Mandelic Acid Market Strategies and Share 2031
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.
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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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Mandelic Acid Market - By Type
1.3.2 Mandelic Acid Market - By Application
1.3.3 Mandelic Acid Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MANDELIC ACID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MANDELIC ACID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MANDELIC ACID MARKET - GLOBAL MARKET ANALYSIS
6.1. MANDELIC ACID - GLOBAL MARKET OVERVIEW
6.2. MANDELIC ACID - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MANDELIC ACID MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. DL-MANDELIC ACID
7.3.1. Overview
7.3.2. DL-Mandelic Acid Market Forecast and Analysis
7.4. D-MANDELIC ACID
7.4.1. Overview
7.4.2. D-Mandelic Acid Market Forecast and Analysis
7.5. L-MANDELIC ACID
7.5.1. Overview
7.5.2. L-Mandelic Acid Market Forecast and Analysis
8. MANDELIC ACID MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PHARMACEUTICALS
8.3.1. Overview
8.3.2. Pharmaceuticals Market Forecast and Analysis
8.4. COSMETICS
8.4.1. Overview
8.4.2. Cosmetics Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. MANDELIC ACID MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Mandelic Acid Market Overview
9.1.2 North America Mandelic Acid Market Forecasts and Analysis
9.1.3 North America Mandelic Acid Market Forecasts and Analysis - By Type
9.1.4 North America Mandelic Acid Market Forecasts and Analysis - By Application
9.1.5 North America Mandelic Acid Market Forecasts and Analysis - By Countries
9.1.5.1 United States Mandelic Acid Market
9.1.5.1.1 United States Mandelic Acid Market by Type
9.1.5.1.2 United States Mandelic Acid Market by Application
9.1.5.2 Canada Mandelic Acid Market
9.1.5.2.1 Canada Mandelic Acid Market by Type
9.1.5.2.2 Canada Mandelic Acid Market by Application
9.1.5.3 Mexico Mandelic Acid Market
9.1.5.3.1 Mexico Mandelic Acid Market by Type
9.1.5.3.2 Mexico Mandelic Acid Market by Application
9.2. EUROPE
9.2.1 Europe Mandelic Acid Market Overview
9.2.2 Europe Mandelic Acid Market Forecasts and Analysis
9.2.3 Europe Mandelic Acid Market Forecasts and Analysis - By Type
9.2.4 Europe Mandelic Acid Market Forecasts and Analysis - By Application
9.2.5 Europe Mandelic Acid Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Mandelic Acid Market
9.2.5.1.1 Germany Mandelic Acid Market by Type
9.2.5.1.2 Germany Mandelic Acid Market by Application
9.2.5.2 France Mandelic Acid Market
9.2.5.2.1 France Mandelic Acid Market by Type
9.2.5.2.2 France Mandelic Acid Market by Application
9.2.5.3 Italy Mandelic Acid Market
9.2.5.3.1 Italy Mandelic Acid Market by Type
9.2.5.3.2 Italy Mandelic Acid Market by Application
9.2.5.4 United Kingdom Mandelic Acid Market
9.2.5.4.1 United Kingdom Mandelic Acid Market by Type
9.2.5.4.2 United Kingdom Mandelic Acid Market by Application
9.2.5.5 Russia Mandelic Acid Market
9.2.5.5.1 Russia Mandelic Acid Market by Type
9.2.5.5.2 Russia Mandelic Acid Market by Application
9.2.5.6 Rest of Europe Mandelic Acid Market
9.2.5.6.1 Rest of Europe Mandelic Acid Market by Type
9.2.5.6.2 Rest of Europe Mandelic Acid Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Mandelic Acid Market Overview
9.3.2 Asia-Pacific Mandelic Acid Market Forecasts and Analysis
9.3.3 Asia-Pacific Mandelic Acid Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Mandelic Acid Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Mandelic Acid Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Mandelic Acid Market
9.3.5.1.1 Australia Mandelic Acid Market by Type
9.3.5.1.2 Australia Mandelic Acid Market by Application
9.3.5.2 China Mandelic Acid Market
9.3.5.2.1 China Mandelic Acid Market by Type
9.3.5.2.2 China Mandelic Acid Market by Application
9.3.5.3 India Mandelic Acid Market
9.3.5.3.1 India Mandelic Acid Market by Type
9.3.5.3.2 India Mandelic Acid Market by Application
9.3.5.4 Japan Mandelic Acid Market
9.3.5.4.1 Japan Mandelic Acid Market by Type
9.3.5.4.2 Japan Mandelic Acid Market by Application
9.3.5.5 South Korea Mandelic Acid Market
9.3.5.5.1 South Korea Mandelic Acid Market by Type
9.3.5.5.2 South Korea Mandelic Acid Market by Application
9.3.5.6 Rest of Asia-Pacific Mandelic Acid Market
9.3.5.6.1 Rest of Asia-Pacific Mandelic Acid Market by Type
9.3.5.6.2 Rest of Asia-Pacific Mandelic Acid Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Mandelic Acid Market Overview
9.4.2 Middle East and Africa Mandelic Acid Market Forecasts and Analysis
9.4.3 Middle East and Africa Mandelic Acid Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Mandelic Acid Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Mandelic Acid Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Mandelic Acid Market
9.4.5.1.1 South Africa Mandelic Acid Market by Type
9.4.5.1.2 South Africa Mandelic Acid Market by Application
9.4.5.2 Saudi Arabia Mandelic Acid Market
9.4.5.2.1 Saudi Arabia Mandelic Acid Market by Type
9.4.5.2.2 Saudi Arabia Mandelic Acid Market by Application
9.4.5.3 U.A.E Mandelic Acid Market
9.4.5.3.1 U.A.E Mandelic Acid Market by Type
9.4.5.3.2 U.A.E Mandelic Acid Market by Application
9.4.5.4 Rest of Middle East and Africa Mandelic Acid Market
9.4.5.4.1 Rest of Middle East and Africa Mandelic Acid Market by Type
9.4.5.4.2 Rest of Middle East and Africa Mandelic Acid Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Mandelic Acid Market Overview
9.5.2 South and Central America Mandelic Acid Market Forecasts and Analysis
9.5.3 South and Central America Mandelic Acid Market Forecasts and Analysis - By Type
9.5.4 South and Central America Mandelic Acid Market Forecasts and Analysis - By Application
9.5.5 South and Central America Mandelic Acid Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Mandelic Acid Market
9.5.5.1.1 Brazil Mandelic Acid Market by Type
9.5.5.1.2 Brazil Mandelic Acid Market by Application
9.5.5.2 Argentina Mandelic Acid Market
9.5.5.2.1 Argentina Mandelic Acid Market by Type
9.5.5.2.2 Argentina Mandelic Acid Market by Application
9.5.5.3 Rest of South and Central America Mandelic Acid Market
9.5.5.3.1 Rest of South and Central America Mandelic Acid Market by Type
9.5.5.3.2 Rest of South and Central America Mandelic Acid Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MANDELIC ACID MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. MERCK KGAA
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HANHONG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EVONIK
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ALFA AESAR
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CLEARSYNTH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BIOSYNTH CARBOSYNTH
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SANTA CRUZ BIOTECHNOLOGY, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. R. L. CHEMICAL INDUSTRIES
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. OTTO CHEMIE PVT. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. BASF SE
2. Merck KGaA
3. Hanhong
4. Evonik
5. Alfa Aesar
6. Clearsynth
7. Biosynth Carbosynth
8. Santa Cruz Biotechnology, Inc.
9. R. L. Chemical Industries
10. Otto Chemie Pvt. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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