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Cosmetic Antioxidants Market Growth Exclusive Report Study with Forecast to 2028
August 1, 2022 4:26 - Pas de commentaireMarket Synopsis
According to MRFR analysis, the global Cosmetic Antioxidants Market is expected to reach around USD 212 million by the end of 2028 at a CAGR of 6%.
Cosmetic antioxidants are natural and chemically derived antioxidants used in various target markets for cosmetics products such as skincare, haircare, and makeup. Antioxidants are naturally made from vitamins and minerals that include vitamin A, vitamin C, vitamin E, butylated hydroxyanisole (BHA), carotenoids, and butylated hydroxytoluene (BHT), amongst others. These antioxidants are widely used in various anti-aging, anti-inflammatory, UV protection, moisturizing, and hair conditioning products.
Growing personal care and cosmetics industry, aging population, increase in online purchase, and high demand from emerging economies are some of the factors expected to propel the growth of the global cosmetic antioxidants market. Furthermore, the advancements in technology, R&D,and rising demand for natural antioxidants further fuel the development of the global market. However, the high cost of natural antioxidants and rising concerns over synthetic antioxidants hamper the growth of the market.Further, increasing use of natural and green ingredients, followed by the increasing trend of chemical-free food products driving the demand for organic cosmetic and personal care products. Moreover, owing to such growing concerns, there are new certifications introduced in the market compiling the natural products requirement. For instance, Natural Products Association (NPA) designed a regulatory framework - Natural Standard Certification for Personal Care Products. Another prominent trend observed in the market is a continuous focus on multifunctionality as product development. Although multifunctionality is a relatively old trend in the market, it is being extended towards the newer products in the market. With changing lifestyles, consumer needs are evolving toward multifunctionality in various personal care product categories.
Competitive Landscape
The global Cosmetic Antioxidants Market Growth is consolidated with the presence of numerous global, regional, and local players, with prominent players holding the majority share of the market. Some prominent players include BASF SE, Koninklijke DSM N.V., Wacker Chemie AG, Eastman Chemical Company, Lonza Group, Croda International Plc, Ashland Global Holdings, Evonik Industries AG, Kemin Industries, Inc., and Barentz International BV, amongst others. Manufacturers focus mainly on acquisitions, jointventures, and partnerships with key stakeholders to gain a competitive advantage over other players.Furthermore, producers are increasingly focusing on a strategic alliance with stakeholders, new product development,and expansion of production capacities to gain a maximum share of the global market. Moreover, due to the coronavirus outbreak globally, theglobal market has witnessed a decline in demand.
Segmentation
By Type
- This segment has been further bifurcatedintovitamins, carotenoids, polyphenols, enzymes, and others.
- The vitamin segment accounted for the largest market and is expected to record the fastest growth during the forecast period, which is mainly attributed to the health benefits offered by vitamins to the skin and hair.
- The carotenoid segmentis expected to witness healthy growth during the forecast period due to its growing usage in anti-aging products. It enhances the appearance of dry or damaged skin by reducing flaking and restoring suppleness.
- Polyphenols are highly preferred due to their growing usage as anti-inflammatory, anti-aging, antimicrobial, and supporting activity in solar photoprotection.
- Enzymesare highly used in the cosmetic and personal care industry for resurfacing and skin smoothing.
- Other segment includesproducts such as butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), retinol, tert-butylhydroquinone (TBHQ), and propyl gallate (PG), among others.
By Application
- This segment has been further divided into skin care, hair care, and makeup.
- The skin care segmentholds the largest share of the global cosmetic antioxidants market owing to the increased demand for cosmetic antioxidants in skin care products such as moisturizers, sun-screen lotions, anti-aging products, etc.
- The haircare segmentis expected to witness significant growth in the global cosmetic antioxidants market owing to its growingapplication in hair conditioners, shampoos, hair cleansing products, etc.
- The makeupsegment includes applications such as foundation, lipsticks, fragrances, etc.
By Region
- North America:Market growthisdriven bythe presence of a large-scale cosmetic and personal care industry, an aging population, and increasing awareness among consumers about self-care.
- Europe: Established cosmetic industry and strong foothold of leading manufacturers are driving the market in the region.
