Salicylic Acid Market 2021 By Trends Evaluation, Consumption, Consumer-Demand, Recent Developments, Market Impact, Strategies and Forecast till 2018-2026

                                                                          
Salicylic acid has the chemical formula C7H6O3 and is an organic white crystalline solid.

             Salicylic Acid Market


Salicylic acid has the chemical formula C7H6O3 and is an organic white crystalline solid. It can be made synthetically from sodium phenolate and carbon dioxide, or it can be generated organically from plants like the willow tree and salix. Salicylic acid is used in the cosmetics, healthcare, and pharmaceutical industries because of its fungicidal, anti-inflammatory, keratolytic, comedolytic, and anti-microbial qualities. Salicylic acid is also utilised in cosmetics because it aids in moisturising and dissolving the material that binds the skin layers together.


Consumer awareness of the health advantages of salicylic acid-based skincare and hair care products is one of the primary factors driving the global Salicylic Acid Market forward. The producers' hair care and skincare products are in accordance with current trends in goods that provide medical benefits such as dandruff removal, hair loss, acne, psoriasis, and other skin illnesses. Salicylic acid is a common commercial chemical that is a key component of aspirin. As a result of the development in human infectious diseases, vast populations are suffering from common fever, cough, and cold, which unwittingly fuels demand for aspirin as a pain reliever.


As salicylic acid is used in a wide range of pharmaceutical, personal care, and food products, manufacturers must adhere to severe requirements imposed by numerous international and local regulatory organisations, particularly in the United States and Europe. Over the last 20 years, the global cosmetics business has grown by an average of 4.5 percent due to increases in these regions' Gross Domestic Products (GDP). As a result, the increasing demand from North America and Europe has a significant impact on the growth of the salicylic acid market. Salicylic acid is also utilised in a variety of food processing applications to prevent rotting and fermentation of packaged foods.


Market Segmentation:

By Application
  • Pharmaceutical
  • Skin Care
  • Hair Care
  • Food Preservatives & Others

The major players involved in the market include Alfa Aesar (U.K.), Alta Laboratories Ltd. (India), Hebei Jingye Group (China), JM Loveridge Limited (U.K.), Novacap (France), Shadong Xinhua Longxin Chemical Co., Ltd. (China), Siddharth Carbochem Products Ltd. (India), Simco Chemical Inc. (Canada), Zhenjiang Gaopeng Pharmaceutical Co., Ltd. (China).

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