Product Code: 1792
The alpha hydroxy acid market is set to witness robust growth through 2028 owing to increasing product utilization in the cosmetics industry. In addition, the booming chemical sector is anticipated to drive market demand over the forecast timeframe.
Moreover, high emphasis of companies on product innovation has positively influenced the product landscape. For instance, in July 2022, cosmetics behemoth L'Oreal patented a skin peeling composition, which included alpha hydroxy acid as one of the major ingredients.
Additionally, prominent research and development activities in the field have been favorable for the progress of the alpha hydroxy acid market. Notably, after the onset of COVID-19, studies found that wearing masks for a long time could increase the flare of acne resulting from the higher temperature and humidity on the facial skin surface from expired air and perspiration. Subsequently, growing awareness regarding product benefits against acne has fostered product outlook in recent years.
The alpha hydroxy acid market has been bifurcated in terms of application, product, and region.
On the basis of application, the market has been divided into cosmetics and dermal. The cosmetics segment has been further classified into skin care, make up, hair care, fragrances, and others. The skincare segment is anticipated to grow steadily in the upcoming time period owing to increased consumption of moisturizers and face creams for skin care treatment.
The fragrances segment is set to exhibit robust expansion on account of escalating popularity of scented products among the millennial population. In addition, the others segment accounts for a considerable market share due to mounting influence of social media and marketing strategies.
Based on product, the alpha hydroxy acid market has been divided into glycolic acid, citric acid, lactic acid, and others (malic acid, tartaric acid). The others segment is estimated to register substantial gains over the review timeline. Soaring utilization of malic acid in the food processing industry as it prolongs the shelf life of packaged food is foreseen to support segmental growth. Furthermore, proliferating demand for tartaric acid as an anti-microbial agent is also slated to fuel product uptake through the forecast period.
In the regional context, continuous innovation in personal care products is expected to drive alpha hydroxy acid industry growth in the Latin America region. Meanwhile, the Middle East & Africa alpha hydroxy acid market is poised to showcase notable revenue growth through the forecast period. Rising concerns pertaining to skincare among the young population and burgeoning number of internet users would bolster the demand for cosmetics products, which is primed to propel market growth in MEA over the assessment timeframe.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definitions
- 1.2 Base estimates and calculations
- 1.3 Forecast calculation
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid Sources
- 1.4.2.2 Public Sources
Chapter 2 Executive Summary
- 2.1 Alpha Hydroxy Acid industry 360 degree synopsis, 2017 - 2028
- 2.1.1 Business trends
- 2.1.2 Region trends
- 2.1.3 Product trends
- 2.1.4 Application trends
Chapter 3 Alpha Hydroxy Acid Industry Insights
- 3.1 Industry segmentation
- 3.2 COVID-19 overview of the world economy
- 3.3 Industry ecosystem analysis
- 3.3.1 Distribution channel analysis
- 3.3.2 Profit margin trends
- 3.3.3 Impact of COVID-19 on supply chain
- 3.3.4 Vendor matrix
- 3.4 Technology landscape
- 3.4.1 Glycolic acid
- 3.4.2 Lactic acid
- 3.4.3 Citric acid
- 3.4.4 Malic acid
- 3.4.5 Tartaric acid
- 3.5 Raw material analysis
- 3.5.1 Glycolic acid
- 3.5.2 Lactic acid
- 3.5.3 Citric acid
- 3.5.4 Malic acid
- 3.5.5 Tartaric acid
- 3.6 Industry best practices & key buying criteria
- 3.7 Regulatory landscape
- 3.7.1 U.S.
