The North America Glycolic Acid Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 20,705.1 tonnes, showcasing a growth of 5.5% (2019-2022).
The cosmetics and skincare industry has been an early and enthusiastic adopter of glycolic acid. The compound’s exfoliating properties and ability to promote cell turnover and collagen synthesis make it a sought-after ingredient in many skincare products. Consumers are increasingly seeking science-backed solutions for their beauty routines, driving the demand for products containing glycolic acid. As the awareness of the benefits of glycolic acid in addressing various skin concerns grows, its adoption in cosmetics and skincare is likely to continue expanding.
In the medical and pharmaceutical sectors, glycolic acid has found significant adoption for its dermatological applications. Dermatologists commonly use glycolic acid to treat acne, hyperpigmentation, and scars. Its role in promoting skin rejuvenation and enhancing the effectiveness of certain pharmaceutical formulations has contributed to its widespread adoption in the medical field. The versatility of glycolic acid in addressing various skin issues makes it a valuable tool for healthcare professionals, further solidifying its adoption.
The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. E-commerce platforms make skincare products, including those with glycolic acid, easily accessible to consumers across Mexico. Mexican consumers can explore a variety of glycolic acid formulations, including cleansers, serums, creams, and masks, providing them with choices that suit their specific skincare needs. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Glycolic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $104,499.4 Thousands by 2030. The Canada market is experiencing a CAGR of 8.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.6% during (2023 - 2030).
Free Valuable Insights: The Glycolic Acid Market is Predict to reach $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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 2 North America Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 3 North America Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 4 North America Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 5 North America Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 6 North America Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 7 North America Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 8 North America Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 9 North America Technical Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 10 North America Technical Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 11 North America Technical Grade Market by Country, 2019 - 2022, Tonnes
TABLE 12 North America Technical Grade Market by Country, 2023 - 2030, Tonnes
TABLE 13 North America Cosmetic Grade Market by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Cosmetic Grade Market by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Cosmetic Grade Market by Country, 2019 - 2022, Tonnes
TABLE 16 North America Cosmetic Grade Market by Country, 2023 - 2030, Tonnes
TABLE 17 North America Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 18 North America Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 19 North America Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 20 North America Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 21 North America Personal Care & Dermatology Market by Country, 2019 - 2022, USD Thousands
TABLE 22 North America Personal Care & Dermatology Market by Country, 2023 - 2030, USD Thousands
TABLE 23 North America Personal Care & Dermatology Market by Country, 2019 - 2022, Tonnes
TABLE 24 North America Personal Care & Dermatology Market by Country, 2023 - 2030, Tonnes
TABLE 25 North America Industrial Market by Country, 2019 - 2022, USD Thousands
TABLE 26 North America Industrial Market by Country, 2023 - 2030, USD Thousands
TABLE 27 North America Industrial Market by Country, 2019 - 2022, Tonnes
TABLE 28 North America Industrial Market by Country, 2023 - 2030, Tonnes
TABLE 29 North America Household Market by Country, 2019 - 2022, USD Thousands
TABLE 30 North America Household Market by Country, 2023 - 2030, USD Thousands
TABLE 31 North America Household Market by Country, 2019 - 2022, Tonnes
TABLE 32 North America Household Market by Country, 2023 - 2030, Tonnes
TABLE 33 North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 34 North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 35 North America Others Market by Country, 2019 - 2022, Tonnes
TABLE 36 North America Others Market by Country, 2023 - 2030, Tonnes
TABLE 37 North America Glycolic Acid Market by Country, 2019 - 2022, USD Thousands
TABLE 38 North America Glycolic Acid Market by Country, 2023 - 2030, USD Thousands
TABLE 39 North America Glycolic Acid Market by Country, 2019 - 2022, Tonnes
TABLE 40 North America Glycolic Acid Market by Country, 2023 - 2030, Tonnes
TABLE 41 US Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 42 US Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 43 US Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 44 US Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 45 US Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 46 US Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 47 US Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 48 US Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 49 US Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 50 US Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 51 US Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 52 US Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 53 Canada Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 54 Canada Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 55 Canada Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 56 Canada Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 57 Canada Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 58 Canada Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 59 Canada Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 60 Canada Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 61 Canada Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 62 Canada Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 63 Canada Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 64 Canada Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 65 Mexico Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 66 Mexico Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 67 Mexico Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 68 Mexico Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 69 Mexico Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 70 Mexico Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 71 Mexico Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 72 Mexico Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 73 Mexico Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 74 Mexico Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 75 Mexico Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 76 Mexico Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 77 Rest of North America Glycolic Acid Market, 2019 - 2022, USD Thousands
TABLE 78 Rest of North America Glycolic Acid Market, 2023 - 2030, USD Thousands
TABLE 79 Rest of North America Glycolic Acid Market, 2019 - 2022, Tonnes
TABLE 80 Rest of North America Glycolic Acid Market, 2023 - 2030, Tonnes
TABLE 81 Rest of North America Glycolic Acid Market by Grade, 2019 - 2022, USD Thousands
TABLE 82 Rest of North America Glycolic Acid Market by Grade, 2023 - 2030, USD Thousands
TABLE 83 Rest of North America Glycolic Acid Market by Grade, 2019 - 2022, Tonnes
TABLE 84 Rest of North America Glycolic Acid Market by Grade, 2023 - 2030, Tonnes
TABLE 85 Rest of North America Glycolic Acid Market by Application, 2019 - 2022, USD Thousands
TABLE 86 Rest of North America Glycolic Acid Market by Application, 2023 - 2030, USD Thousands
TABLE 87 Rest of North America Glycolic Acid Market by Application, 2019 - 2022, Tonnes
TABLE 88 Rest of North America Glycolic Acid Market by Application, 2023 - 2030, Tonnes
TABLE 89 Key Information – The Chemours Company
TABLE 90 Key Information – China Petrochemical Corporation
TABLE 91 key Information – Merck KGaA
TABLE 92 Key Information – Shandong Xinhua Pharmaceutical Co., Ltd
TABLE 93 Key Information – Hefei TNJ Chemical Industry CO., LTD.
TABLE 94 Key Information – Siddharth Chiorochem Pvt. Ltd.
TABLE 95 Key Information – Avid Organics Pvt. Ltd.
TABLE 96 Key Information –Hebei Chengxin Co., Ltd.
TABLE 97 Key Information – Sancai Industry CO., LTD
TABLE 98 Key Information – Phibro Animal Health Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Glycolic Acid Market share by Grade, 2022
FIG 6 North America Glycolic Acid Market share by Grade, 2030
FIG 7 North America Glycolic Acid Market by Grade, 2019 - 2030, USD Thousands
FIG 8 North America Glycolic Acid Market share by Application, 2022
FIG 9 North America Glycolic Acid Market share by Application, 2030
FIG 10 North America Glycolic Acid Market by Application, 2019 - 2030, USD Thousands
FIG 11 North America Glycolic Acid Market share by Country, 2022
FIG 12 North America Glycolic Acid Market share by Country, 2030
FIG 13 North America 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