Europe Antimicrobial Additives Market size for personal care application worth over $800 million by 2025

According to a new research report by Global Market Insights Inc., the Europe antimicrobial additives market for personal care application size is set to surpass USD 800 Million by 2025.  The market growth for personal care application is attributed to growing consumer awareness for personal grooming products along with need for natural & clean ingredients.
 

Rapid growth in personal care and cosmetics sector owing to emergence of novel formulations and ingredients will stimulate the Europe antimicrobial additives market share over the forecast timeline. Preservatives and active ingredients forms an integral part of a personal care product in order to provide functionality and stop fungal growth.
 

Rising awareness regarding the detrimental impacts of bacteria and fungus in the cosmetics, which can lead to skin related allergies has prompted use of preservatives & ingredients, thus propelling industry demand. Additionally, novel product launches by multinational players by combing and blending multiple chemicals will also favor Europe antimicrobial additives market for personal care application expansion by 2025.
 

The application of antimicrobial additives products including preservatives and ingredient in beauty care products is necessary to prevent changes caused by micro-organisms during the processes such as product formulation, storage, transport, as well as its usage. Moreover, protection against contamination support the adoption of preservatives. Additionally, many products display ability to protect against degradation caused by exposure to oxygen is likely to propel the Europe antimicrobial additives market for personal care application.
 

Cosmetic products containing natural preservatives have lower shelf lives as compared to synthetic alternatives as these products offer a greater content of bioavailable nutrients which reduces shelf life and may hamper the Europe antimicrobial additives market growth. Additionally, COVID-19 emergency is likely to impact the market in short term owing to closedown of manufacturing facilities and trade restrictions.
 

Strong research & development activities in the region

The European cosmetics industry is a highly innovative sector which makes strong investments in R&D. Companies in cosmetics industry spent just 5% of their annual turnover on R&D in 2017. There are over 77 innovation facilities in the region for cosmetics related approximately 28,800 scientists. This has key impact producing innovative antimicrobial additives for personal care applications with rising need for VOC free and sustainable ingredients in cosmetics sector.
 

“As per industry forecasts, Preservatives segment is expected to record significant gains at over 4.5% through 2025 pertaining to increasing demand for high superior chemicals”.
 

Browse key industry insights spread across 270 pages with 228 market data tables and 39 figures & charts from the report, “Europe Antimicrobial Additives Market for Personal Care Application By Product (Preservatives { 2-bromo-2-nitropropane-1,3-diol, Benzoic Acid, Benzyl Alcohol, Chlorphenesin, Dehydroacetic Acid, Diazolidinyl Urea, DMDM Hydantoin, Ethylparaben, Methylchloroisothiazolinone, Methylparaben, Phenoxyethanol, Potassium Sorbate, Propylparaben, Sodium Benzonate, Triclosan}, Ingredients {1,2-hexanediol, Caprylhydroxamic Acid, Caprylyl Glycol, Ethylhexylglycerin, Glyceryl Caprylate, Levulinic Acid, Octenidine HCI, P-anisic Acid, Pentylene Glycol, Phenethyl Alcohol, Propylene Glycol, Sorbitan Caprylate}), By Application (Hair Care, Skin Care, Toiletries, Fragrances and Perfumes, Baby Products, Wet Wipes), Country Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/europe-antimicrobial-additives-market-for-personal-care-aplication
 

Increasing demand for antimicrobial additives from toiletries industry

Europe antimicrobial additives market for personal care application from toiletries is anticipated to witness gains of over 4% through 2025. The growth can be attributed to chancing consumer preference towards safe and high quality ingredients, which is stimulating product demand.
 

Strong cosmetics exports along with rising domestic demand in France

As per regional market analysis, France is a major hub of cosmetics and personal care products and serves a key county for exporting beauty goods. The personal care goods require the use of preservative ingredients especially when exported to different region or country owing to different conditions and product handling. These factors may drive the Europe antimicrobial additives market for personal care application in forecast period.
 

Additionally, rising domestic demand for luxury cosmetics owing to branding and marketing from global companies in the country will further propel the use of high quality ingredients and preservatives.
 

“As per industry forecasts, France antimicrobial additives market for personal care application is expected to record gains at over 3% through 2025 pertaining to rising exports and introduction of luxury cosmetics products “
 

The major players in the Europe antimicrobial additives industry includes Chemipol, BASF, Dow Cheimcal, Lonza and Ashland. Market leaders in European antimicrobial additive market for personal care application industry are focusing on producing environmentally safe products using safe ingredients.