乙醇酸市場規模、佔有率、成長分析、按純度、按應用、按等級、按地區 - 按行業預測，2024-2031 年

Glycolic Acid Market Size, Share, Growth Analysis, By Purity(99%, 70%), By Application, By Grade, By Region - Industry Forecast 2024-2031

出版日期: 2024年12月09日 | 出版商:

SkyQuest | 英文 157 Pages | 商品交期: 3-5個工作天內

價格

簡介目錄

2022年，乙醇酸的全球市場規模為3.27億美元，從2023年的3.4858億美元成長到2031年的5.8125億美元，預測期間（2024-2031年）預計複合年成長率為6.6%。

乙醇酸 (C2H4O3) 是一種重要的 α 羥基酸 (AHA)，透過天然或合成過程獲得，廣泛應用於塑膠、黏合劑和護膚等行業。由於這些行業的需求不斷成長，全球乙醇酸市場預計將顯著成長。由於其細胞恢復和去角質等特性，乙醇酸越來越受到各種應用的青睞，進一步推動了市場擴張。此外，乙醇酸是乳酸和水楊酸的替代品，增加了其市場吸引力。然而，新冠肺炎 (COVID-19) 疫情擾亂了化妝品行業，導致產能下降，拜爾斯道夫 (Beiersdorf) 等品牌轉向非處方個人護理配方。儘管與疫情相關的挑戰暫時限制了市場成長，但隨著需求復甦，長期前景樂觀。

Merck KGaA
DuPont
CrossChem Limited
Parchem Fine & Specialty Chemicals
Phibro Animal Health Corporation
Chemsolv, Inc.
Griffin International
Mehul Dye Chem Industries
Vytrus Biotech
Jiaxing Jilat Chemical Co., Ltd.
Avid Organics Pvt. Ltd.
China Petrochemical Corporation（Sinopec）
Water Chemical Co., Ltd.
Zhonglan Industry Co., Ltd.
CABB Group GmbH
Shandong Xinhua Pharmaceutical I&E Co., Ltd.
Hefei TNJ Chemical Industry Co., Ltd.
Spectrum Chemical Mfg. Corp.
The Chemours Company
Shandong Fangxing Technology Co., Ltd.

結論和建議

簡介目錄

Product Code: SQMG15E2052

Global Glycolic Acid Market size was valued at USD 327.00 million in 2022 and is poised to grow from USD 348.58 million in 2023 to USD 581.25 million by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

Glycolic acid (C2H4O3), a prominent alpha hydroxy acid (AHA), is derived through natural or synthetic processes and finds extensive applications in industries such as plastics, adhesives, and skincare. With growing demand across these sectors, the global glycolic acid market is poised for significant growth. Its properties, including cell recovery and exfoliation, make it increasingly favored in various applications, further driving market expansion. Additionally, glycolic acid can substitute for lactic and salicylic acids, enhancing its market appeal. However, the COVID-19 pandemic has disrupted the cosmetics sector, leading to reduced production capacities and a shift towards commercial personal care formulations by brands like Beiersdorf. While pandemic-related challenges have temporarily constrained market growth, the long-term outlook remains positive as demand rebounds.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Glycolic Acid market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Glycolic Acid Market Segmental Analysis

Global Glycolic Acid Market is segmented by Purity, Grade, Application and region. Based on Process, the market is segmented into Glycolic Acid 99%, Glycolic Acid 70%, Glycolic Acid 30%, Others. Based on Grade, the market is segmented into Cosmetic Grade, Technical Grade, Pharma Grade, Other Grade. Based on Application, the market is segmented into Personal Care & Cosmetics, Industrial, Household, Textile, Food Processing, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Glycolic Acid Market

The global Glycolic Acid market is witnessing significant growth, primarily driven by the surging demand for alpha-hydroxy acids in the cosmetics industry. In 2021, the cosmetics market experienced an impressive growth rate of over 8%, with skincare products constituting more than 40% of the glycolic acid market. Key factors such as the rise of online retail, the expansion of social media, increased disposable income, and a consumer inclination towards unique and premium offerings have fueled this growth. Moreover, glycolic acid's pivotal role in the formulation of a variety of skincare items, including creams, masks, and peels, is further enhancing its demand. Heightened consumer awareness and improved living standards, particularly in countries like India, Malaysia, and China, are also contributing to the increased utilization of glycolic acid in a wide array of cosmetic products, which address skin concerns such as uneven pigmentation, dark spots, and overall skin health.

