Salicylic Acid Market: Industry Analysis and Forecast (2021-2027)

Mayurikathade09 Nov, 2021Business

Global Salicylic Acid Market was worth US$ 410 Mn. in 2020 and total revenue is expected to grow at a rate of 5.3 % CAGR from 2021 to 2027, reaching almost US$ 560 Mn. Global Salicylic Acid Market Overview: The increasing frequency of various skin disorders, hair problems, and several health concerns that come with age might be related to the growth of the salicylic acid market. Salicylic acid is a naturally occurring chemical that is frequently employed in pharmaceutical formulations, cosmetics, and personal care products due to its outstanding antibacterial and anti-inflammatory effects. Acne is one of the most frequent skin problems globally. It affects more than 50 million people in the United States each year, according to the American Academy of Dermatology (AAD).