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Asia Salicylic Acid Market

Asia Salicylic Acid Market Size, Share & Trends Analysis Report

Asia Salicylic Acid Market Size, Share & Trends Analysis Report By End Use (Industrial & Specialties, Pharmaceutical, Personal Care & Cosmetics) Based On Region, And Segment Forecasts, 2021 - 2027

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Published
Report ID : BMRC 1645
Number of pages : 300
Published Date : Nov 2022
Category : Chemical And Materials
Delivery Timeline : 48 hrs
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The Asia Pacific Salicylic Acid Market in terms of revenue was worth of USD 534.5 Million in 2020 and is expected to reach USD 734.7 Million in 2027 and USD 842.8 Million in 2030, growing at a CAGR of 4.70% from 2021 to 2030. The Asia Pacific Salicylic Acid Market is expected to grow at a significant growth rate due to number of driving factors.

Asia Pacific Salicylic Acid Market: Market Player Analysis

  • Hebei Jingye Group
  • Seqens (Novacap changes names to Seqens)
  • Rishabh Metals and Chemicals
  • Alta Laboratories
  • Zhenjiang Gaopeng
  • Siddharth Carbochem
  • Shandong Xinhua Longxin Chemical
  • JQC (Huayin) Pharmaceutical Co., Ltd.
  • Others

Scope of Salicylic Acid Market

Salicylic Acid is a lipophilic monohydroxybenzoic acid, a type of phenolic acid, and a beta hydroxyl acid. In terms of physical properties, it is an odorless and colorless crystalline organic acid. Salicylic acid acts as an intermediate in the pharmaceutical and personal care industries. It is obtained from the white willow plant (Salix Alba). It is a monohydroxybenzoic acid, which exhibits properties of phenolic and beta hydroxyl acid. Salicylic acid has keratolytic, therapeutic, antimicrobial, and anti-inflammatory properties, which make it ideal for various applications. It is available in form of cream, ointment, solution, or impregnated plaster for the treatment of common, senile, and genital warts. It eliminates the inflammatory process through the inhibition of sebum and sweat production. It has a caustic effect at the area of application and helps in treating scaling dermatoses and localized hyperkeratosis and hence used as a disinfectant due to its antiseptic & antifungal properties. Salicylic acid is used in the treatment of ringworm infection due to its antifungal properties and also as an oral cleaning agent, an anti-irritant to reduce inflammations such as tenderness, swelling, itching, pain, or redness of the skin.

Salicylic acid is used in the personal care & cosmetics industry due to its oxidation properties. Increasing cases of pimples, whiteheads, blackheads, warts, zits are driving the growth of salicylic acid-based cosmetics. Salicylic acid has the property of penetrating oily skin and therefore it is preferred as the best choice for oily skin and for treating skin problems such as breakouts, blackheads, whiteheads, acne, among others. Due to this, the demand for Salicylic Acid is increasing in the cosmetics industry. The rising developments in personal care products is one of the major factors fostering the growth of the salicylic acid market during the forecast period. In addition, products for the skin and sun care category are widely used and generate the largest revenue for the Asia-Pacific cosmetics market. China holds the largest market share in the skincare and sun care category, followed by Japan. In 2017 the size of the cosmetics market in the Asia Pacific amounted to approximately 111.95 billion U.S. dollars, In 2018, approximately 120 billion U.S. dollars. And in 2019 127.19 billion U.S. dollars. Globally, Asia Pacific made up the largest share of the cosmetic market, accounting for around 41 percent worldwide in 2019. Within the region, China, Japan, and South Korea were the leading markets for beauty and cosmetics, with Vietnam catching up rapidly. This has also driving the demand for salicylic acid in Asia pacific.

Aspirin is an anti-inflammatory drug that is widely used as a painkiller and treats fever, chills, and cough. Aspirin is one of the largest pharmaceutical drugs in the world and its discomfort is increasing because it has pain-relieving action, and this drug is easily available in the market. The drug is increasingly being used to prevent and treat diseases such as dementia, especially stroke in the elderly, which is driving the salicylic acid market. This will open up a lot of opportunities in the salicylic acid market in the near future. Furthermore, rising awareness of the harmful effects of improper use of the compound prompts regulatory bodies, such as the Food and Drug Administration (FDA), to implement strict regulatory guidelines regarding the complete approval of salicylic acid in various products, may limit the market growth.

The Asia Pacific Salicylic Acid market research reports segments as follows:

The study provides a crucial view of the Asia Pacific Salicylic Acid Market by segmenting the market based on the basis of end use. Based upon the end use, Asia Pacific Salicylic Acid market is segmented into Industrial & Specialties, Pharmaceutical, and Personal Care & Cosmetics.

