Global Salicylic Acid Market – Industry Analysis and Forecast (2020-2027) – by Application, and Region.

Market Scenario

Global Salicylic Acid Market was valued at US$ XX Mn in 2019, and is expected to reach US$ XX Mn by 2027, at a CAGR of XX % during forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Salicylic Acid market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Salicylic Acid market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Salicylic acid is a monohydroxybenzoic acid originated from plants such as willow tree and salix. It is broadly used as a wart remover, antiseptic, pain reliever, disinfectant and food preservative around the globe owing to its anti-inflammatory, comedolytic, fungicidal, anti-microbial and keratolytic properties. Salicylic acid is a significant compound in various industrial sectors including pharmaceuticals and cosmetics owing to its expanding applications in treatment of diseases such as psoriasis, acne, dandruff and others. Main products produced using salicylic acid in pharmaceutical sector include acetylsalicylic acid, salicylic acid amine, methyl salicylate, phenyl salicylate and sodium salicylate. Aspirin (acetylsalicylic acid) is the most significant product manufactured using salicylic acid. The manufacturing process of aspirin involves esterification of acetic anhydride and salicylic acid in presence catalyst which is sulfuric acid. Aspirin is a synthetic drug widely used to relieve pain, inflammation and reduce fever. Salicylic acid plays important role in hair care and skincare industry as it is widely used in treatment of inflammatory and dermatological diseases. Growing use of salicylic acid and its byproducts in the food and beverage industry to prevent spoilage and fermentation is expected to convert into increase market demand. Furthermore, growing the use of salicylic acid as preservatives to extend the shelf-life of products such as sauces, beer, and wine is expected to augment the demand for salicylic acid products. The cosmetics industry is estimated to witness increasing demand for salicylic acid due to high demand for facial creams and acne reduction preparations. Furthermore, the market is expected to witness an increasing demand for shampoos and conditioners that are used to treat various hair conditions. Contact to large amounts salicylic acid has found to be harmful to the skin and can result in severe dryness, blistering, and skin irritation. The increasing use of byproducts of salicylic acid such as methyl salicylate and chlorine salicylate as a liniment for joint and muscle pain and for relieving pain caused by mouth ulcers is expected to drive the market growth over the forecast period. However, growing awareness regarding the harmful effects of excessive consumption of the compound has led the regulatory bodies such as the Food and Drug Administration (FDA) to enforce stringent regulations regarding the maximum permissible limit for salicylic acid in various products, thus limiting its growth over the next eight years. Geographically, Asia Pacific region is expected to witness the highest growth as compared to other regions. India and China are the biggest importer and exporter of salicylic acid in Asia pacific region. Europe accounted for the substantial market shares, owing to a growing skincare and hair care industry driven by increasing awareness about health and hygiene in the region. The market in Latin America is also expected to exhibit high growth over the forecast period.

