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市场调查报告书
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1561612

2024-2032 年乙醇酸市场报告(按来源、纯度等级、应用和地区)

Glycolic Acid Market Report by Source, Purity Level, Application, and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 143 Pages | 商品交期: 2-3个工作天内

价格

2023年,全球乙醇酸IMARC Group规模达到4.562亿美元。该市场正在经历显着成长,主要是由于其在护肤、个人护理和製药领域的使用量不断增加。产品配方的创新和永续生产方法的转变也为市场成长做出了积极贡献。

乙醇酸市场分析:

  • 主要市场驱动因素:主要市场驱动因素包括护肤行业产品需求的不断增长(主要是抗衰老和去角质产品)以及药品应用的增加。消费者对永续和环保产品日益增长的偏好也推动了市场的发展。此外,旨在提高各产业乙醇酸功效的产品配方不断创新,也为市场创造了正面的前景。
  • 主要市场趋势:市场的主要趋势包括护肤品中乙醇酸的使用增加,这主要是由于其抗衰老和去角质功效。逐步转向可持续和环保的生产方法以及产品配方的创新也推动了市场的成长。随着当今消费者寻求兼具功效和安全性的产品,消费者对有效护肤解决方案的需求不断增长,进一步促进了市场的扩张。
  • 地理趋势:由于个人护理和化妆品行业的需求不断增长,北美市场的地理趋势显示出显着增长。欧洲紧随其后,主要是受到製药和纺织品应用不断增长的推动。亚太地区正在成为工业化快速发展和消费者护肤品意识不断提高的关键地区。这些地区的需求得到了製造业进步和向永续实践的转变的支持,进一步推动了全球市场的成长。
  • 竞争格局:乙醇酸产业的一些主要市场参与者包括Avid Organics、CABB Group GmbH、中国石油化工集团公司、CrossChem Limited、Mehul Dye Chem Industries、Merck KGaA、Parchem 精细和特种化学品、科慕公司、东京化成工业有限公司、水化学有限公司及中兰实业有限公司等。
  • 挑战与机会:市场面临严格的法规要求、原物料价格波动等各种挑战。然而,这些挑战也为成本效益和永续生产方法的创新提供了重大机会。与此一致的是,消费者对有效护肤产品的需求不断增长,以及在药品和纺织品领域的不断扩大的应用提供了巨大的成长潜力。

乙醇酸市场趋势:

护肤产品需求不断成长

乙醇酸在护肤行业中越来越受欢迎,尤其是其抗衰老和去角质功效。其分子尺寸小,能深入渗透肌肤,有效促进细胞更新,展现更清新、更年轻的肌肤。这使其成为针对细纹、皱纹和色素沉着的产品的关键成分。消费者越来越多地寻求具有明显效果的产品,从而推动了对乙醇酸配方的需求。此外,它能够温和地去角质并改善皮肤纹理,而不会产生明显的刺激,这扩大了它在各种护肤程序中的吸引力。例如,2024 年 2 月,巴黎欧莱雅推出了针对印度护肤需求量身订製的乙醇酸亮黑眼圈眼部精华液。这款突破性产品旨在短短两週内将黑眼圈减少 49%。精华液含有 3% 的乙醇酸、维生素 CG 和烟碱酰胺,配有独特的三重珠涂抹器,可快速吸收和即时冷却效果。这些发展以及产品配方和针对性解决方案的不断创新,为乙醇酸市场的成长做出了重大贡献。

日益关注永续发展

在乙醇酸市场,随着公司应对日益严重的环境问题,人们越来越重视永续和环保的生产方法。製造商正在探索透过采用更环保的工艺来最大限度地减少碳足迹的方法,例如使用可再生原材料和减少生产中的浪费。这种转变是由消费者对环保产品的需求不断增长和监管压力所推动的。随着永续性成为关键的差异化因素,投资环保生产方法的公司能够更好地满足市场期望并获得竞争优势。例如,2023 年 3 月,科慕推出了一项长期可持续发展计划,旨在与 2023 年基准相比,将其乙醇酸等级的碳足迹减少高达 80%。该倡议包括转向再生能源以及使用可再生来源或回收的二氧化碳。科慕也将用合成气甲醛取代石化甲醛。

