Salicylic Acid Market Set To Rise in the Period from 2014 - 2022 | J.M. Loveridge Ltd., Alfa Aesar, Simco Chemicals, Alta Laboratories, Zhenjiang Gaopeng Pharmaceutical Co. Ltd., Siddharth Carbochem Products Ltd

Industry Trend Analysis:
The Salicylic Acid Market was valued around USD 0.28 Billion in 2014 and is expected to reach roughly USD 0.46 Billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 5.49% during the forecast period due to the growing demand of salicylic acid for production of cosmetic, hair care and skincare products on account of rising awareness among customers regarding benefits of it. Salicylic acid is widely used in the production of aspirin. Growing aspirin tablets consumption owing to better pain relieving together with easy accessibility of the medicines is anticipated to boost its demand. Though, growing concerns about the fallouts of aspirin are projected to hinder the growth of the market.

Competitive Outlook and Trend Analysis:
The major market players for the global salicylic acid market are; J.M. Loveridge Ltd., Alfa Aesar, Simco Chemicals, Alta Laboratories, Zhenjiang Gaopeng Pharmaceutical Co. Ltd., Siddharth Carbochem Products Ltd., and Novocap SA. The key product buyers include skincare and haircare manufacturers like St. Ives, Clean & Clear, and Neutrogena, pharma companies like Bayer, and preservatives & food manufacturers like Mondelez, Tyson, and Heinz. The market is classified by acquisitions and mergers as strategies to expand market share. For example, an Argentina-based salicylic acid manufacturer, Novocap SA bought salicylic acid and acetaminophen business of Rhodia Specialty Chemicals to establish a new company named as Novacyl, in a shift to augment its market share existence and market share.

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The global salicylic acid market is segmented as follows –
By Application:
Pharmaceuticals
PC
Wart Remover
Disinfectant
Antifungal
Dentifrices
Antiseptic
Anti-irritant
OTC
Scale Lifter
Ointment
Skin Care
Moisturizer
Sunscreen
Acne Solution
Hair Care
Conditioner
Shampoo
Food Preservatives & Others

Regional Segment Analysis:
North America: U.S, Canada, Mexico
Europe: Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific: Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World: Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

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The growth of the gas & oil industry in the United States and the Middle East is likely to augment the phenol availability as a staple. Additionally, increasing discovery & output of tight oil and shale gas is anticipated to amplify the phenol supply that in turn is projected to boost the demand over the forecast years. Though, contact to the large quantity of salicylic acid has discovered to be injurious to the skin and also it can cause skin irritation, blistering, and severe dryness. Growing awareness among consumer regarding the side effects of salicylic acid is prone to push customers towards organically derived yield including thyme, grape juice, tea tree oil, and rosemary which can be utilized as a substitute of salicylic acid, hence hampering the general growth of the market.

Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Salicylic Acid Market, By Application
5.Salicylic Acid Market, By Region
6.Company Profiles
6.1.Thermo Fisher Scientific Inc.
6.2.JM Loveridge Limited
…
6.8.Spectrum Chemicals & Laboratory Products
6.9.Avantor Performance Materials
6.10.Salicylates And Chemicals Pvt. Ltd.

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The Global Salicylic Acid Market was influenced by pharmaceutical applications due to rising utilization of salicylic acid based medicines for the management of several skin related diseases and also for cardiovascular illnesses and Hughes disorder. The preservatives and food section is anticipated to demonstrate an elevated growth rate of around 7% during forecast period. Rising applications of salicylic acid, as well as its by-products in the beverage and food industry to avoid fermentation and spoiling, is likely to turn into amplifying market demand. Besides, increasing utilization as preservatives of salicylic acid to extend product’s shelf-life such as wine, beer, and sauces is anticipated to enhance the salicylic acid product demand. The cosmetics industry is expected to experience growing salicylic acid demand owing to the elevated demand for acne reduction preparations and facial creams.

List of Figures
Figure 1.Salicylic Acid Market Share, By Application, 2014 & 2022 ($Million)
Figure 4.Salicylic Acid Market, By Region, 2016, ($Million)
Figure 5.Thermo Fisher Scientific Inc.: Net Revenues, 2014-2016 ($Million)
Figure 6.Thermo Fisher Scientific Inc.: Net Revenue Share, By Segment, 2016
Figure 7.Thermo Fisher Scientific Inc.: Net Revenue Share, By Geography, 2016
...

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