Phenoxyethanol Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Phenoxyethanol can also be referred to as glycol ether or phenol ether. Phenoxyethanol is used as a stabilizer, preservative, or antibacterial in fragrances, perfumes, cleansers, and soaps to prevent goods from losing their effectiveness or spoiling. Phenoxyethanol is a fixative used in cosmetics, perfumes, and soaps. It is also used as a preservative in cleaning and home furnishing products.

MARKET DYNAMICS

The growing demand for phenoxyethanol from the personal care and cosmetics industries is expected to drive the phenoxyethanol market over the forecast period. Phenoxyethanol is commonly used in cosmetics, home care, and personal care products as a fragrance ingredient (color cosmetics, wipes, skin and hair care products, detergents, and cleaners). It has aromatic properties that can improve the fragrance of any skincare product. According to the European Commission's Scientific Committee on Consumer Safety's study 'Opinion on Phenoxyethanol' published in 2016, the amount of 2-phenoxyethanol used as a fragrance component in all finished consumer product categories is in the range of 100-1,000 metric tonnes annually. However, the harmful effects of phenoxyethanol on human health are expected to be a significant factor hindering market development.

MARKET SCOPE

The "Global Phenoxyethanol Market Analysis to 2031 " is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the phenoxyethanol market with detailed market segmentation by product, application and geography. The global phenoxyethanol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading phenoxyethanol market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global phenoxyethanol market is segmented on the basis of product and application. On the basis of product the global phenoxyethanol market is segmented into phenoxyethanol P5 and phenoxyethanol P25. Based on application the global phenoxyethanol market is segmented into personal care, home care, pharmaceuticals, inks and dyes, paint additive, architectural, industrial coatings, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global phenoxyethanol market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The phenoxyethanol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the phenoxyethanol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the phenoxyethanol market in these regions.

MARKET PLAYERS

The reports cover key developments in the phenoxyethanol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from phenoxyethanol market are anticipated to lucrative growth opportunities in the future with the rising demand for phenoxyethanol in the global market. Below mentioned is the list of few companies engaged in the phenoxyethanol market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the phenoxyethanol market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   DowDuPont Inc.
  
•   BASF SE
  
•   Clariant AG
  
•   Air Liquide Group
  
•   Ashland Global Holdings Inc.
  
•   Lonza Group Ltd.
  
•   Penta International Corporation
  
•   Galaxy Surfactants
  
•   Akema Fine Chemicals
  
•   Procter & Gamble Co.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Phenoxyethanol Report Scope