Reports and Data have recently published a novel report on the global Phenoxyethanol Preservatives Market to provide details about ongoing and upcoming activities in the Phenoxyethanol Preservatives industry. The global market is expected to reach USD 224.8 Million By 2028 from USD 147.7 Million in 2020 with a CAGR of 5.30%. The research report offers in-depth information about market share, market size, revenue growth, drivers, restraints, limitations, growth opportunities, and top companies in the market.
Blended preservatives attain properties such as compatibility with proteins and nonionic compounds, low toxicity, and stability under heat and can act effectively against bacteria. They can be used for a more extensive pH range and are suitable for leave-on and rinse-off applications. Moreover, their effective antifungal properties can lead to its usage in hair care, makeup, sun protection, and skincare products. Phenoxyethanol preservatives are further used in the production of personal care and cosmetics such as ointments, detergents, cosmetics, and perfume owing to the approval for its usage as a preservative in many beauty products formulations.
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Market Overview:
The materials and the chemical market is rapidly expanding in terms of revenue in recent years and over the forecast period owing to increasing demand for raw materials and chemicals for various industrial applications such as paper and paint, food and beverages, healthcare and pharmaceutical, manufacturing, construction, and agriculture. Revenue growth of the global Phenoxyethanol Preservatives market is attributed to factors such as rapid industrialization and urbanization, increasing awareness about green energy, rising inclination towards eco-friendly and biodegradable products, and rising presence for packaged food. In addition, increasing investments in research and development activities, rising disposable income, and increasing demand for products such as soaps, detergents, perfumes for daily usage are fueling the market growth.
Competitive Landscape:
The report offers precise information about each market player along with global position, business expansion plan, license agreement, research and development investments, and product base expansion plans. The global Phenoxyethanol Preservatives market is extremely competitive and comprises of key operating at global and regional levels. Major companies are focusing on developing new strategies like mergers and acquisitions, partnerships, collaborations, and new product launches to maintain their market position as well as enhance their product base.
Top 10 leading companies profiled in the report include BASF SE, Schülke Mayr GmbH, Symrise AG, Akema Fine Chemicals S.r.l., Dow Dupont Inc., Galaxy Surfactants Ltd., Clariant AG, Ashland Global Holdings Inc., Lonza Group AG, Santa Cruz Biotechnology, Inc., Liaoning Kelong Fine Chemical Co. Ltd., Penta Manufacturing Company, Zhejiang Shengxiao Chemicals Co. Ltd., Thor Personal Care SAS, and Finetech Industry Limited among others
- What is the expected market size of the global Phenoxyethanol Preservatives market during the forecast period?
- Which key factors are expected to fuel market growth throughout the forecast period?
- Which factors are expected to hamper the growth of the global Phenoxyethanol Preservatives market between 2021 and 2028?
- Which application segment revenue is expected to register rapid CAGR between 2021 and 2028?
- Which region is expected to register the fastest revenue CAGR over the forecast period?
- Which leading players are operating in the global Phenoxyethanol Preservatives market?
- What are the key outcomes of SWOT analysis and Porter’s Five Force model?
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Phenoxyethanol Preservatives Market Segmentation based on Types:
- Phenoxyethanol P5
- Phenoxyethanol P25
Phenoxyethanol Preservatives Market Segmentation based on Application:
- Home Personal Care
- Cosmetics
- Perfumes
- Detergents
- Ointments
- Pharmaceuticals
- Dyes Inks
- Others
Phenoxyethanol Preservatives Market Segmentation Based on Regions:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- The U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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