Global Salicylic Acid Market Size, Share & Trends Analysis Report By Application (Pharmaceutical, Skin Care, Hair Care, and Food Preservatives & Others), By Regional Outlook and Forecast, 2023 - 2030

Global Salicylic Acid Market Size, Share & Trends Analysis Report By Application (Pharmaceutical, Skin Care, Hair Care, and Food Preservatives & Others), By Regional Outlook and Forecast, 2023 - 2030


The Global Salicylic Acid Market size is expected to reach $854.8 billion by 2030, rising at a market growth of 7.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,46,668.82 tonnes, experiencing a growth of 6.6% (2019-2022).

The Canadian cosmetics industry was the fastest-growing industry in the country. In 2022, Canada's personal care and beauty sector earned around $11 billion in revenue. Therefore, the North America market register a revenue of USD 177.92 million by 2022. The skincare industry in North America has witnessed a growing consumer awareness regarding skincare routines and acne treatments. North American consumers increasingly seek natural and plant-based ingredients in their personal care products.

The global increase in the prevalence of acne and other skin conditions drives the demand for effective treatments, including salicylic acid products. Psoriasis is a long-term skin disorder characterized by scaly, red, and itchy patches. Salicylic acid's keratolytic properties help manage psoriasis by softening and loosening scales, making removing it easier. Therefore, rising incidence of dermatological conditions has been a pivotal factor in driving the growth of the market. Moreover, E-commerce platforms provide a global marketplace, allowing manufacturers and suppliers of salicylic acid products to reach consumers in various regions. This expanded reach contributes to the market's growth by tapping into a broader customer base. Thus, the market is expanding significantly due to the rapid shift towards e-commerce platform.

However, Supply chain disruptions can lead to shortages or delays in the availability of raw materials used to produce salicylic acid. This, in turn, can result in production delays, affecting the overall output of salicylic acid. Supply chain disruptions can cause inventory-level fluctuations, leading to shortages in salicylic acid products. Rebuilding trust and collaboration may take time, impacting the stability of the supply chain network. Therefore, supply chain disruptions are a significant challenge that hampers the growth of market.

By Application Analysis

By application, the market is categorized into pharmaceutical, skin care, hair care, food preservatives and others. In 2022, the pharmaceutical segment held the highest revenue share in the market. Salicylic acid, through its derivative aspirin, is a potent analgesic that relieves various types of pain. This property is fundamental in addressing various medical conditions and contributes to the demand for salicylic acid in the pharmaceutical segment. Salicylic acid is often combined with other compounds to create synergistic drug formulations. This method improves the therapeutic benefits of medications and enables a greater variety of applications in treating various health disorders.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired a significant revenue share in the market. The Asia Pacific region is a significant hub for the beauty and personal care industries. In the Asia-Pacific region, skin conditions such as acne, psoriasis, and warts are prevalent. The agricultural industry in the Asia-Pacific region is developing, and salicylic acid's applications in plant growth regulation and stress reduction contribute to its use in agricultural operations. The expansion of salicylic acid is facilitated by the easy availability and accessibility of products containing salicylic acid, which is made possible by developing e-commerce platforms in the Asia Pacific region.

List of Key Companies Profiled
  • Thermo Fisher Scientific, Inc.
  • Avonchem Ltd.
  • Hebei jingye group
  • Siddharth Carbochem Products Ltd.
  • Larachem Inc.
  • Merck KGaA
  • Midas Pharma Gmbh
  • Novocap S.A.
  • Shandong Xinhua Pharmaceuticals Co., Ltd.
  • Solvay SA
Global Salicylic Acid Market Report Segmentation

