Product Code: 978-1-68038-006-4
Glycolic Acid Market Growth & Trends:
The global glycolic acid market size is estimated to reach USD 734.6 million by 2030, registering a CAGR of 7.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing use of the product in various applications including personal care and household is expected to drive demand. The product is extensively used in the manufacturing of cleaning agent formulations as well as skin care creams, thus promoting its growth.
The personal care segment dominated the of glycolic acid industry and held the largest revenue share, driven by increasing use of the product in cosmeceutical preparations such as skin creams, lotions for treatment of blackheads, acne face lines and the treatment of oiliness. In addition, the demand for glycolic acid based skin peels for face cleansing is expected to bolster the demand over the forecast period.
Growing use of the product in shampoo formulations for treatment of dandruff and hair conditioning is expected to augment demand over the projected period. However, availability of alternate products such as salicylic acid coupled with stringent regulations by bodies such as Food and Drug Administration (FDA) limiting the concentration of glycolic acid in personal care products is expected to restrain growth.
Glycolic Acid Market Report Highlights:
- The personal care application segment dominated the market by capturing 66.7% of the market share in 2024, driven by increasing awareness about self-care and the availability of products aligning with dermatological requirements.
- By grade, the cosmetic segment dominated the industry by capturing 64.7% share in 2024, driven by its widespread use in skincare products such as chemical peels, anti-aging creams, exfoliants, and acne treatments.
- The technical grade segment is primarily driven by its applications in industrial cleaning, metal surface treatment, and oil & gas descaling.
- Asia Pacific dominated the market and accounted for the largest revenue share of 38.3% in 2024.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Glycolic Acid Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing/Technology Outlook
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis
- 3.3.1. Factors Influencing Prices
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Glycolic Acid Market: Grade Estimates & Trend Analysis
- 4.1. Glycolic Acid Market: Technology Movement Analysis, 2023 & 2030
- 4.2. Cosmetic
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3. Technical
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Glycolic Acid Market: Application Estimates & Trend Analysis
- 5.1. Glycolic Acid Market: Application Movement Analysis, 2023 & 2030
- 5.2. Personal Care
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3. Household
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Industrial
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Others
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Glycolic Acid Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2023 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5. UK
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6. France
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7. Italy
- 6.3.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.8. Spain
- 6.3.8.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.8.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.8.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7. South Korea
- 6.4.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.5. Argentina
- 6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.5.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.5. South Africa
- 6.6.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.5.2. Market estimates and forecasts, by grade, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Market Positioning Analysis, 2024
- 7.5. Strategy Mapping
- 7.6. Company Profiles/Listing
- 7.6.1. PureTech Scientific Inc.
- 7.6.1.1. Company Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Technology Benchmarking
- 7.6.2. CABB Chemicals
- 7.6.2.1. Company Overview
- 7.6.2.2. Financial Performance
- 7.6.2.3. Technology Benchmarking
- 7.6.3. CrossChem Limited
- 7.6.3.1. Company Overview
- 7.6.3.2. Financial Performance
- 7.6.3.3. Technology Benchmarking
- 7.6.4. Nikko Chemicals
- 7.6.4.1. Company Overview
- 7.6.4.2. Financial Performance
- 7.6.4.3. Technology Benchmarking
- 7.6.5. Avid Organics Pvt. Ltd.
- 7.6.5.1. Company Overview
- 7.6.5.2. Financial Performance
- 7.6.5.3. Technology Benchmarking
- 7.6.6. Mehul Dye Chem Industries
- 7.6.6.1. Company Overview
- 7.6.6.2. Financial Performance
- 7.6.6.3. Technology Benchmarking
- 7.6.7. Kanto Chemical Co., Inc.
- 7.6.7.1. Company Overview
- 7.6.7.2. Financial Performance
- 7.6.7.3. Technology Benchmarking
- 7.6.8. Junsei Chemical Co., Ltd.
- 7.6.8.1. Company Overview
- 7.6.8.2. Financial Performance
- 7.6.8.3. Technology Benchmarking
- 7.6.9. Kishida Chemical Co., Ltd.
- 7.6.9.1. Company Overview
- 7.6.9.2. Financial Performance
- 7.6.9.3. Technology Benchmarking
- 7.6.10. Fengchen Group Co., Ltd.
- 7.6.10.1. Company Overview
- 7.6.10.2. Financial Performance
- 7.6.10.3. Technology Benchmarking
- 7.6.11. BASF SE
- 7.6.11.1. Company Overview
- 7.6.11.2. Financial Performance
- 7.6.11.3. Technology Benchmarking