Phenoxyethanol Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Phenoxyethanol Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Phenoxyethanol is an oily and slightly sticky liquid with a faint rose-like smell. It is used as a preservative in various applications in pharmaceuticals, paints & coatings, dyes & inks, insect repellent, aquaculture, and metal working fluids. Phenoxyethanol is also used as an insect repellent or as an anesthetic in fish aquaculture. Aquaculture has the potential to become sustainable solution of fish production to cater to increasing demand for fish and fish products.
For instance, according to the report ‘The State of World Fisheries And Aquaculture’ published by Food and Agricultural Organization (FAO) in 2021, the global apparent consumption of fish increased to around 151 million tons in 2016, from around 140 million tons in 2013, whereas worldwide edible fish consumption in 2030 is projected to be 20% higher than that in 2016. Therefore, increasing demand for fish and fish products is expected to fuel growth of the aquaculture industry, thereby propelling demand for phenoxyethanol.
Market Dynamics
Increasing consumer spending on cosmetics and personal care products, upsurging digital engagement activities, and shifting of distribution channels to e-commerce platforms some of the factors propelling growth of the home & personal care products industry. This scenario is expected to create higher revenues for the phenoxyethanol market over the forecast period.
Among regions, in 2021, Asia Pacific held dominant position in the phenoxyethanol market and contributed revenue share of 33.1% in the global market. This is attributed to significant growth of the cosmetics and personal care industry coupled with the expansion of pharmaceutical industry in the region.
According to India Brand Equity Foundation (IBEF), India cosmetics and personal care market was valued at US$ 6.5 Bn in 2016, and is expected to reach US$ 20.0 Bn by 2025, backed by increasing disposable income of the population and increasing awareness regarding aesthetic appeal. This scenario is expected to propel demand for phenoxyethanol from the cosmetics and personal care industry over the forecast period.
Key features of the study:
This report provides in-depth analysis of phenoxyethanol market and provides market size (US$ Mn & KT) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global phenoxyethanol market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, DowDuPont Inc., BASF SE, Clariant AG, Air Liquide Group (Schulke & Mayr), Ashland Global Holdings Inc., Lonza Group Ltd., Penta International Corporation, Galaxy Surfactants, and Akema Fine Chemicals
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global Phenoxyethanol market report caters to various stakeholders in this industry including investors, suppliers, phenoxyethanol manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the phenoxyethanol market
Detailed Segmentation:
Global Phenoxyethanol Market, By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Global Phenoxyethanol Market, By Region:
North America
U.S.
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Canada
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Mexico
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Europe
U.K.
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Germany
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
France
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Italy
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Spain
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Russia
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Rest of Europe
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Asia Pacific
China
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
India
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Japan
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
South Korea
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
ASEAN
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Australia
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Rest of Asia Pacific
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Middle East & Africa
Middle East
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Africa
By Application:
Home & Personal Care
Pharmaceuticals
Dyes & Inks
Paint & Coatings
Others
Company Profiles
DowDuPont Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
BASF SE
Clariant AG
Air Liquide Group (Schulke & Mayr)
Ashland Global Holdings Inc.
Lonza Group Ltd.
Penta International Corporation
Galaxy Surfactants
Akema Fine Chemicals
“*” marked represents similar segmentation in other categories in the respective section.