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.
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:
- Arkema
- Bruno Bock
- Daicel
- HiMedia Laboratories
- Sasaki Chemical
- Swan Chemical
- Qingdao Ruchang Mining Industry
- Qingdao LNT Chemical
Highlights of The Thioglycolic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the 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
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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