Future Market Insights
Sodium methyl p-hydroxybenzoate is a food additive which is used as the food preservative and is evaluated in 1973. It has E number E219 (a standard of food preservative within the European Union) and also known as sodium methyl paraben. Sodium methyl p-hydroxybenzoate is prepared when p-hydroxybenzoic acid is esterficated in the presence of sulfuric acidby the methanol, with subsequent distillation. Sodium methyl p-hydroxybenzoate is a standardized chemical allergen, and the physiologic effect of sodium methyl p-hydroxybenzoate is using cell-mediated immunity and increased histamine release. Sodium methyl p-hydroxybenzoate is significantly used in alcoholic beverages, purified water, and foods as well as in medicines as an antimicrobial agent which kills microorganism and inhibits their growth. Sodium methyl p-hydroxybenzoate is a flavoring agent and constituent of yellow passion fruit, botrytized wine, cloudberry, Bourbon vanilla and white wine. Sodium methyl p-hydroxybenzoate belong to hydroxybenzoic acid derivatives family and used in pharmaceutical as added substance in medicine preparation to prevent them from microbial action or chemical change. The taste of Sodium methyl p-hydroxybenzoate is slight burning. It has a faint characteristics odor or is odorless.
Global Sodium methyl p-hydroxybenzoate market: Drivers and Restraints
The key driving factor of the growth of the Global Sodium methyl p-hydroxybenzoate market is increasing health consciousness among consumers and growing demand for high nutrition food. The macroeconomic factors which are driving the global Sodium methyl p-hydroxybenzoate market such as growing economy, increasing disposable income, and rapid rate of urbanization. Other key driving factors of Sodium methyl p-hydroxybenzoate market include the growing demand for organic, supplement food products along with high demand for packaged food across the globe. Few of the factors trending the global Sodium methyl p-hydroxybenzoate market include high investment and growth in the food and beverages industry and mergers & acquisitions between the Sodium methyl p-hydroxybenzoate distributor and its players. Companies operate in the Sodium methyl p-hydroxybenzoate can increase its share through collaboration with distributors. The key restraining factor of Sodium methyl p-hydroxybenzoate market is hazardous, attributed to eye irritation and specific target organ toxicity.
Global Sodium methyl p-hydroxybenzoate market: Segmentation
The global Sodium methyl p-hydroxybenzoate is segmented by end-use industry type, Product type, application type, and region.
Global Sodium methyl p-hydroxybenzoate market is segmented by end-use industry type as follow:-
Food and beverages
Global Sodium methyl p-hydroxybenzoate market is segmented based on application type as follow:-
Global Sodium methyl p-hydroxybenzoate market is segmented based on product type as follow:-
Global Sodium methyl p-hydroxybenzoate market: Segmentation Overview
The global Sodium methyl p-hydroxybenzoate is segmented by end-use industry type, application type, and region. Based on end-use industry type, the global Sodium methyl p-hydroxybenzoate is segmented as food and beverages, cosmetics and pharmaceuticals. Among aforementioned end-use industry type, Cosmetics and food & beverages sector are projected to account for relatively high-market-share. However, the cosmetics are expected to expand at a relatively high growth rate in the global Sodium methyl p-hydroxybenzoate market, owing to strong demand for personal care products across the globe. Based on the application type, the global Sodium methyl p-hydroxybenzoate segmentation includes an antimicrobial preservative, anti-fungal agent and others. Among application mentioned above type, an Antimicrobial preservative is expected to witness a positive growth over the forecast period.
Global Sodium methyl p-hydroxybenzoate market: Regional Outlook
Based on the geographies, the global Sodium methyl p-hydroxybenzoate market is segmented into seven regions including Latin America, North America, Japan, Middle East & Africa, WesternEurope, Eastern Europe and Asia-Pacific except Japan. Among the regions, North America is expected to dominate the global Sodium methyl p-hydroxybenzoate market with relatively high growth rate, owing to high demand for cosmetics and beverages products followed by Western Europe. Western Europe is projected to expand at a high growth rate in the Sodium methyl p-hydroxybenzoate market, attributed to strong health consciousness among consumers across the regions. Asia-Pacific captures relatively large volume share and is estimated to witness high growth rate in global Sodium methyl p-hydroxybenzoate market, attributed to changing a lifestyle of consumer rapidly growing population and rapid rate of urbanization across the region.
Few prominent players in the markets are:-
Sigma-Aldrich Co. LLC.
Bio-Rad Laboratories, Inc.
Shanghai Smart Chemicals Co.ltd
Parchem fine & specialty chemicals
Hefei TNJ Chemical Industry Co., Ltd.
OMNILAB-LABORZENTRUM GmbH & Co. KG
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