Amyl Salicylate Market Size (2024 – 2030)

The Amyl Salicylate Market was valued at USD 200 million in 2023 and is projected to reach a market size of USD 300.73 million by the end of 2030. Over the forecast period of 2024-2030, the market is estimated to grow at a CAGR of 6%.

Amyl Salicylate, also called pentyl salicylate, is an ester of salicylic acid and amyl alcohol. It is a colourless or pale, yellow liquid with a fruity fragrance. Amyl Salicylate is majorly used as a fragrance ingredient in cosmetic and personal care products, as well as in the making of soaps, detergents, and perfumes. This growth can be directed to the rising demand for cosmetic and personal care products globally. The increasing consumer awareness about personal grooming and hygiene, coupled with the boosting disposable income, drives the demand for fragrance ingredients such as Amyl Salicylate. Additionally, the market is witnessing a transformation towards natural and organic ingredients, which is influencing the demand for natural fragrance ingredients like Amyl Salicylate. Consumers are becoming more aware of the potential health risks associated with synthetic chemicals, leading to the choice of natural and safer alternatives. Overall, the Amyl Salicylate market is projected to observe substantial growth in the coming years, fuelled by the growing demand for natural fragrance ingredients and the booming cosmetics and personal care industry.

Key Market Insights:

Methyl Salicylate is used for medical applications like treating certain skin ailments, like psoriasis, acne, dandruff, and blemishes. Methyl salicylate is taken as a preservative in food and as an intermediate for the creation of fragrances and chemicals.

Salicylic Acid is attributed to back the expansion of the hair and skin industry, mainly in Asia and China. Asia Pacific generated 31% in the haircare industry in 2020.

According to Novacyl, a start-up, the manufacturing plant would strengthen the Company’s position and further better its development sustainability on Salicylic acids and their derivatives. The project is estimated to offer a rise in production capacity of 6000 tons with an enhanced level of performance and quality.

Amyl Salicylate Market Drivers:

Rising Use of Amyl Salicylates in End-User Industries is driving the global market growth.

Amyl Salicylate’s application can be seen in various end-user industries such as food & beverage, personal care, pharmaceuticals and others. This is influencing the growth of the market in the forecast period. Based on end-use industries, Methyl Salicylate utilization can be seen as fragrant additives in the Perfume and Personal care industry.

Rising awareness regarding Personal Care is contributing largely to the sales of amyl salicylate for various products.

Amyl Salicylate’s application can be highly observed in the Personal care industry which is expected to direct market growth in the estimated period. Consumers are becoming more and more conscious of their personal care and healthcare routines, leading to a surge in the demand for products that contain Methyl Salicylate. Its antiseptic and anti-inflammatory characteristics make it a key ingredient in products like toothpaste, mouthwash, and skincare items.

The rising Pharmaceutical Industry presents various opportunities for applications across the sector.

Amyl Salicylate can be used widely in pain-relieving medicines in order to provide relief to arthritis, joint, or muscle pain. For example, in 2019, 11% of U.S. adults used one or more pain-relieving medicines in the past 30 days.

Growing concern regarding Hair and Skin is augmenting the demand for amyl salicylate driving the market growth.

The market growth of Methyl Salicylate is driven by the hair and skin care industry. Methyl Salicylate plays a pivotal role in the Hair and Skincare industry as it is used in products like shampoos, dyes, conditioners and sprays. Growing concern related to haircare and skincare is further driving the growth of this market.

Amyl Salicylate Market Restraints and Challenges:

Strict Government rules and regulations are a major cause of market slow down.

The use of Amyl Salicylate in certain concentrations may be regulated by government authorities due to potential toxicity issues. Stringent regulations regarding the permissible levels of Amyl Salicylate in consumer products can limit market development, especially in the Pharmaceutical and Personal care segments.

The availability of Alternatives in the market may restrain the otherwise market growth.

Amyl Salicylate faces competition from substitute compounds with similar properties. Substitutes like menthol, camphor and eucalyptus oil offer comparable benefits in pain relief and fragrance uses. The availability of these substitutes can throw a challenge to the market growth.

Fluctuating Raw Material Prices are one of the major causes for the slow growth of the global amyl salicylate market.

Amyl Salicylate production relies on raw materials such as wintergreen leaves or synthetic by products. Fluctuations in the prices of these raw materials can result in the overall production costs, posing a threat to manufacturers and potentially affecting the market growth.

