Phenoxyethanol Preservatives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Report Code: ZMR-4224 | Report Format : | Status : Upcoming |

Abstract

Global Phenoxyethanol Preservatives Market: Overview

These products find application in personal & cosmetics items. Phenoxyethanol preservative is a biocide that can actively combat gram-negative bacteria. Its activity is weak against mold and yeast. The massive use of the products in cosmetics and other personal care items will refine the growth of the market.

Global Phenoxyethanol Preservatives Market: Growth Factors

Augmentation in the per capita expenditure along with large customer base in the developing countries will steer the expansion of phenoxyethanol preservatives market in the coming years. Additionally, with the bulge in the e-commerce activities across the developing regions and escalating popularity of home-made and cosmetic products, the industry is bound to grow in the near future. The product is extensively used in ointments, cosmetics, and detergents, owing to its ability to expand the growth of microbes in these products along with enhancing their shelf life. However, the negative word of mouth marketing against the product as a result of its negative effects on health coupled with the rising preference for organic personal care & cosmetic items will abate the market expansion during the estimated timeline. Availability of cost-effective alternatives can shrink the business expansion over the ensuing years.

Moreover, with the modern trends witnessed in the fashion industry that is the use of color cosmetics and eye make-up has increased across the globe. This has resulted in the escalating popularity of the products.

Global Phenoxyethanol Preservatives Market: Segmentation

The phenoxyethanol preservatives market can be classified into product type and application. Based on the product type, the industry can be sectored into phenoxyethanol P25 and phenoxyethanol P5. Application wise, the phenoxyethanol preservatives market can be divided into dyes & inks, personal care & home, and pharmaceuticals.

Global Phenoxyethanol Preservatives Market: Regional Analysis

Based on the region, the phenoxyethanol preservatives market can be divided into five main regions: Latin America, Europe, North America, Asia Pacific, and the Middle East and Africa. The growth of phenoxyethanol preservatives market in the Asia Pacific is triggered by factors such as massive product usage in pharmaceutical as well as personal care & household products. Increase in the gross domestic product and hostile marketing strategies enforced by the major cosmetic manufacturers will enhance product penetration in the APAC zone.

The European market is set to demonstrate a notable surge over the coming decade, owing to the green signal provided by the European Council for the use of the product in restricted proportions. Additionally, countries such as Germany, France, and Italy will contribute substantially toward the regional market revenue. Presence of key manufacturers in Europe will further boost the regional market growth trends.

North America and Latin American markets have huge future growth prospects and are expected to contribute massively towards the overall phenoxyethanol preservatives market revenue in the foreseeable future.

Global Phenoxyethanol Preservatives Market: Competitive Players

Few of the main participants in phenoxyethanol preservatives market are Jiangsu Jiafeng Chemical Co. Ltd., Ashland Global Holdings, Haihang Industry Co. Ltd., Clariant AG, Schülke & Mayr GmbH, Symrise AG, The Dow Chemical Company,Akema Fine Chemicals, Galaxy surfactants, BASF SE, Lonza Group AG, Jinan Haohua Industry Co. Ltd., and Thor Personal Care.

Global Phenoxyethanol Preservatives Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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