Global Salicylic Acid Market Growth Analysis, Emerging Trends, Business Strategy, Future Prospects a

Market Overview:

Salicylic acid is an organic white crystalline solid which is highly soluble in water. It is derived from the metabolism of Salicin, which is an anti-inflammatory agent extracted from willow bark. Salicylic acid is produced naturally from certain plants and can also be produced synthetically. It can be produced naturally through a biosynthesis process of phenylalanine—an amino acid found in certain plants. Salicylic acid is produced synthetically by treating sodium phenolate, at high pressure and high temperature, with carbon dioxide to yield sodium salicylate, which is later acidified using sulfuric acid to yield salicylic acid. Salicylic acid is a multifunctional ingredient that has pain-relieving and anti-inflammatory properties. It is mainly used in manufacturing aspirin and other personal care products. Consumption of aspirin is increasing in emerging economies of Asia Pacific, which has resulted in the growth of the salicylic acid market at an annual growth rate of 8% in the recent past

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Global Salicylic Acid Market Taxonomy:

The global Salicylic Acid market is classified on the basis of the following segments:

• Application

  • Pharmaceuticals

    • Wart remover

    • Disinfectant

    • Antifungal

    • Dentifrices

    • Antiseptic

    • Anti-irritant

    • Scale lifter

    • Ointment

  • Skincare

    • Moisturizer

    • Sunscreen

    • Acne solution

  • Hair care

    • Conditioner

    • Shampoo

  • Food preservatives

Fragmented Market:

The Global Salicylic Acid market is highly fragmented due to the participation of many established and emerging players in the digital genome market. Major players involved in the market include Alfa Aesar (U.K.), Alta Laboratories Ltd. (India), Hebei Jingye Group (China), JM Loveridge Limited (U.K.), Novacap (France), Shadong Xinhua Longxin Chemical Co., Ltd. (China), Siddharth Carbochem Products Ltd. (India), Simco Chemical Inc. (Canada), Zhenjiang Gaopeng Pharmaceutical Co., Ltd. (China).

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