on harmful chemicals in cleaning products are prompting manufacturers to seek safer alternatives, thereby boosting the demand for glycolic acid. For example, in 2021, the California Air Resources Board implemented stringent limits on volatile organic compounds (VOC) content in cleaning products, with the goal of reducing VOC emissions by 8-10 tons per day statewide by 2031.
Additionally, as regulations increasingly restrict the use of harmful chemicals in cleaning products, many manufacturers are focusing on developing formulations that incorporate glycolic acid. For example, in April 2024, PureTech Scientific LLC (U.S.) received approval from the EPA for its Glyclean D70-based Broad Spectrum Disinfectant and Cleaner (BSD) formulation as a hospital-grade disinfectant. Furthermore, in November 2021, The Chemours Company FC, LLC (U.S.) launched Glyclean D, a disinfectant and cleaner designed to deactivate the SARS-CoV-2 virus, as well as other viruses and bacteria. The growing emphasis on the development of industrial and household cleaning products featuring glycolic acid is expected to significantly contribute to the growth of the glycolic acid market.
Glycolic Acid Market Opportunities
Increasing application areas in the food & beverage industry
Glycolic acid serves as a natural preservative, helping to extend the shelf life of various food products by inhibiting microbial growth. Additionally, it enhances the flavor profiles of certain foods and beverages, making it a valuable ingredient for improving taste. The rising demand for clean-label ingredients further supports the growth of the glycolic acid market, as glycolic acid can be derived from natural sources, aligning with the increasing preference for clean-label products. For example, according to Dairy Farmers of America, Inc. (U.S.), the global clean-label ingredients market is projected to reach USD 64.1 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026.
Glycolic acid is increasingly recognized for its potential health benefits, such as aiding digestion, which makes it a promising ingredient for functional foods and beverages. As food & beverage manufacturers continuously seek innovative ingredients to differentiate their product offerings, glycolic acid's unique properties position it as a valuable addition to novel formulations. In summary, shifting consumer preferences for quality and safety and the evolving dynamics of the food & beverage industry present new growth opportunities for the glycolic acid market.
Glycolic Acid Market Analysis: Top Market Opportunity:
The Glycolic Acid 99% Segment is Expected to Dominate the Glycolic Acid Market in 2024
Based on purity, the glycolic acid market is segmented into glycolic acid 99%, glycolic acid 70%, glycolic acid 60%, glycolic acid 30% and others. In 2024, the glycolic acid 99% segment is estimated to account for the largest share of the glycolic acid market. The large share of this segment is attributed to the growing demand for anti-aging and skin care products, the trend towards clean and natural beauty products, and the versatility of 99% glycolic acid.
Glycolic acid's high purity level, 99%, makes it highly effective in various applications, including cosmetics, skincare, pharmaceuticals, and food preservation. Further, consumers are increasingly seeking products that deliver visible results, and high-purity glycolic acid meets this need, which contributes to its widespread adoption in formulations.
Geographical Analysis
Asia-Pacific Dominates the Glycolic Acid Market in 2024
In 2024, Asia-Pacific is estimated to account for the largest share of the glycolic acid market. The dominant share of the Asia-Pacific region in the glycolic acid market can be attributed to the rapid growth of the cosmetic and personal care industries in countries such as China, India, and Japan, along with the rising popularity of anti-aging treatments and increasing consumer awareness of skin health. Additionally, a strong emphasis on research and development in the region is driving innovation in product formulations, further supporting the region's leading position in the glycolic acid market.
Furthermore, Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of the glycolic acid market can be attributed to several factors, including its expanding range of applications, the surge in online sales driven by the growing influence of social media, advertising, and content marketing, and the increasing demand for clean and natural beauty products. Additionally, rising disposable incomes in the region are fueling greater consumer spending on beauty and personal care products, further contributing to the market's growth.
Key Companies
The report includes a competitive landscape based on an extensive assessment of the key strategic developments that led market participants to adopt over the past three years (2021-2024).
