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Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Industry Research Report 2024

April 2024 | 118 pages | ID: HE2FD1BA81E4EN
APO Research

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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.

According to APO Research, The global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

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).

The report will help the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Chemours
  • CrossChem
  • CABB
  • Water Chemical
  • Danhua Technology
  • Sinopec Yangzi Petrochemical
Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) segment by Type
  • Hydroxyacetic Acid Solid
  • Hydroxyacetic Acid Solution (50%-60%)
  • Hydroxyacetic Acid Solution (61%-70%)
Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) segment by Application
  • Household & Institutional Cleaning
  • Personal Care
  • Biodegradable Plastic
Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1).

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption 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, and production of each country in the world.

Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: 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 11: The main points and conclusions of the report.

Chapter 11: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) by Type
  2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
  2.2.2 Hydroxyacetic Acid Solid
  2.2.3 Hydroxyacetic Acid Solution (50%-60%)
  2.2.4 Hydroxyacetic Acid Solution (61%-70%)
2.3 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) by Application
  2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
  2.3.2 Household & Institutional Cleaning
  2.3.3 Personal Care
  2.3.4 Biodegradable Plastic
2.4 Global Market Growth Prospects
  2.4.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Estimates and Forecasts (2019-2030)
  2.4.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Capacity Estimates and Forecasts (2019-2030)
  2.4.3 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Estimates and Forecasts (2019-2030)
  2.4.4 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Average Price (2019-2030)

3 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

3.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Manufacturers (2019-2024)
3.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value by Manufacturers (2019-2024)
3.3 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Average Price by Manufacturers (2019-2024)
3.4 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Manufacturers, Product Type & Application
3.7 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Manufacturers, Date of Enter into This Industry
3.8 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition

4 MANUFACTURERS PROFILED

4.1 Chemours
  4.1.1 Chemours Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Company Information
  4.1.2 Chemours Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Business Overview
  4.1.3 Chemours Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Capacity, Value and Gross Margin (2019-2024)
  4.1.4 Chemours Product Portfolio
  4.1.5 Chemours Recent Developments
4.2 CrossChem
  4.2.1 CrossChem Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Company Information
  4.2.2 CrossChem Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Business Overview
  4.2.3 CrossChem Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Capacity, Value and Gross Margin (2019-2024)
  4.2.4 CrossChem Product Portfolio
  4.2.5 CrossChem Recent Developments
4.3 CABB
  4.3.1 CABB Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Company Information
  4.3.2 CABB Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Business Overview
  4.3.3 CABB Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Capacity, Value and Gross Margin (2019-2024)
  4.3.4 CABB Product Portfolio
  4.3.5 CABB Recent Developments
4.4 Water Chemical
  4.4.1 Water Chemical Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Company Information
  4.4.2 Water Chemical Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Business Overview
  4.4.3 Water Chemical Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Capacity, Value and Gross Margin (2019-2024)
  4.4.4 Water Chemical Product Portfolio
  4.4.5 Water Chemical Recent Developments
4.5 Danhua Technology
  4.5.1 Danhua Technology Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Company Information
  4.5.2 Danhua Technology Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Business Overview
  4.5.3 Danhua Technology Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Capacity, Value and Gross Margin (2019-2024)
  4.5.4 Danhua Technology Product Portfolio
  4.5.5 Danhua Technology Recent Developments
4.6 Sinopec Yangzi Petrochemical
  4.6.1 Sinopec Yangzi Petrochemical Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Company Information
  4.6.2 Sinopec Yangzi Petrochemical Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Business Overview
  4.6.3 Sinopec Yangzi Petrochemical Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Capacity, Value and Gross Margin (2019-2024)
  4.6.4 Sinopec Yangzi Petrochemical Product Portfolio
  4.6.5 Sinopec Yangzi Petrochemical Recent Developments

5 GLOBAL HYDROXYACETIC ACID (GLYCOLIC ACID) (CAS 79-14-1) PRODUCTION BY REGION

5.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Region: 2019-2030
  5.2.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Region: 2019-2024
  5.2.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Forecast by Region (2025-2030)
5.3 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value by Region: 2019-2030
  5.4.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value by Region: 2019-2024
  5.4.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Forecast by Region (2025-2030)
5.5 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Market Price Analysis by Region (2019-2024)
5.6 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production and Value, YOY Growth
  5.6.1 North America Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Estimates and Forecasts (2019-2030)
  5.6.2 Europe Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Estimates and Forecasts (2019-2030)
  5.6.3 China Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Estimates and Forecasts (2019-2030)
  5.6.4 Japan Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Estimates and Forecasts (2019-2030)

6 GLOBAL HYDROXYACETIC ACID (GLYCOLIC ACID) (CAS 79-14-1) CONSUMPTION BY REGION

6.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption by Region (2019-2030)
  6.2.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption by Region: 2019-2030
  6.2.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Forecasted Consumption by Region (2025-2030)
6.3 North America
  6.3.1 North America Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.3.2 North America Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption by Country (2019-2030)
  6.3.3 U.S.
  6.3.4 Canada
6.4 Europe
  6.4.1 Europe Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.4.2 Europe Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption by Country (2019-2030)
  6.4.3 Germany
  6.4.4 France
  6.4.5 U.K.
  6.4.6 Italy
  6.4.7 Russia
6.5 Asia Pacific
  6.5.1 Asia Pacific Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.5.2 Asia Pacific Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption by Country (2019-2030)
  6.5.3 China
  6.5.4 Japan
  6.5.5 South Korea
  6.5.6 China Taiwan
  6.5.7 Southeast Asia
  6.5.8 India
  6.5.9 Australia
6.6 Latin America, Middle East & Africa
  6.6.1 Latin America, Middle East & Africa Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.6.2 Latin America, Middle East & Africa Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Consumption by Country (2019-2030)
  6.6.3 Mexico
  6.6.4 Brazil
  6.6.5 Turkey
  6.6.5 GCC Countries

7 SEGMENT BY TYPE

7.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Type (2019-2030)
  7.1.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Type (2019-2030) & (MT)
  7.1.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Market Share by Type (2019-2030)
7.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value by Type (2019-2030)
  7.2.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value by Type (2019-2030) & (US$ Million)
  7.2.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Market Share by Type (2019-2030)
7.3 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Price by Type (2019-2030)

8 SEGMENT BY APPLICATION

8.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Application (2019-2030)
  8.1.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Application (2019-2030) & (MT)
  8.1.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production by Application (2019-2030) & (MT)
8.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value by Application (2019-2030)
  8.2.1 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value by Application (2019-2030) & (US$ Million)
  8.2.2 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Value Market Share by Application (2019-2030)
8.3 Global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Price by Application (2019-2030)

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS OF THE MARKET

9.1 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Value Chain Analysis
  9.1.1 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Production Mode & Process
9.2 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Distributors
  9.2.3 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Customers

10 GLOBAL HYDROXYACETIC ACID (GLYCOLIC ACID) (CAS 79-14-1) ANALYZING MARKET DYNAMICS

10.1 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Industry Trends
10.2 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Industry Drivers
10.3 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Industry Opportunities and Challenges
10.4 Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) Industry Restraints

11 REPORT CONCLUSION

12 DISCLAIMER



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