By Chem Reports
Mercaptoacetic Acid, commonly referred to as thioglycolic acid (TGA), is an organosulfur compound characterized by the presence of both thiol (-SH) and carboxylic acid (-COOH) functional groups. It appears as a clear liquid with a strong odor and exhibits susceptibility to oxidation, forming disulfides when exposed to air.
Originally developed in the early 20th century for cosmetic applications, mercaptoacetic acid has evolved into a versatile chemical widely used across industries including personal care, pharmaceuticals, and chemical synthesis.
The compound plays a critical role in hair treatment formulations such as perming, straightening, and depilatory products. Additionally, it is used as a precursor in the synthesis of thioglycolates and as a reagent in microbiological culture media.
The global Mercaptoacetic Acid market was valued at approximately USD 270 million in 2017 and is projected to reach around USD 300 million by 2036, growing at a compound annual growth rate (CAGR) of 1.1% during the forecast period.
Slow but steady growth due to mature application markets
Increasing demand from personal care and pharmaceutical sectors
Stable consumption patterns in developed regions
Rising demand for hair care and grooming products
Expansion of cosmetic and personal care industries
Increased use in chemical intermediates and pharmaceuticals
Growing awareness of personal hygiene and aesthetic appearance
Strong odor and handling hazards
Regulatory scrutiny related to chemical exposure
Limited innovation in core application areas
Development of high-purity grades for pharmaceutical use
Emerging markets in Asia-Pacific
Expansion in biotechnology and microbiological applications
The Mercaptoacetic Acid market is highly fragmented, comprising:
Large multinational chemical manufacturers
Regional producers
Small-scale specialty chemical companies
Competitive intensity is moderate, with differentiation primarily based on product purity, pricing, and distribution networks.
Largest market share (~32%)
Strong presence of established chemical manufacturers
High demand from cosmetics and pharmaceutical sectors
Second-largest market (~29%)
Mature personal care market
Advanced R&D infrastructure
Fastest-growing region
Increasing demand in China and India
Expansion of manufacturing capabilities
Moderate growth in Latin America and Middle East & Africa
Increasing adoption of personal care products
High Purity Grade (>99%)
Used in pharmaceuticals and specialty applications
Technical Grade (80%–99%)
Widely used in cosmetics and industrial applications
Low Purity Grade (<80%)
Limited use in basic chemical processes
Hair Care & Cosmetics
Largest segment driven by perming and depilatory products
Chemical Intermediates
Used in the production of thioglycolates
Pharmaceuticals
Growing segment with high purity requirements
Others
Includes laboratory and microbiological uses
The pricing of Mercaptoacetic Acid is influenced by:
Raw material cost fluctuations
Supply-demand dynamics
Transportation and regulatory costs
Manufacturers face challenges in passing cost increases downstream due to competitive pricing pressure.
The market features several global and regional players competing on production capacity, quality, and pricing.
Arkema
https://www.arkema.com
Bruno Bock
https://www.brunobock.com
Merck Group
https://www.merckgroup.com
Sasaki Chemical
https://www.sasaki-chemical.co.jp
Daicel Corporation
https://www.daicel.com
Ever Flourish Chemical
http://www.everflourish.com
Swan Chemical
http://www.swanchemical.com
Ruchang Mining
(Website not widely listed; regional supplier)
QingDao Lnt Chemical
(Regional Chinese manufacturer)
HiMedia Laboratories
https://www.himedialabs.com
Key players are focusing on:
Capacity expansion in Asia
Product quality improvements
Strategic collaborations and supply agreements
Development of specialty-grade products
The Mercaptoacetic Acid market is expected to witness gradual and stable growth through 2036. While traditional applications dominate, emerging opportunities in pharmaceuticals and biotechnology may provide incremental growth.
