Glycolic Acid Market Size To Reach $734.6 Million By 2030

Glycolic Acid Market Growth & Trends

The global glycolic acid market size is estimated to reach USD 734.6 million by 2030, registering a CAGR of 7.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing use of the product in various applications including personal care and household is expected to drive demand. The product is extensively used in the manufacturing of cleaning agent formulations as well as skin care creams, thus promoting its growth.

The personal care segment dominated the of glycolic acid industry and held the largest revenue share, driven by increasing use of the product in cosmeceutical preparations such as skin creams, lotions for treatment of blackheads, acne face lines and the treatment of oiliness. In addition, the demand for glycolic acid based skin peels for face cleansing is expected to bolster the demand over the forecast period.

Growing use of the product in shampoo formulations for treatment of dandruff and hair conditioning is expected to augment demand over the projected period. However, availability of alternate products such as salicylic acid coupled with stringent regulations by bodies such as Food and Drug Administration (FDA) limiting the concentration of glycolic acid in personal care products is expected to restrain growth.

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Glycolic Acid Market Report Highlights

• The personal care application segment dominated the market by capturing 66.7% of the market share in 2024, driven by increasing awareness about self-care and the availability of products aligning with dermatological requirements.

• By grade, the cosmetic segment dominated the industry by capturing 64.7% share in 2024, driven by its widespread use in skincare products such as chemical peels, anti-aging creams, exfoliants, and acne treatments.

• The technical grade segment is primarily driven by its applications in industrial cleaning, metal surface treatment, and oil & gas descaling.

• Asia Pacific dominated the market and accounted for the largest revenue share of 38.3% in 2024.

Glycolic Acid Market Segmentation

Grand View Research has segmented the global glycolic acid market on the basis of grade, application, and region:

Glycolic Acid Grade Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• Cosmetic

• Technical

Glycolic Acid Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• Personal Care

• Household

• Construction

• Industrial

• Others

Glycolic Acid Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

List of Key Players in the Glycolic Acid Market

• PureTech Scientific Inc.

• CABB Chemicals

• CrossChem Limited

• Nikko Chemicals

• Avid Organics Pvt. Ltd.

• Mehul Dye Chem Industries

• Kanto Chemical Co., Inc.

• Junsei Chemical Co., Ltd.

• Kishida Chemical Co., Ltd.

• Fengchen Group Co., Ltd.

• BASF SE