The Europe Salicylic Acid Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 29,023.04 tonnes, showcasing a growth of 6.5% (2019-2022).
In agriculture, the adoption of salicylic acid has gained momentum as a plant growth regulator and stress alleviator. Farmers and agribusinesses increasingly recognize its potential to enhance crop yield, improve disease resistance, and contribute to overall plant health. Adopting salicylic acid in the agrochemical sector aligns with the broader trend toward sustainable and environmentally friendly agricultural practices. The textile industry has adopted salicylic acid for specific applications, such as dye production and catalysis in certain reactions. This adoption speaks to the compound's versatility and utility in diverse industrial processes beyond its more commonly known uses in healthcare and skincare.
Adopting salicylic acid in preserving art and historical artifacts is a testament to its unique properties. Its ability to inhibit microbial growth makes it valuable for conservators seeking effective and non-destructive methods to protect culturally significant items. The increased consumer understanding of the benefits of salicylic acid has played a crucial role in its adoption. As consumers become more informed about skincare ingredients and demand transparency, salicylic acid products are gaining popularity due to their proven efficacy in addressing various skin concerns.
The aging population in Europe, coupled with the prevalence of arthritis, drives the demand for pharmaceutical products containing salicylic acid. The European population's focus on preventive healthcare contributes to the demand for aspirin-containing medications. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Salicylic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $54.8 million by 2030. The UK market is exhibiting a CAGR of 6.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8% during (2023 - 2030).
Free Valuable Insights: The Global Salicylic Acid Market will Hit $854.8 Million by 2030, at a CAGR of 7.4%
Based on Application, the market is segmented into Pharmaceutical, Skin Care, Hair Care, and Food Preservatives & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Thermo Fisher Scientific, Inc.
- Avonchem Ltd.
- Hebei jingye group
- Siddharth Carbochem Products Ltd.
- Larachem Inc.
- Merck KGaA
- Midas Pharma Gmbh
- Novocap S.A.
- Shandong Xinhua Pharmaceuticals Co., Ltd.
- Solvay SA
Europe Salicylic Acid Market Report Segmentation
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Pharmaceutical
- Skin Care
- Hair Care
- Food Preservatives & Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 2 Europe Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 3 Europe Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 4 Europe Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 5 Europe Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 6 Europe Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 7 Europe Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 8 Europe Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 9 Europe Pharmaceutical Market, By Country, 2019 - 2022, USD Million
TABLE 10 Europe Pharmaceutical Market, By Country, 2023 - 2030, USD Million
TABLE 11 Europe Pharmaceutical Market, By Country, 2019 - 2022, Tonnes
TABLE 12 Europe Pharmaceutical Market, By Country, 2023 - 2030, Tonnes
TABLE 13 Europe Skin Care Market, By Country, 2019 - 2022, USD Million
TABLE 14 Europe Skin Care Market, By Country, 2023 - 2030, USD Million
TABLE 15 Europe Skin Care Market, By Country, 2019 - 2022, Tonnes
TABLE 16 Europe Skin Care Market, By Country, 2023 - 2030, Tonnes
TABLE 17 Europe Hair Care Market, By Country, 2019 - 2022, USD Million
TABLE 18 Europe Hair Care Market, By Country, 2023 - 2030, USD Million
TABLE 19 Europe Hair Care Market, By Country, 2019 - 2022, Tonnes
TABLE 20 Europe Hair Care Market, By Country, 2023 - 2030, Tonnes
TABLE 21 Europe Food Preservatives & Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 Europe Food Preservatives & Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 Europe Food Preservatives & Others Market, By Country, 2019 - 2022, Tonnes
TABLE 24 Europe Food Preservatives & Others Market, By Country, 2023 - 2030, Tonnes
TABLE 25 Europe Salicylic Acid Market, By Country, 2019 - 2022, USD Million
TABLE 26 Europe Salicylic Acid Market, By Country, 2023 - 2030, USD Million
TABLE 27 Europe Salicylic Acid Market, By Country, 2019 - 2022, Tonnes
TABLE 28 Europe Salicylic Acid Market, By Country, 2023 - 2030, Tonnes
TABLE 29 Germany Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 30 Germany Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 31 Germany Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 32 Germany Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 33 Germany Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 34 Germany Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 35 Germany Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 36 Germany Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 37 UK Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 38 UK Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 39 UK Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 40 UK Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 41 UK Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 42 UK Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 43 UK Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 44 UK Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 45 France Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 46 France Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 47 France Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 48 France Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 49 France Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 50 France Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 51 France Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 52 France Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 53 Russia Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 54 Russia Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 55 Russia Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 56 Russia Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 57 Russia Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 58 Russia Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 59 Russia Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 60 Russia Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 61 Spain Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 62 Spain Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 63 Spain Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 64 Spain Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 65 Spain Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 66 Spain Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 67 Spain Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 68 Spain Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 69 Italy Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 70 Italy Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 71 Italy Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 72 Italy Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 73 Italy Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 74 Italy Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 75 Italy Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 76 Italy Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 77 Rest of Europe Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 79 Rest of Europe Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 80 Rest of Europe Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 81 Rest of Europe Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 84 Rest of Europe Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 85 Key Information – Avonchem Ltd.
TABLE 86 Key Information – Hebei jingye group
TABLE 87 Key Information – Larachem Inc.
TABLE 88 Key Information – Midas Pharma GmbH
TABLE 89 Key Information – Shandong Xinhua Pharmaceutical Co., Ltd
TABLE 90 Key Information – Thermo Fisher Scientific, Inc.
TABLE 91 key Information – Merck KGaA
TABLE 92 Key Information – Solvay SA
TABLE 93 Key Information – Novocap S.A.
TABLE 94 Key Information – Siddharth Carbochem Products Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Salicylic Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Salicylic Acid Market
FIG 4 Porter’s Five Forces Analysis - Salicylic Acid Market
FIG 5 Europe Salicylic Acid Market, Share By Application, 2022
FIG 6 Europe Salicylic Acid Market, Share By Application, 2030
FIG 7 Europe Salicylic Acid Market, By Application, 2019 - 2030, USD Million
FIG 8 Europe Salicylic Acid Market, Share By Country, 2022
FIG 9 Europe Salicylic Acid Market, Share By Country, 2030
FIG 10 Europe Salicylic Acid Market, By Country, 2019 - 2030, USD Million
FIG 11 Swot Analysis: Avonchem Ltd.
FIG 12 Swot Analysis: Thermo Fisher Scientific, Inc.
FIG 13 Swot Analysis: Merck KGaA
FIG 14 SWOT Analysis: Solvay SA