配方创新

配方创新是乙醇酸市场的一个主要趋势,因为公司投资于提高其功效,特别是在个人护理和药品领域。透过开发先进的配方,製造商旨在提高乙醇酸在护肤品中的性能,使其更有效地治疗色素沉着、痤疮和衰老等问题。在製药领域,创新的重点是在药物传输系统中利用乙醇酸并创造稳定的高纯度配方。这些创新不仅提高了产品功效,也满足了消费者对安全可靠的护肤和製药解决方案日益增长的需求。这些创新配方提高了产品性能,满足了对有效、可靠的护肤和药物解决方案日益增长的需求,从而提高了乙醇酸的整体市场价值。例如,2024 年 6 月,Living Proof 推出了一款头皮护理去角质剂,旨在消除头皮屑和多余油脂。洗髮前配方含有用于去角质的乙醇酸、BHA 和 PH、用于补水的 Pentavitin 益生元以及舒缓的植物萃取物。此次推出反映了人们对头髮护理中头皮健康的日益重视,以及对有针对性的头皮护理产品的需求不断增长。行业专家将这一趋势归因于消费者对头皮健康重要性的认识不断提高以及对抗衰老头皮解决方案的渴望。

乙醇酸市场区隔:

IMARC Group提供了每个细分市场的主要趋势的分析,以及 2024-2032 年全球、区域和国家层面的预测。我们的报告根据来源、纯度等级和应用对市场进行了分类。

按来源划分:

  • 合成的
  • 自然的

合成材料占大部分市场份额

该报告根据来源提供了详细的市场细分和分析。这包括合成的和天然的。根据该报告,合成材料占最大的部分。

合成乙醇酸因其稳定的品质、可扩展性和成本效益而占据了乙醇酸市场的大部分份额。合成乙醇酸的生产过程可以更好地控制纯度水平和批次一致性,这对于其在化妆品和药品等敏感应用中的使用至关重要。此外,工业规模生产合成乙醇酸的能力确保了稳定的供应,使其比天然来源更容易获得和负担得起。根据乙醇酸市场预测,在个人护理和製药行业需求不断增长的推动下,未来几年市场预计将显着增长。随着乙醇酸的需求持续成长,特别是在个人护理行业,在这些实际优势的推动下,对合成选择的偏好仍然强劲。

按纯度等级划分:

  • 99% 纯度
  • 70% 纯度
  • 60% 纯度
  • 30% 纯度
  • 其他的

99%纯度占业界第一

报告中也提供了基于纯度等级的详细市场区隔和分析。这包括 99% 纯度、70% 纯度、60% 纯度、30% 纯度等。根据该报告,99% 的纯度代表了最大的部分。

根据乙醇酸市场研究报告,纯度为99%的乙醇酸由于其卓越的品质和在各种应用中的有效性,特别是在化妆品和製药领域,占据了该行业的最大份额。这种高纯度乙醇酸对于生产需要精确和安全的产品至关重要,例如换肤、抗衰老疗法和药物配方。 99% 的纯度水平确保了杂质最少,这对于保持这些产品的功效和安全性至关重要,特别是当应用于敏感皮肤时。此外,在需要一致化学性能的工业应用中,高纯度乙醇酸是首选。这种纯度等级的主导地位反映了市场对消费品和工业产品中可靠和高品质成分的需求。这些特性创造了积极的乙醇酸市场前景,同时推动了多个行业的产品需求,特别是在优先考虑高品质和安全标准的行业。

按应用划分:

