Global Preservatives Blend Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Preservatives Blend Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Preservatives Blend is the synthetic preservative used to preserve certain products like cosmetics, personal care products, home care products, food products and others by avoiding their decomposition or fermentation by microbial growth or by other undesirable chemical changes are known as preservative blends. It extends the shelf life of the product and keep their unique aroma, color and consistency. Products such as cosmetics, home care, personal care and food products are easily exposed to moist and warm environment, which is the perfect conditions for bacteria and mold to flourish.

Market Overview:

The latest research study on the global Preservatives Blend market finds that the global Preservatives Blend market reached a value of USD 197.36 million in 2022. It’s expected that the market will achieve USD 258.37 million by 2028, exhibiting a CAGR of 4.59% during the forecast period.

Opportunities

Improve performance
With the progress in science and technology, more advanced production methods, investment of companies, there will be more cost effective, high performance product in the future.
Emerging countries
For example, China, India are developing their industries, with the progress of economy and technology, also due to the increasing demand for preservative blends in industries such as pharmaceuticals, healthcare, home, beauty, personal care, food & beverages and others, the market of Preservatives Blend has great market potential.

Region Overview:

Europe dominated the Preservatives Blend market in 2022, with a market share of 38%.

Company Overview:

Lonza Group is one of the major players operating in the Preservatives Blend market, holding a share of 13.78% in 2023.

Lonza Group

Lonza Group is a Swiss multinational, chemicals and biotechnology company, headquartered in Basel, with major facilities in Europe, North America and South Asia. Lonza was established under that name in the late 19th-century in Switzerland.

Ashland

Ashland Global Specialty Chemicals Inc. is an American chemical company which operates in more than 100 countries. Headquartered in Covington, Kentucky, the company traces its roots back to the city of Ashland, Kentucky, where it was headquartered from 1924 to 1999.

Segmentation Overview:

Among different product types, Parabens segment is anticipated to contribute the largest market share in 2028.

Parabens

Parabens are a class of widely used preservatives in cosmetic and pharmaceutical products. Chemically, they are a series of parahydroxybenzoates or esters of parahydroxybenzoic acid. Parabens are effective preservatives in many types of formulas.

Phenol Derivatives

Phenols are a class of organic compounds containing a hydroxyl group and a benzene ring, the simplest of which is referred to as phenol.

Halogenated

Halogenation is a chemical reaction that involves the addition of one or more halogens to a compound or material.

Alcohols

In chemistry, an alcohol is any organic compound in which the hydroxyl functional group (–OH) is bound to a carbon.

Organic Acids

An organic acid is an organic compound with acidic properties. The most common organic acids are the carboxylic acids, whose acidity is associated with their carboxyl group –COOH.

Application Overview:

By application, the Personal Care segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Preservatives Blend market covered in Chapter 3:

Schulke & Mayr GmbH
Evonik Dr. Straetmans GmbH
Troy Corporation
Zhejiang Shengxiao Chemical Co., Ltd.
The Dow Chemical Co.
Lonza Group
Lanxess
Shanxi Huarun Shiye Co., Ltd.
Clariant International Ltd.
Ashland
Thor Personal Care
Salicylates & Chemicals Pvt. Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Preservatives Blend market from 2018 to 2029 is primarily split into:

Parabens
Phenol Derivatives
Halogenated
Alcohols
Organic Acids
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Preservatives Blend market from 2018 to 2029 covers:

Beauty
Home
Personal care
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)