Phenoxyethanol Market Poised for Significant Growth Due to Rising Demand in Personal Care Products
The Global Phenoxyethanol Market is estimated to be valued at US$ 167.5 Million in 2021 and is expected to exhibit a CAGR of 5.9% over the forecast period (2022 to 203.
Phenoxyethanol is a versatile organic compound widely used as a preservative in various industries, particularly in personal care and cosmetic products. Its effectiveness in preventing bacterial growth and extending product shelf life has made it a popular choice among manufacturers. Phenoxyethanol offers several advantages, including broad-spectrum antimicrobial activity, stability across a wide pH range, and compatibility with other ingredients.
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