  • 个人护理和化妆品
  • 家庭
  • 纺织品
  • 食品加工
  • 药品
  • 其他的

个人护理和化妆品代表领先的细分市场

该报告根据应用程式提供了详细的市场细分和分析。这包括个人护理和化妆品、家居、纺织、食品加工、药品等。报告显示,个人护理和化妆品占据最大的市场份额。

根据乙醇酸市场报告,由于乙醇酸广泛用于护肤产品,包括去角质剂、化学换肤和抗衰老治疗,因此个人护理和化妆品占据了市场的主导地位。乙醇酸能够深入渗透皮肤、去除死细胞并促进胶原蛋白生成,使其成为各种配方中的首选成分。对焕肤和改善质感产品的需求正在推动这一细分市场的成长。随着消费者越来越多地寻求有效的、有科学依据的护肤解决方案,乙醇酸在化妆品行业中的作用不断扩大,巩固了其在该细分市场的主导地位。例如,2024 年 7 月,Foxtale 和 Nykaa 宣布合作推出一系列含有乙醇酸的新身体护理产品。此次合作旨在透过结合乙醇酸的去角质和提亮特性,同时提供令人愉悦的感官体验,重新定义身体护理。这些产品是在亮白系列下设计的,承诺提升肤色并提供持久的花香。这些策略性努力,特别是引入含有乙醇酸的新型个人护理和化妆品产品,正在推动世界各地对乙醇酸的需求。这一趋势凸显了消费者对基于科学的护肤解决方案的日益青睐,这些解决方案具有嫩肤、提亮和增强质感等功效。随着消费者不断寻求有效和创新的护肤选择,乙醇酸在这些产品中的作用正在扩大,进一步推动其市场成长。

按地区划分:

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲

北美市场领先,乙醇酸市占率最大

该报告还对所有主要区域市场进行了全面分析,其中包括北美(美国和加拿大);欧洲(德国、法国、英国、义大利、西班牙、俄罗斯等);亚太地区(中国、日本、印度、韩国、澳洲、印尼等);拉丁美洲(巴西、墨西哥等);以及中东和非洲。报告称,北美是乙醇酸最大的区域市场。

由于乙醇酸在个人护理和化妆品行业的广泛应用,北美占据了乙醇酸市场的最大份额。该地区的需求受到消费者对抗老化产品和利用乙醇酸嫩肤的化学换肤产品的偏好的推动。此外,北美可持续和生物基化学品的成长趋势促进了乙醇酸在包括纺织和製药在内的各个行业的采用。根据乙醇酸市场概况,北美的市场领先地位主要是由于其在个人护理和化妆品行业中广泛使用乙醇酸,该产品因其在护肤配方中的功效而受到青睐。该地区对创新和产品开发的重视,加上消费者对高品质护肤解决方案的需求,进一步巩固了其市场地位。主要製造商的强大实力和先进的研发活动巩固了北美在全球乙醇酸市场的主导地位。根据业界报告显示,乙醇酸的月均搜寻量显着增加,达到 244.5K Google 搜寻量。年比变化 10.5%,这一上升反映出人们对乙醇酸作为护肤品主要成分的兴趣日益浓厚。该报告表明,品牌可以透过将乙醇酸纳入其配方中来满足消费者对有效护肤解决方案的需求。

(请注意,这只是关键参与者的部分列表,报告中提供了完整列表。)

  • 由于各行业(特别是护肤品、药品和个人护理行业)对该化合物的需求量很大,乙醇酸市场的特点是竞争激烈。乙醇酸公司致力于提高产品纯度和品质,以满足消费者对有效和安全产品日益增长的偏好。创新是关键的竞争因素,该公司正在开发新的配方,以增强乙醇酸在抗衰老和去角质产品等各种应用中的功效。市场也正在转向可持续和环保的生产方法,这正在成为竞争对手的一个显着差异化因素。此外,价格敏感度和监管合规性至关重要,因为公司努力提供具有成本效益的解决方案,同时满足严格的安全标准。这些策略重点,包括产品配方创新、向永续生产方法的转变以及遵守监管合规性,预计将在未来显着提高乙醇酸市场收入。

乙醇酸市场新闻:

  • 2023 年 8 月,PureTech Scientific LLC 在 Iron Path Capital 的支持下,最终以 1.37 亿美元现金从科慕公司收购了乙醇酸业务。此次收购使 PureTech Scientific 成为为生命科学和特种化学品行业生产超高纯度 α 羟基酸的全球领导者。该公司专注于提供卓越的客户支援、永续发展和创新,以推动各行业终端市场的成长。
  • 2024 年 3 月,Era Organics 推出了乙醇酸化学换肤术,可以在家中进行专业护肤。该换肤术专为 25 至 70 岁的女性设计,针对皱纹、毛孔和老化迹象。它含有独特的乙醇酸、水杨酸和乳酸混合物,以及麦卢卡蜂蜜和芦荟等天然成分。

