Global Market Research Reports : Ken Research: Global Mandelic Acid Market Growth

Tuesday, February 8, 2022

Global Mandelic Acid Market Industry Analysis & Size

Mandelic acid is an aromatic alpha hydroxy acid (AHA) with the molecular formula C6H5CHCO2H. It is a useful precursor to various drugs. Mandelic acid is also used to exfoliate the skin. It's used to treat acne, hyperpigmentation, and aging skin. The global mandelic acid market is projected to grow at a compound annual growth rate (CAGR) of 6.4% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global mandelic acid market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, company share of market leaders, growth rate and market segments.

The ‘Global Mandelic Acid Market 2021-2027’ is segmented on the basis of application, and region. The mandelic acid market is segmented as below:

By Application:

- Dyes

- Pharmaceuticals

- Cosmetics

By Region:

- Asia-Pacific

- Europe

- North America

- Middle East and Africa (MEA)

- South America

The market research report covers the analysis of key stake holders of the mandelic acid market. Some of the leading players profiled in the report include BASF SE, Evonik Industries AG, Jiangxi Keyuan Biological Co., Ltd., Nanchang Xinggan Sci-tech Industrial Co., Ltd., Shijiazhuang Hanhong Chemical Co., Ltd., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

- To analyze and forecast the market size of the global mandelic acid market.

- To classify and forecast the global mandelic acid market based on application, and region.

- To identify drivers and challenges for the global mandelic acid market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the ‘Global Mandelic Acid Market’.

- To conduct pricing analysis for the global mandelic acid market.

- To identify and analyze the profile of leading players operating in the global mandelic acid market.

For More Information, refer to below link:-

Global Mandelic Acid Market Share 2021-2027

Global Valeraldehyde (Pentanaldehyde, CAS 110-62-3) Market Outlook 2018-2023

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Wednesday, February 2, 2022

Global Mandelic Acid Market Types and End Users 2027

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Mandelic acid is an aromatic alpha hydroxy acid (AHA) with the molecular formula C6H5CHCO2H. It is a beneficial precursor to several drugs. Mandelic acid is also utilized to exfoliate the skin. It's utilized to cure acne, hyperpigmentation, and aging skin.

According to the report analysis, ‘Global Mandelic Acid Market, 2021-2027’ states that BASF SE, Evonik Industries AG, Jiangxi Keyuan Biological Co., Ltd., Nanchang Xinggan Sci-tech Industrial Co., Ltd., Shijiazhuang Hanhong Chemical Co., Ltd., among others are the foremost entities which presently operating in the global mandelic acid market more actively for ruling around the globe, obtaining the competitive edge, registering the highest value of market share, keep maintaining the governing position, generating the highest percentage of revenue, and leading the highest market growth by spreading the awareness connected to the applications and advantages of mandelic acid, implementing the policies and strategies of expansion, increasing the features and benefits of mandelic acid, improving the qualitative and quantitative measures of such, analysing the strategies and policies of government as well as contenders, establishing the several research and development programs and delivering the better customer satisfaction.

Mandelic acid advances the appearance of skin, as it possesses antibacterial and antimicrobial properties. It encounters consumer requirement for personal care products, as it supports in the removal of dead skin, repairing of damaged skin, treating freckles, and improving an anti-aging approach. Thus, growth in consumer requirement for personal care products is boosting the need for mandelic acid.

Mandelic acid is utilized as one of the foremost raw materials in dye and pigment manufacturing in the textile industry. Growth in production and distribution of textiles is boosting the requirement for mandelic acid. Mandelic acid is utilized in the production of fine chemical reagents, which are utilized in several industries comprising electronics throughout the manufacturing procedure. The effective augment in advancement of electronic products is propelling the ‘Global Mandelic Acid Market’.

Increasing consumer concern in personal care is growing the requirement for mandelic acid. This is one of the aspects that propel the requirement for mandelic acid during the review period.

Region wise, the requirement for the North America mandelic acid market is projected to develop due to an augment in the aging tendency of human and associated EPA's approval to utilize it as a drug and cream ingredient. The growth in drug shedding and the popularity of pharmaceutical products are predicted to favor the Europe mandelic acid market.

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Not only has this, requirement for mandelic acid is projected to rise in North America owing to augment in advancements in the pharmaceuticals & drug manufacturing industry. Implementation of personal care products due to growing consumer concern about hygiene, skincare, and hair care is estimated to boost the mandelic acid market in Europe. Dye intermediates utilized in the textile industry entails mandelic acid. Hence, enlargement of the textile industry in Asia Pacific is projected to propel the market in the region. Therefore, it is predicted that during the near future the market of mandelic acid will increase around the globe more efficiently over the forthcoming years.