According to the report published by Allied Market Research, the global premium salicylic acid market was estimated at $131.4 million in 2020 and is expected to hit $263.9 million by 2030, registering a CAGR of 7.2% from 2020 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. 

Access Full Summary Report: https://www.alliedmarketresearch.com/premium-salicylic-acid-market 

Increase in demand for preserved food & beverages and several personal care products drives the growth of the global premium salicylic acid market. On the other hand, consumer awareness about certain harmful effects of the acid hampers the growth to some extent. However, high adoption of premium salicylic acid in pharmaceuticals and cosmetics and increase in demand for aspirin drugs are expected to create lucrative opportunities in the industry. 

The key market players analyzed in the global premium salicylic acid market report include Avonchem limited, J.M. Loveridge Limited, Alfa Aesar, Reagents, Novacyl, Midas Pharma GmbH, Wego Chemical Group, and Solvay Merck KGaA. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.