Scope of the Salicylic Acid Market

Global Salicylic Acid Market, by Application

• Pharmaceutical • Food & preservatives • Cosmetics

Global Salicylic Acid Market, by Region

• North America • Europe • Asia-Pacific • Middle East & Africa • South America

Key Players operating in the Global Salicylic Acid Market

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

Table of Contents

Global Salicylic Acid Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary 3.1. Global Salicylic Acid Market Size, by Market Volume (MT) And Market Value (US$ Mn), By Region 4. Market Overview 4.1. Introduction 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side And Demand Side Indicators 6. Global Salicylic Acid Market Analysis and Forecast 6.1. Global Salicylic Acid Market Analysis and Forecast 6.2. Global Salicylic Acid Market Size& Y-o-Y Growth Analysis 6.2.1. North America 6.2.2. Europe 6.2.3. Asia Pacific 6.2.4. Middle East & Africa 6.2.5. South America 7. Global Salicylic Acid Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Salicylic Acid Market Size (US$ Mn) Forecast, by Application 7.4. Global Salicylic Acid Market Value Share Analysis, by Application 7.5. Global Salicylic Acid Market Attractiveness Analysis, by Application 8. Global Salicylic Acid Market Analysis, by Region 8.1. Global Salicylic Acid Market Size (US$ Mn) Forecast, by Region 8.2. Global Salicylic Acid Market Value Share Analysis, by Region 8.3. Global Salicylic Acid Market Attractiveness Analysis, by Region 9. North America Salicylic Acid Market Analysis 9.1. North America Salicylic Acid Market Overview 9.2. North America Salicylic Acid Market Value Share Analysis, by Application 9.3. North America Salicylic Acid Market Forecast, by Application 9.3.1. Pharmaceutical 9.3.2. Food & preservatives 9.3.3. Cosmetics 9.4. North America Salicylic Acid Market Value Share Analysis, by Country 9.5. North America Salicylic Acid Market Forecast, by Country 9.5.1. U.S. 9.5.2. Canada. 9.6. U.S. Salicylic Acid Market Forecast, by Application 9.6.1. Pharmaceutical 9.6.2. Food & preservatives 9.6.3. Cosmetics 9.7. Canada Salicylic Acid Market Forecast, by Application 9.7.1. Pharmaceutical 9.7.2. Food & preservatives 9.7.3. Cosmetics 9.7.4. North America Salicylic Acid Market Attractiveness Analysis, By Application 9.8. PEST Analysis 9.9. Key Trends 9.10. Key Developments 10. Europe Salicylic Acid Market Analysis 10.1. Key Findings 10.2. Europe Salicylic Acid Market Overview 10.3. Europe Salicylic Acid Market Value Share Analysis, by Application 10.4. Europe Salicylic Acid Market Forecast, by Application 10.4.1. Pharmaceutical 10.4.2. Food & preservatives 10.4.3. Cosmetics 10.5. Europe Salicylic Acid Market Forecast, by Country 10.5.1. Germany 10.5.2. U.K. 10.5.3. France 10.5.4. Italy 10.5.5. Spain 10.5.6. Rest of Europe 10.6. Europe Salicylic Acid Market Analysis, by Country/ Sub-region 10.7. Germany Salicylic Acid Market Forecast, by Application 10.7.1. Pharmaceutical 10.7.2. Food & preservatives 10.7.3. Cosmetics 10.8. U.K. Salicylic Acid Market Forecast, by Application 10.8.1. Pharmaceutical 10.8.2. Food & preservatives 10.8.3. Cosmetics 10.9. France Salicylic Acid Market Forecast, by Application 10.9.1. Pharmaceutical 10.9.2. Food & preservatives 10.9.3. Cosmetics 10.10. Italy Salicylic Acid Market Forecast, by Application 10.10.1. Pharmaceutical 10.10.2. Food & preservatives 10.10.3. Cosmetics 10.11. Spain Salicylic Acid Market Forecast, by Application 10.11.1. Pharmaceutical 10.11.2. Food & preservatives 10.11.3. Cosmetics 10.12. Rest of Europe Salicylic Acid Market Forecast, by Application 10.12.1. Pharmaceutical 10.12.2. Food & preservatives 10.12.3. Cosmetics 10.13. Europe Salicylic Acid Market Attractiveness Analysis 10.13.1. By Application 10.14. PEST Analysis 10.15. Key Trends 10.16. Key Developments 11. Asia Pacific Salicylic Acid Market Analysis 11.1. Key Findings 11.2. Asia Pacific Salicylic Acid Market Overview 11.3. Asia Pacific Salicylic Acid Market Value Share Analysis, by Application 11.4. Asia Pacific Salicylic Acid Market Forecast, by Application 11.4.1. Pharmaceutical 11.4.2. Food & preservatives 11.4.3. Cosmetics 11.5. Asia Pacific Salicylic Acid Market Value Share Analysis, by Country 11.6. Asia Pacific Salicylic Acid Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. ASEAN 11.6.5. Rest of Asia Pacific. 