Transparency Market
Research
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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Press Release
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...