Phenyl Salicylate Market was valued at USD 0.12 Billion in 2022 and is projected to reach USD 0.18 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The global Phenyl Salicylate market was valued at approximately USD 68 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of around 4.7% from 2022 to 2030. The increasing demand for phenyl salicylate across various end-use industries, particularly in pharmaceuticals, personal care, and cosmetics, is driving the market's growth. Phenyl salicylate is widely used in the pharmaceutical industry as a UV absorber and preservative, contributing to its consistent demand. Moreover, its application as a stabilizer in personal care products and plastics further enhances its market potential. The rising global awareness of skincare and the expanding cosmetics industry are anticipated to fuel the demand for phenyl salicylate during the forecast period.
Emerging markets, particularly in the Asia-Pacific region, offer significant opportunities for growth due to the expanding pharmaceutical and cosmetics sectors. Countries like China and India are witnessing increasing industrialization and consumer awareness, driving the demand for UV-absorbing and stabilizing agents like phenyl salicylate. Additionally, the growing focus on product innovation and environmentally friendly formulations is expected to create new opportunities for manufacturers. The market is also influenced by regulatory guidelines and evolving consumer preferences toward safe and effective ingredients in personal care products, adding further potential for expansion in untapped regions.
Get an In-Depth Research Analysis of the Global Phenyl Salicylate Market Size And Forecast [2025-2032]
Hunan Yetop Pharmaceutical Technology
Hangzhou Qiantai Biotechnology
BLD Pharmatech
Hangzhou Keying Chem
Zhengzhou Alfa Chemical
Haihang Industry
Hangzhou Xiaoshan Lianji Fine Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Phenyl Salicylate Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Phenyl Salicylate Market
Plastics Industry
Pharmaceutical Industry
Others
Based on Types the Market is categorized into Below types that held the largest Phenyl Salicylate market share In 2023.
Purity 98%
Purity 99%
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Phenyl Salicylate Market Research Analysis
1. Introduction of the Global Phenyl Salicylate Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Phenyl Salicylate Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Phenyl Salicylate Market, By Type
6. Global Phenyl Salicylate Market, By Application
7. Global Phenyl Salicylate Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Phenyl Salicylate Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/