MARKET OVERVIEW:
Glycerol monomercaptoacetate, also known as glycerol monothioglycolate, is a clear oily liquid primarily used in the cosmetic industry. This compound serves as a key ingredient in personal care formulations, particularly in hair treatment products for curling and straightening applications. While its adoption is growing steadily, the market faces challenges due to increasing regulatory scrutiny on cosmetic ingredients.
MARKET INSIGHT & GROWTH DRIVERS:
The market growth is driven by rising demand for professional hair care services and premium cosmetic products globally. Asia-Pacific currently dominates consumption patterns, with China accounting for approximately 35% of global demand in 2024. The purity 78% segment holds the largest market share at 62%, primarily because it offers optimal performance in hair treatment formulations while maintaining cost-effectiveness USD 31 MILLION USD 41.16 MILLION
3.20%
MARKET SEGMENTATION:
BY TYPE
Purity 78%
Purity 82%
Others
BY APPLICATION
Care Products
Hairdressing
Others
MARKET DYNAMICS
Expanding Cosmetic Industry to Fuel Demand for Glycerol
Monomercaptoacetate
Global cosmetic industry continues to dem growth, with projections indicating it will billion by 2027. Glycerol monomercaptoa critical role in hair care formulations, part permanent wave solutions and keratin tre indispensable for manufacturers. The risin on hair aesthetics and styling products ha dramatically, especially in Asia-Pacific reg care accounts for over 35% of cosmetic sa
MARKET OPPORTUNITIES
The Asia-Pacific region represents an increasingly attractive growth avenue, with its cosmetic market expanding nearly twice as fast as Western markets. Countries like China and India demonstrate particularly strong potential, where urban consumers demonstrate increasing willingness to pay premium prices for advanced hair care solutions. Market penetration of professional salon services remains relatively low across Southeast Asia at approximately 30% of developed market levels, suggesting substantial room for expansion.
COMPANY MISSION
Global glycerol monomercaptoacetate market is experiencing steady growth, primarily fueled by its increasing use in cosmetic formulations. As a key ingredient in hair-straightening and curling products, this compound has gained significant traction due to its ability to modify keratin structure effectively. Recent data indicates that the personal care industry consumes over 65% of the total glycerol monomercaptoacetate production, with hair care products leading this segment.
REGIONAL MARKET OUTLOOK
North America
The North American glycerol monomercaptoacetate market is driven by strong demand from the personal care and cosmetic industries, particularly in the U.S., where hair treatment products represent a significant application segment. Strict FDA regulations regarding cosmetic ingredients ensure product quality and safety, creating a preference for high-purity (82%+) grades among manufacturers.
Europe
Europe maintains stringent standards for cosmetic ingredients under EC No 1223/2009, influencing glycerol monomercaptoacetate specifications across the region. Germany and France lead in consumption, with manufacturers prioritizing compliance with REACH regulations. The market shows preference for sustainable sourcing and transparent supply chains, prompting suppliers to enhance traceability. Professional hairdressing applications dominate demand, though recent economic pressures have led some brands to reformulate with alternative ingredients where feasible.
COMPETITIVE LANDSCAPE
Qingdao Jiahua Chemical (China)
Shandong Zhanhua Jinjiali Chemical (China)
Jiangsu Beida Pharmaceutical Technology (China)
Qingdao Hailihua Chemical Technology (China)
Hanhong Biochemical (China)
Qingdao ZKHT Chemical (China)
Bruno Bock Chemische Fabrik (Germany)
Yantai Yunkai Chemical (China)
These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.
DOWNLOAD FREE SAMPLE PDF BROCHURE
About Us
Founded in 2015, 24chemicalresearch is a trusted name in global chemical industry intelligence. We specialize in delivering high-quality market research reports, empowering over 30+ Fortune 500 clients with data-driven insights for strategic growth. Our team of experienced analysts delivers customized, reliable, and timely research backed by a rigorous methodology. From mining regulatory trends to forecasting market opportunities, our reports help companies navigate industry challenges, stay competitive, and grow confidently.
As a one-stop platform for the chemical sector, we offer:
Deep specialization in chemical market analysis
Customized reports tailored to your needs
A robust portal with free samples, consulting, and competitive insights
