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Glycolic Acid Market Trends, Outlook, Overview and 2024 Forecast

Growing use of the product in various applications including personal care and household is expected to drive demand. The product is extensively used in the manufacturing of cleaning agent formulations as well as skin care creams, thus promoting its growth.

The Global Glycolic Acid Market is expected to reach USD 415.0 million by 2024, according to a new report by Grand View Research, Inc.


Personal care application is expected to be valued at over USD 96.0 million in 2015 driven by increasing use of the product in cosmeceutical preparations such as skin creams, lotions for treatment of blackheads, acne face lines and the treatment of oiliness. In addition, the demand for glycolic acid based skin peels for face cleansing is expected to bolster the demand over the forecast period.

Growing use of the product in shampoo formulations for treatment of dandruff and hair conditioning is expected to augment demand over the projected period. However, availability of alternate products such as salicylic acid coupled with stringent regulations by bodies such as Food and Drug Administration (FDA) limiting the concentration of glycolic acid in personal care products is expected to restrain growth.

To Know More About Glycolic Acid Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/glycolic-acid-industry

Top Players of Glycolic Acid Market:

Key players in the industry include Parchem, DuPont, CrossChem LP, Phibro Animal Health Corporation and Chemsolv Inc.

Market Segmentation of Glycolic Acid Market:

The Global Glycolic Acid Market Segmented on the basis of Application and Region.

By Application:

    Personal Care
    Household
    Industrial

By Region:

    North America
    Europe
    Asia Pacific
    Middle East and Africa
    Central & South America

Inquire about Glycolic Acid Market with Our Experts @ https://www.grandviewresearch.com/inquiry/8
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