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Octyl Salicylate Market By Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 200 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713166
The octyl salicylate market was valued at $1.1 billion in 2021, and is projected to reach $1.8 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

Salicylates are weak UVB absorbers and are commonly utilized in combination with other UV sunscreens. Octyl salicylate is mainly a colorless or pale yellow with a slightly floral odor. It is mostly found in sunscreen creams, lotions, sprays, and sticks. It is soluble in ethanol, olive oil, isopropanol, mineral oil, paraffin oil, dimethicone, and octyl palmitate. It acts as an exceptional solubilizer for a broad range of crystalline UV filters, such as butyl methoxydibenzoylmethane and ethylhexyl triazone.

For the purpose of analysis, the octyl salicylate market scope covers segments by type, application, and region. The report outlines the details about octyl salicylate type, including colorless and light yellow. The use of octyl salicylate in various applications, including perfume, soap, cosmetics, sunscreens, and others are analyzed in the report. Moreover, it analyzes the current market trends of octyl salicylate across different regions, such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.

In addition, the report covers profiles of key industry participants, such as AAKO, Aceto Corporation, Clariant, Ernesto Ventós S.A., Labdhi Chemicals, MFCI CO., LTD., Otto Chemie Pvt. Ltd., Prakash Chemicals International Private Limited, Rishabh Metals and Chemical Pvt. Ltd., Siddharth Carbochem Products, TCI Chemicals, Toronto Research Chemicals, Unicorn Petroleum, Universal Esters, and Universal Preserv-A-Chem Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the octyl salicylate market analysis from 2021 to 2031 to identify the prevailing octyl salicylate market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the octyl salicylate market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global octyl salicylate market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

  • Colorless
  • Light yellow

By Application

  • Perfume
  • Soap
  • Cosmetics
  • Sunscreens
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • AAKO
  • ACETO CORPORATION
  • CLARIANT
  • ERNESTO VENTÓS S.A
  • LABDHI CHEMICAL PRIVATE LIMITED
  • MFCI CO.,LTD
  • OTTO CHEMIE PVT LTD
  • PRAKASH CHEMICALS INTERNATIONAL PRIVATE LIMITED
  • RISHABH METALS AND CHEMICAL PVT. LTD
  • SIDDHARTH CARBOCHEM PRODUCTS
  • TOKYO CHEMICALS
  • TORONTO RESEARCH CHEMICALS
  • UNICORN PETROLEUM INDUSTRIES PVT LTD
  • UNIVERSAL ESTERS LTD
  • UNIVERSAL PRESERV-A-CHEM INC.
Frequently Asked Questions about the Octyl Salicylate Market

What is the estimated value of the Octyl Salicylate Market?

The Octyl Salicylate Market was estimated to be valued at $1.1 billion in 2021.

What is the growth rate of the Octyl Salicylate Market?

The growth rate of the Octyl Salicylate Market is 5.0%, with an estimated value of $1.8 billion by 2031.

What is the forecasted size of the Octyl Salicylate Market?

The Octyl Salicylate Market is estimated to be worth $1.8 billion by 2031.

Who are the key companies in the Octyl Salicylate Market?

Key companies in the Octyl Salicylate Market include AAKO, ACETO CORPORATION, CLARIANT, ERNESTO VENTÓS S.A, LABDHI CHEMICAL PRIVATE LIMITED, MFCI CO.,LTD, OTTO CHEMIE PVT LTD, PRAKASH CHEMICALS INTERNATIONAL PRIVATE LIMITED and SIDDHARTH CARBOCHEM PRODUCTS.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Value Chain Analysis
3.8. Patent Landscape

CHAPTER 4: OCTYL SALICYLATE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Colorless
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Light yellow
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: OCTYL SALICYLATE MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Perfume
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Soap
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Cosmetics
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Sunscreens
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country

