Glycolic Acid Market Analysis By Application (Personal Care, Household Cleaning, Industrial) And Segment Forecasts To 2020

Published: May, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

Global Glycolic Acid Market by Application (Personal Care, Household Cleaning, Industrial) is Expected to Reach USD 277.8 Million by 2020
May 2014
The global market for glycolic acid is expected to reach USD 277.8 million by 2020. Glycolic acid is being increasingly used as an active ingredient in personal care products such as haircare and skincare. The growing consumer awareness regarding the benefits of glycolic acid as an anti oxidizing and exfoliating product is expected to fuel demand over the forecast period. In addition, glycolic acid is used in the manufacturing of polyglycolic acid (PGA), used for the manufacturing of absorbable sutures for healthcare applications. Growing standard of healthcare in emerging economies is expected to result in increased demand for these sutures which in turn would boost the demand for glycolic acid.

Personal care products were the largest application segment accounting for over 30,000 tons of glycolic acid consumption in 2013. Exfoliation and anti-ageing properties of glycolic acid make them ideally suited for use in haircare and skincare products. Growing disposable income and changing lifestyle are expected to play a key role in augmenting demand for glycolic acid based personal care products.

Further key findings from the study suggest:

North America was the largest regional market for glycolic acid, owing to high use of glycolic acid based personal care products, with market revenue estimated at USD 44.82 million in 2013.
Asia Pacific is expected to witness fastest growth, at an estimated CAGR of 11.5% from 2014 to 2020, owing to changing lifestyle in emerging markets of China and India resulting in higher adoption and utilization of haircare and skincare products.
Glycolic acid is used in the manufacturing of PGA, which is a key raw material for absorbable sutures. The growing preference of absorbable sutures in developed nations is expected to increase demand for glycolic acid in this segment.
For the purpose of this study, Grand View Research has segmented the global Glycolic Acid market on the basis of application, product and region:

     Glycolic Acid Applications Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020) 
             Personal Care
             Household Cleaning
             Industrial
             Others (PGA)
     Glycolic Acid Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
             North America 
             Europe 
             Asia Pacific 
             (RoW)

 Table of Contents
Chapter 1 Executive Summary

                1.1 Glycolic Acid - Industry Summary & Critical Success Factors (CSFs) 

Chapter 2 Glycolic Acid Industry Outlook                                                     

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 Glycolic Acid Value Chain Analysis                                            

                2.4 Glycolic Acid Market Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Demand for personal care products

                        2.4.1.2 Increasing market for PGA

                    2.4.2 Market restraint analysis

                        2.4.2.1 Development of alternatives                                      

                        2.4.2.2 Side effects of glycolic acid

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 Glycolic acid - PESTEL Analysis