Shift toward high-purity formulations
Sustainable and safer chemical processing
Increasing demand from developing economies
Analyze global production, consumption, and capacity trends
Evaluate competitive landscape and market positioning
Forecast market growth by type, application, and region
Identify opportunities and risks for stakeholders
Provide strategic insights for market participants
Chem Reports offers tailored insights including:
Country-level market analysis
Detailed competitor profiling
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Strategic recommendations based on client requirements
Table of Contents Global Mercaptoacetic Acid Market Professional Survey Report 1 Industry Overview of Mercaptoacetic Acid 1.1 Definition and Specifications of Mercaptoacetic Acid 1.1.1 Definition of Mercaptoacetic Acid 1.1.2 Specifications of Mercaptoacetic Acid 1.2 Classification of Mercaptoacetic Acid 1.2.1 High Purity Grade ( ?99%) 1.2.2 Technical Grade ( 80%-99%) 1.2.3 Low Purity Grade ( <80%) 1.3 Applications of Mercaptoacetic Acid 1.3.1 Hair Careand & Cosmetic Product 1.3.2 Chemical Intermediate 1.3.3 Pharmaceuticals 1.3.4 Others 1.4 Market Segment by Regions 1.4.1 North America 1.4.2 Europe 1.4.3 China 1.4.4 Japan 1.4.5 Southeast Asia 1.4.6 India 2 Manufacturing Cost Structure Analysis of Mercaptoacetic Acid 2.1 Raw Material and Suppliers 2.2 Manufacturing Cost Structure Analysis of Mercaptoacetic Acid 2.3 Manufacturing Process Analysis of Mercaptoacetic Acid 2.4 Industry Chain Structure of Mercaptoacetic Acid 3 Technical Data and Manufacturing Plants Analysis of Mercaptoacetic Acid 3.1 Capacity and Commercial Production Date of Global Mercaptoacetic Acid Major Manufacturers in 3.2 Manufacturing Plants Distribution of Global Mercaptoacetic Acid Major Manufacturers in 3.3 R&D Status and Technology Source of Global Mercaptoacetic Acid Major Manufacturers in 3.4 Raw Materials Sources Analysis of Global Mercaptoacetic Acid Major Manufacturers in 4 Global Mercaptoacetic Acid Overall Market Overview 4.1 -E Overall Market Analysis 4.2 Capacity Analysis 4.2.1 -E Global Mercaptoacetic Acid Capacity and Growth Rate Analysis 4.2.2 Mercaptoacetic Acid Capacity Analysis (Company Segment) 4.3 Sales Analysis 4.3.1 -E Global Mercaptoacetic Acid Sales and Growth Rate Analysis 4.3.2 Mercaptoacetic Acid Sales Analysis (Company Segment) 4.4 Sales Price Analysis 4.4.1 -E Global Mercaptoacetic Acid Sales Price 4.4.2 Mercaptoacetic Acid Sales Price Analysis (Company Segment) 5 Mercaptoacetic Acid Regional Market Analysis 5.1 North America Mercaptoacetic Acid Market Analysis 5.1.1 North America Mercaptoacetic Acid Market Overview 5.1.2 North America -E Mercaptoacetic Acid Local Supply, Import, Export, Local Consumption Analysis 5.1.3 North America -E Mercaptoacetic Acid Sales Price Analysis 5.1.4 North America Mercaptoacetic Acid Market Share Analysis 5.2 Europe Mercaptoacetic Acid Market Analysis 5.2.1 Europe Mercaptoacetic Acid Market Overview 5.2.2 Europe -E Mercaptoacetic Acid Local Supply, Import, Export, Local Consumption Analysis 5.2.3 Europe -E Mercaptoacetic Acid Sales Price Analysis 5.2.4 Europe Mercaptoacetic Acid Market Share Analysis 5.3 China Mercaptoacetic Acid Market Analysis 5.3.1 China Mercaptoacetic Acid Market Overview 5.3.2 China -E Mercaptoacetic Acid Local Supply, Import, Export, Local Consumption Analysis 5.3.3 China -E Mercaptoacetic Acid Sales Price Analysis 5.3.4 China Mercaptoacetic Acid Market Share Analysis 5.4 Japan Mercaptoacetic