Market Outlook
North America is expected to dominate the global propylparaben market owing to the high demand for propylparaben in the region, as well as the presence of key players engaged in manufacturing cosmetics and pharmaceuticals. Asia Pacific is projected to be the second largest market as a result of increasing disposable income and lifestyle changes, with Japan and China emerging as the highest contributors to the market share in Asia Pacific. Demand for parabens is on the decline in Europe, however demand for propylparaben is expected to grow over the forecast period. The rapidly expanding food processing industry in Middle East and Latin America is likely to drive demand for propylparaben in the regions.
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