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World Glycolic Acid Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773539
Glycolic acid belongs to a group of active compounds known as AHAs (alpha hydroxyl acids), which are primarily found in vegetables and fruits such as sugarcane, pineapple, unripe grapes, etc. Glycolic acid possesses the smallest molecules in the group; this enables quick and easy penetration of human skin. It is therefore very effective in skin treatment and is widely used in cosmetic formulations. Due to the increased adoption of personal care products, the glycolic acid market is witnessing significant growth. Glycolic acid is also used for the manufacturing of poly glycolic acid (PGA) and in absorbable sutures for surgical/medical applications. Improving healthcare standards, particularly in emerging economies, are expected to accelerate the demand for these sutures. This would, in turn, boost the demand for glycolic acid. The key players operating in this market are Chemsolv, Inc., DuPont, Phibro Animal Health Corporation, CrossChem LP, Parchem, Sigma-Aldrich, Phibro Animal Health Corporation, Griffin International Inc. and Crosschem LP.

The global glycolic acid market is segmented on the basis of application and geography. Based on application, the market is sub-segmented into personal care, household cleaning, industrial and others. Geographically, the global glycolic acid market is segmented into North America, Europe, Asia pacific and LAMEA.

KEY BENEFITS

The report provides an in-depth analysis of the global glycolic acid market, including information about the current market situation, changing market dynamics, expected trends and market intelligence
The factors which drive and impede the growth of the global glycolic acid market are comprehensively analyzed in this study.
Porter’s Five Force model and SWOT analysis of the industry illustrates the potency of buyers and sellers operating in the market
The report contains a comprehensive study of the key strategies adopted by companies to gain traction in the market
Micro level analysis of the glycolic acid market is conducted based on various applications and regions.

KEY MARKET SEGMENTS

MARKET BY APPLICATION

Personal Care
Household Cleaning
Industrial
Others

MARKET BY GEOGRAPHY

North America
Europe
Asia pacific
LAMEA

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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