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

Published In : Jul 2023
Code : CMI4070
Pages :120
Formats :
Excel and PDF
Industry : Specialty and Fine Chemicals

Phenoxyethanol Preservatives MarketSize and Trends

The Global Phenoxyethanol Preservatives Market is projected to reach around US$ 294 Millions by the end of 2030, in terms of revenue, growing at CAGR of 6.5% during the forecast period (2023-2030).

Global Phenoxyethanol Preservatives Market: Trends

Growing use of phenoxyethanol to replace parabens

Increasing replacement of parabens with phenoxyethanol is a major trend in the market. This is attributed to the growing demand for safe and paraben-free cosmetic products. Moreover, increasing investment by manufacturers in R&D to develop better efficacy phenoxyethanol preservative blends for various cosmetic products is further anticipated to accelerate the market growth of phenoxyethanol preservatives over the forecast period.