Top Companies Driving the Global Methyl Paraben Market

Hefei TNJ Chemical Industry Co., Ltd., UENO Fine Chemicals Industry, Ltd., and Gujarat Organics Limited, among others, are the major players in the global market for methyl paraben.

As per the analysis by Expert Market Research, the global methyl paraben market is being aided by the rising preservatives market, which reached a volume of 751 KMT in 2020. The preservatives industry is further expected to grow at a CAGR of about 3% in the forecast period of 2022-2027.

A common preservative used in the food, pharmaceutical, and personal care industries is methyl paraben. It offers antifungal and antibiotic properties that can protect against microbial development. There are many applications for methyl paraben. It is a preservative used in the cosmetics sector. Among other products, methyl paraben is found in lotions, moisturisers, toothpastes, shampoos, personal lubricants, spray tans, and shaving cream. It promotes a long shelf life for items and inhibits the growth of germs and fungi. It is employed in the pharmaceutical sector to shield pharmaceuticals from impurities.

Asia Pacific is expected to be the fastest growing region for methyl paraben related products. This is due to the rise in demand for hair care, skin care and colour cosmetics products. Brazil, Russia, India, and China are expected to be the dominant cosmetics markets in the coming years.

Additional developing nations like Argentina, Mexico, Thailand, and Turkey are expected to show a slow but steady improvement. As a result, in the upcoming years, it is anticipated that the growth of the cosmetics industry will fuel the growth of the methyl paraben industry.

The cosmetics industry is expected to grow in China and India because of the increased disposable income of a large population and easy availability of foreign goods. Rapid development and expansion of the cosmetics and pharmaceutical industries could be a contributing factor for the growth of the methyl paraben market. Parabens being cheap, colourless, non-toxic and odourless are licenced by FDA for use in the field of cosmetics thus driving the industry growth.

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Top 3 Global Methyl Paraben Companies:

Hefei TNJ Chemical Industry Co., Ltd.

Hefei TNJ is a chemical company. They provide excellent services, highly stable quality products and innovative technology to meet the needs of the market and the customers. It is one of the leading chemical manufacturers and suppliers in China. Being an international and diversified modern chemical company, 60% of their products are exported to different countries. The company owns a variety of more than 60 products covering 4 fields: food, pharmaceutical, chemicals and personal care. The company sells sodium methyl paraben which can be used as a preservative for food and cosmetics.

UENO Fine Chemicals Industry, Ltd.

UENO Fine Chemicals is a comprehensive manufacturer of chemicals which mainly emphasises on development and in-house research. The company stands on two main business pillars: LCP resins and chemicals. It is a global manufacturer of liquid plastic polymers (LPC); their LCP is flame retardant and is an environment friendly moulding material. Chemical business is the continuous industrial production process of Kolbe-Schmitt reaction to produce fine chemicals.

Gujarat Organics Limited

Gujarat Organics Limited, one of the largest paint manufacturing companies in the world, is an associate company of Asian Paints Limited. The company is a leading manufacturer of preservatives like parabens, paraben formulations, and speciality chemicals. It has been in the industry for more than 40 years. Their products have applications in a wide range of sectors of pharmaceuticals, food processing, cosmetics, dyes, flavours and fragrances, polymers and agrochemicals. Their products are exported to more than 72 countries across the world. The company’s manufacturing efficiency is in sync with the requisite environmental standards.