15 February 2019:
Salicylic
Acid Market was million US$ in 2018 and is expected to million
US$ by the end of 2023, growing at a CAGR of between 2019 and 2023.This report
studies the Salicylic Acid market size (value and volume) by players, regions,
product types and end industries, history data 2014-2018 and forecast data
2019-2023; This report also studies the global Salicylic Acid market
competition landscape, market drivers and trends, opportunities and challenges,
risks and entry barriers, sales channels, distributors and Porter's Five Forces
Analysis.
The Global Salicylic Acid Market is estimated to develop at
a substantial CAGR of 6.4% for the duration of the prediction. It is obtained
from the usual source i.e., woof of willow tree or produced by chemical mixture
of phenol, on the commercial basis. Increasing demand for salicylic acid in the
production of skin care cosmetic and haircare products due to increasing
customers’ awareness about its paybacks is projected to motivate the demand
above the prediction period. It is broadly utilized in the production of
aspirin. Growing ingestion of aspirin tablets due to greater pain relieving act
coupled with easy obtainability of the medicine, is estimated to boost the
demand for it. On the other hand, growing concerns about the side effects of
aspirin are likely to obstruct the progress of the market.
Request Sample Copy
of This Market Research @ https://www.millioninsights.com/industry-reports/salicylic-acid-market-outlook/request-sample
The salicylic acid market on the source of Type of
Application could span Cosmetics, Medicinal and Foodstuff & Preservatives.
The market is ruled by subdivision of Medicinal application due to growing
usage of salicylic acid centered medicines for the treatment of Hughes
syndrome, numerous skin-associated sicknesses, and for cardiac sicknesses.
The subdivision of foodstuff & Preservatives is
estimated to witness greater development percentage (more than 7%) for the
duration of prediction. Increasing usage of it and its byproducts in the
foodstuff and liquid refreshment manufacturing to avert fermentation and
decomposition is estimated to upsurge the demand. Furthermore, increasing usage
in the form of preservatives is expected to extend the shelf life of foodstuffs
like wine, beer and sauces.
The subdivision of cosmetics manufacturing is projected to
observe growing demand for salicylic acid owing to greater demand for face pack
creams and acne lessening provisions. Furthermore, the market is projected to
observe a growing demand for conditioners and shampoos; those utilized to treat
a number of hair circumstances. In addition, growing circumstances of pimples,
lumps, blackheads and spots is likely to motivate the progress for salicylic
acid centered merchandises above the prediction period.
The most important purchasers of the product consist of
Pharmacological companies similar to Bayer, Haircare and Skincare companies
like St. Ives, Clean & Clear, and Neutrogena. The foodstuff &
preservatives manufacturing companies for example Mondelez, Heinz, and Tyson.
Browse Full Research Report
@ https://www.millioninsights.com/industry-reports/salicylic-acid-market-outlook
Salicylic Acid Market
by Geographical Regions:-
•
North America
•
Europe
•
Asia Pacific
•
Middle East and Africa
•
South America
Salicylic Acid Market
by Applications:-
•
Pharmaceutical
•
Cosmetics
•
Agrochemicals
•
Dyes
•
Rubber Chemicals
Get in touch
At Million Insights, we work
with the aim to reach the highest levels of customer satisfaction. Our
representatives strive to understand diverse client requirements and cater to
the same with the most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist,
USA
Email: ryan@millioninsights.com
Million Insights
Office No. 302, 3rd Floor,
Manikchand Galleria,
Model Colony, Shivaji Nagar,
Pune, MH, 411016 India
tel: 91-20-65300184
Email: sales@millioninsights.com
Visit Our Blog: www.millioninsights.blogspot.com
No comments:
Post a Comment