The Latin America, Middle East and Africa Glycolic Acid Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 9,262.8 tonnes, showcasing a growth of 8.6% (2023-2030).
Innovations in skincare formulations include advanced delivery systems for glycolic acid. Nanotechnology and encapsulation techniques enhance glycolic acid’s stability and penetration into the skin. This allows for controlled release, improved efficacy, and reduced potential for skin irritation. Advanced delivery systems contribute to the development of user-friendly and efficient skincare products. Innovations in skincare formulations include advanced delivery systems for glycolic acid. Nanotechnology and encapsulation techniques enhance glycolic acid’s stability and penetration into the skin. This allows for controlled release, improved efficacy, and reduced potential for skin irritation. Advanced delivery systems contribute to the development of user-friendly and efficient skincare products.
Researchers are exploring innovative biomedical applications of glycolic acid. This consists of its integration into biocompatible materials for drug delivery systems and tissue engineering. The unique properties of glycolic acid make it a promising candidate for improving the performance, biodegradability, and compatibility of implants and drug carriers in the biomedical field. The adoption of green chemistry principles in the production of glycolic acid represents an innovative approach. Sustainable and environmentally friendly manufacturing processes are being explored to minimize the ecological impact of glycolic acid production. This includes reducing waste, energy consumption, and hazardous chemicals.
It is well-known for its exfoliating and skin-renewing properties in South Africa. Its incorporation into skincare products, such as cleansers, toners, serums, and peels, can contribute to the growth of the skincare and cosmetics industry in South Africa. It is commonly used in professional dermatological treatments, such as chemical peels in South Africa. The availability of dermatological procedures involving glycolic acid may contribute to the growth of the professional skincare services sector in South Africa. Its versatility extends to industrial applications, including metal cleaning, water treatment, and corrosion inhibition in South Africa. Adopting glycolic acid in industrial processes can enhance efficiency and sustainability, contributing to industrial growth in South Africa. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Glycolic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,695.9 Thousands by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.4% during (2023 - 2030).
Free Valuable Insights: The Worldwide Glycolic Acid Market is Projected to reach USD 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 3 LAMEA Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 4 LAMEA Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 5 LAMEA Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 6 LAMEA Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 7 LAMEA Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 8 LAMEA Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 9 LAMEA Technical Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 10 LAMEA Technical Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 11 LAMEA Technical Grade Market by Country, 2019 - 2022, Tonnes
TABLE 12 LAMEA Technical Grade Market by Country, 2023 - 2030, Tonnes
TABLE 13 LAMEA Cosmetic Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 14 LAMEA Cosmetic Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 15 LAMEA Cosmetic Grade Market by Country, 2019 - 2022, Tonnes
TABLE 16 LAMEA Cosmetic Grade Market by Country, 2023 - 2030, Tonnes
TABLE 17 LAMEA Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 18 LAMEA Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 19 LAMEA Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 20 LAMEA Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 21 LAMEA Personal Care & Dermatology Market by Country, 2019 - 2022, USD Thousands
TABLE 22 LAMEA Personal Care & Dermatology Market by Country, 2023 - 2030, USD Thousands
TABLE 23 LAMEA Personal Care & Dermatology Market by Country, 2019 - 2022, Tonnes
TABLE 24 LAMEA Personal Care & Dermatology Market by Country, 2023 - 2030, Tonnes
TABLE 25 LAMEA Industrial Market by Country, 2019 - 2022, USD Thousands
TABLE 26 LAMEA Industrial Market by Country, 2023 - 2030, USD Thousands
TABLE 27 LAMEA Industrial Market by Country, 2019 - 2022, Tonnes
TABLE 28 LAMEA Industrial Market by Country, 2023 - 2030, Tonnes
TABLE 29 LAMEA Household Market by Country, 2019 - 2022, USD Thousands
TABLE 30 LAMEA Household Market by Country, 2023 - 2030, USD Thousands
TABLE 31 LAMEA Household Market by Country, 2019 - 2022, Tonnes
TABLE 32 LAMEA Household Market by Country, 2023 - 2030, Tonnes
TABLE 33 LAMEA Others Market by Country, 2019 - 2022, USD Thousands
TABLE 34 LAMEA Others Market by Country, 2023 - 2030, USD Thousands
TABLE 35 LAMEA Others Market by Country, 2019 - 2022, Tonnes
TABLE 36 LAMEA Others Market by Country, 2023 - 2030, Tonnes
TABLE 37 LAMEA Glycolic Acid Market by Country, 2019 - 2022, USD Thousands
TABLE 38 LAMEA Glycolic Acid Market by Country, 2023 - 2030, USD Thousands
TABLE 39 LAMEA Glycolic Acid Market by Country, 2019 - 2022, Tonnes
TABLE 40 LAMEA Glycolic Acid Market by Country, 2023 - 2030, Tonnes
