Phenoxyethanol market leading manufacturers with latest trends forecast to 2027

Phenoxyethanol is additionally referred to as glycol ether or phenol ether. In fragrances, perfumes, cleansers, and soaps, phenoxyethanol is employed as stabilizer, preservative, or antibacterial so as to stop products from losing their effectiveness or spoilage. Phenoxyethanol is employed as a fixative for cosmetics, perfumes, and soaps. it’s also used as preservative in cleaning & furnishing home care products, pharmaceutical products, ink, toner, and colorant products.

Increasing demand for phenoxyethanol from care & cosmetics industry is predicted to spice up growth of the phenoxyethanol market over the forecast period. Phenoxyethanol is essentially used as a fragrance component in cosmetics, home care, and private care products (color cosmetics, wipes, skin and hair care products, detergents, and cleaners). it’s aromatic properties which will optimize the scent of any skin product. as an example , consistent with Scientific Committee on Consumer Safety’s report ‘Opinion On Phenoxyethanol’ published by European Commission in 2016, the quantity of 2-phenoxyethanol used as a fragrance ingredient altogether finished consumer product categories is within the range of 100-1,000 metric tons annually, worldwide.

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Top Key Players in Phenoxyethanol  market: DowDuPont, Inc., BASF, SE, Clariant, AG, Air, Liquide, Group, (Schulke, &, Mayr), Ashland, Global, Holdings, Inc., Lonza, Group, Ltd., Penta, International, Corporation, Galaxy, Surfactants, and, Akema, Fine, Chemicals.

Regional Analysis:

The market research report on the global Phenoxyethanol market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered:

  • North America (the United States, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America (Brazil, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
  • Detailed Segmentation:

    • Global Phenoxyethanol Market, By Application:
      • Home & Personal Care
      • Pharmaceuticals
      • Dyes & Inks
      • Paint & Coatings
      • Others
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According to ‘Personal Care & Cosmetics Products Country Guide: Australia’, published by the U.S. Department of Commerce in 2016, Australia’s total care and cosmetics market was estimated at US$ 3.4 billion in 2015. Moreover, the report also states that average annual spending on cosmetics is US$ 146 in Australia and US$ 223 in Japan, which is higher as compared to US$ 139 within the U.S. Therefore, increasing spending on care products is predicted to steer to high demand for private care products and thereby, drive growth of the phenoxyethanol market in Asia Pacific.

Among applications, the house & care segment accounted for the most important revenue share of 31.8% within the global phenoxyethanol market in 2018, and is predicted to take care of its dominance over the forecast period. Phenoxyethanol is employed in home and private care products. Home and private care industry is witnessing significant growth worldwide, which successively is predicted to propel growth of the phenoxyethanol market. as an example , consistent with annual report 2016 of Cosmetics Europe, the worldwide cosmetics and private care products industry accounted for US$ 295.05 Bn in 2016, of which Europe accounted for US$ 87.38 Bn, the U.S. for US$ 72.63 Bn, and China for US$ 46.53 Bn. Therefore, significant growth of the private care products industry worldwide is predicted to extend demand for phenoxyethanol.

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