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市場調查報告書
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1561612

2024-2032 年乙醇酸市場報告（按來源、純度等級、應用和地區）

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個工作天內

價格

2023年，全球乙醇酸IMARC Group規模達到4.562億美元。該市場正在經歷顯著成長，主要是由於其在護膚、個人護理和製藥領域的使用量不斷增加。產品配方的創新和永續生產方法的轉變也為市場成長做出了積極貢獻。

乙醇酸市場分析：

  • 主要市場促進因素：主要市場促進因素包括護膚行業產品需求的不斷成長（主要是抗衰老和去角質產品）以及藥品應用的增加。消費者對永續和環保產品日益成長的偏好也推動了市場的發展。此外，旨在提高各產業乙醇酸功效的產品配方不斷創新，也為市場創造了正面的前景。
  • 主要市場趨勢：市場的主要趨勢包括護膚品中乙醇酸的使用增加，這主要是由於其抗衰老和去角質功效。逐步轉向永續和環保的生產方法以及產品配方的創新也推動了市場的成長。隨著當今消費者尋求兼具功效和安全性的產品，消費者對有效護膚解決方案的需求不斷成長，進一步促進了市場的擴張。
  • 地理趨勢：由於個人護理和化妝品行業的需求不斷成長，北美市場的地理趨勢顯示出顯著成長。歐洲緊隨其後，主要是受到製藥和紡織品應用不斷成長的推動。亞太地區正在成為工業化快速發展和消費者護膚品意識不斷提高的關鍵地區。這些地區的需求得到了製造業進步和向永續實踐的轉變的支持，進一步推動了全球市場的成長。
  • 競爭格局：乙醇酸產業的一些主要市場參與者包括Avid Organics、CABB Group GmbH、中國石油化工集團公司、CrossChem Limited、Mehul Dye Chem Industries、Merck KGaA、Parchem 精細和特種化學品、科慕公司、東京化成工業有限公司、水化學有限公司及中蘭實業有限公司等。
  • 挑戰與機會：市場面臨嚴格的法規要求、原物料價格波動等各種挑戰。然而，這些挑戰也為成本效益和永續生產方法的創新提供了重大機會。與此一致的是，消費者對有效護膚產品的需求不斷成長，以及在藥品和紡織品領域的不斷擴大的應用提供了巨大的成長潛力。

乙醇酸市場趨勢：

護膚產品需求不斷成長

乙醇酸在護膚行業中越來越受歡迎，尤其是其抗衰老和去角質功效。其分子尺寸小，能深入滲透肌膚，有效促進細胞更新，展現更清新、更年輕的肌膚。這使其成為針對細紋、皺紋和色素沉著的產品的關鍵成分。消費者擴大尋求具有明顯效果的產品，從而推動了對乙醇酸配方的需求。此外，它能夠溫和地去角質並改善皮膚紋理，而不會產生明顯的刺激，這擴大了它在各種護膚程序中的吸引力。例如，2024 年 2 月，巴黎歐萊雅推出了針對印度護膚需求量身訂製的乙醇酸亮黑眼圈眼部精華液。這款突破性產品旨在短短兩週內將黑眼圈減少 49%。精華液含有 3% 的乙醇酸、維生素 CG 和菸鹼醯胺，配有獨特的三重珠塗抹器，可快速吸收和即時冷卻效果。這些發展以及產品配方和針對性解決方案的不斷創新，為乙醇酸市場的成長做出了重大貢獻。

日益關注永續發展

在乙醇酸市場，隨著公司應對日益嚴重的環境問題，人們越來越重視永續和環保的生產方法。製造商正在探索透過採用更環保的工藝來最大限度地減少碳足跡的方法，例如使用可再生原料和減少生產中的浪費。這種轉變是由消費者對環保產品的需求不斷成長和監管壓力所推動的。隨著永續性成為關鍵的差異化因素，投資環保生產方法的公司能夠更好地滿足市場期望並獲得競爭優勢。例如，2023 年 3 月，科慕推出了一項長期永續發展計劃，旨在與 2023 年基準相比，將其乙醇酸等級的碳足跡減少高達 80%。該計劃包括轉向再生能源以及使用可再生來源或回收的二氧化碳。科慕也將用合成氣甲醛取代石化甲醛。

