The global salicylic acid market is expected to be valued at US$ 417.8 million in 2022 and US$ 814.2 million by 2032, with a CAGR of 6.9% from 2022 to 2032. Sales of salicylic acid are increasing due to rising consumer awareness about the numerous benefits provided by salicylic acid. Furthermore, there is an increase in the use of …
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Rising Demand: Salicylic Acid Market Surges with a CAGR of 6.9% by 2032
The global salicylic acid market is poised for substantial growth, with a projected CAGR of 6.9% from 2022 to 2032, reaching a valuation of USD 814.2 million by the end of the forecast period. This growth is driven by increasing demand from various industries, including cosmetics, pharmaceuticals, and food preservation. Salicylic acid sales are rising as …
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