Los Angeles, CA -- (SBWIRE) -- 11/27/2018 -- This study focuses on the production side and consumption side of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1), presents the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.In terms of consumption side, this report focuses on the consumption of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Hydroxyacetic acid is the smallest ?-hydroxy acid with chemical formula of C2H4O3. It is colorless, odorless, and hygroscopic crystalline solid and is soluble in water, methanol, ethanol, ethyl acetate and other organic solvents, slightly soluble in ether, insoluble in hydrocarbons.USA is the dominate producer of Hydroxyacetic Acid, the production was 34056 MT in 2016, accounting for about 60.42% of the total amount, followed by Europe, with the production market share of 19.74%. China has the highest production growth rate of 8.39% from 2012 to 2016. And USA is expected to remain the leading position in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.Leading players in Hydroxyacetic Acid industry are Chemours, CABB, Water Chemical. Chemours is the larges
manufacturer, with the production market share of 48.64% in 2016. The top three companies occupied about 79.21% production share of the market in 2016.
Personal care accounted for the largest market with about 60.12% share of global Hydroxyacetic Acid market in 2016. With over 29.62% share in the Hydroxyacetic Acid market, household & institutional cleaning was the second largest application market in 2016.The Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market was valued at 210 Million US$ in 2017 and is projected to reach 230 Million US$ by 2025, at a CAGR of 1.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1).
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This report includes the following manufacturers; we can also add the other companies as you want.
Chemours
CrossChem
Phibro
CABB
Water Chemical
Danhua Technology
Sinopec Yangzi Petrochemical
Market Segment by Product Type
Glycolic Acid Solution
Glycolic Acid Solid
Market Segment by Application
Household & Institutional Cleaning
Personal Care
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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