p-Hydroxybenzoic Acid (PHBA) Market Size(US$)

CAGR 2025-2031
3.6%
Market Size,2031
USD 157
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for p-Hydroxybenzoic Acid (PHBA) was valued at US$ 115 million in the year 2024 and is projected to reach a revised size of US$ 157 million by 2031, growing at a CAGR of 3.6% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on p-Hydroxybenzoic Acid (PHBA) competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
p-Hydroxybenzoic Acid (PHBA), also called 4-hydroxybenzoic acid, is white powdery crystal. It is widely used in the production of preservative for cosmetic and pharmaceuticals. Also, it is the raw materials of liquid crystal polymer.
The global PHBA market is experiencing steady growth, driven primarily by demand from Asia, especially China and India, due to their expanding chemical and pharmaceutical sectors. Major applications include:
Pharmaceuticals (as an intermediate for antibiotics and other drugs)
Cosmetics and personal care (as a raw material for preservatives)
Polymer industry (for producing high-performance materials like liquid crystal polyesters)
The market outlook for PHBA is promising, driven by:
Expansion in downstream applications, especially in high-performance polymers and bio-based materials.
Stricter environmental regulations leading to increasing demand for safer and natural preservatives.
Despite its potential, the PHBA industry faces several challenges:
Raw material price volatility, as it is still largely petrochemical-based.
Stricter environmental and emission regulations, leading to higher compliance costs.
Intensified market competition, especially in low- to mid-end product segments.
Concerns over paraben safety among consumers, particularly in Western cosmetics markets.
Report Scope
This report aims to provide a comprehensive presentation of the global market for p-Hydroxybenzoic Acid (PHBA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding p-Hydroxybenzoic Acid (PHBA).
The p-Hydroxybenzoic Acid (PHBA) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global p-Hydroxybenzoic Acid (PHBA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the p-Hydroxybenzoic Acid (PHBA) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Zhejiang Shengxiao
Jiangsu Bvco
Ueno Fine Chemicals
San Fu Chemical
LCP Leuna Carboxylation Plant
3E NEW MATERIAL
Alta Laboratories
Segment by Type
Industrial Grade PHBA
Polymer Grade PHBA
Segment by Application
Cosmetics
Pharmaceutical
Liquid Crystal Polymer
Others
Production by Region
Europe
China
Japan
India
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of p-Hydroxybenzoic Acid (PHBA) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of p-Hydroxybenzoic Acid (PHBA) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of p-Hydroxybenzoic Acid (PHBA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYResearch's Strengths
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Table of Contents
1 p-Hydroxybenzoic Acid (PHBA) Market Overview
1.1 Product Definition
1.2 p-Hydroxybenzoic Acid (PHBA) by Type
1.2.1 Global p-Hydroxybenzoic Acid (PHBA) Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Industrial Grade PHBA
1.2.3 Polymer Grade PHBA
1.3 p-Hydroxybenzoic Acid (PHBA) by Application
1.3.1 Global p-Hydroxybenzoic Acid (PHBA) Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Cosmetics
1.3.3 Pharmaceutical
1.3.4 Liquid Crystal Polymer
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global p-Hydroxybenzoic Acid (PHBA) Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global p-Hydroxybenzoic Acid (PHBA) Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global p-Hydroxybenzoic Acid (PHBA) Production Estimates and Forecasts (2020-2031)
1.4.4 Global p-Hydroxybenzoic Acid (PHBA) Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global p-Hydroxybenzoic Acid (PHBA) Production Market Share by Manufacturers (2020-2025)
2.2 Global p-Hydroxybenzoic Acid (PHBA) Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of p-Hydroxybenzoic Acid (PHBA), Industry Ranking, 2023 VS 2024
2.4 Global p-Hydroxybenzoic Acid (PHBA) Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global p-Hydroxybenzoic Acid (PHBA) Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of p-Hydroxybenzoic Acid (PHBA), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of p-Hydroxybenzoic Acid (PHBA), Product Offered and Application
