Title: Salicylic Acid Market - Forecast (2022-2027) (1)
1Salicylic Acid Market - Forecast (2022 2027)
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Salicylic Acid Market size is forecast to reach
888.32 million by 2025, after growing at a CAGR
of 6.5 during 2020-2025. The increasing use of
salicylic acid and its by-products in the food
and beverage industry and in skincare products is
expected to turn into increased market demand to
avoid spoilage and fermentation. Salicylic
acid (from Latin salix, willow tree) is a
lipophilic monohydroxybenzoic acid, a type of
phenolic acid, and a beta hydroxy acid (BHA).
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- Key Takeaways
- North America dominates the Salicylic Acid market
owing to the cosmetic industry as it is one of
the key ingredient to have anti-inflammatory and
antimicrobial properties. - Salicylic acid is widely used in the treatment of
many common dermatological conditions because of
its keratoplastic properties. - Furthermore, growing 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 increasing use of byproducts of salicylic
acid is expected to drive the market growth over
the forecast period.
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By Distribution Channel- Segment
Analysis Cosmetic Industry accounts for the
highest market share in the global market and is
expected to grow with the CAGR of 5.5 over the
forecast period from 2020 to 2025. Salicylic acid
used as preservative up to 0.5 in cosmetic
products. At a level up to 1 in leave-on hair
products and up to 2 salicylic acid is used in
leave-on cosmetics products for its exfoliating
and cleansing properties and in rinse-off
products. The global cosmetics market continued
to grow steadily, spurred on by consumer demand
and rapid innovation. In 2018, 5.5 percent of
growth was registered in cosmetics market
globally. With North America being the largest
consumer globally.
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Salicylic Acid Market Industry Outlook Alfa
Aesar Gmbh Co KgAlta Laboratory LtdHebei Jingye
GroupJ M Loveridge LtdNovacapShandong Xinhua
Longxin Chemical Co LtdSiddharth Carbochem
Product LtdSimco QcZhenjiang Gaopeng
Pharmaceutical Co , Ltd
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Salicylic Acid Market - Forecast
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