Table of Content - Thioglycolic Acid Market

Thioglycolic acid (TGA) also called Mercaptoacetic acid (MAA) is a high-performance chemical containing mercaptan and carboxylic acid functionalities.
TGA is completely miscible in water and in general polar organic solvents. TGA is a strong reducing agent especially at high pH and forms powerful complexes with metals that give it specific characteristics. This acid is used in industries and applications as diverse as cosmetics, oil and gas, polymerization, fine chemistry, leather processing, cleaning, and metals recovery. In organic synthesis, thioglycolic acid acts as a sulfur transfer agent for sulfonyl chloride synthesis and nucleophile in thioglycolysis reactions. Further, it is used in leather processing.

Market Dynamics

Increasing demand from oil & gas sector for corrosion inhibitor and flow stimulator is expected to bolster demand for thioglycolic acid in forecast period. The Bronsted acid characteristics of thioglycolic acid and its thiol functionality make it a chemical of choice for the preparation or regeneration of metal catalysts for hydrodesulphurization. The corrosion inhibition properties of thioglycolic acid make it the most used chemical for the oil & gas and several other industries. The application of thioglycolic acid in corrosion inhibition in suppressing or at least mitigating the corrosion process of metals in different fields, spanning from industrial sectors to construction materials to surface treatments for cultural heritage.

According to the report presented by Center for the Promotion of Imports Central Bureau of Investigation in March 2022, increasing disposable income in emerging economies such as Germany, China and India, demand is highest in the skin care, toiletries and hair care product categories thereby, positively impacting the thioglycolic acid demand growth. Cosmetics are skincare products to enhance the appearance or odor of the human body. The salts of thioglycolic acid and also some of its esters are used in the formulation of perms and for the preparation of depilatory creams. In these applications, the main salts are ammonium thioglycolate and potassium thioglycolate. In some applications, glycerol monothioglycolate is also used.

Key features of the study:

This report provides in-depth analysis of the thioglycolic acid market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global thioglycolic acid based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Arkema, Bruno Bock Chemische Fabrik GmbH & Co. KG, Daicel Corporation, Ever Flourish Chemical, HiMedia Laboratories, Merck Millipore, Qingdao LNT Chemical Co., Ltd., Ruchang Mining, Sasaki Chemical, Swan Chemical, Thermo Fisher Scientific, Inc., Tokyo Chemical Industry Co., Ltd., Innova Global (India), Triveni Aromatics And Perfumery Private Limited., and Vizag chemicals
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global thioglycolic acid market report caters to various stakeholders in this industry including investors, suppliers, cotton pad manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global thioglycolic acid market

Detailed Segmentation:

Global Thioglycolic acid Market, By Grade:
- High Purity Grade
- Low Purity Grade
- Technical Grade
Global Thioglycolic acid Market, By Application:
- Cosmetics
- Oil and Gas
- Plastics & Polymers Chemicals
- Leather Processing
- Cleaning Agents
- Others (Metal recovery, etc.)
Global Thioglycolic acid Market, By Region:
- North America
  - By Country:
    - U.S.
    - Canada
- Latin America
  - By Country:
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - By Country:
    - U.K.
    - Germany
    - France
    - Italy
    - Spain
    - Russia
    - Rest of Europe
- Asia Pacific
  - By Country:
    - China
    - India
    - Japan
    - ASEAN
    - South Korea
    - Australia
    - Rest of Asia Pacific
- Middle East
  - By Country:
    - GCC
    - Rest of Middle East
- Africa
  - By Country:
    - North Africa
    - Central Africa
    - South Africa
Company Profiles
- Arkema *
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Bruno Bock Chemische Fabrik GmbH & Co. KG
- Daicel Corporation
- Ever Flourish Chemical
- HiMedia Laboratories
- Merck Millipore
- Qingdao LNT Chemical Co., Ltd.
- Ruchang Mining
- Sasaki Chemical
- Swan Chemical
- Thermo Fisher Scientific, Inc.
- Tokyo Chemical Industry Co., Ltd.
- Innova Global (India)
- Triveni Aromatics and Perfumery Private Limited.
- Vizag chemicals

