Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1). This report contains market size and forecasts of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) in global, including the following market information:
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) companies in 2022 (%)
The global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market was valued at US$ 144.3 million in 2022 and is projected to reach US$ 231.4 million by 2029, at a CAGR of 7.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
USA is the dominate country of hydroxyacetic acid, accounting for about 32% of the total amount, followed by Europe. Leading players in hydroxyacetic acid industry are Chemours, CABB, Water Chemical. Chemours is the largest manufacturer, with the production market share of about 46%. The top three companies occupied about 81% sales share of the market.
We surveyed the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Segment Percentages, by Type, 2022 (%)
Hydroxyacetic Acid Solid
Hydroxyacetic Acid Solution (50%-60%)
Hydroxyacetic Acid Solution (61%-70%)
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Segment Percentages, by Application, 2022 (%)
Household & Institutional Cleaning
Personal Care
Biodegradable Plastic
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) revenues share in global market, 2022 (%)
Key companies Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) sales in global market, 2018-2023 (Estimated), (MT)
Key companies Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Chemours
CrossChem
CABB
Water Chemical
Danhua Technology
Sinopec Yangzi Petrochemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1), market overview.
Chapter 2: Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market size in revenue and volume.
Chapter 3: Detailed analysis of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
