Press release
Octyl 2-Hydroxybenzoate Market 2023: Product, Overview and Share Forecasted to 2029
Octyl 2-hydroxybenzoate, also known as octyl salicylate, is an organic compound that is widely used in the personal care and cosmetics industry as a UV filter. It is a colorless or pale yellow liquid that is oil-soluble and can absorb UVB radiation.The market for octyl 2-hydroxybenzoate is primarily driven by the increasing demand for sunscreen and personal care products. The rise in awareness about the harmful effects of UV radiation on the skin has led to an increase in the usage of sun protection products, which, in turn, has led to an increase in demand for octyl 2-hydroxybenzoate.
The Asia-Pacific region is the largest market for octyl 2-hydroxybenzoate, with China being the major contributor to the market. The growing middle class population and increasing disposable income in the region are expected to drive the demand for personal care and cosmetics products, thereby boosting the market for octyl 2-hydroxybenzoate.
In addition to the personal care and cosmetics industry, octyl 2-hydroxybenzoate is also used in the pharmaceutical industry as a flavoring agent and as a preservative in food and beverages.
The major players operating in the octyl 2-hydroxybenzoate market include Ashland, BASF, Symrise, Lubrizol Corporation, and DSM, among others. These companies are focusing on product innovation and development, strategic collaborations, and mergers and acquisitions to expand their market share and strengthen their position in the global market.
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Key Players Mentioned in the Global Octyl 2-Hydroxybenzoate Market Research Report:
Siddharth Carbochem Products
MFCI Co.
Clariant
Universal Esters
Our market analysts are experts in deeply segmenting the global Octyl 2-Hydroxybenzoate market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Octyl 2-Hydroxybenzoate market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Octyl 2-Hydroxybenzoate market and plan powerful business tactics to secure a position of strength in the industry.
Global Octyl 2-Hydroxybenzoate Market Segment by Type
Colourless
Light Yellow
Global Octyl 2-Hydroxybenzoate Market Segment by Application
Perfume
Soap
Cosmetics
Sunscreens
Others
Octyl 2-Hydroxybenzoate market research study is incomplete without regional analysis, and we are well aware of it. That is why, the report includes a comprehensive and all-inclusive study that solely concentrates on the geographical growth of the global Octyl 2-Hydroxybenzoate market. The study also includes accurate estimations about market growth at the global, regional, and country levels. It empowers you to understand why some regional markets are flourishing while others are seeing a decline in growth. It also allows you to focus on geographies that hold the potential to create lucrative prospects in the near future.
Important Sections from TOC
Report Overview: It provides a quick look at product and application segments of the global Octyl 2-Hydroxybenzoate market, major players, study objectives, years considered, and research scope.
Executive Summary: It provides an overview of the entire market research study and quick information on the global Octyl 2-Hydroxybenzoate market.
Marketing Strategy Analysis: It includes thorough analysis of downstream customers, distributors, and sales channels.
Market Influence Factors Analysis: It includes Porter's Five Forces Analysis of the global Octyl 2-Hydroxybenzoate market and an in-depth study on market risks, challenges, opportunities, and other dynamics.
Size Forecasts: The Octyl 2-Hydroxybenzoate report has analysed the industry based on the value and volume over the projected period. Other important parameters including price, capacity, cost, revenue, gross margin, sales revenue, and production are also looked into
Future Prospects: The Octyl 2-Hydroxybenzoate report sheds light on the lucrative business prospects that may prove promising for the players to make future investment
Trend Analysis: The readers will gain an insight into the upcoming trends and developments that may take place in the coming future
Market Size by Product and Application: It includes accurate market size forecasts for different product and application segments of the global Octyl 2-Hydroxybenzoate market.
Production by Regions: This section throws light on import and export scenarios, leading players, production value growth rate, and production growth rate of all regions included in the Octyl 2-Hydroxybenzoate report.
