Press release
Global Salicylic Acid Market Valued at USD 455.47 Million in 2023, Projected to Reach USD 653.82 Million by 2030, Growing at a CAGR of 5.3%
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐๐ง๐๐ฌ, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐๐๐ ๐๐ง๐ ๐๐๐ฒ๐จ๐ง๐The global salicylic acid market, valued at USD 525.1 million in 2023, is projected to experience significant growth, reaching an estimated USD 872.7 million by 2030, growing at a CAGR of 7.4% over the forecast period. This growth is driven by the increasing demand for salicylic acid in skincare and pharmaceutical products, as well as its expanding use in agriculture and food preservation.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐ค๐ข๐ง๐๐๐ซ๐ ๐๐ง๐ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐๐ฌ ๐๐๐ฆ๐๐ง๐ : Salicylic acid is widely used in the cosmetic industry for acne treatment and skincare products, which continues to drive market growth.
๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ฌ๐๐ฌ : The growing awareness and use of salicylic acid in pain-relieving medications, anti-inflammatory treatments, and wound care products are contributing to its demand.
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ : Its use as a plant growth regulator and in pesticide formulations is increasing, fueling market expansion.
๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Vietnam's growing cosmetics and skincare industry is one of the major drivers for the increasing demand for salicylic acid in the country. With a strong consumer focus on skincare, especially among the younger demographic, Vietnam presents significant opportunities for salicylic acid suppliers.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ : Vietnamese consumers are becoming more health-conscious, pushing the demand for skincare products containing salicylic acid. Companies like ๐๐๐ง๐จ๐ข ๐๐ก๐๐ซ๐ฆ๐ ๐๐ง๐ ๐๐จ๐๐๐ซ๐ข ๐๐ข๐๐ญ๐ง๐๐ฆ are key players in expanding the availability of pharmaceutical products that include salicylic acid.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ : Major cosmetic brands in Vietnam are incorporating salicylic acid into their acne treatment lines, creating an uptick in market demand.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/24889/
๐๐ก๐๐ข๐ฅ๐๐ง๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Thailand's cosmetics and personal care market is rapidly expanding, which is driving the demand for salicylic acid-based products. The growing trend of self-care and organic products is further propelling the market.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก : As the demand for natural and effective acne treatments increases, the salicylic acid market in Thailand is expected to grow substantially. Companies like ๐๐ก๐๐ข ๐๐ญ๐ฌ๐ฎ๐ค๐ ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐จ a leader in the country's pharmaceutical industry, are incorporating salicylic acid into their offerings.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ : Thai cosmetic brands like ๐๐๐๐ง๐ญ๐ข๐จ ๐๐ง๐ ๐๐๐ฆ๐ฎ ๐๐ข๐๐ are expanding their skincare lines to include salicylic acid, meeting the demand for acne and blemish solutions.
๐๐๐ฉ๐๐ง ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
Japan, a leader in skincare innovation and cosmetic technology, is witnessing strong demand for salicylic acid, particularly in the treatment of acne and psoriasis. The country's advanced pharmaceutical and skincare industries are fueling market growth.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง : With high awareness of skincare among consumers, Japan's demand for salicylic acid-based products remains robust. ๐๐ก๐ข๐ฌ๐๐ข๐๐จ ๐๐ง๐ ๐๐๐ง๐๐๐จ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐๐ฌ
are some of the leading companies in Japan that use salicylic acid for their acne treatment products.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ : Japan's cosmetic giants are increasingly focusing on organic ingredients, and salicylic acid is gaining popularity as a natural solution for acne treatment.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง
South Korea's booming beauty and skincare industry, coupled with a high demand for functional ingredients, has led to an increased use of salicylic acid in local products. The market is witnessing continued growth due to the popularity of K-beauty products.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐ : The demand for anti-aging and acne treatment products is expected to drive salicylic acid consumption. ๐๐ฆ๐จ๐ซ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ ๐๐ ๐๐จ๐ฎ๐ฌ๐๐ก๐จ๐ฅ๐ & ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐
are increasingly formulating salicylic acid into their product lines, boosting the market.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ : South Korea's focus on innovative and high-quality skincare products, combined with the popularity of K-beauty internationally, is expected to lead to continued expansion in the salicylic acid market.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Singapore's strong pharmaceutical and cosmetics sectors are fueling the demand for salicylic acid, particularly in the skincare segment. As a hub for regional manufacturing, Singapore plays an important role in the salicylic acid supply chain.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ : Singapore is witnessing mergers and acquisitions as larger multinational companies acquire local firms specializing in active ingredients like salicylic acid for skincare products. This consolidation strengthens the market and supports product development.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ: ๐๐๐๐ ๐๐ง๐ ๐๐จ๐ฐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ Are expanding their operations in Singapore, focusing on the production of pharmaceutical-grade salicylic acid for use in both skincare and healthcare products.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The United States continues to dominate the global salicylic acid market, driven by the growing skincare industry, particularly the popularity of acne treatments. The increasing number of skincare brands utilizing salicylic acid is driving the market.
Growth in the U.S.: The U.S. remains the largest consumer of salicylic acid-based products, with brands like Neutrogena, Proactiv, and Aveeno leading the charge. The increasing number of acne-related skincare products incorporating salicylic acid is further propelling the market.
