Premium Salicylic Acid Market size is forecast to reach $73.76 million by 2025, after growing at a CAGR of 5.95% during 2020-2025. The treatments of various skin-related disorders are focused on salicylic acid medicated cosmetics. Medical cosmetics are becoming more and more popular as cosmetics have a rise in adverse effects on the human body. The demand for medications, body lotions, sun and sunscreen creams and other skin care products has been growing. The growth of salicylic acid-base cosmetics is expected to be driven by increased pimples, white heads, blackheads, warts, and zits. Further, increases the overall demand over forecast period.

Key Takeaways

In the cosmetic industry the market for premium Salicylic Acid is on the rise as the market for facial creams and solutions to minimize acne is strong. Salicylic acid has a penetration potential in oily skin and is therefore the best choice for the treatment of oily skin and issues like breakouts, blackheads, whiteheads and acne.

Salicylic acid is also used to manufacture cosmetics as it contributes to the miniaturization and degradation of the skin layer material.

A rise in the incidence of chronic acne vulgaris by sedentary lifestyles in adults and teenagers and the intake of fast foods will accelerate demand for salicylic acid.

They are used primarily in the manufacture, particularly in the elderly population, of aspirin, a drug commonly used as an anti-inflammatory drug and to treat conditions such as dementia. Premium salicylic acid is used to manufacture some quality skin care products and hair care products due to its keratolytic, comedolytic and anti-inflammatory properties.

Salicylic acid (from Latin Salix, willow tree) is a lipophilic monohydroxybenzoic acid, a type of phenolic acid, and a beta hydroxyl acid (BHA). This colorless crystalline organic acid is widely used in organic synthesis and functions as a plant hormone. Salicylic acid is administered in the form of aspirin which is less irritating to the stomach than salicylic acid.

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Geography - Segment Analysis

APAC dominated the Premium Salicylic Acid Market share with more than 45.23%, followed by North America and Europe. Because of high demand, developing countries such as China and Japan are growing. The manufacturers pay close attention to this potential market and invest heavily to bring up-to-date technologies to meet the increasing demand in the market. China has high power to control the world's price of ingredients, due to the robust production and the largest export of salicylic acid in the region.

Drivers – Premium Salicylic Acid Market

Increasing demand in dermatological applications

Increasing demand in pharmaceutical Industry

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Premium Salicylic Acid Market. Major players in the Premium Salicylic Acid Market are Alta Laboratories, Novacap, Zhenjiang Gaopeng, J.M. Loveridge, Siddharth Carbochem, Rishabh Metals and Chemicals, Samrat Remedies, Hebei Jingye Group, Shandong Xinhua Longxin Chemical, Simco QC, Siddharth Carbochem Products, Novacap, Loveridge, Shandong Binzhou Zhiyuan Biological Technology, among others.

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