CAGR of 6.42% Propels Glycolic Acid Market Towards 2030


Posted June 20, 2024 by Rishikesh

Growing consumer awareness of packaged foods and beverages in South America has led to the use of hydroacetic acid as a food preservative and flavoring agent, which has contributed to the growth of the hydroacetic acid market.

 
Glycolic Acid Market was valued at US$ 564.29 Bn. in 2021. Global Glycolic Acid Market size is expected to grow at a CAGR of 6.42 % through the forecast period.



Glycolic Acid Market Overview

The current state of terminologies, segments, functions, and industry value chain structure is examined in the Glycolic Acid Market Research Report. The report offers unbiased expert commentary on the current market situation, historical financial positions, consumption rates, supply and demand ratios, and revenue generation estimates for the forecasted period. Additionally, the report provides insights into the strategic goals and growth plans of major organizations in the Glycolic Acid sector. Various approaches such as mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint ventures, brand marketing, and product launches are analyzed. Overall, the study presents a comprehensive picture of the Glycolic Acid market at both global and regional levels.

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Glycolic Acid Market Scope

The report explores different strategies including mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint ventures, brand marketing, and product launches. The study presents a holistic view of the Glycolic Acid market, covering both global and regional perspectives.

Glycolic Acid Segmentation

The report segments the Glycolic Acid market based on various criteria to provide a detailed analysis.

by Grade

• Technical grade
• Pharmaceutical grade
• Industrial grade


by Application

• Personal Care & Cosmetics
• Household
• Textile
• Industrial Cleaners
• Agriculture
• Others


by Source

• Synthetic
• Natural

Glycolic Acid Key Players

The major players covered in the Glycolic Acid market report are:

• China Petrochemical Corporation (Sinopec Corp.), (China)
• The Chemours Company (U.S.)
• CABB Group (Germany)
• Saanvi Corp (India)
• Parchem Fine & Specialty Chemicals (U.S.)
• Water Chemical Co., Ltd (China)
• Shandong Xinhua Pharmaceutical Co., Ltd. (China)
• Mehul Dye Chem Industries (India)
• Avid Organics (India)
• Zhonglan Industry Co., Ltd. (China)
• Eastman Chemical Company (U.S.)
• Corbion (Netherlands)
• CrossChem LP (U.S)

Know More About The Report: Glycolic Acid Market

Glycolic Acid Regional Analysis

The regional analysis section of the report highlights key market-impacting factors and changes in regulatory oversight that affect current and future market trends. Factors such as new deals, substitute sales, national demographics, regulatory actions, and import-export taxes are used to forecast the market situation for different regions.



Glycolic Acid Key Questions Answered in the Glycolic Acid Market Report

- Which segment had the largest share in the Glycolic Acid market?
- How was the competitive scenario of the Glycolic Acid market in 2030?
- What are the key factors responsible for the growth of the Glycolic Acid market?
- Which region held the maximum share in the Glycolic Acid market in 2030?

Glycolic Acid About Us

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Tags glycolic acid market analysis glycolic acid market forecast glycolic acid market outlook glycolic acid market segmentation glycolic acid market player
Last Updated June 20, 2024