Seqens Group, Zhenjiang Gaopeng Pharmaceutical Co., Ltd., Alta Laboratories Ltd., Tokyo Chemical Industry Co., Ltd., and Siddharth Carbochem Products Ltd., among others, are the key players in the global methyl salicylate market.
The global methyl salicylate market is being aided by the global salicylate market and is expected to grow at a CAGR of 4.8% in the forecast period of 2022-2027.
Methyl salicylate is a colourless, viscous liquid with a sweet odour, and is naturally developed by several species of plants, specifically wintergreens. The market growth of methyl salicylate is on the rise due to the growing demand from its applications in industries like pharmaceuticals. It is used as a preservative in food, and as an intermediate to produce fragrances and chemicals. Methyl salicylate is also used for medical applications like curing certain skin ailments, like psoriasis, acne, dandruff, and blemishes.
The growth of the pharmaceutical industry and food industry is predicted to boost the demand for the methyl salicylate market. The increased demand for personal care products such as skincare and hair care is driving the expansion of the methyl salicylate market. This can be attributed to a growing awareness of hair and skin issues, which is projected to aid market expansion in the coming years.
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Seqens is an integrated global leader in pharmaceutical solutions and speciality ingredients. Seqens offers a comprehensive portfolio of methyl salicylate grades. Different grades occur due to different amounts of phenol content present in them. These include MS Pharma, MS Premium+, MS Premium, and MS Standard. SEQENS operates 24 manufacturing plants and 3 R&D centers in Europe, North America, and Asia with 3,200 employees.
Zhenjiang Gaopeng Pharmaceutical Co., Ltd. specialises in producing salicylic acid series and raw medicine products. It provides high-quality products at reasonable prices and provides excellent customer service. The company also provides methyl salicylate in 25 kg polyethylene plastic drums or in 250kgs iron drums with a plastic liner.
Alta is an active participant in the chemical and pharmaceutical industries. It is the largest manufacturer of salicylic acid and downstream salicylates in India. The company provides quality products with time tested and proven technology, and its manufacturing plants are discharge free. Alta provides methyl salicylate in 35kg packages or 200kg drums.
Tokyo Chemical Industry Co., Ltd. is a leading worldwide manufacturer of speciality organic chemicals. The company offers more than 29,000 products as well as custom synthesis. It has established overseas facilities in North America, Europe, China, and India to serve customers worldwide. Tokyo Chemical Industry provides a minimum of 99% pure methyl salicylate.
Siddharth Carbochem Products Ltd. is one of the largest manufacturers of methyl salicylate and salicylic acid derivatives in India. It is recognised as a reliable supplier of quality products with a proven track record of customer satisfaction, service, and technical support. The company provides a minimum of 99% methyl salicylate as per the customer’s specifications and requirements, including phenol content and impurity limits.
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