- 3.7.2 Europe
- 3.7.3 Japan
- 3.8 Pricing analysis (USD/KG), by region, by products
- 3.8.1 North America
- 3.8.2 Europe
- 3.8.3 Asia Pacific
- 3.8.4 LATAM
- 3.8.5 Middle East & Africa
- 3.8.6 Impact of COVID-19 on price trends
- 3.9 Cost structure analysis, 2021
- 3.10 Industry impact forces
- 3.10.1 Growth drivers
- 3.10.1.1 Growth in the cosmetics & personal care industry
- 3.10.1.2 Significant growth of the chemicals sector
- 3.10.2 Industry pitfalls and challenges
- 3.10.2.1 Fluctuating raw material cost
- 3.11 Innovation & sustainability
- 3.12 Growth potential analysis, 2021
- 3.13 Competitive landscape, 2021
- 3.13.1 Company market share analysis, 2021
- 3.13.2 Strategy Dashboard
- 3.13.3 Key stake holders
- 3.14 Porter's analysis
- 3.14.1 Bargaining power of suppliers
- 3.14.2 Bargaining power of buyers
- 3.14.3 Threat of new entrants
- 3.14.4 Threat of substitutes
- 3.15 PESTEL analysis
- 3.16 COVID-19 impact on alpha hydroxy acid market, by application
- 3.16.1 Cosmetics
- 3.16.2 Dermal
Chapter 4 Alpha Hydroxy Acid Market, By Product
- 4.1 Key product trends
- 4.2 Glycolic acid
- 4.2.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 4.2.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 4.3 Lactic acid
- 4.3.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 4.3.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 4.4 Citric acid
- 4.4.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 4.4.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 4.5 Others
- 4.5.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 4.5.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
Chapter 5 Alpha Hydroxy Acid Market, By Application
- 5.1 Key application trends
- 5.2 Cosmetics
- 5.2.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.3 Skin care
- 5.2.3.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.3.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.4 Hair care
- 5.2.4.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.4.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.5 Make up
- 5.2.5.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.5.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.6 Fragrances
- 5.2.6.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.6.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.7 Others
- 5.2.7.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 5.2.7.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
- 5.3 Dermal
- 5.3.1 Market trends and analysis, 2017-2028 (Kilo Tons) (USD Million)
- 5.3.2 Market trends and analysis, by region, 2017-2028 (Kilo Tons) (USD Million)
Chapter 6 Alpha Hydroxy Acid Market, By Region
- 6.1 Key region trends
- 6.2 North America
- 6.2.1 North America market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.2 North America market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.3 North America market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.4 U.S.
- 6.2.4.1 U.S. market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.4.2 U.S. market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.4.3 U.S. market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.5 Canada
- 6.2.5.1 Canada market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.5.2 Canada market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.2.5.3 Canada market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3 Europe
- 6.3.1 Europe market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.2 Europe market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.3 Europe market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.4 Germany
- 6.3.4.1 Germany market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.4.2 Germany market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.4.3 Germany market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.5 UK
- 6.3.5.1 UK market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.5.2 UK market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.5.3 UK market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.6 France
- 6.3.6.1 France market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.6.2 France market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.6.3 France market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.7 Italy
- 6.3.7.1 Italy market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.7.2 Italy market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.7.3 Italy market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.8 Spain
- 6.3.8.1 Spain market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.8.2 Spain market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.8.3 Spain market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.9 Russia
- 6.3.9.1 Russia market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.9.2 Russia market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.9.3 Russia market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.10 Poland
- 6.3.10.1 Poland market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.10.2 Poland market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.3.10.3 Poland market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.2 Asia Pacific market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.3 Asia Pacific market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.4 China
- 6.4.4.1 China market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.4.2 China market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.4.3 China market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.5 India
- 6.4.5.1 India market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.5.2 India market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.5.3 India market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.6 Japan
- 6.4.6.1 Japan market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.6.2 Japan market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.6.3 Japan market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.7 South Korea
