Phenoxyethanol Preservatives Market- Global Industry Analysis and Forecast 2014-2020
Phenoxyethanol preservatives are a type of mono alkyl ethers, which are formed when ethylene oxide reacts with 2-Phenol. These are also obtained naturally from green tea. Phenoxyethanol preservatives possess an aromatic rose flavor with antibacterial property. Thus, these are widely used in cosmetics, ointments, detergents, and cleaners. Phenoxyethanol preservatives are largely used in home and personal care application industry, as these provide a broad spectrum of antibacterial properties. The market for phenoxyethanol preservatives is expanding at a substantial rate owing to robust growth in cosmetic products coupled with shift towards phenoxyethanol-based blends. Phenoxyethanol is present in leave-on and rinse-off personal care products with maximum concentration of up to 5% w/w. However, the dynamics for cosmetics differ in Japan and the European Union. According to the EU/ASEAN Cosmetics Directive, the maximum allowable concentration of phenoxyethanol preservatives is 1% w/w in Japan and the European Union. In terms of volume, phenoxyethanol P5 held a significant share of the global phenoxyethanol preservatives market in 2013 due to lower free phenol content (less than 5 ppm). Free phenol is considered toxic and impure in finished products. Browse The Full Market Report ,here : http://www.transparencymarketresearch.com/phenoxyethanol-preservatives-market.html
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