글리콜산 시장 보고서 : 공급원, 순도 레벨, 용도, 지역별(2025-2033년)

The global glycolic acid market size reached USD 483.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 822.4 Million by 2033, exhibiting a growth rate (CAGR) of 5.58% during 2025-2033. The market is experiencing a significant growth mainly driven by its rising usage in skincare, personal care and pharmaceutical sectors. Innovations in product formulations and a shift toward sustainable production methods are also contributing positively to the market growth.

The glycolic acid market is experiencing rapid growth because industries are recognizing the varied uses of this organic chemical on a larger scale. The textile industry is coming forth as a major driver for the glycolic acid sector. Glycolic acid is utilized in the finishing and dyeing operations of textiles to enhance the quality of fibers and improve the uptake of colorants. Textile producers are realizing the advantages of glycolic acid in enhanced productivity and improved fabric beauty. With the worldwide textile market continuing to focus on innovations, especially in developing nations, the need for glycolic acid is increasing. Producers are investigating new uses and teaming up with chemical firms to provide a consistent supply of glycolic acid. Additionally, construction and improvement activities are aimed at enhancing production techniques to suit rigid quality standards that are needed for cosmetic, pharmaceutical, and industrial use. Manufacturers are investing in new processing technology and ecofriendly manufacturing techniques to reduce environmental effects.

Glycolic Acid Market Trends:

Rising Product Demand in Skincare

Glycolic acid is gaining traction within the skincare industry, primarily due to its notable anti-aging and exfoliating properties. Its small molecular structure is allowing it to penetrate the skin deeply, thereby promoting effective cell turnover and unveiling fresher, more youthful-looking skin. This characteristic is establishing glycolic acid as a crucial ingredient in products designed to address fine lines, wrinkles, and hyperpigmentation concerns. People are consistently seeking skincare solutions that deliver visible improvements, which is sustaining strong demand for glycolic acid-based formulations. Its ability to gently exfoliate while enhancing skin texture without causing significant irritation is expanding its appeal across a wide range of skincare routines. For example, in February 2024, L'Oreal Paris introduced the Glycolic Bright Dark Circle Eye Serum, specifically developed for the Indian market. This innovative product claimed to reduce dark circles by 49% within two weeks, utilizing a formulation containing three percent glycolic acid, Vitamin CG, and Niacinamide. The inclusion of a unique triple bead applicator facilitated rapid absorption and providing an instant cooling effect.

Rising Focus on Sustainability

Within the glycolic acid market, companies are placing greater emphasis on sustainable and environment friendly production methods in response to mounting ecological concerns. Manufacturers are actively seeking ways to reduce their carbon footprint by adopting greener processes, which include sourcing renewable raw materials and minimizing production waste. This transition is being driven by the growing demand for products that align with sustainable values, as well as regulatory pressures mandating responsible manufacturing practices. As sustainability emerges as a key market differentiator, companies that invest in eco-friendly production technologies are positioning themselves to meet evolving market expectations and strengthen their competitive advantage. For instance, in 2025, Researchers from UNIST have created a novel technology that harnesses solar energy to generate ammonia and glycolic acid, crucial for cosmetics while removing carbon dioxide emissions.

Innovation in Formulations

Innovation in formulations remains a significant trend shaping the glycolic acid market, as companies continue to invest in enhancing the compound's performance, particularly within personal care and pharmaceutical applications. By developing advanced formulations, manufacturers are improving glycolic acid's effectiveness in addressing skincare concerns such as hyperpigmentation, acne, and signs of aging. Within the pharmaceutical sector, innovation is focusing on optimizing glycolic acid for drug delivery systems and producing high-purity, stable formulations that meet rigorous safety standards. These advancements are strengthening product efficacy and addressing the growing demand for safe and dependable solutions in skincare and dermatological treatments. Industry analysts are attributing this rising demand to heightened interest in targeted scalp care and anti-aging solutions for the scalp, which is further expanding the range of applications for glycolic acid. The IMARC Group predicts that the global haircare market is projected to reach USD 177.20 Billion by 2033.