- Asia-Pacific: This is the largestandfastest-growingregionalmarket owing to the rising cosmetic and personal care industry, increasing government investments, and emerging economies such as India, China, and Thailand.
- Latin America:The growing demand is due to the growing personal care and cosmetic industry in the region, especially in Mexico and Argentina.
- Middle East & Africa:High level of disposable incomes, increase in affinity for cosmetics among the youth population, and significant spending on mass and premium cosmeticsare fuelingthedemand for Cosmetic Antioxidantsin the region.
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Acrylonitrile Butadiene Styrene Market Demand Covid-19 Impact Top Manufacturers, Opportunities and Forecast to 2030
July 27, 2022 8:16 - Pas de commentaireThe global acrylonitrile butadiene styrene market is profiled in great detail in the latest research report from Market Research Future (MRFR), providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the acrylonitrile butadiene styrene market are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the acrylonitrile butadiene styrene market’s growth trajectory over the forecast period are provided in the report. The leading players in the global acrylonitrile butadiene styrene market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global acrylonitrile butadiene styrene market. The major drivers and restraints affecting the global acrylonitrile butadiene styrene market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back.
Acrylonitrile butadiene styrene is a type of thermoplastic-based polymer and is used in a wide range of applications due to its physical durability and resistance to chemicals and heat. Acrylonitrile butadiene styrene is obtained in the form of an amorphous powder, but can be molded into any shape imaginable to be used in a wide array of end uses. The growing construction industry is likely to be a major driver for the acrylonitrile butadiene styrene market over the forecast period. Acrylonitrile butadiene styrene is used in various applications in the construction industry, as it represents a cheap alternative to more expensive materials and provides comparable levels of resistance to heat and chemicals. Growing residential construction is likely to remain a major driver for the global acrylonitrile butadiene styrene market.
The growing demand for household appliances and electrical and electronics industry products is also likely to be a major driver for the global acrylonitrile butadiene styrene market over the forecast period. Due to its favorable physical characteristics, acrylonitrile butadiene styrene is used in the production of a wide range of household appliances made from plastic. Electrical and electronics components are also made from acrylonitrile butadiene styrene, as it presents a significant barrier against electric currents. This is likely to remain a major driver for the global acrylonitrile butadiene styrene market over the forecast period.
Competitive Leaderboard:
Leading players in the global acrylonitrile butadiene styrene market include Ravago Americas, Mitsui Chemicals Inc., Toray Industries Inc., BASF SE, SABIC, Formosa Chemicals and Fibre Corp., Kumho Petrochemical, Trinseo, INEOS Styrolution, and LG Chem.
Segmentation:
The global acrylonitrile butadiene styrene market Demand is segmented on the basis of application and region.
By application, the global acrylonitrile butadiene styrene market is segmented into appliances, electrical and electronics, automotive, building and construction, consumer goods, sports equipment, musical instruments, and others. The appliances segment holds the largest share in the global acrylonitrile butadiene styrene market, followed by the electrical and electronics segment. The appliances segment accounted for 31% of the global acrylonitrile butadiene styrene market in 2016. The growing demand for residential construction projects is likely to be a major driver for the global acrylonitrile butadiene styrene market over the forecast period, as household appliances are majorly used in residential construction projects. Electrical and electronics components also find significant usage in residential construction projects, leading to growing demand for acrylonitrile butadiene styrene.
Regional Analysis:
Asia Pacific is likely to be the dominant regional segment of the global acrylonitrile butadiene styrene market over the forecast period. The growing automotive and construction industries in Asia Pacific are likely to be the major driver for the acrylonitrile butadiene styrene market in the region. The construction industry in Asia Pacific is mainly driven by the growing urbanization in countries such as India and China.
Concrete Bonding Agent Market Report In-Depth Research on Market Size Dynamics, & Emerging Growth Factors 2028
July 27, 2022 7:21 - Pas de commentaireMarket Analysis
The concrete bonding agent market is likely to grow at an admirable CAGR between 2016- 2023, according to the new report by Market Research Future (MRFR). A concrete bonding agent, simply put, is a special purpose synthetic admixture that is added to concrete to confer the same certain significant characteristics. It is mostly used for improving the bonding between the new and old concrete mix. Some of its key properties include excellent corrosion resistance, great temperature tolerance, extend the infrastructure durability, and also boost the concretes’ shelf life.
