Press release
Premium Salicylic Acid Market worth $69 Million by 2022 : North America is expected to dominate the market
Premium Salicylic Acid Market
According to a new report published by Allied Market Research, titled, World Premium Salicylic Acid (>$30/KG) Market by Application - Global Opportunity Analysis and Industry Forecast, 2014 - 2022 the premium salicylic acid market was valued at $43 million in 2015 and is expected to reach $69 million by 2022, growing at a CAGR of 6.1% from 2016 to 2022. Pharmaceuticals is the dominant application segment for premium grade salicylic acid, which accounted for major share of the global market in terms of both volume and revenue. North America is expected to dominate the market throughout the forecast period.
Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/2276?utm_source=OPR
The premium salicylic acid market is driven by factors such as increasing usage of salicylic acid in dermatological treatment, growing demand for aspirin drug, and rising scope of applications in personal care products. Premium grade salicylic acid is used in pharmaceutical sector for production of high quality ultra-expensive products. Premium salicylic acid can be conjugated with other pharmaceutical ingredients such as resorcinol, sulfur, benzoic acid and coal tar to produce effective and efficient products. They are majorly employed in production of aspirin which is an anti-inflammatory drug widely used as a painkiller and to treat ailments such as dementia, strokes especially among the aging population. Owing to the keratolytic, comedeolytic and anti-inflammatory properties, premium salicylic acid is used in production of some premium skincare and hair care products.
Premium salicylic acid effectively treats chronic plaque psoriasis, especially when it is being used as an adjunctive therapy. It is also used for treatment of diseases like ichthyoses, verruca and keratoderma as it possesses ability to soften the wound and exfoliate the stratum corneum. Overexposure to salicylic acid can cause severe skin dryness, heavy breathing, blistering, hearing impairment and dizziness. The pharmaceuticals segment is expected to grow further attributing to its growing usage in manufacturing of active pharmaceutical ingredients and chemical intermediates.
Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/2276?utm_source=OPR
Key Findings of the Premium Salicylic Acid (>$30/KG) Market:
• In terms of revenues, Asia-Pacific is the fastest growing region in world premium salicylic acid market, growing at a high CAGR of 7.5% from 2016 to 2022.
• Mexico is the fastest growing region in North America premium salicylic acid market, growing at a CAGR of 7.6% from 2016 to 2022.
• Brazil accounts for 80.4 % share in LAMEA premium salicylic acid market in 2015.
• Dentifrices accounts for 26.5% share in world PC pharmaceutical grade premium salicylic acid market in 2015.
• Anti-irritant is the fastest growing segment in PC pharmaceutical grade premium salicylic acid market, growing at a CAGR of 6.9% from 2016 to 2022.
• Spain is the fastest growing country in Europe premium salicylic acid market, registering a CAGR of 7.0% during the forecast period.
North America and Asia-Pacific jointly contributed more than one-third share of the world premium salicylic acid market revenue in 2015. In the same year, Europe accounted for the second largest share in the premium salicylic acid market due to the high demand for premium salicylic acid products from the pharmaceutical and skin care industries. Skincare is one of the fastest growing industries in Europe, increasing applications of salicylic acid in the skin care sector is the key driver of the premium salicylic acid market in this region.
Asia-Pacific is the fastest growing market for premium salicylic acid in the world, due to increasing demand in the pharmaceutical & cosmetics industries, for shampoos, lotions, creams, moisturizers, and oral care lotions. China, Japan, and India are the major contributors to the growth of this region. Large-scale use of premium salicylic acid for different dermatological conditions and increase in production of salicylic acid derivatives such as aspirin, sodium salicylate, and salicylic acid amine for use in pharmaceutical sector are the major drivers of the market in this region. Rapid development of new technologies has led to increase in the number of patents registered for salicylic acid in this region.
About us
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Premium Salicylic Acid Market worth $69 Million by 2022 : North America is expected to dominate the market here
News-ID: 1357065 • Views: …
More Releases from Allied Market Research
Peanut Oil Market to garner $15,684.70 million by 2032, registering at a CAGR of …
Peanut oil market size was valued at $10,099.80 million in 2022 and is projected to reach $15,684.70 million by 2032, registering a CAGR of 4.6% from 2023 to 2032.
