12 March 2019: Salicylic
Acid Market Research Report includes In-depth Analysis of
industry by recent technologies, trends, opportunities, challenges, key players
and business strategies considering types, segment, and future analysis.
Salicylic Acid Market Research Report provides information on Products,
Services, Trends, Top Companies, Verticals, Countries, Material, Application,
and Geography globally. This report will help the viewer in Better Decision Making.
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.
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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.
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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
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