The global phenoxyethanol market size accounted for USD 1,747 million in 2024 and is predicted to touch around USD 2,394 million by 2034, growing at a CAGR of 3.2% from 2024 to 2034.
The phenoxyethanol market is the industry that deals with phenoxyethanol-containing products. Which is a transparent, colorless, and greasy liquid found in formulations like skin creams and sunscreen. The reaction between phenol and ethylene oxide at high temperature and pressure produces phenoxyethanol. It has an intermediate water solubility and a minimal evaporation rate. Phenoxyethanol does not react with copper or lead. The ongoing expansion of the cosmetics industry is the key factor driving the market growth.
Advancements in products with the incorporation of natural alternatives are expected to offer new opportunities for the market players leading in the market. Additionally, increasing demand for phenoxyethanol as a preservative from the personal and home care industry due to increased hygiene awareness and changes in urban lifestyle boosts the market growth shortly. Increasing consumer awareness regarding the use of sustainable and eco-friendly alternatives in preservatives will impact positive phenoxyethanol market growth.
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| Stats ID: | 7684 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7684 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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