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Global Salicylic acid market is expected to garner $504 million by 2022, registering a CAGR of 6.3% during the period 2014 - 2022.
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Introduction • Global Salicylic Acid market is expected to garner $504 million by 2022, registering a CAGR of 6.3% during the period 2014 - 2022. • Salicylic acid can be used in conjugation with other pharmaceutical ingredients, such as benzoic acid, resorcinol, coal tar, and sulfur, to produce efficient and effective products. • Salicylic acid is a monohydroxybenzoic acid derived from plants such as willow tree and salix. • Patents are valuable assets for companies and are registered to protect the newly launched technologies and products. • The global salicylic acid market is divided on the basis of application and geography.
North America is expected to maintain its lead, throughout 2022, followed by Europe. • The pharmaceuticals segment, in terms of volume, is projected to grow at a CAGR of 6.3%. • U.S. accounted for more than one-fourth share of the world salicylic acid market revenue in 2015. • OTC is projected to grow at fastest rate, with a CAGR of 7.1%. • Sunscreen is expected to grow at the highest CAGR of 9.2%. • Conditioner is the fastest growing segment in the hair care sector, growing at a CAGR of 7.5%. Key Findings of theMarket
The report provides an in-depth analysis of the salicylic acid market and estimations from 2014 to 2022, including information about the current market situation, changing market dynamics, expected trends, and market intelligence. • Factors that drive and impede the growth of the market are comprehensively analyzed in this study. • Porter’s Five Forces model and SWOT analysis illustrate the potency of buyers and sellers. • The report contains a comprehensive study of the key strategies adopted by companies to gain competitive advantage in the market. • Micro-level analysis is conducted based on application and region. Key Benefits Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/409
MarketSegmentation • By Application • Pharmaceuticals • PC • Wart Remover • Disinfectant • Antifungal • Dentifrices • Antiseptic • Anti-irritant • OTC • Scale Lifter • Ointment • Skin Care • Hair Care • Food Preservatives & Others • By Geography • North America • Europe • Asia-Pacific • LAMEA
Key Players of theMarket • Zhenjiang Gaopeng Pharmaceutical Co., • Ltd. (China), • Hebei Jingye Group (China), • Shandong Xinhua Longxin Chemical Co. Ltd. (China), • Others For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/409
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