Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Thioglycolic Acid Market by Type (PurityGreater than or equal to70%, PurityGreater than or equal to85%, PurityGreater than or equal to90%, PurityGreater than or equal to99%), By Application (Cosmetics, Cleaning Agent, Oilfield Chemical Products, Leather Processing, Metal Recovery, Pesticide) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Thioglycolic Acid Market by Type (PurityGreater than or equal to70%, PurityGreater than or equal to85%, PurityGreater than or equal to90%, PurityGreater than or equal to99%), By Application (Cosmetics, Cleaning Agent, Oilfield Chemical Products, Leather Processing, Metal Recovery, Pesticide) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143272 3300 Chemical & Material 377 237 Pages 4.6 (39)
                                          

Market Overview:


The global thioglycolic acid market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for thioglycolic acid in cosmetics, cleaning agents, oilfield chemical products, leather processing, metal recovery and pesticide applications. In terms of type, the purity greater than or equal to 70% segment is expected to account for a major share of the global thioglycolic acid market during the forecast period. This can be attributed to its growing demand from end-use industries such as cosmetics and cleaning agents.


Global Thioglycolic Acid Industry Outlook


Product Definition:


Thioglycolic acid is a colorless, oily liquid that is soluble in water. It is used as a chemical intermediate in the production of other chemicals.


PurityGreater than or equal to70%:


Thioglycolic acid is a chemical compound derived from two amino acids, lysine and glutamic acid. It's an organic intermediate used in the production of pharmaceutical drugs, agrochemicals, cosmetics & toiletries products and other industrial chemicals. Thioglycolic acid has been gaining acceptance as a purity greater than or equal to70% cosmetic ingredient owing to its skin-friendly nature along with its high water solubility property.


PurityGreater than or equal to85%:


Thioglycolic acid is a chemical, which is used as an intermediate in manufacturing several pharmaceutical and cosmetic products. It has medical uses too. Thioglycolic acid can be extracted from animal bones or plant sources such as yarrow, lily of the Nile and sugarcane bagasse.


Application Insights:


The major application segments of the product include cosmetics, cleaning agent, oilfield chemical products, leather processing, metal recovery and pesticide. The demand for the product in cosmetic manufacturing is expected to witness growth owing to its use as an emulsifier and wetting agent. It is also used as a foaming compound in detergents and cleaners. In addition it finds applications as a dispersing agent in grease removal formulations along with being used for surface tension reduction agents.


Regional Analysis:


North America emerged as the dominant regional market in 2017. The region will retain its position through the forecast period owing to increasing demand for cosmetic products and growing environmental concerns among consumers. Europe is expected to be one of the significant markets for GTAA due to stringent regulations by REACH that are driving innovation in product application techniques, thereby propelling industry growth over the forecast period. Asia Pacific is anticipated to witness a lucrative CAGR during the same period on account of rapid industrialization and rising disposable income levels, especially in developing countries such as China and India.


Growth Factors:


  • Increasing demand for hair care products
  • Rising awareness about the benefits of thioglycolic acid in hair care products
  • Growing popularity of natural and organic beauty products
  • Rising disposable income of consumers in developing countries
  • Proliferation of online retailing

Scope Of The Report

Report Attributes

Report Details

Report Title

Thioglycolic Acid Market Research Report

By Type

PurityGreater than or equal to70%, PurityGreater than or equal to85%, PurityGreater than or equal to90%, PurityGreater than or equal to99%

By Application

Cosmetics, Cleaning Agent, Oilfield Chemical Products, Leather Processing, Metal Recovery, Pesticide

By Companies

Arkema, Bruno Bock, Daicel, HiMedia Laboratories, Sasaki Chemical, Swan Chemical, Qingdao Ruchang Mining Industry, Qingdao LNT Chemical

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

237

Number of Tables & Figures

166

Customization Available

Yes, the report can be customized as per your need.


Global Thioglycolic Acid Market Report Segments:

The global Thioglycolic Acid market is segmented on the basis of:

Types

PurityGreater than or equal to70%, PurityGreater than or equal to85%, PurityGreater than or equal to90%, PurityGreater than or equal to99%

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Cosmetics, Cleaning Agent, Oilfield Chemical Products, Leather Processing, Metal Recovery, Pesticide

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Arkema
  2. Bruno Bock
  3. Daicel
  4. HiMedia Laboratories
  5. Sasaki Chemical
  6. Swan Chemical
  7. Qingdao Ruchang Mining Industry
  8. Qingdao LNT Chemical

Global Thioglycolic Acid Market Overview


Highlights of The Thioglycolic Acid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. PurityGreater than or equal to70%
    2. PurityGreater than or equal to85%
    3. PurityGreater than or equal to90%
    4. PurityGreater than or equal to99%
  1. By Application:

    1. Cosmetics
    2. Cleaning Agent
    3. Oilfield Chemical Products
    4. Leather Processing
    5. Metal Recovery
    6. Pesticide
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Thioglycolic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Thioglycolic Acid Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Thioglycolic acid is a molecule that contains a sulfur atom at one end and a glycol group (a type of alcohol) at the other. The sulfur atom makes thioglycolic acid an acidic compound, while the glycol group gives it some hydrophilic properties. These properties make thioglycollic acid useful in many different ways, including as an ingredient in cosmetics and pharmaceuticals.

