The worldwide Salicylic Acid Market was valued at around USD 200 million in 2012. It is expected to grow at a CAGR exceeding 7% and reach close to USD 500 million by 2020. Salicylic acid is extracted from the winter green plans and willow black leaves.
Salicylic acid is antiseptic and anti-inflammatory qualities. It is used in the manufacturing of aspirin, skin & hair care products, and cosmetics industry.