本报告回答的关键问题:

  • 迄今为止,全球乙醇酸市场表现如何,未来几年将如何表现?
  • 全球乙醇酸市场的驱动因素、限制因素和机会是什么?
  • 每个驱动因素、限制因素和机会对全球乙醇酸市场有何影响?
  • 主要区域市场有哪些?
  • 哪些国家代表了最具吸引力的乙醇酸市场?
  • 基于来源的市场区隔是什么?
  • 乙醇酸市场上最具吸引力的来源是什么?
  • 根据纯度等级市场划分是怎样的?
  • 乙醇酸市场上哪个纯度等级最具吸引力?
  • 基于应用的市场区隔是什么?
  • 乙醇酸市场中最具吸引力的应用是什么?
  • 市场按地区划分是怎样的?
  • 乙醇酸市场最具吸引力的地区是哪一个?
  • 市场竞争结构如何?
  • 全球乙醇酸市场的主要参与者/公司有哪些?

本报告回答的关键问题:

  • 迄今为止,全球乙醇酸市场表现如何,未来几年将如何表现?
  • 全球乙醇酸市场的驱动因素、限制因素和机会是什么?
  • 每个驱动因素、限制因素和机会对全球乙醇酸市场有何影响?
  • 主要区域市场有哪些?
  • 哪些国家代表了最具吸引力的乙醇酸市场?
  • 基于来源的市场区隔是什么?
  • 乙醇酸市场上最具吸引力的来源是什么?
  • 根据纯度等级市场划分是怎样的?
  • 乙醇酸市场上哪个纯度等级最具吸引力?
  • 基于应用的市场区隔是什么?
  • 乙醇酸市场中最具吸引力的应用是什么?
  • 市场按地区划分是怎样的?
  • 乙醇酸市场最具吸引力的地区是哪一个?
  • 市场竞争结构如何?
  • 全球乙醇酸市场的主要参与者/公司有哪些?

目录

第一章:前言

第 2 章:范围与方法

  • 研究目的
  • 利害关係人
  • 数据来源
    • 主要来源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章:执行摘要

第 4 章:简介

  • 概述
  • 主要行业趋势

第 5 章:全球乙醇酸市场

  • 市场概况
  • 市场表现
  • COVID-19 的影响
  • 市场预测

第 6 章:市场区隔:依来源

  • 合成的
    • 市场趋势
    • 市场预测
  • 自然的
    • 市场趋势
    • 市场预测

第 7 章:市场区隔:依纯度等级

  • 99% 纯度
    • 市场趋势
    • 市场预测
  • 70% 纯度
    • 市场趋势
    • 市场预测
  • 60% 纯度
    • 市场趋势
    • 市场预测
  • 30% 纯度
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 8 章:市场区隔:按应用

  • 个人护理和化妆品
    • 市场趋势
    • 市场预测
  • 家庭
    • 市场趋势
    • 市场预测
  • 纺织品
    • 市场趋势
    • 市场预测
  • 食品加工
    • 市场趋势
    • 市场预测
  • 药品
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 9 章:市场区隔:按地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场趋势
    • 市场细分:按国家/地区
    • 市场预测

第 10 章:SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 11 章:价值链分析

第 12 章:波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 13 章:价格分析

第14章:竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • Avid Organics
    • CABB Group GmbH
    • China Petrochemical Corporation
    • CrossChem Limited
    • Mehul Dye Chem Industries
    • Merck KGaA
    • Parchem fine and specialty chemicals
    • The Chemours Company
    • Tokyo Chemical Industry Co. Ltd
    • Water Chemical Co. Ltd
    • Zhonglan Industry Co. Ltd
Product Code: SR112024A4464

The global glycolic acid market size reached US$ 456.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 796.6 Million by 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032. The market is experiencing a significant growth mainly driven by its rising usage in skincare, personal care and pharmaceutical sectors. Innovations in product formulations and a shift toward sustainable production methods are also contributing positively to the market growth.

