Global Mercaptoacetic Acid Market Growth 2019-2024

Published On: Mar 2019

Format: PDF

Publisher: LP infomation

Pages: 132

Report ID: 237312

Mercaptoacetic Acid, also known as thioglycolic acid (TGA) is a clear, combustible liquid which oxidizes in air to form disulfides and an unpleasant odor. Mercaptoacetic acid consists of thiol or mercaptan and carboxylic acid.

Mercaptoacetic Acid was first developed in the early 1940s by Dr. Ralph Evans in Hoboken, New Jersey, as an active material for cold wave permanents.

Mercaptoacetic acid or thioglycolic acid is primarily used in hair care products for straightening or waving hair and as depilatory (hair removal) chemical. Mercaptoacetic acid is also used as a chemical intermediate for mercaptan chemicals such as ammonium thioglycolate, sodium thioglycolate and calcium thioglycolate. Furthermore, mercaptoacetic acid is used for preparing thioglycolic broth as a media for microbiological cultures. Additionally, with emergence, awareness and popularity of fashion trends people are experimenting and using more hair care products such as hair removal chemicals, hair straightening and hair waving products. Mercaptoacetic acid is widely used for body hair removal by salons, beauty parlors, hospitals (for surgery) and households among others.
For industry structure analysis, the Mercaptoacetic Acid is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry.
Europe occupied 32.02% of the sales market in 2016. It is followed by North America, which respectively have around 29.18% of the global total industry.
For price trend analysis, a key variable in the performance of Mercaptoacetic Acid producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

According to this study, over the next five years the Mercaptoacetic Acid market will register a 1.5% CAGR in terms of revenue, the global market size will reach US$ 300 million by 2024, from US$ 270 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Mercaptoacetic Acid business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Mercaptoacetic Acid market by product type, application, key manufacturers and key regions and countries.

This study considers the Mercaptoacetic Acid value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Purity Grade ( ≥99%)
Technical Grade ( 80%-99%)
Low Purity Grade ( <80%)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hair Careand & Cosmetic Product
Chemical Intermediate
Pharmaceuticals
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Arkema
Bruno Bock
Merck
Sasaki Chemical
Daicel
Ever Flourish Chemical
Swan Chemical
Ruchang Mining
QingDao Lnt
HiMedia Laboratories

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Mercaptoacetic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Mercaptoacetic Acid market by identifying its various subsegments.
Focuses on the key global Mercaptoacetic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Mercaptoacetic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Mercaptoacetic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Mercaptoacetic Acid Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Mercaptoacetic Acid Consumption 2014-2024
2.1.2 Mercaptoacetic Acid Consumption CAGR by Region
2.2 Mercaptoacetic Acid Segment by Type
2.2.1 High Purity Grade ( ≥99%)
2.2.2 Technical Grade ( 80%-99%)
2.2.3 Low Purity Grade ( <80%)
2.3 Mercaptoacetic Acid Consumption by Type
2.3.1 Global Mercaptoacetic Acid Consumption Market Share by Type (2014-2019)
2.3.2 Global Mercaptoacetic Acid Revenue and Market Share by Type (2014-2019)
2.3.3 Global Mercaptoacetic Acid Sale Price by Type (2014-2019)
2.4 Mercaptoacetic Acid Segment by Application
2.4.1 Hair Careand & Cosmetic Product
2.4.2 Chemical Intermediate
2.4.3 Pharmaceuticals
2.4.4 Others
2.5 Mercaptoacetic Acid Consumption by Application
2.5.1 Global Mercaptoacetic Acid Consumption Market Share by Application (2014-2019)
2.5.2 Global Mercaptoacetic Acid Value and Market Share by Application (2014-2019)
2.5.3 Global Mercaptoacetic Acid Sale Price by Application (2014-2019)

3 Global Mercaptoacetic Acid by Players
3.1 Global Mercaptoacetic Acid Sales Market Share by Players
3.1.1 Global Mercaptoacetic Acid Sales by Players (2017-2019)
3.1.2 Global Mercaptoacetic Acid Sales Market Share by Players (2017-2019)
3.2 Global Mercaptoacetic Acid Revenue Market Share by Players
3.2.1 Global Mercaptoacetic Acid Revenue by Players (2017-2019)
3.2.2 Global Mercaptoacetic Acid Revenue Market Share by Players (2017-2019)
3.3 Global Mercaptoacetic Acid Sale Price by Players
3.4 Global Mercaptoacetic Acid Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Mercaptoacetic Acid Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Mercaptoacetic Acid Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Mercaptoacetic Acid by Regions
4.1 Mercaptoacetic Acid by Regions
4.1.1 Global Mercaptoacetic Acid Consumption by Regions
4.1.2 Global Mercaptoacetic Acid Value by Regions
4.2 Americas Mercaptoacetic Acid Consumption Growth
4.3 APAC Mercaptoacetic Acid Consumption Growth
4.4 Europe Mercaptoacetic Acid Consumption Growth
4.5 Middle East & Africa Mercaptoacetic Acid Consumption Growth