Restraints in the Global Glycolic Acid Market

The global glycolic acid market faces significant constraints due to the detrimental health and environmental effects associated with its use. Prolonged application of glycolic acid in cosmetic and personal care products can lead to skin irritations, including swelling, itchiness, and inflammation, while excessive use increases susceptibility to UV radiation, raising the risk of sunburn. Moreover, inhalation of high concentrations over time poses severe health risks, potentially affecting the liver, thymus, and respiratory system. Environmental concerns also arise from the production process, which emits phosgene gas, leading to stricter regulations that hamper market growth. Furthermore, the availability of effective alternatives like lactic and salicylic acids, coupled with a growing preference for organic ingredients in cosmetics, further limits the expansion of the glycolic acid market.

Market Trends of the Global Glycolic Acid Market

The global glycolic acid market is experiencing significant growth driven by the rising demand in the oil and refining industries, where it serves as an effective and cost-efficient cleaning agent. This trend is bolstered by glycolic acid's ability to provide economical metal complexing, enhancing cleaning and scraping processes without compromising the integrity of stainless steel when used with hydrochloric acid. Moreover, its biodegradable properties and low volatility make it an attractive choice for both industrial applications and household cleaning products. As sustainability becomes increasingly prioritized, glycolic acid's environmental benefits are poised to further catalyze market expansion in various sectors.

Introduction

Objectives of the Study
Scope of the Report
Definitions

Research Methodology

Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview
Market Size
Market Dynamics
- Driver & Opportunities
- Restraints & Challenges
Porters Analysis & Impact
- Competitive rivalry
- Threat of substitute
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2023
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Technological Advancement
Regulatory Landscape
Case Studies
Customer & Buying Criteria Analysis

Global Glycolic Acid Market Size by Purity & CAGR (2024-2031)

Market Overview
Glycolic Acid 99%
Glycolic Acid 70%
Glycolic Acid 30%
Others

Global Glycolic Acid Market Size by Grade & CAGR (2024-2031)

Market Overview
Cosmetic Grade
Technical Grade
Pharma Grade
Other Grade

Global Glycolic Acid Market Size by Application & CAGR (2024-2031)

Market Overview
Personal Care & Cosmetics
Industrial
Household
Textile
Food Processing
Others

Global Glycolic Acid Market Size & CAGR (2024-2031)

North America, (Purity, Grade, Application)
- US
- Canada
Europe, (Purity, Grade, Application)
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific, (Purity, Grade, Application)
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America, (Purity, Grade, Application)
- Brazil
- Rest of Latin America
Middle East & Africa, (Purity, Grade, Application)
- GCC Countries
- South Africa
- Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2023
Company Profiles of All Key Players
- Company Details
- Product Portfolio Analysis
- Company's Segmental Share Analysis
- Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

Merck KGaA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
DuPont
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CrossChem Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Parchem Fine & Specialty Chemicals
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Phibro Animal Health Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Chemsolv, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Griffin International
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mehul Dye Chem Industries
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Vytrus Biotech
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Jiaxing Jilat Chemical Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Avid Organics Pvt. Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
China Petrochemical Corporation (Sinopec)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Water Chemical Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Zhonglan Industry Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CABB Group GmbH
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Shandong Xinhua Pharmaceutical I&E Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hefei TNJ Chemical Industry Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Spectrum Chemical Mfg. Corp.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
The Chemours Company
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Shandong Fangxing Technology Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments