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Methyl Salicylate Market

Global Methyl Salicylate Market Size, Trends, Analysis: By Application: Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032

Global Methyl Salicylate Market Outlook

The global methyl salicylate market is being aided by the salicylate market. The global salicylate market is expected to grow at a CAGR of 4.8% in the forecast period of 2024-2032.

 

Global Methyl Salicylate Market

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Growing Demand from the Pharmaceutical Industry to Aid the Market Growth of Methyl Salicylate

The market growth of methyl salicylate is on the rise due to the growing demand from its application industries like pharmaceuticals. The product is employed in a variety of applications like pharmaceutical, industrial, and cosmetics. Moreover, the product is classified as a topical analgesic, due to which it is extensively employed in essential oil formulations and pain-relieving rubs to provide relief from arthritis and other aches. Methyl salicylate has several properties like being a superior intermediate for the synthesis of certain industrial, pharmaceutical, and agrochemical molecules, which has also encouraged the growth of methyl salicylate. In addition, methyl salicylate is also used for medical applications like curing certain skin ailments, like psoriasis, acne, dandruff, and blemishes. Methyl salicylate is used as a preservative in food, and as an intermediate for the production of fragrances and chemicals. The rising demand for these products is aiding the market growth of methyl salicylate.

 

Methyl Salicylate: Market Segmentation

Methyl salicylate is an organic ester methanol and salicylic acid that is naturally developed by several species of plants, specifically wintergreens. It is also an active ingredient in the wintergreen oil. Methyl salicylate is used in various sectors like pharmaceuticals, food and beverage, and liniments, among others.

 

Global Methyl Salicylate Market By Appication

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On the basis of application, the market is divided into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Methyl Salicylate Market By Region

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Rising Awareness for Personal Care to Aid the Market Growth of Methyl salicylate

The market growth of methyl salicylate is being driven by the rising demand for personal care products like skin care and hair care. This can be attributed to the rising awareness for hair and skin, which is expected to facilitate the market growth over the forecast period as well. In addition, the rising demand for pharmaceuticals is also predicted to enhance the market growth of methyl salicylate. Further, the increasing demand for methyl salicylate in the pharmaceutical sector for the production of various drugs and ointments is also estimated to invigorate the market growth over the forecast period. The growth of the pharmaceutical industry on account of various initiatives undertaken by certain governmental bodies, along with the rising awareness about the well-being among consumers, is predicted to boost the demand for methyl salicylate in the coming years.

 

Key Industry Players in the Global Methyl Salicylate Market

The report gives a detailed analysis of the following key players in the global methyl salicylate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Seqens Group
  • Zhenjiang Gaopeng Pharmaceutical Co., Ltd.
  • Alta Laboratories Ltd.
  • Tokyo Chemical Industry Co., Ltd.
  • Siddharth Carbochem Products Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Food and Beverages
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Seqens Group
  • Zhenjiang Gaopeng Pharmaceutical Co., Ltd.
  • Alta Laboratories Ltd.
  • Tokyo Chemical Industry Co., Ltd.
  • Siddharth Carbochem Products Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Methyl Salicylate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Methyl Salicylate Historical Market (2018-2023) 
    8.3    Global Methyl Salicylate Market Forecast (2024-2032)
    8.4    Global Methyl Salicylate Market by Application
        8.4.1    Food and Beverages
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Cosmetics and Personal Care
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Pharmaceuticals
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others   
    8.5    Global Methyl Salicylate Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
9    North America Methyl  Salicylate Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Methyl Salicylate Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Methyl Salicylate Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Methyl Salicylate Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East  and Africa Methyl Salicylate Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4     Key Indicators for Price
15    Value  Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Seqens Group
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Zhenjiang Gaopeng Pharmaceutical Co., Ltd.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Alta Laboratories Ltd.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Tokyo Chemical Industry Co., Ltd.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Siddharth Carbochem Products Ltd.
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Methyl Salicylate Market: Key Industry Highlights, 2016 and 2026
2.    Global Methyl Salicylate Historical Market: Breakup by Application (USD Billion), 2018-2023
3.    Global Methyl Salicylate Market Forecast: Breakup by Application (USD Billion), 2024-2032
4.    Global Methyl Salicylate Historical Market: Breakup by Region (USD Billion), 2018-2023
5.    Global Methyl Salicylate Market Forecast: Breakup by Region (USD Billion), 2024-2032
6.    North America Methyl Salicylate Historical Market: Breakup by Country (USD Billion), 2018-2023
7.    North America Methyl Salicylate Market Forecast: Breakup by Country (USD Billion), 2024-2032
8.    Europe Methyl Salicylate Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    Europe Methyl Salicylate Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Asia Pacific Methyl Salicylate Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Asia Pacific Methyl Salicylate Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Latin America Methyl Salicylate Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Latin America Methyl Salicylate Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Middle East and Africa Methyl Salicylate Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Middle East and Africa Methyl Salicylate Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    North America Historical Price Trends and Forecast 2018-2028
17.    Europe Historical Price Trends and Forecast 2018-2028
18.    Asia Pacific Historical Price Trends and Forecast 2018-2028
19.    Latin America Historical Price Trends and Forecast 2018-2028
20.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
21.    Global Methyl Salicylate Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.

The major drivers of the market are rising disposable incomes, and extensive applications from end use sectors.

The key trends guiding the growth of the market include emphasis on research and development activities for decreasing the risks of Hughes syndrome, strokes, and dementia, among patients and increasing population.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading applications in the market are food and beverages, cosmetics and personal care, and pharmaceuticals, among others.

The major players in the global methyl salicylate market are Seqens Group, Zhenjiang Gaopeng Pharmaceutical Co., Ltd., Alta Laboratories Ltd., Tokyo Chemical Industry Co., Ltd., and Siddharth Carbochem Products Ltd., among others.

Analyst Review

The global methyl salicylate market is being driven by the rising salicylate market. Aided by the growing research and development activities, the salicylate market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 4.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is segmented into food and beverages, cosmetics and personal care, and pharmaceuticals, among others. The major regional markets for methyl salicylate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Seqens Group, Zhenjiang Gaopeng Pharmaceutical Co., Ltd., Alta Laboratories Ltd., Tokyo Chemical Industry Co., Ltd., and Siddharth Carbochem Products Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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