- Report - Salicylic Acid Market
Salicylic Acid Market
Market Insights on Salicylic Acid covering sales outlook, demand forecast & up-to-date key trends
Salicylic Acid Market by Grade, Form, End Use Application & Region - Forecast 2022 – 2032
Salicylic Acid Market Outlook (2022-2032)
[306 Pages Report] The global salicylic acid market size is estimated to be valued at US__DOCTEXT__Tab;417.8 million in 2022
and is expected to reach a valuation of US__DOCTEXT__Tab;814.2 Mn by 2032, with a CAGR of 6.9% from 2022 to 2032. Salicylic
acid sales are likely to account for ~ 5% of the demand in the global organic acid, valued in 2022.
Salicylic Acid Market Size (2022E)
US__DOCTEXT__Tab;417.8 Mn
Salicylic Acid Market Projected Size (2032F)
US__DOCTEXT__Tab;814.2 Mn
Value CAGR (2022-2032)
6.9%
How Does the Salicylic Acid Market Compare in the Historic and Future Outlook?
The sales of salicylic acid are being driven by the increasing use of salicylic acid in reservatives in food industry,
as well as the rapid growth of the cosmetic and personal care industries.
There is a large market for personal care sectors that specialize in skincare products and haircare products as it
nurtures skin, fades acne on combination skin, removes dead skin cells, and reduces skin discoloration. Due to its
numerous benefits, the demand for salicylic acid is projected to rise during the forecast period (2022-2032).
Pharmaceutical items such as disinfectants, wart removal, antiseptic end-use over-the-counter pharmaceuticals, and
medicines have seen tremendous growth and are likely to gain market share in the next years.
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The sales of salicylic acid are growing as a result of rising consumer awareness. Furthermore, there is an increase
in the use of salicylic acid derivatives as ointments, like chlorine