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With a projected CAGR of 14.5% from 2024–2031, the global malonic acid market was worth more than USD 196 million in 2023. Forecasted expansion in the business is driven by rising demand for the product from the pharmaceutical industry for drug synthesis and increasing product use across numerous industries.
A growing number of programs in a wide variety of industries have begun using malonic acid, which is clearly replacing alpha hydroxy acid (AHA). Its gentle exfoliating properties make it a highly sought-after ingredient in anti-aging creams, serums, and chemical peels in the cosmetics and skin care industries. Clients looking for powerful yet moderate skincare treatments have discovered its popularity due to its ability to encourage skin renewal and improve texture without causing severe inflammation. In addition, pharmaceutical companies and research institutions have begun using mandelic acid for its antibacterial properties. Because of its antibacterial and anti-inflammatory properties, it is used in the treatment of several skin disorders, including zits. Another area where it may find use is in the treatment of UTIs.
The growing need for eco-friendly and sustainable products is another factor driving the mandelic acid market. In keeping with the increasing demand for environmentally conscious products, mandelic acid is biodegradable and made using environmentally friendly and sustainable methods. When contrasted with other AHAs, such as glycolic and lactic acid, the mandelic acid market is quite narrow. However, its specific properties and expanding applications in skincare, medicine, and other fields continue to fuel its global expansion.
A comprehensive and expertly crafted research study of the chemical and materials sector, the "Global Mandelic Acid Market Analysis to 2031" looks closely at the worldwide market trends for this specific acid. A comprehensive analysis of the mandelic acid market, broken down by product type and end use, is the goal of this research. Over the next few years, the worldwide market for mandelic acid is predicted to experience significant expansion. Key statistics on the market status of the top companies in the mandelic acid industry are provided in the study, along with important market trends and opportunities.
A detrimental impact of the COVID-19 pandemic has been felt by credit portfolios. The massive expansion has disrupted economic activity and made consumers and businesses less solvent. Reducing interest rates and launching asset purchase programs are two examples of the proactive monetary policies employed by central banks. It was already difficult enough to manage and monitor operational risk, liquidity, credit, and markets across financial markets in the midst of ongoing geopolitical tensions, worldwide trade wars, and occasional storms and earthquakes. The current pandemic crisis has forced chief risk officers and their teams to reassess the assumptions and procedures that have been utilized to manage and monitor risk in the past. The importance of connectedness in international cooperation has been highlighted by the worldwide implications of COVID-19. Consequently, numerous governments are in a rush to discover, evaluate, and purchase reliable AI-powered solutions.
The rising popularity of skin care products containing Mandelic acid was one of the most notable trends. Thanks in large part to a rising demand for products with exfoliating and anti-aging properties, consumers have been paying more attention to their skin fitness. Mandelic acid is being used in various cleansers, serums, and lotions due to its mild exfoliating properties. Mandelic acid sales were down as a result of the growing interest in natural and organic ingredients in personal care products. In response to consumer demand, companies began offering items that boasted the all-natural origin of Mandelic acid, which is often sourced from almonds.
Five main regions have been identified for the Global Mandelic Acid Market: North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. Market acceptability is on the rise, which is driving demand for Mandelic Acid. The growing pharmaceutical industry in North America drove the region's dominance in the Mandelic Acid market. Medications with anti-inflammatory and antibacterial properties are among the many pharmacological active components made from this substance. Investments in the pharmaceutical sector and continuous advancements in the production of active pharmaceutical medications are expected to support the development of the mandelic acid market. During the projected period, the Asia Pacific region is expected to exhibit a higher compound annual growth rate (CAGR). Demand for water treatment and paper production is on the rise in Canada, making it a major market in North America.
Report Coverage
Global Mandelic Acid research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Mandelic Acid report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Mandelic Acid competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Mandelic Acid market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Mandelic Acid market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Mandelic Acid market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Clariant, Sigma-Aldrich (now part of MilliporeSigma, a division of Merck), Spectrum Chemicals, Alfa Aesar (now part of Thermo Fisher Scientific), Avantor, Synerzine, Guangzhou Tinci Materials Technology Co., Ltd., Anhui Sunsing Chemicals Co., Ltd., MP Biomedicals, Neostar United Industrial Co., Ltd., Hangzhou DayangChem Co. Ltd., Wuhan Waking Lion Chemicals Co., Ltd., Haihang Industry Co., Ltd., Shanghai Ruizheng Chemical Technology Co., Ltd., Haihang Industry Co., Ltd., Parchem Fine & Specialty Chemicals, Finetech Industry Limited, Toronto Research Chemicals, Pure Chemistry Scientific, Jiangsu Jurong Chemical Process Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Mandelic Acid market based on the below-mentioned segments:
Global Mandelic Acid Market, By Type
DL mandelic Acid
L Mandelic Acid
D Mandelic Acid
Global Mandelic Acid market, By Application
Pharmaceutical
Personal care & cosmetics
Others (Textile & Dye Intermediate, Fine chemical reagent)
Global Mandelic Acid market, Regional Analysis
A growing number of programs in a wide variety of industries have begun using malonic acid, which is clearly replacing alpha hydroxy acid (AHA). Its gentle exfoliating properties make it a highly sought-after ingredient in anti-aging creams, serums, and chemical peels in the cosmetics and skin care industries. Clients looking for powerful yet moderate skincare treatments have discovered its popularity due to its ability to encourage skin renewal and improve texture without causing severe inflammation. In addition, pharmaceutical companies and research institutions have begun using mandelic acid for its antibacterial properties. Because of its antibacterial and anti-inflammatory properties, it is used in the treatment of several skin disorders, including zits. Another area where it may find use is in the treatment of UTIs.
