openPR Logo
Press release

Phenoxyethanol Preservatives Market from the cosmetic sector to grow at 6.9% CAGR till 2024 | Key Players are Ashland, Symrise AG, Lonza, Galaxy Surfactants Limited, BASF, AkzoNobel, The Dow Chemical Company, Clariant

Phenoxyethanol Preservatives Market

Phenoxyethanol Preservatives Market

As per a recent report put together by Global Market Insights, Inc., phenoxyethanol preservatives market size from the cosmetic sector is expected to record a CAGR of 6.9% over 2017-2024. One of the premium products of phenoxyethanols, i.e., P5 is mainly deployed in cosmetic applications due to its comparatively lesser phenol content, estimated to be less than 5 ppm. Speaking along the similar lines, P25, having a higher phenol composition is widely utilized for industrial purposes. In this regard, it is important to note that both phenoxyethanol P25 and P5 exhibit 99.5% purity, which is undoubtedly one of the profound grounds enhancing the overall phenoxyethanol preservatives market expansion. Another contributing factor is that consumers are increasingly preferring green ingredients in the cosmetic formulations, owing to their perceived health benefits.

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.

With organic cosmetics scoring an edge over chemical products of late, phenoxyethanol preservatives market has been witnessing a renewed prominence globally. In the last couple of years, personal care industry giants have faced a series of challenges concerning the integrity of beauty products, a factor that has sourced the trend of natural preservatives. Phenoxyethanol has been identified as the most globally approved preservative in beauty product formulations, owing to its high compatibility with beauty products, pertaining to its excellent toxicology, faint aroma, low water solubility and evaporation rate. On the research front as well, several scientific evaluations of preservatives have made their presence felt, which are likely to contribute toward industry development. The need to protect personal care products from microbial growth is also a crucial factor that is making phenoxyethanol preservatives industry an attractive commercial proposition.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1601

The remarkable expansion of Phenoxyethanol Preservatives Market is quite evident from its extensive deployment across a diversified range of domains that includes the pharmaceutical and domestic sectors as well. The growing trend of using active ingredients and the much-awaited ban on paraben based products in some of the regions have stimulated phenoxyethanol preservatives market demand. Home and personal care sector procured the major portion of the industry in 2016. With increased consumer spending on personal hygiene, manufacturers are readily focusing on liquid detergents that deploy phenoxyethanol on a large scale. In addition, renowned organizations such as the Cosmetic Toiletry Fragrance Association, British Pharmacopoeia, U.S. Pharmacopoeia, and European Economic Community have also certified phenoxyethanol as a safe preservative to be used in personal care commodities.

A major disruptive issue that is somewhat hampering phenoxyethanol preservatives market growth is the growing number of regulatory initiatives projecting the health hazards associated with its deployment. The FDA, for instance, has recently issued a warning regarding the toxicity of these preservatives and their detrimental effects on infants. However, industry giants are rigorously putting in their efforts to successfully overcome these challenges by engaging in numerous research and development activities. Some of the prominent players operating in global phenoxyethanol preservatives industry include Akema Fine Chemicals, Dow Chemical Company, Symrise AG, Chemicals, Santa Cruz Biotechnology, Lonza Group, and Schülke & Mayr GmbH. With global economy treading on a positive path, resulting in an upgradation of consumer living standards, phenoxyethanol preservatives market is projected to observe an appreciable growth of 6% over 2017-2024, with a target revenue of over USD 170 million by 2024.

Phenoxyethanol Preservatives Market By Application
o Home & personal care
o Pharmaceuticals
o Dyes & inks
o Others

Browse Full Report @ https://www.gminsights.com/industry-analysis/phenoxyethanol-preservatives-market

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://technologymagazine.org/

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 from the cosmetic sector to grow at 6.9% CAGR till 2024 | Key Players are Ashland, Symrise AG, Lonza, Galaxy Surfactants Limited, BASF, AkzoNobel, The Dow Chemical Company, Clariant here

News-ID: 1658272 • Views: 407

More Releases from Global Market Insights, Inc.

