Salicylic acid is an organic white crystalline solid which is highly soluble in water. It is derived from the metabolism of Salicin, which is an anti-inflammatory agent extracted from willow bark.

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Salicylic Acid Market - Global Industry
Insights, Trends, Outlook, and
Opportunity Analysis, 2016–2024

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REPORT DESCRIPTION
• Salicylic acid is an organic white crystalline solid which is highly soluble in water. It
is derived from the metabolism of Salicin, which is an anti-inflammatory agent
extracted from willow bark. Salicylic acid is produced naturally from certain plants
and can also be produced synthetically. It can be produced naturally through a
biosynthesis process of phenylalanine—an amino acid found in certain plants.
Salicylic acid is produced synthetically by treating sodium phenolate, at high
pressure and high temperature, with carbon dioxide to yield sodium salicylate,
which is later acidified using sulfuric acid to yield salicylic acid. Salicylic acid is a
multifunctional ingredient that has pain relieving and anti-inflammatory
properties. It is mainly used in manufacturing aspirin and other personal care
products. Consumption of aspirin is increasing in emerging economies of Asia
Pacific, which has resulted in growth of salicylic acid market at an annual growth
rate of 8% in the recent past.

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Salicylic Acid Market Taxonomy
• The global Salicylic Acid market is classified on the basis of the following
segments:
• Application
– Pharmaceuticals
• Wart remover
• Disinfectant
• Antifungal
• Dentifrices
• Antiseptic
• Anti-irritant
• Scale lifter
• Ointment

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Market Segmentation
• Growing consumer awareness about the health benefits of salicylic acid-based skincare
and hair care products is a major factor fueling growth of the global salicylic market. The
hair care and skincare products offered by the manufacturers are in line with the current
trends of products offering various medical benefits such as dandruff removal, hair fall,
acne, psoriasis, or other skin diseases. Salicylic acid is a widely used commercial
chemical and forms an important component of aspirin. The rise in human infectious
diseases has resulted in large populations suffering from common fever, cough, and cold,
which inadvertently fuels demand for aspirin as a pain killer. This has in turn resulted in
increasing demand for salicylic acid. Apart from its use in aspirin, salicylic acid is also
used as a key additive in variety of pharmaceutical products such as drugs, lotions, and
ointments.
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Key Strategies
• The Global Salicylic Acid market is highly fragmented due to the participation of many
established and emerging players in the digital genome market. Major players involved
in the market include Alfa Aesar (U.K.), Alta Laboratories Ltd. (India), Hebei Jingye
Group (China), JM Loveridge Limited (U.K.), Novacap (France), Shadong Xinhua Longxin
Chemical Co., Ltd. (China), Siddharth Carbochem Products Ltd. (India), Simco Chemical
Inc. (Canada), Zhenjiang Gaopeng Pharmaceutical Co., Ltd. (China).

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