About Phenoxyethanol Preservative
Phenoxyethanol is the aromatic ether that is widely used as a stabilizer or antibacterial in soaps, perfumes, and other cosmetics and pharmaceutical products to prevent bacteria, yeast, and molds. Phenoxyethanol is naturally found in Allium cepa and Cichorium endivia or can also be re-created synthetically in a laboratory by treating phenol with ethylene oxide in an alkaline medium. The rising adoption of cleaning and disinfecting products by households will boost the phenoxyethanol preservatives market. Further, the increasing number of health-conscious people and the ban on the use of parabens, phthalates, and alkylphenols has created significant opportunities for the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The phenoxyethanol preservatives market is fragmented with a large number of global manufacturers who are competing with each other. Key players are increasingly focusing on partnership or merger & acquisition as their preferred strategies to expand themselves in other geographies and strengthen their footprint. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Phenoxyethanol Preservative market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sigma-Aldrich (United States), TCI Chemicals (Japan), Thermo Fisher Scientific (United States), BASF SE (Germany), Otto Chemie Pvt. Ltd. (India), Dow (United States), Spectrum Chemical (United States), Akema S.r.l. (Italy), Symrise AG (Germany), Silver Fern Chemical, Inc. (United States), Dadia chemical Industries (India), Ashland Global (United States) and Kraft Chemical (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Phenoxyethanol Preservative market by Type (Phenoxyethanol P5 and Phenoxyethanol P25), Application (Cosmetics, Toiletries, Perfumes & Soaps, Pharmaceuticals and Others) and Region.
On the basis of geography, the market of Phenoxyethanol Preservative has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Phenoxyethanol Preservative market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Purity, the sub-segment i.e. 98% will boost the Phenoxyethanol Preservative market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Phenoxyethanol Preservative market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Phenoxyethanol Preservative Market Dynamics:
Attributes | Details |
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Growth Drivers | - Prominent Growth of Phenoxyethanol Preservatives in Cosmetics and Toiletries Application Segment
- Use of Phenoxyethanol in Pharmaceutical Products like Antibiotic Ointments, Vaccines, and Ear-Drops
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Influencing Trends | - Huge Demand for Natural Ingredients in Cosmetics and Personal Care Products Can Increase Adoption of Organic Phenoxyethanol
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Restraints | - Ban on the Use of Phenoxyethanol as Preservative for Cosmetic Products in Japan and Some European Countries
- Allergic Reactions to Phenoxyethanol in Some Individuals May Hamper the Growth
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Road Blocks / Challenges | - Easy Availability of Phenoxyethanol Substitutes Such as Ethylhexylglycerin and Leuconostoc/Radish Root Ferment Filtrate in the Market
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Gaps & Opportunities | - Rapidly Increasing Demand for Cosmetics and Beauty Products in Countries like China and United States
- Significant Growth of Phenoxyethanol Preservatives in Cosmetics Used for Decorative Purpose
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According to the European Commission regulations, phenoxyethanol preservatives are authorized for use in cosmetics or personal care formulations up to 1 % concentration, while banned on use in baby or children's personal care products.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Phenoxyethanol Preservatives Manufacturers, Phenoxyethanol Preservatives Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Regulatory Bodies, Research Organizations, End User Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.