Salicylic Acid Market Report 2019: Industry Overview, Growth Rate and Forecast 2024

Global Salicylic Acid Market Research Report, Upcoming Trends, Demand and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Global Salicylic Acid Market Overview: As per the latest report by IMARC Group, titled “ Salicylic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, the global salicylic acid market size reached US$ 391 Million in 2018 . Salicylic acid (C7H6O3), chemically known as ortho-hydroxybenzoic acid, is an odorless white crystalline solid that is naturally derived from salix and willow tree. It can also be synthetically produced using carbon dioxide and sodium phenolate. It has fungicidal, keratolytic, comedolytic, antiinflammatory and anti-microbial properties that help in lowering the pH value of stratum corneum, the outermost layer of the skin. Owing to its favorable properties, salicylic acid finds numerous applications in the food, cosmetic, healthcare, personal care and pharmaceutical industries across the globe.

Global Salicylic Acid Market Trends Salicylic acid is widely utilized in the pharmaceutical industry for manufacturing medicines, such as methyl salicylate, phenyl salicylate, sodium salicylate, salicylic acid amine and acetylsalicylic acid (aspirin). A rise in the demand for these medicines, in confluence with the increasing cases of infectious diseases among individuals, is boosting the overall sales of salicylic acid around the world.

Report Description and Highlights

157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Million US$

in Million US$

Report Description

180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

This, along with the burgeoning personal care industry, is anticipated to impel the market growth in the coming years. On account of these factors, the market value is projected to reach US$ 540 Million by 2024, expanding at a CAGR of 5.5% during the forecast period (2019-2024).

Request to get free sample report: https://www.imarcgroup.com/salicylic-acid-market/requestsample

Report Description and Highlights

Report Description

Apart from this, as it nourishes and exfoliates the skin, removes dead skin cells and minimizes skin discoloration, it is widely used as an active ingredient in various personal care products. For instance, it is used in facial cleansers, serums, creams and ointments for clearing and treating acne and skin blemishes. It is also employed for treating skin conditions that involve scaling or overgrowth of skin cells, such as corns, calluses, psoriasis, and ichthyoses dandruff.

Key Market Segmentation: Market Segmentation by Application • • • •

Pharmaceuticals Personal Care Food & Preservatives Others

Based on the application, the market has been classified into pharmaceuticals, personal care, food and preservatives, and others. Amongst these, the pharmaceutical sector accounts for the majority of the total market share.

Report Description and Highlights

Report Description

c-anhydride-market-report

ajor markets include Europe, Asia

Report Description and Highlights

Report Description

On assessing the import and export scenario of the market, it has been found that India and China are the leading importers and exporters of salicylic acid, respectively.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • •

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

Browse Related Report Methanol Market Report: https://www.imarcgroup.com/methanol-technical-material-market-report Xylitol Market Report: https://www.imarcgroup.com/xylitol-market

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

Š 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com