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Phenoxyethanol Market Trends & Forecast 2024
The global phenoxyethanol market is forecasted to achieve robust growth, with its market value projected to reach USD 1,743 million in 2024 and anticipated to expand to USD 2,365 million by 2034, reflecting a CAGR of 4.1% from 2024 to 2034. The rise in demand for paraben-free and clean-label personal care products is one of the primary drivers of market growth. Phenoxyethanol is widely used as a preservative, antibacterial, and antifungal agent in personal care, cosmetics, and pharmaceuticals.
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3401
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Food and Beverage
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