Salicylic Acid Market Size and Share

Salicylic Acid Market (2025 - 2030)
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Salicylic Acid Market Analysis by Mordor Intelligence

The salicylic acid market is estimated to be USD 121.61 million in 2025 and is expected to grow to USD 167.44 million by 2030, at a CAGR of 6.60%. This market growth stems from therapeutic approvals, clean-label preservative demand, and agricultural applications. The pharmaceutical industry requires salicylic acid for its keratolytic and anti-inflammatory properties, while personal care manufacturers use it in acne treatment and exfoliation products. Besides, the United States and European regulators have increased safety requirements for children's products but expanded allowances in food and beverage applications. CO₂-based synthesis, achieving 92.68% yield, has improved production efficiency and reduced emissions. Moreover, the powder/crystal form leads the market due to its stability and applications in pharmaceutical and personal care products. This crystalline form is essential in topical treatments, including acne creams, anti-dandruff shampoos, and medicated patches. The pharmaceutical segment maintains growth through salicylic acid's use in over-the-counter and prescription products, supported by established regulatory frameworks in developed markets.

Key Report Takeaways

  • By form, powder/crystal captured 71.78% of the salicylic acid market share in 2024, whereas liquid formulations are projected to expand at 7.44% CAGR through 2030.
  • By application, pharmaceuticals led with 42.41% of salicylic acid market share in 2024; cosmetics and personal care are forecast to grow at the fastest 8.21% CAGR over 2025-2030.
  • By geography, Europe commanded 31.17% revenue share in 2024, while Asia-Pacific is set to post the quickest 9.83% CAGR to 2030.

Segment Analysis

By Form: Powder Dominance, Liquid Innovation

Powder/crystal forms maintain market leadership with a 71.78% share in 2024, supported by established manufacturing processes and cost-effective production economics. Liquid formulations exhibit accelerated growth at 7.44% CAGR as manufacturers develop enhanced bioavailability and application convenience. Traditional powder forms benefit from stability advantages and established supply chain infrastructure, particularly in pharmaceutical applications where precise dosing and extended shelf life remain critical requirements. 

The salicylic acid market demonstrates increased adoption of liquid formulations, attributed to their superior solubility, efficient skin absorption, and application convenience. These characteristics address market demand for ready-to-use cosmetic products, specifically in acne treatments, exfoliators, and clarifying toners. The efficacy of salicylic acid increases when formulated in stable liquid bases. Furthermore, emerging delivery systems, including transdermal patches and controlled-release gels, integrate the advantages of solid formulations' stability with liquid forms' rapid effectiveness. These advancements drive market demand for salicylic acid products that deliver optimal performance, minimize skin sensitivity, and provide efficient application methods.

Salicylic Acid Market: Market Share by Form
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By Application: Pharmaceuticals Lead, Cosmetics Accelerate

Pharmaceutical applications hold a 42.41% market share in 2024, driven by established therapeutic effectiveness and regulatory approval processes. The cosmetics and personal care segments show the highest growth rate at 8.21% CAGR through 2030. The pharmaceutical segment continues to expand beyond traditional dermatological uses, as research confirms salicylic acid's effectiveness in systemic acquired resistance pathways and anti-inflammatory mechanisms. Food and beverage applications, despite their smaller market share, exhibit growth potential due to increasing demand for clean-label preservatives and evolving regulatory acceptance of natural alternatives. 

In pharmaceuticals, development focuses on improved delivery systems that optimize therapeutic outcomes while reducing side effects. Notably, supramolecular salicylic acid shows better collagen density improvement and lower skin irritation compared to standard formulations. The cosmetics segment expansion is supported by consumer demand for scientifically-proven active ingredients, though manufacturers must address regulatory limitations on products for children. Additional applications, including agricultural uses for plant growth regulation, contribute to market expansion, with documented soybean yield increases of 8-46% and improved stress resistance across various crops.

