Latest Chemical Market Research Reports (Updates, News, Information, etc.)
Tuesday, February 26, 2019
Cosmetic Preservatives Market in Lotions, Facemasks, Sunscreens & Scrubs, By Region
The report "Cosmetic Preservatives Market by Type (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Quaternary Compounds, Organic Acids and Their Salts, Inorganics, Others), Application, & Region - Global Forecast to 2020", is expected to reach USD 348.3 Million by 2020, at a CAGR of 6.1% from 2015 to 2020. The European market is expected to grow at a high CAGR as compared to other regions. New product developments, rising demand for premium personal care products, awareness for better health and hygiene, and rising disposable income are factors influencing the overall demand of cosmetic preservatives market.
Some of the key players operating in the global cosmetic preservatives market include Lonza Group Ltd (Switzerland), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), and others.
Lotions, Facemasks, Sunscreens & Scrubs are major applications in the global cosmetic preservatives market
The growing awareness regarding beauty products is boosting sales for skin care products, which in turn, is increasing the demand for cosmetic preservatives. Lotions, facemasks, sunscreens & scrubs are some of the largest applications covered in cosmetic preservatives industry.
Phenol Derivatives dominates the global cosmetic preservatives market
Phenol derivatives have been used in cosmetic products for several years and are effective against a wide range of microbes. The most common type of phenol derivatives is phenoxyethanol, which is widely used in the chemical industry. Phenoxyethanol, a glycol ether, is used on a large scale in cosmetic products as a preservative, and has emerged as the best alternative to parabens. Phenol derivatives are used as stabilizing agents in various products, such as perfumes, sunscreens, shampoos, ointments, and creams.
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