Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 204.56 Million | USD 394.94 Million | 6.8% | 2024 |
FrequentlyAsked Questions
Phenoxyethanol is a colourless & oily liquid and is used as a preservative in cosmetic products. Moreover, it also finds application as a stabilizer in soaps & perfumes. Phenoxyethanol is manufactured through a reaction of phenol and ethylene oxide at high temperatures & pressure.
The global phenoxyethanol preservatives market is expected to grow due to increasing consumer demand for paraben-free and clean-label cosmetic and personal care products, rising awareness of hygiene and product safety, and growing applications in the pharmaceutical and household product sectors.
According to a study, the global phenoxyethanol preservatives market size was worth around USD 204.56 Million in 2024 and is expected to reach USD 394.94 Million by 2034.
The global phenoxyethanol preservatives market is expected to grow at a CAGR of 6.8% during the forecast period.
North America is expected to dominate the phenoxyethanol preservatives market over the forecast period.
Leading players in the global phenoxyethanol preservatives market include DuPont, Dow, BASF SE, Clariant AG, Ashland Global Holdings Inc., Penta International Corporation, Galaxy Surfactants, Akema Fine Chemicals, among others.
The report explores crucial aspects of the phenoxyethanol preservatives market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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