openPR Logo
Press release

Phenoxyethanol Preservatives Market to witness growth at a CAGR of 6% over the projected timespan.

U.S. Phenoxyethanol Preservatives Market Size, By Application, 2013 - 2024 (USD Mn)

U.S. Phenoxyethanol Preservatives Market Size, By Application, 2013 - 2024 (USD Mn)

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.

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.

Make an Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/1601

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.

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.

Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1601

As per a recent report put together by Global Market Insights, Inc., phenoxyethanol preservatives industry 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.

Browse key industry insights spread across 120 pages with 137 market data tables & 11 figures & charts from the report, “Phenoxyethanol Preservatives Market Size By Product (Phenoxyethanol P5, Phenoxyethanol P25), By Application (Home & Personal Care [Cosmetics, Perfumes, Detergents, Ointments], Pharmaceuticals, Dyes & Inks), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/phenoxyethanol-preservatives-market

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.

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.

Related Report:
• Sodium Lauryl Sulfate (SLS) Market Size By Product (Liquid, Dry [Powder, Needles, Granules]), By Application (Dish Washing Liquids, Household Detergents & Cleaners, Industrial Cleaners, Personal Care Products), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
https://www.gminsights.com/industry-analysis/sodium-lauryl-sulfate-SLS-market

About Global Market Insights, Inc.
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.

29L Atlantic Avenue, Suite L 105
Ocean View Delaware 19970 United States
Email: sales@gminsights.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 to witness growth at a CAGR of 6% over the projected timespan. here

News-ID: 674925 • Views:

More Releases from Global Market Insights Inc.

Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Included – Dow Dupont Inc., BASF SE, Clariant AG & More
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 - Walmart, Costco Wholesale Corporation, LGM Pharma
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 Trends to 2024 | MFG Chemicals, Huntsman Corporation, and Stepan Company
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

All 5 Releases


More Releases for Phenoxyethanol

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
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