The Global Octocrylene Market size is projected to reach $X.X billion by the end of 2028. The rising demand for sun care products and moisturizers has fueled the growth of the octocrylene-based product segment in recent years. Moreover, decorative cosmetics manufacturers are also increasingly using this chemical as an ingredient owing to its excellent photostability properties.
Octocrylene is a chemical compound that naturally occurs in some plants. However, it can also be produced synthetically for various purposes. It belongs to the group of organic compounds called dibenzalacetone derivative which is used as photo-stabilizers and enhancers of sunscreen effect by absorbing UV light rays. The chemical formula for octocrylene is C20H24O with an IUPAC name of (RS)-p-menth-l-(Z)-octa-trans, cis-dienoate and it has a molecular weight of 336.41 g/mol. Octocrylene can exist in two forms: trans and cis depending on its structure which also results in different properties such as melting points and UV absorption spectra.
On the basis of Type, the global Octocrylene market is segmented into Purity Above 95%, Purity above 98%, and Purity above 99%.
On the basis of Application, the global Octocrylene market is segmented into sun care products & moisturizers, decorative cosmetics, and others.
Octocrylene is used in the production of sun care products. It helps block UV rays from reaching the skin, preventing damage to cells and DNA replication errors caused by exposure to harmful solar radiation. Octocrylene is one of the best ingredients when it comes to moisturizers. It works in different ways when applied to the skin and provides many benefits that keep your skin healthy and radiant. However, with advancement in technology and research Octocrylene's efficiency was proved beyond doubt and now this organic compound is being widely preferred for use by manufacturers across the world over any other sunscreen agent available today because of the following reasons: High sun protection factor (SPF) – octocrylene is used to absorb and block high levels of UV light which triggers skin aging, wrinkles, and dark spots by decreasing the risk for these conditions. Reduce inflammation – Octocrylene can reduce inflammations caused due to exposure to harmful chemicals present in the environment as well as those inside your body like nicotine from smoking cigarettes etc., thus preventing chronic damage such as cancer or heart disease. Increase collagen production – Collagen is a type of protein that keeps your skin healthy, smooth, and firm hence prevent signs of aging on it. According to some studies, applying octinoxate regularly may enhance collagen synthesis in the human epidermis suggesting its effectiveness at reducing fine lines and wrinkles over time.
Octocrylene is used in decorative cosmetics like foundation, lipstick, and eye-shadow. It helps to protect the skin from sun rays by reflecting them away or absorbing them completely. Octocrylene is mostly used as a UV absorber. It can be added to both decorative cosmetics and sun care products for protecting the skin against UVA rays. It is used in decorative cosmetics to increase the shelf life of products. It helps keep water from penetrating into a container or product, thereby reducing spoilage and damage due to moisture penetration.
On the basis of Region, the global Octocrylene market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the market due to the rise in awareness among people about the benefits of using sunscreen lotions containing Octocrylene for preventing various types of cancers caused due to exposure to UV radiations or Ultraviolet Rays (UVR). This factor has increased the use of finished cosmetic products containing octocrylene globally especially in countries like Canada, the United States, etc. China represents one of the major markets across the Asia-Pacific region followed by India and Japan with a growing penetration rate of finished cosmetic products containing octocrylene due to awareness among people and government initiatives. Currently, Octocrylene is an emerging player in the Latin American market. The growth potential of this segment can be attributed to the increasing demand for organic products by consumers across several industries. Furthermore, the growing trend of sun protection has led to increased purchasing power among people that drives the cosmetics industry over there. The Middle East & Africa Octocrylene market is expected to register a high growth rate during the forecasted period.
Increasing awareness about skin cancer caused by excessive exposure to sunlight among consumers is driving this market across the globe. Rising disposable income has been triggering the adoption rate of expensive high-quality products which include anti-aging serum & cream with SPF factor. This can be attributed to increasing penetration rates of Octocrylene worldwide. Increasing awareness among people and government initiatives. The growing trend of sun protection has led to increased purchasing power among people that drives the cosmetics industry over there.
Up Market Research published a new report titled “Octocrylene Market research report which is segmented by Types (Purity Above 95%, Purity Above 98%, Purity Above 99%), By Applications (Sun Care Products, Moisturizers, Decorative Cosmetics, Others), By Players/Companies International Flavorsï¼†Fragrances, Novacap, Abbott, Wako, ID Biomedical, Hologic, Lonza, Exact Sciences, Fujirebio, Becton Dickinson”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Octocrylene Market Research Report|
|By Type||Purity Above 95%, Purity Above 98%, Purity Above 99%|
|By Application||Sun Care Products, Moisturizers, Decorative Cosmetics, Others|
|By Companies||International Flavorsï¼†Fragrances, Novacap, Abbott, Wako, ID Biomedical, Hologic, Lonza, Exact Sciences, Fujirebio, Becton Dickinson|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||249|
|Number of Tables & Figures||175|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Purity Above 95%, Purity Above 98%, Purity Above 99% and By Application Sun Care Products, Moisturizers, Decorative Cosmetics, Others.
Some of the companies that are profiled in this report are:
Octocrylene Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Octocrylene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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