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Ammonium Thioglycolate Market
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Ammonium Thioglycolate Market

Author: Vineet Pandey - Business Consultant, Report ID - DS1309044, Published - January 2025

Segmented in Application (Personal Care Industry, Textile Industry, Leather Industry, Others), End-User (Hair Stylists, Clothing Manufacturers, Leather Product Manufacturers), Concentration, Functionality and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Ammonium Thioglycolate Market Outlook

The market, for Ammonium thioglycolate was estimated at $289.3 million in 2024; and it is anticipated to increase to $385.5 million by 2030 with projections indicating a growth to around $489.6 million by 2035. This expansion represents a compound annual growth rate (CAGR) of 4.9% over the forecast period.

The Ammonium Thioglycolate market has experienced growth due to strong market trends and its increasing relevance in various industries. Key drivers of this growth include advancements in technology and growing demand in sectors supported by favorable regulatory conditions that have collectively contributed to a substantial increase, in market reach. Additionally manufacturers are actively engaged in research and development to uncover applications further driving the markets expansion and underscoring the importance of Ammonium Thioglycolate.


Ammonium Thioglycolate is a compound known for its distinct properties and wide applications in various industries like grooming products for hair care and textile processing as well as in photography products due to its effectiveness and cost effectiveness. Recent trends indicate a growing demand for this compound due to advancements, in optimizing its formula and the popularity of personal care items containing it.


Market Size Forecast & Key Insights

2019
$289M2024
2029
$466M2034

Absolute Growth Opportunity = $177M

The Ammonium Thioglycolate market is projected to grow from $289.3 million in 2024 to $466 million in 2034. This represents a CAGR of 4.9%, reflecting rising demand across Hair Perming, Tanning Agents and Depilatory Creams.

The Ammonium Thioglycolate market is set to add $177 million between 2024 and 2034, with manufacturer targeting Textile Industry & Leather Industry Application projected to gain a larger market share.

With Increased demand in hair care products, and Advancements in textile industry, Ammonium Thioglycolate market to expand 61% between 2024 and 2034.

Opportunities in the Ammonium Thioglycolate Market

Role in Skin Treatment Formulations

Ammonium Thioglycolate is effective as an agent for treating different skin issues like rough skin and acne which is great news, for people who are mindful of their health and prefer dermatologist recommended products.

Application in Hair Care Products and Untapped Potential in Emerging Markets

The beauty industry is always on the lookout for ingredients to improve hair health and enhance beauty treatments effectively. One popular ingredient that stands out is Ammonium Thioglycolate which plays a role in hair perming and straightening processes. There is still much to explore about its use in this field. It shows promising potential for growth due to the rising demand, for high quality hair care products.

India and Brazil offer potential for the growth of Ammonium Thioglycolate due to the rising disposable income and mounting demand for personal care items in these regions markets. Particularly, in hair care and skincare products.

Growth Opportunities in North America and Europe

Europe Outlook

Europe predominantly uses Ammonium Thioglycolate in textile and leather processing due to its significance in the regions high end fashion and leather industry market opportunities shared with strong local and global rivals who compete within the same space as well as the increasing emphasis on sustainable fashion that promotes eco friendly materials and non toxic substances in manufacturing practices driving the demand, for Ammonium Thioglycolate.

North America Outlook

North America is known for its usage of Ammonium Thioglycolate due to the thriving Cosmetics and Personal Care industry in the region. The popularity of Ammonium Thioglycolate in North America mainly stems from its use in hair products for perming and relaxing purposes. However the region faces competition from both local and international manufacturers. The increasing focus on chemistry practices that advocate for the use of eco friendly and less harmful chemicals is driving the demand, for Ammonium Thioglycolate in this region.

North America Outlook

North America is known for its usage of Ammonium Thioglycolate due to the thriving Cosmetics and Personal Care industry in the region. The popularity of Ammonium Thioglycolate in North America mainly stems from its use in hair products for perming and relaxing purposes. However the region faces competition from both local and international manufacturers. The increasing focus on chemistry practices that advocate for the use of eco friendly and less harmful chemicals is driving the demand, for Ammonium Thioglycolate in this region.

Europe Outlook

Europe predominantly uses Ammonium Thioglycolate in textile and leather processing due to its significance in the regions high end fashion and leather industry market opportunities shared with strong local and global rivals who compete within the same space as well as the increasing emphasis on sustainable fashion that promotes eco friendly materials and non toxic substances in manufacturing practices driving the demand, for Ammonium Thioglycolate.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, Germany, China, Japan, India are expected to grow at 3.4% to 4.5% CAGR

2

Emerging Markets : Brazil, Malaysia, South Africa are expected to grow at 5.4% to 6.9% CAGR

Market Analysis Chart

Having a grasp of the factors that influence the market and its limitations is crucial when evaluating the future prospects of Ammonium Thioglycolate product usage. An important factor that drives the market is the expansion in the personal care sector. Because it plays a role in hair perm solutions the demand for Ammonium Thioglycolate is expected to increase steadily. Additionally the flourishing hair care industry, boosted by growing consumer knowledge, about hair treatments serves as another driving force.