Competitive Analysis: The Octyl 2-Hydroxybenzoate report here discusses about the key strategic initiatives considered by the key players to sustain their hold. This analysis will surely help the competitors in planning their activities ahead.
Cost and Price Analysis: The authors of the report have taken into account almost all factors influencing the costing and pricing scenarios of the global Octyl 2-Hydroxybenzoate market.
Recommendations: Players can use the recommendations provided in the report to increase their competitiveness in the global Octyl 2-Hydroxybenzoate market.
Appendix: It covers a disclaimer, author details, data sources, research approach, and research methodology.
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Table of Contents
1 Octyl 2-Hydroxybenzoate Market Overview
1.1 Product Definition
1.2 Octyl 2-Hydroxybenzoate Segment by Type
1.2.1 Global Octyl 2-Hydroxybenzoate Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Colourless
1.2.3 Light Yellow
1.3 Octyl 2-Hydroxybenzoate Segment by Application
1.3.1 Global Octyl 2-Hydroxybenzoate Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Perfume
1.3.3 Soap
1.3.4 Cosmetics
1.3.5 Sunscreens
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Octyl 2-Hydroxybenzoate Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Octyl 2-Hydroxybenzoate Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Octyl 2-Hydroxybenzoate Production Estimates and Forecasts (2018-2029)
1.4.4 Global Octyl 2-Hydroxybenzoate Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Octyl 2-Hydroxybenzoate Production Market Share by Manufacturers (2018-2023)
2.2 Global Octyl 2-Hydroxybenzoate Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Octyl 2-Hydroxybenzoate, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Octyl 2-Hydroxybenzoate Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Octyl 2-Hydroxybenzoate Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Octyl 2-Hydroxybenzoate, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Octyl 2-Hydroxybenzoate, Product Offered and Application
2.8 Global Key Manufacturers of Octyl 2-Hydroxybenzoate, Date of Enter into This Industry
2.9 Octyl 2-Hydroxybenzoate Market Competitive Situation and Trends
2.9.1 Octyl 2-Hydroxybenzoate Market Concentration Rate
2.9.2 Global 5 and 10 Largest Octyl 2-Hydroxybenzoate Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Octyl 2-Hydroxybenzoate Production by Region
3.1 Global Octyl 2-Hydroxybenzoate Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Octyl 2-Hydroxybenzoate Production Value by Region (2018-2029)
3.2.1 Global Octyl 2-Hydroxybenzoate Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Octyl 2-Hydroxybenzoate by Region (2024-2029)
3.3 Global Octyl 2-Hydroxybenzoate Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Octyl 2-Hydroxybenzoate Production by Region (2018-2029)
3.4.1 Global Octyl 2-Hydroxybenzoate Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Octyl 2-Hydroxybenzoate by Region (2024-2029)
3.5 Global Octyl 2-Hydroxybenzoate Market Price Analysis by Region (2018-2023)
3.6 Global Octyl 2-Hydroxybenzoate Production and Value, Year-over-Year Growth
3.6.1 North America Octyl 2-Hydroxybenzoate Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Octyl 2-Hydroxybenzoate Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Octyl 2-Hydroxybenzoate Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Octyl 2-Hydroxybenzoate Production Value Estimates and Forecasts (2018-2029)
4 Octyl 2-Hydroxybenzoate Consumption by Region
4.1 Global Octyl 2-Hydroxybenzoate Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Octyl 2-Hydroxybenzoate Consumption by Region (2018-2029)
4.2.1 Global Octyl 2-Hydroxybenzoate Consumption by Region (2018-2023)
