Global Preservative Blends Market was valued US$ 167.9 Mn. in 2019 and is estimated to grow at CAGR of 5.6 %, to reach US$ 260.9 Mn. during the forecast period from 2020 to 2027.
Global Preservative Blends Market
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Global Preservative Blends Market Definition:
Preservative Blends are the mixture of one or more essential preservative compound to prevent microbial growth (mold, bacteria, and yeast) on cosmetic products. The blends provide wide pH range, heat stable and offer broad-spectrum protection. Presence of water can efficiently propagate the growth of microorganisms in Cosmetic products. The most effective preservative found is parabens at killing fungi.
For Instance, A broad-spectrum preservative Nipaguard® POM is blended from Clariant, containing 15% methylparaben, 80% phenoxyethanol, and 5% piroctone olamine.
The research offers in-depth analysis of key manufacture and their business strategies with competitive analysis by regions and applications. Some of the prominent players are Spectrum Chemical, Troy Corp, Sharon Laboratories, Thor Personal Care, ISCA UK Ltd, the report has covered twenty key players across the world in the report.
Global Preservative Blends Market Dynamics:
The report covers worldwide Preservative Blends Market size in value and volume with market dynamics by region. All the segments and their detailed evaluation of the trends, opportunities, challenges and factors affecting the market analyzed in the report.
The driving factor for the growth of Preservative Blends is its widespread application of preservative in cosmetics & beauty care product. Growing consumer awareness concerning grooming and health hygiene are gaining consumption preference of personal care & cosmetics products. Furthermore, rapid urbanization and burgeoning middle-class population led to increasing demand for packed food products and is rising demand from food manufacturing industries for preservative blends.
The report has analyzed the impact of fluctuating raw material prices, stringent regulation on preservative blend market and profit margins of key players in the market by region. Report also has covered the pricing analysis of product by segment and region, which will help the stakeholders in the industry to take informed decision.
Global Preservative Blends Market: Market Segmentation
Based on application, personal care segment commanded highest market share of 43% in 2019. The personal care segment is expected to grow at CAGR of XX % to dominate the application segment in forecast period. Rising population & growing awareness amongst the end-users for hair care, grooming, personal care products and cost-effective properties is driving the market but dynamics are different in Europe, USA, Canada, APAC and Middle East, report has captured the dynamics at micro level. The report has not considered world market as homogeneous and analysis is done accordingly. Furthermore, increasing disposable income and changing lifestyle of the consumer in the developed and developing countries is expected to boost the personal care product demand and will simultaneously show positive impact on the market growth.
Based on product Type, Parabens is estimated as the largest preservative growing at a CAGR of XX% thanks to widespread application in skin care and hair care products. Paraben is widely used by the well-established vendor in manufacturing cosmetic product due to its excellent properties such as emulsifiers, antioxidants (vitamins), and surfactants.
Global Preservative Blends Market1
Global Preservative Blends Market: Geographical Analysis
Regionally, Asia Pacific held 35% of market share and expected to dominate the Preservative Blends market with the growth rate of X.XX % during the forecast period. It is likely to retain its dominance thanks to escalating demand for these preservatives in the home, personal care and beauty applications. Growing population coupled with rising disposable income will spot a lucrative growth of the market in this region. Emerging countries such as India and China and South Asian markets are expected to contribute the growth of market Preservative Blends market in Asia Pacific region. In 2019, market size was valued US$ XX Mn while in China, the market size was valued XX Mn and expected to reach US$ XX Mn by 2027.
Competitive Analysis: Global Preservative Blends Market:
The report of Global Preservative Blends Market analysis includes information of detailed analysis leading manufacturer’s, prominent vendors and upcoming trends & challenges that will influence market growth. Further, the adoption of variant strategic business activities such as acquisitions, mergers, collaboration, etc. are estimated to create productive opportunities for the global market over the forecast period.
The objective of the report is to present a comprehensive analysis of the Global Preservative Blends Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
Some of the Key Recent Trends Developments& Acquisition:
The report also helps in understanding Global Preservative Blends Market dynamics, structure by analyzing the market segments and projects the Global Preservative Blends Market size. Clear representation of competitive analysis of key players By Pathogen Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Preservative Blends Market make the report investor’s guide
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Global Preservative Blends Market, By Product Type
- Organic Acids
Global Preservative Blends Market, By Application
- Beauty Care
- Home Care
- Personal care
Global Preservative Blends Market, By Region
- North America
- Asia Pacific
- The Middle East and Africa
- Latin America
Global Preservative Blends Market, key Players
- ISCA UK Ltd
- Solay (Rhodia)
- BASF SE
- Sharon Laboratories
- Salicylates & Chemicals Pvt. Ltd
- Thor Personal Care
- Sharon Laboratories
- CISME Italy SRL
- Spectrum Chemical
- Schülke Inc.
- Dr. Straetmans GmbH
- The Dow Chemical Co.
- Clariant International Ltd.
- Troy Corp.
- Galaxy Surfactants
- Akema Fine Chemicals
- Sabinsa Corporation
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