FMI conducts interviews with industry

Propylparaben Market Analysis

Propylparaben Market: Driver

Propylparaben offers a range of antimicrobial as well as anti-fungal properties with low toxicity. Propylparaben is extensively used in cosmetics, personal care and pharmaceutical industry. Propylparaben inhibits microbial growth and also adds to the shelf life of the products.

Over the recent years there is a significant increase in consumer spending, emerging economies are major contributors in the cosmetic as well as personal care industry. Propylparaben is extensively used in cosmetic and personal care industry as it is cost-effective compared to other counterparts.

Improving lifestyle of the working class population along with increasing affordability of cosmetic and personal care products is expected to drive the propylparaben market extensively. Over the recent years multiple parabens have been banned however, the demand of propylparaben is growing owing to its antimicrobial property and effective application in cosmetic products.