配方創新

配方創新是乙醇酸市場的一個主要趨勢，因為公司投資於提高其功效，特別是在個人護理和藥品領域。透過開發先進的配方，製造商旨在提高乙醇酸在護膚品中的性能，使其更有效地治療色素沉著、痤瘡和衰老等問題。在製藥領域，創新的重點是在藥物傳輸系統中利用乙醇酸並創造穩定的高純度配方。這些創新不僅提高了產品功效，也滿足了消費者對安全可靠的護膚和製藥解決方案日益成長的需求。這些創新配方提高了產品性能，滿足了對有效、可靠的護膚和藥物解決方案日益成長的需求，從而提高了乙醇酸的整體市場價值。例如，2024 年 6 月，Living Proof 推出了一款頭皮護理去角質劑，旨在消除頭皮屑和多餘油脂。洗髮前配方含有用於去角質的乙醇酸、BHA 和 PH、用於補水的 Pentavitin 益生元以及舒緩的植物萃取物。此次推出反映了人們對頭髮護理中頭皮健康的日益重視，以及對有針對性的頭皮護理產品的需求不斷成長。行業專家將這一趨勢歸因於消費者對頭皮健康重要性的認知不斷提高以及對抗衰老頭皮解決方案的渴望。

乙醇酸市場區隔：

IMARC Group提供了每個細分市場的主要趨勢的分析，以及 2024-2032 年全球、區域和國家層面的預測。我們的報告根據來源、純度等級和應用對市場進行了分類。

按來源分類：

  • 合成的
  • 自然的

合成材料佔大部分市場佔有率

該報告根據來源提供了詳細的市場細分和分析。這包括合成的和天然的。根據該報告，合成材料佔最大的部分。

合成乙醇酸因其穩定的品質、可擴展性和成本效益而佔據了乙醇酸市場的大部分佔有率。合成乙醇酸的生產過程可以更好地控制純度水平和批次一致性，這對於其在化妝品和藥品等敏感應用中的使用至關重要。此外，工業規模生產合成乙醇酸的能力確保了穩定的供應，使其比天然來源更容易獲得和負擔得起。根據乙醇酸市場預測，在個人護理和製藥行業需求不斷成長的推動下，未來幾年市場預計將顯著成長。隨著乙醇酸的需求持續成長，特別是在個人護理行業，在這些實際優勢的推動下，對合成選擇的偏好仍然強勁。

按純度等級分類：

  • 99% 純度
  • 70% 純度
  • 60% 純度
  • 30% 純度
  • 其他

99%純度佔業界第一

報告中也提供了基於純度等級的詳細市場區隔和分析。這包括 99% 純度、70% 純度、60% 純度、30% 純度等。根據該報告，99% 的純度代表了最大的部分。

根據乙醇酸市場研究報告，純度為99%的乙醇酸由於其卓越的品質和在各種應用中的有效性，特別是在化妝品和製藥領域，佔據了該行業的最大佔有率。這種高純度乙醇酸對於生產需要精確和安全的產品至關重要，例如換膚、抗衰老療法和藥物配方。 99% 的純度水平確保了雜質最少，這對於保持這些產品的功效和安全性至關重要，特別是當應用於敏感皮膚時。此外，在需要一致化學性能的工業應用中，高純度乙醇酸是首選。這種純度等級的主導地位反映了市場對消費品和工業產品中可靠和高品質成分的需求。這些特性創造了積極的乙醇酸市場前景，同時推動了多個行業的產品需求，特別是在優先考慮高品質和安全標準的行業。

