Salicylic Acid Market Growth by Region, Industry share, Size, Trends, Opportunities and Top Market Players

-
The latest report by IMARC Group, titled “Salicylic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global salicylic acid market reached a value of US$ 371 Million in 2017. Salicylic acid is a water-soluble, organic crystalline solid which is derived from Salicin, an anti-inflammatory agent extracted from willow bark. It is naturally produced through the biosynthesis process of phenylalanine. Salicylic acid is also produced synthetically by treating sodium phenolate with carbon dioxide to yield sodium salicylate, which is later acidified using sulfuric acid to produce salicylic acid. The acid has keratolytic and anti-aging properties owing to which it is used as an important component in the manufacturing of personal care products. Apart from this, it is also utilized for food processing applications to prevent spoilage of packaged food products.
Get a free sample for this market study here: https://www.imarcgroup.com/request?type=report&id=932&flag=B

Market Trends:
Due to its anti-fungal, -pruritic and -microbial properties, salicylic acid is employed in several cosmetic products. Rising awareness about the benefits of salicylic acid-based skincare and haircare products is fueling the growth of the market. Moreover, salicylic acid helps in the treatment of numerous skin diseases owing to which it is increasingly being used in the pharmaceutical and healthcare sectors. In addition to this, salicylic acid is widely utilized as a commercial chemical in the production of aspirin. A rise in the outbreak of certain infectious diseases like common fever, cough and cold, along with the easy availability of the drug, is propelling the consumption of aspirin, thereby bolstering the growth of the salicylic acid market. Looking forward, the market is expanding at a CAGR of 5.6% during 2018-2023, reaching a value of US$ 514 Million by 2023.
Browse Full Toc Report: https://www.imarcgroup.com/salicylic-acid-market
Market Summary:
  • On the basis of applications, pharmaceuticals hold the majority of the global share, representing the leading segment. Pharmaceuticals is followed by personal care, and food and preservatives.
  • On a geographical front, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Currently, North America is the leading market for salicylic acid, accounting for the majority of the total market share.
  • On analyzing the import and export scenario of the market, it has been found that India is the largest importer, whereas China is the biggest exporter of salicylic acid.
  • The competitive landscape of the market has also been examined with the key players being Alfa Aesar, Alta Laboratories Ltd., JM Loveridge Limited, Novacap, Sigma-Aldrich and Siddharth Carbochem Products Ltd.
Market Breakup by Application
    1    Pharmaceuticals
    2    Personal Care
    3    Food & Preservatives
    4    Others
Market Breakup by Region
    1    Europe
    2    North America
    3    Asia Pacific
    4    Middle East & Africa
    5    Latin America
Imports and Exports
    1    Imports by Major Countries
    2    Exports by Major Countries
Salicylic Acid Manufacturing Process
    1    Product Overview
    2    Raw Material Requirements
    3    Manufacturing Process
    4    Key Success and Risk Factors
Competitive Landscape
    1    Market Structure
    2    Key Players
    3    Profiles of Key Players

About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US
IMARCGroup
Stuart Billy
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331
Linkedin: https://www.linkedin.com/company/imarc-group/
Location: New York, NY, USA

Comments

Post a Comment

Popular posts from this blog

European Frozen Seafood Market is Projected to witness Strong Growth during the Forecast Period

-
Image
According to the latest report by IMARC Group, titled “ European Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the  European frozen seafood market  reached a value of US$ 21.4 Billion in 2018, growing at a CAGR of 3.7% during 2011-2018. The European continent is intricately linked with the sea and seafood products form a quintessential part of the regional cuisine. These products serve as a rich source of proteins, micronutrients and essential fatty acids, and are low in fat. They are known to promote heart health, ease the symptoms of arthritis, maintain healthy eyesight, and preserve skin moisture, along with offering innumerable other health benefits. As these products are highly perishable, they require freezing for extending their shelf-life. The freezing process employs advanced techniques like cryofreezing to freeze the products below 200? C. This helps in sealing the flavor and nutrients in the food products fo...
Read more

Xylitol Market to Reach US$ 1,225 Million by 2025 , Industry Overview, Growth Rate and Forecast

-
As per the latest report by IMARC Group, titled “ Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the  global  xylitol market   size  reached US$ 875 Million in 2019. Xylitol is a sugar alcohol with a crystalline and granular structure and sweetness, which is comparable to sucrose. Also known as wood sugar, it is derived from xylose that occurs naturally in various fruits and vegetables. On a commercial scale, xylitol can be produced by chemical and biotechnological processes. With the rising health-consciousness, consumers are willing to spend more on natural sweeteners, such as xylitol, as it has around 75% fewer carbohydrates and 40% lesser calories as compared to table sugar. Request for a free sample copy of this report:  https://www.imarcgroup.com/xylitol-market/requestsample Global Xylitol Market Trends: Xylitol finds applications in numerous industries ranging from food and beverage (F&B...
Read more

$ 533.4 Billion Warehousing and Storage Market - Driving Factors, Key Players and Growth Opportunities by 2024

-
Image
According to the latest report by IMARC Group, titled “ Warehousing and Storage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the  global warehousing and storage market size  reached US$ 397.3 Billion in 2018. A warehouse refers to a storage space that is used for stocking finished and semi-finished goods, raw materials, and import and export products. Warehousing and storage services help manufacturers in protecting the goods from pests and insects as well as ensuring a smooth flow of production and distribution activities. At present, the demand for these services is experiencing a rise on account of factors such as the evolving e-commerce sector, the growing popularity of frozen food items and the emerging trend of outsourcing warehousing services. Request for a free sample copy of this report:   https://www.imarcgroup.com/warehousing-and-storage-market/requestsample Global Warehousing and Storage Market Trends: ...
Read more