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Global Salicylic Acid Market Expected To Grow At CAGR Of 8.64% during the period 2017-2021

Press Release   •   Aug 21, 2017 07:23 EDT

About Salicylic Acid

Salicylic acid is known for relieving pain and fever and is primarily used to manufacture aspirin. This acid is naturally produced in willow tree barks and fruits, such as berries. The commercial manufacturing process of salicylic acid is carried out by the Kolbe-Schmitt synthesis process. It involves the reaction of dry sodium or potassium phenoxide with carbon dioxide at extreme temperatures. Different phenolic compounds, such as salicylic acid, amino salicylic acid, and resorcylic acids, are produced.
Technavios analysts forecast the global salicylic acid market to grow at a CAGR of 8.64% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global salicylic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:




Technavio's report, Global Salicylic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors

Alfa Aesar (Thermo Fisher Scientific)

Alta Laboratories

J. M. Loveridge



Other prominent vendors

Hebei Jingye Group

Shandong Xinhua Longxin Chemical


Zhenjiang Gaopeng Pharmaceutical

Salicylates And Chemicals


Market driver

Rising concerns toward skin infections

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Market challenge

Preference for natural ingredients

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Market trend

Increasing preference for processed food

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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