Chapter 3 Glycolic Acid Application Outlook                                                

                3.1 Personal care

                    3.1.1. Global Glycolic acid demand in personal care, 2012-2020, (Tons), (USD million)

                3.2 Household Cleaning

                    3.2.1 Global Glycolic acid demand in household cleaning, 2012-2020, (Tons), (USD million)

                3.3 Industrial application

                    3.3.1 Global Glycolic acid demand in industrial applications, 2012-2020, (Tons), (USD million)

                3.4 Other applications

                    3.4.1 Global Glycolic acid demand in other applications, 2012-2020, (Tons), (USD million)

Chapter 4 Glycolic Acid Regional Outlook

                4.1 North America

                    4.1.1 Glycolic acid market volume & revenue by application, 2012-2020 (Tons), (USD million)

                4.2 Europe

                    4.2.1 Glycolic acid market volume & revenue by application, 2012-2020 (Tons), (USD million)

                4.3 Asia Pacific

                    4.3.1 Glycolic acid market volume & revenue by application, 2012-2020 (Tons), (USD million)

                4.4 RoW

                    4.4.1 Glycolic acid market volume & revenue by application, 2012-2020 (Tons), (USD million)

Chapter 5 Glycolic Acid Competitive Landscape

                5.1 Sigma Aldrich

                    5.1.1  Company Overview

                    5.1.2  Financial Performance

                    5.1.3  Product Benchmarking

                    5.1.4  Strategic Initiatives

                5.2 DuPont

                    5.2.1  Company Overview

                    5.2.2  Financial Performance

                    5.2.3  Product Benchmarking

                    5.2.4  Strategic Initiatives

                5.3 CrossChem LP

                    5.3.1  Company Overview

                    5.3.2  Financial Performance

                    5.3.3  Product Benchmarking

                    5.3.4  Strategic Initiatives

                5.4 Parchem

                    5.4.1  Company Overview

                    5.4.2  Financial Performance

                    5.4.3  Product Benchmarking

                    5.4.4  Strategic Initiatives

                5.5 Phibro Animal Health Corporation

                    5.5.1  Company Overview

                    5.5.2  Financial Performance

                    5.5.3  Product Benchmarking

                    5.5.4  Strategic Initiatives

                5.6 Chemsolv Inc

                     5.6.1 Company Overview

                     5.6.2  Financial Performance

                     5.6.3  Product Benchmarking

                     5.6.4  Strategic Initiatives

Chapter 6 Methodology & Scope                                          

                6.1 Research Methodology                                       

                6.2 Research Scope & Assumptions                                     

                6.3 List of Data Sources                                            


List of Tables


Glycolic acid - Industry Summary & Critical Success Factors (CSFs)
Global Glycolic acid market volume and revenue, 2012 - 2020
Glycolic acid - Key driver analysis
Glycolic acid - Key restraint analysis
Global Glycolic acid demand in personal care, (volume & revenue), 2012-2020
Global Glycolic acid demand in personal care, by region, (volume & revenue), 2012-2020
Global Glycolic acid demand in household cleaning, (volume & revenue), 2012-2020
Global Glycolic acid demand in household cleaning, by region, (volume & revenue), 2012-2020
Global Glycolic acid demand in industrial application, (volume & revenue), 2012-2020
Global Glycolic acid demand in industrial application, by region, (volume & revenue), 2012-2020
Global Glycolic acid demand in other application, (volume & revenue), 2012-2020
Global Glycolic acid demand in other application, by region, (volume & revenue), 2012-2020
North America Glycolic acid market volume, by application, 2012 - 2020 (Tons)   
North America Glycolic acid market revenue, by application, 2012 - 2020 (USD Million)
Europe Glycolic acid market volume, by application, 2012 - 2020 (Kilo Tons)      
Europe Glycolic acid market revenue, by application, 2012 - 2020 (USD Million)
Asia Pacific Glycolic acid market volume, by application, 2012 - 2020 (Kilo tons)
Asia Pacific Glycolic acid market revenue, by application, 2012 - 2020 (USD Million)
RoW Glycolic acid market volume, by application, 2012 - 2020 (Kilo Tons)          
RoW Glycolic acid market revenue, by application, 2012 - 2020 (USD Million)

List of Figures

Glycolic acid market segmentation
Glycolic acid market (Volume & Revenue), 2012 - 2020
Glycolic acid - Value chain analysis
Glycolic acid - Market dynamics
Glycolic acid - Company market share analysis, 2013
Key opportunities prioritized
Industry analysis - Porter's
Glycolic acid PESTEL analysis, 2013
Global Glycolic acid market volume share, by application, 2013 & 2020
Global Glycolic acid demand in personal care, (volume & revenue), 2012-2020
Global Glycolic acid demand in household cleaning, (volume & revenue), 2012-2020
Global Glycolic acid demand in industrial application, (volume & revenue), 2012-2020
Global Glycolic acid demand in other applications, (volume & revenue), 2012-2020
Global Glycolic acid market volume share, by region, 2013 & 2020
North America Glycolic acid market estimates and forecast, 2012-2020 (Tons), (USD million)       
Europe Glycolic acid market estimates and forecast, 2012-2020 (Tons), (USD million)
Asia Pacific Glycolic acid market estimates and forecast, 2012-2020 (Tons), (USD million)
RoW Glycolic acid market estimates and forecast, 2012-2020 (Tons), (USD million)