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Global Carbomer Market Size to Grow at a CAGR of 6.54% in the Forecast Period of 2022-2027

12-15-2022 02:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Global Carbomer Market Size to Grow at a CAGR of 6.54% in

The 'Global Carbomer Market Report and Forecast 2022-2027' by Expert Market Research gives an extensive outlook of the global carbomer market, assessing the market on the basis of its segments like physical shape, packaging, distribution channels, manufacturing method, type, application, and major regions.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/carbomer-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 798.2 million
• Forecast CAGR (2022-2027): 6.54%
• Forecast Market Size (2027): USD 1,167.9 million

The global carbomer market is expected to register growth during the forecast period on account of the surging consumer demand for brightening and lightening skincare and anti-aging products. This is due to the growing aging population across the globe. The formulation and development of innovative products with active ingredients that cater to specific skin requirements of consumers are likely to fuel the market growth of carbomer globally.

The growing pharmaceutical industry is likely to push forward the carbomer market growth due to the significant usage of carbomers in pharmaceutical ingredients. The increase in demand for vitamin capsules and hand sanitisers, among other major medicines being approved for regular use, is further expected to enhance the carbomer market demand in the pharmaceutical industry.

Carbomer Industry Definition and Major Segments

A carbomer is a homopolymer that is primarily prepared from acrylic acid and bonded or cross-linked with polyalcohol allyl ethers. It is created in the synthesisation process of azobisisobutyronitrile (AIBN) or potassium persulfate, produced in the form of a white powder. Used as an emulsion stabiliser and as a thickening agent, carbomers are widely used in cosmetics, personal care products, and medication, with additional applications in agriculture, electronics, and construction, among others.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/carbomer-market

Based on physical shape, the market is segmented into:

• Solid
• Liquid
• Powder
• Crystals
• Granules

By packaging, the market is classified into:

• Bags
• Bottles
• Drums
• Others

On the basis of distribution channel, the market is categorised into:

• Large Retailers
• Online Portals
• Pharmacies
• Others

Based on manufacturing method, the market is bifurcated into:

• Free Radical Polymerisation
• Others

On the basis of type, the market is divided into:

• Carbomer 940
• Carbomer 980
• Carbomer 676
• Carbomer U20
• Carbomer U21
• Carbomer SF-1
• Others

Based on application, the market is segmented into:

• Personal Care and Cosmetics
• Pharmaceutical Industry
• Others

On the basis of region, the market is divided into:

• North America
• Latin America
• Asia Pacific
• Europe
• Middle East and Africa

Carbomer Market Trends

The increasing research and development activities coupled with the rapid growth in the healthcare industry are likely to drive the market growth of carbomers across the globe. The demand for carbomers in the pharmaceutical industry is expected to fuel the market growth as they are utilised in pharmaceutical processes as suspending agents, emulsifiers, binding agents, and gel bases.

The surging trend of male grooming products, growing usage of surfactants for personal care products, and increasing demands from the detergent and adhesive industries are expected to fuel the market growth of carbomers.
Geographically, the Asia Pacific region is anticipated to drive the carbomer market growth on account of the increase in the production of pharmaceuticals, personal care and cosmetics, and household, industrial and institutional (HI&I) cleaning products.

The rising consumer spending on healthcare, favourable regulations by various governments, and the surging population is expected to propel the market growth of carbomer. There is also a surging demand for carbomer, especially in economies such as Japan, China, and India for use in the pharmaceutical and cosmetics industries.

Meanwhile, Europe is anticipated to gain momentum over the coming years in the carbomer market growth on account of the strong presence of personal care product manufacturers like Unilever, and L'Oréal, among others.

Key Market Players

The major players in the Global Carbomer Market are :

The Lubrizol Corporation
Guangzhou Tinci Materials Technology Co., Ltd.
SNF (UK) Ltd
Anhui Newman Fine Chemicals Co., Ltd.
Evonik Industries AG
Sumitomo Seika Chemicals Co., Ltd.
Corel Pharma Chem.
Guangzhou DX Chemical Co.
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.

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Media Contact:

Company Name: Claight Corporation
Contact Person: Shira Ellis, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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