- 6.4.7.1 South Korea market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.7.2 South Korea market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.7.3 South Korea market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.8 Australia
- 6.4.8.1 Australia market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.8.2 Australia market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.8.3 Australia market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.9 Thailand
- 6.4.9.1 Thailand market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.9.2 Thailand market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.9.3 Thailand market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.10 Taiwan
- 6.4.10.1 Taiwan market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.10.2 Taiwan market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.10.3 Taiwan market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.11 Indonesia
- 6.4.11.1 Indonesia market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.11.2 Indonesia market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.4.11.3 Indonesia market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5 Latin America
- 6.5.1 Latin America market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.2 Latin America market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.3 Latin America market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.4 Brazil
- 6.5.4.1 Brazil market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.4.2 Brazil market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.4.3 Brazil market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.5 Argentina
- 6.5.5.1 Argentina market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.5.2 Argentina market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.5.3 Argentina market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.6 Mexico
- 6.5.6.1 Mexico market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.6.2 Mexico market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.6.3 Mexico market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.7 Venezuela
- 6.5.7.1 Venezuela market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.7.2 Venezuela market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.5.7.3 Venezuela market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6 Middle East & Africa
- 6.6.1 Middle East & Africa market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.2 Middle East & Africa market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.3 Middle East & Africa market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.4 Saudi Arabia
- 6.6.4.1 Saudi Arabia market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.4.2 Saudi Arabia market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.4.3 Saudi Arabia market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.5 UAE
- 6.6.5.1 UAE market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.5.2 UAE market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.5.3 UAE market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.6 South Africa
- 6.6.6.1 South Africa market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.6.2 South Africa market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.6.3 South Africa market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.7 Iran
- 6.6.7.1 Iran market estimates & forecast, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.7.2 Iran market estimates & forecast, by product, 2017 - 2028, (Kilo Tons) (USD Million)
- 6.6.7.3 Iran market estimates & forecast, by application, 2017 - 2028, (Kilo Tons) (USD Million)
Chapter 7 Company Profiles
- 7.1 Cargill Incorporated
- 7.1.1 Business overview
- 7.1.2 Financial data
- 7.1.3 Product landscape
- 7.1.4 SWOT analysis
- 7.2 CrossChem
- 7.2.1 Business overview
- 7.2.2 Financial data
- 7.2.3 Product landscape
- 7.2.4 SWOT analysis
- 7.3 Mehul Dye Chem Industries
- 7.3.1 Business overview
- 7.3.2 Financial data
- 7.3.3 Product landscape
- 7.3.4 SWOT analysis
- 7.4 Ava Chemicals
- 7.4.1 Business overview
- 7.4.2 Financial data
- 7.4.3 Product landscape
- 7.4.4 SWOT analysis
- 7.5 ParChem
- 7.5.1 Business overview
- 7.5.2 Financial data
- 7.5.3 Product Landscape
- 7.5.4 SWOT analysis
- 7.6 Croda International
- 7.6.1 Business overview
- 7.6.2 Financial data
- 7.6.3 Product landscape
- 7.6.4 Go-To-Market Strategy
- 7.6.5 SWOT analysis
- 7.7 Corbion
- 7.7.1 Business overview
- 7.7.2 Financial data
- 7.7.3 Product landscape
- 7.7.4 Go-To-Market Strategy
- 7.7.5 SWOT analysis
- 7.8 H Plus Limited
- 7.8.1 Business overview
- 7.8.2 Financial data
- 7.8.3 Product landscape
- 7.8.4 SWOT analysis
- 7.9 Airedale Chemical Company Limited
- 7.9.1 Business overview
- 7.9.2 Financial data
- 7.9.3 Product landscape
- 7.9.4 Go-to-market strategy
- 7.9.5 SWOT analysis
- 7.10 Sculptra Aesthetics
- 7.10.1 Business overview
- 7.10.2 Financial data
- 7.10.3 Product Landscape
- 7.10.4 SWOT analysis
- 7.11 Lotioncrafter
- 7.11.1 Business overview
- 7.11.2 Financial data
- 7.11.3 Product landscape
- 7.11.4 SWOT analysis
- 7.12 BulkActives
- 7.12.1 Business overview
- 7.12.2 Financial data
- 7.12.3 Product Landscape
- 7.12.4 SWOT analysis
- 7.13 Tokyo Chemical Industry
- 7.13.1 Business overview
- 7.13.2 Financial data
- 7.13.3 Product landscape
- 7.13.4 SWOT analysis
- 7.14 Chemours
- 7.14.1 Business overview
- 7.14.2 Financial data
- 7.14.3 Product landscape
- 7.14.4 SWOT analysis
- 7.15 PhibroChem
- 7.15.1 Business overview
- 7.15.2 Financial data
- 7.15.3 Product landscape
- 7.15.4 SWOT analysis
- 7.16 Jungbunzlauer
- 7.16.1 Business overview
- 7.16.2 Financial data
- 7.16.3 Product landscape
- 7.16.4 Go-to-market strategy
- 7.16.5 SWOT analysis
- 7.17 Henan Jindan lactic acid Technology Co., Ltd.
- 7.17.1 Business overview
- 7.17.2 Financial data
- 7.17.3 Product landscape
- 7.17.4 SWOT analysis
- 7.18 Zhonglan Industry Co., Ltd
- 7.18.1 Business overview
- 7.18.2 Financial data
- 7.18.3 Product landscape
- 7.18.4 SWOT analysis