Salicylic Acid Market: Market Share by Application
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Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

Europe maintains market leadership with a 31.17% share in 2024, supported by established pharmaceutical manufacturing infrastructure and stringent regulatory frameworks that validate product quality and safety standards. The region benefits from comprehensive regulatory oversight through the European Medicines Agency and national authorities, creating consumer confidence in salicylic acid-containing products while establishing clear compliance pathways for manufacturers. European manufacturers leverage advanced production technologies and established distribution networks to serve both domestic and export markets, with particular strength in high-value pharmaceutical and cosmetic applications. 

The Asia-Pacific region emerges as the fastest-growing region, with a 9.83% CAGR through 2030, driven by expanding pharmaceutical manufacturing capacity, increasing agricultural applications, and rising consumer awareness of the benefits of active ingredients in personal care products. China leads regional growth through significant investments in manufacturing, including the establishment of new production facilities that incorporate environmental compliance measures and advanced process technologies. Moreover, North America represents a mature market with stable demand patterns across pharmaceutical, cosmetic, and emerging food preservation applications, supported by comprehensive regulatory frameworks and established consumer acceptance of active ingredient benefits. The United States Food and Drug Administration (FDA)'s clear guidance on salicylic acid use in various applications provides regulatory certainty that supports product development and market entry strategies. 

South America, and Middle East and Africa (MEA) markets present growth opportunities for salicylic acid, driven by urbanization, higher disposable incomes, and increased demand for pharmaceutical and personal care products. Brazil and Mexico are experiencing growth in their domestic pharmaceutical manufacturing and over-the-counter skincare segments, leading to increased adoption of salicylic acid formulations. The Middle East and Africa (MEA) region shows increased consumer awareness of personal hygiene and skin health, resulting in higher demand for salicylic acid in acne treatments and exfoliating products. However, market growth faces constraints from limited manufacturing capabilities, varying regulations across regions, and dependence on imports. Global manufacturers are focusing on strategic partnerships and local presence to expand their market reach and establish stronger supply chains in these regions.

Salicylic Acid Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The salicylic acid market exhibits moderate fragmentation, with major companies strengthening their market positions through vertical integration, research and development investments, and regional expansion. Major companies such as Seqens Group, Merck KGaA, Thermo Fisher Scientific, Cayman Chemical Company, and Siddharth Carbochem Products maintain their market share through manufacturing capabilities and strong customer relationships. Besides, smaller specialized companies focus on high-value applications and formulation technologies.

Additionally, competition centers on product quality, regulatory compliance, and technical support capabilities, particularly in pharmaceutical and cosmetic segments where strict specifications and documentation requirements create market entry barriers. Companies differentiate themselves through advanced manufacturing processes, product purity improvements, and specialized delivery systems that meet specific application needs.

As safety requirements evolve, regulatory compliance capabilities gain importance, prompting companies to invest in analytical capabilities and quality systems to fulfill documentation and testing requirements across global markets. Chemical manufacturers and end-use formulators form strategic partnerships to create integrated value chains, strengthening customer relationships while reducing competition from commodity suppliers.

Salicylic Acid Industry Leaders

  1. Seqens Group

  2. Merck KGaA

  3. Thermo Fisher Scientific

  4. Cayman Chemical Company

  5. Siddharth Carbochem Products

  6. *Disclaimer: Major Players sorted in no particular order
Salicylic Acid Market Concentration
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Recent Industry Developments

  • April 2025: Thermo Fisher Scientific announced a USD 2 billion investment plan in the United States over four years. The investment comprises USD 1.5 billion for capital expenditures to expand and upgrade U.S. manufacturing facilities, and USD 500 million for research and development in life sciences.
  • June 2024: Flychem introduced KOSAVA™, a high-purity encapsulated salicylic acid for personal care and pharmaceutical formulations, at Cosmohome Tech 2024. The product uses ProbiCap™ encapsulation technology to improve stability and penetration, providing sustained release of salicylic acid while reducing skin irritation.
  • June 2024: MilliporeSigma, the Life Science division of Merck KGaA, invested EUR 62 million in a new quality control facility at its Darmstadt headquarters. The 10,000 m² building, set to open by mid-2025, will house 135 employees from quality and compliance teams.

