Premium Salicylic Acid Market - Forecast(2023 - 2028)

Report Code: CMR 15488 Report Format: PDF + Excel
Premium Salicylic Acid Market size is forecast to reach $73.76 million by 2025, after growing at a CAGR of 5.95% during 2020-2025. The treatments of various skin-related disorders are focused on salicylic acid medicated cosmetics. Medical cosmetics are becoming more and more popular as cosmetics have a rise in adverse effects on the human body. The demand for medications, body lotions, sun and sunscreen creams and other skin care products has been growing. The growth of salicylic acid-base cosmetics is expected to be driven by increased pimples, white heads, blackheads, warts, and zits. Further, increases the overall demand over forecast period.

Report Coverage
The “Premium Salicylic Acid Market report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Premium Salicylic Acid Industry. 

By Application: Pharmaceutical, Skin Care, Haircare, Food Preservative and Others.
By Geography: North America, South America, Europe, APAC and RoW

Key Takeaways
  • In the cosmetic industry the market for premium Salicylic Acid is on the rise as the market for facial creams and solutions to minimize acne is strong. Salicylic acid has a penetration potential in oily skin and is therefore the best choice for the treatment of oily skin and issues like breakouts, blackheads, whiteheads and acne.
  • Salicylic acid is also used to manufacture cosmetics as it contributes to the miniaturization and degradation of the skin layer material.
  • A rise in the incidence of chronic acne vulgaris by sedentary lifestyles in adults and teenagers and the intake of fast foods will accelerate demand for salicylic acid.
  • They are used primarily in the manufacture, particularly in the elderly population, of aspirin, a drug commonly used as an anti-inflammatory drug and to treat conditions such as dementia. Premium salicylic acid is used to manufacture some quality skin care products and hair care products due to its keratolytic, comedolytic and anti-inflammatory properties.
  • Salicylic acid (from Latin Salix, willow tree) is a lipophilic monohydroxybenzoic acid, a type of phenolic acid, and a beta hydroxyl acid (BHA). This colorless crystalline organic acid is widely used in organic synthesis and functions as a plant hormone. Salicylic acid is administered in the form of aspirin which is less irritating to the stomach than salicylic acid.

Application - Segment Analysis
Skin Care Industry has been the primary market for Premium Salicylic Acid for many years at a CAGR of 4.26%. The cosmetics industry plays a significant role in the consumption of salicylic acid. Salicylic acid, due to its keratoplastic properties, is commonly used in treating many specific dermatological conditions. In addition, increasing demand for dermatology products, for example for acne solutions, is driving the premium salicylic acid market around the world. In dermatological applications, premium salicylic acid is more and more used to treat hyperkeratotic disorder of the skin, as a consequence of superior anti-inflammatory, antimicrobial and keratolytic properties. Salicylic acid treats chronic psoriasis effectively, especially when it is used as an appendix. This is also used to treat infections, such as ichthyoses, verruca and keratoderma, as it can relieve the wound and exfoliate the cornea of the stratum. In the forecast era, increased acceptance of salicylic acid in the skincare industry boosts market growth.

Geography - Segment Analysis
APAC dominated the Premium Salicylic Acid Market share with more than 45.23%, followed by North America and Europe. Because of high demand, developing countries such as China and Japan are growing. The manufacturers pay close attention to this potential market and invest heavily to bring up-to-date technologies to meet the increasing demand in the market. China has high power to control the world's price of ingredients, due to the robust production and the largest export of salicylic acid in the region.

Drivers – Premium Salicylic Acid Market
  • Increasing demand in dermatological applications
The rising demand for dermatological treatments such as acne remedies worldwide is driving the premium market in salicylic acid. In dermatologic applications, the use of high-quality salicylic acid is increased in the treatment of hyperkeratotic skin conditions due to superior anti-inflammatory, antibiotic and keratolytic properties. Salicylic acid treats chronic psoriasis effectively, especially when it is used as an appendix. It is also used for treating diseases such as keratoderma, ichthyoses and verruca as the wound is blocked and the stratum Cornea exfoliated. Growing acceptance by the skin-care industry of premium salicylic acid would fuel market growth over a projected era.

  • Increasing demand in pharmaceutical Industry 
Aspirin is a drug used for the prevention and treatment of fever, cold and cough, and is widely used as painkiller. Aspirin is one of the biggest drug sales worldwide and its use is growing, as it provides superior pain relief and is also readily available on the market. This medicine is being used more and more to prevent and treat illnesses like dementia, especially strokes between the older populations and thus drive the demand for salicylic acid. Furthermore, salicylic acid provides various advantages for treating disorders, including acne, defects and psoriasis. Such factors have resulted in a rise in salicylic acid applications in the pharmaceutical industry and this trend will drive the market.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Premium Salicylic Acid Market. In 2019, the market of Premium Salicylic Acid has been consolidated by the top five players accounting for xx% of the share. Major players in the Premium Salicylic Acid Market are Alta Laboratories, Novacap, Zhenjiang Gaopeng, J.M. Loveridge, Siddharth Carbochem, Rishabh Metals and Chemicals, Samrat Remedies, Hebei Jingye Group, Shandong Xinhua Longxin Chemical, Simco QC, Siddharth Carbochem Products, Novacap, Loveridge, Shandong Binzhou Zhiyuan Biological Technology, among others.

1. Premium Salicylic Acid Market - Overview
        1.1 Definitions and Scope
2. Premium Salicylic Acid Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Premium Salicylic Acid Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Premium Salicylic Acid Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Premium Salicylic Acid Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Premium Salicylic Acid Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Premium Salicylic Acid Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Premium Salicylic Acid Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Premium Salicylic Acid Market - By Type (Market Size -$Million / $Billion)
10. Premium Salicylic Acid - By Application Type (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Pharmaceutical
                 10.3.1.1 Key Growth Factor And Opportunity
                 10.3.1.2 Pc
                 10.3.1.3 Over-The-Counter
            10.3.2 Skin Care
                 10.3.2.1 Moisturizer
                 10.3.2.2 Sunscreen
                 10.3.2.3 Acne Solution
            10.3.3 Haircare
                 10.3.3.1 Shampoo
                 10.3.3.2 Conditioner
            10.3.4 Food Preservative Others
11. Premium Salicylic Acid- By Geography (Market Size -$Million / $Billion)
        11.1 Premium Salicylic Acid Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Premium Salicylic Acid- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Premium Salicylic Acid- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Premium Salicylic Acid - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Premium Salicylic Acid - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Premium Salicylic Acid Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Premium Salicylic Acid Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Premium Salicylic Acid Market - Key Company List by Country Premium
15. Premium Salicylic Acid Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Alfa Aesar Gmbh Co Kg
        15.3 Alta Laboratory Ltd
        15.4 Hebei Jingye Group
        15.5 J M Loveridge Ltd
        15.6 Novacap
        15.7 Shandong Xinhua Longxin Chemical Co Ltd
        15.8 Siddharth Carbochem Product Ltd
        15.9 Simco Qc
        15.10 Zhenjiang Gaopeng Pharmaceutical Co, Ltd
        15.11 Company 10
        15.12 Company 11 & More
*Financials would be provided on a best efforts basis for private companies
16. Premium Salicylic Acid Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Premium Salicylic Acid Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends