World glycolic acid market:Industry Analysis, Size,Share, Growth,Forecast, 2017-2023

Page 1

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

Glycolic acid; chemical formula C₂H₄O₃, is the smallest α-hydroxy acid. This colorless, odorless, and hygroscopic crystalline solid is highly soluble in water. Glycolic acid or hydroxyacetic acid (C2H4O3) is a class of chemical compound that consists of carboxylic acid substituted with hydroxyl group on the adjacent carbon. It is a colorless and odorless liquid, and soluble in alcohol at room temperature. It can be processed naturally and synthetically.


It has various properties such as anti-inflammatory effects, anti-oxidant action. Additionally, it is used in the fibroblast stimulation and keratolytic therapy, hence, it is used in personal care, textile dyeing & finishing, oil field, petroleum refining, and others.

For more information about this report visit https://goo.gl/E6FfUm Personal care application is expected to be valued at over USD 98.0 million in 2017 driven by increasing use of the product in cosmeceutical preparations such as skin creams, lotions for treatment of blackheads, acne face lines and the treatment of oiliness. In addition, the demand for glycolic acid based skin peels for face cleansing is expected to bolster the demand over the forecast period. 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.

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.


What is Glycolic Acid and why does it work so well? Glycolic acid is part of the group of active compounds known as AHA’s (alpha hydroxy acids). Derived from cane sugar It has the smallest molecules in the group so is able to penetrate skin deeply and easily, making it the most effective for treating fine lines, acne, blackheads, dullness, oiliness etc Chemical peels use a high percentage of this acid and can be very effective if done safely and properly. An even better way to use it is with a lower percentage on a consistent basis like our Glycolic Daily Exfoliator 7.5% – as this gives the same results as heavier peels but in a much safer, easier way (and often gives better results as the consistent application makes them cumulative)

Glycolic Acid Skin Benefits Glycolic acid is an exfoliator, which means that it safely removes the outer layer of dead skin cells. In this way, it helps accelerate your skin's renewal process, bringing fresh, new skin to the surface on a regular basis when used routinely. This can help


your skin look younger and dewier, with a glow that arises from increased circulation and faster cell turnover. It's much more than anti-aging product, though; glycolic acid also helps lighten discolorations such as sun and age spots. It can even help skin that's prone to blackheads, whiteheads, and

WORLD GLYCOLIC ACID KEY MARKET SEGMENTS MARKET BY APPLICATION • • • •

Personal Care Household Cleaning Industrial Others

MARKET BY GEOGRAPHY • • • •

North America Europe Asia pacific LAMEA


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. To request a sample copy or view summary of this report, click the link below: https://goo.gl/3fgzeo


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.