Global Phenoxyethanol (CAS 122-99-6) Market Outlook, 2029

According to publisher, Here is the Global Phenoxyethanol (CAS 122-99-6) Market Report.

Market Insights
Phenoxyethanol is a widely used preservative in the cosmetics and personal care industry. The global phenoxyethanol market was valued at around USD 210.1 million in 2022 and is projected to grow at a CAGR of over 4.6% during the forecast period 2023-2029. This growth is driven by the increasing demand for safe and effective cosmetic products with longer shelf lives.

Market Dynamics
Rising Consumer Demand for Natural Cosmetics: Consumers are increasingly opting for natural and organic cosmetics, which often rely on phenoxyethanol as a paraben-free preservative. This trend is expected to propel market growth.
Stringent Regulations on Preservatives: Regulatory restrictions on the use of certain preservatives like parabens are creating opportunities for phenoxyethanol as a safer alternative.
Growing Personal Care Market: The expanding global personal care market, particularly in Asia Pacific, is a significant driver for phenoxyethanol demand.

Market Segments
By Application:
Cosmetics & Personal Care (dominant segment, used in skincare, haircare, makeup etc.) - Example: L'Oreal utilizes phenoxyethanol in some of its popular moisturizer formulations.
Household Products (used in detergents, cleaners etc.) - Example: Diversey utilizes phenoxyethanol in some of its commercial cleaning solutions.
Paints & Coatings (niche application)
Pharmaceuticals (limited use as a preservative)
By Region:
Asia Pacific (holds the largest market share due to rising disposable income and growing beauty consciousness)
North America (established market with strong regulations)
Europe (significant market with focus on natural ingredients)

Regional Analysis
Asia Pacific is expected to witness the fastest growth rate due to factors like a booming cosmetics industry and increasing consumer spending on personal care products.
North America represents a mature market with established regulations governing the use of phenoxyethanol.
Europe exhibits a strong demand for natural and organic cosmetics, driving the use of phenoxyethanol as a paraben-free alternative.



Key Developments
Manufacturers are developing new and innovative phenoxyethanol derivatives with improved functionalities, like enhanced preservation efficacy or milder properties.
The focus on bio-based ingredients is leading to the exploration of bio-derived phenoxyethanol options to cater to the growing demand for sustainable products.
Mergers and acquisitions within the specialty chemicals industry can impact the phenoxyethanol market landscape.

Competitive Landscape
The phenoxyethanol market is moderately consolidated with a presence of established players and regional participants. Some key players include:
BASF SE (Germany)
Clariant AG (Switzerland)
Lanxess AG (Germany)
Ashland Global Holdings Inc. (US)
Lonza Group AG (Switzerland)
These companies are focusing on expanding their production capacities, developing innovative product offerings, and strengthening their distribution networks to gain a competitive edge.