PUBLISHER: KBV Research | PRODUCT CODE: 1450586
PUBLISHER: KBV Research | PRODUCT CODE: 1450586
LAMEA 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
The Latin America, Middle East and Africa Glycolic Acid Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 9,262.8 tonnes, showcasing a growth of 8.6% (2023-2030).
Innovations in skincare formulations include advanced delivery systems for glycolic acid. Nanotechnology and encapsulation techniques enhance glycolic acid's stability and penetration into the skin. This allows for controlled release, improved efficacy, and reduced potential for skin irritation. Advanced delivery systems contribute to the development of user-friendly and efficient skincare products. Innovations in skincare formulations include advanced delivery systems for glycolic acid. Nanotechnology and encapsulation techniques enhance glycolic acid's stability and penetration into the skin. This allows for controlled release, improved efficacy, and reduced potential for skin irritation. Advanced delivery systems contribute to the development of user-friendly and efficient skincare products.
Researchers are exploring innovative biomedical applications of glycolic acid. This consists of its integration into biocompatible materials for drug delivery systems and tissue engineering. The unique properties of glycolic acid make it a promising candidate for improving the performance, biodegradability, and compatibility of implants and drug carriers in the biomedical field. The adoption of green chemistry principles in the production of glycolic acid represents an innovative approach. Sustainable and environmentally friendly manufacturing processes are being explored to minimize the ecological impact of glycolic acid production. This includes reducing waste, energy consumption, and hazardous chemicals.
It is well-known for its exfoliating and skin-renewing properties in South Africa. Its incorporation into skincare products, such as cleansers, toners, serums, and peels, can contribute to the growth of the skincare and cosmetics industry in South Africa. It is commonly used in professional dermatological treatments, such as chemical peels in South Africa. The availability of dermatological procedures involving glycolic acid may contribute to the growth of the professional skincare services sector in South Africa. Its versatility extends to industrial applications, including metal cleaning, water treatment, and corrosion inhibition in South Africa. Adopting glycolic acid in industrial processes can enhance efficiency and sustainability, contributing to industrial growth in South Africa. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Glycolic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,695.9 Thousands by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1LAMEA Glycolic Acid Market, by Grade
- 1.4.2LAMEA Glycolic Acid Market, by Application
- 1.4.3LAMEA 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
- 3.1.1Overview
- 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.LAMEA Glycolic Acid Market by Grade
- 4.1LAMEA Technical Grade Market by Country
- 4.2LAMEA Cosmetic Grade Market by Country
Chapter 5.LAMEA Glycolic Acid Market by Application
- 5.1LAMEA Personal Care & Dermatology Market by Country
- 5.2LAMEA Industrial Market by Country
- 5.3LAMEA Household Market by Country
- 5.4LAMEA Others Market by Country
Chapter 6.LAMEA Glycolic Acid Market by Country
- 6.1Brazil Glycolic Acid Market
- 6.1.1Brazil Glycolic Acid Market by Grade
- 6.1.2Brazil Glycolic Acid Market by Application
- 6.2Argentina Glycolic Acid Market
- 6.2.1Argentina Glycolic Acid Market by Grade
- 6.2.2Argentina Glycolic Acid Market by Application
- 6.3UAE Glycolic Acid Market
- 6.3.1UAE Glycolic Acid Market by Grade
- 6.3.2UAE Glycolic Acid Market by Application
- 6.4Saudi Arabia Glycolic Acid Market
- 6.4.1Saudi Arabia Glycolic Acid Market by Grade
- 6.4.2Saudi Arabia Glycolic Acid Market by Application
- 6.5South Africa Glycolic Acid Market
- 6.5.1South Africa Glycolic Acid Market by Grade
- 6.5.2South Africa Glycolic Acid Market by Application
- 6.6Nigeria Glycolic Acid Market
- 6.6.1Nigeria Glycolic Acid Market by Grade
- 6.6.2Nigeria Glycolic Acid Market by Application
- 6.7Rest of LAMEA Glycolic Acid Market
- 6.7.1Rest of LAMEA Glycolic Acid Market by Grade
- 6.7.2Rest of LAMEA 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 1LAMEA Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 2LAMEA Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 3LAMEA Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 4LAMEA Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 5LAMEA Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 6LAMEA Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 7LAMEA Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 8LAMEA Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 9LAMEA Technical Grade Market by Country, 2019 - 2022, USD Thousands
- TABLE 10LAMEA Technical Grade Market by Country, 2023 - 2030, USD Thousands
- TABLE 11LAMEA Technical Grade Market by Country, 2019 - 2022, Tonnes
- TABLE 12LAMEA Technical Grade Market by Country, 2023 - 2030, Tonnes
- TABLE 13LAMEA Cosmetic Grade Market by Country, 2019 - 2022, USD Thousands
- TABLE 14LAMEA Cosmetic Grade Market by Country, 2023 - 2030, USD Thousands
- TABLE 15LAMEA Cosmetic Grade Market by Country, 2019 - 2022, Tonnes
- TABLE 16LAMEA Cosmetic Grade Market by Country, 2023 - 2030, Tonnes
- TABLE 17LAMEA Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 18LAMEA Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 19LAMEA Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 20LAMEA Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 21LAMEA Personal Care & Dermatology Market by Country, 2019 - 2022, USD Thousands
- TABLE 22LAMEA Personal Care & Dermatology Market by Country, 2023 - 2030, USD Thousands
- TABLE 23LAMEA Personal Care & Dermatology Market by Country, 2019 - 2022, Tonnes
- TABLE 24LAMEA Personal Care & Dermatology Market by Country, 2023 - 2030, Tonnes
- TABLE 25LAMEA Industrial Market by Country, 2019 - 2022, USD Thousands
- TABLE 26LAMEA Industrial Market by Country, 2023 - 2030, USD Thousands
- TABLE 27LAMEA Industrial Market by Country, 2019 - 2022, Tonnes
- TABLE 28LAMEA Industrial Market by Country, 2023 - 2030, Tonnes
- TABLE 29LAMEA Household Market by Country, 2019 - 2022, USD Thousands
- TABLE 30LAMEA Household Market by Country, 2023 - 2030, USD Thousands
- TABLE 31LAMEA Household Market by Country, 2019 - 2022, Tonnes
- TABLE 32LAMEA Household Market by Country, 2023 - 2030, Tonnes