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Grade
  - Market Snippet, By Application
  - Market Snippet, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
    - Supply Side Drivers
    - Demand Side Drivers
    - Economic Drivers
  - Restraints
  - Market Opportunities
  - Regulatory Scenario
  - Industry Trend
  - Mergers and Acquisitions
  - New Product Approvals/Launch
  - Promotion and Marketing Initiatives
- Cost Tier Down Analysis
Global Thioglycolic Acid Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
Global Thioglycolic Acid Market, By Grade, 2022-2030 (US$ Million and Tons)
- Introduction
  - Market Share Analysis, 2022 and 2030
  - Y-o-Y Growth Analysis, 2022-2030(%)
  - Segment Trends
- High Purity Grade
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Low Purity Grade
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Technical Grade
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
Global Thioglycolic Acid Market, By Application, 2022-2030(US$ Million and Tons)
- Introduction
  - Market Share Analysis, 2022 and 2030
  - Y-o-Y Growth Analysis, 2022-2030(%)
  - Segment Trends
- Cosmetics
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Oil and Gas
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Plastic and Polymer Chemicals
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Leather Processing
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Cleaning Agents
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
Global Thioglycolic Acid Market, By Region, 2022-2030 (US$ Million and Tons)
- Introduction
  - Market Share Analysis, By Region, 2022 and 2030
  - Y-o-Y Growth Analysis, By Region, 2022-2030(%)
- North America
  - Market Share Analysis, By Country, 2022 and 2030
  - Y-o-Y Growth Analysis, By Country, 2022-2030(%)
    - U.S.
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Canada
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
- Europe
  - Market Share Analysis, By Country, 2022 and 2030
  - Y-o-Y Growth Analysis, By Country, 2022-2030(%)
    - U.K.
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Germany
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - France
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Italy
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Spain
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Russia
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Rest of Europe
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
- Asia Pacific
  - Market Share Analysis, By Country, 2022 and 2030
  - Y-o-Y Growth Analysis, By Country, 2022-2030(%)
    - China
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - India
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Japan
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - ASEAN
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Australia
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - South Korea
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Rest of Asia Pacific
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
- Latin America
  - Market Share Analysis, By Country, 2022 and 2030
  - Y-o-Y Growth Analysis, By Country, 2022-2030(%)
    - Brazil
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Mexico
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Argentina
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Rest of Latin America
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
- Middle East
  - Market Share Analysis, By Country, 2022 and 2030
  - Y-o-Y Growth Analysis, By Country, 2022-2030(%)
    - GCC
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Israel
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Rest of Middle East
      - Country Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
- Africa
  - Market Share Analysis, By Sub-region, 2022 and 2030
  - Y-o-Y Growth Analysis, By Sub-region, 2022-2030(%)
    - North Africa
      - Sub-region Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - Central Africa
      - Sub-region Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
    - South Africa
      - Sub-region Trends
      - Market Size and Forecast, By Grade, 2022-2030 (US$ Million and Tons)
      - Market Size and Forecast, By Application, 2022-2030 (US$ Million and Tons)
Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
  - Arkema
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Bruno Bock Chemische Fabrik GmbH & Co. KG
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Daicel Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Ever Flourish Chemical.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - HiMedia Laboratories
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Merck Millipore
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Qingdao LNT Chemical Co., Ltd
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Ruchang Mining
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Sasaki Chemical
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Swan Chemical
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Thermo Fisher Scientific, Inc
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Tokyo Chemical Industry Co., Ltd
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Innova Global (India)
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Triveni Aromatics and Perfumery Private Limited
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Vizag chemicals
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
Section
- References
- Research Methodology
- About us and Sales Contact

*Browse 24 market data tables and 28 figures on “Global Thioglycolic Acid Market” - Global Forecast to 2030

View Our Licence Options

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now
Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail
Request Discount