July 26th,2022/IndustryNewsGlobal/ — This new report from Stratview Research analyses the Glycolic Acid Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Glycolic Acid Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Glycolic Acid Market is no different. Derived from the previous market scenario, the Glycolic Acid Market is likely to witness an impressive CAGR of 7.0% during the forecast period.
Key Players:
- Avid Organics Pvt. Ltd.
- CABB Group Gmbh
- China Petrochemical Corporation
- Hebei Chengxin Co., Ltd.
- Hefei TNJ Chemical Industry Co. Ltd.
- Phibro Animal Health Corp.
- The Chemours Company
- Water Chemical Co., Ltd
- Shandong Xinhua Pharmaceutical Co., Ltd.
- Zhonglan Industry Co., Ltd.
The Glycolic Acid Market is segmented by–
- by Purity Type (Glycolic Acid 99%, Glycolic Acid 70%, Glycolic Acid 30%, and Others),
- by Grade Type (Cosmetic Grade, Technical Grade),
- by Application Type (Personal Care & Dermatology, Industrial, Household, and Others),
- by Region (North America, Europe, Asia-Pacific, and Rest of the World)
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Regional analysis:
In terms of regions, Asia-Pacific is estimated to be the largest market for glycolic acid during the forecast period, with China, Japan, India, and South Korea being the major growth engines, driven by huge spending of customers on cosmetic and beauty products and the presence of a large number of production facilities of glycolic acid in the region. North America and Europe are also expected to offer promising growth opportunities during the forecast period.
About Stratview Research
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