11.7. Asia Pacific Salicylic Acid Market Analysis, by Country/ Sub-region 11.8. China Salicylic Acid Market Forecast, by Application 11.8.1. Pharmaceutical 11.8.2. Food & preservatives 11.8.3. Cosmetics 11.9. India Salicylic Acid Market Forecast, by Application 11.9.1. Pharmaceutical 11.9.2. Food & preservatives 11.9.3. Cosmetics 11.10. Japan Salicylic Acid Market Forecast, by Application 11.10.1. Pharmaceutical 11.10.2. Food & preservatives 11.10.3. Cosmetics 11.11. ASEAN Salicylic Acid Market Forecast, by Application 11.11.1. Pharmaceutical 11.11.2. Food & preservatives 11.11.3. Cosmetics 11.12. Rest of Asia Pacific Salicylic Acid Market Forecast, by Application 11.12.1. Pharmaceutical 11.12.2. Food & preservatives 11.12.3. Cosmetics 11.13. Asia Pacific Salicylic Acid Market Attractiveness Analysis 11.13.1. By Application 11.14. PEST Analysis 11.15. Key Trends 11.16. Key Developments 12. Middle East & Africa Salicylic Acid Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Salicylic Acid Market Overview 12.3. Middle East & Africa Salicylic Acid Market Value Share Analysis, by Application 12.4. Middle East & Africa Salicylic Acid Market Forecast, by Application 12.4.1. Pharmaceutical 12.4.2. Food & preservatives 12.4.3. Cosmetics 12.5. Middle East & Africa Salicylic Acid Market Value Share Analysis, by Country 12.6. Middle East & Africa Salicylic Acid Market forecast, by Country 12.6.1. GCC. 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Salicylic Acid Market Analysis, by Country/ Sub-region 12.8. GCC Salicylic Acid Market Forecast, by Application 12.8.1. Pharmaceutical 12.8.2. Food & preservatives 12.8.3. Cosmetics 12.9. South Africa Salicylic Acid Market Forecast, by Application 12.9.1. Pharmaceutical 12.9.2. Food & preservatives 12.9.3. Cosmetics 12.10. Rest of Middle East & Africa Salicylic Acid Market Forecast, by Application 12.10.1. Pharmaceutical 12.10.2. Food & preservatives 12.10.3. Cosmetics 12.11. Middle East & Africa Salicylic Acid Market Attractiveness Analysis 12.11.1. By Application 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Developments 13. South America Salicylic Acid Market Analysis 13.1. Key Findings 13.2. South America Salicylic Acid Market Overview 13.3. South America Salicylic Acid Market Value Share Analysis, by Application 13.4. South America Salicylic Acid Market Forecast, by Application 13.4.1. Pharmaceutical 13.4.2. Food & preservatives 13.4.3. Cosmetics 13.5. South America Salicylic Acid Market Value Share Analysis, by Country 13.6. South America Salicylic Acid Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Rest of South America 13.7. South America Salicylic Acid Market Analysis, by Country/ Sub-region 13.8. Brazil Salicylic Acid Market Forecast, by Application 13.8.1. Pharmaceutical 13.8.2. Food & preservatives 13.8.3. Cosmetics 13.9. Mexico Salicylic Acid Market Forecast, by Application 13.9.1. Pharmaceutical 13.9.2. Food & preservatives 13.9.3. Cosmetics 13.10. Rest of South America Salicylic Acid Market Forecast, by Application 13.10.1. Pharmaceutical 13.10.2. Food & preservatives 13.10.3. Cosmetics 13.11. South America Salicylic Acid Market Attractiveness Analysis 13.11.1. By Application 13.12. PEST Analysis 13.13. Key Trends 13.14. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.3. Company Profiles: Key Player 14.3.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 14.3.2. New Product Launches and Product Enhancements 14.3.3. Market Consolidation 14.3.3.1. M&A by Regions, Investment and Applications 14.3.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3.4. Company Profiles: Key Players 14.3.5. Alfa Aesar 14.3.5.1. Company Overview 14.3.5.2. Financial Overview 14.3.5.3. Product Portfolio 14.3.5.4. Business Strategy 14.3.5.5. Recent Developments 14.3.5.6. Manufacturing Footprint 14.3.6. Alta Laboratories Ltd. 14.3.7. JM Loveridge Limited 14.3.8. Novacap 14.3.9. Sigma Aldrich 14.3.10. Siddharth Carbochem Products Ltd 15. Primary Key Insights

About This Report

Report ID 24889
Category Material & Chemical
Published Date Jan 2020
No of Pages 303
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