Transparency Market Research published new
market report "Glycolic Acid Market for Personal Care, Household
Cleaning, Industrial and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2012 - 2018," the global demand for glycolic
acid was valued at USD 93.30 million in 2011 and is expected to reach USD
203.34 million in 2018, growing at a CAGR of 11.8% from 2012 to 2018. In terms
of volume, the demand was 40.0 kilo tons in 2011 and is expected to reach 78.1
kilo tons in 2018, growing at a CAGR of 10.1% from 2012 to 2018.
Browse the full report at http://www.transparencymarketresearch.com/glycolic-acid-market.html
Glycolic acid is
extensively used in a wide range of personal care products such as face
lotions, moisturizers and face peels. Rising consumer awareness regarding
healthy skin and hair is expected to boost the demand for glycolic acid based
skincare and haircare products. Furthermore, growing use of glycolic acid in
the manufacturing of polyglycolic acid (PGA), which is used in absorbable
medical sutures, is expected to fuel the growth of the market over the next few
years. However, inhibitions regarding the hazardous nature of concentrated
glycolic acid coupled with the growth of alternate products such as salicylic
are expected to hamper the growth of the market.
Personal care
products were the largest application segment for glycolic acid and accounted
for over 55% of the demand in 2011. This segment is expected to be the fastest
growing due to the rising demand for skincare and haircare products. In
addition, rising ageing population in countries such as the U.S. and Japan and
the consequent demand for anti-ageing creams is expected to drive the demand
for glycolic acid. Household cleaning is expected to be the second fastest
application segment for glycolic acid, growing at a CAGR of over 9% from 2012
to 2018.
North America was
the largest consumer of glycolic acid accounting for over 14,000 tons of global
consumption in 2011. Europe and Asia Pacific together accounted for over 50% of
consumption in 2011 primarily due to the growing personal care market in
countries such as Russia, Poland, India, China and France. Asia Pacific is
expected to be the fastest growing market over the forecast period and is
expected to grow at a CAGR of 10.5% from 2012 to 2018. Brazil and Middle East
are expected to drive the demand in Rest of the World.
Some of the key
participants profiled in the report include DuPont, Parchem, Phibro Animal
Health Corporation and Sigma-Aldrich among others. The report gives a detailed
market share analysis of these companies.
The report gives
a comprehensive view of the glycolic acid market in terms of volume and
revenue. In addition, the report includes current demand analysis and forecast
for each application in North America, Europe, Asia Pacific and Rest of the
World. The report comprises of the following segments:
Glycolic Acid Market:
Application Analysis
- Personal Care
- Household Cleaning
- Industrial
- Others (Sutures, PGA)
The report
provides a cross-sectional analysis of all the above application segments with
respect to the following regions:
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
In addition, the
study provides volumes and revenue for the glycolic acid market in key European
countries such as:
- Germany
- Spain
- Italy
- France
- United Kingdom
- Netherlands
- Russia
- Ukraine
- Poland
- Others
Blogs :
TABLE OF CONTENTS (Summary)
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Glycolic Acid:
Industry Analysis
Chapter 4 Glycolic Acid Market:
Application Analysis
Chapter 5 Glycolic Acid Market:
Regional Analysis
Chapter 6 Company Profiles
About Us:
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