Hydrogenated Polydecene Market by Manufacturers, Types, Regions and Application Research Report Forecast

Hydrogenated Polydecene Market Introduction:

Hydrogenated polydecene is a transparent oily liquid polymer. It is also called ‘vinyl -type copolymer.’ Hydrogenated polydecene is prepared by controlled hydrogenation of polydecene.
Hydrogenated polydecene is used in various applications. It is a used as fragrance ingredient. It is an oily substance; therefore, it can be used to moisturize dry skin. Hydrogenated polydecene is able to form a transparent but impermeable film over the skin or hair surface. This preserves the skin’s own moisture and does not allow the damaging stimuli to bother the skin.
In terms of application, the global hydrogenated polydecene market can be segmented into hair care products, skin care products, and others. The skin care products segment is expected to expand at a significant pace during the forecast period. Various manufacturers of skin care products use hydrogenated polydecene as an ingredient in product formulations, as it is easily spreadable and allows for an even and easy application of creams. Being an emollient, it also provides moisturizing benefits.

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Key Drivers of Hydrogenated Polydecene Market

Rise in usage of hydrogenated polydecene in skin care and cosmetic products is expected to augment the hydrogenated polydecene market during the forecast period. Hydrogenated polydecene is a hydrocarbon-based emollient, which is available in different viscosities. Hydrogenated polydecene forms a non-occlusive film on the surface of the skin and brings gloss without greasiness to the formula. It is a pure and hypoallergenic emollient that is ideal for baby care products. These factors are driving the consumption of hydrogenated polydecene in skin care and cosmetic products.
Rapid expansion in the personal care industry is anticipated to boost the hydrogenated polydecene market during the forecast period. Demand for face creams, sunscreens, and body lotions has been increasing across the globe due to rise in awareness about skin care and improvement in standard of living of the people. Growth in the e-commerce sector is also boosting the consumption of skin care and cosmetics products, thereby driving the market. Technological and product innovations have led to an increase in demand for skin care products

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Restraints of Hydrogenated Polydecene Market

Dearth of universal directives pertaining to applications of hydrogenated polydecene is likely to hamper the market in the near future. Every country has different directives and legislations pertaining to the use of hydrogenated polydecene. Companies find it difficult to comply with these country-wise directives and legislations. This can discourage investment in the hydrogenated polydecene market, thereby hampering the market.
Lack of awareness and low rate of adoption of hydrogenated polydecene in several developed and underdeveloped countries are also projected to restrain the market during the forecast period

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COVID-19 Impact on Hydrogenated Polydecene Market

In the wake of the COVID-19 pandemic, the beauty & personal care (BPC) industry has witnessed a contraction across the globe. However, the impact is not as severe as that in other industries. Discretionary spending has reduced and consumer behavior has shifted toward safe and reliable products. Brick-and-mortar drugstores and mass-market and grocery stores are reopening now and their customer traffic has been increasing steadily.
Key players operating in the hydrogenated polydecene are primarily tier I and tier II manufacturers and suppliers. Manufacture and supply chain facilities of these manufacturers are located across various countries in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Several of these players have halted their production output over the last few months due to the COVID-19 pandemic. The pandemic has negatively impacted the demand and supply chain of products. Thus, the global hydrogenated polydecene market is projected to contract in 2020 due to the COVID-19 pandemic.

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