North America Glycolic Acid Size, Share & Trends Analysis Report By Grade (Technical Grade and Cosmetic Grade), By Application (Personal Care & Dermatology, Industrial, Household and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The North America Glycolic Acid Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 20,705.1 tonnes, showcasing a growth of 5.5% (2019-2022).

The cosmetics and skincare industry has been an early and enthusiastic adopter of glycolic acid. The compound's exfoliating properties and ability to promote cell turnover and collagen synthesis make it a sought-after ingredient in many skincare products. Consumers are increasingly seeking science-backed solutions for their beauty routines, driving the demand for products containing glycolic acid. As the awareness of the benefits of glycolic acid in addressing various skin concerns grows, its adoption in cosmetics and skincare is likely to continue expanding.

In the medical and pharmaceutical sectors, glycolic acid has found significant adoption for its dermatological applications. Dermatologists commonly use glycolic acid to treat acne, hyperpigmentation, and scars. Its role in promoting skin rejuvenation and enhancing the effectiveness of certain pharmaceutical formulations has contributed to its widespread adoption in the medical field. The versatility of glycolic acid in addressing various skin issues makes it a valuable tool for healthcare professionals, further solidifying its adoption.

The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. E-commerce platforms make skincare products, including those with glycolic acid, easily accessible to consumers across Mexico. Mexican consumers can explore a variety of glycolic acid formulations, including cleansers, serums, creams, and masks, providing them with choices that suit their specific skincare needs. Hence, the factors mentioned above will drive the regional market growth.

The US market dominated the North America Glycolic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $104,499.4 Thousands by 2030. The Canada market is experiencing a CAGR of 8.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.6% during (2023 - 2030).

Based on Grade, the market is segmented into Technical Grade and Cosmetic Grade. Based on Application, the market is segmented into Personal Care & Dermatology, Industrial, Household and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

The Chemours Company
China Petrochemical Corporation (Sinopec Group)
Merck KGaA
Shandong Xinhua Pharmaceuticals Co., Ltd.
Hefei TNJ Chemical Industry Co., Ltd.
Siddharth Chlorochem Pvt. Ltd.
Avid Organics Pvt. Ltd.
Hebei Chengxin Co., Ltd.
Sancai Industry Co., Ltd
Phibro Animal Health Corporation

North America Glycolic Acid Market Report Segmentation

By Grade (Volume, Tonnes, USD Million, 2019-2030)

Technical Grade
Cosmetic Grade

By Application (Volume, Tonnes, USD Million, 2019-2030)

Personal Care & Dermatology
Industrial
Household
Others

By Country (Volume, Tonnes, USD Million, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Glycolic Acid Market, by Grade
- 1.4.2North America Glycolic Acid Market, by Application
- 1.4.3North America Glycolic Acid Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.North America Glycolic Acid Market by Grade

4.1North America Technical Grade Market by Country
4.2North America Cosmetic Grade Market by Country

Chapter 5.North America Glycolic Acid Market by Application

5.1North America Personal Care & Dermatology Market by Country
5.2North America Industrial Market by Country
5.3North America Household Market by Country
5.4North America Others Market by Country

Chapter 6.North America Glycolic Acid Market by Country

6.1US Glycolic Acid Market
- 6.1.1US Glycolic Acid Market by Grade
- 6.1.2US Glycolic Acid Market by Application
6.2Canada Glycolic Acid Market
- 6.2.1Canada Glycolic Acid Market by Grade
- 6.2.2Canada Glycolic Acid Market by Application
6.3Mexico Glycolic Acid Market
- 6.3.1Mexico Glycolic Acid Market by Grade
- 6.3.2Mexico Glycolic Acid Market by Application
6.4Rest of North America Glycolic Acid Market
- 6.4.1Rest of North America Glycolic Acid Market by Grade
- 6.4.2Rest of North America Glycolic Acid Market by Application

Chapter 7.Company Profiles

7.1The Chemours Company
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
7.2China Petrochemical Corporation (Sinopec Group)
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Research & Development Expenses
- 7.2.4SWOT Analysis
7.3Merck KGaA
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expense
- 7.3.5SWOT Analysis
7.4Shandong Xinhua Pharmaceutical Co. Ltd
- 7.4.1Company Overview
7.5Hefei TNJ Chemical Industry Co., Ltd.
- 7.5.1Company Overview
7.6Siddharth Chlorochem Pvt. Ltd.
- 7.6.1Company Overview
7.7Avid Organics Pvt. Ltd.
- 7.7.1Company Overview
7.8Hebei Chengxin Co., Ltd.
- 7.8.1Company Overview
7.9Sancai Industry Co., Ltd
- 7.9.1Company Overview
7.10.Phibro Animal Health Corporation
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expenses

