P-Hydroxybenzoic Acid Market Poised to Reach $143 Million by 2030, Fueled by Expanding Use in Pharmaceuticals and Polymers

LOS ANGELES, United States: The global P-hydroxybenzoic Acid market is expected to grow at a significant pace, reports QY Research. Its latest research report, titled "Global P-hydroxybenzoic Acid Market Research Report 2024". offers a unique point of view about the global market. Analysts believe that the changing consumption patterns are expected to have a great influence on the overall market. For a brief overview of the global P-hydroxybenzoic Acid market, the research report provides an executive summary. It explains the various factors that form an important element of the market. It includes the definition and the scope of the market with a detailed explanation of the market drivers, opportunities, restraints, and threats.

The global P-hydroxybenzoic Acid market was valued at US$ 112 million in 2023 and is anticipated to reach US$ 143 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.

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Key Players Mentioned in the Global P-hydroxybenzoic Acid Market Research Report: Zhejiang Shengxiao, Jiangsu Bvco, Ueno Fine Chemicals, San Fu Chemical, LCP Leuna Carboxylation Plant, 3E NEW MATERIAL, Alta Laboratories

Currently, global production of 4-hydroxybenzoic acid is highly concentrated as there are only a few manufacturers engaged in the industry. The largest manufacturer is Zhejiang Shengxiao. The top three manufacturers own more than 60% sales market share globally.

One of the largest uses of p-hydroxybenzoic acid is in the production of liquid crystal polymers (LCPs), which are used in high-performance materials for electronics, automotive components, and other precision equipment. The electronics industry, driven by the rapid growth of smartphones, laptops, and other advanced devices, has significantly increased the demand for LCPs due to their excellent thermal stability, high strength, and electrical insulation properties. As LCPs are increasingly used in miniaturized components for 5G networks, automotive electronics, and other advanced technologies, the demand for p-hydroxybenzoic acid as a key raw material is expected to grow in tandem.

Market Segmentation

Global P-hydroxybenzoic Acid Market, Segment by Type

Industrial Grade

LCP Grade

Global P-hydroxybenzoic Acid Market, Segment by Application

Cosmetics

Pharmaceutical

Liquid Crystal Polymer

Other

In addition, p-hydroxybenzoic acid derivatives, particularly parabens, are widely used as preservatives in personal care and cosmetics products, such as lotions, shampoos, creams, and makeup. With the increasing global demand for cosmetics and personal care products, particularly in emerging markets like Asia-Pacific, Latin America, and the Middle East, p-hydroxybenzoic acid's role in ensuring product safety and shelf stability has become more critical. As the beauty and personal care industry continues to grow, especially with the rise of online retail and consumer interest in long-lasting products, p-hydroxybenzoic acid demand is expected to remain strong.

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Table of Content

1 P-hydroxybenzoic Acid Market Overview
1.1 Product Definition
1.2 P-hydroxybenzoic Acid by Type
1.2.1 Global P-hydroxybenzoic Acid Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Industrial Grade
1.2.3 LCP Grade
1.3 P-hydroxybenzoic Acid by Application
1.3.1 Global P-hydroxybenzoic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Cosmetics
1.3.3 Pharmaceutical
1.3.4 Liquid Crystal Polymer
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global P-hydroxybenzoic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global P-hydroxybenzoic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global P-hydroxybenzoic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global P-hydroxybenzoic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
2.1 Global P-hydroxybenzoic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global P-hydroxybenzoic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of P-hydroxybenzoic Acid, Industry Ranking, 2022 VS 2023
2.4 Global P-hydroxybenzoic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global P-hydroxybenzoic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of P-hydroxybenzoic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of P-hydroxybenzoic Acid, Product Offered and Application
2.8 Global Key Manufacturers of P-hydroxybenzoic Acid, Date of Enter into This Industry
2.9 P-hydroxybenzoic Acid Market Competitive Situation and Trends
2.9.1 P-hydroxybenzoic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest P-hydroxybenzoic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion

3 P-hydroxybenzoic Acid Production by Region
3.1 Global P-hydroxybenzoic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global P-hydroxybenzoic Acid Production Value by Region (2019-2030)
3.2.1 Global P-hydroxybenzoic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of P-hydroxybenzoic Acid by Region (2025-2030)
3.3 Global P-hydroxybenzoic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global P-hydroxybenzoic Acid Production by Region (2019-2030)
3.4.1 Global P-hydroxybenzoic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of P-hydroxybenzoic Acid by Region (2025-2030)
3.5 Global P-hydroxybenzoic Acid Market Price Analysis by Region (2019-2024)
3.6 Global P-hydroxybenzoic Acid Production and Value, Year-over-Year Growth
3.6.1 India P-hydroxybenzoic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe P-hydroxybenzoic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China P-hydroxybenzoic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan P-hydroxybenzoic Acid Production Value Estimates and Forecasts (2019-2030)

4 P-hydroxybenzoic Acid Consumption by Region
4.1 Global P-hydroxybenzoic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global P-hydroxybenzoic Acid Consumption by Region (2019-2030)
4.2.1 Global P-hydroxybenzoic Acid Consumption by Region (2019-2030)
4.2.2 Global P-hydroxybenzoic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America P-hydroxybenzoic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America P-hydroxybenzoic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe P-hydroxybenzoic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe P-hydroxybenzoic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific P-hydroxybenzoic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific P-hydroxybenzoic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa P-hydroxybenzoic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa P-hydroxybenzoic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries

