Glycolic Acid Market CAGR Status, Market Size Estimation, Industry Share, Price, Growth Trend, Business Analysis and Forecast 2019 to 2023

1
Glycolic Acid Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Glycolic Acid Market Research Report- Forecast to
2023
Glycolic Acid Market - Overview
Glycolic Acid is a component in the group of
active compounds known as alpha hydroxy acids or
AHAs and is highly soluble in water. It can also
be obtained from cane sugar and other sugar
crops. Market Research Future (MRFR) has
published a report asserting that the Global
Glycolic Acid Market is marked to expand at a
notable CAGR of 6.09 during the forecast period
of 2017-2023. Market Drivers and
Restraints Glycolic Acid is majorly utilized for
the production of personal care products such as
skin creams, lotions, moisturizers, shampoo
formulations and others. The benefits of Glycolic
Acid in treating skin conditions like breakouts,
acne, clogged pores and others are inducing high
demand for skin care products that contain
Glycolic Acid as their major component, which in
turn is propelling the expansion of the Global
Glycolic Acid Market. Multiple industrial uses of
glycolic acid such as it is used in the
formulation of polyglycolic acid which is then
utilized for the extraction of shale gas and
utilization of Glycolic Acid for the production
of PET bottles owing to its biodegradable nature
are some other factors that are driving the
growth of the Global Glycolic Acid Market.
However, stringent regulatory framework over the
production and utilization of Glycolic Acid and
allergic reaction towards the use of skin care
products made from Glycolic Acid are likely to
restrain the growth of the Global Glycolic Acid
Market during the forecast period.
3
Glycolic Acid Market Research Report- Forecast to
2023
Segmental Analysis
The Global Glycolic Acid Market has been
segmented on the basis of Source and Application.
Based on Source, the Glycolic Acid Market has
been segmented into natural and synthetic.
Based on Application, the Glycolic Acid Market
has been segmented into personal care, textile
dyeing and finishing, oil field, petroleum
refining and others. The personal care
application segment commanded for the major share
in the Global Glycolic Acid Market owing to the
high demand for Glycolic Acid in the production
of various skin care products and hair
nourishment solutions. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/glyco
lic-acid-market-3141
4
Glycolic Acid Market Research Report- Forecast to
2023
Regional Outlook
Geographically, the Global Glycolic Acid Market
has been segmented into Europe, North America,
Latin America, Asia Pacific and the Middle East
and Africa. The North America region commanded
for the major share in the Global Glycolic Acid
Market and has been forecasted to expand at a
CAGR of 6.23 during the assessment period. Rise
in demand for skin care products that have
Glycolic Acid as their main component and growing
application of Glycolic Acid in various end-use
industries are propelling the growth of the
Glycolic Acid Market in the North America region.
Rise in research and development activities for
introducing larger application areas of glycolic
acid and increased production of product made
from Glycolic Acid are fueling the growth of
Glycolic Acid Market in the Europe region.
Increased application of Glycolic Acid in rapidly
growing personal care and textile industries in
the emerging economies such as India, China and
Australia are leading to the significant
expansion of the Glycolic Acid Market in the Asia
Pacific region. The Middle East and Africa region
is projecting steady growth in the Global
Glycolic Acid Market owing to the low utilization
of personal care products that are rich with
Glycolic Acid and low demand for glycolic acid in
other industrial sectors of the underdeveloped
areas in this region.
5
Glycolic Acid Market Research Report- Forecast to
2023
Major Players in this Research

• Glycolic Acid Market Prominent Players
• The Chemours Company
• Phibro chem
• CrossChem LP
• CABB Group
• Sigma-Aldrich Corporation
• Zhonglan Industry Co
• Mehul Dye Chem Industries

Get Free Sample _at_ https//www.marketresearchfuture
.com/sample_request/3141
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
(No Transcript)