p-Hydroxybenzoic Acid (PHBA) Market to Reach US$ 157 Million by 2031, Supported by Pharmaceutical, Cosmetic, and High-Performance Polymer Demand

Market Summary -
The global p-Hydroxybenzoic Acid (PHBA) market was estimated to be worth US$ 115 million in 2024 and is projected to reach a readjusted size of US$ 157 million by 2031, growing at a CAGR of 3.6% during the forecast period 2025-2031.

According to QY Research, the newly published report titled "p-Hydroxybenzoic Acid (PHBA) Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" provides a comprehensive, data-driven assessment of the global PHBA market. The report evaluates historical trends and future growth prospects, offering validated insights into market dynamics, competitive positioning, pricing patterns, and regional demand. It serves as a strategic resource for chemical manufacturers, pharmaceutical intermediates suppliers, and polymer material developers seeking long-term growth opportunities.

Get Full PDF Sample Copy of the Report (Including Full TOC, Tables & Charts):
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Industry Overview -
p-Hydroxybenzoic Acid (PHBA), also known as 4-hydroxybenzoic acid, is a white crystalline powder widely used as an intermediate in pharmaceuticals, cosmetics, and polymer manufacturing. It is a key raw material for the production of preservatives used in personal care and pharmaceutical formulations, as well as an essential monomer in liquid crystal polymers (LCPs), which are valued for their high thermal stability and mechanical strength.

The global PHBA market is witnessing steady expansion, driven largely by demand growth in Asia-Pacific, particularly in China and India, where chemical manufacturing capacity and pharmaceutical production continue to scale up. Increasing downstream consumption across cosmetics, drug synthesis, and advanced polymer materials is reinforcing stable market growth.

Market Drivers and Growth Outlook -
The PHBA market outlook remains positive due to several structural drivers:
► Expansion of pharmaceutical and cosmetic industries, increasing demand for high-quality preservative intermediates
► Rising production of liquid crystal polymers, supporting use in electronics, automotive, and high-performance materials
► Stricter environmental and safety regulations, encouraging demand for safer and more compliant chemical intermediates
► Growing interest in bio-based and specialty chemicals, opening new application avenues for PHBA derivatives
In particular, the polymer-grade PHBA segment is gaining attention as manufacturers invest in next-generation materials for electronics and industrial applications.

Challenges and Industry Constraints -
Despite its growth potential, the PHBA market faces several challenges:
► Raw material price volatility, as production remains largely petrochemical-based
► Tightening environmental and emission regulations, increasing compliance and operating costs
► Intensifying competition, especially in low- to mid-grade product segments
► Consumer concerns around paraben safety, particularly in Western cosmetic markets, influencing formulation choices

These factors are prompting manufacturers to optimize production efficiency, improve product purity, and explore alternative synthesis routes.

Market Segmentation -

By Type -
► Industrial Grade PHBA
► Polymer Grade PHBA

By Application -
► Cosmetics
► Pharmaceutical
► Liquid Crystal Polymer
► Others

The report provides detailed analysis of each segment, covering market size, growth potential, pricing trends, and competitive dynamics, helping stakeholders identify high-value opportunities.

Regional Analysis -
✔ North America (U.S., Canada, Mexico)
✔ Europe (Germany, France, UK, Italy, etc.)
✔ Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
✔ South America (Brazil, etc.)
✔ Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Asia Pacific remains the largest and fastest-growing regional market, supported by strong chemical production capacity and expanding pharmaceutical manufacturing.

Major Companies Profiled -
► Zhejiang Shengxiao
► Jiangsu Bvco
► Ueno Fine Chemicals
► San Fu Chemical
► LCP Leuna Carboxylation Plant
► 3E New Material
► Alta Laboratories

Reasons to Procure this Report -
► Access reliable global and regional PHBA market forecasts through 2031
► Understand demand trends across cosmetics, pharmaceuticals, and polymer industries
► Evaluate competitive positioning and market share of leading producers
► Identify regulatory, cost, and supply chain risks impacting market growth
► Support strategic planning for capacity expansion and product development

Key Questions Answered in the Report -
► What is the current and projected size of the global PHBA market?
► Which applications will drive future demand growth?
► How do environmental regulations impact PHBA production and pricing?
► Which regions and product grades offer the strongest growth potential?
► What competitive strategies are key players adopting?

