Salicylic Acid Market - Share, Size, Forecast (2019-2025)

1
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)

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2
Global Salicylic Acid Market Size and
Share-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 PORTERS 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.

3
Global Salicylic Acid Market Size and
Share-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.

4
Global Salicylic Acid Market Size and
Share-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

5
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