Global Market Size of Glycolic Acid Market – 10 Year Market Forecast

Chemicals

Glycolic Acid Market Size Forecast 2022-2029

 

The market size for the global glycolic acid market is expected to reach a value of USD 0.32 billion in 2022 and USD 0.64 billion by 2029, at a CAGR of 10%. The cumulative market size is estimated at USD 4 billion over the forecast period of 2022 to 2029. Asia-Pacific is the biggest consumer market of glycolic acid and is expected to generate the maximum market revenues. North America and Europe are the second and third largest markets respectively. Cosmetic-grade glycolic acid is expected to dominate the market share. Glycolic acid is widely used in several applications such as personal care and dermatology, industrial, household etc.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets.
• Which segment is expected to be the largest application of glycolic acid?

• Personal care and dermatology is expected to be the largest application of glycolic acid.
• Which grade of glycolic acid is expected to lead the overall market?

• Cosmetic grade is expected to lead the overall glycolic acid.
• Which is the fastest growing glycolic acid market?

• The fastest growing glycolic acid market is the APAC region.
• What is the CAGR value for the glycolic acid market over the forecast period?

• The CAGR value for the glycolic acid market over the forecast period is 10%.

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