Asia Pacific Salicylic Acid Market: By End Use

  • Industrial & Specialties
  • Pharmaceutical
  • Personal Care & Cosmetics

Asia Pacific Salicylic Acid Market: By Country

  • China
  • India
  • Thailand
  • Rest of Asia Pacific

Market Trends of Salicylic Acid Market on Asia

Salicylic acid is a type of beta hydroxy acid and a phenolic acid. It is a colourless and odourless crystalline organic acid. It is mainly used for reducing acne by exfoliating the skin, keeping pores clear and also to rejuvenate or brighten skin. Due to its oxidation property Salicylic acid is used in the personal care & cosmetics industry. For example; Cosmetic products with higher concentrations of salicylic acid may be used as exfoliants. Also, salicylic acid is observed to have significant therapeutic value with multipurpose ingredient benefits every skin type with its refining effect on the skin, particularly for those struggling with acne and blackheads. Salicylic acid has the ability to advance deep into skin and break up the excess oil and dead skin cells. It is used in higher concentrations as a peeling agent for the treatment of acne, acne scars, age spots and melasma. Salicylic acid acts as an intermediate in the cosmetics & personal care and pharmaceutical industries. Salicylic acid has a broader range of product varieties in cosmetics industry that has huge demand in the market such as cleanser, blemish control, anti-aging exploent, acne wash, acne tonner, shampoo, acne treatment body wash, body lotion, resurfacing serum, acne treatment face oil, face mask, peeling solution and many more. It is widely used in various industries such as cosmetics & personal care and pharmaceuticals. In cosmetics industry, salicylic acid has huge demand for facial creams and acne reduction preparations for skin treatment and for shampoos and conditioners that are used to treat various hair conditions.

Salicylic acid is recognized to numerous applications across the pharmaceutical industry such as manufacturing drugs for skin disorders, cardiovascular diseases and hughes syndrome. For example; Aspirin is one of the largest selling pharmaceutical drugs across the globe and it is used for pain relieving action and also easily available in the market. Moreover, increasing adoption of salicylic acid products, growing cases of pimples, warts, zits, whiteheads, blackheads and rising acceptance of salicylic acid among the users related its infinite skin care benefits, increasing advancement in personal care are expected to drive the global salicylic acid market within the forecast period.

Some of major application trends of Salicylic acid in cosmetic industry in Asia Pacific are as follows:

Cleanser:  A cleanser is a facial care product that is used to remove or cleans dirt or other substances. It is a skincare product used to remove make-up, oil, dead skin cells and other types of pollutants from the skin. It helps to keep pores clear and prevent skin conditions such as acne. It offers a smooth, purified and radiant skin. There are many types of cleansers available in the market that are produced with a specific purpose. Cleansers have some of the best ingredients in cleansers include retinol, salicylic acid, glycerin, ceramides, vitamin C and chemical and physical exfoliants. These active ingredients are more suitable for oily skins to prevent breakouts. Among all, Salicylic acid is one of the powerful ingredient that can keep complexion clean and clear. Salicylic acid exfoliates dead skin cells and encourages the growth of new skin. 

Blemish Control Pads: It helps to treat acne, clear pores and prevent future breakouts. Applying these pads to skin care routine will give smooth, soft, and fully refreshed clear skin. Blemish control pads have salicylic acid, which effectively fight blemishes. These anti-blemish pads are able to speed up the healing process of any sore, red blemishes and also help to reduce bacteria. When it is applied to the skin, salicylic acid may work by helping the skin to reduce dead cells from the top layer and by decreasing redness and swelling (inflammation). Blemish control pads with salicylic acid decreases the number of pimples that form and speeds healing.

Anti-Aging Exfoliant: Anti-aging exfoliant is well-known for its ability to exfoliate the skin and keep pores clear. It is used as to remove melasma, acne scars, sun damage and age spots. There are various types of anti-aging exfoliants available in the market which are highly in demand. Salicylic acid is powerful ingredient that is mainly used in anti-aging and acne products.  Salicylic acid is a beta-hydroxy acid which is commonly used in skincare products to help visibly improve the texture of the skin, increase skin cell turnover, reduce the signs of aging and reducing blemishes.

Acne Wash: Acne face wash is made to clean pores more deeply. The texture is often foamy when applied to damp skin. Acne wash with salicylic acid is effectively reduces acne by exfoliating the skin and by deeply cleansing blocked pores. Salicylic acid contains anti-ammatory properties is well-known as the acne-fighting ingredient which help to reduce inflammation caused by acne. It makes skin visibly clear; fights acne causing bacteria and reduces the appearance of blemishes from face.

Acne Tonner: Acne toners help to remove makeup residue and excess oil that can clog pores. Anti-Acne Toner is made up with the rich properties of Salicylic Acid which help to remove bacteria, dirt and grime that has built up on the surface of the skin so that pores remain free from impurities and irritations. Salicylic acid acne toners offer ideal benefits to manage skin oils and breakouts. It also helps to gently break down dead skin cells on the surface of skin and penetrates deep inside pores. As the most popular ingredient from the beta-hydroxy acid family, salicylic acid is most important thing. This oil-soluble compound can penetrate skin and repair it from inside. There are numerous types of best salicylic acid toners available for flawless skin. The toner is made up of combination including salicylic acid and glycolic acid, vitamin C, niacinamide, and hyaluronic acid for superb antioxidant hydration. Also, the combination of acne tonner is with witch hazel, salicylic acid, and tea tree oil. These wonderful components together balance oil production and combat stubborn acne. These acids gently exfoliate and remove excess dirt from the skin. The acne tonner product protects against sun exposure and pollution and prevents acne.

