Salicylic Acid Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 20
The salicylic acid market was valued at US$ 430.7 million in 2021 and is projected to reach US$ 701.1 million by 2028, growing at a CAGR of 7.1% from 2022 to 2028. Salicylic acid, a sort of lipophilic monohydroxybenzoic acid or phenolic acid, is an odorless colorless acid used as an intermediate in the development of pharmaceuticals and personal care products.