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Global Salicylic Acid Market Analysis & Trends - Industry Forecast to 2030

Publisher Accuray Research LLP
Published Jul 07, 2024
Length 200 Pages
SKU # AGLP19013853

Description

Global Salicylic Acid Market Analysis & Trends - Industry Forecast to 2030


Salicylic Acid: Market Size

From $553.14 million in 2024, the global Salicylic Acid market is projected to reach $1,062.88 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 11.5% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include rapid adoption for the cosmetics application segment, growing demand of salicylic acid in food & preservative industry and rising demand across Asia pacific region majorly in china, and India, because of development of the pharmaceutical industry.

Global Salicylic Acid Market: Market Dynamics
The factors such as the growing demand for salicylic acid in manufacturing haircare and cosmetic skincare products owing to growing consumer awareness regarding its benefits, and rising utilization of by-products of salicylic acid including methyl salicylate and chlorine salicylate for the joint and muscle pain are driving the market growth.

On the other hand, the stringent regulations regarding the permit limitation for salicylic acid in various products is likely to obstruct the profit boundaries.

Impact of COVID-19 on Salicylic Acid
The COVID-19 pandemic has had a twofold influence on salicylic acid market patterns as it has progressed. Initially, demand for salicylic acid fell dramatically in the first half of 2020, as the great majority of customers focused on stocking up on basic household items, resulting in lower sales of cosmetics and personal care products. Furthermore, government limitations imposed to slow the spread of the coronavirus caused severe supply chain and logistical disruptions, resulting in raw material shortages and manufacturing delays.

By Application

Food & Preservatives Segment is Growing at a Highest CAGR
The food and preservatives segment is expected to have lucrative growth in the forecast period due to increasing use of salicylic acid and its derivatives in the food and beverage industry to prevent spoilage and fermentation.

By Geography

Europe is Leading in the Global Market Place
Europe region is likely to have a huge demand in the forecast period due to a burgeoning skincare and haircare sector fueled by rising health and hygiene awareness in the region Additionally, rising use of aspirin to treat and prevent disorders like strokes and dementia among the elderly population is likely to fuel market expansion over the forecast period.

List of the Key Players Profiled in the Market Include:
• Alfa Aesar
• Zhenjiang Gaopeng Pharmaceutical Co. Ltd
• Hebei Jingye Group
• Shandong Xinhua Longxin Chemical Co. Ltd
• Siddharth Carbochem Products Ltd
• Thermo Fisher Scientific
• Alta Laboratories Ltd
• Merck & Co. Inc.
• J.M. Loveridge Ltd
• Spectrum Chemical Manufacturing Corp
• Seqens SAS
• Novacap
• Simco Chemicals Inc.

List of the Regions/Countries Profiled in the Market Include:
North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

