PUBLISHER: KBV Research | PRODUCT CODE: 1410381
PUBLISHER: KBV Research | PRODUCT CODE: 1410381
Asia Pacific 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 Asia Pacific Salicylic Acid Market would witness market growth of 8.2% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 35,912.81 tonnes, showcasing a growth of 7.2% (2019-2022).
Salicylic acid's ability to inhibit microbial growth makes it useful in preserving art and historical artifacts, protecting them from deterioration caused by microorganisms. Salicylic acid is incorporated into topical treatments for various skin conditions, including warts and psoriasis. It is used in foot care products, particularly in formulations designed to address calluses and corns. Salicylic acid is utilized in dermatology for treating conditions like psoriasis and warts due to its keratolytic and exfoliating properties. Salicylic acid is used in veterinary medicine to treat animal skin conditions, showcasing its broader applicability.
Ongoing research and development activities have been focused on creating innovative drug formulations using salicylic acid and exploring new therapeutic areas beyond traditional pain relief and anti-inflammatory applications. There has been an increasing demand for skincare and cosmetic products containing natural ingredients. Salicylic acid, derived from willow bark, aligns with the trend of natural and plant-based skincare, driving its adoption in various cosmetic formulations. Salicylic acid's role as a plant growth regulator and stress alleviator aligns with the broader trend toward sustainable agriculture.
As per Invest India, the pharmaceutical industry in India is anticipated to increase to $65 billion by 2024 and $130 billion by 2030. One of the world's largest suppliers of inexpensive vaccines is India. India is a significant exporter of pharmaceuticals. Therefore, due to the above-mentioned factors, the salicylic acid market will grow significantly in this region.
The China market dominated the Asia Pacific Salicylic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $59.1 million by 2030. The Japan market is registering a CAGR of 7.6% during (2023 - 2030). Additionally, The India market would experience a CAGR of 8.9% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
Asia Pacific 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)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Salicylic Acid Market, by Application
- 1.4.2 Asia Pacific 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. Asia Pacific Salicylic Acid Market, By Application
- 4.1 Asia Pacific Pharmaceutical Market, By Country
- 4.2 Asia Pacific Skin Care Market, By Country
- 4.3 Asia Pacific Hair Care Market, By Country
- 4.4 Asia Pacific Food Preservatives & Others Market, By Country
Chapter 5. Asia Pacific Salicylic Acid Market, By Country
- 5.1 China Salicylic Acid Market
- 5.1.1 China Salicylic Acid Market, By Application
- 5.2 Japan Salicylic Acid Market
- 5.2.1 Japan Salicylic Acid Market, By Application
- 5.3 India Salicylic Acid Market
- 5.3.1 India Salicylic Acid Market, By Application
- 5.4 South Korea Salicylic Acid Market
- 5.4.1 South Korea Salicylic Acid Market, By Application
- 5.5 Singapore Salicylic Acid Market
- 5.5.1 Singapore Salicylic Acid Market, By Application
- 5.6 Malaysia Salicylic Acid Market
- 5.6.1 Malaysia Salicylic Acid Market, By Application
- 5.7 Rest of Asia Pacific Salicylic Acid Market
- 5.7.1 Rest of Asia Pacific 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 Asia Pacific Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 3 Asia Pacific Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 4 Asia Pacific Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 5 Asia Pacific Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 6 Asia Pacific Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 7 Asia Pacific Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 8 Asia Pacific Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 9 Asia Pacific Pharmaceutical Market, By Country, 2019 - 2022, USD Million
- TABLE 10 Asia Pacific Pharmaceutical Market, By Country, 2023 - 2030, USD Million
- TABLE 11 Asia Pacific Pharmaceutical Market, By Country, 2019 - 2022, Tonnes
- TABLE 12 Asia Pacific Pharmaceutical Market, By Country, 2023 - 2030, Tonnes
- TABLE 13 Asia Pacific Skin Care Market, By Country, 2019 - 2022, USD Million
- TABLE 14 Asia Pacific Skin Care Market, By Country, 2023 - 2030, USD Million
- TABLE 15 Asia Pacific Skin Care Market, By Country, 2019 - 2022, Tonnes
- TABLE 16 Asia Pacific Skin Care Market, By Country, 2023 - 2030, Tonnes
- TABLE 17 Asia Pacific Hair Care Market, By Country, 2019 - 2022, USD Million
- TABLE 18 Asia Pacific Hair Care Market, By Country, 2023 - 2030, USD Million
- TABLE 19 Asia Pacific Hair Care Market, By Country, 2019 - 2022, Tonnes
- TABLE 20 Asia Pacific Hair Care Market, By Country, 2023 - 2030, Tonnes
- TABLE 21 Asia Pacific Food Preservatives & Others Market, By Country, 2019 - 2022, USD Million
- TABLE 22 Asia Pacific Food Preservatives & Others Market, By Country, 2023 - 2030, USD Million
- TABLE 23 Asia Pacific Food Preservatives & Others Market, By Country, 2019 - 2022, Tonnes
- TABLE 24 Asia Pacific Food Preservatives & Others Market, By Country, 2023 - 2030, Tonnes
- TABLE 25 Asia Pacific Salicylic Acid Market, By Country, 2019 - 2022, USD Million
- TABLE 26 Asia Pacific Salicylic Acid Market, By Country, 2023 - 2030, USD Million
- TABLE 27 Asia Pacific Salicylic Acid Market, By Country, 2019 - 2022, Tonnes
- TABLE 28 Asia Pacific Salicylic Acid Market, By Country, 2023 - 2030, Tonnes
- TABLE 29 China Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 30 China Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 31 China Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 32 China Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 33 China Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 34 China Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 35 China Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 36 China Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 37 Japan Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 38 Japan Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 39 Japan Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 40 Japan Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 41 Japan Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 42 Japan Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 43 Japan Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 44 Japan Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 45 India Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 46 India Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 47 India Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 48 India Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 49 India Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 50 India Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 51 India Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 52 India Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 53 South Korea Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 54 South Korea Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 55 South Korea Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 56 South Korea Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 57 South Korea Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 58 South Korea Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 59 South Korea Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 60 South Korea Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 61 Singapore Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 62 Singapore Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 63 Singapore Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 64 Singapore Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 65 Singapore Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 66 Singapore Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 67 Singapore Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 68 Singapore Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 69 Malaysia Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 70 Malaysia Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 71 Malaysia Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 72 Malaysia Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 73 Malaysia Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 74 Malaysia Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 75 Malaysia Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 76 Malaysia Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 77 Rest of Asia Pacific Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 78 Rest of Asia Pacific Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 79 Rest of Asia Pacific Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 80 Rest of Asia Pacific Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 81 Rest of Asia Pacific Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 82 Rest of Asia Pacific Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 83 Rest of Asia Pacific Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 84 Rest of Asia Pacific Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 85 Key Information - Avonchem Ltd.
- TABLE 86 Key Information - Hebei jingye group
- TABLE 87 Key Information - Larachem Inc.
- TABLE 88 Key Information - Midas Pharma GmbH
- TABLE 89 Key Information - Shandong Xinhua Pharmaceutical Co., Ltd
- TABLE 90 Key Information - Thermo Fisher Scientific, Inc.
- TABLE 91 key Information - Merck KGaA
- TABLE 92 Key Information - Solvay SA
- TABLE 93 Key Information - Novocap S.A.
- TABLE 94 Key Information - Siddharth Carbochem Products Ltd.