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Table of Content:

1 Market Overview
1.1 p-Hydroxybenzoic Acid (PHBA) Product Introduction
1.2 Global p-Hydroxybenzoic Acid (PHBA) Market Size Forecast
1.2.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Value (2020-2031)
1.2.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume (2020-2031)
1.2.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Price (2020-2031)
1.3 p-Hydroxybenzoic Acid (PHBA) Market Trends & Drivers
1.3.1 p-Hydroxybenzoic Acid (PHBA) Industry Trends
1.3.2 p-Hydroxybenzoic Acid (PHBA) Market Drivers & Opportunity
1.3.3 p-Hydroxybenzoic Acid (PHBA) Market Challenges
1.3.4 p-Hydroxybenzoic Acid (PHBA) Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global p-Hydroxybenzoic Acid (PHBA) Players Revenue Ranking (2024)
2.2 Global p-Hydroxybenzoic Acid (PHBA) Revenue by Company (2020-2025)
2.3 Global p-Hydroxybenzoic Acid (PHBA) Players Sales Volume Ranking (2024)
2.4 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Company Players (2020-2025)
2.5 Global p-Hydroxybenzoic Acid (PHBA) Average Price by Company (2020-2025)
2.6 Key Manufacturers p-Hydroxybenzoic Acid (PHBA) Manufacturing Base and Headquarters
2.7 Key Manufacturers p-Hydroxybenzoic Acid (PHBA) Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of p-Hydroxybenzoic Acid (PHBA)
2.9 p-Hydroxybenzoic Acid (PHBA) Market Competitive Analysis
2.9.1 p-Hydroxybenzoic Acid (PHBA) Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by p-Hydroxybenzoic Acid (PHBA) Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in p-Hydroxybenzoic Acid (PHBA) as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Industrial Grade PHBA
3.1.2 Polymer Grade PHBA
3.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Type
3.2.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Value, by Type (2020-2031)
3.2.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Value, by Type (%) (2020-2031)
3.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Type
3.3.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume, by Type (2020-2031)
3.3.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume, by Type (%) (2020-2031)
3.4 Global p-Hydroxybenzoic Acid (PHBA) Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Cosmetics
4.1.2 Pharmaceutical
4.1.3 Liquid Crystal Polymer
4.1.4 Others
4.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Application
4.2.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Value, by Application (2020-2031)
4.2.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Value, by Application (%) (2020-2031)
4.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Application
4.3.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume, by Application (2020-2031)
4.3.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume, by Application (%) (2020-2031)
4.4 Global p-Hydroxybenzoic Acid (PHBA) Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Region
5.1.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Region (2020-2025)
5.1.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Region (2026-2031)
5.1.4 Global p-Hydroxybenzoic Acid (PHBA) Sales Value by Region (%), (2020-2031)
5.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Region
5.2.1 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Region (2020-2025)
5.2.3 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Region (2026-2031)
5.2.4 Global p-Hydroxybenzoic Acid (PHBA) Sales Volume by Region (%), (2020-2031)
5.3 Global p-Hydroxybenzoic Acid (PHBA) Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
5.4.2 North America p-Hydroxybenzoic Acid (PHBA) Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
5.5.2 Europe p-Hydroxybenzoic Acid (PHBA) Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
5.6.2 Asia Pacific p-Hydroxybenzoic Acid (PHBA) Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
5.7.2 South America p-Hydroxybenzoic Acid (PHBA) Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
5.8.2 Middle East & Africa p-Hydroxybenzoic Acid (PHBA) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions p-Hydroxybenzoic Acid (PHBA) Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions p-Hydroxybenzoic Acid (PHBA) Sales Value and Sales Volume
