Methyl Salicylates Market Analysis

  • Report ID: 3209
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Methyl Salicylates Market Analysis

Application (Pharmaceuticals, Food & Beverage, Cosmetics & Personal Care)

The global methyl salicylates market is segmented and analyzed for demand and supply by application into pharmaceuticals, food & beverage, cosmetic & personal care, and others. Out of these, the pharmaceutical segment is anticipated to hold the largest market share in the forecast period. This can be attributed owing to the growing application of methyl salicylate in the pharmaceutical industry. Owing to the product's classification as a topical analgesic, it is frequently used in essential oil compositions and pain-relieving rubs to treat aches and pains like arthritis. In the upcoming years, it is anticipated that the demand for methyl salicylate will increase owing to the expansion of the pharmaceutical business as a result of numerous measures made by specific governmental authorities and the rise in consumer awareness of health. Moreover, methyl salicylate is employed in medicine to treat a variety of skin conditions, including psoriasis, acne, dandruff, and blemishes. In 2020, around 90 million people in the Asia Pacific region were affected by acne and other skin diseases.

Purity (High, Low)

The global market is segmented and analyzed for demand and supply by purity into high and low. Out of which, the high-level purity segment is expected to account for the largest market share in the forecast period. Natural painkiller methyl salicylate is used to treat joint and muscular pain. High purity levels guarantee that the product is free of impurities and works well to relieve pain. Besides this, methyl salicylate is the most common and significant ingredient in the production of homeopathy medicines. For pharmaceutical and medical items, where purity levels need to be closely controlled, this kind of specification is crucial.

Our in-depth analysis of the global market includes the following segments:

     By Application

  • Pharmaceuticals
  • Food & Beverage
  •  Cosmetics & Personal Care
  • Others

     By Purity

  • High
  • Low
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3209
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of methyl salicylates is assessed at USD 223.85 Million.

The methyl salicylates market size was valued at USD 212.2 Million in 2023 and is poised to reach USD 458.19 Million by the end of 2036, registering around 6.1% CAGR during the forecast period i.e., between 2024-2036. The rising use of methyl salicylates in end-user industries and increasing awareness regarding personal care in the world are a few of the important factors responsible for the growth of this market.

North America is predicted the largest industry share by 2036, driven by increasing healthcare expenditure along with growing number of research & development activities in the pharmaceutical sector

Zhenjiang Gaopeng Pharmaceutical Co., Ltd., Alta Laboratories Ltd., Novacyl, Tokyo Chemical Industry Co., Ltd., Siddharth Carbochem Products Ltd., Thermo Fisher Scientific India Pvt. Ltd., Rephine Ltd, Jiangsu Puyuan Chemical, Nanjing Huajian Chemical, Shandong Longxin Chemical
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