Propylparaben Market

Propylparaben Market – Size, Share, and Market
Outlook till 2027
The global propylparaben market size is estimated to witness significant growth in
the next few years, and grow at a CAGR of 6.1% over the forecast period (2019 2027).
Market Overview
Propylparaben is a white powder (or colourless crystals) carrying a feeble fragrant
odor. The substance is low on toxicity and is tasteless, with pH levels between 6.5
and 7.0. It is usually found in plants and in some insects, and can be synthetically
produced for application in personal care products, food, and pharmaceuticals. It is
primarily used in water-based products such as cosmetics, shampoos, lotions, and
other similar products.
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Propylparaben is a member of the paraben family, and is used as an additive and
preservative in industries such as personal care, pharmaceutical, and food
processing. Cosmetics and food products are susceptible to bacterial and fungal
growth if not stored with preservatives. Polyparaben has anti-microbial properties
which allows it to effectively inhibit growth of bacteria and fungi even when it is
present in low concentration.
Market Dynamics
Due to its range of advantages such as low toxicity, and antifungal and antimicrobial
properties, propylparaben finds primary application as a food additive in the food and
beverage industry. Parabens inhibit growth of microorganisms and increase a
product's shelf life by preventing mold, bacterial and yeast growth. Furthermore, the
cost for producing propylparaben is relatively low, which is why it is used on a wide
scale in production of personal care products such as shampoos, moisturizes,
conditioners, bath soaps, shower gels, sunscreen, and deodorants among others. It
is also used extensively in cosmetics such as mascaras, lipsticks, compacts, and
eye shadows. Research has found polyparaben to be non-toxic to mammals
(including humans) which makes it suitable for production of oral drugs and
Bio monitoring studies and analysis of food products have indicated that levels to
which consumers are exposed to paraben chemicals are not toxic and unlikely to
have health consequences. However, skin care specialists and dermatologists have
cautioned against the chemicals’ ability to cause an excessive amount of estrogen in
the body which can lead to internal inflammation. This has led to a decline in the
demand for additives containing parabens. Moreover, the European Union banned
five paraben based chemicals including benzylparaben, in 2014. Cosmetics
containing benzylparaben have been banned in South Asia owing to its ability to
unsettle hormonal activities.
Market Outlook
North America is expected to dominate the global propylparaben market owing to the
high demand for propylparaben in the region, as well as the presence of key players
engaged in manufacturing cosmetics and pharmaceuticals. Asia Pacific is projected
to be the second largest market as a result of increasing disposable income and
lifestyle changes, with Japan and China emerging as the highest contributors to the
market share in Asia Pacific. Demand for parabens is on the decline in Europe,
however demand for propylparaben is expected to grow over the forecast period.
The rapidly expanding food processing industry in Middle East and Latin America is
likely to drive demand for propylparaben in the regions.
Key Players
Some of the key suppliers and manufacturers of polyparaben in the global
polyparaben market include Hainan Zhongxin Chemical Co., Ltd, Cameo Health
Care, Alta Laboratories Ltd, Argos international, and Anhui Leafchem Co., Ltd.
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The global propylparaben market size is estimated to witness significant growth in the next few years, and grow at a CAGR of 6.1% over the forecast period (2019 - 2027).