Table of Contents

200 Pages
1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 Application Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Rapid Adoption for the Cosmetics Application Segment
4.1.2 Growing Demand of Salicylic Acid in Food & Preservative Industry
4.1.3 Rising Demand Across Asia Pacific Region Majorly in China, And India, Because of Development of the Pharmaceutical Industry
4.1.4 Growth Opportunities/Investment Opportunities
4.2 Drivers
4.3 Constraints
4.4 Impact of COVID-19
5 Market Factor Analysis
5.1 Porters Five Forces
5.1.1 Bargaining power of suppliers
5.1.2 Bargaining power of buyers
5.1.3 Threat of substitutes
5.1.4 Threat of new entrants
5.1.5 Competitive rivalry
5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research
6.1 Consumer trends and preferences
6.2 Factors affecting buying decision
6.3 Consumer product adoption
6.4 Observation & Recommendations
7 Salicylic Acid Market, By Type
7.1 Industrial Grade
DATA TABLE Industrial Grade Market Forecast to 2030 (US$ MN)
7.2 Pharmaceutical Grade
DATA TABLE Pharmaceutical Grade Market Forecast to 2030 (US$ MN)
8 Salicylic Acid Market, By Distribution Channel
8.1 Pharmacies
DATA TABLE Pharmacies Market Forecast to 2030 (US$ MN)
8.2 Grocery Stores
DATA TABLE Grocery Stores Market Forecast to 2030 (US$ MN)
8.3 Health Food Shops
DATA TABLE Health Food Shops Market Forecast to 2030 (US$ MN)
8.4 Internet Sales
DATA TABLE Internet Sales Market Forecast to 2030 (US$ MN)
8.5 Mail Order
DATA TABLE Mail Order Market Forecast to 2030 (US$ MN)
8.6 Direct Marketing Routes
DATA TABLE Direct Marketing Routes Market Forecast to 2030 (US$ MN)
9 Salicylic Acid Market, By Application
9.1 Pharmaceuticals
DATA TABLE Pharmaceuticals Market Forecast to 2030 (US$ MN)
9.1.1 Wart Remover
DATA TABLE Wart Remover Market Forecast to 2030 (US$ MN)
9.1.2 Antifungal
DATA TABLE Antifungal Market Forecast to 2030 (US$ MN)
9.1.3 Disinfectant
DATA TABLE Disinfectant Market Forecast to 2030 (US$ MN)
9.1.4 Antiseptic
DATA TABLE Antiseptic Market Forecast to 2030 (US$ MN)
9.1.5 Dentifrices
DATA TABLE Dentifrices Market Forecast to 2030 (US$ MN)
9.1.6 Scale Lifter
DATA TABLE Scale Lifter Market Forecast to 2030 (US$ MN)
9.1.7 Anti- Irritant
DATA TABLE Anti- Irritant Market Forecast to 2030 (US$ MN)
9.1.8 Ointment
DATA TABLE Ointment Market Forecast to 2030 (US$ MN)
9.2 Skin Care
DATA TABLE Skin Care Market Forecast to 2030 (US$ MN)
9.2.1 Moisturizer
DATA TABLE Moisturizer Market Forecast to 2030 (US$ MN)
9.2.2 Sunscreen
DATA TABLE Sunscreen Market Forecast to 2030 (US$ MN)
9.2.3 Acne Solution
DATA TABLE Acne Solution Market Forecast to 2030 (US$ MN)
9.3 Haircare
DATA TABLE Haircare Market Forecast to 2030 (US$ MN)
9.3.1 Shampoo
DATA TABLE Shampoo Market Forecast to 2030 (US$ MN)
9.3.2 Conditioner
DATA TABLE Conditioner Market Forecast to 2030 (US$ MN)
9.4 Food & Preservatives
DATA TABLE Food & Preservatives Market Forecast to 2030 (US$ MN)
9.5 Chemicals
DATA TABLE Chemicals Market Forecast to 2030 (US$ MN)
9.6 Fragrances
DATA TABLE Fragrances Market Forecast to 2030 (US$ MN)
10 Salicylic Acid Market, By Geography
10.1 North America
DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
10.1.1 US
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
10.2.1 Germany
10.2.2 U.K
10.2.3 Italy
10.2.4 France
10.2.5 Spain
10.2.6 Rest of Europe
10.3 Asia Pacific
DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 New Zealand
10.3.6 Rest of Asia Pacific
10.4 Middle East
DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
10.4.1 Saudi Arabia
10.4.2 UAE
10.4.3 Rest of Middle East
10.5 Latin America
DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Rest of Latin America
