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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.
Market Analysis and Insights: Global Mercaptoacetic Acid Market
The global Mercaptoacetic Acid market was valued at US$ 284.3 in 2020 and will reach US$ 303.6 million by the end of 2027, growing at a CAGR of 1.1% during 2022-2027.
Global Mercaptoacetic Acid Scope and Market Size
The global Mercaptoacetic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Mercaptoacetic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
High Purity Grade ( ≥99%)
Technical Grade ( 80%-99%)
Low Purity Grade ( <80%)
Segment by Application
Hair Careand & Cosmetic Product
Chemical Intermediate
Pharmaceuticals
Others
The Mercaptoacetic Acid market is analysed and market size information is provided by regions (countries). Segment by Application, the Mercaptoacetic Acid market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Arkema
Bruno Bock
Merck
Sasaki Chemical
Daicel
Ever Flourish Chemical
Swan Chemical
Ruchang Mining
QingDao Lnt
HiMedia Laboratories
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.
Market Analysis and Insights: Global Mercaptoacetic Acid Market
The global Mercaptoacetic Acid market was valued at US$ 284.3 in 2020 and will reach US$ 303.6 million by the end of 2027, growing at a CAGR of 1.1% during 2022-2027.
Global Mercaptoacetic Acid Scope and Market Size
The global Mercaptoacetic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Mercaptoacetic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
High Purity Grade ( ≥99%)
Technical Grade ( 80%-99%)
Low Purity Grade ( <80%)
Segment by Application
Hair Careand & Cosmetic Product
Chemical Intermediate
Pharmaceuticals
Others
The Mercaptoacetic Acid market is analysed and market size information is provided by regions (countries). Segment by Application, the Mercaptoacetic Acid market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Arkema
Bruno Bock
Merck
Sasaki Chemical
Daicel
Ever Flourish Chemical
Swan Chemical
Ruchang Mining
QingDao Lnt
HiMedia Laboratories
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