Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Hydroxybenzoate Market by Type (Purity: 98%, Purity: Above98%), By Application (Cosmetics, Medical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Hydroxybenzoate Market by Type (Purity: 98%, Purity: Above98%), By Application (Cosmetics, Medical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 142859 3300 Chemical & Material 377 233 Pages 4.9 (35)
                                          

The global hydroxybenzoate market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for hydroxybenzoates in various applications such as cosmetics and medicals. Hydroxybenzoates are used as preservatives in various products such as shampoos, conditioners, lotions, creams and ointments due to their antimicrobial properties. They are also used in pharmaceuticals for their anti-inflammatory properties and have been found effective against certain types of cancer cells. The global hydroxybenzoate market is segmented on the basis of type into purity 98% and purity above 98%. The purity above 98% segment accounted for a larger share in 2017 owing to its higher demand from end-users such as pharmaceutical companies which require high levels of purity for manufacturing purposes. The application segment includes cosmetics and medicals while the regional segment includes North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). North America accounted for a larger share in 2017 owing to its large number of cosmetic manufacturers who use hydroxybenzoates extensively in their products due to its antimicrobial properties that help prevent microbial contamination during production processes.

Some Of The Growth Factors Of This Market:

  1. The increasing demand for food preservatives and antioxidants in the food industry is expected to drive the hydroxybenzoate market growth.
  2. The increasing demand for hydroxybenzoates in the pharmaceutical industry is also expected to drive the hydroxybenzoate market growth.
  3. The growing population and changing lifestyles are also driving the hydroxybenzoate market growth as people are becoming more health conscious and adopting a healthier lifestyle which includes eating healthy foods, exercising, etc, which requires more preservatives and antioxidants in their diet.
  4. Increasing awareness about health benefits of natural ingredients such as turmeric, ginger, garlic, etc, is also driving the hydroxybenzoate market growth as these ingredients have been found to be effective against various diseases such as cancer, diabetes mellitus type 2, Alzheimer's disease (AD), Parkinson's disease (PD), cardiovascular diseases (CVDs), etc, by inhibiting enzymes that cause these diseases or by reducing inflammation caused by them or by preventing cell damage caused by them or by repairing damaged cells caused due to these diseases; this has led to increased use of natural ingredients in food products which require more preservatives like hydroxybenzoates; this has led to an increase in demand for hydroxyl benzoates from food industry players like Cargill Incorporated (US), Kerry Group plc (Ireland), Archer Daniels Midland Company (US), BASF SE (Germany) among others; this has led to an increase in demand for hydroxyl benzoates from pharmaceutical companies like Pfizer Incorporated (US), Bayer AG & Co KGAA - Pharmaceuticals Division-Bayer Healthcare LLC-Bayer Schering Pharma AG-Novartis International AG-Sanofi S A among others; this has led to an increase in demand for hydroxyl benzoates from other industries like cosmetics & personal care products manufacturers who use it as a fragrance ingredient or a stabilizer agent or a UV filter agent among others; all of these factors are expected to drive the global hydroxyl benzoate market during forecast period 2017 - 2025.

Industry Growth Insights published a new data on “Hydroxybenzoate Market”. The research report is titled “Hydroxybenzoate Market research by Types (Purity: 98%, Purity: Above98%), By Applications (Cosmetics, Medical), By Players/Companies Cristol, Krishna Antioxidants, Eastman Chemical, Applied Food Sciences, 3A Antioxidants, VRM Labs, FarmaSino Pharmaceuticals”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Hydroxybenzoate Market Research Report

By Type

Purity: 98%, Purity: Above98%

By Application

Cosmetics, Medical

By Companies

Cristol, Krishna Antioxidants, Eastman Chemical, Applied Food Sciences, 3A Antioxidants, VRM Labs, FarmaSino Pharmaceuticals

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Hydroxybenzoate Industry Outlook


Global Hydroxybenzoate Market Report Segments:

The global Hydroxybenzoate market is segmented on the basis of:

Types

Purity: 98%, Purity: Above98%

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Cosmetics, Medical

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Cristol
  2. Krishna Antioxidants
  3. Eastman Chemical
  4. Applied Food Sciences
  5. 3A Antioxidants
  6. VRM Labs
  7. FarmaSino Pharmaceuticals

Global Hydroxybenzoate Market Overview


Highlights of The Hydroxybenzoate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Purity: 98%
    2. Purity: Above98%
  1. By Application:

    1. Cosmetics
    2. Medical
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Hydroxybenzoate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Hydroxybenzoate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Hydroxybenzoate is a type of benzoate. It is found in many products, including mouthwash and skin care products. Hydroxybenzoates can help to remove bacteria and other contaminants from the skin or mouth.

