(I-BusinessNews.Com, November 29, 2018 ) Sodium methylparaben Market: An Overview
Sodium methylparaben, also known as the sodium salt of methylparaben, is a preservative used by the pharmaceutical, food & beverage and cosmetics & personal care industries. Sodium methylparaben is generally found in fruits, such as blueberries, where it performs antimicrobial activity. Sodium methylparaben can be completely absorbed, hydrolysed and rapidly excreted through urine. There is negligible evidence of accumulation and hence, sodium methylparaben is included in the “Safe List” of Food and Drug Administration (FDA). Also, Sodium methylparaben based products witness large demand from the food sector where it is used as a food additive with the E number E219.
Global Sodium methylparaben Market: Dynamics
Growth in the application of sodium methylparaben-based products in food, cosmetics and pharmaceutical industries is expected to drive the demand for sodium methylparaben over the forecast period. Growing applications of sodium methylparaben as an additive in the food & beverage sector, particularly as a preservative in baked goods, jams & jellies, creams, dairy products, syrups, seasonings, oils, processed vegetables and other beverages, is further expected to fuel the growth of the sodium methylparaben market over the forecast period.
However, according to an independent study, sodium methylparaben can increase the risk of breast cancer, damage skin cells & eye cornea and can also affect male fertility. These factors are likely to hamper the demand for sodium methylparaben.
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Global Sodium methylparaben Market: Segmentation
Globally, the Sodium methylparaben market can be segmented on the basis of product type, application and region.
On the basis of product type, the global Sodium methylparaben market is segmented as:
Food Grade Sodium Methylparaben
Pharma Grade Sodium Methylparaben
Cosmetics Grade Sodium Methylparaben
On the basis of application, the global Sodium methylparaben market is segmented as:
Food & Beverage Additives
Medical Care
Ophthalmic medications
Herbal preparations
Parenteral / Sterile solutions
Others
Preservative in cosmetic products
Others
On the basis of region, the global Sodium methylparaben market is segmented as:
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of Latin America
Europe
EU – 4 (Germany, France, Italy, Spain)
U.K.
Benelux (Belgium, Netherlands, Luxemburg)
Nordic (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
Rest of Europe
CIS & Russia
Japan
APEJ (Asia Pacific excluding Japan)
Greater China
India
South Korea
ASEAN Countries
Rest of APeJ
Middle East & Africa (MEA)
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
The European region is expected to be a leading market for sodium methylparaben and will be followed by North America owing to growing demand from the cosmetics industry, predominantly from countries, such as France, Italy, Spain, etc. On the other hand, the Asia Pacific market is anticipated to be the fastest growing market for sodium methylparaben based products owing to snowballing demand for colour cosmetics and skin & hair care products.ÂÂ
Moreover, rising demand for sodium methylparaben based products from food & beverage sector to increase the shelf-life of products will give a boost to the market. That apart, growing penetration of Sodium methylparaben across emerging economies, such as China, India and other ASEAN countries, is expected to further propel market growth.
Overall, the global Sodium methylparaben market is expected to register significant growth over the forecast period.
Global Sodium methylparaben market: Key Players
Some of the key manufacturers of sodium methylparaben that currently operate in the global Sodium methylparaben market are:
Changzhou Elly Chemical Industry Co. Ltd.
Wuhu Huahai Biology Engineering Co. Ltd
Triple Chem
Gujarat Organics Ltd,
Evergreen Chemical Industry Limited
Hangzhou Jiancheng Trade Co., Ltd
Dafeng Huaxin Bio-technology Co.,ltd
BOC Sciences
P J Chemicals
Qingzhou Ailitong Chemicals Technical Co.,Ltd
Santa Cruz Biotechnology Inc
CellMark USA, LLC
The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product form, and industry.
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The report covers an exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
CIS and Russia
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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Potential and niche segments, geographical regions exhibiting promising growth
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