Salicylic Acid Price History and Forecast Analysis | Procurement Resource

Salicylic Acid Price History and Forecast Analysis | Procurement Resource

January 19, 2024
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Salicylic acid is a monohydroxybenzoic acid with the formula C7H6O3. It is a white, crystalline substance that can be chemically produced or obtained from the willow tree’s bark. Salicylic acid is popular for being an efficient therapy for acne and other skin disorders and is used in many skincare products. It helps exfoliate dead skin cells and unclog pores because it has keratolytic qualities.

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The acid also has anti-inflammatory effects that can help lessen swelling and redness. Due to its capacity to eliminate surplus scalp oil and manage flaking, it is also used as a significant component in various dandruff shampoos. Salicylic acid is also used in the pharmaceutical industry to create aspirin and other drugs.

Key Details About the Salicylic acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the salicylic acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Salicylic acid Price trends, including India Salicylic Acid price, USA Salicylic Acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Salicylic acid Price Trend:

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Salicylic acid is used in a variety of industrial processes. Pharmaceutical manufacturing is one such application. It plays a crucial role in the production of acetylsalicylic acid, better known as aspirin. Additionally, topical treatments for skin disorders like psoriasis, warts, and acne employ salicylic acid itself. It works well in the treatment of these conditions due to its keratolytic and anti-inflammatory effects. Salicylic acid is also used in the manufacturing of dyes and colorants. It functions as a precursor in the creation of a number of dyes, such as azo and anthraquinone dyes, which are used in paints, printing inks, and textiles. This acid can be used to keep food and drink from spoiling. Due to its antibacterial qualities, it is used as a food preservative, especially in the creation of fruit juices, jams, and pickles. It is also used as a vulcanization accelerator in the production of rubber. It aids in enhancing the suppleness, durability, and strength of rubber products.

Key Players:

  • Zhenjiag Gaopeng Pharmaceutical Co. Ltd.
  • Seqens SAS
  • Siddharth Carbochem Products Ltd
  • JM Loveridge Limited
  • Salicylates and Chemicals Pvt Ltd
  • Henan Haofei Chemical Co Ltd

News & Recent Development

  • January 22, 2023- Trying Skincare Products With Salicylic Acid And Retinol? Know More About Them- Salicylic acid has the ability to penetrate deeply into your skin, and it aids in skin improvement by eliminating dead skin cells from the top layer, lowering inflammation, removing excess oil, and unclogging clogged pores. Salicylic acid aids in the treatment of additional skin diseases brought on by adverse weather. Serum-containing salicylic acid is available in a variety of strengths. Most of them have the optimal concentration, which ranges from 0.5% to 2%.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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