Detergents

APAC sodium metasilicate pentahydrate market to showcase an appreciable CAGR over 2019-2025

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Sodium metasilicate pentahydrate market is gaining immense traction owing to proliferation in the global textile industry. Acknowledged for its fast dissolving capability, sodium metasilicate pentahydrate (SMP) is mainly used as a builder in soaps and detergents. SMP is preferred in liquid detergents due to its high-water solubility (36%). It is also a strong buffering agent which can avoid large changes in pH and can protect surfaces against corrosion. In addition, SMP can be used as hardening accelerator of cement slurry.

U.S. 29% Sodium Metasilicate Pentahydrate Market Size, 2018 & 2025, (Kilo Tons)

  U.S. 29% Sodium Metasilicate Pentahydrate Market Size, 2018 & 2025, (Kilo Tons)

With rapid urbanization and increased standard of living, the demand for washing products, cosmetics, cleaning agents and construction materials has increased significantly in the past couple of years, supporting utilization of SMP. Significant technological advancements and developments of new cleaning products have enhanced the penetration of detergents in developing countries, boosting market share.

In the textile industry, SMP is used as a hydrogen peroxide (H2O2) stabilizer in cotton bleaching processes and jeans & stone washing. Being alkaline, the product used extensively to manufacture various types of detergents pertaining to its grease and oil removal and cleaning capability. It also has a detergent and buffering action which supports removal of oils, soil, and grease from cloth and works as a soil anti-re-deposition agent.

SMP finds growing application in laundry detergent which will stimulate market growth across the healthcare, hospitality and textile industries. Increasing disposable incomes and government regulations promoting hygiene in numerous manufacturing industries will further drive sodium metasilicate pentahydrate market share.

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The U.S. Food and Drug Administration (FDA) has recognized SMP as safe for use in sanitizing solutions for food contact surfaces, denuding agent in boiler water, and as hog scald agent for hair removal. The product is also regulated by the Environmental Protection Agency (EPA) and Reregistration Eligibility Decision (RED) approved.

Proliferation in textile industry is anticipated to propel product demand in the coming years. For instance, the Indian textiles industry was estimated to reach US$ 250 billion by FY 2019. Whereas the country’s overall textile exports, accounted at US$ 39.2 billion in 2018, was predicted to increase to US$ 82.00 billion by 2021, claims India Brand Equity Foundation (IBEF) reports.

Rapid surge in cement consumption will boost sodium metasilicate pentahydrate market size. SMP works as a connecting agent in the production of refractory cements and offers enhanced properties like hardness, mechanical and chemical resistance. It is used to protect components in high temperature manufacturing processes. SMP is also used as an additive to accelerate cement curing process and in the making of fire doors and wall partitions.

With growing application in the construction sector, sodium metasilicate pentahydrate market size will expand significantly over the years ahead. For instance, The ICE (Institution of Civil Engineers) claims that as per a new report ‘Global Construction 2030’, the volume of construction output is expected to grow by 85% to reach $15.5 trillion by 2030 worldwide, with countries including China, U.S. and India accounting for 57% of overall global growth. Shifting focus of government toward increasing infrastructure spending will accelerate market size.

Asia Pacific sodium metasilicate pentahydrate market size is expected to grow significantly owing to increased cement consumption in the residential & non-residential construction sector like development of metro projects across countries comprising India and China. The region’s booming healthcare industry has also stimulated cement demand which is likely to accelerate market growth.

China’s share in the global construction market is increasing marginally in recent years. Global Market Insights, Inc., claims that China 99% sodium metasilicate pentahydrate market share from flameproofing applications hit US$ 12.5 million in 2018. This will augment APAC industry size considerably.

India construction market is anticipated to grow almost twice as fast as China by 2030, providing new growth opportunities for APAC sodium metasilicate pentahydrate market players. Rapid growth in India’s urban population will also escalate cement consumption in the coming years – the UN World Population Prospects 2019 claims India to have a population of 1.65 billion by 2059.

Sodium metasilicate pentahydrate is commonly used as a cleaning agent in dishwasher and laundry detergent. Rapidly growing textile and construction industries across economies like China and India have stimulated business outlook.

Reports from Global Market Insights, Inc, estimate sodium metasilicate pentahydrate market to exceed US$ 875 million by 2025.