Glycolic Acid Market Analysis:

  • Major Market Drivers: Key market drivers include the rising product demand in the skincare industry mainly for anti-aging and exfoliation products and increased application in pharmaceuticals. The market is also driven by the growing consumer preference for sustainable and ecofriendly products. Furthermore, the ongoing innovations in product formulations which aims at improving the efficacy of glycolic acid across various industries, is also creating a positive outlook for the market.
  • Key Market Trends: Key trends in the market include the increased use of glycolic acid in skincare products mainly due to its anti-aging and exfoliation benefits. The gradual shift toward sustainable and eco-friendly production methods along with innovations in product formulations are also propelling the market growth. The growing consumer demand for effective skin care solutions is further enhancing the market's expansion as consumers nowadays seek products that offer both efficacy and safety.
  • Geographical Trends: Geographical trends in the market shows significant growth in North America due to its rising demand in personal care and cosmetics industry. Europe follows closely, mainly driven by the growing applications in pharmaceuticals and textiles. Asia-Pacific is emerging as a key region with rapid industrialization and rising consumer awareness of skin care products. The demand in these regions is supported by advancements in manufacturing and the shift towards sustainable practices further fueling the market's growth globally.
  • Competitive Landscape: Some of the major market players in the glycolic acid industry include Avid Organics, CABB Group GmbH, China Petrochemical Corporation, CrossChem Limited, Mehul Dye Chem Industries, Merck KGaA, Parchem fine and specialty chemicals, The Chemours Company, Tokyo Chemical Industry Co. Ltd, Water Chemical Co. Ltd and Zhonglan Industry Co. Ltd., among many others.
  • Challenges and Opportunities: The market faces various challenges such as strict regulatory requirements and price volatility of raw materials. However, these challenges also present significant opportunities for innovation in cost effective and sustainable production methods. In line with this, the rise in the consumer demand for effective skincare products and the expanding applications in pharmaceuticals and textiles offers significant growth potential.

Glycolic Acid Market Trends:

Rising Product Demand in Skincare

Glycolic acid is gaining popularity in the skincare industry, particularly for its anti-aging and exfoliation benefits. Its small molecular size allows it to penetrate the skin deeply, effectively promoting cell turnover and revealing fresher, younger-looking skin. This has made it a key ingredient in products targeting fine lines, wrinkles, and hyperpigmentation. Consumers are increasingly seeking products that provide visible results, driving the demand for glycolic acid-based formulations. Additionally, its ability to gently exfoliate and improve skin texture without significant irritation has broadened its appeal across various skincare routines. For instance, in February 2024, L'Oreal Paris launched the Glycolic Bright Dark Circle Eye Serum, tailored for Indian skincare needs. This breakthrough product is designed to reduce dark circles by 49% in just two weeks. The serum, containing three percent Glycolic Acid, Vitamin CG, and Niacinamide, comes with a unique Triple Bead Applicator for quick absorption and instant cooling effect. These developments, along with the continuous innovation in product formulations and targeted solutions, are significantly contributing to the glycolic acid market growth.

Rising Focus on Sustainability

In the glycolic acid market, there is a growing emphasis on sustainable and eco-friendly production methods as companies respond to increasing environmental concerns. Manufacturers are exploring ways to minimize their carbon footprint by adopting greener processes, such as using renewable raw materials and reducing waste in production. This shift is driven by the rising consumer demand for environmentally responsible products and regulatory pressures. As sustainability becomes a key differentiator, companies investing in eco-friendly production methods are better positioned to meet market expectations and gain a competitive edge. For instance, in March 2023, Chemours unveiled a long-term sustainability program, aiming to reduce the carbon footprint of its glycolic acid grades by up to 80% as compared to a 2023 baseline. The initiative includes a shift to renewable energy and the use of renewably sourced or recycled carbon dioxide. Chemours will also replace petrochemical-based formaldehyde with syngas-based formaldehyde.

