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The global glycolic acid market size is estimated to grow by USD 186.6 million between 2023 and 2028, exhibiting a CAGR of 8.77%. Glycolic acid is an alpha-hydroxy acid (AHA), which is colorless, odorless, and highly soluble in alcohol. It is also derived from fruit and milk sugars. It is synthesized from ethylene glycol-oxidizing microorganisms. Due to its distinctive properties, it is used in various applications, such as in textiles as a dyeing and tanning agent, in food processing as a flavoring agent and as a preservative, and in personal care and cosmetics. The growth of the market depends on several factors such as the growing demand from the cosmetics industry, the rising demand from the polyglycolic acid industry, and the growing demand in oil and refining industries.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Grade Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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