Salicylic Acid Market was valued at USD 302.2 million in 2020 and is expected to grow at a CAGR of 8% between 2021 and 2027. Salicylic acid is a type of beta hydroxy acid (bha) and phenolic acid with the formula C7H6O3. It is BHA, which is found as a natural compound in plants. It functions as a phytohormone. This lipophilic monohydroxy benzoic acid is a derivative of salicin metabolism. It is a crystalline organic carboxylic acid with keratolytic, bacteriostatic and bactericidal properties.
The adoption of salicylic acid has increased in various industries, including food and preservatives, pharmaceuticals, cosmetics, etc. Various exhibitions and fairs are also salicylic acid manufacturing companies, expanding their customer base and greatly contributing to the growth of the salicylic acid market. The purpose of the report is to provide a detailed analysis of salicylic acid market type according to i.e. industrial grade, pharmaceutical grade. This report provides detailed information on the main factors affecting the growth of the salicylic acid market. The report also provides a detailed overview of the salicylic acid value chain and analyzes market trends.
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Top Major Key Players Industries
Zhenjiang Gaopeng Pharmaceutical CO,.Ltd
Hebei Jingye Group
Shandong Xinhua Longxin Chemical Co. Ltd
Merck KGaA
Thermo Fisher Scientific
By Application
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
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https://www.orionmarketreports.com/salicylic-acid-market/25270/
Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
