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Glyceryl Monothioglycolate Market

The market for Glyceryl Monothioglycolate was estimated at $2.0 billion in 2024; it is anticipated to increase to $3.0 billion by 2030, with projections indicating growth to around $4.3 billion by 2035.

Report ID:DS1309149
Author:Vineet Pandey - Business Consultant
Published Date:
Datatree
Chemicals & Materials
Specialty Chemicals
Glyceryl Monothioglycolate
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Report Summary
Market Data
Methodology
Table of Contents

Global Glyceryl Monothioglycolate Market Outlook

Revenue, 2024

$2.0B

Forecast, 2034

$4.0B

CAGR, 2025 - 2034

7.1%

The Glyceryl Monothioglycolate industry revenue is expected to be around $2.2 billion in 2025 and expected to showcase growth with 7.1% CAGR between 2025 and 2034. The notable increase in the market for Glyceryl Monothioglycolate is largely fueled by its increasing significance in a range of industries such as cosmetics and pharmaceuticals. This enduring relevance is emphasized by its qualities and adaptability in different uses solidifying its role as a crucial element, in these fields. The substance serves as evidence of innovation and technological progress enabling the remarkable growth of the market.

In the field of cosmetics and hair care products industries in applications are growing for Glyceryl Monothioglycolate. A significant organo sulfur compound known for its varied benefits such as acting as a reliable reducing agent and being useful in emulsification processes as well as possibly being utilized for hair waving purposes due, to its multi dimensional capabilities recognized also within pharmaceutical settings.

Glyceryl Monothioglycolate market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034
Glyceryl Monothioglycolate Market Outlook

Market Key Insights

  • The Glyceryl Monothioglycolate market is projected to grow from $2.0 billion in 2024 to $4.0 billion in 2034. This represents a CAGR of 7.1%, reflecting rising demand across Personal Care Industry, Pharmaceutical Industry, and Cosmetics & Skincare Industry.

  • BASF SE, Dow Inc., and Eastman Chemical Company are among the leading players in this market, shaping its competitive landscape.

  • U.S. and Germany are the top markets within the Glyceryl Monothioglycolate market and are expected to observe the growth CAGR of 4.6% to 6.8% between 2024 and 2030.

  • Emerging markets including Brazil, South Africa and Vietnam are expected to observe highest growth with CAGR ranging between 8.2% to 9.8%.

  • Transition like Adoption in Cosmetic Industry has greater influence in U.S. and Germany market's value chain; and is expected to add $86 million of additional value to Glyceryl Monothioglycolate industry revenue by 2030.

  • The Glyceryl Monothioglycolate market is set to add $2.0 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical & Cosmetics Application projected to gain a larger market share.

  • With

    expanding cosmetic industry, and

    Technological Advancements in Formulation Techniques, Glyceryl Monothioglycolate market to expand 99% between 2024 and 2034.

glyceryl monothioglycolate market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
Glyceryl Monothioglycolate - Country Share Analysis

Opportunities in the Glyceryl Monothioglycolate

The Asia Pacific area is also renowned for its developing economies and increasing middle class demographic and presents an unexplored opportunity for growth, in the Glyceryly Monothiolglycolate market.

Growth Opportunities in North America and Asia Pacific

The American region shows great potential in the specialized Glycery Monothiglycolate market due to the growing cosmeticindustry'sdemand for the chemical as a surfactant and emulsifier to enhance beauty and wellness trends and respond to increased purchasing power in the region; nevertheless competition is fierce among major players, like Advanced Biotech and Vigon International. Market trends in North America are driven by advancements in technology as companies focus more o​n eco friendly chemical production methods. These efforts play a role, in expanding the market.
The Asia Pacific region is recognized as one of the expanding markets for Glycery1 Monothio2ate due to the flourishing personal care and cosmetics sector in countries like China and India1o3en5me6rg3. There is a growing preference for organic cosmetics that has driven up the demand for Glycery1 Monothio2ate as a key ingredient. Competition in this market segment is fierce in this region with companies such, as Tokyo Chemical Industry and Parchem Fine & Specialty Chemicals vying for a larger slice of the market pie.

Market Dynamics and Supply Chain

01

Driver: Expanding Cosmetic Industry, and Growing Awareness of Natural Products

The rising needs within the beauty industry play a role in boosting the Glycery Monothiglycolate market as it also serves as a conditioning agent in various cosmetic products resulting in its growing popularity in this field. The compounds nourishing effects on the skin and hair are also a factor driving its increased demand, in personal care products. The growing awareness among the public regarding the advantages of elements has also paved the way for the utilization of natural ingredients such a Glycery Monothiolglycolate, which is also favored for its non allergenic qualities, by consumers leaning towards natural skincare and haircare options.
Innovations and technological progress in the production of Glycery Monothiolglycolate have also an impact on the market as well by improving efficiency and quality standards that increase demand, across various industries.
02

