NEW YORK, Dec. 12, 2016 /PRNewswire/ -- Opportunities identified by UV filter type (organic, inorganic), by UV filter ingredient type (EHMC, BMBM, ZNO, TiO2, OCR, HMS, others], transportation), by UV filter application type (skin care, hair care, others), by region (North America, Europe, Asia Pacific, Rest of the World)
The future of the global UV filter market for personal care products looks very promising with opportunities in organic and inorganic UV filter. The global UV filter market for personal care products is expected to reach an estimated $672 million by 2021 and it is forecast to grow at a CAGR of 3.1% by value from 2016 to 2021. The major drivers of growth for this market are increasing awareness of consumers about the potentially harmful effects of UV rays and strong demand for anti-aging products.
Emerging trends, which have a direct impact on the dynamics of the industry, include the introduction of nano particles in the manufacturing of UV filters; these filters give a transparent look and do not leave white residue on skin.
A total of 73 figures / charts and 19 tables are provided in this 100-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this report, download the report brochure.
The study includes a forecast for the global UV filter market for personal care products by UV filter type, ingredient type, filter application type, and by region as follows:
By UV filter type (Value ($M) and Volume (M lbs) shipment analysis for 2010 – 2021):
By UV filter ingredient type (Volume (M lbs) shipment analysis for 2015):
By UV filter application type (Value ($M) shipment analysis for 2015):
- Skin care
- Hair care
By region (Value ($M) shipment analysis for 2010 – 2021):
- North America
- Asia Pacific
- Rest of the World
BASF, DOW Chemical Co., Merck & Co., Evonik Industries AG, Royal DSM, Ashland Inc., Symrise AG are among the major suppliers of the UV filter market for personal care products.
On the basis of its comprehensive research, Lucintel forecasts that the inorganic UV filter is expected to show above average growth during the forecast period.
Within the global UV filter market for personal care products, the organic UV filter is expected to remain the largest market. There has been increased usage of UV filters in sun care products because organic UV filters absorb the ultraviolet light and convert it into a small amount of heat. UV filters are also compatible with inorganic ingredients, which would spur growth for this segment over the forecast period.
Europe is expected to remain the largest market due to harsh climate conditions and better consumer education on the importance of sun protection.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth in the global UV filter market for personal care products by UV filter type (organic and inorganic, by ingredient type (EHMC, BMBM, ZnO, TiO2, OCR, and HMS) and by region (North America, Europe, APAC, and ROW)?
Q.2. Which product segment will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are emerging trends in this market and reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market and which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
Q.11. What M & A activities have transpired in the last 5 years in this market and what impact have these activities had on the industry?
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team.
The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors' financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel's professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market.
Some of the manufacturers in global UV filter market for personal care products are BASF, Royal DSM, Symrise AG and others.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
Read the full report: http://www.reportlinker.com/p04445320-summary/view-report.html
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: firstname.lastname@example.org
Intl: +1 339-368-6001
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-uv-filter-market-for-personal-care-products-300376893.html