2.8 Global Key Manufacturers of p-Hydroxybenzoic Acid (PHBA), Date of Enter into This Industry
2.9 p-Hydroxybenzoic Acid (PHBA) Market Competitive Situation and Trends
2.9.1 p-Hydroxybenzoic Acid (PHBA) Market Concentration Rate
2.9.2 Global 5 and 10 Largest p-Hydroxybenzoic Acid (PHBA) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 p-Hydroxybenzoic Acid (PHBA) Production by Region
3.1 Global p-Hydroxybenzoic Acid (PHBA) Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Region (2020-2031)
3.2.1 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of p-Hydroxybenzoic Acid (PHBA) by Region (2026-2031)
3.3 Global p-Hydroxybenzoic Acid (PHBA) Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global p-Hydroxybenzoic Acid (PHBA) Production Volume by Region (2020-2031)
3.4.1 Global p-Hydroxybenzoic Acid (PHBA) Production by Region (2020-2025)
3.4.2 Global Forecasted Production of p-Hydroxybenzoic Acid (PHBA) by Region (2026-2031)
3.5 Global p-Hydroxybenzoic Acid (PHBA) Market Price Analysis by Region (2020-2025)
3.6 Global p-Hydroxybenzoic Acid (PHBA) Production and Value, Year-over-Year Growth
3.6.1 Europe p-Hydroxybenzoic Acid (PHBA) Production Value Estimates and Forecasts (2020-2031)
3.6.2 China p-Hydroxybenzoic Acid (PHBA) Production Value Estimates and Forecasts (2020-2031)
3.6.3 Japan p-Hydroxybenzoic Acid (PHBA) Production Value Estimates and Forecasts (2020-2031)
3.6.4 India p-Hydroxybenzoic Acid (PHBA) Production Value Estimates and Forecasts (2020-2031)
4 p-Hydroxybenzoic Acid (PHBA) Consumption by Region
4.1 Global p-Hydroxybenzoic Acid (PHBA) Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global p-Hydroxybenzoic Acid (PHBA) Consumption by Region (2020-2031)
4.2.1 Global p-Hydroxybenzoic Acid (PHBA) Consumption by Region (2020-2025)
4.2.2 Global p-Hydroxybenzoic Acid (PHBA) Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America p-Hydroxybenzoic Acid (PHBA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America p-Hydroxybenzoic Acid (PHBA) Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe p-Hydroxybenzoic Acid (PHBA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe p-Hydroxybenzoic Acid (PHBA) Consumption by Country (2020-2031)
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 (PHBA) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific p-Hydroxybenzoic Acid (PHBA) Consumption by Region (2020-2031)
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 (PHBA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa p-Hydroxybenzoic Acid (PHBA) Consumption by Country (2020-2031)
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 (PHBA) Production by Type (2020-2031)
5.1.1 Global p-Hydroxybenzoic Acid (PHBA) Production by Type (2020-2025)
5.1.2 Global p-Hydroxybenzoic Acid (PHBA) Production by Type (2026-2031)
5.1.3 Global p-Hydroxybenzoic Acid (PHBA) Production Market Share by Type (2020-2031)
5.2 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Type (2020-2031)
5.2.1 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Type (2020-2025)
5.2.2 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Type (2026-2031)
5.2.3 Global p-Hydroxybenzoic Acid (PHBA) Production Value Market Share by Type (2020-2031)
5.3 Global p-Hydroxybenzoic Acid (PHBA) Price by Type (2020-2031)
6 Segment by Application
6.1 Global p-Hydroxybenzoic Acid (PHBA) Production by Application (2020-2031)
6.1.1 Global p-Hydroxybenzoic Acid (PHBA) Production by Application (2020-2025)
6.1.2 Global p-Hydroxybenzoic Acid (PHBA) Production by Application (2026-2031)
6.1.3 Global p-Hydroxybenzoic Acid (PHBA) Production Market Share by Application (2020-2031)
6.2 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Application (2020-2031)
6.2.1 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Application (2020-2025)
6.2.2 Global p-Hydroxybenzoic Acid (PHBA) Production Value by Application (2026-2031)
6.2.3 Global p-Hydroxybenzoic Acid (PHBA) Production Value Market Share by Application (2020-2031)
6.3 Global p-Hydroxybenzoic Acid (PHBA) Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Zhejiang Shengxiao
7.1.1 Zhejiang Shengxiao p-Hydroxybenzoic Acid (PHBA) Company Information
7.1.2 Zhejiang Shengxiao p-Hydroxybenzoic Acid (PHBA) Product Portfolio
