Propylparaben, also known as nipasol, is a chemical which belongs to the family of parabens. Parabens are esters of parahydroxybenzoic acid or parahydroxybenzoates. Different types of parabens include methylparaben, ethylparaben propylparaben and butylparaben among others. Propylparaben is an odourless white crystalline powder. It occurs naturally in many plants as well as insects. However, the commercially used propylparaben is artificially synthesized. Propylparaben, similar to other chemicals of the paraben family, is widely used as preservatives. Owing to its antimicrobial property, propylparaben is used as additives in several applications such as cosmetics, pharmaceuticals and food.

Propylparaben is an effective microbial preservative even at low concentration. Food, cosmetics and pharmaceuticals can all spoil due to microbial actions of bacteria and fungi if they do not contain preservatives. Propylparaben kill microorganisms and prevents unwanted microbial growth of bacteria and fungi. Moreover it can be used over a range of mediums such as acidic and alkaline; however it is more effective in acidic medium. Due to its low production cost, propylparaben is extensively used in a variety of health care products such as moisturizers, shampoos, conditioners, shower gels, deodorant and sunscreen. It is also used as additives in personal care products which include makeup items such as lipsticks, mascaras, eye shadows and foundations. Propylparaben is apparently non toxic to humans and other mammals due to which it is suitably used as preservatives in a wide range of drugs and can be absorbed in several ways such as orally and injections.

Most of the chemicals belonging to the paraben family are similar in structure and applications. Owing to toxic effects on humans, the demand for paraben based additives has reduced considerably. In 2014 the European Union banned the usage of five paraben chemicals namely benzylparaben, pentylparaben, phenylparaben, isobutylparaben and isopropylparaben. The usage of benzylparaben comprising cosmetic has also been restricted in South Asia after research studies have highlighted that benzylparaben disrupts hormonal activities. However the demand for propylparaben is at a boom because of its non toxic nature and effective application as an antimicrobial additive.

North America accounts for the largest market for propylparaben whereas Asia Pacific is the fastest growing market. Presence of international manufacturers of pharmaceuticals and cosmetics in North America, especially in the U.S., has boosted the demand for propylparaben. The demand for propylparaben in Asia Pacific is increasing owing to the rise in disposable income and improving lifestyles. However, most of the countries in south Asia rely on imports to meet up the demand for propylparaben. China and Japan are the two largest manufacturers of this chemical in Asia Pacific. Despite the decreasing demand for paraben chemicals in Europe, the demand for propylparaben is increasing. Propylparaben received the approval from the European council whereas other major paraben compounds were banned owing to their toxic effects. The growing food processing industry in South America and Middle East is driving the demand for propylparaben in Rest of the World. The market for propylparaben faces serious threat from the increasing demand for organic and water-based antimicrobial additives, the latter being eco-friendly. However the key end user industries of propylparaben especially the food processing and pharmaceutical industries are growing globally, owing to which the demand for propylparaben is expected to increase during the forecast period.

Argos international, Cameo Health Care, Anhui Leafchem Co., Ltd., Alta Laboratories Ltd and Hainan Zhongxin Chemical Co., Ltd. are some of the key manufacturers and suppliers of propylparaben. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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