LIST OF TABLES

TABLE 1North America Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 2North America Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 3North America Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 4North America Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 5North America Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 6North America Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 7North America Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 8North America Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 9North America Technical Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 10North America Technical Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 11North America Technical Grade Market by Country, 2019 - 2022, Tonnes
TABLE 12North America Technical Grade Market by Country, 2023 - 2030, Tonnes
TABLE 13North America Cosmetic Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 14North America Cosmetic Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 15North America Cosmetic Grade Market by Country, 2019 - 2022, Tonnes
TABLE 16North America Cosmetic Grade Market by Country, 2023 - 2030, Tonnes
TABLE 17North America Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 18North America Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 19North America Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 20North America Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 21North America Personal Care & Dermatology Market by Country, 2019 - 2022, USD Thousands
TABLE 22North America Personal Care & Dermatology Market by Country, 2023 - 2030, USD Thousands
TABLE 23North America Personal Care & Dermatology Market by Country, 2019 - 2022, Tonnes
TABLE 24North America Personal Care & Dermatology Market by Country, 2023 - 2030, Tonnes
TABLE 25North America Industrial Market by Country, 2019 - 2022, USD Thousands
TABLE 26North America Industrial Market by Country, 2023 - 2030, USD Thousands
TABLE 27North America Industrial Market by Country, 2019 - 2022, Tonnes
TABLE 28North America Industrial Market by Country, 2023 - 2030, Tonnes
TABLE 29North America Household Market by Country, 2019 - 2022, USD Thousands
TABLE 30North America Household Market by Country, 2023 - 2030, USD Thousands
TABLE 31North America Household Market by Country, 2019 - 2022, Tonnes
TABLE 32North America Household Market by Country, 2023 - 2030, Tonnes
TABLE 33North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 34North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 35North America Others Market by Country, 2019 - 2022, Tonnes
TABLE 36North America Others Market by Country, 2023 - 2030, Tonnes
TABLE 37North America Glycolic Acid Market by Country, 2019 - 2022, USD Thousands
TABLE 38North America Glycolic Acid Market by Country, 2023 - 2030, USD Thousands
TABLE 39North America Glycolic Acid Market by Country, 2019 - 2022, Tonnes
TABLE 40North America Glycolic Acid Market by Country, 2023 - 2030, Tonnes
TABLE 41US Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 42US Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 43US Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 44US Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 45US Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 46US Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 47US Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 48US Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 49US Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 50US Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 51US Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 52US Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 53Canada Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 54Canada Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 55Canada Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 56Canada Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 57Canada Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 58Canada Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 59Canada Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 60Canada Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 61Canada Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 62Canada Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 63Canada Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 64Canada Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 65Mexico Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 66Mexico Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 67Mexico Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 68Mexico Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 69Mexico Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 70Mexico Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 71Mexico Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 72Mexico Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 73Mexico Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 74Mexico Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 75Mexico Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 76Mexico Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 77Rest of North America Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 78Rest of North America Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 79Rest of North America Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 80Rest of North America Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 81Rest of North America Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 82Rest of North America Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 83Rest of North America Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 84Rest of North America Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 85Rest of North America Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 86Rest of North America Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 87Rest of North America Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 88Rest of North America Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 89Key Information - The Chemours Company
TABLE 90Key Information - China Petrochemical Corporation
TABLE 91key Information - Merck KGaA
TABLE 92Key Information - Shandong Xinhua Pharmaceutical Co., Ltd
TABLE 93Key Information - Hefei TNJ Chemical Industry CO., LTD.
TABLE 94Key Information - Siddharth Chiorochem Pvt. Ltd.
TABLE 95Key Information - Avid Organics Pvt. Ltd.
TABLE 96Key Information -Hebei Chengxin Co., Ltd.
TABLE 97Key Information - Sancai Industry CO., LTD
TABLE 98Key Information - Phibro Animal Health Corporation

North America Glycolic Acid Size, Share & Trends Analysis Report By Grade (Technical Grade and Cosmetic Grade), By Application (Personal Care & Dermatology, Industrial, Household and Others), By Country and Growth Forecast, 2023 - 2030