Allied Market Research

Global Glycolic Acid Market - Opportunities and Forecasts, 2014 - 2022

 

Portland, OR -- (SBWIRE) -- 06/13/2017 -- Glycolic acid belongs to a group of active compounds known as AHAs (alpha hydroxyl acids), which are primarily found in vegetables and fruits such as sugarcane, pineapple, unripe grapes, etc. Glycolic acid possesses the smallest molecules in the group; this enables quick and easy penetration of human skin. It is therefore very effective in skin treatment and is widely used in cosmetic formulations. Due to the increased adoption of personal care products, the glycolic acid market is witnessing significant growth. Glycolic acid is also used for the manufacturing of poly glycolic acid (PGA) and in absorbable sutures for surgical/medical applications.

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The global glycolic acid market is segmented on the basis of application and geography. Based on application, the market is sub-segmented into personal care, household cleaning, industrial and others. Geographically, the global glycolic acid market is segmented into North America, Europe, Asia pacific and LAMEA.

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KEY MARKET SEGMENTS

MARKET BY APPLICATION

-Personal Care
-Household Cleaning
-Industrial
-Others

MARKET BY GEOGRAPHY

-North America
-Europe
-Asia pacific
-LAMEA