Glycolic Acid Market by Purity (Glycolic Acid 99%, Glycolic Acid 70%, Glycolic Acid 30%, Others), by Application (Personal Care & Cosmetics, Household, Textile, Food Processing, Pharmaceutical, Others), by By Purity By Application By Country (U.S., Canada), by By Purity By Application By Country (Germany, UK, Russia, Italy, Spain, Rest of Europe), by By Purity By Application By Country (China, India, Japan, South Korea, Rest of Asia Pacific), by By Purity By Application By Country (Brazil, Argentina, Rest of Latin America), by By Purity By Application By Country (South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa) Forecast 2024-2032
The Glycolic Acid Market size was valued at USD 468.2 USD Million in 2023 and is projected to reach USD 663.21 USD Million by 2032, exhibiting a CAGR of 5.1 % during the forecast period. Glycolic acid is an alpha-hydroxy acid or AHA which is extracted from sugarcane, and due to its small molecular size, it is highly effective in penetrating skin profoundly. Its types include synthetic and natural glycolic acid which is the most prevalently used type of acid in skin care. The main characteristic of glycolic acid is its efficacy as an exfoliant which helps dissolve the pores and ease cell shedding, thus giving the skin the much-needed outer glow. Glycolic acid is well-known in the fields of dermatology and cosmetology and it can be found in chemical peels, serums, and creams. Its uses include skincare, for example in cases of acne, uneven skin tone, hyperpigmentation, fine lines, and an uneven surface. The benefits are extensive: It promotes the synthesis of collagen, makes skin more moist and helps to improve the general skin complexion. Glycolic acid is non-irritating and with continued application, skin appears clearer, firmer, and even possesses a youthful appearance, thus ideal for the skin care regimen.
By Purity:
By Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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