Press release
Why the Phenoxyethanol Preservatives Market is set to explode? | Key Players like BASF, Schlke & Mayr, Symrise AG, Dow, AkzoNobel, Clariant, Ashland
Phenoxyethanol Preservatives Market
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.
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Phenoxyethanol Preservatives Market growth will be driven by rising demand for natural & organic cosmetics ingredients due to increasing awareness among consumers regarding adverse health effects of synthetic chemicals. 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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Schlke & 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.
Rising disposable income coupled with transformation of distribution channels towards specialty & online retailers are the major factor contributing towards phenoxyethanol preservatives market 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 phenoxyethanol preservatives market growth.
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Asia Pacific phenoxyethanol preservatives market 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.
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The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.
-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.
-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.
-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.
-The report analyses the various market segments and also provides their contribution to the development of the global industry.
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