Salicylic Acid Market

Salicylic Acid Market for Pharmaceutical, Skin care, Hair care and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019

Global Salicylic Acid Market: Overview

Salicylic acid is a colorless, crystalline substance and has pain relieving and anti-inflammatory properties. Majority of the salicylic acid produced is used as a key ingredient in the manufacture of aspirin. In addition, salicylic acid helps in curing various skin ailments including blemishes, acne, psoriasis and dandruff among others. Preservatives in food, intermediate in the manufacture of chemicals and fragrances are other uses of salicylic acid. Growth of the global skincare and haircare market is expected to drive the demand for salicylic acid, as more and more consumers are becoming increasingly aware of benefits of salicylic acid for skin and hair. In addition, growing demand for aspirin on account of its medicinal benefits on health coupled with increasing awareness regarding general well-being among consumers is expected to augment the salicylic acid market over the next few years. However, growing concerns regarding the side-effects of exposure to salicylic acid through excessive consumption or excessive external application such as blistering of skin, intoxication and irritation of stomach lining is expected to hamper the growth of the market. Research studies proving the reduced risks of dementia, strokes and Hughes Syndrome among patients is expected to open new opportunities for the growth of the salicylic acid market in the next few years. 
 
Pharmaceuticals was the largest application segment present within the salicylic acid market and accounted for over 50% of the total demand in 2012 as salicylic acid has been primarily used as a key ingredient in the manufacture of aspirin and as an additive in various other drugs and ointments. The growth of the global pharmaceutical market on account of initiatives by various national governments coupled with rising awareness regarding general well-being among consumers is expected to fuel the demand for salicylic acid over the next few years. However, skincare is expected to witness the fastest growth within the salicylic acid market over the next few years closely followed by haircare. 
 
Demand for salicylic acid was highest in North America followed by Europe in 2012, together accounting for over 60% of the salicylic acid market. Prevalence of a large skincare and haircare in this regions resulted in a high demand for salicylic acid. In addition, presence of a large pharmaceutical industry led to an elevated demand for salicylic acid. Asia Pacific is expected to witness the fastest growth in terms of demand for salicylic acid market within the forecast period due to the growing pharmaceutical, skincare and haircare market. Changing lifestyles and growing awareness regarding healthy skin and hair among consumers present in Asia Pacific, is expected to drive the skincare and haircare market. Furthermore, increasing consumer awareness regarding the benefits of salicylic acid on skin and hair is expected to augment its demand in skincare and haircare products. Moreover, growth of the pharmaceutical market due to growing ageing population, government initiatives and rising awareness regarding general well-being among consumers is expected to fuel the demand for salicylic acid, as it forms a vital ingredient of several drugs and ointments.
 