Innovation in Formulations

Innovation in formulations is a key trend in the glycolic acid market, as companies invest in enhancing its efficacy, especially in personal care and pharmaceutical products. By developing advanced formulations, manufacturers aim to improve glycolic acid's performance in skincare, making it more effective in treating issues like hyperpigmentation, acne, and aging. In pharmaceuticals, innovation focuses on utilizing glycolic acid in drug delivery systems and creating stable, high-purity formulations. These innovations not only increase product effectiveness but also cater to the growing consumer demand for safe and reliable skincare and pharmaceutical solutions. These innovative formulations enhance product performance, meeting the increasing demand for effective and reliable skincare and pharmaceutical solutions, which, in turn, enhanced the overall glycolic acid market value. For instance, in June 2024, Living Proof unveiled a Scalp Care Exfoliator designed to eliminate flakiness and excess oil. The pre-shampoo formulation contains glycolic acid, BHAs, and PHs for exfoliation, a Pentavitin prebiotic for hydration, and soothing botanical extracts. The launch reflects the rising emphasis on scalp wellness in hair care, with a growing demand for targeted scalp care products. Industry experts attribute this trend to the increasing consumer awareness of the importance of scalp health and the desire for anti-aging scalp solutions.

Glycolic Acid Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on source, purity level, and application.

Breakup by Source:

  • Synthetic
  • Natural

Synthetic accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the source. This includes synthetic and natural. According to the report, synthetic represented the largest segment.

Synthetic glycolic acid accounts for the majority of the glycolic acid market share due to its consistent quality, scalability, and cost-effectiveness. The production process of synthetic glycolic acid allows for better control over purity levels and batch consistency, which is essential for its use in sensitive applications like cosmetics and pharmaceuticals. Additionally, the ability to produce synthetic glycolic acid on an industrial scale ensures a stable supply, making it more accessible and affordable compared to natural sources. According to the glycolic acid market forecast, the market is expected to experience significant growth over the coming years, driven by increasing demand in the personal care and pharmaceutical industries. As demand for glycolic acid continues to grow, particularly in the personal care industry, the preference for synthetic options remains strong, driven by these practical advantages.

Breakup by Purity Level:

  • 99% Purity
  • 70% Purity
  • 60% Purity
  • 30% Purity
  • Others

99% Purity holds the largest share of the industry

A detailed breakup and analysis of the market based on the purity level have also been provided in the report. This includes 99% purity, 70% purity, 60% purity, 30% purity, and others. According to the report, 99% purity represented the largest segment.

According to glycolic acid market research report, glycolic acid with 99% purity holds the largest share of the industry due to its superior quality and effectiveness in various applications, particularly in the cosmetics and pharmaceutical sectors. This high-purity glycolic acid is essential for producing products that require precision and safety, such as skin peels, anti-aging treatments, and medicinal formulations. The 99% purity level ensures minimal impurities, which is critical for maintaining the efficacy and safety of these products, especially when applied to sensitive skin. Additionally, high-purity glycolic acid is preferred in industrial applications where consistent chemical performance is necessary. The dominance of this purity grade reflects the market's demand for reliable and high-quality ingredients in both consumer and industrial products. These attributes create a positive glycolic acid market outlook while driving the product demand across multiple industries, especially in sectors that prioritize high standards of quality and safety.

Breakup by Application:

  • Personal Care and Cosmetics
  • Household
  • Textile
  • Food Processing
  • Pharmaceuticals
  • Others

Personal Care and Cosmetics represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes personal care and cosmetics, household, textile, food processing, pharmaceuticals, and others. According to the report, personal care and cosmetics accounted for the largest market share.

