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Global Phenylethanol Market Trends and Forecast: Rising Demand in Cosmetics and Pharmaceuticals – FMIBlog

Summary by FMIBlog
The global phenylethanol market will reach a valuation of USD 1.9 billion in 2024, driven by emergence of new applications. The trend is set to create new opportunities for the market, leading to a projected CAGR of 4.4% between 2024 and 2034, and reaching USD 2.9 billion by 2034.  There is a growing demand for eco-friendly packaging solutions made from natural and biodegradable materials, as environmental concerns escalate. The natural origin o…
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