Global Phenoxyethanol Preservatives Market: Players Can Expect Demand Surge from Cosmetics Industry, Says Tmr

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Phenoxyethanol Preservatives Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2014 - 2020

Published Date

29-April-2015

98 Page Report

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Global Phenoxyethanol Preservatives Market: Players can

Expect Demand Surge from Cosmetics Industry, says TMR

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Phenoxyethanol Preservatives Market

REPORT DESCRIPTION

Phenoxyethanol Preservatives Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2014 - 2020

The global phenoxyethanol preservatives market witnesses a high degree of competition, thanks to increasing

consolidation activities by leading players, finds a new report by Transparency Market Research (TMR). In

2013, the market demonstrated a moderately fragmented landscape where the top four companies, namely,

BASF SA, Galaxy Surfactants Ltd., The Dow Chemical Co., and Clariant Corp., could hold a share of only

49.4%. Currently, these players are focusing more on cost reduction through innovation in products and

technologies in order to gain an edge over their competitors.

As per TMR, the opportunity in the global market for phenoxyethanol preservatives is likely to increase at a

CAGR of 5.90% during the period from 2014 to 2020 and reach a value of US$143.2 mn by the end of the

forecast period. Currently, the home and personal care sector is leading the demand for phenoxyethanol

preservatives. The segment is expected to retain its position in the coming years, with demand share

increasing to 45.3% by 2020.

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Increasing Production of Synthetic Preservatives to Ensure Asia Pacific’s Dominance

The report also presents a geographical analysis of the worldwide phenoxyethanol...