Glycolic Acid Skin Care Products Market Sales at

USA, Rockville, MD, May 16, 2022 (GLOBE NEWSWIRE) — According to a newly revamped Fact.MR study, the glycolic acid market is poised to boom at a 7% CAGR from 2022 to 2032, is expected to reach US$988.3 million at the end of said forecast period. From 2022, the industry is expected to produce a valuation worth 500 million US dollars. Extensive applications in a myriad of end-use industries are expected to increase growth prospects.

Over the historical period from 2015 to 2021, glycolic acid sales have documented a CAGR of 5%, with the market finding a valuation of US$475 million. Over the past half-decade, per capita spending on personal care and cosmetic products that improve skin texture has doubled. In addition, brands offering OTC products based on skin treatment have also penetrated beyond the metropolises into high-potential countries.

Producers, wholesalers and importers responded to the increased demand for glycolic acid and ensured a steady supply to the market. In order to maintain a steady supply, companies have also increased their production capacity or optimized existing production. Glycolic acid is widely used in applications where low levels of metallic impurities are required. It is used in electronics to clean copper substrates. Glycolic acid has strong metal ion complexation properties, low corrosion rates, a rapid pH adjustment profile and excellent environmental, protective and handling properties.

Browse the in-depth table of contents at “Glycolic Acid Sales

80 paintings and

96 figures

170 pages

Request a sample report at:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5942

Key insights from market research

  • Global Glycolic Acid Market to See 2X Growth from 2022 to 2032
  • Asia-Pacific will be an opportunistic market, bringing in US$183 million in 2022 and capturing 40% of revenue
  • Europe will be the 2n/a most opportunistic market, which should accumulate on 1/3rd market share
  • By application, personal skincare dominates, thriving at a CAGR of 6.3%
  • Depending on the rank, the >99% glycolic acid category to capture 55% revenue share

the excellent environmental protection, handlingas well as strong metal ion complexation properties, low corrosion ratesa rapid pH adjustment profile are factors who should drive glycolic acid fromduring the forecast period,said Done.MR analyst.

To learn more about Glycolic acid manufacturersyou can contact our analyst at

https://www.factmr.com/connectus/sample?flag=AE&rep_id=5942

Competitive landscape

The aforementioned players rely on a combination of organic and inorganic strategies to expand their presence in lucrative markets. Product launches, collaborations with key players, partnerships, acquisitions and the strengthening of regional and global distribution networks are examples of these strategies.

  • In January 2019, Skinceuticals launched Glycolic 10 Renew Overnight, a new glycolic acid cream that improves skin radiance by 36% while remaining tolerable. The cream effectively treats dullness, fine lines and uneven skin texture. It promotes cell regeneration, which improves skin tone, texture and a brighter complexion.
  • In November 2021, CABB Group, a global leader in contract development and manufacturing (CDMO) for plant and life sciences, today announced a change in corporate structure.

Key segments covered in the Glycolic Acid industry report

  • Glycolic acid by Grade :
    • Glycolic acid ≤68%
    • Glycolic acid 70%
    • Glycolic acid ≥99%
  • Glycolic acid by Application :
    • Personal care and cosmetics
      • Skin care
      • Hair care
      • Other (including nail care and dental care)
    • Stimulation of plant growth
    • Food flavoring and preservation
    • Manufacture of polyglycolic acid (PGA)
    • Cleaning agent
      • Household
      • Industrial
      • Institutional
    • petroleum gas
    • Electronic
    • Leather dyeing and tanning
    • Other applications (including biomedical and drug delivery and gas barrier packaging)
  • Glycolic Acid Market By Region :
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East and Africa

Get customization on this Glycolic Acid Serum Sales Report for specific search solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5942
More information available
Fact.MR, in its new offering, presents an unbiased analysis of the global glycolic market, presenting historical analysis from 2015 to 2021 and forecast statistics for the period 2022-2032.

The study reveals essential information based on the rating ( 68%, 70% and >99%), and application (personal care and cosmetics, plant growth stimulation, food flavoring and presentation, polyglycolic acid (PGA) manufacturing, cleaning agent, oil and gas, electronics, leather dyeing and tanning, and others) in five major regions (North America, Latin America, Europe, Asia-Pacific and Middle East and Africa).

About Fact.MR’s Chemistry and Materials Division

Expert analysis, actionable insights, and strategic recommendations from Fact.MR’s highly experienced chemicals and materials team help customers around the world meet their unique business intelligence needs. With a repository of over a thousand reports and over a million data points, the team has analyzed the automotive industry in over 50 countries for over a decade. The team provides unparalleled end-to-end research and advisory services. Contact us to find out how we can help you.

To understand how our report can make a difference to your business strategy, purchase a copy of this report at
https://www.factmr.com/checkout/5942

Discover more studies related to Chemical And Materialsconducted by Fact.MR:

What are the emerging trends in the Monoethylene glycol market?The use of monoethylene glycol (MEG) would strongly depend on the economy of the country. While Asian economies are cyclical, demand for monoethylene glycol (MEG) for applications such as polyester fibers and PET is expected to remain strong.

How is Application for Marine Lubricants To be led?International trade by sea represents about 30% of world transport. For this reason, the demand for environmentally friendly, high performance marine lubricants for two and four stroke engines is increasing.

Will APAC provide lucrative opportunities for Phenolic Resin Manufacturers?The APAC phenolic resins market is the largest market in terms of consumption owing to the presence of highly populated countries like India and China. India, being a developing country, is accelerating the pace of building up its infrastructure.

What causes high consumption of Digital textile printing inks?Sales of digital sublimation inks are increasing rapidly as fashion trends act as a perfect catalyst to drive the growth in demand for dye sublimation inks.

About Us:
Market research and consulting agency that makes the difference! That’s why 80% of Fortune 1000 companies trust us to make their most critical decisions. Although our experienced consultants use the latest technology to extract hard-to-find information, we believe that our USP is the trust our clients place in our expertise. Covering a wide spectrum – from automotive and Industry 4.0 to healthcare and retail, our coverage is extensive, but we ensure that even the most niche categories are analyzed. Our sales offices in the USA and Dublin, Ireland. Headquarters based in Dubai, United Arab Emirates. Contact us with your goals and we will be a competent research partner.
Contact:
Mahendra Singh
USA Sales Office:
11140 Rockville Pike
Office 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-1583

Donovan B. Sanford