Press release
Active Ingredients Market 2020: Global Analysis, Growth Outlook, Trends and Forecast 2027| Top Competitors- Solvay, Koninklijke Ten Cate Bv, TEIJIN LIMITED, TORAY INDUSTRIES
Active Ingredients
Active ingredients market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to growing at a CAGR of 5.30% in the above-mentioned forecast period.
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Rising demand for sun protection, skin whitening, or anti-ageing products with increasing demand for multifunctional ingredients will fuel market growth during forecast period whereas shifting of preference from organic product due it’s high cost will propel demand for market. In addition growing trend cosmetic sector and rising prevalence of men grooming will also drive market growth. Moreover, rising demand product related to youth centric approach has increased application of active ingredients which will create lucrative opportunities for market. However, lack of awareness and high cost of raw material are restraining factors for market whereas traditional concern among people preference of organic products over active ingredients due to long lasting factor and avoidance of synthetic material will be challenging factor for market in coming years.
Major Market Players Covered in the Active Ingredients Market Are:
The major players operating in the active ingredients market report are Solvay, Koninklijke Ten Cate Bv, TEIJIN LIMITED, TORAY INDUSTRIES, SGL Carbon, Celanese Corporation, Convestro AG, POLYONE CORPORATION, Plasticomp, Inc., Akzo Nobel NV, Ashland, Clariant, Evonik Indutries AG, Lucy Meyer, SEPPIC, CP Kelco U.S., Inc., Croda International Plc, Emery Oleochemicals, East Chemical Company, Givaudab, Sonneborn LLC and Vintage Specialty Chemicals, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
North America and Europe are the major regions holding large share in market due to rising government focus on generic medications whereas rising demand for cosmetic section and skin care products. Moreover, high pace of technological advancement and innovation of products will fuel region market growth. In addition, active ingredient market in Asia Pacific is expected to register significant rise in demand due to macroeconomic factor in region.
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Global Active Ingredients Market Scope and Segments
Active ingredients market is segmented on the basis of functionality, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
• Based on functionality, active ingredients market is segmented into conditioning agent, UV filters, anti-ageing agents, skin lightening agents.
• On the basis of application, active ingredients market is segmented into skin care, and hair care. Skin care is further segmented into body care, face care, and sun care and hair care is sub segmented into shampoo and dyes.
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global Active Ingredients Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
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