Some of the major players in the hydroxybenzoate market are Cristol, Krishna Antioxidants, Eastman Chemical, Applied Food Sciences, 3A Antioxidants, VRM Labs, FarmaSino Pharmaceuticals.

The hydroxybenzoate market is expected to grow at a compound annual growth rate of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Hydroxybenzoate Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Hydroxybenzoate Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Hydroxybenzoate Market - Supply Chain
   4.5. Global Hydroxybenzoate Market Forecast
      4.5.1. Hydroxybenzoate Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Hydroxybenzoate Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Hydroxybenzoate Market Absolute $ Opportunity

5. Global Hydroxybenzoate Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Hydroxybenzoate Market Size and Volume Forecast by Type
      5.3.1. Purity: 98%
      5.3.2. Purity: Above98%
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Hydroxybenzoate Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Hydroxybenzoate Market Size and Volume Forecast by Application
      6.3.1. Cosmetics
      6.3.2. Medical
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Hydroxybenzoate Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Hydroxybenzoate Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Hydroxybenzoate Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Hydroxybenzoate Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Hydroxybenzoate Demand Share Forecast, 2019-2026

9. North America Hydroxybenzoate Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Hydroxybenzoate Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Hydroxybenzoate Market Size and Volume Forecast by Application
      9.4.1. Cosmetics
      9.4.2. Medical
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Hydroxybenzoate Market Size and Volume Forecast by Type
      9.7.1. Purity: 98%
      9.7.2. Purity: Above98%
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Hydroxybenzoate Demand Share Forecast, 2019-2026

10. Latin America Hydroxybenzoate Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Hydroxybenzoate Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Hydroxybenzoate Market Size and Volume Forecast by Application
      10.4.1. Cosmetics
      10.4.2. Medical
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Hydroxybenzoate Market Size and Volume Forecast by Type
      10.7.1. Purity: 98%
      10.7.2. Purity: Above98%
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Hydroxybenzoate Demand Share Forecast, 2019-2026

11. Europe Hydroxybenzoate Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Hydroxybenzoate Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Hydroxybenzoate Market Size and Volume Forecast by Application
      11.4.1. Cosmetics
      11.4.2. Medical
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Hydroxybenzoate Market Size and Volume Forecast by Type
      11.7.1. Purity: 98%
      11.7.2. Purity: Above98%
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Hydroxybenzoate Demand Share, 2019-2026

12. Asia Pacific Hydroxybenzoate Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Hydroxybenzoate Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Hydroxybenzoate Market Size and Volume Forecast by Application
      12.4.1. Cosmetics
      12.4.2. Medical
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Hydroxybenzoate Market Size and Volume Forecast by Type
      12.7.1. Purity: 98%
      12.7.2. Purity: Above98%
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Hydroxybenzoate Demand Share, 2019-2026

13. Middle East & Africa Hydroxybenzoate Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Hydroxybenzoate Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Hydroxybenzoate Market Size and Volume Forecast by Application
      13.4.1. Cosmetics
      13.4.2. Medical
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Hydroxybenzoate Market Size and Volume Forecast by Type
      13.7.1. Purity: 98%
      13.7.2. Purity: Above98%
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Hydroxybenzoate Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Hydroxybenzoate Market: Market Share Analysis
   14.2. Hydroxybenzoate Distributors and Customers
   14.3. Hydroxybenzoate Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Cristol
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Krishna Antioxidants
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Eastman Chemical
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Applied Food Sciences
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. 3A Antioxidants
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. VRM Labs
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. FarmaSino Pharmaceuticals
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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