Salicylic Acid Market Research Report- Forecast to 2027

Salicylic Acid Market Information-By Source artificial/synthetic and natural), By Applications (health care, food preservatives and cosmetics) and By Region - Forecast till 2027

ID: MRFR/CnM/1604-HCR | February 2021 | Region: Global | 132 pages

Synopsis of Salicylic Acid Market

Salicylic Acid Market more than 35% in 2015, due to rising demand for aspirin and pain killers for various diseases.Salicylic acid is obtained either from natural source i.e., bark of willow tree or artificial source i.e., carbolic acid.
The application of salicylic acid is vast which includes health care, food preservatives and cosmetics. Drivers of this market are, increasing health awareness in developing countries which is responsible for high demand of skin care products and hair products.  In addition to this sedentary lifestyle has increased the consumption of food and beverages where preservatives are added. However health care has accounted for the major share of the global 

Globally, North-America and Europe are leading markets for salicylic acid primarily due to large population in these regions. Asia- Pacific region is expected to grow by the CAGR of XX% in the forecast period. Busy lifestyles and increasing number of diseases are driving this market.  U.S. it is expected to reach USD XX million by 2022.

Study Objectives of Salicylic acid  Market:



  • Studying market overview of salicylic acid

  • Estimating the market size by source and by application

  • To provide insights about market drivers, restrains and opportunities

  • To provide the present market analysis and future outlook of the same with respect to North America, Europe, Asia-Pacific along with other parts of the world.

  • To analyze the present status and future growth of global salicylic acid market based on various factors which includes  supply chain analysis, Porters Five Force analysis etc.

  • To provide strategic profiling of key players in the market and broadly analyzing their core competencies

  • To evaluate competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments in the global salicylic acid market



Key Players

Key players of the global salicylic acid market are Alfa Aesar, Alta Laboratories, JM Loveridge Limited, Novocap, Siddharth Carbochem Products Ltd., Simco Chemicals, and Zhenjiang Gaopen Pharmaceutical Co. Ltd., Hebei Jingye Group, Shandong Xinhua Longxin Chemical Co. Ltd., Loveridge Ltd. and others. 

Reasons to buy



  • This report includes an in-depth study about salicylic acid market.

  • It covers market segmentation by source and by application.

  • It helps in identifying region wise major suppliers and understanding the consumption pattern related to salicylic market.

  • The report will provide useful and premium insights that will support detail study about the salicylic acid market and allied companies by providing detail on the fast growing segments and regions.

  • In addition, it will provide key findings that will help companies to improve profitability by using supply chain strategies and method of cost effectiveness related to various products mentioned in the report.

  • The data used in the report is primarily based on primary interview with major producing companies and industry experts which are supported by authentic industry data from secondary sources.



Intended Audience



  • Salicylic acid manufacturers

  • Traders and distributors of salicylic acid

  • Application industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Geographic Analysis 

The report covers brief analysis of geographical region such as:

North America



  • US

  • Canada



Europe



  • Germany

  • France

  • Italy

  • Netherlands

  • U.K.

  • Rest of Europe



APAC



  • China

  • India

  • Japan

  • Rest of Asia-Pacific



RoW



  • South America

  • Middle East

  • Africa



The report about global salicylic acid market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and growth, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size    2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Source artificial/synthetic and natural, By Applications and By Region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Alfa Aesar, Alta Laboratories, JM Loveridge Limited, Novocap, Siddharth Carbochem Products Ltd., Simco Chemicals, and Zhenjiang Gaopen Pharmaceutical Co. Ltd., Hebei Jingye Group, Shandong Xinhua Longxin Chemical Co. Ltd., Loveridge Ltd. and others
  Key Market Opportunities

  • Health care
  • Food preservatives
  • Cosmetics.
  •   Key Market Drivers

  • Increasing health awareness in developing countries
  • Increased the consumption of food and beverages


  • Frequently Asked Questions (FAQ) :


    Rising health awareness and increasing use in cosmetics, food preservatives, and healthcare industries are boosting market growth.

    Healthcare sector will dominate the salicylic acid market.

    Key competitors in the salicylic acid market include Loveridge Ltd, Shandong Xinhua Longxin Chemical Co. Ltd., Hebei Jingye Group, Zhenjiang Gaopen Pharmaceutical Co. Ltd., Simco Chemicals, Siddharth Carbochem Products Ltd., Novocap, JM Loveridge Limited, Alta Laboratories, and Alfa Aesar.

    Different strategies adopted by industry players to maintain dominance in the salicylic acid market include strategic alliances, collaborations, and product launches.

