PUBLISHER: KBV Research | PRODUCT CODE: 1410382
PUBLISHER: KBV Research | PRODUCT CODE: 1410382
LAMEA 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 Latin America, Middle East and Africa Salicylic Acid Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 13,967.06 tonnes, showcasing a growth of 9.6% (2023-2030).
The components in the products they utilize are becoming increasingly conscious to consumers. There is a trend toward transparency in labelling, and products containing salicylic acid may benefit from clear communication about their benefits and sources. Research continues into the development of combination therapies involving salicylic acid. Combining salicylic acid with other compounds aims to enhance therapeutic effects and address various health conditions more comprehensively. Integrating AI and machine learning in production has been explored to optimize manufacturing efficiency. AI systems can examine complicated data sets to detect patterns and improve salicylic acid production.
Innovations in cosmetic formulations involve using nanotechnology to enhance the delivery of salicylic acid. Nano-sized particles can improve the compound's penetration into the skin, increasing its efficacy in skincare products. The salicylic acid market has been exploring green chemistry principles to develop more sustainable production practices. This includes reducing waste, using renewable resources, and lowering the environmental impact of the manufacturing process. Exploration of bio-based salicylic acid derived from renewable sources, such as biomass or microbial fermentation, is gaining attention. This aligns with the broader trend of sustainable and bio-based chemicals.
The demand for effective scalp health products in the UAE can drive the inclusion of salicylic acid in such formulations. Specialized hair care brands in the UAE may differentiate themselves by incorporating salicylic acid into their formulations. This can attract consumers looking for innovative and effective solutions in the UAE. Hence, due to these aspects, the salicylic acid market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Salicylic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $17.1 million by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Salicylic Acid Market, by Application
- 1.4.2 LAMEA 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. LAMEA Salicylic Acid Market, By Application
- 4.1 LAMEA Pharmaceutical Market, By Country
- 4.2 LAMEA Skin Care Market, By Country
- 4.3 LAMEA Hair Care Market, By Country
- 4.4 LAMEA Food Preservatives & Others Market, By Country
Chapter 5. LAMEA Salicylic Acid Market, By Country
- 5.1 Brazil Salicylic Acid Market
- 5.1.1 Brazil Salicylic Acid Market, By Application
- 5.2 Argentina Salicylic Acid Market
- 5.2.1 Argentina Salicylic Acid Market, By Application
- 5.3 UAE Salicylic Acid Market
- 5.3.1 UAE Salicylic Acid Market, By Application
- 5.4 Saudi Arabia Salicylic Acid Market
- 5.4.1 Saudi Arabia Salicylic Acid Market, By Application
- 5.5 South Africa Salicylic Acid Market
- 5.5.1 South Africa Salicylic Acid Market, By Application
- 5.6 Nigeria Salicylic Acid Market
- 5.6.1 Nigeria Salicylic Acid Market, By Application
- 5.7 Rest of LAMEA Salicylic Acid Market
- 5.7.1 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
LIST OF TABLES
- TABLE 1 LAMEA Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 3 LAMEA Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 4 LAMEA Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 5 LAMEA Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 6 LAMEA Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 7 LAMEA Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 8 LAMEA Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 9 LAMEA Pharmaceutical Market, By Country, 2019 - 2022, USD Million
- TABLE 10 LAMEA Pharmaceutical Market, By Country, 2023 - 2030, USD Million
- TABLE 11 LAMEA Pharmaceutical Market, By Country, 2019 - 2022, Tonnes
- TABLE 12 LAMEA Pharmaceutical Market, By Country, 2023 - 2030, Tonnes
- TABLE 13 LAMEA Skin Care Market, By Country, 2019 - 2022, USD Million
- TABLE 14 LAMEA Skin Care Market, By Country, 2023 - 2030, USD Million
- TABLE 15 LAMEA Skin Care Market, By Country, 2019 - 2022, Tonnes
- TABLE 16 LAMEA Skin Care Market, By Country, 2023 - 2030, Tonnes
- TABLE 17 LAMEA Hair Care Market, By Country, 2019 - 2022, USD Million
- TABLE 18 LAMEA Hair Care Market, By Country, 2023 - 2030, USD Million
- TABLE 19 LAMEA Hair Care Market, By Country, 2019 - 2022, Tonnes
- TABLE 20 LAMEA Hair Care Market, By Country, 2023 - 2030, Tonnes
- TABLE 21 LAMEA Food Preservatives & Others Market, By Country, 2019 - 2022, USD Million
- TABLE 22 LAMEA Food Preservatives & Others Market, By Country, 2023 - 2030, USD Million
- TABLE 23 LAMEA Food Preservatives & Others Market, By Country, 2019 - 2022, Tonnes
- TABLE 24 LAMEA Food Preservatives & Others Market, By Country, 2023 - 2030, Tonnes
- TABLE 25 LAMEA Salicylic Acid Market, By Country, 2019 - 2022, USD Million
- TABLE 26 LAMEA Salicylic Acid Market, By Country, 2023 - 2030, USD Million
- TABLE 27 LAMEA Salicylic Acid Market, By Country, 2019 - 2022, Tonnes
- TABLE 28 LAMEA Salicylic Acid Market, By Country, 2023 - 2030, Tonnes
- TABLE 29 Brazil Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 30 Brazil Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 31 Brazil Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 32 Brazil Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 33 Brazil Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 34 Brazil Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 35 Brazil Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 36 Brazil Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 37 Argentina Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 38 Argentina Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 39 Argentina Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 40 Argentina Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 41 Argentina Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 42 Argentina Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 43 Argentina Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 44 Argentina Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 45 UAE Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 46 UAE Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 47 UAE Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 48 UAE Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 49 UAE Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 50 UAE Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 51 UAE Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 52 UAE Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 53 Saudi Arabia Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 54 Saudi Arabia Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 55 Saudi Arabia Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 56 Saudi Arabia Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 57 Saudi Arabia Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 58 Saudi Arabia Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 59 Saudi Arabia Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 60 Saudi Arabia Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 61 South Africa Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 62 South Africa Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 63 South Africa Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 64 South Africa Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 65 South Africa Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 66 South Africa Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 67 South Africa Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 68 South Africa Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 69 Nigeria Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 70 Nigeria Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 71 Nigeria Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 72 Nigeria Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 73 Nigeria Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 74 Nigeria Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 75 Nigeria Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 76 Nigeria Salicylic Acid Market, By Application, 2023 - 2030, Tonnes
- TABLE 77 Rest of LAMEA Salicylic Acid Market, 2019 - 2022, USD Million
- TABLE 78 Rest of LAMEA Salicylic Acid Market, 2023 - 2030, USD Million
- TABLE 79 Rest of LAMEA Salicylic Acid Market, 2019 - 2022, Tonnes
- TABLE 80 Rest of LAMEA Salicylic Acid Market, 2023 - 2030, Tonnes
- TABLE 81 Rest of LAMEA Salicylic Acid Market, By Application, 2019 - 2022, USD Million
- TABLE 82 Rest of LAMEA Salicylic Acid Market, By Application, 2023 - 2030, USD Million
- TABLE 83 Rest of LAMEA Salicylic Acid Market, By Application, 2019 - 2022, Tonnes
- TABLE 84 Rest of LAMEA 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.
