Press release
Phenoxyethanol Preservatives Market Analysis, Growth, Trends & Forecast 2017-2024 | BASF, Symrise AG, The Dow Chemical Company, AkzoNobel, Sigma-Aldrich, Clariant, Ashland, Lonza
U.S. Phenoxyethanol Preservatives Market Size, By Application, 2013 - 2024 (USD Mn)
Regionally, U.S. is one region where P5 phenoxyethanol preservatives industry demand is quite high. Being one of the most lucrative growth grounds for the cosmetic and pharmaceutical markets, the United States has been observing an escalated commercialization of P5 grade preservatives lately. As per estimates, U.S. P5 phenoxyethanol preservatives market in 2016, held a valuation of USD 12 million, and taking into account the increasing product demand, it is certain that U.S. industry will accomplish significant gains over the coming seven years.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1601
Europe is also likely to carve a profitable road map in the phenoxyethanol preservatives market over the forecast span. Driven by the fierce competitiveness in Europe pharmaceutical industry, the demand for the product is anticipated to rise, thereby sourcing lucrative business opportunities. Globally, phenoxyethanol preservatives industry from pharmaceutical applications is forecast to record a revenue of USD 30 million by the end of 2024, with a projected annual growth rate of 7% over 2017-2024.
Growth drivers
1. Increased product demand in cosmetic industry
2. Replacement of parabens with phenoxyethanol
Phenoxyethanol Preservatives Market By Product
o Phenoxyethanol P5
o Phenoxyethanol P25
Phenoxyethanol Preservatives Market By Application
o Home & personal care
o Pharmaceuticals
o Dyes & inks
o Others
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Schülke & Mayr
3. Symrise AG
4. Akema Fine Chemicals S.r.l.
5. The Dow Chemical Company
6. AkzoNobel
7. Galaxy Surfactants Limited
8. Sigma-Aldrich
9. Clariant
10. Ashland
11. Lonza
12. Santa Cruz Biotechnology (SCBT)
13. Liaoning Kelong Fine Chemical Co., Ltd.
14. Penta Manufacturing Company
15. Jiangsu Tianyin Chemical Industry Co., Ltd.
Cosmetics industry has flourished in the past few years with a robust growth rate which will accelerate the product market. The cosmetics segment is anticipated to grow with a CAGR of 6.9% in the forecast timeframe. Good toxicology profile makes the product a preferred preservative which will drive the phenoxyethanol preservatives market in various end-use industries. Active ingredient delivery systems are on the rise, which has improved the product market. The ban of paraben preservatives in many regions has brought phenoxyethanol into spotlight.
The increased expenditure on personal hygiene and product innovations has upscaled the demand for liquid detergents. The reduced prices resulting from increased competition has also escalated the demand for liquid detergents. Increased applications and advanced technologies in the chemical industry will boost the phenoxyethanol preservatives market. These factors will allow the manufacturers to explore the niche market in emerging economies, thereby, propelling the product market.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1601
The product is also used to preserve food which can be an opportunity for the food & beverage industry competitors to explore the phenoxyethanol preservatives market. The rising concerns of skin sensitization call for a need to develop effective preservative blends in the market, which will augment the phenoxyethanol preservatives market growth. The product market has broadly two variants that are widely used, phenoxyethanol P5 and phenoxyethanol P25. The market for phenoxyethanol P25 is likely to cross USD 30 million in 2024.
The pharmaceuticals category is projected to grow at a significant rate and is estimated to surpass USD 30 million in 2024. In inks, glycol ether is used for the free flow of resins pigment. Due to the antibacterial properties, the product is widely used in home care and beauty products such as detergents, shampoos, cosmetics, etc. It is used as a fixative in perfumes and a solvent for dyes, resins and inks.
Owing to the high consumption and significant expenditure on beauty products, Brazil will record a rising trajectory in terms of product market growth. In Europe, the demand of the product will be driven by the competitive pharmaceutical sector as it represents a major source of growth of the economy.
Some of the major contributors in the phenoxyethanol preservatives market include BASF SE, Jiangsu Jiafeng Chemical Co., Ltd., Clariant Corporation, Galaxy Surfactants Ltd., Sigma-Aldrich Co. LLC, Akzo Nobel N.V., Liaoning Kelong Fine Chemical Co., Ltd., Dow Chemical Company, etc.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://headlinenewsnation.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Phenoxyethanol Preservatives Market Analysis, Growth, Trends & Forecast 2017-2024 | BASF, Symrise AG, The Dow Chemical Company, AkzoNobel, Sigma-Aldrich, Clariant, Ashland, Lonza here
News-ID: 1536544 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Phenoxyethanol
Phenoxyethanol Latest Market Analysis Report 2025
Global Phenoxyethanol Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
The global Phenoxyethanol market size is expected to reach $ 336 million by 2031, rising at a market growth of 6.2% CAGR during the forecast period (2025-2031).
Global Info Research's report offers key insights into the recent developments in the global Phenoxyethanol market that would help strategic decisions. It also provides a complete analysis of the market size,…
Phenoxyethanol Market Trends and Growth Prospects (2024-2034)
Price- USD 1550, According to Statifacts, The global phenoxyethanol market, valued at USD 1,747 million in 2024, is expected to reach USD 2,394 million by 2034, growing at a CAGR of 3.2%. This comprehensive analysis explores key market drivers, AI's influence, regulatory landscape, market potential, and future outlook.
𝐕𝐢𝐞𝐰 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐃𝐚𝐭𝐚𝐬𝐞𝐭@ https://www.statifacts.com/outlook/phenoxyethanol-market
Phenoxyethanol is an aromatic ether alcohol widely used as a preservative in cosmetics, pharmaceuticals, and industrial applications. It offers effective…
2-Phenoxyethanol Market Size, Share, Growth | Report, 2027
Latest Updated Report 2023, The Global 2-Phenoxyethanol Market to Growing A CAGR of % during forecast period of 2023-2027. The Market is segmented by Global 2-Phenoxyethanol Market Breakdown by Application (Home & Personal Care, Pharmaceuticals, Dyes & Inks, Paint & Coatings) by Type (Cosmetic Grade, Pharmaceutical Grade) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
The 2-Phenoxyethanol Market 2023 Report makes available the current and forthcoming technical and…
2-Phenoxyethanol Market Size, Share, Development by 2024
LP INFORMATION offers a latest published report on 2-Phenoxyethanol Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the 2-Phenoxyethanol market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report…
Global Phenoxyethanol Preservatives Market Analysis & Forecast 2018-2025
UpMarketResearch offers a latest published report on “Global Phenoxyethanol Preservatives Market Industry Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 95 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Get Free Sample Report@ https://www.upmarketresearch.com/home/requested_sample/8714
The report begins with the overview of the Phenoxyethanol Preservatives Market…
Phenoxyethanol Market Analysis, Share, Statistics, Trends, Forecasts 2025
Presence of numerous small and large phenoxyethanol manufacturers all over the world, makes its market highly competitive, finds a report Transparency Market Research. It also finds that the vendor landscape is highly concentrated in China. In order to succeed in such a cutthroat environment, companies need to go the extra mile by undertaking scientific research to prove the safety and efficiency of their products and communicate the same to their…
