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The future of the salicylic acid market looks promising with opportunities in the pharmaceutical, food & preservative, and cosmetic industries. The global salicylic acid market is expected to grow with a CAGR of 7% to 9% from 2021 to 2026. The major drivers for this market are increased phenol supply, advancement of medical industry, and growing cosmetic market.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of salicylic acid market report download the report
The study includes trends and forecasts for the global salicylic acid market by application, end use industry, and region as follows:
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
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Antifungal
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Dentifrices
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Antiseptic
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Anti-irritant
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Moisturizer
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Sunscreen
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Acne Solution
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Conditioner
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Shampoo
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Others
By End Use Industry [Kilotons and $M shipment analysis for 2015 – 2026]:
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Pharmaceutical
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Food & Preservatives
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Cosmetics
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Pharmaceuticals will remain the largest end use industry and witness the highest growth during the forecast period due to increased use of salicylic acid-based drugs for skin disorders, cardiovascular diseases, and Hughes syndrome.
Europe will remain the largest region during the forecast period due to government support to healthcare sector, customer awareness of health and hygiene, rising skin & hair care sector, and increasing adoption of aspirin by aging population in the region.
Some of the salicylic acid companies profiled in this report include Alfa Aesar, J.M. Loveridge, Alta Laboratories, Siddharth Carbochem Products, Zhenjiang Gaopeng Pharmaceutical, Novocap, and Simco Chemicals.
Features of Salicylic acid Market
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Market Size Estimates: Salicylic acid market size estimation in terms of volume & value (Kilotons and $M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by application and end use industry
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Regional Analysis: Salicylic acid market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different end use industries, application, and regions for salicylic acid market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the salicylic acid market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global salicylic acid market by application (antifungal, dentifrices, antiseptic, anti-irritant, moisturizer, sunscreen, acne solution, conditioner, shampoo, and others), end use industry (pharmaceutical, food & preservatives, and cosmetics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the salicylic acid market?
Q.5 What are the business risks and threats to the salicylic acid market?
Q.6 What are emerging trends in this salicylic acid market and the reasons behind them?
Q.7 What are some changing demands of customers in the salicylic acid market?
Q.8 What are the new developments in the salicylic acid market? Which companies are leading these developments?
Q.9 Who are the major players in the salicylic acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the salicylic acid market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the salicylic acid market?
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