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Methyl Salicylate market was valued at USD XX million globally in 2018 and is forecasted to reach USD XX million by 2024, with a CAGR of xx% during the 2018-2024.
The methyl salicylates market is estimated to occupy a large revenue by growing at a CAGR of ~6% during the forecast period, i.e., 2023 – 2035, owing to the rising use of methyl salicylates in end user industries, increasing demand for candies and chewing gums, and growing awareness related with personal care. Apart from these, intensifying usage of the compounds for producing fragrances and food preservatives is also expected to drive market growth.
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3-hexenyl salicylate market is primarily driven by its cosmetics applications owing to its fresh and floral characteristics making it desirable to be utilized in producing perfumes, moisturizer, deodorants, talcum powder, soaps, shower gels, shampoos, conditioners, etc.
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Salicylic Acid Market has been foreseen to yield USD 631.1 million by the year 2027 at a compound annual growth (CAGR) of 6.3% over the forecast period.
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Methyl Ethyl Ketone market is segmented into two grades as Regular Grade and Urethane Grade. The major applications of MEK are its utilization as an excellent industrial solvent, as a chemical intermediate and as a plastic welding agent. The majority of the total Methyl Ethyl Ketone produced globally, is used as a solvent in resins, cellulose acetate, vinyl films, gums, nitrocellulose coatings.
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