CHAPTER 6: OCTYL SALICYLATE MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Type
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Type
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Type
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Type
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Type
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Type
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 France
6.3.4.2.1 Market size and forecast, by Type
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 UK
6.3.4.3.1 Market size and forecast, by Type
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Type
6.3.4.4.2 Market size and forecast, by Application
6.3.4.5 Italy
6.3.4.5.1 Market size and forecast, by Type
6.3.4.5.2 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Type
6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Type
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Type
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Type
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Type
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Type
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Type
6.4.4.5.2 Market size and forecast, by Application
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Market size and forecast, by Type
6.4.4.6.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Type
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Type
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Type
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 South Africa
6.5.4.3.1 Market size and forecast, by Type
6.5.4.3.2 Market size and forecast, by Application
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Market size and forecast, by Type
6.5.4.4.2 Market size and forecast, by Application

CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES
8.1 AAKO
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 ACETO CORPORATION
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 CLARIANT
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 ERNESTO VENTÓS S. A
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 LABDHI CHEMICAL PRIVATE LIMITED
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 MFCI CO.,LTD
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 OTTO CHEMIE PVT LTD
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 PRAKASH CHEMICALS INTERNATIONAL PRIVATE LIMITED
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 RISHABH METALS AND CHEMICAL PVT. LTD
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 SIDDHARTH CARBOCHEM PRODUCTS
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
8.11 TOKYO CHEMICALS
8.11.1 Company overview
8.11.2 Company snapshot
8.11.3 Operating business segments
8.11.4 Product portfolio
8.11.5 Business performance
8.11.6 Key strategic moves and developments
8.12 TORONTO RESEARCH CHEMICALS
8.12.1 Company overview
8.12.2 Company snapshot
8.12.3 Operating business segments
8.12.4 Product portfolio
8.12.5 Business performance
8.12.6 Key strategic moves and developments
8.13 UNICORN PETROLEUM INDUSTRIES PVT LTD
8.13.1 Company overview
8.13.2 Company snapshot
8.13.3 Operating business segments
8.13.4 Product portfolio
8.13.5 Business performance
8.13.6 Key strategic moves and developments
8.14 UNIVERSAL ESTERS LTD
8.14.1 Company overview
8.14.2 Company snapshot
8.14.3 Operating business segments
8.14.4 Product portfolio
8.14.5 Business performance
8.14.6 Key strategic moves and developments
8.15 UNIVERSAL PRESERV-A-CHEM INC.
8.15.1 Company overview
8.15.2 Company snapshot
8.15.3 Operating business segments
8.15.4 Product portfolio
8.15.5 Business performance
8.15.6 Key strategic moves and developments

