+1-888-308-5802      . .

Phenoxyethanol Preservatives Market Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2024

Author : Ravi Chawat | Published Date : 2022-08-03 

Phenoxyethanol Preservatives Market Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2024

Rising disposable income coupled with transformation of distribution channels towards specialty & online retailers are the major factor contributing towards personal and home care products growth. This in turn will positively influence the phenoxyethanol preservative market demand by 2024. The product is used as preservatives in cosmetics, ointments & detergents to reduce the microbial growth which results in greater shelf life. Phenoxyethanol preservative has showed good compatibility with most cosmetics, exceptional stability in extreme conditions, along with this upward trend towards the use of non-formaldehyde releasing preservatives will contribute towards overall product market growth. Globally, Japan is among the major markets of cosmetics & personal care products with USD 13.2 billion of sales in 2016. Japanese spends around USD 220 per capita annually on cosmetics which is higher than the U.S. and France. Increasing presence of international brands providing quality products along with rising geriatric population will escalate the anti-aging cosmetics demand. These factors all together will bolster the market in forecast time period.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/1601

Rising demand for natural & organic cosmetics ingredients due to increasing awareness among consumers regarding adverse health effects of synthetic chemicals will hinder the . Phenoxyethanol preservative market growth by 2024.

The global phenoxyethanol preservatives market has been bifurcated into two products namely phenoxyethanol P5 and phenoxyethanol P25. These products are segregated based on the free phenol content in the phenoxyethanol preservatives. In terms of revenue, phenoxyethanol P25 preservatives will witness growth with over 5% CAGR in future. This is owing to its widespread application in home care products such as liquid detergents, fabric detergents and in some cosmetics products as well.

Home & personal care, pharmaceutical are the major application segment of the product. The other minor applications includes metal working fluids, plasticizers, industrial & architectural coatings, slurring compound, etc. The home & personal care segment includes cosmetics, perfumes, household detergents & ointments and will capture more than 45% revenue share of the entire segment by 2024. Phenoxyethanol preservatives are also used in medicines used for curing diphtheria, pertussis, tetanus, hepatitis B, Haemophilus influenzae, etc. besides this it is also used as topical antiseptic solution.

Asia Pacific will generate the revenue of more than USD 60 million in future due to extensive usage of the product in home & personal care and pharmaceutical applications. With increasing real income and aggressive marketing strategies adopted by leading cosmetics manufacturer coupled with upward penetration of cosmetics & personal care products catapulting the regional phenoxyethanol preservative demand.

Request For TOC of Report @ https://www.decresearch.com/toc/detail/phenoxyethanol-preservatives-market

Schulke & Mayr GmbH, Clariant AG, Akema Fine Chemicals, Dow Dupont, BASF SE, Galaxy surfactants, Lonza Group AG, Symrise AG, Ashland Global Holdings, Thor Personal Care, etc. are some prominent players in phenoxyethanol preservative industry.

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

Related News

Tert-Amylbenzene Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2026

Tert-Amylbenzene Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2026

Published Date: 2022-08-12         Author: Ravi Chawat

The Tert-Amylbenzene market is set to witness promising growth in forthcoming years owing to rising hydrogen peroxide manufacturing, rising EV sales, expanding pharmaceutical industry, and increasing product use in rechargeable lithium-ion batteries. TAB or Tert-Amylbenzene plays a major role in a v... Read More>>

Tetraethyl Benzene Market Analysis, Growth Opportunities, Top Companies, Revenue Growth and Business Development Report by 2027

Tetraethyl Benzene Market Analysis, Growth Opportunities, Top Companies, Revenue Growth and Business Development Report by 2027

Published Date: 2022-08-12         Author: Ravi Chawat

Tetraethyl benzene market is projected to observe substantial growth through the forthcoming timeframe owing to increasing investment in chemical research activities and high product demand across various end-users such as research applications, pharmaceutical intermediates, and production of downst... Read More>>

Paraffin Inhibitors Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2027

Paraffin Inhibitors Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2027

Published Date: 2022-08-12         Author: Ravi Chawat

The paraffin inhibitors market is expected to witness significant growth over the coming time period owing to growing need for oil production, proliferation of unconventional onshore oil production, and high demand for hyperbranched polymers in applications such as coatings, additives, nanotechnolog... Read More>>

© 2022 Fractovia. All Rights Reserved