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2-Phenoxyethanol (2-PE) is a colourless liquid chemical compound, which is oily with characteristic faint aromatic odor. It can disable prime response mechanism of the immune system. Therefore, in many vaccines, they are utilized as a preservative.
This organic compound has various applications in products like insect repellent, topical antiseptic, etc. 2-Phenoxyethanol (2-PE) is used as adhesive for perfumes; as solvent for cellulose acetate, dyes, inks and resins; as an anesthetic in the aquaculture; alternative to formaldehyde preservatives; organic synthesis of plasticizers; etc. 2-Phenoxyethanol (2-PE) is used in industries like pharmaceuticals, personal care and cosmetics & dermatology, metal processing, coatings/paints, fragrance, etc.
In European region, the growth for 2-Phenoxyethanol (2-PE) organic compound is rapid in countries like Sweden and UK. These are the leading market where the fragrances and perfumes market will boost for the forecasted period. Sweden is the dominating market in the production of cosmetics segment in this region.
The report also covers the complete competitive landscape of the Europe 2-Phenoxyethanol (2-PE) market with company profiles of key players such as:
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