What is Sodium Propyl Paraben?
Sodium Propyl Paraben or NaC10H12O3 is a compound which is used as a food additive or anti-fungal preservation agent. They are used to prevent fungal, growth of bad bacteria and yeast in food products, cosmetic products and pharma products. Thus they enhance the value of the product by helping extend the product shelf life. Industry of sodium propyl paraben has an exciting future.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Laxness (Germany), Muby Chemicals (India), Foodchem (China), Sharon Laboratories Ltd. (Israel), ISCA UK Ltd. (United Kingdom), CISME Italy SRL (Italy), Salicylates and Chemicals Pvt. Ltd. (India), Gujarat Organics Ltd. (India), Venu Healthcare (India) and Hefei TNJ Chemical Industry (China) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Food Grade, Pharmaceutical Grade, Cosmetically Graded and Others) , by application (Food and Beverages Industry, Pharmaceuticals, Cosmetics and Others) and major geographies.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Sodium Propyl Paraben market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Laxness (Germany), Muby Chemicals (India), Foodchem (China), Sharon Laboratories Ltd. (Israel), ISCA UK Ltd. (United Kingdom), CISME Italy SRL (Italy), Salicylates and Chemicals Pvt. Ltd. (India), Gujarat Organics Ltd. (India), Venu Healthcare (India) and Hefei TNJ Chemical Industry (China).
European Union Scientific committee of consumer safety declared Propyl Paraben as a safe food additive until and unless the concentration doesn’t bypass 0.19%
Global rise in demand for pharmaceutical and cosmetic products has driven promises of innovative use of sodium propyl paraben. Because of its easy absorption properties through gastrointestinal tract and skin and it’s safe to use regulations by global recognized regulation bodies like FDA and EUSCCS, makes it ideal for use in different consumer based industries. The dependent industries of sodium propyl paraben are of ever growing potential this provides a great prospect for the growth of sodium propyl paraben industry.
Market Trend
Pharmaceuticals Companies Gaining Huge Investments from Public and Private Sector
Restraints
- Stringent Govt. Regulations Unmonitored Quantities may Affect the Consumer Health
Opportunities
Developing Countries Offers a Great Prospect for Sodium Propyl Paraben Manufacturers Because of Increasing Purchasing Power Parity and Emerging Industries in this Countries
Key highlights of the Global Sodium Propyl Paraben market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Sodium Propyl Paraben market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Sodium Propyl Paraben market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Sodium Propyl Paraben Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sodium Propyl Paraben market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sodium Propyl Paraben market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.