The Salicylic Acid Market is Predict to reach $854.8 Million by 2030, at a CAGR of 7.4%

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Salicylic Acid Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Salicylic Acid Market size is expected to reach $854.8 billion by 2030, rising at a market growth of 7.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,46,668.82 tonnes, experiencing a growth of 6.6% (2019-2022).

The Skin Care segment is experiencing a CAGR of 7.7% during (2023 - 2030). Salicylic acid is a beta-hydroxy acid (BHA) that stimulates oil glands, exfoliates dead skin cells, and unclogs pores. As a result, it is extremely effective at treating and preventing acne, including blackheads and whiteheads. Salicylic acid's exfoliating properties make it valuable for promoting skin renewal. It helps remove dead skin cells, allowing new, healthier skin growth. Salicylic acid helps regulate sebum production in the skin. Preventing excess oil buildup reduces the likelihood of clogged pores and acne breakouts.

Full Report: https://www.kbvresearch.com/salicylic-acid-market/

The North America region dominated the Global Salicylic Acid Market, By Region in 2022, thereby achieving a market value of $297.3 million by 2030, growing at a CAGR of 6.7 % during the forecast period. The Europe region is experiencing a CAGR of 7.2% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 8.2% during (2023 - 2030).

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

Salicylic Acid Market Report Segmentation

By Application (Volume, Tonnes, USD Million, 2019-2030)

Pharmaceutical
Skin Care
Hair Care
Food Preservatives & Others

By Geography (Volume, Tonnes, USD Million, 2019-2030)

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA