Global Sodium ethyl p-hydroxybenzoate Market Emerging Economies Expected to Infl

Posted by Arslan on January 18th, 2019

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.

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.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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