Introduction
Global Mandelic Acid Market, By Type (DL Mandelic Acid, L Mandelic Acid and D Mandelic Acid), Application (Pharmaceutical, Personal Care and Cosmetics and Others), End User Industry (Chemical and Petrochemical, Cosmetics, Food and Beverages, Healthcare and Other End user Industries), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Mandelic Acid Market Analysis/ Insight
Data Bridge Market Research analyses that the mandelic acid market will witness a CAGR of 15.10% for the forecast period of 2021-2028. Growth in the demand for mandelic acid especially in the developing economies like India and China, growing use of mandelic acid by a wide range of end user verticals such as chemical and petrochemical, cosmetics, food and beverages, healthcare and other end user industries, and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the mandelic acid market. Therefore, the mandelic acid market value, which was USD 200 million in 2020, would stand tall by USD 616.07 million by 2028.
Mandelic acid is a white crystalline solid that belongs to the group of alpha hydroxy acid. Mandelic acid is an aromatic compound that is extracted from bitter almonds and exhibits various medicinal properties and therefore is used as a drug and antimicrobial. Mandelic acid improves the appearance and overall skin texture.
Rise in demand for mandelic acid by the food and beverages industry is the root cause fuelling up the market growth rate. Rising application areas for mandelic acid such as in cosmetic products and growth and expansion of various end user verticals especially in the developing economies will also directly and positively impact the growth rate of the market. Boosting demand for polyester disperse dyes from textile and plastic industries and increased spending on the agrochemicals will further carve the way for the growth of the market.
However, insufficiency in raw material supply owing to the lockdown and fluctuations in their prices will pose a major challenge to the growth of the market. Side effects of mandelic acid in case of few individuals will dampen the market growth rate. Also rising labour costs will also impede the market growth rate.
This mandelic acid market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on mandelic acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Mandelic Acid Market Advertising Trends Segmentation
It is fragmented on the basis of type
Type
DL Mandelic Acid, L Mandelic Acid and D Mandelic Acid
Application
Pharmaceutical, Personal Care and Cosmetics and Others
End User
Chemical and Petrochemical, Cosmetics, Food and Beverages, Healthcare and Other End user Industries
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Mandelic Acid Market Industry Country Level Analysis
The mandelic acid market is analysed and market size, volume information is provided by country, type, application and end user industry as referenced above.
The countries covered in the mandelic acid market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Fibreglass Tank Markets Scope and Size
The mandelic acid market is segmented on the basis of type, application and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
Competitive Landscape
The mandelic acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mandelic acid market.
The major players covered in the mandelic acid market report are Evonik Industries AG, BASF SE, Hanhong Scientific, Merck KGaA, Alfa Aesar, Thermo Fisher Scientific Inc., CLEARSYNTH, Biosynth Carbosynth., Runder Pharmda Technology Co., Ltd., BIOTEC, Xinhai Technology Group CO., LTD., SMART Chemical Solutions., R. L. Chemical Industries., Hefei TNJ Chemical Industry Co., Ltd., Jiangxi Keyuan Biopharm Co., Ltd., TAIZHOU SHENGYU CHEMICAL CO.,LTD and Santa Cruz Biotechnology, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Major TOC of the Mandelic Acid Market Advertising Report
Chapter One: Introduction
Chapter Two: Market Analysis/Insights
Chapter Three: Advertising Trend Segmentation
Chapter Four: Industry Country Level Analysis
Chapter Five: Market Scope and Size
Chapter Six: Competitive Landscape
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The global Malic Acid Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the malic acid market include Bartek, Changmao Biochmical Engineering, Fuso Chemicals, Isegen, Jinhu Lile Biotechnology, MC Food Specialties, Polynt, Sealong Biotechnology, Tate & Lyle, Thirumalai Chemicals, Yongson Chemicals, and others.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Malic Acid Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/malic-acid-market/download-sampleMarket Dynamics Rising demand from the food and beverage industry where it is used as a preservative is likely to support market growth.
On the other hand, rising use of the substitute product like citric acid across the food and beverage industry is likely to hamper the market growth.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