The key players profiled in the global glycolic acid market report are CrossChem Limited (U.K.), PureTech Scientific, LLC (U.S.), CABB Group GmbH (Germany), Fengchen Group Co., Ltd (China), Nikko Chemicals (Japan), Nikko Chemicals (Japan), Mehul Dye Chem Industries (India), Junsei Chemical Co., Ltd. (Japan), Kishida Chemical Co., Ltd. (Japan), and Avid Organics Pvt. Ltd. (India)
Glycolic Acid Industry Overview: Latest Developments from Key Industry Players
- In April 2024, PureTech Scientific LLC (U.S.), the EPA approved the Glyclean D70-based Broad Spectrum Disinfectant and Cleaner (BSD) formulation as a hospital-grade disinfection formulation.
- In June 2023, The Chemours Company FC, LLC (U.S.) entered an agreement with PureTech Scientific LLC (U.S.) to sell its Glycolic Acid business.
- In November 2021, The Chemours Company FC, LLC (U.S.) launched Glyclean D, a disinfectant and cleaner for deactivating the SARS-CoV-2 virus along with other viruses and bacteria.
Glycolic Acid Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
250 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
7.9% |
|
Market Size (Value) |
USD 754.8 Billion by 2031 |
|
Segments Covered |
By Purity
By Source
By Grade
By Application Industry
|
|
Countries Covered |
North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Thailand, Taiwan, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America and Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of Middle East & Africa) |
|
Key Companies |
CrossChem Limited (U.K.), PureTech Scientific, LLC (U.S.), CABB Group GmbH (Germany), Fengchen Group Co., Ltd (China), Nikko Chemicals (Japan), Nikko Chemicals (Japan), Mehul Dye Chem Industries (India), Junsei Chemical Co., Ltd. (Japan), Kishida Chemical Co., Ltd. (Japan), and Avid Organics Pvt. Ltd. (India) |
Key questions answered in the report:
The global glycolic acid market size was valued at $411.8 billion in 2023.
The market is projected to grow from $443.4 billion in 2024 to $754.8 billion by 2031.
The glycolic acid market analysis indicates significant growth, reaching $754.8 billion by 2031 at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
The key companies operating in this market include are CrossChem Limited (U.K.), PureTech Scientific, LLC (U.S.), CABB Group GmbH (Germany), Fengchen Group Co., Ltd (China), Nikko Chemicals (Japan), Nikko Chemicals (Japan), Mehul Dye Chem Industries (India), Junsei Chemical Co., Ltd. (Japan), Kishida Chemical Co., Ltd. (Japan), and Avid Organics Pvt. Ltd. (India)
By purity, the glycolic acid 99% segment is forecasted to hold the largest market share.
By source, the synthetic segment is expected to dominate the market.
By grade, the cosmetic grade segment is forecasted to hold the largest market share.
By application industry, the personal care & cosmetics segment is poised to record the dominant position in the market.
By region, Asia-Pacific holds the largest glycolic acid market share in 2024. However, the Asia-Pacific region is expected to witness the fastest growth, driven by the growing application area of glycolic acid, increased sales of glycolic acid via e-commerce, and increasing trends toward clean and natural beauty products.
The primary drivers of the glycolic acid market include demand for glycolic acid from skincare and cosmetics manufacturers, growing adoption of glycolic acid in industrial and household cleaning products and wide application areas, and related rise in the use of glycolic acid in leather and textile, food and beverage, medical, electronic, and other industrial applications.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation Process
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.1.1. Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Segmental Analysis
3.2.1. Glycolic Acid Market Analysis, by Purity
3.2.2. Glycolic Acid Market Analysis, by Source
3.2.3. Glycolic Acid Market Analysis, by Grade
3.2.4. Glycolic Acid Market Analysis, by Application Industry
3.3. Regional Analysis
3.4. Key Players & Competitive Scenario
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Rising Demand for Glycolic Acid from Skincare & Cosmetics Manufacturers
4.2.2. Growing Adoption of Glycolic Acid in Industrial and Household Cleaning Products
4.2.3. Wide Application Areas and a Related Rise in the Utilization of Glycolic Acid in Leather & Textile, Food & Beverage, Medical, Electronic, and Other Industrial Applications
4.2.4. Rising Incidence of Skin Problems Associated with the Use of Glycolic Acid-based Cosmetics
4.2.5. Stringent Regulations and Environmental Concerns
4.2.6. Increasing Application Areas in the Food & Beverage Industry
4.2.7. Significant Opportunities from Emerging Economies
4.3. Regulatory Analysis
4.3.1. Overview
4.3.2. North America
4.3.3. Europe
4.3.4. Asia-Pacific
4.3.5. Latin America
4.3.6. Middle East & Africa
4.4. Value Chain Analysis
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of Substitutes
4.5.4. Threat of New Entrants
4.5.5. Degree of Competition
4.6. Pricing Analysis
5. Glycolic Acid Market Assessment—by Purity
5.1. Overview
5.2. Glycolic Acid 99%
5.3. Glycolic Acid 70%
5.4. Glycolic Acid 60%
5.5. Glycolic Acid 30%
5.6. Others (Glycolic Acid 57% and others)
6. Glycolic Acid Market Assessment—by Source
6.1. Overview
6.2. Synthetic
6.3. Natural
7. Glycolic Acid Market Assessment—by Grade
7.1. Overview
7.2. Industrial Grade
7.3. Pharma/Medical Grade
7.4. Technical Grade
7.5. Cosmetic Grade
8. Glycolic Acid Market Assessment—by Application Industry
8.1. Overview
8.2. Personal Care & Cosmetics
8.3. Household
8.4. Leather & Textile
8.5. Medical & Pharmaceuticals
8.6. Other Application Industries (Agriculture, Food, Oil and Gas, Electronics, and Other Industrial)
9. Glycolic Acid Market Assessment–by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Russia
