PUBLISHER: KBV Research | PRODUCT CODE: 1410379
PUBLISHER: KBV Research | PRODUCT CODE: 1410379
North America Salicylic Acid Market Size, Share & Trends Analysis Report By Application (Pharmaceutical, Skin Care, Hair Care, and Food Preservatives & Others), By Country and Growth Forecast, 2023 - 2030
The North America Salicylic Acid Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 43,612.42 tonnes, showcasing a growth of 5.9% (2019-2022).
Salicylic acid, with the chemical formula C7H6O3, is a beta hydroxy acid, a lipophilic monohydroxy benzoic acid, and phenolic acid. It possesses the physical characteristics of an odourless, colorless crystalline organic acid. Salicylic acid is used as an intermediate in the pharmaceutical and personal care sectors. The pharmaceutical sector has been a primary driver of the adoption of salicylic acid. As the key component in aspirin, one of the most widely consumed over-the-counter medications. The established safety profile of salicylic acid further facilitates its adoption in various pharmaceutical products.
The cosmetic industry has witnessed a surge in the adoption of salicylic acid, particularly in skincare products. Salicylic acid, which is well-known for its exfoliating qualities, is an essential component in cleansers, toners, masks, and spot treatments designed to treat acne and enhance skin texture. The adoption in this industry is driven by consumer demand for effective solutions to common skin concerns, and salicylic acid's efficacy in promoting clear and healthy skin has positioned it as a staple in many skincare formulations.
The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Salicylic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $213 million by 2030. The Canada market is experiencing a CAGR of 9.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2023 - 2030).
Based on Application, the market is segmented into Pharmaceutical, Skin Care, Hair Care, and Food Preservatives & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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
North America Salicylic Acid Market Report Segmentation
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Pharmaceutical
- Skin Care
- Hair Care
- Food Preservatives & Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Salicylic Acid Market, by Application
- 1.4.2 North America Salicylic Acid Market, by Country
- 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
- 3.1.1 Overview
- 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. North America Salicylic Acid Market, By Application
- 4.1 North America Pharmaceutical Market, By Country
- 4.2 North America Skin Care Market, By Country
- 4.3 North America Hair Care Market, By Country
- 4.4 North America Food Preservatives & Others Market, By Country
Chapter 5. North America Salicylic Acid Market, By Country
- 5.1 US Salicylic Acid Market
- 5.1.1 US Salicylic Acid Market, By Application
- 5.2 Canada Salicylic Acid Market
- 5.2.1 Canada Salicylic Acid Market, By Application
- 5.3 Mexico Salicylic Acid Market
- 5.3.1 Mexico Salicylic Acid Market, By Application
- 5.4 Rest of North America Salicylic Acid Market
- 5.4.1 Rest of North America 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
LIST OF TABLES
- TABLE 1 North America Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 2 North America Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 3 North America Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 4 North America Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 5 North America Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 6 North America Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 7 North America Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 8 North America Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 9 North America Pharmaceutical Market, By Country, 2019 - 2022, USD Million
- TABLE 10 North America Pharmaceutical Market, By Country, 2023 - 2030, USD Million
- TABLE 11 North America Pharmaceutical Market, By Country, 2019 - 2022, Tonnes
- TABLE 12 North America Pharmaceutical Market, By Country, 2023 - 2030, Tonnes
- TABLE 13 North America Skin Care Market, By Country, 2019 - 2022, USD Million
- TABLE 14 North America Skin Care Market, By Country, 2023 - 2030, USD Million
- TABLE 15 North America Skin Care Market, By Country, 2019 - 2022, Tonnes
- TABLE 16 North America Skin Care Market, By Country, 2023 - 2030, Tonnes
- TABLE 17 North America Hair Care Market, By Country, 2019 - 2022, USD Million
- TABLE 18 North America Hair Care Market, By Country, 2023 - 2030, USD Million
- TABLE 19 North America Hair Care Market, By Country, 2019 - 2022, Tonnes
- TABLE 20 North America Hair Care Market, By Country, 2023 - 2030, Tonnes
- TABLE 21 North America Food Preservatives & Others Market, By Country, 2019 - 2022, USD Million
- TABLE 22 North America Food Preservatives & Others Market, By Country, 2023 - 2030, USD Million
- TABLE 23 North America Food Preservatives & Others Market, By Country, 2019 - 2022, Tonnes
- TABLE 24 North America Food Preservatives & Others Market, By Country, 2023 - 2030, Tonnes
- TABLE 25 North America Salicylic Acid Market, By Country, 2019 - 2022, USD Million
- TABLE 26 North America Salicylic Acid Market, By Country, 2023 - 2030, USD Million
- TABLE 27 North America Salicylic Acid Market, By Country, 2019 - 2022, Tonnes
- TABLE 28 North America Salicylic Acid Market, By Country, 2023 - 2030, Tonnes
- TABLE 29 US Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 30 US Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 31 US Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 32 US Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 33 US Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 34 US Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 35 US Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 36 US Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 37 Canada Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 38 Canada Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 39 Canada Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 40 Canada Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 41 Canada Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 42 Canada Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 43 Canada Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 44 Canada Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 45 Mexico Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 46 Mexico Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 47 Mexico Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 48 Mexico Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 49 Mexico Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 50 Mexico Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 51 Mexico Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 52 Mexico Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 53 Rest of North America Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 54 Rest of North America Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 55 Rest of North America Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 56 Rest of North America Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 57 Rest of North America Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 58 Rest of North America Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 59 Rest of North America Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 60 Rest of North America Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 61 Key Information - Avonchem Ltd.
- TABLE 62 Key Information - Hebei jingye group
- TABLE 63 Key Information - Larachem Inc.
- TABLE 64 Key Information - Midas Pharma GmbH
- TABLE 65 Key Information - Shandong Xinhua Pharmaceutical Co., Ltd
- TABLE 66 Key Information - Thermo Fisher Scientific, Inc.
- TABLE 67 key Information - Merck KGaA
- TABLE 68 Key Information - Solvay SA
- TABLE 69 Key Information - Novocap S.A.
- TABLE 70 Key Information - Siddharth Carbochem Products Ltd.
