Press release
UV Booster Utilization Is Anticipated To Grow At A CAGR Of 5.1% By 2033
The global market for UV boosters is predicted to reach US$ 121.5 million in 2023 by the latest analysis from Fact.MR, and it is anticipated to expand at a CAGR of 5.1% from 2022 to 2033.In order to lower their chance of being exposed to dangerous UV rays, consumers around the world are demanding cosmetic products with high SPF. UV boosters, commonly referred to as SPF boosters, have gained popularity as a way to raise the value of SPF and UVA in cosmetic products by increasing their effectiveness and adding additional skin-protective qualities. Water resistance is a trait that some products can also have. In order to guarantee the quality of the water-resistance feature in sunscreens, boosters have become a crucial component of personal care formulations.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=S&rep_id=8081?PS
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข By product, benzophenone held the greatest market share in 2022, with a share of 36.5%.
โข The skin care market is anticipated to expand by application at a CAGR of 5.4% from 2023 to 2033.
โข According to forecasts, East Asia will account for 26.5% of the worldwide market share in 2023 and will generate US$56.6 million by 2033.
โข During the years 2023 to 2033, the European market is anticipated to develop at a CAGR of 4.7% and have an absolute dollar potential worth US$16.6 million.
"Skin care products will be the largest demand creator for UV boosters due to the growing demand for water-resistant features in sunscreen products," says a Fact.MR analyst.
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐จ๐ฉ ๐๐ผ๐ผ๐๐๐ฒ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
By Product:
โข Benzamidine
โข Benzophenone
โข Triazine
โข Benzotriazole
โข Others
By Application:
โข Skin Care Cosmetics
โข Hair Care Cosmetics
โข Make-up Cosmetics
By Region:
โข North America
โข Latin America
โข Europe
โข East Asia
โข South-East Asia & Oceania
โข Middle East & Africa
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8081?PS
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐
Future market participants in UV boosters will concentrate on cosmetic companies who create products with high SPF ratings because this will force them to use more UV boosters in the production of their various skin care, hair care, and other cosmetic items.
The techniques used by manufacturers to create these boosters need to be improved in order to produce high-quality products that are best suited for sun protection. Additionally, producers of UV boosters should continue to place a high priority on collaborating with cosmetic firms because doing so will help them better understand consumer needs and give them the ability to develop products that are suited for particular applications and markets around the world.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ
โข Azelis (Dewolf Chemical)
โข Allnex
โข Perma Chink Systems Inc.
โข BASF SE
โข Clariant AG
โข Solvay SA
โข Huntsman Corporation
โข Milliken Chemical
โข Spectrum Chemical
โข Adeka Corporation
โข Croda International PLC
๐๐ฒ๐ ๐๐๐น๐น ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/checkout/8081?PS
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the UV boosters market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.
The study reveals essential insights based on product (benzamidine, benzophenone, triazine, benzotriazole, others) and application (skin care cosmetics, hair care cosmetics, make-up cosmetics (lipsticks & lip balms, foundation, others (concealers, etc.)), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
Contact:
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Tel: +1 (628) 251-1583
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
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