By Application (Volume, Tonnes, USD Million, 2019-2030)
  • Pharmaceutical
  • Skin Care
  • Hair Care
  • Food Preservatives & Others
By Geography (Volume, Tonnes, USD Million, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Salicylic Acid Market, by Application
1.4.2 Global Salicylic Acid Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities:
3.2.3 Market Restraints
3.2.4 Market Challenges:
3.3 Porter’s Five Forces Analysis
Chapter 4. Global Salicylic Acid Market, By Application
4.1 Global Pharmaceutical Market, By Region
4.2 Global Skin Care Market, By Region
4.3 Global Hair Care Market, By Region
4.4 Global Food Preservatives & Others Market, By Region
Chapter 5. Global Salicylic Acid Market, By Region
5.1 North America Salicylic Acid Market
5.1.1 North America Salicylic Acid Market, By Application
5.1.1.1 North America Pharmaceutical Market, By Country
5.1.1.2 North America Skin Care Market, By Country
5.1.1.3 North America Hair Care Market, By Country
5.1.1.4 North America Food Preservatives & Others Market, By Country
5.1.2 North America Salicylic Acid Market, By Country
5.1.2.1 US Salicylic Acid Market
5.1.2.1.1 US Salicylic Acid Market, By Application
5.1.2.2 Canada Salicylic Acid Market
5.1.2.2.1 Canada Salicylic Acid Market, By Application
5.1.2.3 Mexico Salicylic Acid Market
5.1.2.3.1 Mexico Salicylic Acid Market, By Application
5.1.2.4 Rest of North America Salicylic Acid Market
5.1.2.4.1 Rest of North America Salicylic Acid Market, By Application
5.2 Europe Salicylic Acid Market
5.2.1 Europe Salicylic Acid Market, By Application
5.2.1.1 Europe Pharmaceutical Market, By Country
5.2.1.2 Europe Skin Care Market, By Country
5.2.1.3 Europe Hair Care Market, By Country
5.2.1.4 Europe Food Preservatives & Others Market, By Country
5.2.2 Europe Salicylic Acid Market, By Country
5.2.2.1 Germany Salicylic Acid Market
5.2.2.1.1 Germany Salicylic Acid Market, By Application
5.2.2.2 UK Salicylic Acid Market
5.2.2.2.1 UK Salicylic Acid Market, By Application
5.2.2.3 France Salicylic Acid Market
5.2.2.3.1 France Salicylic Acid Market, By Application
5.2.2.4 Russia Salicylic Acid Market
5.2.2.4.1 Russia Salicylic Acid Market, By Application
5.2.2.5 Spain Salicylic Acid Market
5.2.2.5.1 Spain Salicylic Acid Market, By Application
5.2.2.6 Italy Salicylic Acid Market
5.2.2.6.1 Italy Salicylic Acid Market, By Application
5.2.2.7 Rest of Europe Salicylic Acid Market
5.2.2.7.1 Rest of Europe Salicylic Acid Market, By Application
5.3 Asia Pacific Salicylic Acid Market
5.3.1 Asia Pacific Salicylic Acid Market, By Application
5.3.1.1 Asia Pacific Pharmaceutical Market, By Country
5.3.1.2 Asia Pacific Skin Care Market, By Country
5.3.1.3 Asia Pacific Hair Care Market, By Country
5.3.1.4 Asia Pacific Food Preservatives & Others Market, By Country
5.3.2 Asia Pacific Salicylic Acid Market, By Country
5.3.2.1 China Salicylic Acid Market
5.3.2.1.1 China Salicylic Acid Market, By Application
5.3.2.2 Japan Salicylic Acid Market
5.3.2.2.1 Japan Salicylic Acid Market, By Application
5.3.2.3 India Salicylic Acid Market
5.3.2.3.1 India Salicylic Acid Market, By Application
5.3.2.4 South Korea Salicylic Acid Market
5.3.2.4.1 South Korea Salicylic Acid Market, By Application
5.3.2.5 Singapore Salicylic Acid Market
5.3.2.5.1 Singapore Salicylic Acid Market, By Application
5.3.2.6 Malaysia Salicylic Acid Market
5.3.2.6.1 Malaysia Salicylic Acid Market, By Application
5.3.2.7 Rest of Asia Pacific Salicylic Acid Market
5.3.2.7.1 Rest of Asia Pacific Salicylic Acid Market, By Application
5.4 LAMEA Salicylic Acid Market
5.4.1 LAMEA Salicylic Acid Market, By Application
5.4.1.1 LAMEA Pharmaceutical Market, By Country
5.4.1.2 LAMEA Skin Care Market, By Country
5.4.1.3 LAMEA Hair Care Market, By Country
5.4.1.4 LAMEA Food Preservatives & Others Market, By Country
5.4.2 LAMEA Salicylic Acid Market, By Country
5.4.2.1 Brazil Salicylic Acid Market
5.4.2.1.1 Brazil Salicylic Acid Market, By Application
5.4.2.2 Argentina Salicylic Acid Market
5.4.2.2.1 Argentina Salicylic Acid Market, By Application
5.4.2.3 UAE Salicylic Acid Market
5.4.2.3.1 UAE Salicylic Acid Market, By Application
5.4.2.4 Saudi Arabia Salicylic Acid Market
5.4.2.4.1 Saudi Arabia Salicylic Acid Market, By Application
5.4.2.5 South Africa Salicylic Acid Market
5.4.2.5.1 South Africa Salicylic Acid Market, By Application
5.4.2.6 Nigeria Salicylic Acid Market
5.4.2.6.1 Nigeria Salicylic Acid Market, By Application
5.4.2.7 Rest of LAMEA Salicylic Acid Market
5.4.2.7.1 Rest of LAMEA Salicylic Acid Market, By Application
Chapter 6. Company Profiles
6.1 Avonchem Ltd.
6.1.1 Company Overview
6.1.2 SWOT Analysis
6.2 Hebei jingye group
6.2.1 Company Overview
6.3 Larachem Inc.
6.3.1 Company Overview
6.4 Midas Pharma GmbH
6.4.1 Company Overview
6.5 Shandong Xinhua Pharmaceutical Co. Ltd
6.5.1 Company Overview
6.6 Thermo Fisher Scientific, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 SWOT Analysis
6.7 Merck KGaA
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.7.5 SWOT Analysis
6.8 Solvay SA
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.8.5 SWOT Analysis
6.9 Novocap S.A.
6.9.1 Company Overview
6.10. Siddharth Carbochem Products Ltd.
6.10.1 Company Overview
Chapter 7. Winning imperatives of Salicylic Acid Market

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