Glycolic Acid Market Size, Share, Opportunities, And Trends By Grade (Industrial, Cosmetic, Technical, Medical), By Industry (Household, Industrial), And By Geography - Forecasts From 2025 To 2030

Description

Glycolic Acid Market Size:

The Glycolic Acid Market is expected to grow from USD 426.191 million in 2025 to USD 575.849 million in 2030, at a CAGR of 6.20%.

Glycolic acid is a plant-driven substance that is clinically proven to be an effective skin treatment solution. This substance has anti-aging properties and is safe to use on sensitive skin. Owing to these features, it is widely used as a prime ingredient in several cosmetic products. It is derived from plants such as sugar beets, sugarcane, and pineapple and is effective in dealing with acne problems. The prime reason driving the growth in the market is the surging demand for natural skincare and personal products. Furthermore, its wide usefulness in textile dyeing and finishing operation provides a stable market growth prospect. Moreover, increasing innovation in the skincare industry will also boost the market growth. However, the production of glycolic acid leaves formaldehyde as a residual. Formaldehyde has a negative impact on the human body and its presence in the end product severely damages users' health, constraining the market for glycolic acid. 

Glycolic Acid Market Growth Drivers:

• Surging demand for natural cosmetic and personal care products will drive the market growth of glycolic acids during the forecasted period.

One of the key drivers of the glycolic acid market is the rising favourability of natural personal and cosmetic products. Owing to its varied skincare benefits, glycolic acid has found a significant position in the global cosmetic industry. Glycolic acid has been proven to be an effective skin treatment ingredient and has anti-aging properties. The acid is safe to use on sensitive skin and deals with acne and other skin problem efficiently. Moreover, in addition to these properties, glycolic acid is biodegradable, metoxyacetic acid-free, and non-flammable, making it an ideal element in the dyeing industry. It is exempted from the volatile organic compound (VOC) category, which supports its growth in the chemical industry. Also, the fall in the market of chemical products owing to the drastic effects of chemicals on skin and health has supported the market growth of natural products, increasing the demand for glycolic acids.

Glycolic Acid Market Segmentation Analysis:

Based on industry, the market is segmented into households and industry. The Industrial application of glycolic acid is predicted to have a dominating role in the global market. Further, the rising use of natural products provides market opportunities for the industry. Growing disposable income and self-consciousness has increased the usage of chemical-free, natural products among the users. This includes natural skincare, personal care, and cosmetic products.  Furthermore, growing internet penetration and rise in natural product e-commerce have opened several growth alternatives for the market. The launch of e-commerce brands, such as Nykaa, Purple, Tabao, and others has increased the natural product reach and hence their demand which facilitates market growth.  Increasing social media influence that encourages usage of natural products also favors the market growth during the forecasted period.

• Production formaldehyde substance hinders the market growth.

Predominately, glycolic acid has been produced by two methods- carbonylation of formaldehyde or by glycolonitrile as a prime material. Both these procedures involve the production of formaldehyde as a residual. Formaldehyde is a harmful sensitive substance that can cause immune system damage when exposed internally. Moreover, formaldehyde is linked with the development of cancer in humans. Furthermore, this substance may irritate the eyes and the skin on regular application. While formaldehyde is a residual product, its accidental mixture with glycolic acid has the potential to cause severe damage to the users. Hence, the extraction of glycolic acid needs utmost safety and advanced technology, which constrains the market prospects.

• Cosmetic Grade glycolic acid will have a significant market share during the forecasted period.

Based on grade type, the glycolic acid is segmented into industrial grade, cosmetic grade, medical grade, and technical grade. Industrial and medical-grade glycolic acid is projected to dominate the market owing to the large application of glycolic in industries and medical research. However, the cosmetic grade glycolic acid is predicted to grow at a significant rate. The rising demand for natural cosmetic products is the prime reason driving the demand for this segment growth. Further, a significant increase in global average disposable income accompanied by a surge in the standard of livings has resulted in an increase in the adoption of natural cosmetic and skincare products, which will support the market growth.

Glycolic Acid Market Geographical Outlook:

• The European region will have a significant share in the global glycolic acid market. The Asia Pacific market, however, is projected to grow at the fastest rate.

Based on geography, the glycolic acid market has been segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific region. The European glycolic market is projected to hold a significant share during the forecasted period. Europe is the prime user of natural skincare and cosmetic products. Increasing demand for them will support the market growth. The Asia Pacific region, however, is predicted to grow at the fastest rate. A rise in disposable income along with surging demand for natural products will drive in-market prospects. The booming textile industry will also hold a significant share in the region’s growth. Further, rising internet penetration and wider choice availability to the consumers provide a noteworthy opportunity to the market. Internet penetration has also resulted in an increase in the e-commerce sector and the emergence of new business platforms providing stale growth to the market. Increasing awareness and rising standard of living also play a crucial role. India, China, Japan, South Korea, Singapore, and Thailand are prime markets in the region.

Glycolic Acid Market Segmentation:

• By Grade
  • Industrial Grade
  • Cosmetic Grade
  • Technical Grade
  • Medical Grade
  • Others
• By End-Use
  • Personal Care & Cosmetics
  • Household Cleaning Products
  • Industrial Cleaning
  • Textile Industry
  • Oil & Gas
  • Pharmaceutical
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. GLYCOLIC ACID MARKET BY GRADE

5.1. Introduction

5.2. Industrial Grade

5.3. Cosmetic Grade

5.4. Technical Grade

5.5. Medical Grade

5.6. Others

6. GLYCOLIC ACID MARKET BY END-USE

6.1. Introduction

6.2. Personal Care & Cosmetics

6.3. Household Cleaning Products

6.4. Industrial Cleaning

6.5. Textile Industry

6.6. Oil & Gas

6.7. Pharmaceutical

6.8. Others

7. GLYCOLIC ACID MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Grade

7.2.2. By End-Use

7.2.3. By Country

7.2.3.1. USA

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Grade

7.3.2. By End-Use

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Grade

7.4.2. By End-Use

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.2. Germany

7.4.3.3. France

7.4.3.4. Spain

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Grade

7.5.2. By End-Use

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Others

7.6. Asia Pacific

7.6.1. By Grade

7.6.2. By End-Use

7.6.3. By Country

7.6.3.1. China

7.6.3.2. Japan

7.6.3.3. India

7.6.3.4. South Korea

7.6.3.5. Taiwan

7.6.3.6. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. The Chemours Company

9.2. CABB Group GmbH

9.3. Hefei TNJ Chemical Industry Co., Ltd.

9.4. Zhonglan Industry Co., Ltd.

9.5. Merck KGaA

9.6. Water Chemical Co., Ltd.

9.7.  Sigma-Aldrich

10. APPENDIX

10.1. Currency

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key benefits for the stakeholders

10.5. Research Methodology 

10.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

The Chemours Company

CABB Group GmbH

Hefei TNJ Chemical Industry Co., Ltd.

Zhonglan Industry Co., Ltd.

Merck KGaA

Water Chemical Co., Ltd.

 Sigma-Aldrich

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