Synopsis of Global Salicylic Acid Market
Salicylic acid is obtained either from natural source i.e., bark of willow tree or artificial source i.e., carbolic acid. The application of salicylic acid is vast which includes health care, food preservatives and cosmetics. Drivers of this market are, increasing health awareness in developing countries which is responsible for high demand of skin care products and hair products. In addition to this sedentary lifestyle has increased the consumption of food and beverages where preservatives are added. However health care has accounted for the major share of the global salicylic acid market more than 35% in 2015, due to rising demand for aspirin and pain killers for various diseases.
Globally, North-America and Europe are leading markets for salicylic acid primarily due to large population in these regions. Asia- Pacific region is expected to grow by the CAGR of XX% in the forecast period. Busy lifestyles and increasing number of diseases are driving this market. U.S. it is expected to reach USD XX million by 2022.
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Study Objectives of Salicylic acid Market:
Reasons to buy
Key Players
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Intended Audience
Geographic Analysis
The report covers brief analysis of geographical region such as:
North America
Europe
APAC
RoW
The report about global salicylic acid market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and growth, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
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