9.3.7. Rest of Europe (RoE)
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. South Korea
9.4.5. Australia
9.4.6. Indonesia
9.4.7. Thailand
9.4.8. Taiwan
9.4.9. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Argentina
9.5.4. Rest of Latin America (RoLATAM)
9.6. Middle East & Africa
9.6.1. Saudi Arabia
9.6.2. UAE
9.6.3. Israel
9.6.4. South Africa
9.6.5. Rest of Middle East & Africa (RoME&A)
10. Competitive Landscape
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.3.1. By Product Offering
10.3.2. By Geographic Presence
10.4. Competitive Dashboard
10.4.1. Industry Leaders
10.4.2. Market Differentiators
10.4.3. Vanguards
10.4.4. Contemporary Stalwarts
10.5. Market Share/Ranking Analysis, by the Key Players, 2023
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments, and SWOT Analysis*)
11.1. CrossChem Limited
11.2. PureTech Scientific, LLC
11.3. CABB Group
11.4. Fengchen Group Co., Ltd
11.5. Nikko Chemicals
11.6. Avid Organics Pvt. Ltd.
11.7. Mehul Dye Chem Industries
11.8. Kanto Chemical Co., Inc.
11.9. Junsei Chemical Co., Ltd.
11.10. Kishida Chemical Co., Ltd.
11.11. Other Companies
(Note: SWOT Analysis* of the Top 5 Companies will be provided)
12. Appendix
12.1. Available Customization
12.2. Related Reports
List of Tables
Table 1 Global Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 2 Global Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 3 Global Glycolic Acid 99% Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Glycolic Acid 99% Market, by Country/Region, 2022–2031 (Tons)
Table 5 Global Glycolic Acid 70% Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Glycolic Acid 70% Market, by Country/Region, 2022–2031 (Tons)
Table 7 Global Glycolic Acid 60% Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Glycolic Acid 60% Market, by Country/Region, 2022–2031 (Tons)
Table 9 Global Glycolic Acid 30% Market, by Country/Region, 2022–2031 (USD Million)
Table 10 Global Glycolic Acid 30% Market, by Country/Region, 2022–2031 (Tons)
Table 11 Global Other Purity Glycolic Acid Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Other Purity Glycolic Acid Market, by Country/Region, 2022–2031 (Tons)
Table 13 Global Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 14 Global Natural Glycolic Acid Market, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Synthetic Glycolic Acid Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 17 Global Industrial Grade Glycolic Acid Market, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Pharma/Medical Grade Glycolic Acid Market, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Technical Grade Glycolic Acid Market, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Cosmetic Grade Glycolic Acid Market, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 22 Global Glycolic Acid Market for Personal Care & Cosmetics, by Country/Region, 2022–2031 (USD Million)
Table 23 Global Glycolic Acid Market for Household, by Country/Region, 2022–2031 (USD Million)
Table 24 Global Glycolic Acid Market for Leather & Textile, by Country/Region, 2022–2031 (USD Million)
Table 25 Global Glycolic Acid Market for Medical & Pharmaceuticals, by Country/Region, 2022–2031 (USD Million)
Table 26 Global Glycolic Acid Market for Other Application Industries, by Country/Region, 2022–2031 (USD Million)
Table 27 Global Glycolic Acid Market, by Region, 2021–2030 (USD Million)
Table 28 Global Glycolic Acid Market, by Region, 2021–2030 (Tons)
Table 29 North America: Glycolic Acid Market, by Country, 2022–2031 (USD Million)
Table 30 North America: Glycolic Acid Market, by Country, 2022–2031 (Tons)
Table 31 North America: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 32 North America: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 33 North America: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 34 North America: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 35 North America: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 36 U.S.: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 37 U.S.: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 38 U.S.: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 39 U.S.: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 40 U.S.: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 41 Canada: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 42 Canada: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 43 Canada: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 44 Canada: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 45 Canada: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 46 Europe: Glycolic Acid Market, by Country, 2022–2031 (USD Million)
Table 47 Europe: Glycolic Acid Market, by Country, 2022–2031 (Tons)
Table 48 Europe: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 49 Europe: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 50 Europe: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 51 Europe: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 52 Europe: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 53 Europe: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 54 Germany: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 55 Germany: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 56 Germany: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 57 Germany: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 58 France: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 59 France: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 60 France: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 61 France: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 62 France: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 63 U.K.: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 64 U.K.: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 