The Europe Glycolic Acid Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 12,334.9 tonnes, showcasing a growth of 5.8% (2019-2022).
There is an increasing consumer preference for natural and sustainable products. This trend extends to the market, with an increased interest in bio-based glycolic acid derived from renewable sources. Manufacturers are exploring sustainable production methods to align with environmental consciousness and consumer demand for eco-friendly solutions. The cosmetics and skincare industry continues to experience innovations in formulations containing glycolic acid. Advanced delivery systems and encapsulation techniques are being explored to enhance the stability and efficacy of glycolic acid in various skincare products. Manufacturers are focusing on creating user-friendly applications with minimal side effects.
The awareness of skincare ingredients and their benefits has increased among consumers. It is known for its exfoliating and anti-aging properties, is seeing rising adoption in skincare routines. Products containing glycolic acid are being positioned as effective solutions for addressing various skin concerns, contributing to its continued growth in the cosmetics industry. There is a trend toward personalized and customized skincare solutions. Companies are exploring ways to tailor glycolic acid formulations to meet individual skin needs. This can involve adjusting concentrations or combining glycolic acid with other ingredients to create targeted skincare products.
The convenience of online shopping is a significant factor driving the adoption of glycolic acid in Spain. E-commerce platforms integrate with social media channels, allowing users to discover glycolic acid products through influencers, beauty bloggers, and social media campaigns in Spain. E-commerce platforms prioritize secure and convenient payment options, instilling confidence in online transactions in Spain. According to the International Trade Administration, the number of e-commerce consumers in Spain reached 30 million in 2021. eCommerce penetration was estimated at 63%, and internet penetration at 83% in 2021. By 2025, there will be 37 million eCommerce users, a 25% increase.
The Germany market dominated the Europe Glycolic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $28,384.5 Thousands by 2030. The UK market is registering a CAGR of 5.4% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 7.1% during (2023 - 2030).
Free Valuable Insights: The Global Glycolic Acid Market will Hit $531 Million by 2030, at a CAGR of 6.8%
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Europe 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)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 2 Europe Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 3 Europe Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 4 Europe Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 5 Europe Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 6 Europe Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 7 Europe Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 8 Europe Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 9 Europe Technical Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 10 Europe Technical Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 11 Europe Technical Grade Market by Country, 2019 - 2022, Tonnes
TABLE 12 Europe Technical Grade Market by Country, 2023 - 2030, Tonnes
TABLE 13 Europe Cosmetic Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 14 Europe Cosmetic Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 15 Europe Cosmetic Grade Market by Country, 2019 - 2022, Tonnes
TABLE 16 Europe Cosmetic Grade Market by Country, 2023 - 2030, Tonnes
TABLE 17 Europe Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 18 Europe Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 19 Europe Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 20 Europe Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 21 Europe Personal Care & Dermatology Market by Country, 2019 - 2022, USD Thousands
TABLE 22 Europe Personal Care & Dermatology Market by Country, 2023 - 2030, USD Thousands
TABLE 23 Europe Personal Care & Dermatology Market by Country, 2019 - 2022, Tonnes
TABLE 24 Europe Personal Care & Dermatology Market by Country, 2023 - 2030, Tonnes
TABLE 25 Europe Industrial Market by Country, 2019 - 2022, USD Thousands
TABLE 26 Europe Industrial Market by Country, 2023 - 2030, USD Thousands
TABLE 27 Europe Industrial Market by Country, 2019 - 2022, Tonnes
TABLE 28 Europe Industrial Market by Country, 2023 - 2030, Tonnes
TABLE 29 Europe Household Market by Country, 2019 - 2022, USD Thousands
TABLE 30 Europe Household Market by Country, 2023 - 2030, USD Thousands
TABLE 31 Europe Household Market by Country, 2019 - 2022, Tonnes
TABLE 32 Europe Household Market by Country, 2023 - 2030, Tonnes
TABLE 33 Europe Others Market by Country, 2019 - 2022, USD Thousands
TABLE 34 Europe Others Market by Country, 2023 - 2030, USD Thousands
TABLE 35 Europe Others Market by Country, 2019 - 2022, Tonnes
TABLE 36 Europe Others Market by Country, 2023 - 2030, Tonnes
TABLE 37 Europe Glycolic Acid Market by Country, 2019 - 2022, USD Thousands
TABLE 38 Europe Glycolic Acid Market by Country, 2023 - 2030, USD Thousands
TABLE 39 Europe Glycolic Acid Market by Country, 2019 - 2022, Tonnes
TABLE 40 Europe Glycolic Acid Market by Country, 2023 - 2030, Tonnes