List of Tables
Table 1. Global Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 2. Octyl Salicylate Market, for Colorless, by Region, 2021-2031 ($Million)
Table 3. Octyl Salicylate Market for Colorless, by Country, 2021-2031 ($Million)
Table 4. Octyl Salicylate Market, for Light Yellow, by Region, 2021-2031 ($Million)
Table 5. Octyl Salicylate Market for Light Yellow, by Country, 2021-2031 ($Million)
Table 6. Global Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 7. Octyl Salicylate Market, for Perfume, by Region, 2021-2031 ($Million)
Table 8. Octyl Salicylate Market for Perfume, by Country, 2021-2031 ($Million)
Table 9. Octyl Salicylate Market, for Soap, by Region, 2021-2031 ($Million)
Table 10. Octyl Salicylate Market for Soap, by Country, 2021-2031 ($Million)
Table 11. Octyl Salicylate Market, for Cosmetics, by Region, 2021-2031 ($Million)
Table 12. Octyl Salicylate Market for Cosmetics, by Country, 2021-2031 ($Million)
Table 13. Octyl Salicylate Market, for Sunscreens, by Region, 2021-2031 ($Million)
Table 14. Octyl Salicylate Market for Sunscreens, by Country, 2021-2031 ($Million)
Table 15. Octyl Salicylate Market, for Others, by Region, 2021-2031 ($Million)
Table 16. Octyl Salicylate Market for Others, by Country, 2021-2031 ($Million)
Table 17. Octyl Salicylate Market, by Region, 2021-2031 ($Million)
Table 18. North America Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 19. North America Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 20. North America Octyl Salicylate Market, by Country, 2021-2031 ($Million)
Table 21. U.S. Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 22. U.S. Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 23. Canada Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 24. Canada Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 25. Mexico Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 26. Mexico Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 27. Europe Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 28. Europe Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 29. Europe Octyl Salicylate Market, by Country, 2021-2031 ($Million)
Table 30. Germany Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 31. Germany Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 32. France Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 33. France Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 34. UK Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 35. UK Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 36. Spain Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 37. Spain Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 38. Italy Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 39. Italy Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 40. Rest of Europe Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 41. Rest of Europe Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 42. Asia-Pacific Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 43. Asia-Pacific Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 44. Asia-Pacific Octyl Salicylate Market, by Country, 2021-2031 ($Million)
Table 45. China Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 46. China Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 47. Japan Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 48. Japan Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 49. India Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 50. India Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 51. South Korea Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 52. South Korea Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 53. Australia Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 54. Australia Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 55. Rest of Asia-Pacific Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 56. Rest of Asia-Pacific Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 57. LAMEA Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 58. LAMEA Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 59. LAMEA Octyl Salicylate Market, by Country, 2021-2031 ($Million)
Table 60. Brazil Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 61. Brazil Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 62. Saudi Arabia Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 63. Saudi Arabia Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 64. South Africa Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 65. South Africa Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 66. Rest of LAMEA Octyl Salicylate Market, by Type, 2021-2031 ($Million)
Table 67. Rest of LAMEA Octyl Salicylate Market, by Application, 2021-2031 ($Million)
Table 68. Aako: Company Snapshot
Table 69. Aako: Operating Segments
Table 70. Aako: Product Portfolio
Table 71. Aako: Net Sales
Table 72. Aako: Key Strategies
Table 73. Aceto Corporation: Company Snapshot
Table 74. Aceto Corporation: Operating Segments
Table 75. Aceto Corporation: Product Portfolio
Table 76. Aceto Corporation: Net Sales
Table 77. Aceto Corporation: Key Strategies
Table 78. Clariant: Company Snapshot
Table 79. Clariant: Operating Segments
Table 80. Clariant: Product Portfolio
Table 81. Clariant: Net Sales
Table 82. Clariant: Key Strategies
Table 83. Ernesto Ventós S. A: Company Snapshot
Table 84. Ernesto Ventós S. A: Operating Segments
Table 85. Ernesto Ventós S. A: Product Portfolio
Table 86. Ernesto Ventós S. A: Net Sales
Table 87. Ernesto Ventós S. A: Key Strategies
Table 88. Labdhi Chemical Private Limited: Company Snapshot
Table 89. Labdhi Chemical Private Limited: Operating Segments
Table 90. Labdhi Chemical Private Limited: Product Portfolio
Table 91. Labdhi Chemical Private Limited: Net Sales
Table 92. Labdhi Chemical Private Limited: Key Strategies
Table 93. Mfci Co.,Ltd.: Company Snapshot
Table 94. Mfci Co.,Ltd.: Operating Segments
Table 95. Mfci Co.,Ltd.: Product Portfolio
Table 96. Mfci Co.,Ltd.: Net Sales
Table 97. Mfci Co.,Ltd.: Key Strategies
Table 98. Otto Chemie Pvt Ltd.: Company Snapshot
Table 99. Otto Chemie Pvt Ltd.: Operating Segments
Table 100. Otto Chemie Pvt Ltd.: Product Portfolio
Table 101. Otto Chemie Pvt Ltd.: Net Sales
Table 102. Otto Chemie Pvt Ltd.: Key Strategies
Table 103. Prakash Chemicals International Private Limited: Company Snapshot
Table 104. Prakash Chemicals International Private Limited: Operating Segments
Table 105. Prakash Chemicals International Private Limited: Product Portfolio
Table 106. Prakash Chemicals International Private Limited: Net Sales
Table 107. Prakash Chemicals International Private Limited: Key Strategies
Table 108. Rishabh Metals and Chemical Pvt. Ltd.: Company Snapshot
Table 109. Rishabh Metals and Chemical Pvt. Ltd.: Operating Segments
Table 110. Rishabh Metals and Chemical Pvt. Ltd.: Product Portfolio
Table 111. Rishabh Metals and Chemical Pvt. Ltd.: Net Sales
Table 112. Rishabh Metals and Chemical Pvt. Ltd.: Key Strategies
Table 113. Siddharth Carbochem Products: Company Snapshot
Table 114. Siddharth Carbochem Products: Operating Segments
Table 115. Siddharth Carbochem Products: Product Portfolio
Table 116. Siddharth Carbochem Products: Net Sales
Table 117. Siddharth Carbochem Products: Key Strategies
Table 118. Tokyo Chemicals: Company Snapshot
Table 119. Tokyo Chemicals: Operating Segments
Table 120. Tokyo Chemicals: Product Portfolio
Table 121. Tokyo Chemicals: Net Sales
Table 122. Tokyo Chemicals: Key Strategies
Table 123. Toronto Research Chemicals: Company Snapshot
Table 124. Toronto Research Chemicals: Operating Segments
Table 125. Toronto Research Chemicals: Product Portfolio
Table 126. Toronto Research Chemicals: Net Sales
Table 127. Toronto Research Chemicals: Key Strategies
Table 128. Unicorn Petroleum Industries Pvt Ltd.: Company Snapshot
Table 129. Unicorn Petroleum Industries Pvt Ltd.: Operating Segments
Table 130. Unicorn Petroleum Industries Pvt Ltd.: Product Portfolio
Table 131. Unicorn Petroleum Industries Pvt Ltd.: Net Sales
Table 132. Unicorn Petroleum Industries Pvt Ltd.: Key Strategies
Table 133. Universal Esters Ltd.: Company Snapshot
Table 134. Universal Esters Ltd.: Operating Segments
Table 135. Universal Esters Ltd.: Product Portfolio
Table 136. Universal Esters Ltd.: Net Sales
Table 137. Universal Esters Ltd.: Key Strategies
Table 138. Universal Preserv-A-Chem Inc.: Company Snapshot
Table 139. Universal Preserv-A-Chem Inc.: Operating Segments
Table 140. Universal Preserv-A-Chem Inc.: Product Portfolio
Table 141. Universal Preserv-A-Chem Inc.: Net Sales
Table 142. Universal Preserv-A-Chem Inc.: Key Strategies

