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Glyoxylic Acid Market - 37% of Growth to Originate from APAC| Driven by Growing Demand from Cosmetics Industry| 17000+ Technavio Reports

NEW YORK, April 13, 2022 /PRNewswire/ -- The "Glyoxylic Acid Market by End-user (Cosmetics and personal care, Pharmaceutical, Agrochemicals, Aromas, and Others) and Geography (North America, APAC, Europe, South America, and the Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 37% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for glyoxylic acid in APAC. Market growth in this region will be faster than the growth of the market in other regions. North America is another potential market for glyoxylic acid. An increase in the consumption of personal care products and cosmetics, the rising demand from households for cleaners, the requirement for glyoxylic acid in industrial applications, and the rising export of cosmetics will facilitate the glyoxylic acid market growth in North America over the forecast period. 

Attractive Opportunities in Glyoxylic Acid Market by End-user and Geography - Forecast and Analysis 2022-2026

The potential growth difference for the glyoxylic acid market between 2021 and 2026 is USD 246.38  million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market Driver -  The key factors driving the global glyoxylic acid market growth is the growing demand from the cosmetics industry. It is used as an ingredient in major products such as skincare, nail care, hair care, and men's care products. It offers many benefits to the skin, from rejuvenating to moisturizing. A lower percentage of glyoxylic acid is used in skincare, haircare, and nail care products. The global glyoxylic acid market is experiencing a lot of changes due to the variety of cosmetics and personal care products, rise in the standard of living, rapid urbanization, rise in demand from APAC, Latin America, and Middle East countries, demographic changes, increase in exports from mature markets, and rise in disposable income. All these factors will fuel the growth of the glyoxylic acid market during the forecast period.
  • Market Challenges - The key challenge to the global glyoxylic acid market growth is the increase in negative effects of glyoxylic acid leading to skin diseases. Lower concentration, i.e., less than 10% glyoxylic acid, is preferred in various cosmetics. A higher concentration of glyoxylic acid causes severe irritation, swelling, itching, and skin diseases. The major danger of using glyoxylic acid is that it can cause burning of the skin. In rare cases, it may lead to a change in skin tone. If glyoxylic acid is used properly, with adequate care and precaution, it provides a satisfactory result to skin problems like oily skin, acne, dry skin, and others. These side effects act as a barrier to glyoxylic acid use, which will hamper the growth of the glyoxylic acid market during the forecast period.

To learn about additional key drivers, trends, and challenges- Download our FREE Sample Report right now!

Segmentation Analysis:

The glyoxylic acid market report is segmented by End-user (Cosmetics and personal care, Pharmaceutical, Agrochemicals, Aromas, and Others) and Geography (North America, APAC, Europe, South America, and Middle East and Africa).  

Download our sample report for additional insights into the contribution of all the segments

Some Companies Mentioned:

The glyoxylic acid market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  •           
    • Akema Srl
    • Avid Organics
    • CABB Group GmbH
    • China Petrochemical Corp.
    • CrossChem SIA
    • Haihang Industry Co. Ltd.
    • Hefei TNJ Chemical Industry Co. Ltd.
    • Jiaxing Zhonghua Chemical Co. Ltd.
    • Mehul Dye Chem Industries
    • Merck KGaA
    • Parchem Fine and Specialty Chemicals
    • Phibro Animal Health Corp.
    • Saanvi Corp.
    • Shandong Xinhua Pharmaceutical Co.Ltd
    • STAN Chemical Co. Ltd.
    • The Chemours Co.
    • Water Chemical Co. Ltd.
    • WeylChem International GmbH
    • Zhonglan Industry Co. Ltd.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Glyoxylic Acid Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.59%

Market growth 2022-2026

USD 246.38 million

Market structure

Fragmented

YoY growth (%)

