Glycolic Acid Market Size, Share & Industry Analysis, By Purity (Glycolic Acid 99%, Glycolic Acid 70%, Glycolic Acid 30%, and Others), By Application (Personal Care & Cosmetics, Household, Textile, Food Processing, Pharmaceutical, and Others), and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Glycolic Acid Market with respect to COVID-19 Business Impact.
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This report focuses on the Glycolic Acid market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Glycolic Acid market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Glycolic Acid Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Glycolic Acid Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Glycolic Acid Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Key Market Players to Strengthen Market Position through Novel Offerings to the Cosmetic Industry
Major producers of glycolic acid are present in Europe and Asia Pacific. Some of the key market players include China Petroleum & Chemical Corporation (Sinopec Corp.), The Chemours Company, CABB Group, and Saanvi Corp. China Petroleum & Chemical Corporation (Sinopec Corp.) is a major producer of petrochemical products, storage and transportation of refinery products, coal chemical products, other chemical products, and synthetic fiber. The company has 164 manufacturing sites in 35 countries located in the U.S., Canada, EMEA, Asia Pacific, and Latin America. On the other hand, The Chemours Company is an individual company providing services to industries including automotive, paints, plastics, electronics, energy, and telecommunications. The company has presence in North America, Europe, Middle East and Africa, Latin America, Asia Pacific with 28 offices in 120 countries across the globe. Similarly, other key players in the market have developed a strong regional presence, distribution channels, and product offerings, according to the glycolic acid market analysis.

List Of Key Companies Profiled:

  
China Petroleum & Chemical Corporation (Sinopec Corp.)
  
The Chemours Company
  
CABB Group
  
Saanvi Corp
  
Parchem Fine & Specialty Chemicals
  
Water Chemical Co., Ltd
  
Shandong Xinhua Pharmaceutical Co., Ltd
  
Mehul Dye Chem Industries
  
Avid Organics
  
Zhonglan Industry Co., Ltd.
  
Eastman Chemical Company
  
Corbion

REPORT COVERAGE

A growing trend is observed in the penetration of the glycolic acid market across various industries such as cosmetics, textile, consumer goods, and pharmaceutical.

An Infographic Representation of Glycolic Acid Market

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Along with this, the report provides an elaborative analysis of the global glycolic acid market dynamics and competitive landscape. Various key insights presented in the report are the price trend analysis, recent industry developments in the global glycolic acid market, the regulatory scenario in crucial countries, macro, and microeconomic factors, SWOT analysis, and key industry trends, competitive landscape and company profiles.

Report Scope & Segmentation

 Segmentation

By Purity

  
Glycolic Acid 99%
  
Glycolic Acid 70%
  
Glycolic Acid 30%
  
Others

By Application

  
Personal Care & Cosmetics
  
Household
  
Textile
  
Food Processing
  
Pharmaceutical
  
Others

By Geography

  
North America (U.S., and Canada)
  
Europe (Germany, UK, Italy, Spain, Russia, and Rest of Europe)
  
Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific)
  
Latin America (Brazil, Mexico, and Rest of Latin America)
  
The Middle East & Africa (Saudi Arabia,  South Africa, UAE, and Rest of Middle East & Africa)

Key Industry Developments

October 2018: CABB Group GmbH invested a few million Euros towards increasing storage and production volume of monochloroacetic (MCA) acid & its derivatives at the Knapsack and Gersthofen facility. The expansion will be boosting the companys production of glycolic acid at Gersthofen facility.

January 2015: Hefei TNJ Chemical Industry Co. Ltd. opened Chinas operation centre for serving its customers with better solutions. This operation centre had taken initiative to help the TNJs customers with problems that includes customer service, logistics, executives, documents, material purchasing, financing, and others.