List of Figures
Figure 1. Octyl Salicylate Market Segmentation
Figure 2. Octyl Salicylate Market, 2021-2031
Figure 3. Octyl Salicylate Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Octyl Salicylate Mark.:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Patent Analysis by Company
Figure 14. Patent Analysis by Country
Figure 15. Octyl Salicylate Market, By Type, 2021(%)
Figure 16. Comparative Share Analysis of Colorless Octyl Salicylate Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Light Yellow Octyl Salicylate Market, 2021-2031(%)
Figure 18. Octyl Salicylate Market, By Application, 2021(%)
Figure 19. Comparative Share Analysis of Perfume Octyl Salicylate Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Soap Octyl Salicylate Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Cosmetics Octyl Salicylate Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Sunscreens Octyl Salicylate Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Others Octyl Salicylate Market, 2021-2031(%)
Figure 24. Octyl Salicylate Market by Region, 2021
Figure 25. U.S. Octyl Salicylate Market, 2021-2031($Million)
Figure 26. Canada Octyl Salicylate Market, 2021-2031($Million)
Figure 27. Mexico Octyl Salicylate Market, 2021-2031($Million)
Figure 28. Germany Octyl Salicylate Market, 2021-2031($Million)
Figure 29. France Octyl Salicylate Market, 2021-2031($Million)
Figure 30. Uk Octyl Salicylate Market, 2021-2031($Million)
Figure 31. Spain Octyl Salicylate Market, 2021-2031($Million)
Figure 32. Italy Octyl Salicylate Market, 2021-2031($Million)
Figure 33. Rest of Europe Octyl Salicylate Market, 2021-2031($Million)
Figure 34. China Octyl Salicylate Market, 2021-2031($Million)
Figure 35. Japan Octyl Salicylate Market, 2021-2031($Million)
Figure 36. India Octyl Salicylate Market, 2021-2031($Million)
Figure 37. South Korea Octyl Salicylate Market, 2021-2031($Million)
Figure 38. Australia Octyl Salicylate Market, 2021-2031($Million)
Figure 39. Rest of Asia-Pacific Octyl Salicylate Market, 2021-2031($Million)
Figure 40. Brazil Octyl Salicylate Market, 2021-2031($Million)
Figure 41. Saudi Arabia Octyl Salicylate Market, 2021-2031($Million)
Figure 42. South Africa Octyl Salicylate Market, 2021-2031($Million)
Figure 43. Rest of LAMEA Octyl Salicylate Market, 2021-2031($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Aak.: Net Sales, ($Million)
Figure 51. Aceto Corporatio.: Net Sales, ($Million)
Figure 52. Clarian.: Net Sales, ($Million)
Figure 53. Ernesto Ventós S..: Net Sales, ($Million)
Figure 54. Labdhi Chemical Private Limite.: Net Sales, ($Million)
Figure 55. Mfci Co.Lt.: Net Sales, ($Million)
Figure 56. Otto Chemie Pvt Lt.: Net Sales, ($Million)
Figure 57. Prakash Chemicals International Private Limite.: Net Sales, ($Million)
Figure 58. Rishabh Metals and Chemical Pvt. Lt.: Net Sales, ($Million)
Figure 59. Siddharth Carbochem Product.: Net Sales, ($Million)
Figure 60. Tokyo Chemical.: Net Sales, ($Million)
Figure 61. Toronto Research Chemical.: Net Sales, ($Million)
Figure 62. Unicorn Petroleum Industries Pvt Lt.: Net Sales, ($Million)
Figure 63. Universal Esters Lt.: Net Sales, ($Million)
Figure 64. Universal Preserv-A-Chem Inc.: Net Sales, ($Million)