Various factors are adding to the global concrete bonding agent market growth. According to the new MRFR report, such factors include rapidly increasing urbanization and industrialization coupled with a growing population that has increased the growth of construction activities across the world, increasing investments in repairing of old buildings and in the construction sector by foreign companies, strong industrial base in the construction sector, wide applications in different end use industries, and ease of use. Additional factors adding market growth include an increase in income and living standard of the middle-class population, especially in emerging countries and an increase in decorative interior to provide pleasing finish and aesthetics for residential construction.
On the contrary, limited knowledge & awareness coupled with inadequate and poor workmanship, are factors that may impede the global concrete bonding agent market growth over the forecast period.
Market Segmentation
The MRFR report gives an inclusive segmental analysis of the global concrete bonding agent market Report based on agent and application.
By agent, the global concrete bonding agent market is segmented into epoxy based agent, cementitious latex based agent, and others. Of these, the cementitious latex based agent segment will lead the market over the forecast period.
By application, the global concrete bonding agent market is segmented into flooring, marine, construction, decorative, repairing, and others. Of these, the repairing segment will dominate the market over the forecast period.
Key Players
Eminent players profiled in the global concrete bonding agent market report include Lafargeholcim (Switzerland), GCP Applied Technologies Inc (U.S.), The QUIKRETE Companies (U.S.), The Euclid Chemical Company (U.S.), DowDuPont (U.S.), Saint-Gobain Weber (France), Mapei S.P.A. (Italy), Fosroc, Inc. (U.K), BASF SE (Germany), and Sika AG (Switzerland), among others.
Regional Analysis
Based on the region, the global concrete bonding agent market report covers the growth opportunities and recent trends across North America, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Among these, the APAC region will have the lions share in the market over the forecast period. Improving lifestyle of people, constantly growing construction industry, dynamic economic development, and growing public investment in the infrastructure development project is adding to the global concrete bonding agent market growth in the region. China, South Korea, Japan, and India have the maximum share in the region.
The global concrete bonding agent market in North America is predicted to hold the second-largest share over the forecast period. The US has the maximum share in the market for the burgeoning demand for concrete bonding agents from the growing number of reconstruction activities in this country. It is the leading market with regards to the investment in the marine industry that is likely to favor the growth of the concrete bonding agent market growth in the region.
The global concrete bonding agent market in Europe is predicted to have admirable growth over the forecast period. Italy, France, Germany, and the UK have a maximum share in the region.
The global concrete bonding agent market in Latin America and the MEA is predicted to have significant growth over the forecast period. Recent economic and political turmoil is adding to the concrete bonding agent market growth in Latin America. On the other hand, the presence & growth of the building construction industry is adding to the concrete bonding agent market growth in the MEA.
Ethoxylates Market Share 2020 : Report Presents an Overall Analysis, Driving Forces, Opportunities & Future Potential 2030
July 27, 2022 6:47 - Pas de commentaireOverview:
The global market for ethoxylates is slated to score past a volume of 7,431 KT by 2030 at a 3.36% CAGR during the forecast period of 2020 to 2030. Market Research Future (MRFR) dug deep into various aspects of the market to understand how the market may flow in the coming days. These factors are the rising inclusion of the product in the development of various personal care products, the growing inclusion of alcohol ethoxylates in the development of household items, a surge in intake of the product in the pharmaceutical industry, and others. Value-wise, the market has a chance to surpass 3.6% CAGR during the forecast period. However, the global market may suffer from the toxic nature of the product.
Segmentation:
The global ethoxylates market Report has been segmented into a starter chain, application, and type. These segments have data that were fetched by expert MRFR analysts to gauge the market flow in a better way. These data are backed by figures, graphs, charts, and other scientific approaches. The process makes the insights credible and helps substantially in the understanding of strategies.
By type, the ethoxylates market has been segmented into fatty acid ethoxylates, alcohol ethoxylates, fatty amine ethoxylates, ethyl ester ethoxylates, glyceride ethoxylates, methyl ester ethoxylates, polyethylene glycol, glyceride ethoxylates, and others. The alcohol ethoxylates are finding substantial growth due to its strong demand in various end user industries.
