Global Ethylparaben Market – Description
Ethylparaben is mainly used as antiseptics in cosmetics, food and medicine. It is also can be used as feed preservatives and antiseptic for bacteria. Ethylparaben is readily absorbed from the gastrointestinal tract or through the skin. It is an ethyl ester resulting from the formal condensation of the carboxy group of 4-hydroxybenzoic acid with ethanol, It has a role as an antimicrobial food preservative, an antifungal agent, a plant metabolite and a phytoestrogen. It is a paraben and an ethyl ester.
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Global Ethylparaben Market – Overview
It is estimated for the Global Ethylparaben Market to grow at a healthy CAGR during the forecast period of 2022 to 2030. The market witnessed growth at a stable CAGR during the previous forecast period of 2018 to 2021.
Ethylparaben is an ethyl ester resulting from the formal condensation of the carboxy group of 4-hydroxybenzoic acid with ethanol, It has a role as an antimicrobial food preservative, an antifungal agent, a plant metabolite and a phytoestrogen. It is a paraben and an ethyl ester.
The wide range of usage of the product is estimated to boost the growth of the market during the forecast period. The growing demand for preserved in the market is the major region for the growth of the market during the forecast period.
The market is also witnessing rapid growth owing to the increasing number of food outlets in market in the recent day all around the globe. These outlets offer a variety of preserved foods and these preserves serve to be the source of the market during the forecast period of 2022 to 2030.
Global Ethylparaben Market – Key Trends
Wide range of usage to boost the growth of the market
Ethylparaben is an ethyl ester resulting from the formal condensation of the carboxy group of 4-hydroxybenzoic acid with ethanol, It has a role as an antimicrobial food preservative, an antifungal agent, a plant metabolite and a phytoestrogen. It is a paraben and an ethyl ester. The wide range of usage of the product is estimated to boost the growth of the market during the forecast period.
An increasing number of food outlets to boost the growth of the market
The market is also witnessing rapid growth owing to the increasing number of food outlets in market in the recent day all around the globe. These outlets offer a variety of preserved foods and these preserves serve to be the source of the market during the forecast period of 2022 to 2030. The growing demand for preserved in the market is the major region for the growth of the market during the forecast period.
Global Ethylparaben Market – Segmental Assessment
By Type
• Purity ≥98%
• Purity ≥99%
It is estimated for the Purity 98% to drive the growth of the market during the forecast period.
By Application
• Food Industry
• Pharmaceuticals
• Personal Care and Cosmetics
• Others
It is estimated for the food industry to witness growth at the highest rate in the market during the forecast period.
Global Ethylparaben Market – Geographical Landscape
It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a stable rate during the forecast period. The market in Europe is projected to grow at a healthy CAGR during the forecast period. The growing population in the emerging economies of China and India coupled with the rising population in these countries is estimated to boost the growth of the market during the forecast period of 2022 to 2030.
Report Scope
Global Ethylparaben Market : Historical Years (2018 to 2021)
Global Ethylparaben Market : Forecast years (2022 to 2030)
Key Segments Reported
By Type (Purity ≥98% and Purity ≥99%)
By Application (Food Industry, Pharmaceuticals, Personal Care and Cosmetics and Others)
Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World
The major players in the market include, Zhejiang Shengxiao Chemicals, Gujarat Organics, Wuhu Huahai Biology Engineering, Zhejiang Wumei Biotechnology, Wuhan New Land Environmental Protection Materials, Jiangsu Bvco Biological and Anhui Jin’ao Chemical.
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