openPR Logo
Press release

Global Quaternium-15 Market Demand & Supply Trends, Current Issues and Challenges, Companies and Competitor Landscape, Technological Improvements Steering Growth during 2018-2027

12-18-2018 08:47 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Quaternium-15 Market Demand & Supply Trends, Current

The Global Quaternium-15 Market is likely to have a sluggish growth rate during the forecast period due to the stringent rules and regulation passed by government of various countries. Quaternium- 15 which is extensively used by the cosmetic industries as preservatives is known to release formaldehyde. Formaldehyde is known to cause harmful side effects to one’s skin. This is the reason that several regulatory bodies has asked various industries to reduce the use of quaternium-15. Quaternium-15 has paved its way into our daily life, as it is present in shampoo, soap, and toilet bowl cleaners, and moisturizers.

Request a Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=769

Quaternium-15 is known to release slowly but continuously formaldehyde, which the International Agency for Research on Cancer has classified it is as human carcinogen. Laboratory studies has shown that the formaldehyde present in the maximum number of cosmetics item that we use on daily basis, can also be absorbed through the skin, thus not only damaging the skin but also can bring serious threat to a body internally. Formaldehyde is known to cause allergic skin reactions and can also impact one’s immune system. Formaldehyde is capable of causing fatal diseases such as nasopharyngeal and nasal cancer. Several cosmetic manufacturing players have started to curb the use of quaternium-15 as preservatives and is experimenting with other preservatives.

Stringent Regulatory Framework Continues to Create Challenges for Wide-spread Adoption of Quaternium-15

The market for quaternium-15 is projected to grow at a staggering rate under the influence of stringent regulatory frameworks. Quaternium-15 is an ammonium salt which is used as a preservative in the cosmetics industry, the pharmaceutical industry, and other industrial applications. As an ingredient, it is found in personal care products such as soaps and shampoos and in industrial wax, ink, polishes, paints, and metal-working fluids. Although once considered as an important preservative, quaternium-15 releases formaldehyde and, hence, is classified under the category of carcinogenic, mutagenic, and reprotoxic – CMR substance. While experiencing the resistance of stringent regulations, steady demand from the cosmetics industry is likely to support the dwindling growth of the quaternium-15 market.

Regulatory Frameworks Influencing the Market Growth

As preservatives are indispensable to prevent the growth of microorganisms, cosmetic products such as skin care, hair care, as well as nail care include quaternium-15 as a preservative. However, they are the most common cause of contact dermatitis, and quaternium-15 is among the top 10 listed allergens by the European Commission. After formaldehyde’s classification under CMR 1B substance, products containing or releasing formaldehyde were banned for the introduction in the market. Further, the US Occupational Safety and Health Administration (OSHA) has introduced limits on the amount of formaldehyde that workers can be exposed. With such intensified regulations over the use of formaldehyde, the quaternium-15 market is expected to grow slowly in the future.

Quaternium-15 Phase-Out to Intensify the Market Challenge

The maximum allowed concentration of quaternium-15 as a preservative is 0.2%. The chemical has been studied to cause allergies or other harmful effects when used in higher doses. However, raised consumer awareness for product ingredients has led to choosing the products that have a clean label as opposed to those containing hazardous chemicals. On account of this, leading manufacturers of cosmetics are actively adopting the exemption of chemicals that are hazardous to human health. For instance, Johnson & Johnson, a well-known personal care product manufacturer, following the obligation from consumers, phased out quaternium-15 or any other formaldehyde-releasing ingredient from their baby products. In addition, the manufacturer has also introduced natural personal care product line without formaldehyde.

Request Full Report with TOC: https://www.factmr.com/report/769/quaternium-15-market

Emerging Alternatives to Hinder the Market Growth

With the rising concern of chemicals used in consumer products and their harmful health impacts, natural preservatives are sought-after to replace synthetic preservatives. For instance, Nisin is a natural preservative successfully employed in the food industry. It is a bacteriocin derived from Lactococcus lactis bacteria. Apart from the food industry, the preservatives are under study to be used in cosmetics and topical products with the aim to replace synthetic preservatives in current products. As preservatives are indispensable in cosmetic products, entry of new natural preservatives in the market is likely to influence future growth of the quaternium-15 market.

