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Based on function, the propylparaben market is segmented as preservative, emulsifier, topical medications, others. Preservative held a majority industry value of USD 44.9 million in 2022. Propylparaben is valued for its ability to inhibit the progress of microorganisms, including bacteria, mold, and yeast. The demand for effective preservatives is driven by the need to extend product shelf life and maintain product quality.
Based on end-use, the propylparaben market is segmented as pharmaceutical, cosmetics and personal care, food, chemical industry, others. Pharmaceutical held a dominant industry share of around 21% in 2022. The cosmetics industry uses propylparaben to extend the shelf life of products like lotions, creams, makeup, and sunscreens, meeting consumer expectations for longer-lasting products.
U.S. dominated the North American region with majority propylparaben market share and a revenue of USD 29.9 million in 2022. Consumer expectations for safe and high-quality products drive the demand for effective preservatives like propylparaben. The use of propylparaben helps prevent microbial contamination and ensures product integrity.