5.18

Performing market contribution

APAC at 37%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akema Srl, Avid Organics, CABB Group GmbH, China Petrochemical Corp., CrossChem SIA, Haihang Industry Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., Jiaxing Zhonghua Chemical Co. Ltd., Mehul Dye Chem Industries, Merck KGaA, Parchem Fine and Specialty Chemicals, Phibro Animal Health Corp., Saanvi Corp., Shandong Xinhua Pharmaceutical Co.Ltd, STAN Chemical Co. Ltd., The Chemours Co., Water Chemical Co. Ltd., WeylChem International GmbH, and Zhonglan Industry Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Cosmetics and personal care - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Cosmetics and personal care - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Cosmetics and personal care - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Cosmetics and personal care - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Cosmetics and personal care - Year-over-year growth 2021-2026 (%)
  • 5.4 Pharmaceutical - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Pharmaceutical - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Pharmaceutical - Year-over-year growth 2021-2026 (%)
  • 5.5 Agrochemicals - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Agrochemicals - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Agrochemicals - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Agrochemicals - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Agrochemicals - Year-over-year growth 2021-2026 (%)
  • 5.6 Aromas - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Aromas - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Aromas - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Aromas - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Aromas - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by End-user
    • Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 52: Chart on Geographic comparison
    • Exhibit 53: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 APAC - Market size and forecast 2021-2026
    • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 France - Market size and forecast 2021-2026
    • Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026
    • Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 97: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 99: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 100: Matrix on vendor position and classification
  • 10.3 Akema Srl
    • Exhibit 101: Akema Srl - Overview
    • Exhibit 102: Akema Srl - Product / Service
    • Exhibit 103: Akema Srl - Key offerings
  • 10.4 CABB Group GmbH
    • Exhibit 104: CABB Group GmbH - Overview
    • Exhibit 105: CABB Group GmbH - Product / Service
    • Exhibit 106: CABB Group GmbH - Key offerings
  • 10.5 CrossChem SIA
    • Exhibit 107: CrossChem SIA - Overview
    • Exhibit 108: CrossChem SIA - Product / Service
    • Exhibit 109: CrossChem SIA - Key offerings
  • 10.6 Haihang Industry Co. Ltd.
    • Exhibit 110: Haihang Industry Co. Ltd. - Overview
    • Exhibit 111: Haihang Industry Co. Ltd. - Product / Service
    • Exhibit 112: Haihang Industry Co. Ltd. - Key offerings
  • 10.7 Jiaxing Zhonghua Chemical Co. Ltd.
    • Exhibit 113: Jiaxing Zhonghua Chemical Co. Ltd. - Overview
    • Exhibit 114: Jiaxing Zhonghua Chemical Co. Ltd. - Product / Service
    • Exhibit 115: Jiaxing Zhonghua Chemical Co. Ltd. - Key offerings
  • 10.8 Merck KGaA
    • Exhibit 116: Merck KGaA - Overview
    • Exhibit 117: Merck KGaA - Business segments
    • Exhibit 118: Merck KGaA - Key news
    • Exhibit 119: Merck KGaA - Key offerings
    • Exhibit 120: Merck KGaA - Segment focus
  • 10.9 STAN Chemical Co. Ltd.
    • Exhibit 121: STAN Chemical Co. Ltd. - Overview
    • Exhibit 122: STAN Chemical Co. Ltd. - Product / Service
    • Exhibit 123: STAN Chemical Co. Ltd. - Key offerings
  • 10.10 The Chemours Co.
    • Exhibit 124: The Chemours Co. - Overview
    • Exhibit 125: The Chemours Co. - Business segments
    • Exhibit 126: The Chemours Co. - Key news
    • Exhibit 127: The Chemours Co. - Key offerings
    • Exhibit 128: The Chemours Co. - Segment focus
  • 10.11 WeylChem International GmbH
    • Exhibit 129: WeylChem International GmbH - Overview
    • Exhibit 130: WeylChem International GmbH - Business segments
    • Exhibit 131: WeylChem International GmbH - Key news
    • Exhibit 132: WeylChem International GmbH - Key offerings
    • Exhibit 133: WeylChem International GmbH - Segment focus
  • 10.12 Zhonglan Industry Co. Ltd.
    • Exhibit 134: Zhonglan Industry Co. Ltd. - Overview
    • Exhibit 135: Zhonglan Industry Co. Ltd. - Product / Service
    • Exhibit 136: Zhonglan Industry Co. Ltd. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 137: Inclusions checklist
    • Exhibit 138: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 139: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 140: Research methodology
    • Exhibit 141: Validation techniques employed for market sizing
    • Exhibit 142: Information sources
  • 11.5 List of abbreviations
    • Exhibit 143: List of abbreviations

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