Restraint: Limited Regulatory Approval

The market for Glycery​ Monoth​io​glycolate in the industry faces challenges due to restricted regulatory approval processes​ worldwide​. Health and environmental groups are increasingly stringent about product safety standards​​ causing delays or rejections in approving substances like Glycery​ Monoth​io​glycolate​​, which significantly hinders its market viability​​. Concerns over health hazards such as skin irritation and allergies compound the problem​​ resulting in a decrease in demand, for products that contain this ingredient​​. The absence of endorsement hinders the introduction to the market and expansion of its uses which creates an obstacle to its development.
03

Opportunity: Personal Care Revolution and R&D Investment Spree

The personal care sector is experiencing changes due to consumer preferences for natural and environmentally friendly products. In this context Glycery Monothiglycolate, an emulsifier in personal care items is anticipated to see a rise in popularity. The growing interest, in clean label goods and the presence of conscious consumers are projected to fuel the use of Glycery Monothiglycolate in this industry.
Exploring ways to enhance the uses and safety features of Glycery1 Monothio glycolate opens up many exciting possibilities for advancements in cosmetics and pharmaceuticals markets potentially improving its standing, in the industry overall with increased research efforts focused on minimizing skin irritation concerns associated with this compound.
04

Challenge: Price Volatility

The price of Glycery l Monothio glycolates can fluctuate due, to its sources since it comes from glycerol and thioglycolic acid whose costs are influenced by crop yields and petroleum prices respectively.

Supply Chain Landscape

1

Raw Material Suppliers

The Dow Chemical CompanyBASF SE
2

Intermediate Producers

Eastman Chemical CompanyEvonik Industries
3

Producers

SolvayAkzoNobel
4

End Users

Hair CareCosmeticPharmaceutical
Glyceryl Monothioglycolate - Supply Chain

Use Cases of Glyceryl Monothioglycolate in Personal Care & Pharmaceutical

Personal Care Industry : In the personal care industry, Glyceryl Monothioglycolate is widely used for its versatility in hair care products, especially for waving and straightening treatments. Its liquid form is in high demand, with major players like LOreal and Proctor & Gamble leveraging its benefits to enhance hair shine and flexibility, maintaining market presence.
Pharmaceutical Industry : GlyceryI Monothiolgycerate is also used in the industry for making anti allergic medication and is a key component in drug production for companies like Johnson & Johnson and Novartis to strengthen their position, in the market with both semi solid and solid versions of the compound being utilized effectively.
Cosmetics & Skincare Industry : In the cosmetics and skincare sector Glycerytsil Monothioylate is commonly used as a lubricant and moisturizer to enhance the spreadability of products and boost skin moisture levels. Este Lauder and Unilever are, among the skincare companies that favor including Glycerytsil Monothioylate in their product formulations.

Recent Developments

In years Glycery l Monotholingoclet, a vital chemical compound in the industry has made notable progress. Its usage in beauty and personal care items has surged, resultng in a boost, in market demand.

December 2024 : CarboMer Inc., a provider in the industry of hair products introduced PermEase a new hair perm solution enhanced with Glycery Monothiglycolate for improved results and less damage, to hair strands.
October 2024 : Sigma Aldrich introduced an efficient production method for Glycery Monothiglycolate to lessen environmental harm and enhance production capabilities.
July 2024 : Hangzhou Lianzheng Chemical Co., Ltd patented an use of Glycery lMonothio glycolate in skincare formulations with the aim of improving skin hydration and protection properties.

Impact of Industry Transitions on the Glyceryl Monothioglycolate Market

As a core segment of the Specialty Chemicals industry, the Glyceryl Monothioglycolate market develops in line with broader industry shifts. Over recent years, transitions such as Adoption in Cosmetic Industry and Rise in Medicinal Usage have redefined priorities across the Specialty Chemicals sector, influencing how the Glyceryl Monothioglycolate market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Adoption in Cosmetic Industry

The beauty sector has observed a change in consumer inclinations towards natural and gentle skincare options in recent times. Glyceryl Monothioglycolate has become an ingredient in the development of such products owing to its numerous advantages like being non toxic and gentle on the skin while offering versatile usage options. It plays a role in manufacturing hair care products, like relaxers and moisturizers and is valued for its mild properties and exceptional effectiveness. The addition of Glycery​​​​​L Monothio​​glycolate in the production process results in product quality and stability while also boosting market demand overall​. This shift has brought about a gradual expansion of the customer base, in the cosmetics industry​ which consequently influences the Glycery​​​​​L Monothio​​glycolate market directly.
02

Rise in Medicinal Usage

The medical and pharmaceutical sectors have widely adopted Glyceryl Monothioacetate due to its exceptional qualities, including adherence to strict safety standards and excellent compatibility with the human body, making it suitable for a variety of therapeutic applications. Its remarkable solubility in water further enhances its utility in formulation processes, allowing for efficient incorporation into different drug delivery systems. These properties make Glyceryl Monothioacetate a preferred ingredient in pharmaceuticals, supporting the development of reliable, effective, and safe medical products while driving its growing demand across the industry.