Market outlook of the salicylic acid market
Technavios market research analyst predicts the global salicylic acid market to grow at a CAGR of around 9% during the forecast period. The increased use of salicylic acid in the manufacture of aspirin and its extensive application in the pharmaceutical sector is the primary driver for the growth of the market.
The increased preference for preserved food and beverages among consumers is anticipated to contribute to the market growth of salicylic acid during the forecast period. With increasing health consciousness among the global population, consumers are particular about the food they consume and the ingredients used in its processing. The use of salicylic acid in functional foods helps in preventing diabetes, improving health, and treating dermatitis and warts among patients. The demand for functional foods is high in regions such as APAC and North America due to the growing trend of healthy living in these countries.
Segmentation by application and analysis of the salicylic acid market
• Pharmaceuticals
• Cosmetics
• Food and preservatives
Pharmaceuticals is expected to account for around 41% of the market share by the end of 2019. Salicylic acid is used in the treatment of diseases such as psoriasis, seborrhoeic dermatitis, and eczema.
Geographical segmentation and analysis of the global salicylic acid market
• APAC
• EMEA
• North America
• ROW
EMEA accounted for the around 45% of the market share during 2014. The report anticipates the region to witness a decline in its market shares during the forecast period. The decrease in growth of cosmetics and personal care segment is expected to affect the growth of this region.
Competitive landscape and key vendors
The global salicylic acid market is highly competitive due to the influx of private providers into the market. The market is predicted to witness an increased number or mergers and R&D during the forecast period.
The key vendors in the market are –
• Alta Laboratories
• Alfa Aesar
• Novacap
• Sigma-Aldrich
• Zhenjiang Gaopeng
Other prominent vendors in the market include J.M. Loveridge, Siddharth Carbochem, Rishabh Metals and Chemicals, and Samrat Remedies.
Key questions answered in the report include
• What will the market size and the growth rate be in 2019?
• What are the key factors driving the salicylic acid market?
• What are the key market trends impacting the growth of the global salicylic acid market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the salicylic acid market?
• Trending factors influencing the market shares of the APAC, EMEA, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global salicylic acid market?
Related reports
• Global Fumaric Acid Market 2015-2019
• Global Muconic Acid Market 2015-2019
• Global Formic Acid Market 2015-2019
• Global Phosphoric Acid Market 2015-2019
• Global Monochloroacetic Acid (MCAA) Market 2015-2019
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Pharmaceuticals sector
Cosmetics sector
Food, preservative, and others sector
PART 07: Market segmentation by geography
APAC
Americas
EMEA
PART 08: Manufacturing process analysis
Manufacturing process
PART 09: Trade balance analysis
Overview
Customs import duty
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
Key vendors in 2014
Other prominent vendors
PART 16: Key vendor analysis
Alta Laboratories
Alfa Aesar
Novacap
Sigma-Aldrich
Zhenjiang Gaopeng
PART 17: Appendix
List of abbreviation
PART 18: Explore Technavio
Exhibit 01: Segmentation of global salicylic acid market by application 7
Exhibit 02: Segmentation of global salicylic acid market by geography 7
Exhibit 03: Market overview of global salicylic acid market
Exhibit 04: Global salicylic acid market 2014-2019 ($ millions)
Exhibit 05: Global salicylic acid market 2014-2019 (000 tons)
Exhibit 06: Five forces analysis
Exhibit 07: Segmentation of global salicylic acid market 2014
Exhibit 08: Segmentation of global salicylic acid market 2019
Exhibit 09: Salicylic acid in pharmaceuticals sector 2015-2019 ($ millions)
Exhibit 10: Salicylic acid in cosmetics sector 2015-2019 ($ millions)
Exhibit 11: Salicylic acid in food, preservative, and others sector 2015-2019 ($ millions)
Exhibit 12: Segmentation of global malic acid market 2014
Exhibit 13: Segmentation of global malic acid market 2019
Exhibit 14: Salicylic acid market in APAC 2014-2019 ($ millions)
Exhibit 15: China salicylic acid trade balance 2004-2014 (tons)
Exhibit 16: India salicylic acid trade balance 2004-2014 (tons)
Exhibit 17: Salicylic acid market in Americas 2014-2019 ($ millions)
Exhibit 18: US salicylic acid trade balance 2004-2014 (tons)
Exhibit 19: Mexico salicylic acid trade balance 2004-2014 (tons)
Exhibit 20: Salicylic acid market in EMEA 2014-2019 ($ millions)
Exhibit 21: Germany salicylic acid trade balance 2004-2014 (tons)
Exhibit 22: Market volume of cosmetics and personal care products in Europe in 2014 ($ billions)
Exhibit 23: Global salicylic acid trade balance 2005-2014 (kilotons)
Exhibit 24: Customs Import Duty of salicylic acid under HS Code 29182110
Exhibit 26: Global food and beverage trade statistics ($ billions)
Exhibit 27: Percentage distribution of top ten exporters in food and beverage industry
Exhibit 28: Percentage distribution of top ten exporters in food and beverage industry
Exhibit 29: Industry traders (exporters) in food and beverage
Exhibit 30: Industry traders (importers) in food and beverage
Exhibit 31: BRIC nations GDP projection 2014-2019 ($ billions)
Exhibit 32: BRIC nations populations growth 2014-2019 (millions)
Exhibit 33: Impact of drivers
Exhibit 34: Impact of drivers and challenges
Exhibit 35: Key vendors of global salicylic acid market in 2014
Exhibit 36: Alta Laboratories: Products
Exhibit 37: Alfa Aesar: Product categories
Exhibit 38: Novacap: Business segmentation by revenue 2014
Exhibit 39: Novacap: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 40: Novacap: Geographical segmentation by revenue 2014
Exhibit 41: Sigma-Aldrich: Business units by revenue 2014
Exhibit 42: Sigma-Aldrich: Business units by revenue 2013 and 2014 ($ millions)
Exhibit 43: Sigma-Aldrich: Geographical segmentation by revenue 2014
Exhibit 44: Zhenjiang Gaopeng: Product categories
