The Global Salicylic Acid Market is estimated to grow from USD 2.94 Billion in 2016 to USD 3.87 Billion by 2030, at a CAGR of 4.5% during the forecast period from 2021 to 2030. The market is driven by the increasing demand for both industrial grade and pharmaceutical grade of salicylic acid from industries such as food & preservatives, pharmaceuticals, and cosmetics across the globe. The growing awareness about skin diseases has also resulted in the growing demand for salicylic acid-based products such as acne treatment products in Asia Pacific region and Middle East & Africa region. However, high production costs of raw materials used for producing salicylic acid are hampering growth rate of this market during forecast period.
By Type: Industrial Grade accounted for around 60% share in 2016 due to its high demand among large scale industries which include food & preservatives, pharmaceuticals, and cosmetics industries followed by Pharmaceutical Grade with 30%. By Application: Food & Preservative industry accounted for over 50% share in 2016 followed by Pharmaceutical Industry with 40%. By Region: North America dominated this market with over 50% share in 2016 due to higher penetration rates of various end user industries including food & preservative industry followed by Europe that accounted for 35%, while Asia Pacific is estimated to register a CAGR of 4% during forecast period owing to growth potential offered by countries such as India and China where many people suffer from skin problems like acne.
The key players in Global Salicylic Acid Market are BASF SE (Germany), DSM N.V. (Netherlands), The Dow Chemical Company (US), Eastman Chemical Company, Inc (US), and Evonik Industries AG;Agrochemicals Division of Evonik Industries AG (Germany). The US, Canada, Mexico, Brazil are the leading countries in this region.
Industry Growth Insights published a new data on “Salicylic Acid Market”. The research report is titled “Salicylic Acid Market research by Types (Industrial Grade, Pharmaceutical Grade), By Applications (Food & Preservatives, Pharmaceutical, Cosmetics, Others), By Players/Companies Alfa Aesar, Alta Laboratories, JM Loveridge, Novocap, Siddharth Carbochem Products, Simco Chemicals, Zhenjiang Gaopeng Pharmaceutical, Hebei Jingye, Shandong Xinhua Longxin, Huayin Jinqiancheng”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Salicylic Acid Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade
By Application
Food & Preservatives, Pharmaceutical, Cosmetics, Others
By Companies
Alfa Aesar, Alta Laboratories, JM Loveridge, Novocap, Siddharth Carbochem Products, Simco Chemicals, Zhenjiang Gaopeng Pharmaceutical, Hebei Jingye, Shandong Xinhua Longxin, Huayin Jinqiancheng
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Salicylic Acid Market Report Segments:
The global Salicylic Acid market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Preservatives, Pharmaceutical, Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alfa Aesar
- Alta Laboratories
- JM Loveridge
- Novocap
- Siddharth Carbochem Products
- Simco Chemicals
- Zhenjiang Gaopeng Pharmaceutical
- Hebei Jingye
- Shandong Xinhua Longxin
- Huayin Jinqiancheng
Highlights of The Salicylic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Pharmaceutical Grade
- By Application:
- Food & Preservatives
- Pharmaceutical
- Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Salicylic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Salicylic acid is a beta hydroxy acid that is found in many plants and fruits. It helps to break down the skin's surface so that it can be shed more easily. Salicylic acid also helps to reduce inflammation and redness.
Some of the major companies in the salicylic acid market are Alfa Aesar, Alta Laboratories, JM Loveridge, Novocap, Siddharth Carbochem Products, Simco Chemicals, Zhenjiang Gaopeng Pharmaceutical, Hebei Jingye, Shandong Xinhua Longxin, Huayin Jinqiancheng.
The salicylic acid market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Salicylic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Salicylic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Salicylic Acid Market - Supply Chain
4.5. Global Salicylic Acid Market Forecast
4.5.1. Salicylic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Salicylic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Salicylic Acid Market Absolute $ Opportunity
5. Global Salicylic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Salicylic Acid Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Salicylic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Salicylic Acid Market Size and Volume Forecast by Application
6.3.1. Food & Preservatives
6.3.2. Pharmaceutical
6.3.3. Cosmetics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Salicylic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Salicylic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Salicylic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Salicylic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Salicylic Acid Demand Share Forecast, 2019-2026
9. North America Salicylic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Salicylic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Salicylic Acid Market Size and Volume Forecast by Application
9.4.1. Food & Preservatives
9.4.2. Pharmaceutical
9.4.3. Cosmetics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Salicylic Acid Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Salicylic Acid Demand Share Forecast, 2019-2026
10. Latin America Salicylic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Salicylic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Salicylic Acid Market Size and Volume Forecast by Application
10.4.1. Food & Preservatives
10.4.2. Pharmaceutical
10.4.3. Cosmetics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Salicylic Acid Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Salicylic Acid Demand Share Forecast, 2019-2026
11. Europe Salicylic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Salicylic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Salicylic Acid Market Size and Volume Forecast by Application
11.4.1. Food & Preservatives
11.4.2. Pharmaceutical
11.4.3. Cosmetics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Salicylic Acid Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Pharmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Aalysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Salicylic Acid Demand Share, 2019-2026
12. Asia Pacific Salicylic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Salicylic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Salicylic Acid Market Size and Volume Forecast by Application
12.4.1. Food & Preservatives
12.4.2. Pharmaceutical
12.4.3. Cosmetics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Salicylic Acid Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Salicylic Acid Demand Share, 2019-2026
13. Middle East & Africa Salicylic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Salicylic Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Salicylic Acid Market Size and Volume Forecast by Application
13.4.1. Food & Preservatives
13.4.2. Pharmaceutical
13.4.3. Cosmetics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Salicylic Acid Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Salicylic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Salicylic Acid Market: Market Share Analysis
14.2. Salicylic Acid Distributors and Customers
14.3. Salicylic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alfa Aesar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alta Laboratories
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JM Loveridge
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Novocap
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siddharth Carbochem Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Simco Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zhenjiang Gaopeng Pharmaceutical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hebei Jingye
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shandong Xinhua Longxin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huayin Jinqiancheng
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