Acid Market Analysis 5.4.1 Japan Mercaptoacetic Acid Market Overview 5.4.2 Japan -E Mercaptoacetic Acid Local Supply, Import, Export, Local Consumption Analysis 5.4.3 Japan -E Mercaptoacetic Acid Sales Price Analysis 5.4.4 Japan Mercaptoacetic Acid Market Share Analysis 5.5 Southeast Asia Mercaptoacetic Acid Market Analysis 5.5.1 Southeast Asia Mercaptoacetic Acid Market Overview 5.5.2 Southeast Asia -E Mercaptoacetic Acid Local Supply, Import, Export, Local Consumption Analysis 5.5.3 Southeast Asia -E Mercaptoacetic Acid Sales Price Analysis 5.5.4 Southeast Asia Mercaptoacetic Acid Market Share Analysis 5.6 India Mercaptoacetic Acid Market Analysis 5.6.1 India Mercaptoacetic Acid Market Overview 5.6.2 India -E Mercaptoacetic Acid Local Supply, Import, Export, Local Consumption Analysis 5.6.3 India -E Mercaptoacetic Acid Sales Price Analysis 5.6.4 India Mercaptoacetic Acid Market Share Analysis 6 Global -E Mercaptoacetic Acid Segment Market Analysis (by Type) 6.1 Global -E Mercaptoacetic Acid Sales by Type 6.2 Different Types of Mercaptoacetic Acid Product Interview Price Analysis 6.3 Different Types of Mercaptoacetic Acid Product Driving Factors Analysis 6.3.1 High Purity Grade ( ?99%) Growth Driving Factor Analysis 6.3.2 Technical Grade ( 80%-99%) Growth Driving Factor Analysis 6.3.3 Low Purity Grade ( <80%) Growth Driving Factor Analysis 7 Global -E Mercaptoacetic Acid Segment Market Analysis (by Application) 7.1 Global -E Mercaptoacetic Acid Consumption by Application 7.2 Different Application of Mercaptoacetic Acid Product Interview Price Analysis 7.3 Different Application of Mercaptoacetic Acid Product Driving Factors Analysis 7.3.1 Hair Careand & Cosmetic Product of Mercaptoacetic Acid Growth Driving Factor Analysis 7.3.2 Chemical Intermediate of Mercaptoacetic Acid Growth Driving Factor Analysis 7.3.3 Pharmaceuticals of Mercaptoacetic Acid Growth Driving Factor Analysis 7.3.4 Others of Mercaptoacetic Acid Growth Driving Factor Analysis 8 Major Manufacturers Analysis of Mercaptoacetic Acid 8.1 Arkema 8.1.1 Company Profile 8.1.2 Product Picture and Specifications 8.1.2.1 Product A 8.1.2.2 Product B 8.1.3 Arkema Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.1.4 Arkema Mercaptoacetic Acid Business Region Distribution Analysis 8.2 Bruno Bock 8.2.1 Company Profile 8.2.2 Product Picture and Specifications 8.2.2.1 Product A 8.2.2.2 Product B 8.2.3 Bruno Bock Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.2.4 Bruno Bock Mercaptoacetic Acid Business Region Distribution Analysis 8.3 Merck 8.3.1 Company Profile 8.3.2 Product Picture and Specifications 8.3.2.1 Product A 8.3.2.2 Product B 8.3.3 Merck Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.3.4 Merck Mercaptoacetic Acid Business Region Distribution Analysis 8.4 Sasaki Chemical 8.4.1 Company Profile 8.4.2 Product Picture and Specifications 8.4.2.1 Product A 8.4.2.2 Product B 8.4.3 Sasaki Chemical Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.4.4 Sasaki Chemical Mercaptoacetic Acid Business Region Distribution Analysis 8.5 Daicel 8.5.1 Company Profile 8.5.2 Product Picture and Specifications 8.5.2.1 Product A 8.5.2.2 Product B 8.5.3 Daicel Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.5.4 Daicel Mercaptoacetic Acid Business Region Distribution Analysis 8.6 Ever Flourish Chemical 8.6.1 Company Profile 8.6.2 Product Picture and Specifications 8.6.2.1 Product A 8.6.2.2 Product B 8.6.3 Ever Flourish Chemical Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.6.4 