The Global Salicylic Acid Market was worth USD 0.28 billion in the year of 2014 and is anticipated to reach approximately USD 0.46 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 5.49% over the forecast period. Salicylic acid is a lipophilic monohydroxybenzoic acid, which is a kind of phenolic acid and beta hydroxy acid (BHA). It has the chemical formula as C7H6O3.
Book Your Sample Copy of the Report here: https://www.crystalmarketresearch.com/report-sample/CM09228
This crystalline white natural acid is extensively utilized in organic functions and synthesis as a plant endocrine. It is prepared from the metamorphosis of salicin. Additionally, to help as a vital active aspirin metabolite i.e. acetylsalicylic acid, which plays a role as a prodrug in part to salicylic acid, it is possibly best recognized for its utilization as a vital ingredient in local anti-acne products. Salicylic acid’s esters and salts are referred as salicylates. According to WHO, it is one of the most vital medications required in a fundamental health system, even it is a part of WHO Model List of Essential Medicines. Salicylic acid has anti-inflammatory and pain relieving properties. Most of the salicylic acid manufactured is employed as a major ingredient in the production of aspirin.
Major Market Players:
The major market manufacturers for the global salicylic acid market are Novocap SA, Alfa Aesar, Simco Chemicals, Alta Laboratories, Siddharth Carbochem Products Ltd., Zhenjiang Gaopeng Pharmaceutical Co. Ltd, and J.M. Loveridge Ltd.
Ask For Customization: https://www.crystalmarketresearch.com/customization/CM09228
About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107, United States.
Toll Free: +1-888-213-4282
Author: RobinHoodThis author has published 17 articles so far. More info about the author is coming soon.