Some of the major players in the thioglycolic acid market are Arkema, Bruno Bock, Daicel, HiMedia Laboratories, Sasaki Chemical, Swan Chemical, Qingdao Ruchang Mining Industry, Qingdao LNT Chemical.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Thioglycolic Acid Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Thioglycolic Acid Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Thioglycolic Acid Market - Supply Chain
   4.5. Global Thioglycolic Acid Market Forecast
      4.5.1. Thioglycolic Acid Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Thioglycolic Acid Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Thioglycolic Acid Market Absolute $ Opportunity

5. Global Thioglycolic Acid Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Thioglycolic Acid Market Size and Volume Forecast by Type
      5.3.1. PurityGreater than or equal to70%
      5.3.2. PurityGreater than or equal to85%
      5.3.3. PurityGreater than or equal to90%
      5.3.4. PurityGreater than or equal to99%
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Thioglycolic Acid Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Thioglycolic Acid Market Size and Volume Forecast by Application
      6.3.1. Cosmetics
      6.3.2. Cleaning Agent
      6.3.3. Oilfield Chemical Products
      6.3.4. Leather Processing
      6.3.5. Metal Recovery
      6.3.6. Pesticide
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Thioglycolic Acid Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Thioglycolic Acid Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Thioglycolic Acid Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Thioglycolic Acid Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Thioglycolic Acid Demand Share Forecast, 2019-2026

9. North America Thioglycolic Acid Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Thioglycolic Acid Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Thioglycolic Acid Market Size and Volume Forecast by Application
      9.4.1. Cosmetics
      9.4.2. Cleaning Agent
      9.4.3. Oilfield Chemical Products
      9.4.4. Leather Processing
      9.4.5. Metal Recovery
      9.4.6. Pesticide
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Thioglycolic Acid Market Size and Volume Forecast by Type
      9.7.1. PurityGreater than or equal to70%
      9.7.2. PurityGreater than or equal to85%
      9.7.3. PurityGreater than or equal to90%
      9.7.4. PurityGreater than or equal to99%
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Thioglycolic Acid Demand Share Forecast, 2019-2026

10. Latin America Thioglycolic Acid Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Thioglycolic Acid Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Thioglycolic Acid Market Size and Volume Forecast by Application
      10.4.1. Cosmetics
      10.4.2. Cleaning Agent
      10.4.3. Oilfield Chemical Products
      10.4.4. Leather Processing
      10.4.5. Metal Recovery
      10.4.6. Pesticide
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Thioglycolic Acid Market Size and Volume Forecast by Type
      10.7.1. PurityGreater than or equal to70%
      10.7.2. PurityGreater than or equal to85%
      10.7.3. PurityGreater than or equal to90%
      10.7.4. PurityGreater than or equal to99%
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Thioglycolic Acid Demand Share Forecast, 2019-2026

11. Europe Thioglycolic Acid Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Thioglycolic Acid Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Thioglycolic Acid Market Size and Volume Forecast by Application
      11.4.1. Cosmetics
      11.4.2. Cleaning Agent
      11.4.3. Oilfield Chemical Products
      11.4.4. Leather Processing
      11.4.5. Metal Recovery
      11.4.6. Pesticide
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Thioglycolic Acid Market Size and Volume Forecast by Type
      11.7.1. PurityGreater than or equal to70%
      11.7.2. PurityGreater than or equal to85%
     11.7.3. PurityGreater than or equal to90%
      11.7.4. PurityGreater than or equal to99%
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Thioglycolic Acid Demand Share, 2019-2026

12. Asia Pacific Thioglycolic Acid Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Thioglycolic Acid Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Thioglycolic Acid Market Size and Volume Forecast by Application
      12.4.1. Cosmetics
      12.4.2. Cleaning Agent
      12.4.3. Oilfield Chemical Products
      12.4.4. Leather Processing
      12.4.5. Metal Recovery
      12.4.6. Pesticide
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Thioglycolic Acid Market Size and Volume Forecast by Type
      12.7.1. PurityGreater than or equal to70%
      12.7.2. PurityGreater than or equal to85%
      12.7.3. PurityGreater than or equal to90%
      12.7.4. PurityGreater than or equal to99%
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Thioglycolic Acid Demand Share, 2019-2026

13. Middle East & Africa Thioglycolic Acid Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Thioglycolic Acid Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Thioglycolic Acid Market Size and Volume Forecast by Application
      13.4.1. Cosmetics
      13.4.2. Cleaning Agent
      13.4.3. Oilfield Chemical Products
      13.4.4. Leather Processing
      13.4.5. Metal Recovery
      13.4.6. Pesticide
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Thioglycolic Acid Market Size and Volume Forecast by Type
      13.7.1. PurityGreater than or equal to70%
      13.7.2. PurityGreater than or equal to85%
      13.7.3. PurityGreater than or equal to90%
      13.7.4. PurityGreater than or equal to99%
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Thioglycolic Acid Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Thioglycolic Acid Market: Market Share Analysis
   14.2. Thioglycolic Acid Distributors and Customers
   14.3. Thioglycolic Acid Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Arkema
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Bruno Bock
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Daicel
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. HiMedia Laboratories
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Sasaki Chemical
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Swan Chemical
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Qingdao Ruchang Mining Industry
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Qingdao LNT Chemical
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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