Ever Flourish Chemical Mercaptoacetic Acid Business Region Distribution Analysis 8.7 Swan Chemical 8.7.1 Company Profile 8.7.2 Product Picture and Specifications 8.7.2.1 Product A 8.7.2.2 Product B 8.7.3 Swan Chemical Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.7.4 Swan Chemical Mercaptoacetic Acid Business Region Distribution Analysis 8.8 Ruchang Mining 8.8.1 Company Profile 8.8.2 Product Picture and Specifications 8.8.2.1 Product A 8.8.2.2 Product B 8.8.3 Ruchang Mining Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.8.4 Ruchang Mining Mercaptoacetic Acid Business Region Distribution Analysis 8.9 QingDao Lnt 8.9.1 Company Profile 8.9.2 Product Picture and Specifications 8.9.2.1 Product A 8.9.2.2 Product B 8.9.3 QingDao Lnt Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.9.4 QingDao Lnt Mercaptoacetic Acid Business Region Distribution Analysis 8.10 HiMedia Laboratories 8.10.1 Company Profile 8.10.2 Product Picture and Specifications 8.10.2.1 Product A 8.10.2.2 Product B 8.10.3 HiMedia Laboratories Mercaptoacetic Acid Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.10.4 HiMedia Laboratories Mercaptoacetic Acid Business Region Distribution Analysis 9 Development Trend of Analysis of Mercaptoacetic Acid Market 9.1 Global Mercaptoacetic Acid Market Trend Analysis 9.1.1 Global -2025 Mercaptoacetic Acid Market Size (Volume and Value) Forecast 9.1.2 Global -2025 Mercaptoacetic Acid Sales Price Forecast 9.2 Mercaptoacetic Acid Regional Market Trend 9.2.1 North America -2025 Mercaptoacetic Acid Consumption Forecast 9.2.2 Europe -2025 Mercaptoacetic Acid Consumption Forecast 9.2.3 China -2025 Mercaptoacetic Acid Consumption Forecast 9.2.4 Japan -2025 Mercaptoacetic Acid Consumption Forecast 9.2.5 Southeast Asia -2025 Mercaptoacetic Acid Consumption Forecast 9.2.6 India -2025 Mercaptoacetic Acid Consumption Forecast 9.3 Mercaptoacetic Acid Market Trend (Product Type) 9.4 Mercaptoacetic Acid Market Trend (Application) 10 Mercaptoacetic Acid Marketing Type Analysis 10.1 Mercaptoacetic Acid Regional Marketing Type Analysis 10.2 Mercaptoacetic Acid International Trade Type Analysis 10.3 Traders or Distributors with Contact Information of Mercaptoacetic Acid by Region 10.4 Mercaptoacetic Acid Supply Chain Analysis 11 Consumers Analysis of Mercaptoacetic Acid 11.1 Consumer 1 Analysis 11.2 Consumer 2 Analysis 11.3 Consumer 3 Analysis 11.4 Consumer 4 Analysis 12 Conclusion of the Global Mercaptoacetic Acid Market Professional Survey Report Methodology Analyst Introduction Data Source List of Tables and Figures Figure Picture of Mercaptoacetic Acid Table Product Specifications of Mercaptoacetic Acid Table Classification of Mercaptoacetic Acid Figure Global Production Market Share of Mercaptoacetic Acid by Type in Figure High Purity Grade ( ?99%) Picture Table Major Manufacturers of High Purity Grade ( ?99%) Figure Technical Grade ( 80%-99%) Picture Table Major Manufacturers of Technical Grade ( 80%-99%) Figure Low Purity Grade ( <80%) Picture Table Major Manufacturers of Low Purity Grade ( <80%) Table Applications of Mercaptoacetic Acid Figure Global Consumption Volume Market Share of Mercaptoacetic Acid by Application in Figure Hair Careand & Cosmetic Product Examples Table Major Consumers in Hair Careand & Cosmetic Product Figure Chemical Intermediate Examples Table Major Consumers in Chemical Intermediate Figure Pharmaceuticals Examples Table Major Consumers in Pharmaceuticals Figure Others Examples Table Major Consumers in Others