By application, the global study of the ethoxylates market has been segmented into agrochemicals, pharmaceuticals, oilfield chemicals, household & personal care, and others. The personal care segment is witnessing rapid growth due to the product's use as supporting components in the manufacturing of skin and hair-related products. In household applications, the product is expected to gain support from the detergent industry.
Competitive Landscape:
DowDuPont Inc., BASF SE, Arkema SA, Roya Dutch Shell PLC, AkzoNobel N.V., Huntsman International LLC, Solvay SA, Evonik Industries AG, SABIC, Sasol Ltd., Ineos Group Limited, Mitsui Chemicals, Inc., and others, these are some of the major companies taking part in the progress of the global market. Their strategic moves are also improving their market position. Merger, innovation, spurring the investment for research and development sector, acquisition, tie-ups, innovative branding and marketing strategies, launching of new products, and others are expected to make sure the market stays on its course. MRFR documented several changes that took place in recent years to understand how the market is going to get impacted by trends. On the other hand, these companies have the potential to trigger new trends, which will increase the growth rate of the market.
Industry News:
The global market is witnessing a steep rise in the permeation of alcohol ethoxylates across several industries. Its demand is high in the manufacturing of detergents, pharmaceutical products, personal care items, and others. After the COVID-19 pandemic, various industries have increased their intake of alcohol-based products to ensure the highest level of hygiene. This has eased the permeation of ethoxylates across these industries. In fact, the demand is so high, at times, companies are failing to supply them properly.
Regional Analysis:
In Asia Pacific, the ethoxylates market may surpass a valuation of USD 5,500 million by the end of 2030, with a 4.36% CAGR during the forecast period. This is due to the rising intake of the product in China, Japan, South Korea, India, and others to boost their various industries. In North America and Europe, the market may witness slackening pace due to various safety regulations.
Mercaptan Market analysis Latest Trends, Demand And Analysis 2030
July 27, 2022 6:37 - Pas de commentaireMarket Synopsis
According to the MRFR analysis, the global mercaptan market size was valued at USD 1,649.96 million in 2020 and is projected to reach USD 2,693.57 million by 2030 at a CAGR of 5.35%.
Mercaptan is a complex industrial sector influencing almost every sphere of life. Mercaptan are chemical derivatives of thiochemicals. They are made from the hydrogen sulfide, ethylene, methanol and propene. Mercaptan are broadly classified into these types—methyl mercaptan, ethyl mercaptan, propyl mercaptan, butyl mercaptan, octyl mercaptan and dodecyl mercaptan. Mercaptan is finding wide application in the oil & gas industry as a catalyst activator in the desulfurization process of gasoline and diesel to meet the growing regulation relating to the sulfur content of fuels across various countries to keep a controlled check on emission levels The mercaptan industry links the downstream industries such as construction, and automotive with the upstream oil & gas, plastic and agrochemicals industries.
Competitive Landscape
The global Mercaptan Market analysis is highly fragmented and consists of many organized and unorganized industry players. Manufacturers focuses mainly on expansion of production capacities, continuous product launch, and collaborations with key stakeholders to gain a competitive advantage over other players. Key players include Chevron Phillips Chemical Company LLC., ARKEMA, Huntsman International LLC., Evonik, TORAY FINE CHEMICALS CO., LTD., and Jiande Xingfeng Chemical Co., Ltd.
Segmentation
By Application
- Pesticides: Mercaptan is used in pesticides, majorly as an odorant. Primarily, it is used to produce methionine, which is used as an intermediate in producing pesticides and fungicides. It has a strong odor and is not harmful to humans in smaller quantities. It is widely used in pesticides and fungicides. The strong odor of mercaptan helps increase the odor of pesticides which distract pests from the crops.
