2-Hydroxybenzoic Acid is a white crystalline, which is also referred to as Salicylic acid. It is an organic substance that is colourless and tastes harsh. It is mostly used in the production of fungicides, dyes, and perfumes as well as aspirin. It is a beta-hydroxy acid that serves as a plant hormone because it is derived from plants.
2-Hydroxybenzoic Acid is often used in anti-acne medicines because of its anti-inflammatory properties, which also work as a topical antibacterial agent and promote exfoliation.
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Salicylic acid and methanol combined with an acid catalyst yield methyl salicylate, a substance used as a flavouring ingredient. Sunburns, as well as other skin conditions including corn, warts, and calluses, can be treated using lotions containing phenyl salicylate, which is produced when phenol and acid are mixed.
The leading 2-Hydroxybenzoic Acid-producing globally are China, France, Germany, India, and the United States.
Key Details About the 2-Hydroxybenzoic Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 2-Hydroxybenzoic Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The 2-Hydroxybenzoic Acid price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting 2-Hydroxybenzoic Acid Price Trend:
The main industrial uses of 2-hydroxybenzoic acid, which have an impact on price patterns, include its use as a key raw material for medicines like aspirin, spices, and food preservatives.
It also functions as a colourant producer, a disinfection preservative, and a rubber vulcanisation retardant. When added to food, it serves as a preservative. Acetylsalicylic acid is produced with the help of 2-Hydroxybenzoic acid in the pharmaceutical sector (aspirin).
Due to its exfoliating, degreasing, anti-inflammatory, and pore-improving properties, it is also a common ingredient in skincare treatments for acne.
Key Market Players:
- Seqens International
- JM Loveridge Limited
- Zhenjiang Gaopeng Pharmaceutical Co., Ltd.
- Hebei Jingye Group
- Siddharth Carbochem Products Ltd
News and Events:
- December 2022: With an average incline of 0.42 percent, the prices of 2-Hydroxybenzoic Acid were valued at USD 3390/ton FOB shanghai in China.
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