According to glycolic acid market report, personal care and cosmetics represents the leading segment in the market due to its widespread use in skincare products, including exfoliants, chemical peels, and anti-aging treatments. Glycolic acid's ability to penetrate the skin deeply, remove dead cells, and promote collagen production makes it a preferred ingredient in various formulations. The demand for products that offer skin rejuvenation and improved texture is driving the growth of this segment. As consumers increasingly seek effective, science-backed skincare solutions, the role of glycolic acid in the cosmetics industry continues to expand, reinforcing its dominance in this market segment. For instance, in July 2024, Foxtale and Nykaa announced partnership to introduce a new line of body care products featuring glycolic acid. This collaboration aims to redefine body care by incorporating the exfoliating and brightening properties of glycolic acid while delivering a delightful sensory experience. The products, designed under the Brightening Range, promise to elevate skin tone and offer a lasting floral fragrance. These strategic efforts, particularly the introduction of new personal care and cosmetics products incorporating glycolic acid, are fueling the glycolic acid demand across the world. This trend underscores the increasing consumer preference for science-based skincare solutions that offer benefits like skin rejuvenation, brightening, and enhanced texture. As consumers continue to seek effective and innovative skincare options, the role of glycolic acid in these products is expanding, further driving its market growth.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

North America leads the market, accounting for the largest glycolic acid market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America represents the largest regional market for glycolic acid.

North America holds the largest share of the glycolic acid market, driven by its extensive application in the personal care and cosmetics industry. The region's demand is fueled by consumer preference for anti-aging products and chemical peels that utilize glycolic acid for skin rejuvenation. Additionally, the growing trend towards sustainable and bio-based chemicals in North America boosts the adoption of glycolic acid in various industries, including textiles and pharmaceuticals. According to the glycolic acid market overview, North America's market leadership is primarily driven by its extensive use of glycolic acid in the personal care and cosmetics industry, where the product is favored for its effectiveness in skincare formulations. The region's focus on innovations and product development, coupled with consumer demand for high-quality skincare solutions, further strengthens its market position. The robust presence of key manufacturers and advanced research and development activities solidify North America's dominant position in the global glycolic acid market. According to industry reports, glycolic acid has witnessed a significant increase in average monthly search volume, reaching 244.5K Google searches. With a year-over-year change of 10.5%, this uptick reflects the growing interest in glycolic acid as a prominent ingredient in skincare products. The report suggests that brands can benefit from incorporating glycolic acid into their formulations to meet the consumer demand for effective skincare solutions.

Competitive Landscape:

  • The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the glycolic acid industry include Avid Organics, CABB Group GmbH, China Petrochemical Corporation, CrossChem Limited, Mehul Dye Chem Industries, Merck KGaA, Parchem fine and specialty chemicals, The Chemours Company, Tokyo Chemical Industry Co. Ltd, Water Chemical Co. Ltd and Zhonglan Industry Co. Ltd.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

  • The glycolic acid market is characterized by intense competition due to the high demand for this compound across various industries, particularly in skincare, pharmaceuticals, and personal care. Glycolic acid companies are focusing on improving product purity and quality to cater to the growing consumer preference for effective and safe products. Innovation is a key competitive factor, with companies developing new formulations that enhance the efficacy of glycolic acid in various applications, such as anti-aging and exfoliation products. The market is also seeing a shift towards sustainable and eco-friendly production methods, which is becoming a significant differentiator among competitors. Additionally, price sensitivity and regulatory compliance are crucial, as companies strive to offer cost-effective solutions while meeting stringent safety standards. These strategic focuses, including innovation in product formulations, the shift towards sustainable production methods, and adherence to regulatory compliance, are expected to significantly boost glycolic acid market revenue in the coming future.

Glycolic Acid Market News:

  • In August 2023, PureTech Scientific LLC finalized its acquisition of the Glycolic Acid business from The Chemours Company for $137 million in cash, with backing from Iron Path Capital. This acquisition establishes PureTech Scientific as a global leader in producing ultra-high purity alpha hydroxy acids for the Life Sciences and Specialty Chemical industries. The company is focused on providing superior customer support, sustainability, and innovation to drive end-market growth in various industries.
  • In March 2024, Era Organics introduced the Glycolic Acid Chemical Peel, which allows for professional skincare at home. The peel is designed for women aged 25 to 70 and targets wrinkles, pores, and signs of aging. It includes a unique blend of glycolic, salicylic, and lactic acids, along with natural ingredients such as Manuka Honey and Aloe Vera.