    It has extensive applications in cosmetics, food preservatives, and health care sectors.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of The Report

    2.1 Market Definition

    2.2 Scope of The Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Salicylic acid Market

    5 Industry Overview of Global Salicylic acid Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    5.5 Impact analysis

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global Salicylic acid Market by Region

    8. Global Salicylic acid Market by Source (Artificial/Synthetic and Natural)

    9. Global Salicylic acid Market by Applications (Health Care, Food Preservatives and Cosmetics)

    10. Competitive landscape

    11. Company Profiles

    11.1 Alfa Aesar

    11.1.1 Overview

    11.1.2 Financials

    11.1.3 Portfolio

    11.1.4 Business Strategies

    11.1.5 Recent Development

    11.2 Alta Laboratories

    11.2.1 Overview

    11.2.2 Financials

    11.2.3 Portfolio

    11.2.4 Business Strategies

    11.2.5 Recent Development

    11.3 JM Loveridge Limited

    11.3.1 Overview

    11.3.2 Financials

    11.3.3 Portfolio

    11.3.4 Business Strategies

    11.3.5 Recent Development

    11.4 Novocap

    11.4.1 Overview

    11.4.2 Financials

    11.4.3 Portfolio

    11.4.4 Business Strategies

    11.4.5 Recent Development

    11.5 Siddharth Carbochem Products Ltd

    11.5.1 Overview

    11.5.2 Financials

    11.5.3 Portfolio

    11.5.4 Business Strategies

    11.5.5 Recent Development

    11.6 Simco Chemicals

    11.6.1 Overview

    11.6.2 Financials

    11.6.3 Portfolio

    11.6.4 Business Strategies

    11.6.5 Recent Development

    11.7 Zhenjiang Gaopen Pharmaceutical Co.ltd

    11.7.1 Overview

    11.7.2 Financials

    11.7.3 Portfolio

    11.7.4 Business Strategies

    11.7.5 Recent Development

    11.8 Hebei Jingye Group

    11.8.1 Overview

    11.8.2 Financials

    11.8.3 Portfolio

    11.8.4 Business Strategies

    11.8.5 Recent Development

    11.9 Shandong Xinhua Longxin Chemical Co. Ltd

    11.9.1 Overview

    11.9.2 Financials

    11.9.3 Portfolio

    11.9.4 Business Strategies

    11.9.5 Recent Development

    11.10 Loveridge Ltd

    11.10.1 Overview

    11.10.2 Financials

    11.10.3 Portfolio

    11.10.4 Recent Development

    11 Conclusion

    LIST OF TABLES

    Table 1 World Population by Major Regions (2020 To 2030) (Million)

    Table 2 Global Salicylic acid Market: By Region, 2020-2027 (USD Million)

    Table 3 North America Salicylic acid Market: By Country, 2020-2027 (USD Million)

    Table 4 Europe Salicylic acid Market: By Country, 2020-2027 (USD Million)

    Table 5 Asia-Pacific Salicylic acid Market: By Country, 2020-2027 (USD Million)

    Table 6 RoW Salicylic acid Market: By Country, 2020-2027 (USD Million)

    Table 7 Global Salicylic acid for Source Market: By Regions, 2020-2027 (USD Million)

    Table 8 North America Salicylic acid for Source Market: By Country, 2020-2027 (USD Million)

    Table 9 Europe Salicylic acid for Source Market: By Country, 2020-2027 (USD Million)

    Table 10 Asia-Pacific Salicylic acid for Source Market: By Country, 2020-2027 (USD Million)

    Table 11 RoW Salicylic acid for Source Market: By Country, 2020-2027 (USD Million)

    Table 12 North America Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 13 Europe Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 14 Asia-Pacific Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 15 RoW Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 16 Global Salicylic acid End-Use Market: By Region, 2020-2027 (USD Million)

    Table 17 North America Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 18 Europe Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 19 Asia-Pacific Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 20 RoW Salicylic acid for End-Use Market: By Country, 2020-2027 (USD Million)

    Table 21 Global Source Market: By Region, 2020-2027 (USD Million)

    Table 22 Global End-Use Market: By Region, 2020-2027 (USD Million)

    Table 23 North America Salicylic acid Market, By Country (USD Million)

    Table 24 North America Salicylic acid Market, By Source (Million USD)

    Table 25 North America Salicylic acid Market, By End-Use (Million USD)

    Table 26 Europe: Salicylic acid Market, By Country (USD Million)

    Table 27 Europe: Salicylic acid Market, By Source (USD Million)

    Table 28 Europe: Salicylic acid Market, By End-Use (USD Million)

    Table 29 Asia-Pacific: Salicylic acid Market, By Country (USD Million)

    Table 30 Asia-Pacific: Salicylic acid Market, By Source (USD Million)

    Table 31 Asia-Pacific: Salicylic acid Market, By End-Use (USD Million)

    Table 32 RoW: Salicylic acid Market, By Country (USD Million)

    Table 33 RoW: Salicylic acid Market, By Source (USD Million)

    Table 34 RoW: Salicylic acid Market, By End-Use (USD Million)

    LIST OF FIGURES

    FIGURE 1 Global Salicylic acid market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Salicylic acid Market

    FIGURE 4 Value Chain of Global Salicylic acid Market

    FIGURE 5 Share of Global Salicylic acid Market in 2020, by country (in %)

    FIGURE 6 Global Salicylic acid Market, 2020-2027, (USD billion)

    FIGURE 7 Sub-segments of End-Use s

    FIGURE 8 Global Salicylic acid Market size by End-Use , 2020

    FIGURE 9 Share of Global Salicylic acid Market by End-Use , 2020 to 2027

    FIGURE 10 Global Salicylic acid Market size by Source, 2020

    FIGURE 11 Share of Global Salicylic acid Market by Source, 2020 to 2027