Shampoo: Salicylic acid is one of the most widely used elements used in shampoo manufacturing for haircare treatment like scalp conditions, including dandruff and seborrheic dermatitis of the scalp. However, Salicylic acid in shampoo is completely normal and healthy for the scalp. It works in exactly the same like in skincare. Salicylic acid is the best shampoo ingredients for dandruff.  In the market, there are many more shampoos available containing salicylic acid which has high in demand. 

Acne Treatment Body Wash: It helps to refresh and clean the skin without drying it out. Body wash contains the salicylic acid and vitamin C which are used prevents the breakouts. There is a number of acne treatment body wash available in the market which have a high concentration of salicylic acid to discourage blemishes on the body. Acne treatment acid body wash with salicylic acid is used not only to help keep body clean from the dirt but also keep it healthy and soft. Its best use is as a treatment for superficial acne (mild cases of whiteheads and blackheads) on the face and the body. In body washes, the common acne-fighting ingredients found are such as salicylic acid, benzoyl peroxide, tea tree oil, Aloe vera. Among all, salicylic acid is in the list of most widely used elements in popular of the products. Also, benzoyl peroxide has the ability to specifically target the bacteria associated with acne and is an effective anti-inflammatory.

Body Lotion: Body lotion can help to smooth and soften dry skin on legs, knees, elbows and other problem areas. By using a body lotion for rough skin that contains salicylic acid and lactic acid for gentle exfoliation, plus hydrating hyaluronic acid to help restore the skin’s natural barrier. The key ingredient of body lotion is salicylic acid which is used to help clear and prevent pimples and skin blemishes in people who have acne on body. Body lotion for rough skin is designed to improve skin's texture by exfoliating and hydrating it, while also restoring skin’s natural barrier with the help of three essential ceramides such as salicylic acid, lactic acid and hyaluronic acid. Many body lotions are presented in the market which contains salicylic acid.

Resurfacing Serum: Resurfacing serum fuels the skin’s natural renewal process to exfoliate dead skin cells and restore radiance of skin. The serum exfoliates the skin using a potent blend of salicylic acid, antioxidant-rich vitamin C, and alpha-hydroxy acid (AHAs), restoring the skin’s natural radiance as it refines the pores and wrinkles. The pore-purifying serum stimulates skin with a dewy glow and refines the pores. Resurfacing serum is a powerful product which used for resurfacing treatment that fights everything from acne and blackheads to wrinkles and pollution.

Acne Treatment Face Oil: Face oil can actually treat skin issues, while giving glow, bright, clear face. Salicylic Acid is a powerful acne fighting ingredient used in face oil.  It works by reducing the number of skin cells within pores, which helps to prevent pimples form forming. Salicylic Acid acts as a strong ingredient to treat existing pimples and acne, as well as prevent future breakouts. In the market, there is the combination of 2% Salicylic Acid and Witch Hazel product are available which exfoliates the pores' walls to prevent the appearance of blackheads and whiteheads. Salicylic acid has the anti-inflammatory and oil-soluble properties that allow it to penetrate deep within the pores and clears sebum actively. Salicylic acid in face oil is mainly used to prevent acne breakouts and makes skin healthy and clear.

Face Mask: Face mask is used as the removal of dead skin cells on the surface of oily and blemish-prone skin. It is widely used with the purpose of revealing more radiant skin beneath. Face masks with beta hydroxy acids like salicylic acid is most important element that will help to remove excess oil by exfoliating dead skin cells and unclogging pores. It also fights dullness and uneven skin texture with gentle exfoliation and cell turnover, revealing clear, clean, and healthy skin.

Peeling Solution: Peeling solution softly exfoliates the skin to slough away dead skin cells and other pore-clogging agents, visibly improving tone, texture and radiance. Peeling solution with salicylic acid is used for treatments that deeply exfoliate the surface layers of the skin. It contents combination of potent AHA and BHA, this together blend makes this peeling solution an excellent clarifying treatment. Also, it works to reduce the look of fine lines, dark spots and wrinkles over time.

Thus, these are some of major application trends of the Salicylic Acid in the Asia Pacific.

SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

Asia Pacific Salicylic Acid Market: By End Use

  • Industrial & Specialties
  • Pharmaceutical
  • Personal Care & Cosmetics

Asia Pacific Salicylic Acid Market: By Country

  • China
  • India
  • Thailand
  • Rest of Asia Pacific
Country
Regions and Country

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherlands
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA
Company
Key Players
  • Hebei Jingye Group
  • Seqens (Novacap changes names to Seqens)
  • Rishabh Metals and Chemicals
  • Alta Laboratories
  • Zhenjiang Gaopeng
  • Siddharth Carbochem
  • Shandong Xinhua Longxin Chemical
  • JQC (Huayin) Pharmaceutical Co., Ltd.
  • Others

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