Salicylic Acid Market Growth and Forecast by 2027

The Global Salicylic Acid Market is projected to grow at a CAGR of 7.2% from USD 416.3 million in 2019 to USD 731.4 million in 2027.

The Global Salicylic Acid Market is projected to grow at a CAGR of 7.2% from USD 416.3 million in 2019 to USD 731.4 million in 2027. The increasing usage of topical medicines rehabilitating inflammation, skin irritation, and acne solution especially, along with the growing usage of salicylic acid in food preservation, are the primary reasons the market is predominantly being driven. Besides, extensive growth of the cosmetic personal care industries and proliferating usage of sunscreen anti-acne products are the consistent propellers of this market.

Top Companies Operating in the Global Salicylic Acid Market:

Alta Laboratories, Zhenjiang Gaopeng Pharmaceutical Co. Ltd., Siddharth Carbochem Products Ltd., Novocap, Simco Chemicals, J.M. Loveridge Ltd., Alfa Aesar GmbH Co KG., Shandong Xinhua Pharmaceutical Co. Ltd., Hebei Jingye Group, and Avnochem Limited

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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth

The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.

Table of Contents:

  1. Report Overview 
    1.1 Research Scope
    1.2 Key Salicylic Acid market segments
    1.3 Major players
    1.4 Market analysis by product type
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends
    2.1 Global Salicylic Acid market size
    2.2 Latest regional market trends
    2.3 Emerging growth trends
  3. Competitive Outlook
    3.1 Global Salicylic Acid market key players
    3.2 Global Salicylic Acid size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Salicylic Acid market
    3.5 Mergers, acquisitions, joint ventures, and other strategic alliances

Read full Report Description @ https://www.reportsanddata.com/report-detail/salicylic-acid-market

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

Salicylic Acid Market Segmentation

Application Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

  • Preservation
  • Anti-Inflammation
  • Antifungal
  • Moisturizing
  • Acne Solution Sun-screening
  • Dentifrices
  • Antiseptic
  • Others

Grade Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

  • Pharmaceutical
  • Industrial

Sales Channel Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

  • Online Retails
  • Offline Retails

End-Use Verticals Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

  • Pharmaceuticals
  • Food Beverage
  • Personal Care
  • Chemicals
  • Others

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