MARKET OVERVIEW:
Glycolic acid is an alpha-hydroxy acid (AHA) widely used in cosmetic formulations and industrial applications. This organic compound, with the chemical formula C2H4O3, is derived from sugarcane, fruits, or synthesized chemically. Its keratolytic properties make it particularly effective in skincare products for exfoliation and antiaging treatments, while industrial applications include cleaning solutions and textile processing.
MARKET INSIGHT & GROWTH DRIVERS:
258.1 MILLION
381.7 MILLION 5.2%
The market growth is driven by increasing demand for personal care products, particularly anti-aging solutions and chemical peels.
Click Here for More Detailed Report
MARKET DYNAMICS
Expanding Agricultural Sector and Need for Crop Stress Resistance to Boost ABA Demand
Global cosmetic industry's rapid expansion is a significant driver for glycolic acid market growth, with the skincare segment expected to reach over USD180 billion by 2025.
Glycolic acid's keratolytic properties make it a key ingredient in anti-aging formulations, chemical peels, and acne treatments. Its ability to penetrate skin layers more effectively than other AHAs has increased adoption in professional skincare treatments, with dermatologist-recommended products incorporating glycolic acid concentrations between 5-30%.
MARKET OPPORTUNITIES
Developing markets in Southeast Asia and Latin America present significant growth opportunities as disposable incomes rise and skincare awareness increases. Countries like Brazil and Indonesia have seen glycolic acid product sales grow at 18-22% CAGR since 2020, outpacing mature markets.
Local manufacturers are establishing production facilities to serve these regions, avoiding import tariffs and leveraging regional trade agreements.
COMPANY MISSION
Sustainability pressures are reshaping production methods across the glycolic acid value chain. Manufacturers are investing heavily in bio-based production pathways, with sugarcanederived glycolic acid gaining significant traction. This shift responds to growing consumer demand for clean beauty products and aligns with tightening environmental regulations in key markets like the EU and North America.
REGIONAL MARKET OUTLOOK
North America
The glycolic acid market in North America remains a high-growth sector, primarily driven by robust demand from the personal care and cosmetics industry. The region's stringent regulatory framework, particularly FDA guidelines governing cosmetic ingredients, has accelerated the adoption of pharmaceutical-grade glycolic acid in anti-aging formulations. With the U.S. skincare market projected to exceed USD25 billion by 2030, product innovation remains critical.
Europe
Europe represents a mature yet innovation-driven glycolic acid market, with Germany and France accounting for over 45% of regional demand. Strict EU cosmetic regulations (EC No 1223/2009) regarding AHA concentrations have pushed manufacturers toward developing stabilized formulations with reduced irritation potential.
COMPETITIVE LANDSCAPE
• The Chemours Company (U.S.)
• Phibro Animal Health Corporation (U.S.)
• Zhonglan Industry (China)
• CrossChem Ltd. (UK)
• SimcoQC (Canada))
These companies now control key portions of the glycolic acid supply chain, from raw material sourcing to finished product distribution.
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
