DUBLIN, January 14, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tlt46f/global_salicylic) has announced the addition of the "Global Salicylic Acid Market 2015-2019" report to their offering.
The global salicylic acid market to grow at a CAGR of around 9% during the forecast period
The increased use of salicylic acid in the manufacture of aspirin and its extensive application in the pharmaceutical sector is the primary driver for the growth of the market.
One interesting trend that we can expect to observe is the growing interest of pharmaceutical majors in the medicine production business. With increasing competition in the pharmaceutical industry because of the emergence of generic drug majors, major pharma vendors are increasingly seeking business opportunities in the complementing sectors. Upstream integration will give them economical sourcing and insulate them from raw material fluctuations.
According to the report, the increased use of salicylic acid in the manufacture of aspirin, its wide application in the pharmaceutical sector and the growth of the food and beverage industry have been some of the major drivers contributing to the growth of the market.
Further, the report states that high prices affect product reach, thereby hindering market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Segmentation by application and analysis of the salicylic acid market
- Food and preservatives
The key vendors in the market are
- Alta Laboratories
- Alfa Aesar
- Zhenjiang Gaopeng
Other prominent vendors in the market include
- J.M. Loveridge
- Siddharth Carbochem
- Rishabh Metals and Chemicals
- Samrat Remedies
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Food, preservative, and others sector
Part 07: Market segmentation by geography
Part 08: Manufacturing process analysis
Part 09: Trade balance analysis
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
Part 16: Key vendor analysis
Part 17: Appendix
For more information visit http://www.researchandmarkets.com/research/tlt46f/global_salicylic
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SOURCE Research and Markets