Recent Developments and Technological Advancement

December 2024

LOreal, the known beauty company unveiled a line of hair perm products that heavily utilize Ammonium Thioglycolate for their exceptional results.

October 2024

Sigma Aldrich Corporation introduced a method for producing Ammonium Thioglycolate with a focus on its use, in both agrochemical and pharmaceutical industries.

July 2024

One of the providers of Ammonium Thioglycolate is BASL. They expanded their production facilities to keep up with the increasing demand.

Ammonium Thioglycolate is widely known for its role, as a reducing agent and is commonly used in the hairdressing industry for creating permanent wave solutions that have brought significant innovation to the world of haircare.

Impact of Industry Transitions on the Ammonium Thioglycolate Market

As a core segment of the Specialty Chemicals industry, the Ammonium Thioglycolate market develops in line with broader industry shifts. Over recent years, transitions such as Transition to Sustainable Productions and Expanding Market Reach with E-commerce have redefined priorities across the Specialty Chemicals sector, influencing how the Ammonium Thioglycolate market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Transition to Sustainable Productions:

Ammonium Thioglycolate plays a role in various sectors like cosmetics and textiles as well as the paper industry. Many industries are turning to Ammonium Thioglycolate in their quest for sustainability due, to its yet powerful properties. One notable impact of this compound can be seen in the cosmetics sector where hair care companies are striving to offer more gentle treatments to their clientele. Ammonium Thioglycolate plays a role in perm solutions or hair relaxants by providing a gentler option compared to other chemical treatments available in the market today. The shift towards practices is enabling industries to achieve a balance between operational efficiency and environmental stewardship placing Ammonium Thioglycolate at the forefront of this movement, towards eco friendliness.

2

Expanding Market Reach with E-commerce:

Given the increase of internet based shopping and the expanded accessibility of retail platforms businesses, within sectors that utilize Ammonium Thioglycolate are capitalizing on this shift to tap into international markets.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Specialty Chemicals industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Specialty Chemicals industry cascade into the Ammonium Thioglycolate market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Increased Demand in Hair Care Products

Ammonium thioglycolate is also an ingredient widely used in hair care products for procedures like hair waving and straightening treatments as well as relaxing hair treatments too! With the increasing focus on personal grooming and the rising demand for professional hair products these days ammonium thioglycolate is also considered a significant factor driving the market forward by leaps and bounds! As more people across the world are also choosing salon quality treatments to use at home its no surprise that products with ammonium thioglycolate are also expected to see a big boost in sales soon! This shift in consumer preferences is also set to have also an impact on the market for ammonium thioglycolate paving the way, for its growth ahead!.
The textile sector has also experienced a rise in the utilization of ammonium thioglycolate specifically as a reducing agent in the cold pad batch bleaching method. Advancements in textile processing technology and the push for eco practices have also boosted the requirement for this chemical compound. The ongoing progress and creativity, within the textile industry are also expected to propel the market for ammonium forward especially in areas that prioritize high quality and sustainable manufacturing techniques.

Restraint: Regulatory Environment Constraints

Government agencies around the world are closely. Imposing strict regulations on the use of chemicals in everyday products like cosmetics and hair care items which is affecting the market for Ammonium Thioglycolate used in hair treatments like curlers and straighteners. The need to protect consumers from health risks is prompting companies to reformulate their products without this ingredient. This shift is causing a slowdown, in market expansion and altering demand patterns within the industry significantly.

Challenge: Increased Focus on Natural and Organic Products

In times as consumer preferences evolve towards natural and organic personal care items have changed the landscape for chemical based products like those with Ammonium Thioglycolate leading to a decrease in demand for them. Consumers are now better informed. Tend to carefully examine product ingredients while opting for holistic options free, from harmful chemicals.

Supply Chain Landscape

Raw Material Suppliers

BASF

Dow Chemicals

Intermediate Product Manufacturers

Arkema Group

Eastman Chemical Company

Producers
Sakamoto Yakuhin Kogyo / Bruno Bock
End-User Industry
Cosmetics / Leather Tanning / Textile Industry
Raw Material Suppliers

BASF

Dow Chemicals

Intermediate Product Manufacturers

Arkema Group

Eastman Chemical Company

Producers

Sakamoto Yakuhin Kogyo

Bruno Bock

End-User Industry

Cosmetics

Leather Tanning

Textile Industry

Banner LogoBanner Logo

Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Hair Perm Solution
Cosmetics
Avlon Industries Inc.
Innovative product development and comprehensive distribution networks
Leather Processing
Textile and Leather
TFL
Strong focus on environmental responsibility in manufacturing processes
Sample Preparation in Biological Research
Biomedical and Biotechnology
Sigma-Aldrich
Providing high-quality, reliable products to ensure scientific research accuracy and consistency
Photographic Fixer
Photography
Eastman Kodak Company
Continuous improvement and innovation in photographic film technology

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Ammonium Thioglycolate market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Ammonium Thioglycolate in Tanning Agents, Depilatory Creams and Hair Perming

Tanning Agents

The leather industry commonly uses Ammonium Thioglycolate as a tanning agent to treat hides before tanning process starts to prevent shrinkage and improve their strength and durability.

