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Asia Pacific 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.The Global Phenoxyethanol Preservatives Market will likely surpass USD 150 million by 2024; according to a new research report.
Rising disposable income coupled with transformation of distribution channels towards specialty & online retailers are the major factor contributing towards personal and home care products 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 product market growth. Globally, Japan is among the major markets of cosmetics & personal care products with USD 13.2 billion of sales in 2016. Japanese spends around USD 220 per capita annually on cosmetics which is higher than the U.S. and France. Increasing presence of international brands providing quality products along with rising geriatric population will escalate the anti-aging cosmetics demand. These factors all together will bolster the market in forecast time period.
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Rising demand for natural & organic cosmetics ingredients due to increasing awareness among consumers regarding adverse health effects of synthetic chemicals will hinder the . phenoxyethanol preservative market growth by 2024.
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.
Home & personal care, pharmaceutical is the major application segment of the product. The other minor applications includes metal working fluids, plasticizers, industrial & architectural coatings, slurring compound, etc. The home & personal care segment includes cosmetics, perfumes, household detergents & ointments and will capture more than 45% revenue share of the entire segment by 2024. 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.
Schlke & Mayr GmbH, Clariant AG, Akema Fine Chemicals, Dow Dupont, BASF SE, Galaxy surfactants, Lonza Group AG, Symrise AG, Ashland Global Holdings, Thor Personal Care, etc. are some prominent players in phenoxyethanol preservative industry.
Phenoxyethanol preservatives market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons & revenue in USD thousand from 2013 to 2024, for the following segments:
Phenoxyethanol Preservatives Market by Product
• Phenoxyethanol P5
• Phenoxyethanol P25
Phenoxyethanol Preservatives Market by Application
• Home & personal care
o Cosmetics
o Perfumes
o Detergents
o Ointments
• Pharmaceuticals
• Dyes & inks
• Others
The above information is provided on a regional and country basis for the following:
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
o Thailand
o Indonesia
• Latin America
o Brazil
o Mexico
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
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Table Of Content:
Chapter 1 Methodology & Scope
1.1Methodology
1.1.1Initial data exploration
1.1.2Statistical model and forecast
1.1.3Industry insights and validation
1.1.4Definitions & forecast parameters
1.1.4.1Definitions
1.1.4.2Forecast parameters
1.2Data sources
1.2.1 Primary
1.2.2 Paid
Chapter 2Executive Summary
2.1Phenoxyethanol preservatives industry 360 degree synopsis, 2013 - 2024
2.1.1Business trends
2.1.2Product trends
2.1.3Application trends
2.1.4Regional trends
Chapter 3Phenoxyethanol Preservatives Industry Insights
3.1Industry segmentation
3.2Industry size and forecast, 2013 - 2024
3.3Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.4Industry impact forces
3.4.1 Growth Drivers
3.4.1.1 Increased product demand in cosmetics industry
3.4.1.2 Replacement of parabens with phenoxyethanol
3.4.2Industry pitfalls & challenges
3.4.2.1 Expensive and time-consuming approval process for preservatives
3.4.2.2 Use of natural preservatives
3.5Growth potential analysis
1.1.Regulatory trends
1.1.1. U.S.
1.1.2. Europe
1.1.3. China
3.6Porter's analysis
3.7Competitive landscape, 2017
3.7.1 Strategic dashboard
3.8PESTEL analysis
3.9Regional price trends
3.9.1 Cost structure analysis
3.9.1.1 R&D cost
3.9.1.2 Manufacturing & equipment cost
3.9.1.3 Raw material cost
3.9.1.4 Distribution cost
3.9.1.5 Operating cost
3.9.1.6 Miscellaneous cost
3.9.2Raw material trends
Chapter 4Phenoxyethanol Preservatives Market, By Product
4.1Phenoxyethanol preservatives market share by product, 2016 & 2024
4.2Phenoxyethanol P5
4.2.1 Global market estimates and forecast, by product, 2013 - 2024
4.2.2 Global market estimates and forecast, by region, 2013 - 2024
4.3Phenoxyethanol P25
4.3.1 Global market estimates and forecast, by product, 2013 - 2024
4.3.2 Global market estimates and forecast, by region, 2013 - 2024
Continued…….
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