Global Thioglycolic Acid Market Research Report – Forecast to 2023




Global Thioglycolic Acid Market Information: by Type (High Purity Grade, Low Purity Grade), Application (Cosmetics, Agrochemicals, Metals Recovery, Others), and Region – Global Forecast Till 2023
Market analysis

Thioglycolic acid or TGA is a kind of colorless liquid that can be mixed with the polar organic solvents. TGA is also known as mercaptoacetic acid (MAA). The higher demand for high-quality TGA could be seen in the leather processing chemicals, oilfield chemicals, and PVC heat stabilizer applications. Besides, its increasing demand in the beauty and personal care products divisions is probably going to increase the market development in the imminent years. Changing ways of life of the consumers and their recognitions towards individual prosperity is required to fuel the interest for TGA. The quick boom seen in the expendable income and demographics of these customers is foreseen to decidedly influence the market. The global thioglycolic acid market is anticipated to exhibit a growth rate of 3.8% CAGR from 2018- 2023 (forecast period).

Market segmentation

The global thioglycolic acid market is segmented on the basis of its type, application and regional demand. Based on its type, the global thioglycolic acid market is classified on the basis of low purity grade, technical grade, and high purity grade. On the basis of its applications, the global thioglycolic acid market is bifurcated into agrochemicals, oilfield chemicals, leather processing chemicals, PVC heat stabilizer, cleaning formulation, metals recovery, chain transfer agent, and others.

Regional analysis

Geographically, the global thioglycolic acid market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Qingdao LNT Chemical Co. Ltd. (China), Thermo Fisher Scientific, Inc. (U.S.), Arkema Inc. (France), and Tokyo Chemical Industry Co. Ltd. (Japan), Bruno Bock Chemische Fabrik GmbH & Co. KG (Germany), Daicel Corporation (Japan), Merck KGaA (Germany), among others are some of the major players in the global thioglycolic acid market.

Table of Contents

Table of Contents:

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers Impact Analysis
5.2.1 Increasing demand for thioglycolic acid in the cosmetics and personal care industry
5.2.2 Growing demand for thiochemicals in the oil & gas industry
5.3 Restraints Impact Analysis
5.3.1 Volatile raw material prices and toxicity concerns
5.4 Opportunities
5.4.1 Increasing demand for PVC thermal stabilizers
5.5 Trends
5.5.1 Growing preferences for bio-based alternatives
6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Material
6.1.2 Thioglycolic Acid Producers
6.1.3 Distributors
6.1.4 Application

6.2 Porter’s Five Forces Model
6.2.1 Threat of New Entrants
6.2.2 Threat of Rivalry
6.2.3 Threat of Substitutes
6.2.4 Bargaining Power of Suppliers
6.2.5 Bargaining Power of Buyers
7 Global Thioglycolic acid Market, by Type
7.1 Introduction
7.2 High Purity Grade
7.3 Low Purity Grade
7.4 Technical Grade
8 Global Thioglycolic Acid Market, by Application
8.1 Introduction
8.2 Cosmetics
8.3 PVC heat-stabilizer
8.4 Oilfield chemicals
8.5 Cleaning Formulations
8.6 Leather Processing Chemicals
8.7 Chain Transfer Agent
8.8 Metals Recovery
8.9 Agrochemicals
8.1 Others
9 Global Thioglycolic acid Market, by Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Spain
9.3.5 Italy
9.3.6 Russia
9.3.7 Poland
9.3.8 Benelux
9.3.9 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Mexico
9.5.3 Argentina
9.5.4 Rest of South America
9.6 The Middle East and Africa
9.6.1 G.C.C.
9.6.2 Turkey
9.6.3 South Africa
9.6.4 Rest of Middle East and Africa
10 Competitive Landscape
10.1 Competitive Landscape
10.1.1 Introduction
10.1.2 Key Development Analysis
10.1.3 List of Raw Material Suppliers
11 Company Profiles
11.1 Arkema
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategy

11.2 Merck KGaA
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offered
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategies
11.3 Thermo Fisher Scientific, Inc.
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products Offered
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategies
11.4 Daicel Corporation
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offered
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategy
11.5 Bruno Bock Chemische Fabrik GmbH & Co. KG
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offered
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Key Strategy
11.6 Tokyo Chemical Industry Co. Ltd.
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offered
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Key Strategy
11.7 Qingdao LNT Chemical Co., Ltd.
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products Offered
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Key Strategy
12 Conclusion

Additional information


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