Author NameMateen Dalal

Phenoxyethanol preservatives market to acquire substantial revenue via pharmaceutical applications over 2019-2024, Europe to emerge as a pivotal regional avenue

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With organic cosmetics scoring an edge over chemical products of late, phenoxyethanol preservatives market has been witnessing a renewed prominence globally. In the last couple of years, personal care industry giants have faced a series of challenges concerning the integrity of beauty products, a factor that has sourced the trend of natural preservatives. Phenoxyethanol has been identified as the most globally approved preservative in beauty product formulations, owing to its high compatibility with beauty products, pertaining to its excellent toxicology, faint aroma, low water solubility and evaporation rate.

U.S. Phenoxyethanol Preservatives Market Size, by Product, 2013 – 2024 (USD Million)
U.S. Phenoxyethanol Preservatives Market Size, by Product, 2013 – 2024 (USD Million)

On the research front as well, several scientific evaluations of preservatives have made their presence felt, which are likely to contribute toward industry development. The need to protect personal care products from microbial growth is also a crucial factor that is making phenoxyethanol preservatives industry an attractive commercial proposition.

The remarkable expansion of phenoxyethanol preservatives market is quite evident from its extensive deployment across a diversified range of domains that includes the pharmaceutical and domestic sectors as well. The growing trend of using active ingredients and the much-awaited ban on paraben based products in some of the regions have stimulated phenoxyethanol preservatives market demand.  Home and personal care sector procured a commendable portion of the industry in 2018. With increased consumer spending on personal hygiene, manufacturers are readily focusing on liquid detergents that deploy phenoxyethanol on a large scale. In addition, renowned organizations such as the Cosmetic Toiletry Fragrance Association, British Pharmacopoeia, U.S. Pharmacopoeia, and European Economic Community have also certified phenoxyethanol as a safe preservative to be used in personal care commodities.

Cosmetics applications have indeed been cited as one of the chief application arenas for phenoxyethanol preservatives industry size over 2019-2024. One of the premium products of phenoxyethanols, i.e., P5 is mainly deployed in cosmetic applications due to its comparatively lesser phenol content, estimated to be less than 5 ppm.  Phenoxyethanol P5 preservatives demand, as per reports, is estimated to grow at a CAGR of 5% over 2019-2024.

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Speaking along the similar lines, P25, having a higher phenol composition is widely utilized for industrial purposes. In this regard, it is important to note that both phenoxyethanol P25 and P5 exhibit 99.5% purity, which is undoubtedly one of the profound grounds enhancing the overall phenoxyethanol preservatives market expansion. Another contributing factor worth mentioning is the increasing demand for green ingredients in the cosmetic formulations by the health-oriented consumer base.

Speaking of geographical landscape, U.S. is one region where P5 phenoxyethanol preservatives industry demand is quite high. Being one of the most lucrative growth grounds for the cosmetic and pharmaceutical markets, the United States has been observing an escalated commercialization of P5 grade preservatives lately.

Europe is also likely to carve a profitable roadmap in the phenoxyethanol preservatives market over the forecast span. Driven by the fierce competitiveness in Europe pharmaceutical industry, the demand for the product is anticipated to rise, thereby sourcing lucrative business opportunities. Globally, phenoxyethanol preservatives industry from pharmaceutical applications is forecast to record a CAGR of  5.5% over 2019-2024.

A major disruptive issue that is somewhat hampering phenoxyethanol preservatives market growth is the growing number of regulatory initiatives projecting the health hazards associated with its deployment. The FDA, for instance, has recently issued a warning regarding the toxicity of these preservatives and their detrimental effects on infants. However, industry giants are rigorously putting in their efforts to successfully overcome these challenges by engaging in numerous research and development activities.

Some of the prominent players operating in global phenoxyethanol preservatives industry include Akema Fine Chemicals, Dow Chemical Company, Symrise AG, Chemicals, Santa Cruz Biotechnology, Lonza Group, and Schülke & Mayr GmbH. With global economy treading on a positive path, resulting in an upgradation of consumer living standards, phenoxyethanol preservatives market is projected to exceed a remuneration portfolio of USD 150 million by 2024.

Author Name : Shikha Sinha