Glycolic Acid Market Research Report 2019-2026
The global Glycolic Acid Market is highly fragmented due to the presence of various large numbers of players which forms a competitive environment. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2020-2026 to gain competitive edge across the globe. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and the latest development undertaken.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Glycolic acid market include The Chemours Company (US), China Petrochemical Corporation (China), CABB Group (Germany), Zhonglan Industry Co., Ltd. (China), Water Chemical Co., Ltd (China), Xinhua Pharm (China), Phibro Animal Health Corporation (US), Avid Organics (India), Hebei Chengxin Co., Ltd. (China). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Rising demand from cosmetic and personal care industry is the major driver of global glycolic acid market. Growing applications of glycolic acid in textile industry for dyeing and finishing is also boosting the demand for glycolic acid. In addition, product properties, such as excellent water solubility and a high degree of acidity, make it an ideal choice for creams and ointments for wrinkle treatment and scar removal.
Apart from these household and industrial cleaners are also major consumers of glycolic acid the expansion of which is witnessed in developing regions owing to economic development, rising population, growing per capita income and increasing standards of living thus contributing to the development of the glycolic acid market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Glycolic acid.
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Market Segmentation
The entire Glycolic acid market has been sub-categorized into grade and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Grade
· Cosmetic grade
· Technical grade
By Application
· Personal care & Dermatology
· Industrial
· Household
· Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Glycolic acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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