Amyl Salicylate Market Opportunities:

Increasing demand for Natural Fragrances is presenting a plethora of opportunities for the market.

With the rising preference for natural odour in perfumes, cosmetics and household products, there is a crucial opportunity for the utilization of Amyl Salicylate as a fragrance ingredient. Its pleasant minty flavour makes it an attractive choice for natural fragrance formulations. The widening consumer base in emerging economies presents a lucrative offer for market players in the Amyl Salicylate industry. The growing disposable income, urbanization and changing lifestyle patterns in these regions contribute to the growing demand for personal care and healthcare products, driving market development.  

The modernizations techniques in agriculture may help to increase productivity, hence, providing lucrative results.

As the Agricultural industry continues to capitalize advanced technologies and practices, the need for effective crop protection measures and innovative pest control solutions is increasing. Amyl Salicylate’s ability as a pheromone for insect control presents an opportunity for market players to develop eco-friendly and sustainable farming solutions.

AMYL SALICYLATE MARKET REPORT COVERAGE:

Amyl Salicylate Market Segmentation: By Type

• Less Than or Equal 98%

• More Than 98%

Amyl salicylate, also called pentyl salicylate, is a chemical compound used in the formulation of multiple products such as lotions, perfumes, and sunscreens. The less than or equal to 98% market cites to amyl salicylate products with a purity level up to 98%. On the other hand, the more than 98% market refers to products with a purity level exceeding 98%. The preference between these two types depends on the specific application and requirements of the consumer.

Amyl Salicylate Market Segmentation: By Application

• Cleaning and Furnishing Care

• Cosmetics

• Food Additives

• Others

Amyl salicylate is a chemical compound used in several industries. In the cleaning and furnishing care sector, it is utilised as an ingredient in cleaning products like detergents and polishes. In cosmetics, it is applied in products such as lotions and moisturizers for its moisturizing and fragrance properties. As a food additive, it enhances the flavour and fragrance of food products. Furthermore, Amyl Salicylate finds uses in various other industries, including Pharmaceuticals, Fragrances, and Plasticizers.

Amyl Salicylate Market Segmentation: By Region

• North America

• Asia-Pacific

• Europe

• South America

• Middle East and Africa

North America and Europe are estimated to dominate the market due to the increasing demand for Amyl Salicylate in the Pharmaceutical and Cosmetics industries. The USA is expected to witness major growth owing to the rising adoption of Cosmetic products. China, on the other hand, is projected to exhibit substantial market development due to the expanding Pharmaceutical sector. These regions are expected to conquer major market shares, amounting to approximately 40% in North America, 35% in Europe, 15% in the USA, and 10% in China.

COVID-19 Impact Analysis on the Amyl Salicylate Market:

The COVID-19 pandemic has had both positive and negative results on the Amyl Salicylate market. On one hand, the increased stress on personal hygiene and healthcare has driven the demand for products containing Amyl Salicylate, such as sanitizers and pharmaceuticals. On the other side, disruptions in the supply chain, limitations on manufacturing activities and reduced consumer spending have affected the market growth to the same extent.

Latest Trends:

Rising demand for Natural and Organic products

The market is witnessing a transformation towards natural and organic ingredients, driven by consumer preferences for environment friendly and sustainable products. Methyl Salicylate’s natural origin positions it as a significant ingredient in this trend.

Tectechnological advancements in manufacturing

Continuous improvements in production techniques, such as extraction methods and synthetic processes, are enhancing the efficiency and budget-friendliness of Amyl Salicylate production. These advancements contribute to market growth.

Growing popularity of pain relief products

The demand for pain-relieving products, including topical analgesics, is on escalation. Amyl Salicylate’s pain-relieving properties make it a sought-after element in these products, driving market development in this segment.

Hairui Chemical is a well-established Company in the Amyl Salicylate market. They are known for their expertise in manufacturing and supplying many chemicals and pharmaceutical intermediates. The company's eyes are on continuous innovation and technological advancements to align with the specific demands of their customers. Hairui Chemical recently started operating across multiple industries, including Pharmaceuticals, Agriculture, and Personal care. 

Key Players:

1. MolCore BioPharmatech

2. Finetech Industry Limited

3. Hairui Chemical

4. Aaron Chemicals

5. Yuhao Chemical

6. AA BLOCKS

7. Sigma-Aldrich

8. Sunway Pharm