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The demand for parabens market 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.
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.
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Market Analysis and Insights: Global Parabens Market
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.
Country Level Analysis of Parabens Market
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.
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.
Leading Brands in 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.
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: Parabens Market
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