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PHENOXYETHANOL PRESERVATIVES MARKET ANALYSIS

Phenoxyethanol Preservatives Market, By Product Type (Phenoxyethanol P5, Phenoxyethanol P25), and By Application (Home and personal care (Cosmetics, Perfumes, Detergents, and Ointments), Pharmaceuticals, Dyes and inks, others), and By Region (North America, Europe, Asia-pacific, and Rest of the World) – Size, Share, Outlook and Opportunity Analysis, 2023 – 2030

Market News

 Global Phenoxyethanol Preservatives Market: Recent Developments

In June 2023, Procter & Gamble China (P&G China), specialized in a personal care and hygiene products and Dow, a multinational materials science company, have announced a partnership for an air capsule e-commerce packaging. The air capsule aims to deliver an effective and efficient way to protect products while avoiding excessive packaging in e-commerce and facilitating recycling. It is made possible by P&G China's innovation and Dow's materials.

In June 2023, in its 150-year history, HEINZ announces "It Has to be HEINZ," a new global platform that represents the brand's first unification under a single creative strategy. The advertising campaign honors the brand by showcasing the irrational love that people have for HEINZ, from the romantic relationships that real fans have with the company to the care and love that goes into creating each of its products.

On April 2023, for the fiscal year 2022, Penta has reported a net profit of €529 million. With capital expenditures totaling €882 million in 2022, the group will be able to continue making significant investments in its portfolio of companies thanks to the consistent profits generated.

On Feb 2023, Spectrum Chemical Mfg. Corp, a major international supplier of specialty, fine, and cGMP chemicals, announced the addition of numerous new raw materials to its bioCERTIFIED product line for use in R&D and the manufacturing of biopharmaceuticals.

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