5 Segment by Type
5.1 Global P-hydroxybenzoic Acid Production by Type (2019-2030)
5.1.1 Global P-hydroxybenzoic Acid Production by Type (2019-2024)
5.1.2 Global P-hydroxybenzoic Acid Production by Type (2025-2030)
5.1.3 Global P-hydroxybenzoic Acid Production Market Share by Type (2019-2030)
5.2 Global P-hydroxybenzoic Acid Production Value by Type (2019-2030)
5.2.1 Global P-hydroxybenzoic Acid Production Value by Type (2019-2024)
5.2.2 Global P-hydroxybenzoic Acid Production Value by Type (2025-2030)
5.2.3 Global P-hydroxybenzoic Acid Production Value Market Share by Type (2019-2030)
5.3 Global P-hydroxybenzoic Acid Price by Type (2019-2030)

6 Segment by Application
6.1 Global P-hydroxybenzoic Acid Production by Application (2019-2030)
6.1.1 Global P-hydroxybenzoic Acid Production by Application (2019-2024)
6.1.2 Global P-hydroxybenzoic Acid Production by Application (2025-2030)
6.1.3 Global P-hydroxybenzoic Acid Production Market Share by Application (2019-2030)
6.2 Global P-hydroxybenzoic Acid Production Value by Application (2019-2030)
6.2.1 Global P-hydroxybenzoic Acid Production Value by Application (2019-2024)
6.2.2 Global P-hydroxybenzoic Acid Production Value by Application (2025-2030)
6.2.3 Global P-hydroxybenzoic Acid Production Value Market Share by Application (2019-2030)
6.3 Global P-hydroxybenzoic Acid Price by Application (2019-2030)

7 Key Companies Profiled
7.1 Zhejiang Shengxiao
7.1.1 Zhejiang Shengxiao P-hydroxybenzoic Acid Company Information
7.1.2 Zhejiang Shengxiao P-hydroxybenzoic Acid Product Portfolio
7.1.3 Zhejiang Shengxiao P-hydroxybenzoic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Zhejiang Shengxiao Main Business and Markets Served
7.1.5 Zhejiang Shengxiao Recent Developments/Updates
7.2 Jiangsu Bvco
7.2.1 Jiangsu Bvco P-hydroxybenzoic Acid Company Information
7.2.2 Jiangsu Bvco P-hydroxybenzoic Acid Product Portfolio
7.2.3 Jiangsu Bvco P-hydroxybenzoic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Jiangsu Bvco Main Business and Markets Served
7.2.5 Jiangsu Bvco Recent Developments/Updates
7.3 Ueno Fine Chemicals
7.3.1 Ueno Fine Chemicals P-hydroxybenzoic Acid Company Information
7.3.2 Ueno Fine Chemicals P-hydroxybenzoic Acid Product Portfolio
7.3.3 Ueno Fine Chemicals P-hydroxybenzoic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ueno Fine Chemicals Main Business and Markets Served
7.3.5 Ueno Fine Chemicals Recent Developments/Updates
7.4 San Fu Chemical
7.4.1 San Fu Chemical P-hydroxybenzoic Acid Company Information
7.4.2 San Fu Chemical P-hydroxybenzoic Acid Product Portfolio
7.4.3 San Fu Chemical P-hydroxybenzoic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 San Fu Chemical Main Business and Markets Served
7.4.5 San Fu Chemical Recent Developments/Updates
7.5 LCP Leuna Carboxylation Plant
7.5.1 LCP Leuna Carboxylation Plant P-hydroxybenzoic Acid Company Information
7.5.2 LCP Leuna Carboxylation Plant P-hydroxybenzoic Acid Product Portfolio
7.5.3 LCP Leuna Carboxylation Plant P-hydroxybenzoic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 LCP Leuna Carboxylation Plant Main Business and Markets Served
7.5.5 LCP Leuna Carboxylation Plant Recent Developments/Updates
7.6 3E NEW MATERIAL
7.6.1 3E NEW MATERIAL P-hydroxybenzoic Acid Company Information
7.6.2 3E NEW MATERIAL P-hydroxybenzoic Acid Product Portfolio
7.6.3 3E NEW MATERIAL P-hydroxybenzoic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 3E NEW MATERIAL Main Business and Markets Served
7.6.5 3E NEW MATERIAL Recent Developments/Updates
7.7 Alta Laboratories
7.7.1 Alta Laboratories P-hydroxybenzoic Acid Company Information
7.7.2 Alta Laboratories P-hydroxybenzoic Acid Product Portfolio
7.7.3 Alta Laboratories P-hydroxybenzoic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Alta Laboratories Main Business and Markets Served
7.7.5 Alta Laboratories Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
8.1 P-hydroxybenzoic Acid Industry Chain Analysis
8.2 P-hydroxybenzoic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 P-hydroxybenzoic Acid Production Mode & Process
8.4 P-hydroxybenzoic Acid Sales and Marketing
8.4.1 P-hydroxybenzoic Acid Sales Channels
8.4.2 P-hydroxybenzoic Acid Distributors
8.5 P-hydroxybenzoic Acid Customers

9 P-hydroxybenzoic Acid Market Dynamics
9.1 P-hydroxybenzoic Acid Industry Trends
9.2 P-hydroxybenzoic Acid Market Drivers
9.3 P-hydroxybenzoic Acid Market Challenges
9.4 P-hydroxybenzoic Acid Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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