TABLE 41 Germany Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 42 Germany Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 43 Germany Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 44 Germany Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 45 Germany Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 46 Germany Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 47 Germany Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 48 Germany Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 49 Germany Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 50 Germany Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 51 Germany Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 52 Germany Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 53 UK Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 54 UK Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 55 UK Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 56 UK Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 57 UK Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 58 UK Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 59 UK Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 60 UK Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 61 UK Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 62 UK Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 63 UK Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 64 UK Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 65 France Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 66 France Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 67 France Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 68 France Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 69 France Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 70 France Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 71 France Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 72 France Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 73 France Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 74 France Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 75 France Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 76 France Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 77 Russia Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 78 Russia Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 79 Russia Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 80 Russia Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 81 Russia Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 82 Russia Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 83 Russia Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 84 Russia Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 85 Russia Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 86 Russia Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 87 Russia Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 88 Russia Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 89 Spain Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 90 Spain Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 91 Spain Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 92 Spain Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 93 Spain Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 94 Spain Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 95 Spain Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 96 Spain Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 97 Spain Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 98 Spain Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 99 Spain Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 100 Spain Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 101 Italy Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 102 Italy Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 103 Italy Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 104 Italy Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 105 Italy Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 106 Italy Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 107 Italy Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 108 Italy Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 109 Italy Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 110 Italy Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 111 Italy Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 112 Italy Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 113 Rest of Europe Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 114 Rest of Europe Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 115 Rest of Europe Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 116 Rest of Europe Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 117 Rest of Europe Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 118 Rest of Europe Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 119 Rest of Europe Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 120 Rest of Europe Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 121 Rest of Europe Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 122 Rest of Europe Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 123 Rest of Europe Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 124 Rest of Europe Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 125 Key Information – The Chemours Company
TABLE 126 Key Information – China Petrochemical Corporation
TABLE 127 key Information – Merck KGaA
TABLE 128 Key Information – Shandong Xinhua Pharmaceutical Co., Ltd
TABLE 129 Key Information – Hefei TNJ Chemical Industry CO., LTD.
TABLE 130 Key Information – Siddharth Chiorochem Pvt. Ltd.
TABLE 131 Key Information – Avid Organics Pvt. Ltd.
TABLE 132 Key Information –Hebei Chengxin Co., Ltd.
TABLE 133 Key Information – Sancai Industry CO., LTD
TABLE 134 Key Information – Phibro Animal Health Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Glycolic Acid Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Glycolic Acid Market
FIG 4 Porter’s Five Forces Analysis – Glycolic Acid market
FIG 5 Europe Glycolic Acid Market share by Grade, 2022
FIG 6 Europe Glycolic Acid Market share by Grade, 2030
FIG 7 Europe Glycolic Acid Market by Grade, 2019 - 2030, USD Thousands
FIG 8 Europe Glycolic Acid Market share by Application, 2022
FIG 9 Europe Glycolic Acid Market share by Application, 2030
FIG 10 Europe Glycolic Acid Market by Application, 2019 - 2030, USD Thousands
FIG 11 Europe Glycolic Acid Market share by Country, 2022
FIG 12 Europe Glycolic Acid Market share by Country, 2030
FIG 13 Europe Glycolic Acid Market by Country, 2019 - 2030, USD Thousands
FIG 14 Swot Analysis: The Chemours Company
FIG 15 Swot Analysis: China Petrochemical Corporation
FIG 16 Swot Analysis: Merck KGaA