Global Phenoxyethanol Market Assessment and Findings Based on Product and Application Analysis for the Period 2017-2025

in chemicals •  7 years ago 

Albany, New York, February 27, 2018: The global market discussion on phenoxyethanol can be found in the latest study added to the vast repository of Market Research Hub (MRH). The report is titled “Phenoxyethanol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. As per the active research evaluations, the global market for phenoxyethanol has several large and small manufacturers spread across the globe, which makes it a highly competitive market. As per the findings, the global phenoxyethanol market will expand at a CAGR of 4.9% between 2017 and 2025, rising from a valuation of US$170.3 mn in 2016 to US$260.3 mn by 2025.

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Phenoxyethanols are a simple aromatic primary alcohol variety. It is chiefly used as a fragrance component and preservative in several rinse-off and leave-on cosmetic products for instance lip and eye make-up, water-based skin lotions, perfumes and deodorants, and nail polish removers. This research report finds that the home care industry is also providing promising growth opportunities to the market as phenoxyethanol is used as a preservative in several cleaners due to its broad spectrum of antibacterial activities against gram-positive and gram-negative bacteria.

Research Inclusions

This analytical research report covers various segments of global phenoxyethanol market on the basis of product type analysis, application analysis and regional analysis. The research report also includes forecast analysis for a period of eight years, starting from 2017 (base year) till 2025 (assessment year). Various trends, developments, challenges and drivers that impact the growth of the phenoxyethanol market are analyzed and their changing dynamics across key regions of Latin America, North America, Asia Pacific, Middle East and Africa (MEA) and Europe is included in this research study. Further, it provides the competitive landscape of key players in the phenoxyethanol market in order to highlight the state of competition therein.

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From a geographical perspective, the report states that Asia Pacific leads the global phenoxyethanol market in terms of volume and value and accounted for more than 40% value share of the global phenoxyethanol market in 2016. Asia Pacific is also anticipated to remain the market leader over the forecast period, as China alone produces significant volumes of phenoxyethanol.

Moving further, the market segmentation on the basis of product type include Phenoxyethanol P5. Phenoxyethanol P25. Out of the two, the segment of phenoxyethanol P5 presently leads owing to the rising demand for phenoxyethanol grades with low free-phenol content.

The final section of the report deals with the competitive landscape targeting the major players profiled in the report. Finetech Industry Limited, The Dow Chemical Company, BASF SE, Lonza, Procter & Gamble Co. (P&G), Ashland Inc., Galaxy Surfactants Ltd., and Penta Manufacturing Company, LLC are some of the players outlined in the study.

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