10.6 Rest of the World (RoW)
DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
10.6.1 South Africa
10.6.2 Others
11 Key Player Activities
11.1 Acquisitions & Mergers
11.2 Agreements, Partnerships, Collaborations and Joint Ventures
11.3 Product Launch & Expansions
11.4 Other Activities
12 Leading Companies
12.1 Alfa Aesar
12.2 Zhenjiang Gaopeng Pharmaceutical Co. Ltd
12.3 Hebei Jingye Group
12.4 Shandong Xinhua Longxin Chemical Co. Ltd
12.5 Siddharth Carbochem Products Ltd
12.6 Thermo Fisher Scientific
12.7 Alta Laboratories Ltd
12.8 Merck & Co. Inc.
12.9 J.M. Loveridge Ltd
12.10 Spectrum Chemical Manufacturing Corp
12.11 Seqens SAS
12.12 Novacap
12.13 Simco Chemicals Inc.
List of Tables
Table 1 Global Salicylic Acid Market By Region, Market Forecast (2022-2030) (US $MN)
Table 2 Global Salicylic Acid Market By Type, Market Forecast (2022-2030) (US $MN)
Table 3 Global Salicylic Acid Market By Industrial Grade, Market Forecast (2022-2030) (US $MN)
Table 4 Global Salicylic Acid Market By Pharmaceutical Grade, Market Forecast (2022-2030) (US $MN)
Table 5 Global Salicylic Acid Market By Distribution Channel, Market Forecast (2022-2030) (US $MN)
Table 6 Global Salicylic Acid Market By Pharmacies, Market Forecast (2022-2030) (US $MN)
Table 7 Global Salicylic Acid Market By Grocery Stores, Market Forecast (2022-2030) (US $MN)
Table 8 Global Salicylic Acid Market By Health Food Shops, Market Forecast (2022-2030) (US $MN)
Table 9 Global Salicylic Acid Market By Internet Sales, Market Forecast (2022-2030) (US $MN)
Table 10 Global Salicylic Acid Market By Mail Order, Market Forecast (2022-2030) (US $MN)
Table 11 Global Salicylic Acid Market By Direct Marketing Routes, Market Forecast (2022-2030) (US $MN)
Table 12 Global Salicylic Acid Market By Application, Market Forecast (2022-2030) (US $MN)
Table 13 Global Salicylic Acid Market By Pharmaceuticals, Market Forecast (2022-2030) (US $MN)
Table 14 Global Salicylic Acid Market By Wart Remover, Market Forecast (2022-2030) (US $MN)
Table 15 Global Salicylic Acid Market By Antifungal, Market Forecast (2022-2030) (US $MN)
Table 16 Global Salicylic Acid Market By Disinfectant, Market Forecast (2022-2030) (US $MN)
Table 17 Global Salicylic Acid Market By Antiseptic, Market Forecast (2022-2030) (US $MN)
Table 18 Global Salicylic Acid Market By Dentifrices, Market Forecast (2022-2030) (US $MN)
Table 19 Global Salicylic Acid Market By Scale Lifter, Market Forecast (2022-2030) (US $MN)
Table 20 Global Salicylic Acid Market By Anti- Irritant, Market Forecast (2022-2030) (US $MN)
Table 21 Global Salicylic Acid Market By Ointment, Market Forecast (2022-2030) (US $MN)
Table 22 Global Salicylic Acid Market By Skin Care, Market Forecast (2022-2030) (US $MN)
Table 23 Global Salicylic Acid Market By Moisturizer, Market Forecast (2022-2030) (US $MN)
Table 24 Global Salicylic Acid Market By Sunscreen, Market Forecast (2022-2030) (US $MN)
Table 25 Global Salicylic Acid Market By Acne Solution, Market Forecast (2022-2030) (US $MN)
Table 26 Global Salicylic Acid Market By Haircare, Market Forecast (2022-2030) (US $MN)
Table 27 Global Salicylic Acid Market By Shampoo, Market Forecast (2022-2030) (US $MN)
Table 28 Global Salicylic Acid Market By Conditioner, Market Forecast (2022-2030) (US $MN)
Table 29 Global Salicylic Acid Market By Food & Preservatives, Market Forecast (2022-2030) (US $MN)
Table 30 Global Salicylic Acid Market By Chemicals, Market Forecast (2022-2030) (US $MN)
Table 31 Global Salicylic Acid Market By Fragrances, Market Forecast (2022-2030) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.

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