Glycolic Acid Market Growth Drivers:

Increase in Consumer Understanding of Skincare Benefits

People are becoming increasingly educated about the advantages of active ingredients such as glycolic acid, driven by universal access to information from social media, beauty bloggers, internet forums, and dermatological consultations. Individuals are studying the science of skincare products and realizing how glycolic acid facilitates cell turnover, enhances the texture of the skin, and helps fight signs of aging. This growing consciousness is generating more informed end-user groups that actively pursue products with established actives. Companies are reacting by developing and launching new glycolic acid products to capitalize on the demand. Online forums and professional recommendations are further increasing information about effective use and safety, driving users to frequent usage. Therefore, the market is experiencing steady growth driven by individuals' desire to spend money on goods with well-articulated advantages.

Increasing Disposable Income and Lifestyle Changes

The growing disposable income in developing markets is enabling people to invest more into personal grooming and skincare routines. Increasing urban populations are creating changing lifestyles that demand more attention to appearance, wellness, and self-care routines. Individuals are adopting high-end beauty products and are willing to pay for formulas that provide specific improvements. This trend is driving the demand for high-performance skincare products with potent active ingredients such as glycolic acid. Moreover, the impact of international beauty trends and Western skincare regimens is influencing purchasing habits in emerging markets, with people increasingly experimenting with sophisticated exfoliants and anti-aging treatments. With increased discretionary spend, people are trying greater product ranges and opting for branded, dermatologist-recommended formulations, driving the market for glycolic acid products.

Expansion of E-commerce and Online Sales Channels

The accelerated expansion of internet retailing and e-commerce platforms is revolutionizing the way that people buy glycolic acid-based skincare and personal care products. Easy availability of international brands via online stores is opening up glycolic acid products to a broad base, even in remote or underdeveloped markets. Online channels are being used to browse, read reviews, and get customized recommendations, boosting confidence in buying innovative skincare solutions. Brands are cashing in on the trend by introducing exclusive online products, providing virtual consultations, and using influencer marketing to target new end-users. Subscription services and direct-to-consumer (D2C) models are making repeat purchases easy, again driving sales. As online shopping increasingly transforms the retail environment, the ease and scope of digital channels are becoming important factors in supporting the market growth.

Glycolic Acid Market Segmentation:

Breakup by Source:

• Synthetic
• Natural

Synthetic accounts for the majority of the market share

Synthetic glycolic acid accounts for the majority of the glycolic acid market share due to its consistent quality, scalability, and cost-effectiveness. The production process of synthetic glycolic acid allows for better control over purity levels and batch consistency, which is essential for its use in sensitive applications like cosmetics and pharmaceuticals. Additionally, the ability to produce synthetic glycolic acid on an industrial scale ensures a stable supply, making it more accessible and affordable compared to natural sources. According to the glycolic acid market forecast, the market is expected to experience significant growth over the coming years, driven by increasing demand in the personal care and pharmaceutical industries. As demand for glycolic acid continues to grow, particularly in the personal care industry, the preference for synthetic options remains strong, driven by these practical advantages.

Breakup by Purity Level:

• 99% Purity
• 70% Purity
• 60% Purity
• 30% Purity
• Others

99% Purity holds the largest share of the industry

According to glycolic acid market research report, glycolic acid with 99% purity holds the largest share of the industry due to its superior quality and effectiveness in various applications, particularly in the cosmetics and pharmaceutical sectors. This high-purity glycolic acid is essential for producing products that require precision and safety, such as skin peels, anti-aging treatments, and medicinal formulations. The 99% purity level ensures minimal impurities, which is critical for maintaining the efficacy and safety of these products, especially when applied to sensitive skin. Additionally, high-purity glycolic acid is preferred in industrial applications where consistent chemical performance is necessary. The dominance of this purity grade reflects the market's demand for reliable and high-quality ingredients in both consumer and industrial products. These attributes create a positive glycolic acid market outlook while driving the product demand across multiple industries, especially in sectors that prioritize high standards of quality and safety.

Breakup by Application:

• Personal Care and Cosmetics
• Household
• Textile
• Food Processing
• Pharmaceuticals
• Others

Personal Care and Cosmetics represents the leading market segment

According to glycolic acid market report, personal care and cosmetics represents the leading segment in the market due to its widespread use in skincare products, including exfoliants, chemical peels, and anti-aging treatments. Glycolic acid's ability to penetrate the skin deeply, remove dead cells, and promote collagen production makes it a preferred ingredient in various formulations. The demand for products that offer skin rejuvenation and improved texture is driving the growth of this segment. As consumers increasingly seek effective, science-backed skincare solutions, the role of glycolic acid in the cosmetics industry continues to expand, reinforcing its dominance in this market segment. For instance, in July 2024, Foxtale and Nykaa announced partnership to introduce a new line of body care products featuring glycolic acid. This collaboration aims to redefine body care by incorporating the exfoliating and brightening properties of glycolic acid while delivering a delightful sensory experience. The products, designed under the Brightening Range, promise to elevate skin tone and offer a lasting floral fragrance. These strategic efforts, particularly the introduction of new personal care and cosmetics products incorporating glycolic acid, are fueling the glycolic acid demand across the world. This trend underscores the increasing consumer preference for science-based skincare solutions that offer benefits like skin rejuvenation, brightening, and enhanced texture. As consumers continue to seek effective and innovative skincare options, the role of glycolic acid in these products is expanding, further driving its market growth.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

