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World Glycolic Acid Market: Industry Analysis, Size, Share, Growth, Forecast,2017–2023.

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Presentation on theme: "World Glycolic Acid Market: Industry Analysis, Size, Share, Growth, Forecast,2017–2023."— Presentation transcript:

1 World Glycolic Acid Market: Industry Analysis, Size, Share, Growth, Forecast,2017–2023

2 OVERVIEW World Glycolic Acid Market World Glycolic Acid Market a group of active compounds known as AHAs (alpha hydroxyl acids), which are primarily found in vegetables and fruits such as sugarcane, pineapple, unripe grapes, etc. Glycolic acid possesses the smallest molecules in the group; this enables quick and easy penetration of human skin. It is therefore very effective in skin treatment and is widely used in cosmetic formulations. Due to the increased adoption of personal care products, the glycolic acid market is witnessing significant growth. Glycolic acid is also used for the manufacturing of poly glycolic acid (PGA) and in absorbable sutures for surgical/medical applications. Improving healthcare standards, particularly in emerging economies, are expected to accelerate the demand for these sutures. This would, in turn, boost the demand for glycolic acid. The key players operating in this market are Chemsolv, Inc., DuPont, Phibro Animal Health Corporation, CrossChem LP, Parchem, Sigma- Aldrich, Phibro Animal Health Corporation, Griffin International Inc. and Crosschem LP. The report forecasts the World Glycolic Acid Market to grow at a CAGR of 12.47% during the period 2017-2023.

3 Glycolic acid; chemical formula C2H4O3, is the smallest a-hydroxy acid. This colorless, odorless, and hygroscopic crystalline solid is highly soluble in water. It is used in various skin-care products. Glycolic acid is found in some sugar-crops. Formula: C2H4O3 Molar mass: 76.05 g/mol IUPAC ID: 2-Hydroxyethanoic acid Related a-hydroxy acids: Lactic acid Solubility in other solvents: alcohols, acetone, acetic acid and; ethyl acetate Soluble in: Water, Acetic acid, Alcohol, Acetone, Ethyl acetate

4 Growing use of the product in various applications including personal care and household is expected to drive demand. The product is extensively used in the manufacturing of cleaning agent formulations as well as skin care creams, thus promoting its growth.

5 Growing use of the product in shampoo formulations for treatment of dandruff and hair conditioning is expected to augment demand over the projected period. However, availability of alternate products such as salicylic acid coupled with stringent regulations by bodies such as Food and Drug Administration (FDA) limiting the concentration of glycolic acid in personal care products is expected to restrain growth.

6 KEY BENEFITS The report provides an in-depth analysis of the global glycolic acid market, including information about the current market situation, changing market dynamics, expected trends and market intelligence The factors which drive and impede the growth of the global glycolic acid market are comprehensively analyzed in this study. Porter’s Five Force model and SWOT analysis of the industry illustrates the potency of buyers and sellers operating in the market The report contains a comprehensive study of the key strategies adopted by companies to gain traction in the market Micro level analysis of the glycolic acid market is conducted based on various applications and regions. REGIONAL ANALYSIS: The world market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. For More Information visiting in https://goo.gl/E6FfUmhttps://goo.gl/E6FfUm

7 KEY VENDORS IN THIS MARKET ARE - CrossChem LP Phibro Animal Health Corporation SimcoQC The Chemours Company Zhonglan Industry Co Other prominent vendors in the market include Ava Chemicals, Avid Organics, CABB, Euromi, Griffin International, Hefei TNJ Chemical Industry, Jlight Chemicals Company, Kureha Corporation, Mehul Dye Chem Industries, Simco Chemicals, and Vornia Biomaterials.

8 These days, however, manufacturers often make it synthetically. Regardless of the manufacturing method, glycolic acid falls into a category of effective active compounds known as alpha hydroxy acids (AHAs). Glycolic acid = sugar cane Lactic acid = milk Citric acid = oranges and lemons Malic acid = apples and pears Tartaric acids = grapes World Glycolic Acid Market description Tables, Figures, Charts and Companies Mentioned in World Glycolic Acid Market 2017-2023 https://goo.gl/3fgzeohttps://goo.gl/3fgzeo

9 Thank You! For More Details https://www.alliedmarketresearch.com


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