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Sodium methylparaben is compound with chemical formula Na (CH3 (C6H4COO) O). It is also known as sodium salt of methylparaben, which is prepared by adding p-hydroxy benzoate to sodium hydroxide. It has applications in fruits as an antimicrobial agent; pharmaceutical; cosmetic & personal care; and food & beverages industry as a preservative. In cosmetics, it is used in makeup products, hair care products, moisturizer & lotions, shaving products, and toothpastes. It also protects pharma products from microorganisms in the pharmaceutical industry. Increasing demand for cosmetics products, baked food, creams, jams & jellies, and others in which sodium methylparaben is found also leads to the rise in demand for sodium methylparaben. Attributed to its usage in cosmetics and pharmaceuticals, sodium methylparaben can increase the risk of breast cancer in women and also damage the skin cells and eye cornea. Therefore, such risk factors associated can hinder the market growth.
Increasing number of applications of sodium methylparaben in food & beverages, cosmetics, and pharmaceuticals is expected to drive the product demand. Increased awareness regarding health and nutritious food is leading to expanding consumer market for sodium methylparaben. Rising disposable income of the population leads to high usage of trending cosmetic products, which boosts the market.Â
Cosmetic products containing sodium methylparaben can lead to damage of skin cells, and can cause breast cancer in women. These factors hinder the market growth.
The regions analyzed are North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa.
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Sodium Methylparaben Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | Shanghai Smart Chemicals Co. Ltd., Alta Laboratories, Spectrum Chemicals, Universal Preservachem Inc., NBS Biological, Alpha Aesar, Parchem Fine & Speciality Chemicals, Sigma Aldrich Co. LLC., Mubychem, Ueno Fine Chemicals Industry, Bio-Rad laboratories, Sharon Laboratories, OMNI-Laborzentrum GmbH & Co. KG |
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