North America leads the market, accounting for the largest glycolic acid market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America represents the largest regional market for glycolic acid.

North America holds the largest share of the glycolic acid market, driven by its extensive application in the personal care and cosmetics industry. The region's demand is fueled by consumer preference for anti-aging products and chemical peels that utilize glycolic acid for skin rejuvenation. Additionally, the growing trend towards sustainable and bio-based chemicals in North America boosts the adoption of glycolic acid in various industries, including textiles and pharmaceuticals. According to the glycolic acid market overview, North America's market leadership is primarily driven by its extensive use of glycolic acid in the personal care and cosmetics industry, where the product is favored for its effectiveness in skincare formulations. The region's focus on innovations and product development, coupled with consumer demand for high-quality skincare solutions, further strengthens its market position. The robust presence of key manufacturers and advanced research and development activities solidify North America's dominant position in the global glycolic acid market. According to industry reports, glycolic acid has witnessed a significant increase in average monthly search volume, reaching 244.5K Google searches. With a year-over-year change of 10.5%, this uptick reflects the growing interest in glycolic acid as a prominent ingredient in skincare products. The report suggests that brands can benefit from incorporating glycolic acid into their formulations to meet the consumer demand for effective skincare solutions.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the glycolic acid industry include Avid Organics, CABB Group GmbH, China Petrochemical Corporation, CrossChem Limited, Mehul Dye Chem Industries, Merck KGaA, Parchem fine and specialty chemicals, The Chemours Company, Tokyo Chemical Industry Co. Ltd, Water Chemical Co. Ltd and Zhonglan Industry Co. Ltd.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• The glycolic acid market is characterized by intense competition due to the high demand for this compound across various industries, particularly in skincare, pharmaceuticals, and personal care. Glycolic acid companies are focusing on improving product purity and quality to cater to the growing consumer preference for effective and safe products. Innovation is a key competitive factor, with companies developing new formulations that enhance the efficacy of glycolic acid in various applications, such as anti-aging and exfoliation products. The market is also seeing a shift towards sustainable and eco-friendly production methods, which is becoming a significant differentiator among competitors. Additionally, price sensitivity and regulatory compliance are crucial, as companies strive to offer cost-effective solutions while meeting stringent safety standards. These strategic focuses, including innovation in product formulations, the shift towards sustainable production methods, and adherence to regulatory compliance, are expected to significantly boost glycolic acid market revenue in the coming future.

Key Questions Answered in This Report:

• How has the global glycolic acid market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global glycolic acid market?
• What is the impact of each driver, restraint, and opportunity on the global glycolic acid market?
• What are the key regional markets?
• Which countries represent the most attractive glycolic acid market?
• What is the breakup of the market based on the source?
• Which is the most attractive source in the glycolic acid market?
• What is the breakup of the market based on the purity level?
• Which is the most attractive purity level in the glycolic acid market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the glycolic acid market?
• What is the breakup of the market based on the region?
• Which is the most attractive region in the glycolic acid market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global glycolic acid market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Glycolic Acid Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Source

• 6.1 Synthetic
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Natural
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Purity Level

• 7.1 99% Purity
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 70% Purity
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 60% Purity
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 30% Purity
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Others
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast

8 Market Breakup by Application

• 8.1 Personal Care and Cosmetics
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Household
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Textile
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Food Processing
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Pharmaceuticals
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Others
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Avid Organics
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
  • 14.3.2 CABB Group GmbH
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 China Petrochemical Corporation
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 CrossChem Limited
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Mehul Dye Chem Industries
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Merck KGaA
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Parchem fine and specialty chemicals
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 The Chemours Company
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Tokyo Chemical Industry Co. Ltd
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Water Chemical Co. Ltd
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
  • 14.3.11 Zhonglan Industry Co. Ltd
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio