Global Sodium ethyl p-hydroxybenzoate Market – An Overview
Sodium ethyl p-hydroxybenzoate also known as p-hydroxybenzoic acid ethyl ester sodium salt. It is mainly used as a chemical additive in several applications in industries such as food & beverages and pharmaceuticals, among others. Sodium ethyl p-hydroxybenzoate is available in the form of granules, solid, and liquid. In addition, sodium ethyl p-hydroxybenzoate is a water-soluble chemical that can be used as an antiseptic in the pharmaceutical industry. Furthermore, sodium ethyl p-hydroxybenzoate can also be used in pharma applications such as herbal medicines, instrument sterilization, parent drug, etc. In addition, sodium ethyl p-hydroxybenzoate also helps prevent food deterioration caused by microorganisms that can be used as food additives in cooking. Sodium ethyl p-hydroxybenzoate is soluble in water, which enables its usage in several liquid & semiliquid food items such as dairy products, confectionery items, fruit juice, jelly, fruit beer, marmalades, etc. All these factors are expected to drive the sodium ethyl p-hydroxybenzoate market.
Global Sodium ethyl p-hydroxybenzoate Market – Dynamics
The global sodium ethyl p-hydroxybenzoate market is expected to grow significantly on the backdrop of the increase in consumption of food products such as fruit juice, jelly, etc. Sodium ethyl p-hydroxybenzoate is also expected to witness continuous demand due to the advantage of sodium as an essential mineral. Sodium ethyl p-hydroxybenzoate is used in the food industry for preserving the freshness of food items. Sodium ethyl p-hydroxybenzoate is also used in photographic applications, such as to wash-down fixers from photo films, to prevent designer solutions from oxidizing.
However, one of the important factors likely to restrain the growth of the global sodium ethyl p-hydroxybenzoate market is the presence of stringent laws regarding the usage of sodium in food. Moreover, the sodium ethyl p-hydroxybenzoate market is hampered due to the ban on sodium used in sodium ethyl p-hydroxybenzoate in several countries such as Australia, New Zealand, Philippines, etc., across the globe.
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Global Sodium ethyl p-hydroxybenzoate Market – Segmentation
The global sodium ethyl p-hydroxybenzoate market is segmented by application type and end use.
On the basis of application type, the global sodium ethyl p-hydroxybenzoate market is segmented into:
- Food Preservation
- Pharmaceutical Additive
- Flavoring Agent
On the basis of end use, the global sodium ethyl p-hydroxybenzoate market is segmented into:
- Food & Beverages
- Jams, Jellies, & Marmalades
- Soft Drinks
- Personal Care & Cosmetics
- Other Industries
Global Sodium ethyl p-hydroxybenzoate Market – Regional Overview
The global Sodium ethyl p-hydroxybenzoate market is divided into seven major regions as follows:
- North America
- Latin America
- Rest of Latin America
- EU–4 (Germany, France, Italy, Spain)
- BENELUX (Belgium, Netherlands, Luxemburg)
- NORDIC (Norway, Denmark, Iceland, Sweden)
- Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
- Rest of Europe
- CIS & Russia
- Asia – Pacific excluding Japan (APEJ)
- Greater China
- ASEAN Countries
- Rest of APEJ
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
The Asia Pacific region is expected to dominate the global sodium ethyl p-hydroxybenzoate market during the forecast period 2018-2028. The North America and Europe sodium ethyl p-hydroxybenzoate markets are expected to trace the Asia Pacific sodium ethyl p-hydroxybenzoate market, and are also estimated to register sluggish growth during the forecast period. The Latin America sodium ethyl p-hydroxybenzoate market is expected to witness growth as compared to the Middle East.
Global Sodium ethyl p-hydroxybenzoate Market – Key Players
Some of the key players operating in the sodium ethyl p-hydroxybenzoate market are Jiancheng Chemical Industrial Co. Ltd.; LGC Limited; Shengxiao Chemicals Co., Ltd.; Capot Chemical Co., Ltd.; Toronto Research Chemicals Inc.; Advanced Technology & Industrial Co., Ltd.; and Ai Tuo Chemical Co., Ltd.
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