Market Overview

Salicylic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - ResearchAndMarkets.com

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The "Salicylic
Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023"
report has been added to ResearchAndMarkets.com's
offering.

The global salicylic acid market reached a value of US$ 371 Million in
2017.

In the pharmaceutical industry, salicylic acid is extensively used to
manufacture a number of medicines such as acetylsalicylic acid
(aspirin), phenyl salicylate, salicylic acid amine, methyl salicylate
and sodium salicylate. Growth in the demand for these medicines due to a
rise in the number of human infectious diseases has created an
attractive market for salicylic acid.

Moreover, it is used for manufacturing haircare and skincare products as
it nourishes the skin, treats acne on oily skin, removes dead skin cells
and lessens skin discoloration. Increasing demand for these products
owing to consumer's awareness is propelling the market growth worldwide.
Additionally, growing consumption of derivatives of salicylic acid, such
as chlorine salicylate and methyl salicylate as a liniment for muscle
and joint pain, is further expected to boost its demand.

Looking forward, the market value is projected to exceed US$ 514 Million
by 2023, expanding at a CAGR of more than 5.6% during 2018-2023.

Market Summary:

  • On the basis of application, pharmaceuticals represent the largest
    segment, followed by personal care, and food & preservatives.
  • Region-wise, the market has been segmented into North America, Asia
    Pacific, Europe, Middle East & Africa, and Latin America.
  • On assessing the import and export scenario of the market, it is found
    that India and China are the biggest importer and exporter of
    salicylic acid, respectively.

The competitive landscape of the market has also been examined
with some of the key players being

  • Alfa Aesar
  • Alta Laboratories Ltd
  • JM Loveridge Limited
  • Novacap
  • Sigma Aldrich
  • Siddharth Carbochem Products Ltd

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Salicylic Acid Market

6 Market Breakup by Application

7 Market Breakup by Region

8 Imports and Exports

9 Salicylic Acid Manufacturing Process

10 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/d9txnf/salicylic_acid?w=4

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