Salicylic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

  • ID: 4592329
  • Report
  • Region: Global
  • 71 pages
  • IMARC Group
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FEATURED COMPANIES

  • Alfa Aesar
  • Alta Laboratories Ltd.
  • JM Loveridge Limited
  • Novacap
  • Sigma-Aldrich
  • MORE
Salicylic acid is an organic white crystalline solid with the chemical formula C7H6O3. It can be derived naturally from plants such as willow tree and salix or can be produced synthetically from sodium phenolate and carbon dioxide. Owing to its fungicidal, anti-inflammatory, keratolytic, comedolytic and anti-microbial properties, salicylic acid finds several applications in the cosmetics, healthcare and pharmaceutical industries. Salicylic acid is also used to manufacture cosmetics as it helps in moisturising and dissolving the substance that causes the skin layers to stick together.“Salicylic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global salicylic acid market reached a value of US$ 371 Million in 2017.

In the pharmaceutical industry, salicylic acid is extensively used to manufacture a number of medicines such as acetylsalicylic acid (aspirin), phenyl salicylate, salicylic acid amine, methyl salicylate and sodium salicylate. Growth in the demand for these medicines due to a rise in the number of human infectious diseases has created an attractive market for salicylic acid. Moreover, it is used for manufacturing haircare and skincare products as it nourishes the skin, treats acne on oily skin, removes dead skin cells and lessens skin discoloration. Increasing demand for these products owing to consumer’s awareness is propelling the market growth worldwide. Additionally, growing consumption of derivatives of salicylic acid, such as chlorine salicylate and methyl salicylate as a liniment for muscle and joint pain, is further expected to boost its demand. Looking forward, the market value is projected to exceed US$ 514 Million by 2023, expanding at a CAGR of more than 5.6% during 2018-2023.

Market Summary:

On the basis of application, pharmaceuticals represent the largest segment, followed by personal care, and food & preservatives.

Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America.
On assessing the import and export scenario of the market, it is found that India and China are the biggest importer and exporter of salicylic acid, respectively.

The competitive landscape of the market has also been examined with some of the key players being Alfa Aesar, Alta Laboratories Ltd., JM Loveridge Limited, Novacap, Sigma Aldrich, Siddharth Carbochem Products Ltd, etc.

This report provides a deep insight into the global salicylic acid market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the salicylic acid market in any manner.

Key Questions Answered in This Report:
  • How has the global salicylic acid market performed so far and how will it perform in the coming years?
  • What are the key regions in the global salicylic acid market?
  • What are the key application segments in the global salicylic acid market?
  • What are the various stages in the value chain of the global salicylic acid market?
  • What are the key driving factors and challenges in the global salicylic acid market?
  • What are the import and export trends of the global salicylic acid market?
  • What is the structure of the global salicylic acid market and who are the key players?
  • What is the degree of competition in the global salicylic acid market?
  • How is salicylic acid manufactured?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alfa Aesar
  • Alta Laboratories Ltd.
  • JM Loveridge Limited
  • Novacap
  • Sigma-Aldrich
  • MORE
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends

5 Global Salicylic Acid Market
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.3.1 Price Indicators
5.3.2 Price Structure
5.3.3 Margin Analysis
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Research and Development
5.8.3 Raw Material Procurement
5.8.4 Manufacturing
5.8.5 Marketing
5.8.6 Distribution
5.8.7 End-Use
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes

6 Market Breakup by Application
6.1 Pharmaceuticals
6.2 Personal Care
6.3 Food & Preservatives
6.4 Others

7 Market Breakup by Region
7.1 Europe
7.2 North America
7.3 Asia Pacific
7.4 Middle East & Africa
7.5 Latin America

8 Imports and Exports
8.1 Imports by Major Countries
8.2 Exports by Major Countries

9 Salicylic Acid Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors

10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Alfa Aesar
10.3.2 Alta Laboratories Ltd.
10.3.3 JM Loveridge Limited
10.3.4 Novacap
10.3.5 Sigma-Aldrich
10.3.6 Siddharth Carbochem Products Ltd.

List of Figures
Figure 1: Global: Salicylic Acid Market: Major Drivers and Challenges
Figure 2: Global: Salicylic Acid Market: Sales Value (in Million US$), 2010-2017
Figure 3: Global: Salicylic Acid Market: Breakup by Application (in %), 2017
Figure 4: Global: Salicylic Acid Market: Breakup by Region (in %), 2017
Figure 5: Global: Salicylic Acid Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 6: Global: Salicylic Acid Industry: SWOT Analysis
Figure 7: Global: Salicylic Acid Industry: Value Chain Analysis
Figure 8: Global: Salicylic Acid Industry: Porter’s Five Forces Analysis
Figure 9: Global: Salicylic Acid (Application in Pharmaceuticals) Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 10: Global: Salicylic Acid (Application in Personal care) Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 11:Global: Salicylic Acid (Application in Food & Preservatives) Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 12: Europe: Salicylic Acid Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 13: North America: Salicylic Acid Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14: Asia Pacific: Salicylic Acid Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15: Middle East and Africa: Salicylic Acid Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16: Latin America: Salicylic Acid Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17: Global: Salicylic Acid: Import Breakup by Country (in %), 2017
Figure 18: Global: Salicylic Acid: Export Breakup by Country (in %), 2017
Figure 19: Salicylic Acid Manufacturing: Process Flow

List of Tables
Table 1: Salicylic Acid: General Properties
Table 2: Global: Salicylic Acid Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: Salicylic Acid Market Forecast: Breakup by Application (in Million US$), 2018-2023
Table 4: Global: Salicylic Acid Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 5: Global: Salicylic Acid: Import Data by Country, 2017
Table 6: Global: Salicylic Acid: Export Data by Country, 2017
Table 7: Salicylic Acid: Raw Material Requirements
Table 8: Global: Salicylic Acid Market Structure
Table 9: Global: Salicylic Acid Market: Key Players
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  • Alfa Aesar
  • Alta Laboratories Ltd.
  • JM Loveridge Limited
  • Novacap
  • Sigma-Aldrich
  • Siddharth Carbochem Products Ltd.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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