7.1.3 Zhejiang Shengxiao p-Hydroxybenzoic Acid (PHBA) Production, Value, Price and Gross Margin (2020-2025)
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 (PHBA) Company Information
7.2.2 Jiangsu Bvco p-Hydroxybenzoic Acid (PHBA) Product Portfolio
7.2.3 Jiangsu Bvco p-Hydroxybenzoic Acid (PHBA) Production, Value, Price and Gross Margin (2020-2025)
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 (PHBA) Company Information
7.3.2 Ueno Fine Chemicals p-Hydroxybenzoic Acid (PHBA) Product Portfolio
7.3.3 Ueno Fine Chemicals p-Hydroxybenzoic Acid (PHBA) Production, Value, Price and Gross Margin (2020-2025)
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 (PHBA) Company Information
7.4.2 San Fu Chemical p-Hydroxybenzoic Acid (PHBA) Product Portfolio
7.4.3 San Fu Chemical p-Hydroxybenzoic Acid (PHBA) Production, Value, Price and Gross Margin (2020-2025)
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 (PHBA) Company Information
7.5.2 LCP Leuna Carboxylation Plant p-Hydroxybenzoic Acid (PHBA) Product Portfolio
7.5.3 LCP Leuna Carboxylation Plant p-Hydroxybenzoic Acid (PHBA) Production, Value, Price and Gross Margin (2020-2025)
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 (PHBA) Company Information
7.6.2 3E NEW MATERIAL p-Hydroxybenzoic Acid (PHBA) Product Portfolio
7.6.3 3E NEW MATERIAL p-Hydroxybenzoic Acid (PHBA) Production, Value, Price and Gross Margin (2020-2025)
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 (PHBA) Company Information
7.7.2 Alta Laboratories p-Hydroxybenzoic Acid (PHBA) Product Portfolio
7.7.3 Alta Laboratories p-Hydroxybenzoic Acid (PHBA) Production, Value, Price and Gross Margin (2020-2025)
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 (PHBA) Industry Chain Analysis
8.2 p-Hydroxybenzoic Acid (PHBA) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 p-Hydroxybenzoic Acid (PHBA) Production Mode & Process Analysis
8.4 p-Hydroxybenzoic Acid (PHBA) Sales and Marketing
8.4.1 p-Hydroxybenzoic Acid (PHBA) Sales Channels
8.4.2 p-Hydroxybenzoic Acid (PHBA) Distributors
8.5 p-Hydroxybenzoic Acid (PHBA) Customer Analysis
9 p-Hydroxybenzoic Acid (PHBA) Market Dynamics
9.1 p-Hydroxybenzoic Acid (PHBA) Industry Trends
9.2 p-Hydroxybenzoic Acid (PHBA) Market Drivers
9.3 p-Hydroxybenzoic Acid (PHBA) Market Challenges
9.4 p-Hydroxybenzoic Acid (PHBA) 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
Table of Figures
List of Tables
List of Figures
Related Reports
p-Hydroxybenzoic Acid (PHBA), also called 4-hydroxybenzoic acid, is white powdery crystal. It is widely used in the production of preservative for cosmetic and pharmaceuticals. Also, it is the raw materials of liquid crystal polymer.
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p-Hydroxybenzoic Acid (PHBA), also called 4-hydroxybenzoic acid, is white powdery crystal. It is widely used in the production of preservative for cosmetic and pharmaceuticals. Also, it is the raw materials of liquid crystal polymer.
Published: 2024-01-18
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The global market for p-Hydroxybenzoic Acid (PHBA) was estimated to be worth US$ 91 million in 2024 and is forecast to a readjusted size of US$ 108 million by 2031 with a CAGR of 2.5% during the forecast period 2025-2031.
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The global market for p-Hydroxybenzoic Acid (PHBA) was estimated to be worth US$ 115 million in 2024 and is forecast to a readjusted size of US$ 157 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
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The global p-Hydroxybenzoic Acid (PHBA) market is projected to grow from US$ 115 million in 2024 to US$ 157 million by 2031, at a CAGR of 3.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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The global p-Hydroxybenzoic Acid (PHBA) market was valued at US$ 127 million in 2025 and is anticipated to reach US$ 162 million by 2032, at a CAGR of 3.6% from 2026 to 2032.
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The global p-Hydroxybenzoic Acid (PHBA) market size was US$ 127 million in 2025 and is forecast to reach a readjusted size of US$ 162 million by 2032 with a CAGR of 3.6% during the forecast period 2026-2032.
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