According to a new market report published by Lucintel, the future of the octocrylene market looks promising with opportunities in the sun care products, moisturizers, decorative cosmetics, and other applications. The global octocrylene market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are growing consumer awareness regarding their health, rising cases of skin cancer, and rising demand for cosmetic and sunscreen products.
Octocrylene is a colorless, oily and viscous liquid, primarily used in the sunscreens due to its skin moisturizing properties. In this market, purity>95%, purity>98%, and purity>99% are the major product types of octycrylene.
Within this market, the sun care products will remain the largest segment by application over the forecast period due to rising consumer awareness regarding the harmful effect from uv rays on the skin.
North America will remain the largest region over the forecast period due to gigh expenditure on personal hygiene and increased awareness on skin cancer in the region.
Frutarom, Novacap, Abbott, Wako, and ID Medical are among the major suppliers in the global octocrylene market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global octocrylene market by application, product type, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Octocrylene Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global octocrylene market by application, product type, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Sun Care Products
Moisturizers
Decorative Cosmetics
Others
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Purity>95%
Purity>98%
Purity>99%
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
German
France
China
India
South Korea
Japan
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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