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Top 2 trends impacting the salicylic acid market forecast to 2021 explored in latest research

Materials & Chemicals Research

The following companies as the key players in the Global Salicylic Acid Market: Alfa Aesar (Thermo Fisher Scientific), Alta Laboratories, J. M. Loveridge, Novacap, and Sigma-Aldrich. Other Prominent Vendors in the market are: Hebei Jingye Group, Shandong Xinhua Longxin Chemical, SCPL, Zhenjiang Gaopeng Pharmaceutical, Salicylates and Chemicals, and Finoric.

This report covers the present scenario and the growth prospects of the global salicylic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The analysts forecast Global Salicylic Acid Market to grow at a CAGR of 8.64% during the period 2017-2021. One trend in the market is increasing preference for processed food.

The demand for processed food is growing rapidly, owing to its easy availability, longevity, and easy storage. Salicylic acid is predominantly used as a preservative in the food industry to maintain the color, flavor, texture, and nutrients.

Salicylic acid helps to decimate microorganisms, such as yeasts, molds, and bacteria, and hinders the growth of enzymes that are responsible for the ripening of food.”

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

According to the report, one driver in the market is rising concerns toward skin infections. The rate of skin infections is growing year-over-year, owing to increasing migration, urbanization, and rapidly changing global climate.

Skin infections include cellulitis, impetigo, shingles, warts, ringworm, nail fungus, and molluscum contagiosum. It is estimated that the global skin treatment market was valued at $17.22 billion in 2015 and is estimated to reach $20.53 billion by 2020.

In addition, the United States dermatological market alone was valued at $11.32 billion in 2016. Salicylic acid acts as a prime ingredient in skin treatment products.

Hence, the increasing adoption of skin treatment products is likely to boost the global salicylic acid market.

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About Salicylic Acid

Salicylic acid is known for relieving pain and fever and is primarily used to manufacture aspirin. This acid is naturally produced in willow tree barks and fruits, such as berries.

The commercial manufacturing process of salicylic acid is carried out by the Kolbe-Schmitt synthesis process. It involves the reaction of dry sodium or potassium phenoxide with carbon dioxide at extreme temperatures.

Different phenolic compounds, such as salicylic acid, amino salicylic acid, and resorcylic acids, are produced.

Further, the report states that one challenge in the market is preference for natural ingredients. Natural sources of salicylic acid, such as natural vegetables and fruits, are preferred over synthetic salicylic acid for skin treatment.

This is because synthetic salicylic acid, when used for skin treatment procedures, results in several side effects, such as reddened skin, irritation, inflammation, and skin dryness. Salicylic acid in skin treatment plays a major role in treating various disorders.

However, because of its exfoliating properties, salicylic acid causes the thinning of the dermal layer of the skin. The amount of salicylic acid in few facial creams and gels is more than 2%, which when used is harsh on the skin.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

This report, Global Salicylic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

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Market driver

  • Rising concerns toward skin infections
  • For a full, detailed list, view our report

Market challenge

  • Preference for natural ingredients
  • For a full, detailed list, view our report

Market trend

  • Increasing preference for processed food
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Table of Contents

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • PART 05: Market landscape
  • PART 06: Market segmentation by application
  • PART 07: Market segmentation by geography
  • PART 08: Decision framework
  • PART 09: Drivers and challenges
  • PART 10: Market trends
  • PART 11: Vendor landscape
  • PART 12: Key vendor analysis
  • PART 13: Appendix

Browse full table of contents and List of Exhibits at…arket-report.html

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