Glycolic Acid Market Top Players Analysis | Merck KGaA, China Petrochemical Corporation, Parchem fine and specialty chemicals, Mehul Dye Chem Industries, CrossChem Limited, Among Others.

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Market Data Centre
Market Data Centre

The Global Glycolic Acid Market size is projected to grow from USD 354.17 Million in 2022 to USD 1.2 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period (2022-2030).

Pune , June 22, 2022 (GLOBE NEWSWIRE) -- Glycolic Acid Market by Vendor Assessment, Technology Assessment, Partner & Customer Ecosystem, type/solution, service, organization size, end-use verticals, and Region – Global Glycolic Acid Market Forecast to 2030, published by M arket Data Centre, The Glycolic Acid Market is projected to grow at a solid pace during the forecast period. The presence of key players in the ecosystem has led to a compsetitive and diverse market. The advancement of digital transformation initiatives across multiple industries is expected to drive the worldwide Glycolic Acid Market during the study period.

This COVID-19 analysis of the report includes COVID-19 IMPACT on the production and, demand, supply chain. This report provides a detailed historical analysis of the global Glycolic Acid Market from 2017-to 2021 and provides extensive market forecasts from 2022-to 2030 by region/country and subsectors. The report covers the revenue, sales volume, price, historical growth, and future perspectives in the Glycolic Acid Market.

The Global Glycolic Acid Market size is projected to grow from USD 354.17 Million in 2022 to USD 1.2 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period (2022-2030).

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Key Companies Profiled Includes:

Avid Organics, CABB Group GmbH, China Petrochemical Corporation, CrossChem Limited, Mehul Dye Chem Industries, Merck KGaA, Parchem fine and specialty chemicals, The Chemours Company, Tokyo Chemical Industry Co. Ltd, Water Chemical Co. Ltd and Zhonglan Industry Co. Ltd., among others.

Regional Analysis:

On the basis of Geography, the Global Glycolic Acid Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to hold a considerable share in the global Glycolic Acid Market. Due to increasing investment for research and development process and adoption of solutions in the region whereas Asia-Pacific is expected to grow at a faster pace during the forecasted period.

The growing number of Glycolic Acid Market players across regions is expected to drive market growth further. Moreover, increasing investments by prominent vendors in product capabilities and business expansion is expected to fuel the market during the study period. Many market players are finding lucrative opportunities in emerging economies like China and India, where the large populations are coupled with new innovations in numerous industries.