- TABLE 33LAMEA Others Market by Country, 2019 - 2022, USD Thousands
- TABLE 34LAMEA Others Market by Country, 2023 - 2030, USD Thousands
- TABLE 35LAMEA Others Market by Country, 2019 - 2022, Tonnes
- TABLE 36LAMEA Others Market by Country, 2023 - 2030, Tonnes
- TABLE 37LAMEA Glycolic Acid Market by Country, 2019 - 2022, USD Thousands
- TABLE 38LAMEA Glycolic Acid Market by Country, 2023 - 2030, USD Thousands
- TABLE 39LAMEA Glycolic Acid Market by Country, 2019 - 2022, Tonnes
- TABLE 40LAMEA Glycolic Acid Market by Country, 2023 - 2030, Tonnes
- TABLE 41Brazil Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 42Brazil Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 43Brazil Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 44Brazil Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 45Brazil Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 46Brazil Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 47Brazil Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 48Brazil Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 49Brazil Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 50Brazil Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 51Brazil Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 52Brazil Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 53Argentina Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 54Argentina Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 55Argentina Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 56Argentina Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 57Argentina Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 58Argentina Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 59Argentina Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 60Argentina Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 61Argentina Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 62Argentina Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 63Argentina Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 64Argentina Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 65UAE Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 66UAE Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 67UAE Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 68UAE Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 69UAE Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 70UAE Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 71UAE Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 72UAE Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 73UAE Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 74UAE Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 75UAE Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 76UAE Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 77Saudi Arabia Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 78Saudi Arabia Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 79Saudi Arabia Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 80Saudi Arabia Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 81Saudi Arabia Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 82Saudi Arabia Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 83Saudi Arabia Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 84Saudi Arabia Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 85Saudi Arabia Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 86Saudi Arabia Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 87Saudi Arabia Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 88Saudi Arabia Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 89South Africa Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 90South Africa Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 91South Africa Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 92South Africa Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 93South Africa Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 94South Africa Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 95South Africa Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 96South Africa Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 97South Africa Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 98South Africa Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 99South Africa Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 100South Africa Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 101Nigeria Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 102Nigeria Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 103Nigeria Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 104Nigeria Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 105Nigeria Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 106Nigeria Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 107Nigeria Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 108Nigeria Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 109Nigeria Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 110Nigeria Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 111Nigeria Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 112Nigeria Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 113Rest of LAMEA Glycolic Acid Market, 2019 - 2022, USD Thousands
- TABLE 114Rest of LAMEA Glycolic Acid Market, 2023 - 2030, USD Thousands
- TABLE 115Rest of LAMEA Glycolic Acid Market, 2019 - 2022, Tonnes
- TABLE 116Rest of LAMEA Glycolic Acid Market, 2023 - 2030, Tonnes
- TABLE 117Rest of LAMEA Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
- TABLE 118Rest of LAMEA Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
- TABLE 119Rest of LAMEA Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
- TABLE 120Rest of LAMEA Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
- TABLE 121Rest of LAMEA Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
- TABLE 122Rest of LAMEA Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
- TABLE 123Rest of LAMEA Glycolic Acid Market by Application, 2019 - 2022, Tonnes
- TABLE 124Rest of LAMEA Glycolic Acid Market by Application, 2023 - 2030, Tonnes
- TABLE 125Key Information - The Chemours Company
- TABLE 126Key Information - China Petrochemical Corporation
- TABLE 127key Information - Merck KGaA
- TABLE 128Key Information - Shandong Xinhua Pharmaceutical Co., Ltd
- TABLE 129Key Information - Hefei TNJ Chemical Industry CO., LTD.
- TABLE 130Key Information - Siddharth Chiorochem Pvt. Ltd.
- TABLE 131Key Information - Avid Organics Pvt. Ltd.
- TABLE 132Key Information -Hebei Chengxin Co., Ltd.
- TABLE 133Key Information - Sancai Industry CO., LTD
- TABLE 134Key Information - Phibro Animal Health Corporation
