Octyl Salicylate Market Latest Trends 2021: Global Size, Share Analysis, Growth Opportunities, Report and Forecast 2031

Insights on the Octyl Salicylate Global Market to 2031 - Players Include AAKO, Aceto, Clariant and Ernesto Ventos

PORTLAND, OR, UNITED STATES, February 18, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global octyl salicylate market was estimated at $1.1 billion in 2021 and is expected to hit $1.8 billion by 2031, registering a CAGR of 5.4% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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The global octyl salicylate market is analyzed across type, application, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

The chemical compound octyl salicylate is also known by the names 2-ethylhexylsalicylate, octisalate, and benzoic acid. Salicylic acid and 2-ethylhexanol can be condensed to form the ester octyl salicylate. Octyl salicylate has a mild floral scent and is often colorless or pale yellow in appearance. Some chemical molecules have a vague or subtle scent. Octyl salicylate dissolves in a wide variety of solvents, including rubbing alcohol, isopropanol, olive oil, paraffin oil, dimethicone, mineral oil, and octyl palmitate. Organic chemicals, however, cannot be dissolved in water.

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Segmentation Overview:

Product Definition:

The chemical compound octyl salicylate has found use in the cosmetics and pharmaceuticals sectors. It reduces pain and inflammation and lowers fever. Octyl salicylate is a common fragrance ingredient in soaps, detergents, and other personal care products, as well as an effective UV light absorber and sunscreen agent in cosmetics. It also has anti-mosquito properties.Colorless: Colorless The aroma of octyl salicylate is light and pleasant, and the liquid itself is clear. It finds use in the food, cosmetics, and pharmaceutical industries, among others. The forecast period sees demand for the product being driven by its increasing use in personal care products like shampoos, moisturizers, and make-up removers.Pale yellow: Pale yellow Octyl salicylate liquid has a distinct odor and appears as a clear, colorless to pale yellow liquid. Water does not dissolve it, and its density is 0.985 grams per cubic centimeter.

Application Insights:

Octyl salicylate is used in perfumes, soaps, cosmetics, and sunscreens. The perfume was the largest application segment with a volume share of over 40% in 2017. Octyl salicylate is considered an intermediate chemical for several fragrance companies and it has more than 25 different uses in perfumery. It acts as a fixative for various floral and fruity notes which are very common in modern-day perfumes. The high demand from the cosmetic industry for using this chemical compound to manufacture skincare products is expected to drive the global market over the forecast period due to its properties such as skin-soothing, antioxidant activity, and anti-inflammatory activities that help reduce redness caused due by acne or rashes on the skin surface.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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