Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

Los Angeles, CA -- (SBWire) -- 01/30/2019 --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.

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 largest 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 global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market is valued at 210 million US$ in 2018 is expected to reach 230 million US$ by the end of 2025, growing at a CAGR of 1.2% during 2019-2025.

This report focuses on Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Chemours

CrossChem

Phibro

CABB

Water Chemical

Danhua Technology

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Glycolic Acid Solution

Glycolic Acid Solid

Segment by Application

Household & Institutional Cleaning

Personal Care

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