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Salicylic Acid Market 2019 Key Trends, Manufacturers in Globe, Benefits, Opportunities to 2025
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Adroit Market Research Salicylic Acid Market Salicylic Acid Market Size, By Application (Pharmaceutical, Food and Preservative, Cosmetics and Others) and By Region (North America, Europe, Asia Pacific and Rest of the World) Single Use License: US$ 4800 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Salicylic Acid Global Salicylic Acid Market Size Market Size and Share and Share- -Global Forecast to 2025 Global Forecast to 2025 • Adroit Market Research studied Global Salicylic Acid Market Size, By Application (Pharmaceuticals, Food and Preservative, Cosmetics and Others) and By Region (North America, Europe, Asia Pacific and Rest of the World). The global salicylic acid market analysis include industry trends, opportunities, drivers and restrains. The study includes value chain, Patent and PORTER’S analysis of the market. The study cover analysis of growing application of salicylic acid and rules and regulations of government and industry association on the permissible use. This coupled with competitive landscape of the major players in the global salicylic acid market we, have the forecast of the volume and value till 2025. • The global salicylic acid market is expected to reach USD 616 million and 175,201.8 tons volume by 2025. Characteristics such as anti-inflammatory, anti-sceptic and anti-bacterial along with others have gained tremendous traction in pharmaceutical application and are driving the growth of the global salicylic acid market during the forecast period. Further, increased demand for skin care products along with food preservatives is driving the market growth of the global salicylic acid market. • Frozen foods and ready to eat food & drinks products have surged in demand across the globe owing to its convenience. Salicylic acid which is anti-bacterial and anti-fungal is now being largely used in food as a preservative to increase the shelf-life of the product. Thus, food and preservative application are expected to grow at the fastest CAGR of 7.2% in volume consumption in the global salicylic acid market. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Salicylic Acid Market Size and Share Global Salicylic Acid Market Size and Share- -Global Forecast to 2025 Global Forecast to 2025 • Pharmaceutical applications are expected to have the largest market share of 44% in volume consumption and to be valued at USD 271 million by 2025. Research and developments have shown the application of salicylic acid in cancer treatments. Thus, many pharma players who are investing heavily in cancer drugs and treatments are expected to boost the demand for salicylic acid driving the global salicylic acid market growth. • Overuse of salicylic acid in cosmetic products can damage the skin rather than preventing the damage. Hence many rules and regulation by government and industry association are expected to impact the growth of this segment in the global salicylic acid market. For instance, permissible use of salicylic acid in cosmetics and skin care products such as moisturizers, shampoos, shower gels, creams, and conditioners is about 0.5% to 2% according to the current industry standards. • Asia Pacific is expected to grow with the CAGR of 7.9% in volume consumption and the value is expected to reach USD 149 million by 2025. Skin care products coupled with foods and preservatives are anticipated to surge, driving the growth of the region in the global salicylic acid market. • Rest of the world which includes countries such UAE, Mexico and Saudi Arabia are projected to be international destinations for medical treatments. This is expected to drive the growth of the salicylic acid in pharmaceutical segment in the region. Further, in UAE and Saudi Arabia, a surge in demand for cosmetic products is expected, this is anticipated to drive the salicylic acid growth in the region. Thus, the rest of the world is forecasted to grow at the fastest CAGR of 9.3% in value reaching USD 81 million by 2025 in the global salicylic acid market. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Salicylic Acid Market Size and Share Global Salicylic Acid Market Size and Share- -Global Forecast to 2025 Global Forecast to 2025 • Application Overview, 2015-2025 (USD million) (Tons) • Pharmaceutical • Food and Preservative • Cosmetics • Others • Regional Overview, 2015-2025 (USD million) (Tons) • North America • Europe • Asia Pacific • Rest of the World +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research About Us About Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. Contact Us US Headquarters Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com