Hexyl Salicylate Price Trend and Forecast

Hexyl Salicylate Regional Price Overview

Get the latest insights on price movement and trend analysis of Hexyl Salicylate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Hexyl Salicylate Price Trend for the First Half of 2025

Asia

In the first half of 2025, Hexyl Salicylate prices in Asia remained mostly stable, with a slight downward trend in some markets. Weak demand from end-use sectors like cosmetics and personal care limited any chance of strong price recovery. The usual seasonal restocking around the Lunar New Year was brief and underwhelming, reflecting the lack of confidence in downstream demand.
 

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Manufacturers in China adjusted their production output to avoid oversupply, especially as industrial activity in related segments such as pharmaceuticals and adhesives remained slow. In South Korea and India, the situation was similar although some minor support from oil-related demand was seen, the impact on Hexyl Salicylate remained limited. Overall, ample availability and cautious buying behaviour kept prices under pressure across the region.

Europe

In Europe, Hexyl Salicylate prices showed minor fluctuations during the first half of the year. Early in the year, costs increased slightly due to higher expenses associated with energy and raw materials. However, sluggish demand from the fragrance and cosmetics sectors limited further gains. The construction industry, which indirectly supports demand through coatings and adhesives, faced several challenges, including high operational costs and labor shortages. Additionally, logistical delays at major ports caused some supply disruptions, but these weren’t strong enough to significantly push up prices. Buyers largely stuck to short-term contracts, avoiding bulk purchases amid uncertainty, which kept market sentiment weak.

North America

North America saw a downward trend in Hexyl Salicylate prices throughout H1’25. Lower costs from upstream chemicals, driven by an increase in refining activity and supply, contributed to the decline. Demand remained underwhelming, particularly from the beauty and personal care industry, which is a key consumer of Hexyl Salicylate. Ongoing trade tensions and industrial slowdown further dampened market activity. With inventories staying high and buyers showing no urgency, the market leaned towards oversupply, keeping prices soft.

Analyst Insight

According to Procurement Resource, Hexyl Salicylate prices are expected to remain stable or decline slightly in the coming months, influenced by weak global demand and ongoing trade and supply chain challenges.
 

Hexyl Salicylate Price Trend for the Year 2024

Asia

In 2024, the Hexyl Salicylate market in Asia experienced a mix of trends across the year. During the first half, prices stayed relatively steady, supported by consistent demand from the personal care and fragrance industries. The improving economic activity in the region, especially after the Lunar New Year, helped maintain balanced supply and demand. However, things changed in the second half of the year.

Oversupply became a major concern across the chemical sector, and this likely extended to Hexyl Salicylate as well. High production levels from large manufacturers in the region added pressure on prices, while slower construction and consumer demand further weakened market sentiment. The fragrance and cosmetic sectors, although stable, weren’t strong enough to offset the general market slowdown.

Europe

The European market for Hexyl Salicylate followed a similar pattern to Asia. The first half of the year saw modest demand, especially from the personal care and specialty chemicals industries. However, uncertainties in the chemical sector due to fluctuating energy costs and geopolitical tensions kept market confidence low. As the year moved into the second half, prices started declining more noticeably.

High supply levels and lower production costs affected the broader fragrance ingredients market. Additionally, rising competition from lower-cost imports and weaker demand from the beauty and home care industries contributed to the overall downtrend. Temporary production halts in summer provided slight relief, but it wasn’t enough to reverse the bearish trend.

North America

In North America, the first half of 2024 saw a relatively flat market for Hexyl Salicylate. The fragrance and personal care sectors showed stable demand, helping maintain price levels. However, by the second half of the year, the market was hit by several challenges. Weather-related disruptions and labor strikes affected supply chains, while demand from consumer goods slowed down.

Producers struggled to pass on any cost increases, and even with attempts to raise prices, market conditions remained weak. The impact of overall economic uncertainty and cautious consumer spending contributed to the negative trend.

Analyst Insight

According to Procurement Resource, Hexyl Salicylate prices are expected to remain under pressure until global demand improves and supply balances out across key regions.
 

Hexyl Salicylate Price Trend for the Second Half of 2023

Hexyl salicylate, an ester commonly used in the fragrance industry, is primarily propelled by the cosmetics, personal care, and fragrance sectors, where it serves as a key ingredient for imparting floral and fruity scents to various products. Additionally, hexyl salicylate finds applications in sunscreen lotions and other skincare formulations due to its UV absorption properties. As consumer preferences evolve towards natural and long-lasting fragrances, the demand for hexyl salicylate continues to grow steadily in the global market.

In Asia, particularly in India, the sluggish beginnings of the H2 of 2023 were caused by the surplus inventories. However, soon, these feeble dynamics transitioned into a robust rebound fueled by increased market demand. European market trends of hexyl salicylate, on the other hand, were characterized by fluctuation, influenced by oscillations in the cost of feedstock hexanol and salicylic acid. Similarly, North America witnessed modest price fluctuations, predominantly leaning toward the positive side.

The market's favorable outlook came in the form of quickly exhausting inventories and slowly rising demand for hexyl salicylate. The derivatives of hexyl salicylate are popularly known for their antimicrobial and antifungal properties, garnering heightened interest from the personal care and cosmetic industries globally.

Analyst Insight

According to Procurement Resource, the price trend of Hexyl Salicylate is estimated to showcase stability on the back of the stable cost of feedstock materials and a rise in the momentum of downstream industries in the upcoming quarters.
 

Hexyl Salicylate Price Trend for the First Half of 2023

The price trend for Hexyl Salicylate exhibited mixed behaviour in the said period of H1 2023. Prices followed the feedstock market of Hexanol and Salicylic Acid.

Hexyl Salicylate saw an upturn in the Chinese market as the market gained momentum in the post-lockdown era. Fresh demands arrived as people got more aware of air quality and cleanliness because of the pandemic. So, the market offtakes rose from downstream air quality industries. Given the occasional disturbances, prices observed high swinging patterns.

Similarly, the European and American markets thawed a little after a jerky disruption because of the Russia – Ukraine conflict in the European backyard. As the supply chains started restoring and energy routes also restructured, some progress towards stability was experienced. Overall, the Hexyl Salicylate market stayed steady, following the Chinese market, as the cheaper Asian imports enjoyed better access now.

Analyst insight

According to Procurement Resource, the price trend for Hexyl Salicylate will likely remain unsettled in the coming quarter, given the current pricing fundamentals. The uncertain demands will continue to drive the Hexyl Salicylate market.

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