Global 2-Phenoxyethanol Market Size By Type, By Application, By Geographic Scope And Forecast

2-Phenoxyethanol Market Size And Forecast

2-Phenoxyethanol Market size was valued at USD 121.5 Million in 2023 and is projected to reach USD 188.2 Million by 2030, growing at a CAGR of 4.6% from 2024 to 2030.

Rising awareness about the side effects of synthetic cosmetics coupled with the improved lifestyle and increasing consumer spending on cosmetics products has led to an increase in demand for natural cosmetics products such as cosmetics made from phenoxyethanol preservatives. The Global 2-Phenoxyethanol Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global 2-Phenoxyethanol Market Definition

Phenoxyethanol refers to a chemical preservative commonly known as a glycol ether that is widely used in dermatological products including sunscreen and skin creams. Phenoxyethanol is a colorless and oily liquid. It is also used in numerous applications including pharmaceuticals, cosmetics, and vaccines as a preservative to preserve fluid protein concentrates.

Global 2-Phenoxyethanol Market Overview

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Rising awareness about the side effects of synthetic cosmetics coupled with the improved lifestyle and increasing consumer spending on cosmetics products has led to an increase in demand for natural cosmetics products such as cosmetics made from phenoxyethanol preservatives. Expanding distribution networks to an e-commerce platform and rapid digitalization are further providing a significant boost in the sales of cosmetics and pharmaceutical products, which is expected to contribute to the increased growth of the global 2-Phenoxyethanol Market during the forecast period. However, the rigorous process of product testing and approval by the Food and Drug Administration may hamper the market growth.

Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global 2-Phenoxyethanol Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global 2-Phenoxyethanol MarketSegmentation Analysis

The Global 2-Phenoxyethanol Market is Segmented on the basis of Type, Application, and Geography.

2-Phenoxyethanol Market, By Type

• Cosmetic Grade• Pharmaceutical Grade

Based on Type, the market is segmented into Cosmetic Grade and Pharmaceutical Grade.

2-Phenoxyethanol Market, By Application

• Home & Personal Care• Pharmaceuticals• Dyes & Inks• Paint & Coatings• Others

Based on Application, the market is segmented into Home & Personal Care, Pharmaceuticals, Dyes & Inks, Paint & Coatings, and Others.

2-Phenoxyethanol Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global 2-Phenoxyethanol Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global 2-Phenoxyethanol Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as BASF SE, The Dow Chemical Company, Ashland Global Holdings Inc., Clariant Ltd., LANXESS AG., Lonza Group Ltd., Galaxy Surfactants Ltd., Akema S.r.l., Merck KGaA, Zhonglan Industry Co. Ltd.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.