Figure Market Share of Mercaptoacetic Acid by Regions Figure North America Mercaptoacetic Acid Market Size (Million USD) (-2025) Figure Europe Mercaptoacetic Acid Market Size (Million USD) (-2025) Figure China Mercaptoacetic Acid Market Size (Million USD) (-2025) Figure Japan Mercaptoacetic Acid Market Size (Million USD) (-2025) Figure Southeast Asia Mercaptoacetic Acid Market Size (Million USD) (-2025) Figure India Mercaptoacetic Acid Market Size (Million USD) (-2025) Table Mercaptoacetic Acid Raw Material and Suppliers Table Manufacturing Cost Structure Analysis of Mercaptoacetic Acid in Figure Manufacturing Process Analysis of Mercaptoacetic Acid Figure Industry Chain Structure of Mercaptoacetic Acid Table Capacity and Commercial Production Date of Global Mercaptoacetic Acid Major Manufacturers in Table Manufacturing Plants Distribution of Global Mercaptoacetic Acid Major Manufacturers in Table R&D Status and Technology Source of Global Mercaptoacetic Acid Major Manufacturers in Table Raw Materials Sources Analysis of Global Mercaptoacetic Acid Major Manufacturers in Table Global Capacity, Sales , Price, Cost, Sales Revenue (M USD) and Gross Margin of Mercaptoacetic Acid -E Figure Global -E Mercaptoacetic Acid Market Size (Volume) and Growth Rate Figure Global -E Mercaptoacetic Acid Market Size (Value) and Growth Rate Table -E Global Mercaptoacetic Acid Capacity and Growth Rate Table Global Mercaptoacetic Acid Capacity (MT) List (Company Segment) Table -E Global Mercaptoacetic Acid Sales (MT) and Growth Rate Table Global Mercaptoacetic Acid Sales (MT) List (Company Segment) Table -E Global Mercaptoacetic Acid Sales Price (USD/MT) Table Global Mercaptoacetic Acid Sales Price (USD/MT) List (Company Segment) Figure North America Capacity Overview Table North America Supply, Import, Export and Consumption (MT) of Mercaptoacetic Acid -E Figure North America -E Mercaptoacetic Acid Sales Price (USD/MT) Figure North America Mercaptoacetic Acid Sales Market Share Figure Europe Capacity Overview Table Europe Supply, Import, Export and Consumption (MT) of Mercaptoacetic Acid -E Figure Europe -E Mercaptoacetic Acid Sales Price (USD/MT) Figure Europe Mercaptoacetic Acid Sales Market Share Figure China Capacity Overview Table China Supply, Import, Export and Consumption (MT) of Mercaptoacetic Acid -E Figure China -E Mercaptoacetic Acid Sales Price (USD/MT) Figure China Mercaptoacetic Acid Sales Market Share Figure Japan Capacity Overview Table Japan Supply, Import, Export and Consumption (MT) of Mercaptoacetic Acid -E Figure Japan -E Mercaptoacetic Acid Sales Price (USD/MT) Figure Japan Mercaptoacetic Acid Sales Market Share Figure Southeast Asia Capacity Overview Table Southeast Asia Supply, Import, Export and Consumption (MT) of Mercaptoacetic Acid -E Figure Southeast Asia -E Mercaptoacetic Acid Sales Price (USD/MT) Figure Southeast Asia Mercaptoacetic Acid Sales Market Share Figure India Capacity Overview Table India Supply, Import, Export and Consumption (MT) of Mercaptoacetic Acid -E Figure India -E Mercaptoacetic Acid Sales Price (USD/MT) Figure India Mercaptoacetic Acid Sales Market Share Table Global -E Mercaptoacetic Acid Sales (MT) by Type Table Different Types Mercaptoacetic Acid Product Interview Price Table Global -E Mercaptoacetic Acid Sales (MT) by Application Table Different Application Mercaptoacetic Acid Product Interview Price Table Arkema Information List Table Product Overview Table Arkema Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Arkema