UV Filter Market Is Set To Rise On The Back Of Cream Formulations In Over The Medium- And Long-Term Forecast Period 2022-2030

Global UV Filter Industry Current Scenario and Future Outlook


The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The UV Filter industry suffered a huge setback due to halted production and a limited supply of raw materials.

With the vaccination process picking up pace in countries like China, India, the U.S., the U.K., and Germany, manufacturers are gradually heading towards the road to recovery with an improved supply chain and streamlined production activities.

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Regional Outlook of UV Filter Market

The North America UV filter market has captured a lion's share, and is set to maintain its dominance right to the end of the forecast period. North America's dominance in the market over Europe is due to fewer regulations in the personal care chemicals market.

Followed by North America, Europe captures near 25% of the global UV filter market share, is set to be propelled over the mid-term forecast period owing to the region's opening of doors to inorganic filters. In long run, East Asia is assessed to have a higher market potential, owing to rapidly changing personal care product manufacturing profiles in the region.

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Infrastructure Expansion in the U.S. is Fueling Demand for UV Filter
The UV Filter chemical industry in the U.S. suffered a huge setback due to the coronavirus outbreak in 2022, halting operations in industries such as construction, automotive, and pharmaceutical.

However, with the gradual resumption of production activities and improvements in the supply chain globally, manufacturers operating in the UV Filter chemical industry are gearing up to retain the industry's post-pandemic status.

Rising demand for UV Filter dispersants from the construction and oil & gas industry is driving the UV Filter chemical industry in the U.S. UV Filter dispersants are widely used in the construction industry, and the anticipated growth is attributable to the wide expanse of real estate in the country.

Increasing housing infrastructure projects are propelling UV Filter dispersant sales, thus augmenting the growth of the UV Filter chemical industry. The presence of leading players in the country is also driving sales and export in the UV Filter chemical industry.

UV Filter Market Manufacturers: Key Strategies

The global UV filter market is fragmented in nature. BASF, Ashland, DSM, Lonza, Solvay, Dow, and Croda are the few key market players in the top tier accounting for over 40% of the global supply of UV filters.

Players have adopted organic strategies in prominent growth regions. For instance, in FY2019, UV Filter leader, BASF, announced the expansion and debottlenecking at its production sites in Grenzach and Ludwigshafen.

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U.K is Capitalizing on UV Filter Binders for Sustainable Construction Activities


The U.K. has been at the forefront in terms of technological advancements and the adoption of sustainable technology in production globally, which is a key factor augmenting the growth of the UV Filter chemical industry.

In 2022, the country suffered huge setbacks due to the adverse effects caused by the COVID-19 pandemic. However, manufacturers operating in the UV Filter chemical industry are striving to achieve the pre-pandemic status by opting for various UV Filter and inBenzaldehyde growth strategies.

In the U.K, the growth of the UV Filter industry can be attributed to the surging demand for UV Filter binders. The environment-friendly nature, low energy consumption, and cost-effectiveness offered by UV Filter binders are key factors leading the sales and demand.

Growing urbanization and rapid increments in infrastructure activities across the country are fueling the demand for UV Filter binders, thus creating lucrative opportunities for several players operating in the UV Filter chemical industry in the upcoming decade.

China is Incorporating UV Filter Pigments in Textiles and Visual Arts

The global hub for the UV Filter chemical industry, China, is picking up pace in its post-covid recovery, due to the timely eradication of the virus. With little to no restrictions, most production-related activities have resumed across the country, acting as anchors for various local and global manufacturers.

China is a lucrative ground for the UV Filter industry due to the presence of leading manufacturers and several industries such as textile, pharmaceutical, plastic, and paint. Due to the abundance of these industries, the demand for UV Filter pigments is also gaining immense traction in China.

UV Filter pigments are non-toxic, cost-effective, and offer good color strength, making them a favorable choice for usage in various end-use sectors. Increasing the use of UV Filter pigments in plastics, textiles, paints, and coatings will continue driving the growth in the UV Filter industry.

Additionally, the wide range of unique shades available in UV Filter pigments makes them a preferred choice for visual arts as well. The consumption of UV Filter pigments in high-tech applications such as photo-reprographics, optoelectronic displays, and optical data storage are fueling the demand for UV Filter pigments and creating lucrative opportunities for players operating in the UV Filter industry.

India Will Showcase High Demand for Speciality UV Filter

India is emerging as a lucrative market for the UV Filter chemical industries for players across the world. With gradual resumptions in the restrictions on movement, the country is slowly getting back on track to achieve post-pandemic status in the coming years.

The UV Filter industry in India is capitalizing on various sectors such as paints, pharmaceuticals, adhesives, pesticides, and dyes, making it one of the most important industries in the country.

Leading players operating in the UV Filter industry are focusing on enhancing their product portfolio by adding specialty chemicals such as polymer additives, water treatment chemicals, and lubricating additives, which will further drive growth and sales in the industry in the upcoming decade.

The newly discovered natural gas reserves in the country will also enable manufacturers to procure diverse UV Filter and will continue augmenting the growth of the UV Filter chemical industry.


Key Long-Term Trends

The global UV Filter industry is gradually recovering in 2021 and is expected to gain momentum in the upcoming years. With a noteworthy surge in activities in industries such as infrastructure, construction, pharmaceutical, and oil & gas, the UV Filter industry will show an upward trend in the coming years. Some new trends that are augmenting the market growth are:


Chemoinformatic

The UV Filter industry will largely benefit from chemoinformatic due to various factors such as the ease of evaluating specific properties of large compounds. The use of computational and informational techniques will help manufacturers gain insights into the new and existing chemicals and how to incorporate them into UV Filter chemical products.

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This release was published on openPR.