M&A Activity: Major mergers and acquisitions, such as Johnson & Johnson's acquisition of small skincare firms specializing in acne treatments, are expected to drive further growth in the salicylic acid market in the U.S.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Europe's increasing demand for natural and organic skincare products is driving the salicylic acid market. With a growing focus on acne treatment and skin exfoliation, European countries are seeing rising demand for salicylic acid-based formulations.
Opportunities in Europe: Companies in Germany, France, and the UK are focusing on sustainable and dermatologically-tested formulations, using salicylic acid in a variety of skincare products. BASF and Solvay are major suppliers of salicylic acid in the region.
Key Developments: Europe's regulatory frameworks and certifications for organic ingredients are making it easier for salicylic acid suppliers to enter the market, particularly in the growing demand for natural skincare solutions.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
๐๐๐๐ has recently acquired ๐๐จ๐ ๐ง๐ข๐ฌ,a leading supplier of active ingredients for the skincare industry, to strengthen its position in the salicylic acid market.
๐๐จ๐ฅ๐ฏ๐๐ฒ has entered into a partnership with regional players to expand its production of salicylic acid in Southeast Asia, particularly focusing on the rapidly growing markets of Thailand and Vietnam.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/24889/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐ ๐จ๐ซ๐ฆ
Liquid
Powder
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Pharmaceutical
Based on Application, the market is sub-segmented into Pharmaceutical, Food & preservatives and Cosmetics. The pharmaceutical industry's constant and expanding demand is propelling the industry forward. Salicylic acid is an antibacterial and anti-inflammatory substance. It can be used as a fungicide as well. As a result, salicylic acid is widely used to treat common skin problems like acne, pimples, and psoriasis. Because it is antimicrobial, it can also be used as an antiseptic and disinfectant. It works as a pain reliever because of its anti-inflammatory effects. Because of the product's diverse pharmacological properties, the salicylic acid market is expected to grow steadily in the future years, owing to the rising prevalence of skin infections and illnesses such as arthritis, spondylitis, and migraine. The product's use in the production of aspirin, one of the world's most popular pharmaceuticals, is also helping the sector. The esterification of salicylic acid and acetic anhydride, with sulphuric acid acting as a catalyst, produces aspirin, which is used to alleviate pain, swelling, fever, and other inflammations.
Food & preservatives
Cosmetics
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/request-sample/24889/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ :
1. Alfa Aesar
2. Alta Laboratories Ltd.
3. JM Loveridge Limited
4. Novacap
5. Sigma Aldrich
6. Siddharth Carbochem Products Ltd
7. Zhenjiang Gaopeng Pharmaceutical Ltd.
8. Hebei Jingye Group
9. Avnochem Limited
10. Zhenjiang Maoyuan Chemical Co. Ltd.
11. Shandong Xinhua Pharmaceutical Co. Ltd.
12. Simco Chemicals
13. Thermo Fisher Scientific
14. Merck & Co Inc
15. Loveridge Ltd
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฅ๐ข๐๐ฒ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ :
What is Salicylic Acid ?
What is the growth rate of the Salicylic Acid Market?
Which are the factors expected to drive the Salicylic Acid market growth?
What is the CAGR at which the Salicylic Acid market will grow during the forecast period?
What are the different segments of the Salicylic Acid Market?
Which is the fastest growing region in the Salicylic Acid market?
What growth strategies are the players considering to increase their presence in Salicylic Acid ?
What are the upcoming opportunities and trends for the Salicylic Acid Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Salicylic Acid Market?
Who are the leading companies and what are their portfolios in Salicylic Acid Market?
What segments are covered in the Salicylic Acid Market?
Who are the key players in the Salicylic Acid market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/contact-us/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
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The Surprising Skin Benefits of Salicylic Acid Products
When most people think of salicylic acid products, they imagine any of the many acne treatments that you'll find online. It's only natural that they do, as this is their main purpose. However, did you know that there are a number of other benefits you get to enjoy when using them?
Whether you struggle with rough skin, blackheads, or even dandruff, these products contain ingredients which can be a real game-changerโฆ
Salicylic Acid Market - Industry Trends and Forecast to 2029
The salicylic acid market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the salicylic acid market will project a CAGR of 6.8% for the forecast period of 2022-2029.
Salicylic acid is basically a colorless crystalline organic acid that belongs to the group of the aspirin and even have the ability to enhance the moisture in the skin and canโฆ
Salicylic Acid Market Industry Analysis - Salicylic Acid Market Size Driven by R โฆ
The most recent study offered by Acumen Research and Consulting focuses Salicylic Acid Market size, share, growth rate, and market trends, as well as the parameters and factors influencing it in both the long term and short term. The report investigates the Salicylic Acid Market trends in order to assess its current and future potential. Our Salicylic Acid Market analysis also provides market participants and new entrants with a comprehensiveโฆ
Global Salicylic Acid Market: Ken Research
Salicylic acid is a lipophilic monohydroxybenzoic acid and a beta hydroxy acid with the formula C7H6O3. Salicylic acid is utilized primarily as an intermediate in the introduction of agrochemical products, dyes, and colorants, as well as in the rubber industry and in the production of phenolic resins. Salicylic acid is also a momentous compound in industrial sectors involving pharmaceuticals, personal care and cosmetics.
According to the report analysis, 'Global Salicylicโฆ
Salicylic Acid Masks Market Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Salicylic Acid Masks analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025.
โGlobal Salicylic Acid Masks Market 2020-2025โ Research Report categorizes the global Salicylic Acid Masks by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, marketโฆ