Lucintel's latest market report analyzed that alpha hydroxy acid provides attractive opportunities in the personal care industry. The alpha hydroxy acid market is expected to grow at a CAGR of 10%-11%. In this market, glycolic acid is the largest segment by product type, whereas skin care is largest by application.
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Based on product type, the alpha hydroxy acid market is segmented into glycolic acid, lactic acid, citric. The glycolic acid segment is accounted for the largest share of the market in 2020 due to increasing application scope in anti-ageing formulations to reduce wrinkles, fine lines, and freckles.
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The alpha hydroxy acid market is marked by the presence of several big and small players. Some of the prominent players offering alpha hydroxy acid include Crosschem, Mehul Dye Chem Industries, Ava Chemicals, Parchem, Dow, Dupont, H Plus Limited, Airedale Chemical Company Limited, Sculptra Aesthetics, Lotion crafter, Bulk Actives, and Tokyo Chemical Industry.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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