Methylparaben Market Size

Methylparaben Market size is evaluated at USD 1.4 billion in 2024 and is set to reach USD 2.7 billion by the end of 2037, expanding at around 5.6% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of methylparaben is estimated at USD 1.5 billion.

The global methylparaben market is expanding due to the burgeoning demand for personal care and cosmetic products, particularly in emerging nations such as China, India, and Brazil. The India Brand Equity Foundation (IBEF) reported that by 2025, India's beauty, cosmetics, and grooming sector will be worth USD 20 billion. Along with this increase, India will account for 5% of the global cosmetics market ranking fifth globally in revenue. Methylparaben is a common type of paraben, a group of chemical compounds frequently used by manufacturers as preservatives in products. They effectively increase the shelf life of products by inhibiting the growth of pathogens that may spoil them.