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Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Growth 2019-2024
SKU ID : LPI-13802048 | Publishing Date : 31-Jan-2019 | No. of pages : 136
Hydroxyacetic acid is the smallest α-hydroxy acid with chemical formula of C2H4O3. It is colorless, odorless, and hygroscopic crystalline solid and is soluble in water, methanol, ethanol, ethyl acetate and other organic solvents, slightly soluble in ether, insoluble in hydrocarbons.
USA is the dominate producer of Hydroxyacetic Acid, the production was 34056 MT in 2016, accounting for about 60.42% of the total amount, followed by Europe, with the production market share of 19.74%. China has the highest production growth rate of 8.39% from 2012 to 2016. And USA is expected to remain the leading position in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.
Leading players in Hydroxyacetic Acid industry are Chemours, CABB, Water Chemical. Chemours is the largest manufacturer, with the production market share of 48.64% in 2016. The top three companies occupied about 79.21% production share of the market in 2016.
Personal care accounted for the largest market with about 60.12% share of global Hydroxyacetic Acid market in 2016. With over 29.62% share in the Hydroxyacetic Acid market, household & institutional cleaning was the second largest application market in 2016.
According to this study, over the next five years the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market will register a 1.0% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market by product type, application, key manufacturers and key regions and countries.
This study considers the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Glycolic Acid Solution
Glycolic Acid Solid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household & Institutional Cleaning
Personal Care
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chemours
CrossChem
Phibro
CABB
Water Chemical
Danhua Technology
Sinopec Yangzi Petrochemical
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market by identifying its various subsegments.
Focuses on the key global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
USA is the dominate producer of Hydroxyacetic Acid, the production was 34056 MT in 2016, accounting for about 60.42% of the total amount, followed by Europe, with the production market share of 19.74%. China has the highest production growth rate of 8.39% from 2012 to 2016. And USA is expected to remain the leading position in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.
Leading players in Hydroxyacetic Acid industry are Chemours, CABB, Water Chemical. Chemours is the largest manufacturer, with the production market share of 48.64% in 2016. The top three companies occupied about 79.21% production share of the market in 2016.
Personal care accounted for the largest market with about 60.12% share of global Hydroxyacetic Acid market in 2016. With over 29.62% share in the Hydroxyacetic Acid market, household & institutional cleaning was the second largest application market in 2016.
According to this study, over the next five years the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market will register a 1.0% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market by product type, application, key manufacturers and key regions and countries.
This study considers the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Glycolic Acid Solution
Glycolic Acid Solid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household & Institutional Cleaning
Personal Care
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chemours
CrossChem
Phibro
CABB
Water Chemical
Danhua Technology
Sinopec Yangzi Petrochemical
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market by identifying its various subsegments.
Focuses on the key global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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