global-salicylic-acid-market-volume-share-by-application-2012-and-2019

    1. Preface

        1.1. Research description

        1.2. Market segmentation

            1.2.1. Global salicylic acid market segmentation

        1.3. Research scope and methodology

            1.3.1. Assumptions

        1.4. Abbreviations

    2. Executive Summary

        2.1. Global demand for salicylic acid, 2013-2019 (Tons) (USD Million)

        2.2. Salicylic acid: Market snapshot (2012 and 2019)

    3. Salicylic Acid: Industry Analysis

        3.1. Introduction

        3.2. Value chain analysis

        3.3. Market drivers

            3.3.1. Increasing skincare and hair care applications augmenting demand for salicylic acid

            3.3.2. Growing demand for aspirin 

        3.4. Market restraints

            3.4.1. Growing concerns regarding salicylic acid side-effects

        3.5. Market opportunities

            3.5.1. Research studies proving the effectiveness of aspirin on life-threatening diseases

        3.6. Porter’s five forces analysis

            3.6.1. Bargaining power of suppliers

            3.6.2. Bargaining power of buyers

            3.6.3. Threat of new entrants

            3.6.4. Threat of substitutes

            3.6.5. Degree of competition

        3.7. Salicylic acid: Market attractiveness analysis

    4. Salicylic Acid Market: Application Analysis

        4.1. Global salicylic acid market: Application overview

            4.1.1. Global salicylic acid market volume share, by application, 2012 and 2019

        4.2. Salicylic acid market, by application

            4.2.1. Pharmaceutical

                4.2.1.1. Global salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

            4.2.2. Skincare

                4.2.2.1. Global salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

            4.2.3. Haircare

                4.2.3.1. Global salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

            4.2.4. Others

                4.2.4.1. Global salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

    5. Salicylic Acid Market: Regional Analysis

        5.1. Global salicylic acid market: Regional overview

            5.1.1. Global salicylic acid market volume share, by region, 2012 and 2019

        5.2. North America

            5.2.1. North America salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

            5.2.2. North America salicylic acid demand, by application, 2012-2019 (Tons) (USD Million)

                5.2.2.1. North America salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

                5.2.2.2. North America salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

                5.2.2.3. North America salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

                5.2.2.4. North America salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

        5.3. Europe

            5.3.1. Europe salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

            5.3.2. Europe salicylic acid demand, by application, 2012-2019 (Tons) (USD Million)

                5.3.2.1. Europe salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

                5.3.2.2. Europe salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

                5.3.2.3. Europe salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

                5.3.2.4. Europe salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

        5.4. Asia Pacific

            5.4.1. Asia Pacific salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

            5.4.2. Asia Pacific salicylic acid demand, by application, 2012-2019 (Tons) (USD Million)

                5.4.2.1. Asia Pacific salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

                5.4.2.2. Asia Pacific salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

                5.4.2.3. Asia Pacific salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

                5.4.2.4. Asia Pacific salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

        5.5. Rest of the World

            5.5.1. RoW salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

            5.5.2. RoW salicylic acid demand, by application, 2012-2019 (Tons) (USD Million)

                5.5.2.1. RoW salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

                5.5.2.2. RoW salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

                5.5.2.3. RoW salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

                5.5.2.4. RoW salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

    6. Company Profiles

        6.1. Alfa Aesar

            6.1.1. Company overview

            6.1.2. Product portfolio

            6.1.3. Financial overview

            6.1.4. Business strategy

            6.1.5. SWOT analysis

            6.1.6. Recent developments

        6.2. Alta Laboratories Limited

            6.2.1. Company overview

            6.2.2. Product portfolio

            6.2.3. Business strategy

            6.2.4. SWOT analysis

        6.3. J.M. Loveridge Limited

            6.3.1. Company overview

            6.3.2. Product portfolio

            6.3.3. Business strategy

            6.3.4. SWOT analysis

        6.4. Novacap

            6.4.1. Company overview

            6.4.2. Product portfolio

            6.4.3. Financial overview

            6.4.4. Business strategy

            6.4.5. SWOT analysis

            6.4.6. Recent developments

        6.5. Siddharth Carbochem Products Ltd.

            6.5.1. Company overview

            6.5.2. Product portfolio

            6.5.3. Business strategy

            6.5.4. SWOT analysis

        6.6. Simco Chemicals Inc.

            6.6.1. Company overview

            6.6.2. Product portfolio

            6.6.3. Business strategy

            6.6.4. SWOT analysis

        6.7. Zhenjiang Gaopeng Pharmaceutical Co. Ltd.

            6.7.1. Company overview

            6.7.2. Product portfolio

            6.7.3. Business strategy

            6.7.4. SWOT analysis

    List of Tables

    TABLE 1: Salicylic acid: Global snapshot

    TABLE 2: Drivers for salicylic acid market: Impact analysis

    TABLE 3: Restraints for salicylic acid market: Impact analysis

    List of Figures

    FIG. 1: Global salicylic acid market segmentation

    FIG. 2: Global demand for salicylic acid, 2013-2019 (Tons) (USD Million)

    FIG. 3: Salicylic acid: Value chain analysis

    FIG. 4: Growth of global skincare and hair care market, estimate and forecast, 2011-2018 (USD billion)

    FIG. 5: Porter’s five force analysis

    FIG. 6: Salicylic acid: Market attractiveness analysis (2012)

    FIG. 7: Global salicylic acid market volume share, by application, 2012 and 2019

    FIG. 8: Global salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

    FIG. 9: Global salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

    FIG. 10: Global salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

    FIG. 11: Global salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

    FIG. 12: Global salicylic acid market volume share, by region, 2012 and 2019

    FIG. 13: North America salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

    FIG. 14: North America salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

    FIG. 15: North America salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

    FIG. 16: North America salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

    FIG. 17: North America salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

    FIG. 18: Europe salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

    FIG. 19: Europe salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

    FIG. 20: Europe salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

    FIG. 21: Europe salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

    FIG. 22: Europe salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

    FIG. 23: Asia Pacific salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

    FIG. 24: Asia Pacific salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

    FIG. 25: Asia Pacific salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

    FIG. 26: Asia Pacific salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

    FIG. 27: Asia Pacific salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

    FIG. 28: RoW salicylic acid demand, volume and revenue, 2012-2019 (Tons) (USD Million)

    FIG. 29: RoW salicylic acid demand in pharmaceuticals, 2012-2019 (Tons) (USD Million)

    FIG. 30: RoW salicylic acid demand in skincare, 2012-2019 (Tons) (USD Million)

    FIG. 31: RoW salicylic acid demand in haircare, 2012-2019 (Tons) (USD Million)

    FIG. 32: RoW salicylic acid demand in other applications, 2012-2019 (Tons) (USD Million)

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