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Salicylic Acid Market Analysis, Market Size, Share, Regional

Outlook, Industry Trends, Competitive Strategies And
Segment Forecasts, 2012 To 2020

Industry Insights
Salicylic acid is the organic acid extracted from willow black leaves and winter green plants. It is mainly
used as antiseptic, pain reliever and food preservative among other applications. Salicylic acid is used as
raw material in the production of aspirin. Salicylic acid has wide number of advantages in curing diseases
such as blemishes, acne and psoriasis among others. This advantageous factor of salicylic acid has found
vast application scope in pharmaceutical industry.
Moreover, salicylic acid is used in personal care & cosmetics industry owing to its oxidation property. It
is also used in functional foods as a preservative agent. Increasing demand from pharmaceuticals has
been the key factor driving salicylic acid market over the recent past and the trend is expected to
continue over the forecast period. Aspirin has widespread application base in pharmaceutical industry.
Salicylic acid is an important raw material used in the production of aspirin.
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Increasing demand for aspirin from pharmaceutical industry is the key factor expected to drive salicylic
acid market over the next five years. Growing application scope of salicylic acid in personal care and
cosmetic products such as hair care and skin care products is expected to augment the market growth
over the forecast period. Increasing awareness and health concerns towards healthy skin and healthy
hair is expected to drive the demand for cosmetics & personal care products, which in turn likely to fuel
the salicylic acid market growth over the foreseeable period.
Moreover, increasing application scope of salicylic acid in foods & preservatives industry is expected to
complement the market growth over the forecasted period. However, side effects caused by over usage
of salicylic acid is expected to hamper the market growth in personal care & cosmetics industry in near
future. Permissible level of salicylic acid in cosmetics such as shower gels, creams, conditioners and
shampoos is 0.5% to 2%. Salicylic acid has many advantages, when used under the permissible limits.
However, increasing demand from other end-use industries including pharmaceuticals and foods &
preservatives is expected to drive the market considerably over the foreseeable period.
Application Insights
Pharmaceutical was the largest application segment for salicylic acid in 2013 and is expected to remain
the dominating market over the next five years. Aspirin is one of the most selling drugs across the globe.
Aspirin has been gaining wide acceptance over the recent past owing to increasing application scope of
aspirin in major drugs. This trend is expected to drive salicylic acid market at a good pace over the
forecast period. Foods & preservatives is the second major market for salicylic acid followed by personal
care & cosmetics industry.
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Personal care & cosmetics industry is anticipated to witness significant growth over the next five years
on account of increasing demand for hair care and skin care products across the globe. Rising
environmental effects on human body over the last few years led to increase in demand for
moisturizers, body lotions and other skin care products, which is expected to be the key driving factor
for the market growth.
Regional Insights
Europe witnessed to be the largest market for salicylic acid in 2013 and is expected to witness significant
growth over the forecast period. Owing to increasing demand for skin care and hair care products,
salicylic acid demand has been increasing in this region. Asia Pacific is the fastest growing market over

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the last five years on account of increasing demand from pharmaceutical and cosmetics industry in this
region.
Competitive Insights
Salicylic acid market is highly dominated with less number of market participants operating globally.
However, there are many SMSEs in China producing industrial grade salicylic acid at relatively low cost.
Some key players in this market include J.M. Loveridge Ltd., Novacap Group, Alfa Aesar and SIMCO
Chemicals Inc
Table of Contents
Chapter 1 Executive Summary
1.1 Salicylic Acid - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Salicylic Acid Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Salicylic Acid Value Chain Analysis
2.4 Salicylic Acid Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porters
2.7 Salicylic Acid - PESTEL Analysis
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Chapter 3 Salicylic Acid Application Outlook
3.1 Pharmaceuticals
3.2 Food and Preservatives
3.3 Cosmetics
3.4 Others
Chapter 4 Salicylic Acid Regional Outlook
4.1 North America
4.2 Europe
4.3 Asia Pacific

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4.4 RoW
Chapter 5 Salicylic Acid Competitive Landscape
5.1 Alfa Aesar
5.2 Alta Laboratories
5.3 JM Loveridge Limited
5.4 Novocap
5.5 Siddharth Carbochem Products Ltd
5.6 Simco Chemicals
5.7 Zhenjiang Gaopeng Pharmaceutical Co. Ltd
Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope & Assumption
6.3 List of Data Sources
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