During the forecast period of 2020-2025, the salicylic acid market is expected to grow at a CAGR of 4.8 percent.
A rise in the prevalence of chronic acne vulgaris in adults and teenagers, owing to sedentary lifestyles and increased fast-food intake, could boost salicylic acid demand.
Anti-inflammatory and antibacterial effects have also been discovered in salicylic acid. It possesses fungicidal effects when combined with benzoic acid in an ointment.
Furthermore, salicylic acid market widespread use in the pharmaceutical business to make acetylsalicylic acid, phenyl salicylate, sodium salicylate, methyl salicylate, and methyl salicylate may support market expansion.
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