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Alpha hydroxy acid market share is a fragmented market owing to the presence of various global companies regulating industry growth. Some of the key players in the market include
The key players in the market are mainly focusing on new product launches, acquisitions, and expansion in developing and developed economies to capture a good business share.
In March 2021, Corbion has announced to launch a multi-faceted initiative to substantially increase its capacity for producing lactic acid and lactic-acid derivatives. This strategy helps company to meet growing global demand for lactic acid