Salicylic Acid Market Capacity, Production, Growth Rate, Revenue and Forecast (2020-2025)

San Francisco, 25 May 2020 — “Salicylic Acid Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and Africa), Product, By Application And Segment Forecasts To 2025”

Global Salicylic Acid Market size is expected to value at USD 547.5 million by 2024. The market is subject to witness a substantial growth due to the rising demand for salicylic acid in production of various cosmetic and haircare products and increasing consumer awareness associated with advantages of salicylic acid. Factors responsible for rapid market growth of salicylic acid industry, in the recent years, include increasing adoption of salicylic acid for production of aspirin under low costs of manufacturing.

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Additionally, rising demand for aspirin tablets better known for their pain relieving capability and cost-effectiveness are predicted to drive the market demand for salicylic acid in the upcoming years. Globally, the salicylic acid market is predicted to grow at high CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the salicylic acid market.

However, the prevailing side effects due to excessive use or regular intake of aspirin is predicted to limit the market growth to a certain extent. Furthermore, a highly fragmented market coupled with less number of manufacturers and changing cost of the products are restraining the market progress, in recent years. Robust growth in the oil and gas industry, particularly in the Middle East and North America region and extensive availability of phenol as a raw material are anticipated to boost the manufacturing of salicylic acid. Additionally, rising exploration activities and manufacturing of shale gas and tight oil is projected to surge in overall the supply of phenol, thereby driving the growth of salicylic acid market in the upcoming years.

This report studies the global Salicylic Acid market status and forecast, categorizes the global Salicylic Acid market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.

This research report offers a comprehensive analysis of key elements of the Salicylic Acid Market such as potential top key Manufacturers along with their strengths and weaknesses. The Salicylic Acid Market report also comprises some useful strategies and scenario for the new players in the market. While forecasting the growth of the global Salicylic Acid market, various statistical tools were utilized to get an accurate result of the Demographic data.

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Table of Contents

Chapter 1 Salicylic Acid Market Overview

1.1 Salicylic Acid Definition

1.2 Salicylic Acid Market Size Status and Outlook (2013-2028)

1.3 Global Salicylic Acid Market Size Comparison by Region (2013-2028)

1.4 Global Salicylic Acid Market Size Comparison by Type (2013-2028)

1.5 Global Salicylic Acid Market Size Comparison by Application (2013-2028)

1.6 Global Salicylic Acid Market Size Comparison by Sales Channel (2013-2028)

1.7 Salicylic Acid Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/ Expansion)

Chapter 2 Salicylic Acid Market Segment Analysis by Player

Chapter 3 Salicylic Acid Market Segment Analysis by Type

And Continue…

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Salicylic Acid Market 2019 Global Trends, Size, Segment and Industry Growth by Forecast to 2025

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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