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LATAM cosmetic preservatives market is projected to showcase significant growth upto 2026

Author : Ravi Chawat | Published Date : 2021-01-15 

LATAM cosmetic preservatives market size to reach USD 130 million by 2026 as per the research report by Global Market Insights, Inc. As per new reports, the preservative has already been approved for safe use under Annex V of European Cosmetics Regulation while also been accredited by COSMOS, owing to its compliance with Green Chemistry principals. Moreover, the newly developed Neolene Bio preservatives are claimed to be available in powder or liquid format and could be used in a variety of personal care product ranges, right from leave-on formulations to rinse-off formulations.

Phenol derivatives, from the synthetic cosmetic preservative product segment, are significantly used as an active ingredient to prevent the growth of microorganisms in shampoos, creams, and lotions, among other products. Consumers can maintain skin hygiene via the usage of phenol derivative-based cosmetics that prevent bad odor in these products. These factors are major contributors to propelling LATAM cosmetic derivatives market dynamics. The phenol derivatives product segment is poised to record a CAGR of nearly 5% through 2026.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/4624 

With regards to the usage spectrum, the decylene glycol segment is set to register around 4.5% CAGR through 2026. Rising attributes of decylene glycol, which is utilized predominantly as a blending and active ingredient in cosmetic products, include its ability to enhance the preservatives during the cosmetic and personal care product formulation. A considerable surge in the cosmetic product adoption can be attributed to benefits of using decylene glycol. It can be effectively used to eliminate propionibacterium acnes and malassezia furfur as well as prevent pimples, which in turn, provide an opportunity to amplify the LATAM cosmetic preservatives market expansion.

Cosmetic preservatives have found widespread use in the hair care segment over the past few years. Haircare products comprise of a huge amount of water and other active nutrients along with favorable pH and temperature that acts as a suited growth environment of molds, bacteria, and yeasts. Formaldehyde releasers, QAC, parabens, and phenol derivatives comprise of preservative and functional properties. Easy availability along with economical pricing will complement the demand for synthetic cosmetic preservatives.

Decylene glycol has witnessed considerable usage in the LATAM cosmetic preservatives market. It is predominantly needed as an active as well as blending ingredient. The product induces active properties such as preservative boosters during the formulation of cosmetics and personal care items. The compound is known to offer beneficial characteristics like effectiveness against propionibacterium acne and reducing the number of pimples.

Prominent cosmetic preservative producers and suppliers present in LATAM include Lonza, Merck, BASF, KGaA, The Dow Chemical Company, and Sharon Laboratories. The industry players are working towards enhancing the product offerings to meet the changing consumer demands. For instance, in the year 2018, Sharon Laboratories launched SharoSENSE Plus Preservative range, which is natural and offers improved hydro solubility and superior efficacy solution.

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About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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