Key Questions Answered in This Report:

  • How has the global glycolic acid market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global glycolic acid market?
  • What is the impact of each driver, restraint, and opportunity on the global glycolic acid market?
  • What are the key regional markets?
  • Which countries represent the most attractive glycolic acid market?
  • What is the breakup of the market based on the source?
  • Which is the most attractive source in the glycolic acid market?
  • What is the breakup of the market based on the purity level?
  • Which is the most attractive purity level in the glycolic acid market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the glycolic acid market?
  • What is the breakup of the market based on the region?
  • Which is the most attractive region in the glycolic acid market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global glycolic acid market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Glycolic Acid Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Source

  • 6.1 Synthetic
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Natural
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Purity Level

  • 7.1 99% Purity
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 70% Purity
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 60% Purity
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 30% Purity
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Personal Care and Cosmetics
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Household
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Textile
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Food Processing
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Pharmaceuticals
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Avid Organics
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 CABB Group GmbH
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 China Petrochemical Corporation
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 CrossChem Limited
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Mehul Dye Chem Industries
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Merck KGaA
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Parchem fine and specialty chemicals
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 The Chemours Company
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Tokyo Chemical Industry Co. Ltd
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Water Chemical Co. Ltd
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Zhonglan Industry Co. Ltd
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio

List of Figures

  • Figure 1: Global: Glycolic Acid Market: Major Drivers and Challenges
  • Figure 2: Global: Glycolic Acid Market: Sales Value (in Million US$), 2018-2023
  • Figure 3: Global: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 4: Global: Glycolic Acid Market: Breakup by Source (in %), 2023
  • Figure 5: Global: Glycolic Acid Market: Breakup by Purity Level (in %), 2023
  • Figure 6: Global: Glycolic Acid Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Glycolic Acid Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Glycolic Acid (Synthetic) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Glycolic Acid (Synthetic) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Glycolic Acid (Natural) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Glycolic Acid (Natural) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Glycolic Acid (99% Purity) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Glycolic Acid (99% Purity) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Glycolic Acid (70% Purity) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Glycolic Acid (70% Purity) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Glycolic Acid (60% Purity) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Glycolic Acid (60% Purity) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Glycolic Acid (30% Purity) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Glycolic Acid (30% Purity) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Glycolic Acid (Other Purity Levels) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Glycolic Acid (Other Purity Levels) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Glycolic Acid (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Glycolic Acid (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Glycolic Acid (Household) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Glycolic Acid (Household) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Glycolic Acid (Textile) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Glycolic Acid (Textile) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Glycolic Acid (Food Processing) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Glycolic Acid (Food Processing) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Global: Glycolic Acid (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Global: Glycolic Acid (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Global: Glycolic Acid (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Global: Glycolic Acid (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: North America: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: North America: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: United States: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: United States: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Canada: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Canada: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Asia-Pacific: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Asia-Pacific: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: China: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: China: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Japan: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Japan: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: India: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: India: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: South Korea: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: South Korea: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Australia: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Australia: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Indonesia: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Indonesia: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Others: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Others: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Europe: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Europe: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Germany: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Germany: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: France: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: France: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: United Kingdom: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: United Kingdom: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Italy: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Italy: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Spain: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Spain: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Russia: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Russia: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Others: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Others: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Latin America: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Latin America: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Brazil: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Brazil: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Mexico: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Mexico: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 78: Others: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 79: Others: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 80: Middle East and Africa: Glycolic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 81: Middle East and Africa: Glycolic Acid Market: Breakup by Country (in %), 2023
  • Figure 82: Middle East and Africa: Glycolic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 83: Global: Glycolic Acid Industry: SWOT Analysis
  • Figure 84: Global: Glycolic Acid Industry: Value Chain Analysis
  • Figure 85: Global: Glycolic Acid Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Glycolic Acid Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Glycolic Acid Market Forecast: Breakup by Source (in Million US$), 2024-2032
  • Table 3: Global: Glycolic Acid Market Forecast: Breakup by Purity Level (in Million US$), 2024-2032
  • Table 4: Global: Glycolic Acid Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Glycolic Acid Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Glycolic Acid Market: Competitive Structure
  • Table 7: Global: Glycolic Acid Market: Key Players