Prakhar Panchbhaiya
Assistant Manager: Business Insights and Content
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Methyl Salicylate Price Trend Analysis 2026: Market Insights, Latest News, Supply Demand Analysis, Historical Prices & Price Drivers
Written ByPrakhar Panchbhaiya
Methyl Salicylate Price Trend H2 2023
Methyl salicylate prices were observed to be fluctuating continuously during the second half of the year 2023. Methyl salicylate often closely observes the market behavior of its feedstock materials, methanol and salicylic acid, and this time around, too, the prices were found to be in close alliance with the raw material costs.
The beginning of quarter three was humble as the inventories were still stocked with excess products, which forced suppliers to cut down the prices in order to promote product movement in the market. However, as the stocks started depleting, the price graph started rising again. This situation went on for some time till the middle of the fourth quarter. After that, the global trade depreciation started affecting all industries, and the lackluster demand in the international market again pushed down the methyl salicylate prices. Overall, mixed market sentiments were witnessed.
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Methyl Salicylate is a chemical compound extensively used in food, pharma, chemical, and hygiene sectors. So, the downstream demands from these industries influence the market trend for Methyl Salicylate substantially. Methyl Salicylate is produced using methanol and salicylic acid, so the price trend of these feedstock chemicals also determine the Methyl Salicylate price trend.
In the discussed period, the Methyl Salicylate market experienced mixed price trend as the market started strong at the beginning of H1 2023 because of fresh demands from the consuming sectors. But gradually, by the middle of Q2, the prices moved southward as the inventories had leveled up by that time.
About Methyl Salicylate
Methyl Salicylate, better known as the oil of wintergreen or wintergreen oil, is an organic ester that is naturally produced by several species of plants, particularly wintergreens. It is a viscous colourless liquid releasing sweet fruity odour reminiscent of root beer. It has minty taste and aroma and thus, it is often used to prepare mint candies. It can be produced synthetically and is utilised as a flavouring and fragrance ingredient in foods, beverages, and many other products.
Methyl Salicylate Product Detail
Chemical Formula
C8H8O3 or C6H4(OH)(CO2CH3)
Cas Number
119-36-8
Molecular Weight
152.149 g/mol
Industrial Uses
Odour agents, Flavouring ingredient , Plasticisers , Antiseptic , Home and personal care products, Food and beverages, Insecticides and pesticides , Solvent for inks
Synonyms
Methyl 2-hydroxybenzoate, Oil of Wintergreen, Betula Oil
Supplier Database
Berjé Inc, Fleurchem, Inc. , Seqens SAS, Mollhausen S.A.S, Zhenjiang Gaopeng Pharmaceutical Co. Ltd.
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Methyl Salicylate Production Processes
- Production of Methyl Salicylate via Esterification of Salicylic Acid and Methanol; and via Steam Distillation
In order to produce Methyl Salicylate, the process of esterification is utilised. In this process, salicylic acid and methanol are esterified to produce Methyl Salicylate as the result.
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