- Jet Fuels and Plastics: Mercaptan is utilized as a chemical intermediary in the production of jet fuel and various polymers. Like other applications, Mercaptan is not used as an odorant in jet fuel to detect leakage but Mercaptan is used in the jet fuel manufacturing process
- Natural Gas: As natural gas is non-corrosive, mercaptan is highly used in natural gas as an additive. The major use of mercaptan in natural gas is that humans can detect in case of leakage. The use of mercaptan as an additive in LPG is growing. It helps add odor to natural gas, which is highly beneficial in reducing gas leakages. With the growing demand for LPG cylinders across urban areas worldwide, mercaptan as an additive is expected to witness a rising demand in the forecasted period.
- Food and Nutrition: Mercaptan is used majorly in the production of methionine. The major advantage of methionine is that it can convert sulphur containing molecules. methionine can help in tissue protection in animals and humans. Methionine is the amino acid that acts as a building block and makes proteins. It is an essential element in dietary supplements. Besides food and beverage additives, mercaptan is also used in alcoholic beverages, baked goods, fats & oils, frozen dairy, gelatins, pudding, meat products, soft candy, and nonalcoholic beverages.
- Animal Feed: Mercaptan is used in the synthesis of amino acid methionine. Methionine is the type of amino acid which are found in foods. It is used as an additive in the dietary supplement in the poultry and animal feed industry. It is also essential for producing pesticides, fungicides, and animal feed additives.
- Others: The others segment covers mercaptans are used in health & hygiene, pharmaceuticals, dyes & inks.
By Type
- Methyl Mercaptan: Methyl Mercaptan, more commonly known as methanethiol, is an organosulfur compound that contains sulfur. Methyl mercaptan is a colorless, flammable gas found in coal tar and petroleum. Methanethiol is also found in some foods such as onion, radish, nuts, cheese, and asparagus.
- Ethyl Mercaptan: Ethyl Mercaptan is, also known as ethanethiol, are organ sulfur compound with a distinct odor, ethyl mercaptan in high concentration is highly toxic. It is added to odorless gases such as butane, propane, and petroleum. Ethyl mercaptan acts as a warning odor. Ethanethiol is also used to manufacture fungicides, pharmaceutical products, insecticides, resins, and other chemicals.
- Propyl Mercaptan: Propyl Mercaptan, also known as propanetriol, is an organic compound. It is a colorless liquid with a strong and offensive odor. Propanetriol is slightly soluble with water and is moderately toxic and highly flammable. It is used in feedstock for insecticides. It is also used extensively in food and nutrition applications, specifically in the agrochemical industry. Propyl mercaptan is primarily used in essential products for growing crops, raising livestock, and maintaining fertility in the land.
- Butyl Mercaptan: Butyl Mercaptan, more commonly known as butanethiol, is a yellow color volatile odor liquid. Butyl mercaptan is a highly toxic chemical compound and can create serious health issues for humans and animals. Butyl mercaptan is highly flammable and can catch fire easily. It is primarily used in cotton defoliants and stink bombs. They are also used as an additive in certain foods to enhance flavor.
- Octyl Mercaptan: Octyl Mercaptan, also known as 1-Octanethiol, is an organic compound. It is a white color liquid with a mild odor. Octyl mercaptan is used to improve charge injection by creating a monolayer of this material on gold source-drain electrode surfaces for bottom-contact thin-film transistors (TFTs).
- Dodecyl Mercaptan: Dodecyl Mercaptan, also known as 1-Dodecanethiol, is utilized as a reactant in producing antioxidants, reducing the negative effects of processes like tin stabilization. Dodecyl mercaptan is mostly used to produce plastic, drugs, and the rubber industry.
- Others: The others segment covers hexyl mercaptan, nony mercaptan, benzyl mercaptan, and furfuryl mercaptan.
By Region
- North America: The growth in the North America mercaptan market is mainly attributed to the shale gas discoveries in the US and Canada, which has significantly increased the supply of natural gas liquids, transforming North America into a low-cost region for the production of chemicals
- Europe: Implementing The growth in this region can be mostly attributed to technological advancements.
- Asia-Pacific: Asia-Pacific is expected to emerge as the fastest-growing regional market due to various factors such as increasing government investment focused on agrochemicals production. China and India are anticipated to dominate the Asia-Pacific market over the forthcoming years.
- Latin America: The growing demand is due to the rise in industrialization and urbanization in major countries.
- Middle East & Africa: Increase in government investments is fueling the demand for mercaptan in the region.
