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Methyl salicylate is an organic compound with the formula C8H8O3. It is the methyl ester of salicylic acid. Methyl salicylate is a commonly used flavor and fragrance compound which provides the sensory properties of wintergreen. It is used in perfumes, food & beverages, candies, chewing gums, oral care products and so forth. Methyl salicylate is also used as pharmaceutical intermediates and as raw materials for compositions. The analysts forecast the global methyl salicylate market to exhibit a CAGR of 4.28% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global methyl salicylate for 2019-2024. To calculate the market size, the report considers the methyl salicylate sales volume and revenue.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, and application.
Geographically, the global methyl salicylate market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.
- North America (U.S., Canada, Mexico, etc.)
- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
Based on application, the methyl salicylate market is segmented into:
- Pharmaceuticals
- Flavours & Fragrances
- Fine Chemicals
- Tobacco
The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global methyl salicylate market are:
- Alta Laboratories Ltd.
- Jiangsu Puyuan Chemical Co., Ltd.
- JQC (Huayin) Pharmaceutical Co., Ltd.
- Rishabh Metals and Chemicals Pvt. Ltd.
- Salicylates And Chemicals Pvt. Ltd.
- SEQENS SAS
- Shandong Longxin Chemical Group Co., Ltd.
- Siddharth Carbochem Products Ltd.
- Zhenjiang Gaopeng Pharmaceutical Co., Ltd.
- Zhenjiang Maoyuan Chemical Co., Ltd.
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Objective of the study:
- To analyze and forecast the market size of global methyl salicylate market.
- To classify and forecast global methyl salicylate market based on region, and application.
- To identify drivers and challenges for global methyl salicylate market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global methyl salicylate market.
- To conduct pricing analysis for global methyl salicylate market.
- To identify and analyze the profile of leading players operating in global methyl salicylate market.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:
- Manufacturers of methyl salicylate
- Raw material suppliers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to methyl salicylate
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with methyl salicylate suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.