Global Parabens Market, By Product Type (Methylparaben, Propylparaben, Butylparaben, Ethylparaben, Others), Application (Preservatives, Others), End Use (Pharmaceutical, Cosmetics and Personal Care, Food, Chemical Industry, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The demand for parabens will hit an approximate valuation of USD 130.85 million by 2028, with growth of 6.20% for the projected period from 2021 to 2028. The market report on parabens analyses the growth that is currently rising due to the increasing use of parabens as preservatives in cosmetic products.
Parabens are p-hydroxybenzoic acid esters, some of which include methylparaben, propylparaben, butylparaben, ethylparaben, phenoxyethanol, among others. As para-hydroxybenzoic acid is reacted with an appropriate alcoholic group such as methyl, ethyl or n-propyl groups, esterification reactions are used to generate parabens. Due to their high solubility in the bacterial membrane resulting in high anti-microbial activity, parabens are active against a wide variety of micro-organisms and are often used as a preservative for various cosmetic ingredients.
The growing levels of disposable income of the people along with changing lifestyle of the consumers, increasing awareness among the consumer regarding the benefits of the personal care products, rising applications of the product in cosmetics industry due to its anti-microbial properties, growing levels of population along with rising preferences towards the usages of high quality products are some of the major as well as important factors which will likely to accelerate the growth of the parabens market in the projected timeframe of 2021-2028. On the other hand, rising demand for processed food such as seasoning sugar, oil and fats, processed vegetables and others along with increasing applications from various industries which will further contribute by generating immense opportunities that will led to the growth of the parabens market in the above mentioned projected timeframe.
Increasing demand of the natural substitutes as preservatives along with increasing occurrences of various skin reactions which will likely to act as market restraints factor for the growth of the parabens in the above mentioned projected timeframe. Ban on various parabens such as isopropyl-, isobutyl-, pentyl-, benzyl-, and phenyl- parabens which will become the biggest and foremost challenge for the growth of the market.
This parabens market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on parabens market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Parabens Market Scope and Market Size
Parabens market is segmented on the basis of product type, end use, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the parabens market is segmented into methylparaben, propylparaben, butylparaben, ethylparaben, and others. Others have been further segmented as phenoxyethol.
- Parabens market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for parabens market includes preservatives, and others. Others have been further segmented as chemical.
- Based on end use, the parabens market is segmented into pharmaceutical, cosmetics and personal care, food, chemical industry, and others. Others have been further segmented as agrochemicals. Personal care industry will hold the largest market share due to the rising usages of the parabens as preservatives.
Parabens Market Country Level Analysis
Parabens market is analysed and market size, volume information is provided by country, product type, end use, and application as referenced above.
The countries covered in the parabens market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America, and Asia-Pacific dominates the parabens market due to the increasing levels of disposable income of the people along with increasing demand of the cosmetics, and processed food product in the region. The U.K. region is expected to hold the largest growth rate in the Europe parabens market due to the increasing sales of the pharmaceutical products along with rising usages of parabens as preservatives in pharmaceutical processing.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Parabens Market Share Analysis
Parabens market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to parabens market.
The major players covered in the parabens market report are UENO FINE CHEMICALS INDUSTRY,LTD.; Gujarat Organics Limited.; Sharon laboratories; Zhejiang Shengxiao Chemical Co., Ltd.; Paraben Corporation; Avon; Nu Skin International, Inc.; Unilever; Croda International Plc; DuPont.; SABIC; The Estée Lauder Companies Inc.; Sinerga S.p.A.; Pharmacos; Coptis; Procter and Gamble.; L’Oréal Paris; Johnson & Johnson Consumer Inc.; by Starflower Essentials.; Gordon Labs, Inc.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Parabens Market
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