According to a new report, published by KBV research, The Global Salicylic Acid Market size is expected to reach $854.8 billion by 2030, rising at a market growth of 7.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,46,668.82 tonnes, experiencing a growth of 6.6% (2019-2022).
The Skin Care segment is experiencing a CAGR of 7.7% during (2023 - 2030). Salicylic acid is a beta-hydroxy acid (BHA) that stimulates oil glands, exfoliates dead skin cells, and unclogs pores. As a result, it is extremely effective at treating and preventing acne, including blackheads and whiteheads. Salicylic acid's exfoliating properties make it valuable for promoting skin renewal. It helps remove dead skin cells, allowing new, healthier skin growth. Salicylic acid helps regulate sebum production in the skin. Preventing excess oil buildup reduces the likelihood of clogged pores and acne breakouts.
Full Report: https://www.kbvresearch.com/salicylic-acid-market/
The North America region dominated the Global Salicylic Acid Market, By Region in 2022, thereby achieving a market value of $297.3 million by 2030, growing at a CAGR of 6.7 % during the forecast period. The Europe region is experiencing a CAGR of 7.2% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 8.2% during (2023 - 2030).
By Application (Volume, Tonnes, USD Million, 2019-2030)
By Geography (Volume, Tonnes, USD Million, 2019-2030)