The latest report titled “Glycolic Acid Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Glycolic Acid.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Glycolic Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Glycolic Acid Production Process:
- From Monochloroacetic Acid with Sodium Hydroxide: This report presents the detailed production methodology and cost analysis of Glycolic Acid industrial production across Glycolic Acid manufacturing plants. The manufacturing process commences by subjecting monochloroacetic acid to hydrolysis using sodium hydroxide. The reaction takes place within a controlled temperature range of 90-130 °C, leading to the creation of a mixture comprising glycolic acid and sodium chloride. The formed salt is subsequently treated through evaporation concentration to eliminate it. This is followed by an acid extraction step conducted in the presence of acetone. This particular process yields glycolic acid as the final product.
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Product Definition:
Glycolic acid is a naturally occurring organic acid and the smallest member of the alpha-hydroxy acid (AHA) family. With the chemical formula C2H4O3, it is derived from sugarcane, grapes, and various fruits. Known for its small molecular size, glycolic acid is widely utilized in skincare and cosmetic products due to its excellent exfoliating properties. It effectively removes dead skin cells, unclogs pores, and stimulates collagen production, promoting smoother and more radiant skin. Glycolic acid is also employed in chemical peels, addressing issues like hyperpigmentation, acne, and fine lines. Its water-soluble nature enhances its penetration into the skin, making it a popular ingredient in dermatological formulations for improving skin texture and appearance.
Market Drivers:
Glycolic acid’s market is propelled by the growing demand in skincare and cosmetic industries. As a key ingredient in various formulations, its excellent exfoliating properties drive its use in anti-aging and skin rejuvenation products. The rising consumer awareness regarding skincare and the pursuit of youthful appearance contribute to the market growth. Additionally, glycolic acid’s effectiveness in treating skin issues like hyperpigmentation, acne, and uneven texture fuels its demand. The expanding cosmetic industry, coupled with advancements in dermatological formulations, further boosts its market. Moreover, the increasing preference for natural and organic skincare products aligns with glycolic acid’s derivation from fruits, enhancing its market prominence. As the beauty and personal care industry continues to thrive globally, the demand for glycolic acid is anticipated to remain robust.
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