按應用分類：

  • 個人護理和化妝品
  • 家庭
  • 紡織品
  • 食品加工
  • 藥品
  • 其他

個人護理和化妝品代表領先的細分市場

該報告根據應用程式提供了詳細的市場細分和分析。這包括個人護理和化妝品、家居、紡織、食品加工、藥品等。報告顯示，個人護理和化妝品佔據最大的市場佔有率。

根據乙醇酸市場報告，由於乙醇酸廣泛用於護膚產品，包括去角質劑、化學換膚和抗衰老治療，因此個人護理和化妝品佔據了市場的主導地位。乙醇酸能夠深入滲經皮膚、去除死細胞並促進膠原蛋白生成，使其成為各種配方中的首選成分。對煥膚和改善質感產品的需求正在推動這一細分市場的成長。隨著消費者擴大尋求有效的、有科學依據的護膚解決方案，乙醇酸在化妝品行業中的作用不斷擴大，鞏固了其在該細分市場的主導地位。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體護理產品。此次合作旨在透過結合乙醇酸的去角質和提亮特性，同時提供令人愉悅的感官體驗，重新定義身體護理。這些產品是在亮白系列下設計的，承諾提升膚色並提供持久的花香。這些策略性努力，特別是引入含有乙醇酸的新型個人護理和化妝品產品，正在推動世界各地對乙醇酸的需求。這一趨勢凸顯了消費者對基於科學的護膚解決方案的日益青睞，這些解決方案具有嫩膚、提亮和增強質感等功效。隨著消費者不斷尋求有效和創新的護膚選擇，乙醇酸在這些產品中的作用正在擴大，進一步推動其市場成長。

按地區分類：

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

北美市場領先，乙醇酸市佔率最大

該報告還對所有主要區域市場進行了全面分析，其中包括北美（美國和加拿大）；歐洲（德國、法國、英國、義大利、西班牙、俄羅斯等）；亞太地區（中國、日本、印度、韓國、澳洲、印尼等）；拉丁美洲（巴西、墨西哥等）；以及中東和非洲。報告稱，北美是乙醇酸最大的區域市場。

由於乙醇酸在個人護理和化妝品行業的廣泛應用，北美佔據了乙醇酸市場的最大佔有率。該地區的需求受到消費者對抗老化產品和利用乙醇酸嫩膚的化學換膚產品的偏好的推動。此外，北美永續和生物基化學品的成長趨勢促進了乙醇酸在包括紡織和製藥在內的各個行業的採用。根據乙醇酸市場概況，北美的市場領先地位主要是由於其在個人護理和化妝品行業中廣泛使用乙醇酸，該產品因其在護膚配方中的功效而受到青睞。該地區對創新和產品開發的重視，加上消費者對高品質護膚解決方案的需求，進一步鞏固了其市場地位。主要製造商的強大實力和先進的研發活動鞏固了北美在全球乙醇酸市場的主導地位。根據業界報告顯示，乙醇酸的月均搜尋量顯著增加，達到 244.5K Google 搜尋量。年比變化 10.5%，這一上升反映出人們對乙醇酸作為護膚品主要成分的興趣日益濃厚。該報告表明，品牌可以透過將乙醇酸納入其配方中來滿足消費者對有效護膚解決方案的需求。

（請注意，這只是關鍵參與者的部分列表，報告中提供了完整列表。）

  • 由於各行業（特別是護膚品、藥品和個人護理行業）對該化合物的需求量很大，乙醇酸市場的特點是競爭激烈。乙醇酸公司致力於提高產品純度和品質，以滿足消費者對有效和安全產品日益成長的偏好。創新是關鍵的競爭因素，該公司正在開發新的配方，以增強乙醇酸在抗衰老和去角質產品等各種應用中的功效。市場也正在轉向永續和環保的生產方法，這正在成為競爭對手的一個顯著差異化因素。此外，價格敏感度和監管合規性至關重要，因為公司努力提供具有成本效益的解決方案，同時滿足嚴格的安全標準。這些策略重點，包括產品配方創新、向永續生產方法的轉變以及遵守監管合規性，預計將在未來顯著提高乙醇酸市場收入。

