LATAM Cosmetic Preservatives Market Size, Trends And Forecast to 2026

LATAM cosmetic preservatives market is anticipated to witness substantial growth over the forthcoming timeframe owing to the rising working women demographic and increasing brand-consciousness across several Latin American countries. Beauty and cosmetic products are developed using biodegradable ingredients. While they are more beneficial for consumer use, this also means that these products can be easily compromised by microbes, which can cause them to go bad.

This causes the product to become extremely unsafe as well as unpleasant for the consumers. However, this challenge can be overcome with added antimicrobial materials. Preservatives are antimicrobials that are ingredients which are added to cosmetic product formulations that help the product maintain microbiological safety by inhibiting the propagation of and also reducing the number of microbial contaminants.

The overall LATAM cosmetic preservatives market is bifurcated into product, usage, application, and regional landscape.

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The product segment is bifurcated into Natural/organic preservatives organic acids, natural antioxidants, essential oils, plant/herbal extracts, synthetic preservatives, parabens, formaldehyde releasers, phenol derivatives, quaternary ammonium compounds (QAC), alcohols, caprylhydroxamic acid, chlorphenesin, CMI/MI, IPBC, others, and preservative boosters.

Among these alcohols are further divided into phenoxyethanol, benzylalkohol / nat. benzylalkohol, hexandiol / nat. hexandiol, penthylenglycol / nat. penthylenglycol, and proopandiol / nat. propandiol. Additionally, preservative boosters are further divided into caprylyl glycol, glyceryl caprylate, ethylhexylglycerin, hydroacetophenone, decylene glycol, and others.

The organic acid segment will witness around 4.9% CAGR owing to rising awareness regarding synthetic utilization side effects. Natural antioxidants segment holds share of over 5.39% and is projected to witness considerable growth. Essential oils will witness around 4.7% CAGR over the coming years. Plant/herbal segment accounts for a share of over 6.24%. 4

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Alcohols segment holds share of over 27%. Phenoxyethanol will witness around 3.9% CAGR. Benzylalkohol / nat. Benzylalkohol holds share of over 0.57%. Hexandiol / nat. Hexandiol will witness around 5.3% CAGR. Penthylenglycol holds share of over 0.93%. Proopandiol / nat. Propandiol will witness around 3.6% CAGR over the analysis period.

Caprylhydroxamic Acid holds share of over 3.17%. Chlorphenesin will witness around 3.7% CAGR. CMI/MI holds share of over 1.25%. IPBC will witness around 2.7% CAGR owing to beneficial attributes including high load carrying along with high corrosion and water splash pressure resistance. Others holds share of over 1.75%.

Preservative boosters will witness around 4.1% CAGR owing to utilisation in cosmetics manufacturing to ensure higher cosmetics product quality along with microbiological contamination prevention of cosmetic products during storage. Caprylyl Glycol holds share of over 10.8%. Glyceryl Caprylate will witness around 4.4% CAGR. Ethylhexylglycerin holds share of over 8.27%. Hydroacetophenone will witness around 4.0% CAGR. Decylene Glycol holds share of over 1.02%. Others will witness around 3.3% CAGR.

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