Table of Contents for Salicylic Acid Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Demand for Salicylic Acid in the Pharmaceutical Industry
    • 4.2.2 Rising Demand in Skincare and Personal Care Products
    • 4.2.3 Rise in Clean-Label Beverage Preservation Approvals
    • 4.2.4 Increasing Demand for Salicylic Acid in the Packaged Food Sector as a Food Preservative
    • 4.2.5 Growing Need for Plant Growth Regulators
    • 4.2.6 Increasing Consumer Preference for Dermatologically Tested and Natural Ingredients
  • 4.3 Market Restraints
    • 4.3.1 Availability of Substitutes
    • 4.3.2 Price Volatality of Raw materials
    • 4.3.3 Stringent Regulatory Approvals and Compliance Requirements
    • 4.3.4 Potential Health Risks and Skin Sensitivities
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter’s Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE, USD MN)

  • 5.1 By Application
    • 5.1.1 Pharmaceuticals
    • 5.1.2 Cosmetics and Personal Care
    • 5.1.3 Food and Beverages
    • 5.1.4 Others
  • 5.2 By Form
    • 5.2.1 Powder/Crystal
    • 5.2.2 Liquid
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 France
    • 5.3.2.3 United Kingdom
    • 5.3.2.4 Spain
    • 5.3.2.5 Italy
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Seqens Group
    • 6.4.2 Merck KGaA
    • 6.4.3 Thermo Fisher Scientific
    • 6.4.4 Cayman Chemical Company
    • 6.4.5 Siddharth Carbochem Products
    • 6.4.6 Lona Industries (Alta Laboratories)
    • 6.4.7 SimSon Pharma Limited
    • 6.4.8 Hebei Jingye Group
    • 6.4.9 Zhenjiang Gaopeng Pharmaceutical
    • 6.4.10 Spectrum Chemical Mfg
    • 6.4.11 Avantor Inc.
    • 6.4.12 Emco Group (Emco Dyestuff Pvt Ltd)
    • 6.4.13 Alpha Chemika
    • 6.4.14 Flychem Private Limited
    • 6.4.15 Central Drug House
    • 6.4.16 MedChemExpress
    • 6.4.17 The Andhra Sugars Limited.
    • 6.4.18 GFS Chemicals
    • 6.4.19 Plater Group
    • 6.4.20 Honeywell Research Chemical

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

Global Salicylic Acid Market Report Scope

Salicylic acid is a lipophilic monohydroxybenzoic acid, a type of phenolic acid, and a beta hydroxy acid, having molecular formula CHO. In terms of physical properties, it is an odorless and colorless crystalline organic acid. Salicylic acid acts as an intermediate in the pharmaceutical and personal care industry. In foods, salicylic acid helps to prevent spoilage and fermentation of packaged food products. The global salicylic acid market is segmented by application and geography. Based on application, the market is segmented into food and beverage and cosmetics and personal care, and pharmaceuticals. Based on geography, the study provides an analysis of the salicylic acid market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts in value (USD million) for the above segments.

By Application
Pharmaceuticals
Cosmetics and Personal Care
Food and Beverages
Others
By Form
Powder/Crystal
Liquid
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
France
United Kingdom
Spain
Italy
Russia
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
Rest of Middle East and Africa
By Application Pharmaceuticals
Cosmetics and Personal Care
Food and Beverages
Others
By Form Powder/Crystal
Liquid
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
France
United Kingdom
Spain
Italy
Russia
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
Rest of Middle East and Africa

Key Questions Answered in the Report

What is the current size of the salicylic acid market?

The salicylic acid market size was USD 121.61 million in 2025 and is projected to reach USD 167.44 million by 2030 at a 6.6% CAGR.

Which application segment holds the largest share?

Pharmaceutical uses led with 42.41% of salicylic acid market share in 2024, supported by widespread dermatological approvals.

Which region is expected to grow the fastest?

Asia-Pacific is forecast to expand at a 9.83% CAGR between 2025 and 2030 owing to rising pharmaceutical capacity and agricultural uptake.

How are regulations shaping product development?

European Union (EU) rules now limit children’s cosmetics to 0.1% salicylic acid, while the Food and Drug Administration (FDA)’s Modernisation of Cosmetics Regulation Act clarifies facility registration, leading manufacturers to invest in compliant, low-irritation delivery systems.

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