乙醇酸市場新聞：

  • 2023 年 8 月，PureTech Scientific LLC 在 Iron Path Capital 的支持下，最終以 1.37 億美元現金從科慕公司收購了乙醇酸業務。此次收購使 PureTech Scientific 成為為生命科學和特種化學品行業生產超高純度 α 羥基酸的全球領導者。該公司專注於提供卓越的客戶支援、永續發展和創新，以推動各行業終端市場的成長。
  • 2024 年 3 月，Era Organics 推出了乙醇酸化學換膚術，可以在家中進行專業護膚。該換膚術專為 25 至 70 歲的女性設計，針對皺紋、毛孔和老化跡象。它含有獨特的乙醇酸、水楊酸和乳酸混合物，以及麥盧卡蜂蜜和蘆薈等天然成分。

本報告回答的關鍵問題：

  • 迄今為止，全球乙醇酸市場表現如何，未來幾年將如何表現？
  • 全球乙醇酸市場的促進因素、限制因素和機會是什麼？
  • 每個促進因素、限制因素和機會對全球乙醇酸市場有何影響？
  • 主要區域市場有哪些？
  • 哪些國家代表了最具吸引力的乙醇酸市場？
  • 基於來源的市場區隔是什麼？
  • 乙醇酸市場上最具吸引力的來源是什麼？
  • 根據純度等級市場分類是怎樣的？
  • 乙醇酸市場上哪個純度等級最具吸引力？
  • 基於應用的市場區隔是什麼？
  • 乙醇酸市場中最具吸引力的應用是什麼？
  • 市場按地區分類是怎樣的？
  • 乙醇酸市場最具吸引力的地區是哪一個？
  • 市場競爭結構如何？
  • 全球乙醇酸市場的主要參與者/公司有哪些？

本報告回答的關鍵問題：

  • 迄今為止，全球乙醇酸市場表現如何，未來幾年將如何表現？
  • 全球乙醇酸市場的促進因素、限制因素和機會是什麼？
  • 每個促進因素、限制因素和機會對全球乙醇酸市場有何影響？
  • 主要區域市場有哪些？
  • 哪些國家代表了最具吸引力的乙醇酸市場？
  • 基於來源的市場區隔是什麼？
  • 乙醇酸市場上最具吸引力的來源是什麼？
  • 根據純度等級市場分類是怎樣的？
  • 乙醇酸市場上哪個純度等級最具吸引力？
  • 基於應用的市場區隔是什麼？
  • 乙醇酸市場中最具吸引力的應用是什麼？
  • 市場按地區分類是怎樣的？
  • 乙醇酸市場最具吸引力的地區是哪一個？
  • 市場競爭結構如何？
  • 全球乙醇酸市場的主要參與者/公司有哪些？

目錄

第1章：前言

第 2 章：範圍與方法

  • 研究目的
  • 利害關係人
  • 數據來源
    • 主要來源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章：執行摘要

第 4 章：簡介

  • 概述
  • 主要行業趨勢

第 5 章：全球乙醇酸市場

  • 市場概況
  • 市場表現
  • COVID-19 的影響
  • 市場預測

第 6 章：市場區隔：依來源

  • 合成的
    • 市場趨勢
    • 市場預測
  • 自然的
    • 市場趨勢
    • 市場預測

第 7 章：市場區隔：依純度等級

  • 99% 純度
    • 市場趨勢
    • 市場預測
  • 70% 純度
    • 市場趨勢
    • 市場預測
  • 60% 純度
    • 市場趨勢
    • 市場預測
  • 30% 純度
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 8 章：市場區隔：按應用

  • 個人護理和化妝品
    • 市場趨勢
    • 市場預測
  • 家庭
    • 市場趨勢
    • 市場預測
  • 紡織品
    • 市場趨勢
    • 市場預測
  • 食品加工
    • 市場趨勢
    • 市場預測
  • 藥品
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 9 章：市場區隔：按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場趨勢
    • 市場細分：按國家/地區
    • 市場預測

第 10 章：SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章：價值鏈分析

第 12 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章：價格分析

第14章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • 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