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The clean beauty movement has led to increased demand for natural and sustainable ingredients, including in personal care products containing thioglycolates. Consumers are looking for products with fewer synthetic chemicals and more natural formulations. In the hair care industry, thioglycolates continue to play a significant role in hair straightening and perming formulations. Manufacturers are focusing on developing safer and more effective products that deliver desired results with minimized damage to hair.
Calcium thioglycolate reached USD 38.4 million in 2022 owing to the rising consumer preference for depilatory creams and lotions for temporary hair removal
Thioglycolate industry share from the personal care & cosmetics application segment is anticipated witness 2.7% CAGR from 2023-2032 due to growing demand for depilatory creams and lotions for temporary hair removal
Market size for thioglycolate was USD 112 million in 2022 and may reach USD 154.1 million by the end of 2032 due to wide usage in depilatory creams and lotions for providing an effective method for temporary hair removal
U.S. thioglycolate size reached USD 24.9 million in 2022 and will expand at significant pace from 2023-2032 driven by evolving hair care consumer preferences, including straightening, perming, and texturizing