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The Prominent Industry Players in the Propylparaben Market: Alta Laboratories Ltd., Anhui Leafchem Co., Ltd., Cameo Health Care, Argos international

The Prominent Industry Players in the Propylparaben Market:

North America accounts for a major chunk of share in the global propylparaben market whereas Asia Pacific is considered as fastest growing market. The presence of global manufacturers of cosmetics and pharmaceuticals in North America is likely to boost demand in that region. Owing to the improving lifestyles, rise in disposable income and purchasing parity of people, coupled with increasing production capacities in Asia Pacific, especially in China and Japan, the propylparaben market demand will rise substantially. The highly growing food processing industry in the Middle East and Latin America is also driving the demand for propylparaben market.

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Major questions addressed through this global research report:
1. What are the demanding sectors for driving this global market?
2. Which are the major key players and competitors?
3. What will be the market size of the global market?
4. Which are the recent advancements in the global market?
5. What are the restraints, threats, and challenges in front of the market?
6. What are the global opportunities in front of the market?
7. How digital footprint helps to expand the business structure and economic outcomes?

The most commonly used parabens in the cosmetic products are butylparaben, propylparaben and methylparaben. Threat of internal substitution within the paraben products can be a hindrance to future growth of global propylparaben market. Moreover, the propylparaben market faces serious threats from the water-based and organic antimicrobial additives as they are eco-friendlier.

The European Scientific Committee on Consumer Products (SCCP), in 2006, stated the maximum usage limit of 0.4% concentration level in cosmetic products. Excessive usage of the product can result in skin irritation, allergies, and hormonal imbalance. This can be a restraint to the growth of propylparaben market.

Due to the low production cost, the product finds its application in a wide range of segments such as personal care products, cosmetics, food, and pharmaceuticals. In personal care, it is used extensively in products such as sunscreens, deodorants, shower gels, conditioners, shampoos and moisturizers. It is also used as an additive in cosmetic products such as foundations, eye shadows, mascaras, and lipsticks. In food, it is used in the preservation of flavoring syrups, processed vegetables, frozen dairy products, pickles, jams, processed fish, soft drinks, desserts, sauces, and beer.

The United States Food and Drug Administration is also labeled it generally recognized as safe (GRAS) on humans & animals and hence can be used as a preservative in several drugs that are absorbed by ways of injections and orally. Rising product demand from the end-user industries will positively influence the global propylparaben market growth in coming years.

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Some of the prominent p propylparaben market participants include Hainan Zhongxin Chemical Co., Ltd., Alta Laboratories Ltd., Anhui Leafchem Co., Ltd., Cameo Health Care, Argos international, The Dow Chemical Company, The Good Scents Company, Avantor Performance Materials LLC, Nebula Health Care, Salicylates and Chemicals Pvt. Ltd., Akema Fine Chemicals to name a few.

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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.

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