Home / News / Salicylic Acid Market is Expected to Reach US$0.44 Billion By 2022: Credence Research

Salicylic Acid Market is Expected to Reach US$0.44 Billion By 2022: Credence Research

According to a new market report published by Credence Research, “Salicylic Acid Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the demand for salicylic acid is expected to witness high demand due to growing demand from the pharmaceutical and cosmetic industry.

Salicylic acid is a general organic acid found naturally from the bark of willow tree. The existence of salicylic acid traces since centuries as people had used the bark of willow tree for various medicinal purposes. Salicylic acid was introduced to the market by a Greek Physician Hippocrates. The medicinal properties of salicylic acid were reviled by various physicians, chemists and researches. Salicylic acid is used to reduce fever, aches and pain. It was used as an anti-inflammatory drug in the ancient times.

Browse Full Report at http://www.credenceresearch.com/report/salicylic-acid-market

Salicylic acid is used in various medicinal products since ancient times. It is used in many topical products which are used to cure pain and aches. Salicylic acid is also used in the treatment of psoriasis, corns, callus, etc as salicylic acid works as a comedolytic agent. It helps prevent clogging of pores by constricting pore diameter which then allows growth of new cells. Therefore, salicylic acid is used in the production of wide range of medicinal products and is also used in cosmetics to prevent acne. It is also used in the production of shampoos to treat dandruff. Apart from medical applications, salicylic acid is also used in food industry as a preservative due to its antiseptic property. It is used in the food industry in very low doses as it can react with other chemicals causing toxicity. Industrial applications are therefore expected to boost market demand for salicylic acid.

The beneficial properties of salicylic acid market have led to high demand for various applications in the market. Rising demand for aspirin in the market is the major factor promoting the growth of global salicylic acid market. In addition, growing use of salicylic acid in personal care products and cosmetics is also driving the growth of salicylic acid market. Increasing demand and consumption of processed foods and flavored drinks have also created growth opportunities for salicylic acid market in the food industry. Antiseptic properties of salicylic acid have generated high demand from food and preservatives sector globally. Therefore, high demand is projected for salicylic acid during the forecast period from 2016 to 2022.

Browse Full Report at http://www.credenceresearch.com/report/salicylic-acid-market

Europe accounted for larger share of global salicylic acid market in 2015 and is expected to retain its market position due to growing demand from the personal care products and cosmetic industry in the region. High demand from the pharmaceutical sector is also expected to boost demand for salicylic acid in the region. Asia Pacific was reported to be the fastest growing market for salicylic acid globally. Increasing awareness for well being and health among the people, especially in emerging economies such as China and India has contributed to the demand of various skin and hair care products, thereby promoting growth of salicylic acid in the market. North America is expected to experience steady growth during the forecast period. Other regions such as Middle East & Africa and Rest of the World are also anticipated to offer growth opportunities for salicylic acid due to growing pharmaceutical, food and personal care products industries in the regions.

Latest Reports:

Organic Hair Care Market By Product (Shampoo, Hair Colorants, Salon Products, Styling Agents, Conditioner) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022

Waterproofing Chemicals Market By Product (Bitumen, Polymers, Others), Application (Roofing, Walls, Building, Tunnels, Landfills, Others) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022

Superabsorbent Polymers Market By Product (Sodium Polyacrylate, Polyarylamide Copolymers), By Application (General Application, Medical Application) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Contact:

Name: Chris Smith

Designation: Global Sales Manager

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web:  Credence Research

Release ID: 2374

About Chris Smith

Check Also

400-400

Worldwide Survey: Contraceptives Sales Market 2016 to 2022 Size, Share, analysis,Trends and Forecast By Acute Market Reports

Report Description: Notes: Sales, means the sales volume of Contraceptives Revenue, means the sales value ...