Mandelic Acid Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Mandelic acid is naturally derived from bitter almonds. The different types of mandelic acid include DL-mandelic acid, D-mandelic acid, and L-mandelic acid. Mandelic acid peels are widely used for treating damaged skin. Mandelic acid accelerates cell turnover and functions as a powerful exfoliate to remove dead skin cells. Mandelic acid is used in the pharmaceutical industry as an antibacterial to treat urinary tract infections. Also, it acts as a precursor for making various drugs. Mandelic acid is also used as an oral antibiotic.

MARKET DYNAMICS

Mandelic acid is one of the beneficial ingredients in cosmetic products. The various benefits associated with the product usage such as promotes collagen production, gentle on the skin, accelerates cell turnover, etc., results in high product demand in cosmetics products. There is increasing use of mandelic acid in pharmaceutical products. However, mandelic acid in cosmetics products may cause negative effects in a small number of people.

MARKET SCOPE

The "Global Mandelic Acid Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the mandelic acid market with detailed market segmentation by type and application. The global mandelic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading mandelic acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global mandelic acid market is segmented into type and application. By type, the mandelic acid market is classified into DL-mandelic acid, D-mandelic acid, and L-mandelic acid. By application, the mandelic acid market is classified into pharmaceuticals, cosmetics, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global mandelic acid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South and Central America. The mandelic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the mandelic acid market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South and Central America, after evaluating political, economic, social, and technological factors affecting the mandelic acid market in these regions.

MARKET PLAYERS

The report covers vital developments in the mandelic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the mandelic acid market are anticipated to witness lucrative growth opportunities in the future with the rising demand for mandelic acid in the global market. Below mentioned is the list of few companies engaged in the mandelic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mandelic acid market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   BASF SE
  
•   Merck KGaA
  
•   Hanhong
  
•   Evonik
  
•   Alfa Aesar
  
•   Clearsynth
  
•   Biosynth Carbosynth
  
•   Santa Cruz Biotechnology, Inc.
  
•   R. L. Chemical Industries
  
•   Otto Chemie Pvt. Ltd.
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Mandelic Acid Report Scope