Title: Salicylic Acid Market - Forecast (2022-2027)
1Salicylic Acid Market Forecast (2022-2027)
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- Salicylic Acid Market size is forecast to reach
888.32 million by 2025, after growing at a CAGR
of 6.5 during 2020-2025. - The increasing use of salicylic acid and its
by-products in the food and beverage industry and
in skincare products is expected to turn into
increased market demand to avoid spoilage and
fermentation.
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- Key Takeaways
- Salicylic acid is widely used in the treatment of
many common dermatological conditions because of
its keratoplastic properties. - Furthermore, growing use of salicylic acid as
preservatives to extend the shelf-life of
products such as sauces, beer, and wine is
expected to augment the demand for salicylic acid
products. The increasing use of byproducts of
salicylic acid is expected to drive the market
growth over the forecast period.
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By Distribution Channel- Segment
Analysis Cosmetic Industry accounts for the
highest market share in the global market and is
expected to grow with the CAGR of 5.5 over the
forecast period from 2020 to 2025. Salicylic acid
used as preservative up to 0.5 in cosmetic
products. At a level up to 1 in leave-on hair
products and up to 2 salicylic acid is used in
leave-on cosmetics products for its exfoliating
and cleansing properties and in rinse-off
products. The global cosmetics market continued
to grow steadily, spurred on by consumer demand
and rapid innovation. In 2018, 5.5 percent of
growth was registered in cosmetics market
globally. With North America being the largest
consumer globally.
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- Salicylic Acid Market Industry Outlook
- Zhenjiang Gaopeng Pharmaceutical Co., Ltd,
- Hebei Jingye Group,
- Simco QC,
- Shandong Xinhua Longxin Chemical Co. Ltd.,
- Siddharth Carbochem Products Ltd,
- J M Loveridge Ltd
- Novacap
- Alfa Aesar Gmbh Co Kg
- Alta Laboratory Ltd
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Salicylic Acid Market - Forecast
(2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Salicylic-Ac
id-Market-Research-501415
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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