How will APAC bolster Organometallics Market fare through 2025?
Asia Pacific Organometallics Market driven by India, China and Japan may register a substantial growth during the foreseeable timeframe. Increasing consumer electronics product demand such as laptops, smart watches, LED Tv's and smartphones which consists of LED screens may drive the industry growth. China LED market size was valued at over USD 16.5 billion in year 2018. Furthermore, expanding middle class population in the region who are likely to spend
Additive Masterbatch Market will be observing an extensive growth over 2020-2025 …
The additive masterbatch market is projected to be led by Asia Pacific owing to the significant surge in its industrialization and population. Asia Pacific is the largest consumer of plastics across the globe. With China producing over one-fourth of the global plastic production, Asia Pacific is anticipated to generate the maximum product demand during the forecast period. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4378 According to carrier resin, the industry
Fluorosilicic Acid Market size will see noticeable growth during 2020-2025 | Sol …
Fluorosilicic Acid Market is projected to witness substantial growth in the forthcoming years, primarily driven by need for maintaining fluoride level in water and preventing dental problems in public. Several government bodies in emerging economies are inducing municipal corporations to surge the use of fluorosilicic acid in drinking water to make it safer and invariably lower the prevalence of disorders such as dental fluorosis. Get sample copy of this research
Isoprene Rubber Latex Market to gain substantial returns by 2025
According to new research report, Isoprene Rubber Latex (IRL) Market will grow at 7% CAGR , to cross $340 mn by 2025. Condoms, medical gloves, medical balloons & catheters, and adhesives are the key application segments in the isoprene rubber latex market. Medical glove segment will dominate the overall IRL industry over the forecast years. The product's high clarity and purity have been the main reasons behind their usage for

All 5 Releases


More Releases for Phenoxyethanol

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
Phenoxyethanol Preservatives Market to Witness Comprehensive Growth by 2020
The global phenoxyethanol preservatives market features a moderate degree of fragmentation wherein top four players held nearly 50% of the market in 2013. The remaining 50% market share is distributed among various small-sized players that mainly operate in regional markets. Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4450 Prominent companies to name in the global phenoxyethanol preservatives market are BASF SE, Galaxy Surfactants Ltd., Symrise, Clariant Corporation, The Dow Chemical Company,
Phenoxyethanol Market to Develop Rapidly By 2025
Phenoxyethanol is a colorless, clear and oily liquid that is used in cosmetic products such as sunscreen and skin creams. Phenoxyethanol is produced by reaction between ethylene oxide and phenol at elevated pressure and temperature. Phenoxyethanol has intermediate water solubility and shows moderate evaporation rate. Phenoxyethanol is a bactericide and used simultaneously with ammonium compounds as a substitute for sodium azide due to its less toxic properties. In addition, phenoxyethanol
Phenoxyethanol Preservatives Market, Analysis Report & Opportunities, 2017 – 2 …
Phenoxyethanol preservatives market witnesses a broad application spectrum in the cosmetics industry, owing to its stability under extreme conditions, good toxicology, and good compatibility with the cosmetics products. The ban on the paraben in several regions have increased the demand for phenoxyethanol preservatives market. The cosmetic application is estimated to record a CAGR of 6.9% over the period of 2017-2024. The premium grade of phenoxyethanol preservatives for example, phenoxyethanol P5
Phenoxyethanol Preservatives Market- Global Industry Analysis and Forecast | Res …
Global Phenoxyethanol Preservatives Market: Snapshot Phenoxyethanol preservatives fall into a category of mono alkyl ethers that are created through the reaction between ethylene oxide reacts and 2-Phenol, or naturally obtained from green tea. Phenoxyethanol preservatives hold valuable antibacterial properties and are aromatic. They are ethylene-based monophenyl glycol ethers. They are largely used in detergents, ointments, cosmetics, and cleaners. Their commercial trade names include Dowanol Eph, ethylene glycol monophenyl ether (EGPhE),