Executive Summary

According to the report, “Octyl Salicylate Market," the octyl salicylate market size was valued at $1.1 billion in 2021, and is estimated to reach $1.8 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

Octyl salicylate is a bright, clear, colorless liquid used to improve the Ultraviolet-B protection in a sunscreen. It is a common UV filter found in cosmetics and sunscreens, absorbing UVB rays at wavelengths ranging from 280 to 320 nm. Octyl salicylate is widely used in sunscreen lotions, creams, sprays, and sticks. It is also available in capsules, extended-release capsules, tablets, chewable tablets, and enteric-coated tablets in a range of doses and formats.

The growth of the global octyl salicylate market is majorly attributable to its wide applications in perfume, soap, sunscreens, and others. Further, the increasing demand for octyl salicylate in cosmetics industry is expected to boost the octyl salicylate market during the forecast period. Octyl salicylate is widely used in the cosmetics industry as lipsticks and lip balms, moisturizers, nail polish, and others. Octyl salicylate lip balm has unique properties of low viscosity and oily nature, which results in a no greasy, hydrophobic film when applied to the skin or lips. Octyl salicylate balms help relieve dry lips, make them soft again, and protect them against harmful elements, such as wind and UV damage. Octyl salicylate lip balm in summers has an additional feature of providing sun-protection to the lips. Further, octyl salicylate is also used as a moisturizer, which helps to minimize dark spots and pimples. It reduces dead skin cells and improves the effectiveness of face moisturizer by helping it to enter deeper into the skin.

However, moderate toxicity associated with octyl salicylate is projected to hinder the expansion of the market. Octyl salicylate sunscreens include compounds that can cause skin irritation, such as redness, swelling, irritation, and itching. Some customers experience severe allergic responses, including rashes and extreme itching. On the contrary, growth of the personal care & cosmetics industry is expected to offer ample growth opportunities for the octyl salicylate industry. Personal care products using octyl salicylate include, antiperspirants, scents, make-up, and shampoos, as well as soaps, and sunscreens. The personal care & cosmetics industry is growing faster than any other market category in the beauty industry. The U.S. sales of skincare products increased by 13% in 2018, while cosmetics sales increased by only 1%. During that period, online beauty businesses rose by 24% with skincare.

