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The report On Parabens Market provides a comprehensive outlook on the key segments and sub-segmentations of Market that has the entire information about Product details, Top Players, opportunities, market risks, restraints, market barriers, challenges, And trends. It offers latest information regarding the expansion rate, volume, and size of the market in reference to each segment and also explains the market performance of those segments.The Report discusses a good range of the emerging market scope and potential drawbacks present within the segments.
Market Overview:
Parabens are p-hydroxybenzoic acid esters, some of which include methylparaben, propylparaben, butylparaben, ethylparaben, phenoxyethanol, among others. As para-hydroxybenzoic acid is reacted with an appropriate alcoholic group such as methyl, ethyl or n-propyl groups, esterification reactions are used to generate parabens.The demand for parabens will hit an approximate valuation of USD 130.85 million by 2028, with growth of 6.20% for the projected period from 2021 to 2028. The market report on parabens analyses the growth that is currently rising due to the increasing use of parabens as preservatives in cosmetic products.