Phenoxyethanol Market to Grow with a CAGR of 4.53% through 2030
Surge in research and development activities is
expected to drive the Global Phenoxyethanol Market growth in the forecast
period, 2026-2030.
According to TechSci Research report, “Phenoxyethanol
Market - Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F”, the Global Phenoxyethanol Market stood at USD 273.47
Million in 2024 and is anticipated to grow with a CAGR of 4.53% through 2030. Initiatives
taken by government based on phenoxyethanol has led to favorable market
conditions for the Global Phenoxyethanol Market. Several factors contribute to
the growth of various phenoxyethanol products.
In response to increasing consumer demand for natural
and clean-label products, manufacturers are investing significantly in R&D
to develop bio-based or naturally derived phenoxyethanol alternatives. This
shift aligns with the growing preference for environmentally conscious products
while maintaining the desired antimicrobial and preservative properties.
Governments in key markets such as the European Union, the United States, and Japan have established strict regulations regarding the safety and use of chemical preservatives, including Phenoxyethanol. The European Commission's Regulation (EC) No. 1223/2009 on cosmetic products, for instance, governs the use of preservatives in cosmetics, setting concentration limits for Phenoxyethanol at a maximum of 1%. Similarly, the U.S. Food and Drug Administration (FDA) provides guidelines for Phenoxyethanol use in cosmetic formulations. These regulations ensure that Phenoxyethanol is used safely, protecting consumers and enhancing the credibility of products that include it. Governments continuously monitor and update these standards, influencing how manufacturers formulate and label products.
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The Global Phenoxyethanol Market is segmented into sales
channel, end use, regional distribution, and company.
Based on Sales Channel, Indirect have
emerged as the dominating segment in the Global Phenoxyethanol Market in 2024. The
personal care and cosmetic industries, where phenoxyethanol is used in
formulations for shampoos, conditioners, moisturizers, and makeup products,
heavily rely on indirect applications. Manufacturers often purchase
phenoxyethanol in bulk to incorporate it into the production of large
quantities of products, which are then packaged and marketed to consumers. The
use of phenoxyethanol in this indirect capacity allows for efficient scaling of
production while maintaining the quality and safety of the final product.
Based on Region, North America have emerged as the fastest
growing region in the Global Phenoxyethanol Market in 2024. In North America,
stringent regulatory frameworks ensure that preservatives like phenoxyethanol
meet safety and efficacy standards, which bolsters consumer confidence in its
use. Additionally, the increasing awareness of product safety and the growing
preference for non-toxic, mild preservatives in pharmaceuticals and personal
care products have heightened the adoption of phenoxyethanol.
Major companies operating in Global Phenoxyethanol
Market are:
- Tristar Intermediates Pvt. Ltd.
- Galaxy Surfactants
- Liaoning Kelong Fine Chemical Co., Ltd.
- Guangzhou B-Ai Chemical Co., Ltd.
- Jiangsu Jiafeng Chemical Co.,ltd
- Unilong Industry Co., Ltd.
- Qingdao Food Additive Inc.
- Shandong Zhi Shang Chemical Co., Ltd.
- Zhejiang Multinpharma Co., Ltd.
- Jinan Future Chemical Co.,Ltd
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“One of the primary applications of nanotechnology in
the phenoxyethanol market is in the development of nanostructured delivery
systems. These include nanoencapsulation techniques, where phenoxyethanol is
encapsulated in nanoparticles, improving its stability and bioavailability.
This is particularly useful in cosmetic formulations where phenoxyethanol is
used to prevent microbial growth and prolong shelf life. By integrating
nanotechnology, manufacturers can achieve controlled release of the
preservative over extended periods, thereby reducing the need for high
concentrations and minimizing potential skin irritation”, said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Phenoxyethanol Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Sales Channel (Direct, Indirect), By End Use (Home & Personal Care, Dyes & Inks, Pharmaceuticals, Paints & Coating, Others), By Region and Competition, 2020-2030F”, has evaluated
the future growth potential of Global Phenoxyethanol Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Phenoxyethanol Market.
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