The octyl salicylate market is segmented into type, application, and region. On the basis of type, the market is categorized into colorless and light yellow. On the basis of application, the market is categorized into perfume, soap, cosmetics, sunscreens, and others. The perfume segment dominated the market in 2021. Octyl salicylate is used in perfume as a solvent for crystalline synthetic musks component and fixative floral scents, such as carnation, jasmine, lilac, and wallflower. The chemical components of octyl salicylate create a creamy, sand-like quality to a fragrance that has a smooth and mellow balsamic scent. Octyl salicylate perfume has a volatile scent component that disappears fast when exposed to air. Octyl salicylate is a fragrance molecule found in various fragrance compounds, such as ornamental cosmetics, fine scents, shampoos, toilet soaps, and other toiletries, as well as non-cosmetic items, such as home cleansers and detergents. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The octyl salicylate market share is anlyzed across all significant regions and countries. Asia-Pacific is expected to dominate the market in the near future. This growth is attributed to extensive use of octyl salicylate in sunscreen creams, lotions, sprays, and sticks in the region.

The major players operating in the global octyl salicylate market include, AAKO, Aceto Corporation, Clariant, Ernesto Ventós S.A., Labdhi Chemicals, MFCI CO., LTD., Otto Chemie Pvt. Ltd., Prakash Chemicals International Private Limited, Rishabh Metals and Chemical Pvt. Ltd., Siddharth Carbochem Products, TCI Chemicals, Toronto Research Chemicals, Unicorn Petroleum, Universal Esters, and Universal Preserv-A-Chem Inc.

COVID-19 Analysis:

The COVID-19 pandemic had negative impact on the manufacture of cosmetics and sunscreen, as well as the import and export of chemicals, such as octyl salicylate. The COVID-19 pandemic has had a detrimental effect on the cosmetics industry, which is one of the major end-user industries of octyl salicylate. However, cosmetic use is likely to revert back to pre-COVID levels for lip, eye, and skin cosmetics.

Further, the pandemic has greatly impacted consumer preferences and societal behavior regarding sun protection and skin cancer. Hybrid Sport Sunscreen containing 7% octyl methoxycinnamate, and 1.0% octyl salicylate is highly demanded in healthcare facilities, including hospitals, clinics, nursing homes, and cancer centers. As per IMPACT Melanoma, despite nationwide supply chain disruptions, sunscreens remained available for distribution, with hybrid sunscreens ordered most frequently. Orders of hybrid sunscreen increased by 41%, driven primarily by hospitals, which also ordered more sunscreen dispensers and experienced raised volume at facilities and outreach events (vaccination drives) during the pandemic.

Key Findings of the Study

  • By type, the colorless segment was the highest revenue contributor to the market in 2021.
  • By application, the perfume segment dominated the market in 2021.
  • By region, Asia-Pacific was the highest revenue contributor in 2021.
  • China was the highest revenue contributor in 2021, growing with a CAGR of 7.1%
  • South Korea and Japan are expected to witness considerable CAGRs of 5.0% and 4.3%, respectively, during the forecast period.

Companies Mentioned

  • AAKO
  • ACETO CORPORATION
  • CLARIANT
  • ERNESTO VENTÓS S.A
  • LABDHI CHEMICAL PRIVATE LIMITED
  • MFCI CO.,LTD
  • OTTO CHEMIE PVT LTD
  • PRAKASH CHEMICALS INTERNATIONAL PRIVATE LIMITED
  • RISHABH METALS AND CHEMICAL PVT. LTD
  • SIDDHARTH CARBOCHEM PRODUCTS
  • TOKYO CHEMICALS
  • TORONTO RESEARCH CHEMICALS
  • UNICORN PETROLEUM INDUSTRIES PVT LTD
  • UNIVERSAL ESTERS LTD
  • UNIVERSAL PRESERV-A-CHEM INC.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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