Salicylic Acid Market Size – By Form, End Use Industry Analysis, Share, Growth Forecast, 2025- 2034

Report ID: GMI12459
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Published Date: November 2024
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Report Format: PDF

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Salicylic Acid Market Size

The global salicylic acid market was around USD 513.7 million in 2024 and is expected to grow at a CAGR of around 8.3% between 2025 to 2034.
 

Salicylic Acid Market

Salicylic acid is utilized in various formulations during the production of different pharmaceutical drugs as well as in the production of cosmetics. Additionally, it is used as an exfoliator which enhances the ability of the body to replace old skin.

The growing trend in the use of acne treatment and skin care products boosted the salicylic acid market. As salicylic acid is quite popular as an ingredient in anti–acne programs the use of topical sarconis is becoming common because of their deep pore penetration effects. There is a fascination towards the product by healthy consumers such as skin care and antiaging products which in turn makes the skin care market a part of the cosmetic industry. Furthermore, salicylic acid is being added to skin care lines for inflammation and anti-aging treatments since it is effective in improving wrinkles and skin renewability.
 

Several critical trends seem to be influencing the future of the market. In response to an increasing preference by consumers for natural and organic products, the personal care & skincare industries are switching to cleaner and safer ingredients that are in great need. With an increased concern about the potential risks of manufactured synthetic chemicals, industry suppliers are looking for effective substitutes such as those derived from willow bark and wintergreen.
 

The global salicylic acid market is rapidly evolving due to technological progress. The overall growth of the biocompatible cosmetics market has overtaken this trend together with the consumers’ interest in natural products. There is a limited number of companies who have been able to fulfil the consumers’ interest in organic cosmetics.
 

Additionally, the increasing emphasis on self-care and the self-care movement together with the self-care trend has also caused the growth of the market for this compound for the nonprescription acne-spot cream and exfoliant industry. In addition, the advent of numerous e-commerce platforms facilitated global access and reach for these products. Besides, biotechnology is developing cost effective and environmentally sustainable ways to produce these goods, thus lowering their cost and increasing their demand across cosmetic and pharmaceutical industries.
 

Salicylic Acid Market Trends

Key trends are shaping the future of the global market for this compound. Driven by a demand for cleaner and safer ingredients, consumers are increasingly gravitating towards natural and organic products in personal care and skincare formulations. As awareness of synthetic chemicals' potential risks rises, manufacturers are turning to plant-based alternatives, often sourced from willow bark or wintergreen.
 

The burgeoning self-care and wellness movement has further propelled the use of this compound in over-the-counter skincare, especially for acne treatments and exfoliation. E-commerce platforms have played a pivotal role, broadening the global distribution and accessibility of these products. Moreover, biotechnological advancements are paving the way for sustainable and cost-effective production methods, making these products more affordable and expanding their application in cosmetics and pharmaceuticals. Collectively, these trends suggest a bullish outlook for the market.
 

Salicylic Acid Market Analysis

The main source of willow bark supply and synthetics manufacturing is based on natural materials, therefore, the varying costs of raw materials poses the bigger challenge in the salicylic acid industry. If the costs of raw materials rise or their availability diminishes, then the cost of production will increase in turn, changing the manufacturers’ price structure and profit margins. Furthermore, the market is being continuously confronted with challenges due to competition posed using synthetics and substitutes within the personal care market.
 

Regardless of its effectiveness, the production companies are starting to favor benzoyl peroxide or alpha hydroxy acids as substitute because the cost and durability are comparatively better. All producers are facing this challenge, and producers have to take a hit in terms of profit, thus they are compelled to find the optimal choice between efficiency and cost. Moreover, the growing demand for organic and natural skin care products increases the expectations of buyers and manufacturers in terms of quality and origin of the component raw materials, which again increases the expectations of sculpturing. In such environment, resource allocation primarily in pricing and sourcing decisions is critical in order to remain in business for long term.
 

Salicylic Acid Market Size, By Form, 2021-2034 (USD Million)

Based on form, these products can be divided into liquid and powder. In 2024, the powder salicylic acid market accounted for the highest segment at global scale, generating revenues of around USD 299.3 million. The cosmetic users and the pharmaceutical manufacturers were the earliest to launch this form in the market owing to its easiness and comfort to use.
 

In addition, the drug industry also makes use of the powder in aspirin pain relievers. This submarket is boosted by rising skincare and personal skincare requirements, and by broadening pharmaceutical uses. Because of changing consumer attitudes towards active and personalized skin care, the powdered form cements its status as the preferred form in the industry.
 