As the cost of living continues to rise, consumer lifestyles are evolving leading to a noticeable trend toward hosting and dining at home rather than going out. This shift is playing a key role in increasing the demand for peanut oil. Peanut…
Global Sandwich Panels Market to Generate $39.16 Billion by 2031: Dana Group, 3A …
According to the report published by Allied Market Research, the global sandwich panels market garnered $20.21 billion in 2021, and is estimated to generate $39.16 billion by 2031, manifesting a CAGR of 6.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in…
Brushless DC Motor Market to Reach $72.24 Billion by 2030, Growing at 8.1% CAGR …
Allied Market Research recently published a report, titled, "Brushless DC Motors Market by Rotor type (Inner Rotor, Outer Rotor), by Power range (0-750 W, 751 W- 3 KW, More Than 3 KW), by Speed (Less Than 500 RPM, 501 To 2000 RPM, 2001 To 10,000 RPM, More Than 10,000 RPM), by End user (Industrial Machinery, Automotive, Healthcare, HVAC Industry, Power tools, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030". As…
Service Robotics Market to Reach $293.0 Billion, Globally, by 2032 at 24.3% CAGR …
Allied Market Research published a report, titled, "Service Robotics Market by Type (Professional Service Robotics, and Personal Service Robotics), and Application (Agriculture, Professional Cleaning, Inspection and Maintenance, Construction and Demolition, Transportation and Logistics, Medical, Search, Rescue, And Security, Hospitality, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.". According to the report, the global service robotics industry generated $21.0 billion in 2020, and is anticipated to generate $293.0 billion by…
More Releases for Premium
Premium Dedicated Proxy - Unmatched Exclusivity with Oculus Premium Dedicated Pr …
In today's increasingly data-centric world, enterprises are pushing the boundaries of automation, web intelligence, and digital security. Central to these evolving needs is the demand for fast, private, and reliable internet access. For companies that rely on uninterrupted, large-scale data extraction and secure browsing, shared IP infrastructures are simply no longer viable. This has led to a rise in the adoption of premium proxy solutions-particularly exclusive IP resources that deliver…
Premium Pets, Premium Nutrition: Inside the USD 332M Freeze-Dried Pet Food Surge
The home freeze-dried pet food industry represents one of the fastest growing segments within the global pet nutrition market due to increasing pet ownership worldwide, rising humanization of companion animals, and expanding demand for premium, nutritionally superior food products. Freeze drying, also known as lyophilization, preserves pet food by removing moisture under low temperature and pressure, enabling longer shelf life, superior nutrient retention, and convenient storage features that align strongly…
Introducing Premium Bail Bonds
Bartow, FL - 8/20/2023 - Premium Bail Bonds, a dynamic and dedicated player in the bail bond industry, is excited to announce its official launch in Bartow, FL. With a steadfast commitment to serving the local community, Premium Bail Bonds aims to redefine the standards of professionalism, reliability, and unwavering support.
Boasting a team of seasoned experts with extensive knowledge of the legal landscape, Premium Bail Bonds is poised to be…
Mighty Travels Premium
Haven't you wondered why online travel search always started with the same input that a few travel websites first started with in 1996? Two airport codes and two dates and a big search button - where has the innovation been since?
What if we could search by price instead and find trips that are inspiring and sometimes luxurious where we would like to go? The world has changed and flexible schedules…
Sydney Premium Detailing
Operating for more than 12 years, Sydney Premium Detailing provides services such as Paint Protection, Paint Protection Film (Clear Bra), Paint Correction and Interior & Wheel Protection.
Operating for more than 12 years, Sydney Premium Detailing provides services such as Paint Protection, Paint Protection Film (Clear Bra), Paint Correction and Interior & Wheel Protection.
Sydney Premium Detailing
7/3 Salisbury Rd, Castle Hill, NSW 2154…
Paint Colors & Trim Market Growth and Analysis by Major Top Vendors are BEHR Pre …
ResearchReportsInc.com adds a new 2018-2023 Global Paint Colors & Trim Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Paint Colors & Trim Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis…