6.2.1 Key Countries/Regions p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.2.2 Key Countries/Regions p-Hydroxybenzoic Acid (PHBA) Sales Volume, 2020-2031
6.3 United States
6.3.1 United States p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.3.2 United States p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (%), 2024 VS 2031
6.3.3 United States p-Hydroxybenzoic Acid (PHBA) Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.4.2 Europe p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe p-Hydroxybenzoic Acid (PHBA) Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.5.2 China p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (%), 2024 VS 2031
6.5.3 China p-Hydroxybenzoic Acid (PHBA) Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.6.2 Japan p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan p-Hydroxybenzoic Acid (PHBA) Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.7.2 South Korea p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea p-Hydroxybenzoic Acid (PHBA) Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.8.2 Southeast Asia p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia p-Hydroxybenzoic Acid (PHBA) Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India p-Hydroxybenzoic Acid (PHBA) Sales Value, 2020-2031
6.9.2 India p-Hydroxybenzoic Acid (PHBA) Sales Value by Type (%), 2024 VS 2031
6.9.3 India p-Hydroxybenzoic Acid (PHBA) Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Zhejiang Shengxiao
7.1.1 Zhejiang Shengxiao Company Information
7.1.2 Zhejiang Shengxiao Introduction and Business Overview
7.1.3 Zhejiang Shengxiao p-Hydroxybenzoic Acid (PHBA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Zhejiang Shengxiao p-Hydroxybenzoic Acid (PHBA) Product Offerings
7.1.5 Zhejiang Shengxiao Recent Development
7.2 Jiangsu Bvco
7.2.1 Jiangsu Bvco Company Information
7.2.2 Jiangsu Bvco Introduction and Business Overview
7.2.3 Jiangsu Bvco p-Hydroxybenzoic Acid (PHBA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Jiangsu Bvco p-Hydroxybenzoic Acid (PHBA) Product Offerings
7.2.5 Jiangsu Bvco Recent Development
7.3 Ueno Fine Chemicals
7.3.1 Ueno Fine Chemicals Company Information
7.3.2 Ueno Fine Chemicals Introduction and Business Overview
7.3.3 Ueno Fine Chemicals p-Hydroxybenzoic Acid (PHBA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Ueno Fine Chemicals p-Hydroxybenzoic Acid (PHBA) Product Offerings
7.3.5 Ueno Fine Chemicals Recent Development
7.4 San Fu Chemical
7.4.1 San Fu Chemical Company Information
7.4.2 San Fu Chemical Introduction and Business Overview
7.4.3 San Fu Chemical p-Hydroxybenzoic Acid (PHBA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 San Fu Chemical p-Hydroxybenzoic Acid (PHBA) Product Offerings
7.4.5 San Fu Chemical Recent Development
7.5 LCP Leuna Carboxylation Plant
7.5.1 LCP Leuna Carboxylation Plant Company Information
7.5.2 LCP Leuna Carboxylation Plant Introduction and Business Overview
7.5.3 LCP Leuna Carboxylation Plant p-Hydroxybenzoic Acid (PHBA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 LCP Leuna Carboxylation Plant p-Hydroxybenzoic Acid (PHBA) Product Offerings
7.5.5 LCP Leuna Carboxylation Plant Recent Development
7.6 3E NEW MATERIAL
7.6.1 3E NEW MATERIAL Company Information
7.6.2 3E NEW MATERIAL Introduction and Business Overview
7.6.3 3E NEW MATERIAL p-Hydroxybenzoic Acid (PHBA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 3E NEW MATERIAL p-Hydroxybenzoic Acid (PHBA) Product Offerings
7.6.5 3E NEW MATERIAL Recent Development
7.7 Alta Laboratories
7.7.1 Alta Laboratories Company Information
7.7.2 Alta Laboratories Introduction and Business Overview
7.7.3 Alta Laboratories p-Hydroxybenzoic Acid (PHBA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Alta Laboratories p-Hydroxybenzoic Acid (PHBA) Product Offerings
7.7.5 Alta Laboratories Recent Development
8 Industry Chain Analysis
8.1 p-Hydroxybenzoic Acid (PHBA) Industrial Chain
8.2 p-Hydroxybenzoic Acid (PHBA) Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 p-Hydroxybenzoic Acid (PHBA) Sales Model
8.5.2 Sales Channel
8.5.3 p-Hydroxybenzoic Acid (PHBA) Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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