Consumer awareness of the health advantages of Salicylic Acid-based skincare and hair care products is a significant driver driving the worldwide salicylic market's rise. The producers' hair care and skincare products are in accordance with current trends of goods that provide different medical advantages such as dandruff removal, hair loss, acne, psoriasis, or other skin problems. Cosmetic safety is a serious problem since the substances used in its manufacture might have negative health impacts and cause severe dryness, skin blistering, and skin irritation. As the cosmetics sector grows, a rising number of research on the safety of these products are conducted and controlled by relevant agencies. The constantly changing and expanding regulatory environment leads in significant expenses for research and development to assure compliance. This, to some extent, impedes market expansion. public demand for organically produced products generated from grapes, rosemary, thyme, and tree oil as an alternative is increasing as public knowledge about the detrimental effects of cosmetic components grows.
Top Companies in the Salicylic Acid Industry:
1. Alfa Aesar (U.K.)
Alfa Aesar is a leading global manufacturer of research chemicals. Founded in 1963, headquartered in Massachusetts, U.S. Alfa Aesar is a leading manufacturer and supplier of research chemicals, metals and materials in a wide span of applications.
2. Alta Laboratories Ltd. (India)
Alka Laboratories is a manufacturer of drugs, chemicals, and solvents. Founded in 1998, headquartered in Delhi, India.
3. Hebei Jingye Group (China)
Hebei Jingye Group produces steel products. Founded in 2009, headquartered in China.
4. Novacap (France)
Novacap is a Canadian private equity firm. Novacap’s unique investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous investee companies. With an experienced management team and substantial financial resources, Novacap is well positioned to continue building world-class companies. Founded in 1981.
5. Shadong Xinhua Longxin Chemical Co., Ltd. (China)
Shandong Xinhua Pharmaceutical is a manufacturer of pharmaceuticals and chemical products. Their products include raw materials, preparation products, chemical intermediates, sales services, customer service, global cooperation, and drug safety. They offer cardiovascular and cerebrovascular drugs, digestive system drugs, anti-tumor drugs, anti-metabolism drugs, central nervous system drugs, and anti-infection drugs. Founded in 1943, headquartered in China.
6. Simco Chemical Inc. (Canada)
SIMO-CZ is a supplier of technology solutions for plants, engineering, chemical and automotive industries. Founded in 2004, headquartered in Czech Republic.
*Definition- Salicylic acid is a white crystalline organic substance that is readily soluble in water. It is produced by the breakdown of Salicin, an anti-inflammatory substance isolated from willow bark.
