Propyl Paraben Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Propyl Paraben Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22721
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Propyl Paraben Prices June 2023

Product
Category Region Price
Propyl Paraben Pharma Excipients USA 7305 USD/MT
Propyl Paraben Pharma Excipients China 7045 USD/MT
Propyl Paraben Pharma Excipients India 6694 USD/MT
Propyl Paraben Pharma Excipients Germany 7240 USD/MT


In June 2023, propyl paraben prices return to normal April levels, ultimately stabilizing at 7305 USD/MT CFR Los Angeles, with a balanced market dynamic between supply and inquiries.

In June 2023, propyl paraben prices declined, closing the second quarter on a bearish note with a final price of 6694 USD/MT Ex-Mumbai, India. This drop was attributed to decreased export orders and sluggish supply-demand dynamics, exacerbating the already weak market trend.

In June 2023, propyl paraben had a wave of downturn, and the price on 30th of June, 2023 was 7045 USD/MT FOB Shanghai, China, and Ex-Mumbai, India. This decline was supported by the decreasing market orders and the unlively supply-demand situations both in Global and local markets thus pushing the trend of the market.

In June 2023, propyl paraben prices in Germany exhibited a volatile trend, increasing in April, declining sharply in May, and returning to the price in June. By the end of June, prices stabilized at 7240 USD/MT, CFR Hamburg, reflecting the fluctuating market conditions throughout the quarter.

Propyl Paraben Price Trend, Market Analysis, and News

IMARC’s newly published report, titled Propyl Paraben Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of propyl paraben pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing propyl paraben price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Propyl Paraben Price Trend

Propyl Paraben Market Analysis

The global propyl paraben market size reached 110 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 146.1 Thousand Tonnes, at a projected CAGR of 3.20% during 2023-2032.

  • The growing consumer goods industry, particularly in emerging economies where rising disposable incomes and health awareness are increasing demand for products that incorporate preservatives to ensure longer shelf life and safety, thereby fueling the market.
  • The regulatory approvals in multiple countries, attesting to propyl paraben's safety and efficacy, have bolstered its adoption across various end-use industries. This diversification into various industry sectors broadens its application base and opens up new revenue streams for manufacturers.
  • The rising trend of clean labels and natural preservatives, which resonate with the growing consumer preference for 'free-from' and 'natural' products.
  • The ongoing research into the effects of parabens on health and the environment could impact market dynamics, prompting innovations toward safer and more sustainable alternatives. Researchers and companies are investing in developing modified or new formulations of propyl paraben that enhance its antimicrobial effectiveness while mitigating potential health risks.
  • Strategic alliances and mergers among key players in the chemical preservatives market are aimed at optimizing production processes, expanding product lines, and enhancing market penetration.
  • Rapid globalization of the cosmetic and pharmaceutical industries is driving demand for propyl paraben, as companies expand their reach into new geographical markets, the need for preservatives that can ensure product stability and meet the diverse regulatory landscapes increases.
  • The rise in consumer awareness about product ingredients fuels the demand for transparency in product formulations.
  • The development of hybrid preservative systems, where propyl paraben is used in combination with other preservatives to achieve broad-spectrum efficacy, is a significant market trend.
  • As consumers increasingly scrutinize product labels, companies that proactively disclose their use of propyl paraben and educate about its safety and benefits can maintain consumer trust and preference.

Propyl Paraben News

The report covers the latest developments, updates, and trends impacting the global propyl paraben market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in propyl paraben production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the propyl paraben industry:

  • On April 16, 2024, Ashland Inc. showcased their high-performing, innovative ingredients at in-cosmetic Global in Paris, France, demonstrating how their technology platforms help customers tackle complex challenges and adapt to global megatrends and regulations.
  • On April 25, 2022, Arkema’s corporate headquarters and its Marseille and Serquigny plants achieved SuCCESS™ certification from the Sustainable Castor Association, enabling them to offer certified advanced bio-circular polymers and oleochemical building blocks under the world's first sustainable castor code.
  • On March 28, 2024, Haihang Group showcased its fine chemical and cosmetic raw material innovations at KOREA CHEM & KOREA PHARM 2024 in Seoul, South Korea, from April 23-26, 2024, at the KINTEX Exhibition Center, inviting global industry exchanges.

Product Description

Propyl paraben (also propyl para-hydroxybenzoate) belongs to the paraben family, the preservatives that are widely applied in the cosmetic, pharmaceutical, and food industries. Chemically, it is the ethyl ester of the para hydroxybenzoic acid. This molecule is normally obtained by the process of esterification, which involves the reaction of propanol with p-hydroxybenzoic acid in the presence of an acid catalyst like sulfuric acid or acid resin. Propylparaben is a preservative that inhibits the multiplication of bacteria, fungi, and yeast. In turn, this extension of the shelf life of the products becomes a benefit.

Apart from its function of avoiding product spoilage and keeping consumers from possible infections, propylparaben appears to be of the essence when it comes to products with relatively long shelf lives and other products that can be highly contaminated by bacteria. The industry of cosmetics uses it as a preservation agent for various products including shampoo, moisturizers, and makeup. In the course of pharmaceuticals, it aids in maintaining sterile different formulations like oral, topical, and injection drugs. Moreover, in the food industry, it is also used as a food preservative to stop rotting and retain the freshness of the product.

Regional Coverage

The report provides a detailed analysis of the propyl paraben market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends. 

Global Propyl Paraben Price

The report offers a holistic view of the global propyl paraben pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Propyl Paraben Price

During the second quarter of 2023, the European market for Propylparaben, particularly in Germany, exhibited volatile pricing patterns that mirrored trends observed in the Chinese market. In April, prices rose due to moderate demand that was well-matched with supply levels, maintaining a steady upward trajectory.

However, the market faced a downturn in May, primarily due to a slowdown in the German pharmaceutical excipient sector, compounded by ongoing supply issues and reduced factory output in exporting countries. This led to lower demand and declining prices. As the quarter drew to a close in June, prices rebounded, fueled by increased demand from the pharmaceutical, personal care, and cosmetic industries.

This analysis can be extended to include detailed propyl paraben price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Propyl Paraben Price

In the North American region, the market for propyl paraben experienced mixed trends throughout the second quarter of 2023. In April, prices moderately increased, influenced by stronger consumer demand, robust trade momentum, and decreased ocean freight costs, which collectively supported a positive market outlook.

 However, as May began, prices saw a notable decline due to a moderate decrease in demand from the cosmetics and personal care industries. This slowdown led to an accumulation of inventories, prompting suppliers to halt new orders and focus on destocking existing supplies. By the end of the quarter, prices rebounded to levels similar to those seen in April, driven by decreasing inventory levels.

Specific data on propyl paraben prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Propyl Paraben Price

The report explores the propyl paraben pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on propyl paraben prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Propyl Paraben Price

In the APAC region during the second quarter of 2023, the market for propyl paraben displayed mixed trends, with varying dynamics in China and India. In China, April saw a moderate increase in prices, driven by robust domestic and overseas inquiries which boosted manufacturing activities. However, as May began, prices declined significantly due to weakened demand from the domestic personal care and cosmetic sectors, although inventories remained sufficient to meet the inquiries until the end of June. Conversely, in India, the price trajectory for Propyl Paraben was consistently downward, culminating in a bearish trend by the end of the quarter.

This analysis can be further extended to include detailed propyl paraben prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Propyl Paraben Price

The analysis of propyl paraben prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Propyl Paraben
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year  
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of propyl paraben pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting propyl paraben price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the propyl paraben industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Propyl Paraben Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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