TABLE 41 Brazil Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 42 Brazil Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 43 Brazil Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 44 Brazil Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 45 Brazil Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 46 Brazil Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 47 Brazil Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 48 Brazil Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 49 Brazil Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 50 Brazil Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 51 Brazil Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 52 Brazil Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 53 Argentina Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 54 Argentina Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 55 Argentina Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 56 Argentina Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 57 Argentina Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 58 Argentina Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 59 Argentina Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 60 Argentina Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 61 Argentina Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 62 Argentina Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 63 Argentina Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 64 Argentina Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 65 UAE Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 66 UAE Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 67 UAE Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 68 UAE Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 69 UAE Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 70 UAE Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 71 UAE Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 72 UAE Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 73 UAE Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 74 UAE Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 75 UAE Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 76 UAE Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 77 Saudi Arabia Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 78 Saudi Arabia Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 79 Saudi Arabia Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 80 Saudi Arabia Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 81 Saudi Arabia Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 82 Saudi Arabia Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 83 Saudi Arabia Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 84 Saudi Arabia Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 85 Saudi Arabia Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 86 Saudi Arabia Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 87 Saudi Arabia Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 88 Saudi Arabia Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 89 South Africa Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 90 South Africa Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 91 South Africa Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 92 South Africa Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 93 South Africa Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 94 South Africa Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 95 South Africa Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 96 South Africa Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 97 South Africa Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 98 South Africa Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 99 South Africa Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 100 South Africa Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 101 Nigeria Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 102 Nigeria Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 103 Nigeria Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 104 Nigeria Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 105 Nigeria Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 106 Nigeria Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 107 Nigeria Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 108 Nigeria Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 109 Nigeria Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 110 Nigeria Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 111 Nigeria Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 112 Nigeria Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 113 Rest of LAMEA Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 114 Rest of LAMEA Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 115 Rest of LAMEA Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 116 Rest of LAMEA Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 117 Rest of LAMEA Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 118 Rest of LAMEA Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 119 Rest of LAMEA Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 120 Rest of LAMEA Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 121 Rest of LAMEA Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 122 Rest of LAMEA Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 123 Rest of LAMEA Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 124 Rest of LAMEA 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 LAMEA 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 LAMEA Glycolic Acid Market share by Grade, 2022
FIG 6 LAMEA Glycolic Acid Market share by Grade, 2030
FIG 7 LAMEA Glycolic Acid Market by Grade, 2019 - 2030, USD Thousands
FIG 8 LAMEA Glycolic Acid Market share by Application, 2022
FIG 9 LAMEA Glycolic Acid Market share by Application, 2030
FIG 10 LAMEA Glycolic Acid Market by Application, 2019 - 2030, USD Thousands
FIG 11 LAMEA Glycolic Acid Market share by Country, 2022
FIG 12 LAMEA Glycolic Acid Market share by Country, 2030
FIG 13 LAMEA 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