Depilatory Creams

Ammonium Thioglycolate is important in creams because its acid composition effectively breaks down the protein structure of hair for easy removal when the cream is applied. Ammonium Thioglycolate is gentle on the skin. Is commonly used in top brands, like Nair and Veet known for their effective and skin friendly depilatory products.

Hair Perming

Ammonium Thioglycolate is commonly used in hair salons for perms as it changes the protein structure of the hair to create a look with curls that last longer and cause less damage compared to other chemicals used for perming hair treatments by top brands like LOreal and Schwarzkopf who opt for an alkaline solution containing this compound to achieve better results, in hair styling.

Ammonium Thioglycolate vs. Substitutes:
Performance and Positioning Analysis

Ammonium Thioglycolate is widely favored over options due to its exceptional effectiveness in hair curl procedures and hair removal solutions. This points towards a potential for growth, in the market.

Ammonium Thioglycolate
  • Glyceryl Monothioglycolate /
  • Cysteamine Hydrochloride
    Versatile applications in personal care and textile industry, cost-effectiveness
    Potential skin irritant, stringent regulation in some regions
    Lower cost, wider availability
    Potential health hazards, inconsistent performance

Ammonium Thioglycolate vs. Substitutes:
Performance and Positioning Analysis

Ammonium Thioglycolate

  • Versatile applications in personal care and textile industry, cost-effectiveness
  • Potential skin irritant, stringent regulation in some regions

Glyceryl Monothioglycolate / Cysteamine Hydrochloride / Monoethanolamine Thioglycolate

  • Lower cost, wider availability
  • Potential health hazards, inconsistent performance

Ammonium Thioglycolate is widely favored over options due to its exceptional effectiveness in hair curl procedures and hair removal solutions. This points towards a potential for growth, in the market.

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Research Methodology

This market research methodology defines the Ammonium Thioglycolate market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Specialty Chemicals ecosystem, we analyze Ammonium Thioglycolate across Hair Stylists, Clothing Manufacturers, and Leather Product Manufacturers Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:


We benchmark competitors such as Daejung Chemicals & Metals Co. Ltd., Acros Organics, and City Chemical LLC by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Suppliers, Intermediate Product Manufacturers, and Producers. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Specialty Chemicals revenues to estimate the Ammonium Thioglycolate segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Suppliers (BASF, Dow Chemicals), Intermediate Product Manufacturers (Arkema Group, Eastman Chemical Company), and Producers. Our parallel substitute analysis examines Glyceryl Monothioglycolate, Cysteamine Hydrochloride, and Monoethanolamine Thioglycolate, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Daejung Chemicals & Metals Co. Ltd., Acros Organics, and City Chemical LLC, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Ammonium Thioglycolate market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Ammonium Thioglycolate Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 303 million
Revenue Forecast in 2034USD 466 million
Growth RateCAGR of 4.9% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024289 million
Growth OpportunityUSD 177 million
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024289 million USD
Market Size 2027333 million USD
Market Size 2029367 million USD
Market Size 2030385 million USD
Market Size 2034466 million USD
Market Size 2035489 million USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredApplication, End-User, Concentration, Functionality
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledDaejung Chemicals & Metals Co. Ltd., Acros Organics, City Chemical LLC, Penta Manufacturing Company, MIDAS FineChem, Tianjin JinRui Chemical Co. Ltd., Arkema Group, Materion Corporation, E. I. du Pont de Nemours and Company, Exxon Mobil Corporation, Nippon Chemical Industrial and Tokyo Chemical Industry Co. Ltd.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Ammonium Thioglycolate Market Size, Opportunities & Strategic Insights, by Application

4.1Personal Care Industry
4.2Textile Industry
4.3Leather Industry
4.4Others
Chapter 5

Ammonium Thioglycolate Market Size, Opportunities & Strategic Insights, by End-User

5.1Hair Stylists
5.2Clothing Manufacturers
5.3Leather Product Manufacturers
Chapter 6

Ammonium Thioglycolate Market Size, Opportunities & Strategic Insights, by Concentration

6.1Low
6.2Medium
6.3High
Chapter 7

Ammonium Thioglycolate Market Size, Opportunities & Strategic Insights, by Functionality

7.1Hair Curling Solutions
7.2Leather Softening Agent
7.3Reducing Agent in Textile Processing
Chapter 8

Ammonium Thioglycolate Market, by Region

8.1North America Ammonium Thioglycolate Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Ammonium Thioglycolate Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Ammonium Thioglycolate Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Ammonium Thioglycolate Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Ammonium Thioglycolate Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Ammonium Thioglycolate Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Daejung Chemicals & Metals Co. Ltd.
9.2.2Acros Organics
9.2.3City Chemical LLC
9.2.4Penta Manufacturing Company
9.2.5MIDAS FineChem
9.2.6Tianjin JinRui Chemical Co. Ltd.
9.2.7Arkema Group
9.2.8Materion Corporation
9.2.9E. I. du Pont de Nemours and Company
9.2.10Exxon Mobil Corporation
9.2.11Nippon Chemical Industrial
9.2.12Tokyo Chemical Industry Co. Ltd.