Press release
Exploring the Rapid Growth of the Phenolic Antioxidants Market with a CAGR of 4.3% (2023-2026)
Phenolic antioxidants act as free radical scavengers and hence, slow down the rate of oxidation and improve the shelf life of organic materials. With the robust growth of end-use industries, the global phenolic antioxidants market is anticipated to expand at a CAGR of 4.3% during the forecast period.Phenolic antioxidants, also known as phenol-based antioxidants, are a type of antioxidant that prevent oxidative damage and protect food, cosmetic, and industrial products from spoilage. These antioxidants are synthesized from phenol compounds, which are naturally occurring compounds found in plants, fruits, and spices.
The growing demand for natural ingredients in food and cosmetic products, as well as the increasing awareness of the harmful effects of synthetic preservatives, has led to the growth of the phenolic antioxidants market. Moreover, the rising concern over the stability and shelf-life of food and industrial products has fueled the demand for phenolic antioxidants.
The Compound Average Growth Rate (CAGR) has been represented from 2018 to 2026. The study covers value chain analysis, phenolic antioxidants market dynamics and industry growth analysis, along with segmental-level projections in a comprehensive manner. As per industry experts and findings of the report, the global phenolic antioxidants market is projected to grow at a CAGR of 4.3 % between 2018 and 2026, in terms of value. Increasing demand for lubricants and plastics & rubber is one of the key factors assisting the growth of the phenolic antioxidants market.
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The Persistence Market Research report on phenolic antioxidants analyses the market at regional as well as global level through market segmentation on the basis of type, form, source type and application. The primary objective of the report is to offer key insights on current trends, competition positioning, growth rates, market potential and other relevant information and statistics in a suitable manner to readers and various stakeholders in the phenolic antioxidants market.
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The report is structured to facilitate readers to develop a thorough understanding of the phenolic antioxidants market. It begins with phenolic antioxidants market definitions, which are followed by market taxonomy, market background and market dynamics and analysis of the market by key segments, regional market analysis and competition assessment. Each section of the report covers a quantitative as well as qualitative assessment of the phenolic antioxidants market on the basis of historical developments, facts and key opinions collected from the market participants in the phenolic antioxidants market through interviews.
Phenolic Antioxidants Market: Segmentation
Type
• Mono-Functional Phenol
• Bi-Functional Phenol
• Multi-Functional Phenol
Foam
• Liquid
• Granule
• Powder
Source Type
• Natural
• Synthetic
Application
• Plastic & Rubber
• Food & Feed Additive
• Pharmaceutical & Personal Care
• Fuel & Lubricants
• Industrial Lubricants
• Greases
• Engine Oils
• Hydraulic Fluids
• Transmission Oils
• Others
Region
• North America
• Latin America
• Europe
• China
• Japan
• South East Asia & Pacific
• MEA
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