65 U.K.: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 66 U.K.: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 67 U.K.: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 68 Italy: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 69 Italy: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 70 Italy: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 71 Italy: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 72 Italy: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 73 Spain: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 74 Spain: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 75 Spain: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 76 Spain: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 77 Spain: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 78 Russia: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 79 Russia: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 80 Russia: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 81 Russia: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 82 Russia: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 83 Rest of Europe: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 84 Rest of Europe: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 85 Rest of Europe: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 86 Rest of Europe: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 87 Rest of Europe: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 88 Asia-Pacific: Glycolic Acid Market, by Country, 2022–2031 (USD Million)
Table 89 Asia-Pacific: Glycolic Acid Market, by Country, 2022–2031 (Tons)
Table 90 Asia-Pacific: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 91 Asia-Pacific: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 92 Asia-Pacific: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 93 Asia-Pacific: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 94 Asia-Pacific: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 95 China: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 96 China: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 97 China: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 98 China: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 99 China: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 100 Japan: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 101 Japan: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 102 Japan: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 103 Japan: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 104 Japan: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 105 India: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 106 India: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 107 India: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 108 India: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 109 India: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 110 South Korea: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 111 South Korea: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 112 South Korea: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 113 South Korea: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 114 South Korea: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 115 Australia: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 116 Australia: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 117 Australia: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 118 Australia: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 119 Australia: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 120 Indonesia: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 121 Indonesia: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 122 Indonesia: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 123 Indonesia: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 124 Indonesia: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 125 Thailand: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 126 Thailand: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 127 Thailand: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 128 Thailand: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 129 Thailand: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 130 Taiwan: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 131 Taiwan: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 132 Taiwan: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 133 Taiwan: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 134 Taiwan: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 135 Rest of Asia-Pacific: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 136 Rest of Asia-Pacific: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 137 Rest of Asia-Pacific: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 138 Rest of Asia-Pacific: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 139 Rest of Asia-Pacific: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 140 Latin America: Glycolic Acid Market, by Country, 2022–2031 (USD Million)
Table 141 Latin America: Glycolic Acid Market, by Country, 2022–2031 (Tons)
