Hydroxyacetic acid is the smallest α-hydroxy acid with chemical formula of C2H4O3. It is colorless, odorless, and hygroscopic crystalline solid and is soluble in water, methanol, ethanol, ethyl acetate and other organic solvents, slightly soluble in ether, insoluble in hydrocarbons.
USA is the dominate producer of Hydroxyacetic Acid, the production was 34056 MT in 2016, accounting for about 60.42% of the total amount, followed by Europe, with the production market share of 19.74%. China has the highest production growth rate of 8.39% from 2012 to 2016. And USA is expected to remain the leading position in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.
Leading players in Hydroxyacetic Acid industry are Chemours, CABB, Water Chemical. Chemours is the largest manufacturer, with the production market share of 48.64% in 2016. The top three companies occupied about 79.21% production share of the market in 2016.
Personal care accounted for the largest market with about 60.12% share of global Hydroxyacetic Acid market in 2016. With over 29.62% share in the Hydroxyacetic Acid market, household & institutional cleaning was the second largest application market in 2016.

The report offers detailed coverage of Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Chemours
CrossChem
Phibro
CABB
Water Chemical
Danhua Technology
Sinopec Yangzi Petrochemical
At the same time, we classify Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Glycolic Acid Solution
Glycolic Acid Solid
Market by Application
Household & Institutional Cleaning
Personal Care
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market for the forecast period 2023 - 2030?
• What are the driving forces in the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hydroxyacetic Acid (Glycolic Acid) (CAS 79-14-1) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

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