Salicylic Acid Market - Share, Size, Forecast (2019-2025) - PowerPoint PPT Presentation

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Salicylic Acid Market - Share, Size, Forecast (2019-2025)

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Title: Salicylic Acid Market - Share, Size, Forecast (2019-2025)


1
Salicylic Acid Market
  • Size, By Application (Pharmaceutical, Food and
    Preservative, Cosmetics and Others) and By Region
    (North America, Europe, Asia Pacific and Rest of
    the World)

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2
Global Salicylic Acid Market Size and
Share-Global Forecast to 2025
  • Adroit Market Research studied Global Salicylic
    Acid Market Size, By Application
    (Pharmaceuticals, Food and Preservative,
    Cosmetics and Others) and By Region (North
    America, Europe, Asia Pacific and Rest of the
    World). The global salicylic acid market analysis
    include industry trends, opportunities, drivers
    and restrains. The study includes value chain,
    Patent and PORTERS analysis of the market. The
    study cover analysis of growing application of
    salicylic acid and rules and regulations of
    government and industry association on the
    permissible use. This coupled with competitive
    landscape of the major players in the global
    salicylic acid market we, have the forecast of
    the volume and value till 2025.
  • The global salicylic acid market is expected to
    reach USD 616 million and 175,201.8 tons volume
    by 2025. Characteristics such as
    anti-inflammatory, anti-sceptic and
    anti-bacterial along with others have gained
    tremendous traction in pharmaceutical application
    and are driving the growth of the global
    salicylic acid market during the forecast period.
    Further, increased demand for skin care products
    along with food preservatives is driving the
    market growth of the global salicylic acid
    market.
  • Frozen foods and ready to eat food drinks
    products have surged in demand across the globe
    owing to its convenience. Salicylic acid which is
    anti-bacterial and anti-fungal is now being
    largely used in food as a preservative to
    increase the shelf-life of the product. Thus,
    food and preservative application are expected to
    grow at the fastest CAGR of 7.2 in volume
    consumption in the global salicylic acid market.

3
Global Salicylic Acid Market Size and
Share-Global Forecast to 2025
  • Pharmaceutical applications are expected to have
    the largest market share of 44 in volume
    consumption and to be valued at USD 271 million
    by 2025. Research and developments have shown the
    application of salicylic acid in cancer
    treatments. Thus, many pharma players who are
    investing heavily in cancer drugs and treatments
    are expected to boost the demand for salicylic
    acid driving the global salicylic acid market
    growth.
  • Overuse of salicylic acid in cosmetic products
    can damage the skin rather than preventing the
    damage. Hence many rules and regulation by
    government and industry association are expected
    to impact the growth of this segment in the
    global salicylic acid market. For instance,
    permissible use of salicylic acid in cosmetics
    and skin care products such as moisturizers,
    shampoos, shower gels, creams, and conditioners
    is about 0.5 to 2 according to the current
    industry standards.
  • Asia Pacific is expected to grow with the CAGR of
    7.9 in volume consumption and the value is
    expected to reach USD 149 million by 2025. Skin
    care products coupled with foods and
    preservatives are anticipated to surge, driving
    the growth of the region in the global salicylic
    acid market.
  • Rest of the world which includes countries such
    UAE, Mexico and Saudi Arabia are projected to be
    international destinations for medical
    treatments. This is expected to drive the growth
    of the salicylic acid in pharmaceutical segment
    in the region. Further, in UAE and Saudi Arabia,
    a surge in demand for cosmetic products is
    expected, this is anticipated to drive the
    salicylic acid growth in the region. Thus, the
    rest of the world is forecasted to grow at the
    fastest CAGR of 9.3 in value reaching USD 81
    million by 2025 in the global salicylic acid
    market.

4
Global Salicylic Acid Market Size and
Share-Global Forecast to 2025
  • Application Overview, 2015-2025 (USD million)
    (Tons)
  • Pharmaceutical
  • Food and Preservative
  • Cosmetics
  • Others
  • Regional Overview, 2015-2025 (USD million) (Tons)
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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