The Latin America, Middle East and Africa Salicylic Acid Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 13,967.06 tonnes, showcasing a growth of 9.6% (2023-2030).
The components in the products they utilize are becoming increasingly conscious to consumers. There is a trend toward transparency in labelling, and products containing salicylic acid may benefit from clear communication about their benefits and sources. Research continues into the development of combination therapies involving salicylic acid. Combining salicylic acid with other compounds aims to enhance therapeutic effects and address various health conditions more comprehensively. Integrating AI and machine learning in production has been explored to optimize manufacturing efficiency. AI systems can examine complicated data sets to detect patterns and improve salicylic acid production.
Innovations in cosmetic formulations involve using nanotechnology to enhance the delivery of salicylic acid. Nano-sized particles can improve the compound's penetration into the skin, increasing its efficacy in skincare products. The salicylic acid market has been exploring green chemistry principles to develop more sustainable production practices. This includes reducing waste, using renewable resources, and lowering the environmental impact of the manufacturing process. Exploration of bio-based salicylic acid derived from renewable sources, such as biomass or microbial fermentation, is gaining attention. This aligns with the broader trend of sustainable and bio-based chemicals.
The demand for effective scalp health products in the UAE can drive the inclusion of salicylic acid in such formulations. Specialized hair care brands in the UAE may differentiate themselves by incorporating salicylic acid into their formulations. This can attract consumers looking for innovative and effective solutions in the UAE. Hence, due to these aspects, the salicylic acid market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Salicylic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $17.1 million by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.6% during (2023 - 2030).
Free Valuable Insights: The Worldwide Salicylic Acid Market is Projected to reach USD 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 4 LAMEA Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 5 LAMEA Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 6 LAMEA Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 7 LAMEA Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 8 LAMEA Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 9 LAMEA Pharmaceutical Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Pharmaceutical Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Pharmaceutical Market, By Country, 2019 - 2022, Tonnes
TABLE 12 LAMEA Pharmaceutical Market, By Country, 2023 - 2030, Tonnes
TABLE 13 LAMEA Skin Care Market, By Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Skin Care Market, By Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Skin Care Market, By Country, 2019 - 2022, Tonnes
TABLE 16 LAMEA Skin Care Market, By Country, 2023 - 2030, Tonnes
TABLE 17 LAMEA Hair Care Market, By Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Hair Care Market, By Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Hair Care Market, By Country, 2019 - 2022, Tonnes
TABLE 20 LAMEA Hair Care Market, By Country, 2023 - 2030, Tonnes
TABLE 21 LAMEA Food Preservatives & Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Food Preservatives & Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Food Preservatives & Others Market, By Country, 2019 - 2022, Tonnes
TABLE 24 LAMEA Food Preservatives & Others Market, By Country, 2023 - 2030, Tonnes
TABLE 25 LAMEA Salicylic Acid Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Salicylic Acid Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Salicylic Acid Market, By Country, 2019 - 2022, Tonnes
TABLE 28 LAMEA Salicylic Acid Market, By Country, 2023 - 2030, Tonnes
TABLE 29 Brazil Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 30 Brazil Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 31 Brazil Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 32 Brazil Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 33 Brazil Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 34 Brazil Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 35 Brazil Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 36 Brazil Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 37 Argentina Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 38 Argentina Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 39 Argentina Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 40 Argentina Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 41 Argentina Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 42 Argentina Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 43 Argentina Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 44 Argentina Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 45 UAE Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 46 UAE Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 47 UAE Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 48 UAE Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 49 UAE Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 50 UAE Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 51 UAE Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 52 UAE Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 53 Saudi Arabia Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 56 Saudi Arabia Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 57 Saudi Arabia Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 60 Saudi Arabia Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 61 South Africa Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 62 South Africa Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 63 South Africa Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 64 South Africa Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 65 South Africa Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 66 South Africa Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 67 South Africa Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 68 South Africa Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 69 Nigeria Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 71 Nigeria Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 72 Nigeria Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 73 Nigeria Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 75 Nigeria Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 76 Nigeria Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
TABLE 77 Rest of LAMEA Salicylic Acid Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Salicylic Acid Market, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Salicylic Acid Market, 2019 - 2022, Tonnes
TABLE 80 Rest of LAMEA Salicylic Acid Market, 2023 - 2030, Tonnes
TABLE 81 Rest of LAMEA Salicylic Acid Market, By Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Salicylic Acid Market, By Application, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
TABLE 84 Rest of LAMEA 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 LAMEA 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 LAMEA Salicylic Acid Market, Share By Application, 2022
FIG 6 LAMEA Salicylic Acid Market, Share By Application, 2030
FIG 7 LAMEA Salicylic Acid Market, By Application, 2019 - 2030, USD Million
FIG 8 LAMEA Salicylic Acid Market, Share By Country, 2022
FIG 9 LAMEA Salicylic Acid Market, Share By Country, 2030
FIG 10 LAMEA 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