Albany, NY -- (SBWire) -- 07/21/2016 --The glycolic acid market has witnessed substantial growth over the past few years owing to its increased adoption in personal care products. Glycolic acid has exfoliating and moisturizing properties which makes it an ideal ingredient in skin care and hair care products such as face creams, lotions, shampoos and conditioners.
The report forecasts and analyzes the glycolic acid market at a global and regional level. The forecast is based on volumes and revenue of the glycolic acid market for the period ranging from 2012 to 2018. The study consists of the drivers and restraints of the market and their impact on growth during the mentioned time period. In addition, the study highlights opportunities available for the market at a regional and global level and its impact during the time period.
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For better understanding of the glycolic acid market, we have given a detailed analysis of the value chain. Moreover, a comprehensive Porter's five forces model offers a better understanding of the intensity of competition in the market. Furthermore, the study comprises a market attractiveness analysis, where the applications are benchmarked based on their scope, growth rate and general attractiveness.
The glycolic acid market has been segmented based on application and geography. Application segments have been analyzed and forecasted on current trends at a global and regional level, for the time period ranging from 2012 to 2018. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Analysis and forecast is based on current trends and covers the period from 2012 to 2018.
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Glycolic Acid Market - Latest Trends with Future Scope Analsis
Glycolic acid is the smallest Alpha Hydroxy Acid (AHA), which is a colorless, odorless, crystalline solid. It is present naturally in vegetables and fruits such as sugarcane, pineapple, unripe grapes and sugar beets among others. However, commercially, it is synthesized artificially through various chemical reactions.