Glycolic Acid - MARKET ADVISORY SERVICES
Glycolic acid is an alpha-hydroxy acid (AHA), which is colorless, odorless, and highly soluble in alcohol.
Glycolic acid contains a keratolytic, germinative layer and produces a fibroblast stimulating action.
Rising awareness regarding skincare and hair care along with growth in personal care products are some of the prominent trends and drivers supporting the growth of global glycolic acid market.
Furthermore, increasing demand for skin lightning and anti-aging products from youth population boost the skincare ingredients market.
However, stringent regulation regarding the concentration of glycolic acid in personal care products and availability & development of substitute such as salicylic acid are expected to hinder the market growth during the review period.
The Glycolic Acid Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.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.Get more information on "Global Glycolic Acid Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/glycolic-acid-market/download-sampleMarket DynamicsRising 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.