Salicylic Acid Market Revenue Share, By End Use Industry, (2024)

Of the many segments present such as agriculture, food and beverages, the leading segment and end use industry was cosmetics and personal care products. In 2024, the market for cosmetics & personal care made up of around 39.2% of the total share. The growing concern towards acne treatment, skin exfoliation, and aging has caused this segment to be powerful. The compound possesses the potential to permeate pores, disintegrate dead skin and reduce the resurfacing of acne and it is widely used in face cleansers, acne creams, face masks and serums. Growing knowledge concerning effective active components, along with strong interest in skin care and self-care among consumers has contributed to the increasing demand pattern.
 

And owing to the increasing demand for organic compounds alone, there is still a high demand for it as its natural origins are more than just organic willow bark. If millennials and Gen Z consumers are to be concerned, salicylic acid would still be considered as one of the most important elements in the range of skincare products as these consumers will continue with and spread its use in all types of cosmetic and personal products.  
 

U.S. Salicylic Acid Market Size, 2021-2034 (USD Million)

The U.S. salicylic acid market generated a revenue of around USD 110.2 million in the year 2024. It is well known that American citizens consume a great number of cosmetic products which explains their high consumption rate of salicylic acid. That demand is expected to rise due to the increased demand for acid as a skincare product, an acne solution, a skin ex-foliator, and an anti-ageing treatment.
 

The North America salicylic acid dominated by the U.S. with the increase in the use of personal care products and pharmaceuticals, the market is consolidated with major extent. The increasing trend of the population caring for their acne through over the counter offered acne control products and the hygiene product craving propelled the salicylic acid application and demand more.
 

Salicylic Acid Market Share

  • The salicylic acid industry is dominated by companies such as Seqens and Merck that compete in research and development, pricing and distribution. According to Merck, the company stresses on providing healthy salicylic acid products which are to be used in cosmetics and other personal care physics. Their production process is dependable, sophisticated and their items are efficient.
     
  • Seqens is attempting to optimize their operations and services for their business growth. They also have a wide range of service offerings across different industries. The two companies provide affordable prices and good supply chains as well as sustainable capital. The innovativeness of these companies is mainly geared towards the rising international demand for performance cosmetics and pharmaceuticals.
     

Salicylic Acid Market Companies

Major players operating in the salicylic acid industry are:

  • Alta Laboratories
  • Dhairya International
  • Hebei Jingye Medical
  • Merck
  • Seqens
  • Shandong Longxin Chemical
  • Siddharth Carbochem Products
  • Spectrum Chemical
  • Vizag Chemical
  • Zhenjiang Gaopeng Pharmaceutical 
     

Salicylic Acid Industry News

  • In July 2024, Re’equil launched a new product, a skin clarifying serum that said to aid in reducing acne scars as well as sebum secretion while assisting in inflammation recovery when applied with a 1 % granactive acne and 1% encapsulated salicylic acid (BHA) mixture.
     
  • In June 2024, Hyderabad-based Flychem launched the world’s most advanced high-purity encapsulated salicylic acid, KOSAVA, at India’s largest cosmetic expo, Cosmohome Tech 2024, in New Delhi.
     

The salicylic acid market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) & volume (Kilo Tons) from 2021 to 2034, for the following segments:

Market, By Form

  • Liquid
  • Powder

Market, By End Use Industry

  • Cosmetics & personal care
  • Pharmaceuticals
  • Agriculture
  • Food & beverage
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

 

Authors: Kiran Pulidindi , Kunal Ahuja
Frequently Asked Question(FAQ) :
Who are the major players in the salicylic acid business?
Major players in the industry include Alta Laboratories, Dhairya International, Hebei Jingye Medical, Merck, Seqens, Shandong Longxin Chemical, Siddharth Carbochem Products, Spectrum Chemical, Vizag Chemical, and Zhenjiang Gaopeng Pharmaceutical.
How much is the U.S. salicylic acid industry worth?
How big is the global salicylic acid market?
How significant is the cosmetics and personal care segment in the salicylic acid market?
Salicylic Acid Market Scope
  • Salicylic Acid Market Size
  • Salicylic Acid Market Trends
  • Salicylic Acid Market Analysis
  • Salicylic Acid Market Share
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    Premium Report Details

    Base Year: 2024

    Companies covered: 10

    Tables & Figures: 240

    Countries covered: 18

    Pages: 310

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