Mercaptoacetic Acid Business Region Distribution Table Bruno Bock Information List Table Product Overview Table Bruno Bock Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Bruno Bock Mercaptoacetic Acid Business Region Distribution Table Merck Information List Table Product Overview Table Merck Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Merck Mercaptoacetic Acid Business Region Distribution Table Sasaki Chemical Information List Table Product Overview Table Sasaki Chemical Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Sasaki Chemical Mercaptoacetic Acid Business Region Distribution Table Daicel Information List Table Product Overview Table Daicel Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Daicel Mercaptoacetic Acid Business Region Distribution Table Ever Flourish Chemical Information List Table Product Overview Table Ever Flourish Chemical Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Ever Flourish Chemical Mercaptoacetic Acid Business Region Distribution Table Swan Chemical Information List Table Product Overview Table Swan Chemical Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Swan Chemical Mercaptoacetic Acid Business Region Distribution Table Ruchang Mining Information List Table Product Overview Table Ruchang Mining Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure Ruchang Mining Mercaptoacetic Acid Business Region Distribution Table QingDao Lnt Information List Table Product Overview Table QingDao Lnt Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure QingDao Lnt Mercaptoacetic Acid Business Region Distribution Table HiMedia Laboratories Information List Table Product Overview Table HiMedia Laboratories Mercaptoacetic Acid Revenue (Million USD), Sales (MT), Ex-factory Price (USD/MT) Figure HiMedia Laboratories Mercaptoacetic Acid Business Region Distribution Figure Global -2025 Mercaptoacetic Acid Market Size (MT) and Growth Rate Forecast Figure Global -2025 Mercaptoacetic Acid Market Size (Million USD) and Growth Rate Forecast Figure Global -2025 Mercaptoacetic Acid Sales Price (USD/MT) Forecast Figure North America -2025 Mercaptoacetic Acid Consumption Volume (MT) and Growth Rate Forecast Figure China -2025 Mercaptoacetic Acid Consumption Volume (MT) and Growth Rate Forecast Figure Europe -2025 Mercaptoacetic Acid Consumption Volume (MT) and Growth Rate Forecast Figure Southeast Asia -2025 Mercaptoacetic Acid Consumption Volume (MT) and Growth Rate Forecast Figure Japan -2025 Mercaptoacetic Acid Consumption Volume (MT) and Growth Rate Forecast Figure India -2025 Mercaptoacetic Acid Consumption Volume (MT) and Growth Rate Forecast Table Global Sales Volume (MT) of Mercaptoacetic Acid by Type -2025 Table Global Consumption Volume (MT) of Mercaptoacetic Acid by Application -2025 Table Traders or Distributors with Contact Information of Mercaptoacetic Acid by Region
The market features several global and regional players competing on production capacity, quality, and pricing.
Arkema
https://www.arkema.com
Bruno Bock
https://www.brunobock.com
Merck Group
https://www.merckgroup.com
Sasaki Chemical
https://www.sasaki-chemical.co.jp
Daicel Corporation
https://www.daicel.com
Ever Flourish Chemical
http://www.everflourish.com
Swan Chemical
http://www.swanchemical.com
Ruchang Mining
(Website not widely listed; regional supplier)
QingDao Lnt Chemical
(Regional Chinese manufacturer)
HiMedia Laboratories
https://www.himedialabs.com
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