Clean Labels Barricade Adoption of Quaternium-15 Containing Products

Cosmetics and personal care industry titans including Procter & Gamble, Johnson & Johnson, and Unilever, have voluntarily revealed their product ingredients to enhance transparency between the products and consumers. The clean label initiative has increased the pool of aware consumers that seek in-depth knowledge about products they consume. As quaternium-15 is listed among CMR substances, consumers are seeking labels without such allergens. Thus, with the increased preference for product transparency, demand for cosmetics and personal care products containing quaternium-15 market is likely to witness challenges in coming future.

In addition, it has been studied that quaternium-15 also have environmental impacts in terms of waterways contamination which negatively affect aquatic ecosystems and animals.

Persistent Rise of the Cosmetics Industry to Support the Market Growth

The growth of the cosmetics industry remains largely impervious to the global economic scenario. Driven by changing consumer demographics and traditional as well as modern preferences, the market for beauty products and cosmetics continues to grow steadily. Quaternium-15 is considered safe if used under the maximum allowed concentrations. Although industry titans are actively involved in the quaternium-15 phase out, small and medium-sized market players that target middle and lower-class population, continue to introduce the cost-effective quaternium-15 in cosmetics. Because of this, the demand for this preservative in the cosmetics industry is estimated to support the plunging market of quaternium-15 in the review period.

Ask Industry Expert about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=769

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Quaternium-15 Market Demand & Supply Trends, Current Issues and Challenges, Companies and Competitor Landscape, Technological Improvements Steering Growth during 2018-2027 here

News-ID: 1446393 • Views: 115

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for Johnson

Catheters Market - Evolution Landscape 2025 | Medtronics, Inc., Johnson & Johnso …
Global Catheters Market: Snapshot Catheters are medical tubes that are inserted in the body cavities, vessels, or ducts to remove fluids, perform a surgery, or treat diseases. Whereas, catheters are mostly used for removing fluids by inserting in body cavities, particularly the bladder. These flexible tubes play a very significant role for aged people and patients with medical conditions that impairs the ability to urinate. Connected to the drainage bags, these
Global Erythropoietin Market 2019 - Amgen, Johnson & Johnson, Roche
This new report by Eon Market Research, titled “Global Erythropoietin Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Erythropoietin industry at a global as well as regional and country level. Key facts analyzed in this report include the Erythropoietin market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study of the competitive
Global Steroid-Corticosteroids Market 2018 - GlaxoSmithKline, Pfizer, Johnson an …
Apex Market Reports, recently published a detailed market research study focused on the “Steroid-Corticosteroids Market” across the global, regional and country level. The report provides 360° analysis of “Steroid-Corticosteroids Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Steroid-Corticosteroids on the basis of
Global Precision Medicine Market 2018 - Johnson & Johnson, IBM, GE Healthcare
The statistical surveying information incorporated into the Precision Medicine report is the aftereffect of significant essential and optional research exercises. The report fragments the worldwide market for Precision Medicine based on makers, item compose, applications, and Region. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the worldwide Precision Medicine advertise covering key factors, for example, drivers and
United States Triamcinolone Market Report 2016 : Sanofi, Pfizer, Johnson & Johns …
Qyresearchreports include new market research report "United States Triamcinolone Market Report 2016" to its huge collection of research reports. The research study detailed in the report on the United States Triamcinolone market presents an extensive databank of information that covers all aspects related to the market. Some of these aspects are directly related to the market’s functions. Considering the economic and legal governing factors, the Triamcinolone market is described on the
Global Sunscreen Market 2018-2023 L’Oreal, Kose, Johnson & Johnson
Sunscreen Market Research 2018 A market study "Global Sunscreen Market" examines the performance of the Sunscreen market 2018. It encloses an in-depth Research of the Sunscreen market state and the competitive landscape globally. This report analyzes the potential of Sunscreen market in the present and the future prospects from various angles in detail. The Global Sunscreen Market 2018 report includes Sunscreen market Revenue, market Share, Sunscreen industry volume, market Trends, Sunscreen Growth