The latest research report on Salicylic Acid Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Global Salicylic Acid Market is valued at USD 282.5Million in 2018 and expected to reach USD 492.1Million by 2025 with the CAGR of 8.25% over the forecast period.
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Scope of Global Salicylic Acid Market Report-
Salicylic acid is an organic white crystalline solid w ith the chemical formula C7H6O3. It can be derived naturally from plants such as willow tree and salix or can be produced synthetically from sodium phenolate and carbon dioxide. It is a medication used most commonly to help remove the outer layer of the skin. As such, it is used to treat warts, psoriasis, acne, ringworm, dandruff, and ichthyosis.Salicylic acid is a key ingredient in many skincare products for the treatment of seborrhoeic dermatitis, acne, psoriasis, calluses, corns, keratosis pilaris, acanthosis nigricans, ichthyosis and warts. It is also used for manufacturing hair care and skincare products as it nourishes the skin, treats acne on oily skin, removes dead skin cells and lessens skin discoloration.
Global Salicylic AcidMarket report is segmented on the basis of product, application and by regional & country level. Based upon product, salicylic acid market is classified intofood grade, pharmaceutical grade and other. Based upon application, salicylic acid market is classified into pharmaceutical, food and preservatives, cosmetics and others.
The regions covered in this Salicylic Acidmarket report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Salicylic Acidis sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players of Global Salicylic AcidMarket Report-
Salicylic Acidmarket report covers prominent playersareHebei Jingye Group, J.M. Loveridge, Novacap, Rishabh Metals and Chemicals, Samrat Remedies, Alta Laboratories, Zhenjiang Gaopeng, Shandong Binzhou Zhiyuan Biological Technology, Siddharth Carbochem, Simco QC, Shandong Xinhua Longxin Chemical andothers.
News–
Cosmetics Boostedthe Sales of Acne-Fighting Salicylic Acid
May 16th, 2014;The use of salicylic acid, a multifunctional ingredient that addresses many of the systemic causes of blemishes, is on the rise in acne treatments and related cosmetics, and as per a study, this growth is set to continue.
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Global Salicylic Acid Market Dynamics–
Increase in the prevalence of chronic acne vulgaris in adults and teenagers, owing to sedentary lifestyles and increased consumption of fast food items, may accelerate the salicylic acid demand. According to the National Center for Health Statistics report, during 2013–2016, 36.6% of adults consumed fast food on a given day. The percentage of adults who consume fast food decreased with age: 44.9% aged 20–39, 37.7% aged 40–59, and 24.1% aged 60 and over.In addition, increasing cases of cardiovascular diseases are also supplementing the growth of global Salicylic Acid market. According to the WHO, globally, it is estimated that 3.17 million deaths were caused by the disease in 2015 (that is, 5% of all deaths globally in that year).However, high price for skin care products may restrain the growth of salicylic acid product market. In spite of that, growing consumption of derivatives of salicylic acid, such as chlorine salicylate and methyl salicylate and joint pain, can create various opportunities for the further growth of themarket.
Global Salicylic AcidMarket Regional Analysis–
North America and Europeare expected to capture the significant share of the global salicylic acid market with the potential rate due tothe rising cases of neurological diseasessuch as Huntington’s disease& Alzheimer’s will helps in growth of the salicylic acid market.In California, U.S. over 160 thousand people were diagnosed with Alzheimer’s disease in 2018.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period due to a rise in the number of human infectious diseases has created an attractive market for salicylic acid. According to IDSA report, In the Asia-Pacific region, the risks of HAIs have been estimated to be 2–20 times higher than in developed countries, with up to 25% of hospitalized patients reported to have acquired infections.
Key Benefits for Global Salicylic Acid Market Report–
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identify opportunities in market place.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
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Global Salicylic Acid Market Segmentation:–
By Product:
Food Grade
Pharmaceutical Grade
Other
By Application:
Pharmaceutical
Food and Preservatives
Cosmetics
Others
By Regional & Country Analysis:(North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1 Study Coverage
1.1 Salicylic Acid Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Salicylic Acid Market Size
2.2 Salicylic Acid Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for Salicylic Acid Markets & Products
3 Market Size by Manufacturers
3.1 Salicylic Acid Production by Manufacturers
3.2 Salicylic Acid Revenue by Manufacturers
3.3 Salicylic Acid Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Salicylic Acid Production by Regions
4.1 Global Salicylic Acid Production by Regions
4.2 North America
4.3 Europe
4.4 China
4.5 Japan
5 Salicylic Acid Consumption by Regions
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