5 Americas
5.1 Americas Mercaptoacetic Acid Consumption by Countries
5.1.1 Americas Mercaptoacetic Acid Consumption by Countries (2014-2019)
5.1.2 Americas Mercaptoacetic Acid Value by Countries (2014-2019)
5.2 Americas Mercaptoacetic Acid Consumption by Type
5.3 Americas Mercaptoacetic Acid Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Mercaptoacetic Acid Consumption by Countries
6.1.1 APAC Mercaptoacetic Acid Consumption by Countries (2014-2019)
6.1.2 APAC Mercaptoacetic Acid Value by Countries (2014-2019)
6.2 APAC Mercaptoacetic Acid Consumption by Type
6.3 APAC Mercaptoacetic Acid Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Mercaptoacetic Acid by Countries
7.1.1 Europe Mercaptoacetic Acid Consumption by Countries (2014-2019)
7.1.2 Europe Mercaptoacetic Acid Value by Countries (2014-2019)
7.2 Europe Mercaptoacetic Acid Consumption by Type
7.3 Europe Mercaptoacetic Acid Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Mercaptoacetic Acid by Countries
8.1.1 Middle East & Africa Mercaptoacetic Acid Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Mercaptoacetic Acid Value by Countries (2014-2019)
8.2 Middle East & Africa Mercaptoacetic Acid Consumption by Type
8.3 Middle East & Africa Mercaptoacetic Acid Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Mercaptoacetic Acid Distributors
10.3 Mercaptoacetic Acid Customer

11 Global Mercaptoacetic Acid Market Forecast
11.1 Global Mercaptoacetic Acid Consumption Forecast (2019-2024)
11.2 Global Mercaptoacetic Acid Forecast by Regions
11.2.1 Global Mercaptoacetic Acid Forecast by Regions (2019-2024)
11.2.2 Global Mercaptoacetic Acid Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Mercaptoacetic Acid Forecast by Type
11.8 Global Mercaptoacetic Acid Forecast by Application

12 Key Players Analysis
12.1 Arkema
12.1.1 Company Details
12.1.2 Mercaptoacetic Acid Product Offered
12.1.3 Arkema Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Arkema News
12.2 Bruno Bock
12.2.1 Company Details
12.2.2 Mercaptoacetic Acid Product Offered
12.2.3 Bruno Bock Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Bruno Bock News
12.3 Merck
12.3.1 Company Details
12.3.2 Mercaptoacetic Acid Product Offered
12.3.3 Merck Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Merck News
12.4 Sasaki Chemical
12.4.1 Company Details
12.4.2 Mercaptoacetic Acid Product Offered
12.4.3 Sasaki Chemical Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Sasaki Chemical News
12.5 Daicel
12.5.1 Company Details
12.5.2 Mercaptoacetic Acid Product Offered
12.5.3 Daicel Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Daicel News
12.6 Ever Flourish Chemical
12.6.1 Company Details
12.6.2 Mercaptoacetic Acid Product Offered
12.6.3 Ever Flourish Chemical Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Ever Flourish Chemical News
12.7 Swan Chemical
12.7.1 Company Details
12.7.2 Mercaptoacetic Acid Product Offered
12.7.3 Swan Chemical Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Swan Chemical News
12.8 Ruchang Mining
12.8.1 Company Details
12.8.2 Mercaptoacetic Acid Product Offered
12.8.3 Ruchang Mining Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Ruchang Mining News
12.9 QingDao Lnt
12.9.1 Company Details
12.9.2 Mercaptoacetic Acid Product Offered
12.9.3 QingDao Lnt Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 QingDao Lnt News
12.10 HiMedia Laboratories
12.10.1 Company Details
12.10.2 Mercaptoacetic Acid Product Offered
12.10.3 HiMedia Laboratories Mercaptoacetic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 HiMedia Laboratories News

13 Research Findings and Conclusion