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Global Sodium methylparaben Market Insights, Trends & Future Development Status Recorded during 2018-2028 // Market Players BOC Sciences, P J Chemicals, Qingzhou Ailitong Chemicals Technical Co.,Ltd, Santa Cruz Biotechnology Inc, CellMark USA, LLC intelli

01-11-2019 02:18 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Sodium methylparaben Market Insights, Trends & Future

Growth in the application of sodium methylparaben-based products in food, cosmetics and pharmaceutical industries is expected to drive the demand for sodium methylparaben over the forecast period. Growing applications of sodium methylparaben as an additive in the food & beverage sector, particularly as a preservative in baked goods, jams & jellies, creams, dairy products, syrups, seasonings, oils, processed vegetables and other beverages, is further expected to fuel the growth of the Sodium methylparaben Market over the forecast period.

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Sodium methylparaben, also known as the sodium salt of methylparaben, is a preservative used by the pharmaceutical, food & beverage and cosmetics & personal care industries. Sodium methylparaben is generally found in fruits, such as blueberries, where it performs antimicrobial activity. Sodium methylparaben can be completely absorbed, hydrolysed and rapidly excreted through urine. There is negligible evidence of accumulation and hence, sodium methylparaben is included in the “Safe List” of Food and Drug Administration (FDA). Also, Sodium methylparaben based products witness large demand from the food sector where it is used as a food additive with the E number E219.

However, according to an independent study, sodium methylparaben can increase the risk of breast cancer, damage skin cells & eye cornea and can also affect male fertility. These factors are likely to hamper the demand for sodium methylparaben.

The European region is expected to be a leading market for sodium methylparaben and will be followed by North America owing to growing demand from the cosmetics industry, predominantly from countries, such as France, Italy, Spain, etc. On the other hand, the Asia Pacific market is anticipated to be the fastest growing market for sodium methylparaben based products owing to snowballing demand for colour cosmetics and skin & hair care products. 

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Moreover, rising demand for sodium methylparaben based products from food & beverage sector to increase the shelf-life of products will give a boost to the market. That apart, growing penetration of Sodium methylparaben across emerging economies, such as China, India and other ASEAN countries, is expected to further propel market growth.

Overall, the global Sodium methylparaben market is expected to register significant growth over the forecast period.

Global Sodium methylparaben market: Key Players

Some of the key manufacturers of sodium methylparaben that currently operate in the global Sodium methylparaben market are: Changzhou Elly Chemical Industry Co. Ltd., Wuhu Huahai Biology Engineering Co. Ltd, Triple Chem, Gujarat Organics Ltd, Evergreen Chemical Industry Limited, Hangzhou Jiancheng Trade Co., Ltd, Dafeng Huaxin Bio-technology Co.,ltd, BOC Sciences, P J Chemicals, Qingzhou Ailitong Chemicals Technical Co.,Ltd, Santa Cruz Biotechnology Inc, CellMark USA, LLC

The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product form, and industry.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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