According to our (Global Info Research) latest study, the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market size was valued at USD 144.3 million in 2023 and is forecast to a readjusted size of USD 231.4 million by 2030 with a CAGR of 7.0% during review period.
Hydroxyacetic acid is the smallest α-hydroxy acid with chemical formula of C2H4O3. It is colorless, odorless, and hygroscopic crystalline solid and is soluble in water, methanol, ethanol, ethyl acetate and other organic solvents, slightly soluble in ether, insoluble in hydrocarbons.
USA is the dominate country of hydroxyacetic acid, accounting for about 32% of the total amount, followed by Europe. Leading players in hydroxyacetic acid industry are Chemours, CABB, Water Chemical. Chemours is the largest manufacturer, with the production market share of about 46%. The top three companies occupied about 81% sales share of the market.
The Global Info Research report includes an overview of the development of the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) industry chain, the market status of Household & Institutional Cleaning (Hydroxyacetic Acid Solid, Hydroxyacetic Acid Solution (50%-60%)), Personal Care (Hydroxyacetic Acid Solid, Hydroxyacetic Acid Solution (50%-60%)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1).
Regionally, the report analyzes the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Hydroxyacetic Acid Solid, Hydroxyacetic Acid Solution (50%-60%)).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market.
Regional Analysis: The report involves examining the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1):
Company Analysis: Report covers individual Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Household & Institutional Cleaning, Personal Care).
Technology Analysis: Report covers specific technologies relevant to Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1). It assesses the current state, advancements, and potential future developments in Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Hydroxyacetic Acid Solid
Hydroxyacetic Acid Solution (50%-60%)
Hydroxyacetic Acid Solution (61%-70%)
Market segment by Application
Household & Institutional Cleaning
Personal Care
Biodegradable Plastic
Major players covered
Chemours
CrossChem
CABB
Water Chemical
Danhua Technology
Sinopec Yangzi Petrochemical
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1), with price, sales, revenue and global market share of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) from 2019 to 2024.
Chapter 3, the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1).
Chapter 14 and 15, to describe Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) . Industry analysis & Market Report on Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) is a syndicated market report, published as Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.