Table 142 Latin America: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 143 Latin America: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 144 Latin America: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 145 Latin America: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 146 Latin America: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 147 Brazil: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 148 Brazil: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 149 Brazil: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 150 Brazil: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 151 Brazil: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 152 Mexico: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 153 Mexico: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 154 Mexico: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 155 Mexico: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 156 Mexico: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 157 Argentina: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 158 Argentina: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 159 Argentina: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 160 Argentina: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 161 Argentina: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 162 Rest of Latin America: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 163 Rest of Latin America: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 164 Rest of Latin America: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 165 Rest of Latin America: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 166 Rest of Latin America: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 167 Middle East & Africa: Glycolic Acid Market, by Country, 2022–2031 (USD Million)
Table 168 Middle East & Africa: Glycolic Acid Market, by Country, 2022–2031 (Tons)
Table 169 Middle East & Africa: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 170 Middle East & Africa: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 171 Middle East & Africa: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 172 Middle East & Africa: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 173 Middle East & Africa: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 174 Saudi Arabia: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 175 Saudi Arabia: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 176 Saudi Arabia: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 177 Saudi Arabia: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 178 Saudi Arabia: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 179 UAE: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 180 UAE: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 181 UAE: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 182 UAE: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 183 UAE: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 184 Israel: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 185 Israel: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 186 Israel: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 187 Israel: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 188 Israel: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 189 South Africa: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 190 South Africa: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 191 South Africa: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 192 South Africa: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 193 South Africa: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 194 Rest of Middle East & Africa: Glycolic Acid Market, by Purity, 2022–2031 (USD Million)
Table 195 Rest of Middle East & Africa: Glycolic Acid Market, by Purity, 2022–2031 (Tons)
Table 196 Rest of Middle East & Africa: Glycolic Acid Market, by Source, 2022–2031 (USD Million)
Table 197 Rest of Middle East & Africa: Glycolic Acid Market, by Grade, 2022–2031 (USD Million)
Table 198 Rest of Middle East & Africa: Glycolic Acid Market, by Application Industry, 2022–2031 (USD Million)
Table 199 Recent Developments, by Company (2021–2024)
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for This Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 In 2024, the Glycolic Acid 99% Segment to Account for the Largest Share
Figure 8 In 2024, the Synthetic Segment to Account for the Largest Share
Figure 9 In 2024, the Cosmetic Grade Segment to Account for the Largest Share
Figure 10 The Personal Care & Cosmetics Segment to Register the Highest CAGR During 2024–2031
Figure 11 Asia-Pacific to be the Fastest-growing Regional Market
Figure 12 Impact Analysis of Market Dynamics
Figure 13 Global Glycolic Acid Market Value Chain
Figure 14 Global Glycolic Acid Market: Porter's Five Forces Analysis
Figure 15 Global Glycolic Acid Market, by Purity, 2024 Vs. 2031 (USD Million)
Figure 16 Global Glycolic Acid Market, by Purity, 2024 Vs. 2031 (Tons)
Figure 17 Global Glycolic Acid Market, by Source, 2024 Vs. 2031 (USD Million)
Figure 18 Global Glycolic Acid Market, by Grade, 2024 Vs. 2031 (USD Million)
Figure 19 Global Glycolic Acid Market, by Application Industry, 2024 Vs. 2031 (USD Million)
Figure 20 Global Glycolic Acid Market, by Region, 2024 Vs. 2031 (USD Million)
Figure 21 Global Glycolic Acid Market, by Region, 2024 Vs. 2031 (Tons)
Figure 22 North America: Glycolic Acid Market Snapshot (2024)
Figure 23 Europe: Glycolic Acid Market Snapshot (2024)
Figure 24 Asia-Pacific: Glycolic Acid Market Snapshot (2024)
Figure 25 Latin America: Glycolic Acid Market Snapshot (2024)
Figure 26 Middle East and Africa: Glycolic Acid Market Snapshot (2024)
Figure 27 Key Growth Strategies Adopted by Leading Players (2021–2024)
Figure 28 Global Glycolic Acid Market Competitive Benchmarking, by Product Type
Figure 29 Global Glycolic Acid Market Competitive Benchmarking, by Geographic Presence
Figure 30 Competitive Dashboard: Global Glycolic Acid Market
Figure 31 Global Glycolic Acid Market Share/Ranking, by Key Player, 2023 (%)
Figure 32 CABB Group GmbH: Financial Overview (2024)
Figure 33 Nikko Chemicals: Financial Overview (2024)
Figure 34 Kanto Chemical Co., Inc.: Financial Overview (2024)
Figure 35 Junsei Chemical Co., Ltd.: Financial Overview (2024)
Figure 35 Kishida Chemical Co., Ltd.: Financial Overview (2024)
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