The growing need for eco-friendly and sustainable products is another factor driving the mandelic acid market. In keeping with the increasing demand for environmentally conscious products, mandelic acid is biodegradable and made using environmentally friendly and sustainable methods. When contrasted with other AHAs, such as glycolic and lactic acid, the mandelic acid market is quite narrow. However, its specific properties and expanding applications in skincare, medicine, and other fields continue to fuel its global expansion.
A comprehensive and expertly crafted research study of the chemical and materials sector, the "Global Mandelic Acid Market Analysis to 2031" looks closely at the worldwide market trends for this specific acid. A comprehensive analysis of the mandelic acid market, broken down by product type and end use, is the goal of this research. Over the next few years, the worldwide market for mandelic acid is predicted to experience significant expansion. Key statistics on the market status of the top companies in the mandelic acid industry are provided in the study, along with important market trends and opportunities.
A detrimental impact of the COVID-19 pandemic has been felt by credit portfolios. The massive expansion has disrupted economic activity and made consumers and businesses less solvent. Reducing interest rates and launching asset purchase programs are two examples of the proactive monetary policies employed by central banks. It was already difficult enough to manage and monitor operational risk, liquidity, credit, and markets across financial markets in the midst of ongoing geopolitical tensions, worldwide trade wars, and occasional storms and earthquakes. The current pandemic crisis has forced chief risk officers and their teams to reassess the assumptions and procedures that have been utilized to manage and monitor risk in the past. The importance of connectedness in international cooperation has been highlighted by the worldwide implications of COVID-19. Consequently, numerous governments are in a rush to discover, evaluate, and purchase reliable AI-powered solutions.
The rising popularity of skin care products containing Mandelic acid was one of the most notable trends. Thanks in large part to a rising demand for products with exfoliating and anti-aging properties, consumers have been paying more attention to their skin fitness. Mandelic acid is being used in various cleansers, serums, and lotions due to its mild exfoliating properties. Mandelic acid sales were down as a result of the growing interest in natural and organic ingredients in personal care products. In response to consumer demand, companies began offering items that boasted the all-natural origin of Mandelic acid, which is often sourced from almonds.
Five main regions have been identified for the Global Mandelic Acid Market: North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. Market acceptability is on the rise, which is driving demand for Mandelic Acid. The growing pharmaceutical industry in North America drove the region's dominance in the Mandelic Acid market. Medications with anti-inflammatory and antibacterial properties are among the many pharmacological active components made from this substance. Investments in the pharmaceutical sector and continuous advancements in the production of active pharmaceutical medications are expected to support the development of the mandelic acid market. During the projected period, the Asia Pacific region is expected to exhibit a higher compound annual growth rate (CAGR). Demand for water treatment and paper production is on the rise in Canada, making it a major market in North America.
Report Coverage
Global Mandelic Acid research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Mandelic Acid report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Mandelic Acid competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Mandelic Acid market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Clariant, Sigma-Aldrich (now part of MilliporeSigma, a division of Merck), Spectrum Chemicals, Alfa Aesar (now part of Thermo Fisher Scientific), Avantor, Synerzine, Guangzhou Tinci Materials Technology Co., Ltd., Anhui Sunsing Chemicals Co., Ltd., MP Biomedicals, Neostar United Industrial Co., Ltd., Hangzhou DayangChem Co. Ltd., Wuhan Waking Lion Chemicals Co., Ltd., Haihang Industry Co., Ltd., Shanghai Ruizheng Chemical Technology Co., Ltd., Haihang Industry Co., Ltd., Parchem Fine & Specialty Chemicals, Finetech Industry Limited, Toronto Research Chemicals, Pure Chemistry Scientific, Jiangsu Jurong Chemical Process Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Mandelic Acid Market from 2021 to 2031.
- Market Forecast for Mandelic Acid Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Mandelic Acid competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Mandelic Acid
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Mandelic Acid market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Mandelic Acid market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Clariant, Sigma-Aldrich (now part of MilliporeSigma, a division of Merck), Spectrum Chemicals, Alfa Aesar (now part of Thermo Fisher Scientific), Avantor, Synerzine, Guangzhou Tinci Materials Technology Co., Ltd., Anhui Sunsing Chemicals Co., Ltd., MP Biomedicals, Neostar United Industrial Co., Ltd., Hangzhou DayangChem Co. Ltd., Wuhan Waking Lion Chemicals Co., Ltd., Haihang Industry Co., Ltd., Shanghai Ruizheng Chemical Technology Co., Ltd., Haihang Industry Co., Ltd., Parchem Fine & Specialty Chemicals, Finetech Industry Limited, Toronto Research Chemicals, Pure Chemistry Scientific, Jiangsu Jurong Chemical Process Co., Ltd.
Primary Target Market
- Market Players of Mandelic Acid
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Mandelic Acid market based on the below-mentioned segments:
Global Mandelic Acid Market, By Type
DL mandelic Acid
L Mandelic Acid
D Mandelic Acid
Global Mandelic Acid market, By Application
Pharmaceutical
Personal care & cosmetics
Others (Textile & Dye Intermediate, Fine chemical reagent)
Global Mandelic Acid market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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