Paraben Market Outlook:
Paraben Market size was over USD 420.8 million in 2025 and is anticipated to cross USD 789.9 million by 2035, witnessing more than 6.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of paraben is assessed at USD 445.42 million.
The reason behind the growth is impelled by the growing chemical industry across the globe. The global chemical industry is likely to experience strong growth since it plays an important role in meeting basic needs improving quality of life, and contributing to economic growth for people around the world.
According to estimates, the global chemical market is expected to grow by more than 3% between 2024-2028, reaching a market size of around USD 1 trillion in 2028.The growing demand for water-based cosmetics is believed to fuel the paraben market growth. Parabens can be used as preservatives in many water-based cosmetics such as creams and lotions as they offer a wide range of antimicrobial properties.