4.2.2 Global Octyl 2-Hydroxybenzoate Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Octyl 2-Hydroxybenzoate Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Octyl 2-Hydroxybenzoate Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Octyl 2-Hydroxybenzoate Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Octyl 2-Hydroxybenzoate Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Octyl 2-Hydroxybenzoate Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Octyl 2-Hydroxybenzoate Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Octyl 2-Hydroxybenzoate Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Octyl 2-Hydroxybenzoate Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Octyl 2-Hydroxybenzoate Production by Type (2018-2029)
5.1.1 Global Octyl 2-Hydroxybenzoate Production by Type (2018-2023)
5.1.2 Global Octyl 2-Hydroxybenzoate Production by Type (2024-2029)
5.1.3 Global Octyl 2-Hydroxybenzoate Production Market Share by Type (2018-2029)
5.2 Global Octyl 2-Hydroxybenzoate Production Value by Type (2018-2029)
5.2.1 Global Octyl 2-Hydroxybenzoate Production Value by Type (2018-2023)
5.2.2 Global Octyl 2-Hydroxybenzoate Production Value by Type (2024-2029)
5.2.3 Global Octyl 2-Hydroxybenzoate Production Value Market Share by Type (2018-2029)
5.3 Global Octyl 2-Hydroxybenzoate Price by Type (2018-2029)
6 Segment by Application
6.1 Global Octyl 2-Hydroxybenzoate Production by Application (2018-2029)
6.1.1 Global Octyl 2-Hydroxybenzoate Production by Application (2018-2023)
6.1.2 Global Octyl 2-Hydroxybenzoate Production by Application (2024-2029)
6.1.3 Global Octyl 2-Hydroxybenzoate Production Market Share by Application (2018-2029)
6.2 Global Octyl 2-Hydroxybenzoate Production Value by Application (2018-2029)
6.2.1 Global Octyl 2-Hydroxybenzoate Production Value by Application (2018-2023)
6.2.2 Global Octyl 2-Hydroxybenzoate Production Value by Application (2024-2029)
6.2.3 Global Octyl 2-Hydroxybenzoate Production Value Market Share by Application (2018-2029)
6.3 Global Octyl 2-Hydroxybenzoate Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Siddharth Carbochem Products
7.1.1 Siddharth Carbochem Products Octyl 2-Hydroxybenzoate Corporation Information
7.1.2 Siddharth Carbochem Products Octyl 2-Hydroxybenzoate Product Portfolio
7.1.3 Siddharth Carbochem Products Octyl 2-Hydroxybenzoate Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Siddharth Carbochem Products Main Business and Markets Served
7.1.5 Siddharth Carbochem Products Recent Developments/Updates
7.2 MFCI Co.
7.2.1 MFCI Co. Octyl 2-Hydroxybenzoate Corporation Information
7.2.2 MFCI Co. Octyl 2-Hydroxybenzoate Product Portfolio
7.2.3 MFCI Co. Octyl 2-Hydroxybenzoate Production, Value, Price and Gross Margin (2018-2023)
7.2.4 MFCI Co. Main Business and Markets Served
7.2.5 MFCI Co. Recent Developments/Updates
7.3 Clariant
7.3.1 Clariant Octyl 2-Hydroxybenzoate Corporation Information
7.3.2 Clariant Octyl 2-Hydroxybenzoate Product Portfolio
7.3.3 Clariant Octyl 2-Hydroxybenzoate Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Clariant Main Business and Markets Served
7.3.5 Clariant Recent Developments/Updates
7.4 Universal Esters
7.4.1 Universal Esters Octyl 2-Hydroxybenzoate Corporation Information
7.4.2 Universal Esters Octyl 2-Hydroxybenzoate Product Portfolio
7.4.3 Universal Esters Octyl 2-Hydroxybenzoate Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Universal Esters Main Business and Markets Served
7.4.5 Universal Esters Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Octyl 2-Hydroxybenzoate Industry Chain Analysis
8.2 Octyl 2-Hydroxybenzoate Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Octyl 2-Hydroxybenzoate Production Mode & Process
8.4 Octyl 2-Hydroxybenzoate Sales and Marketing
8.4.1 Octyl 2-Hydroxybenzoate Sales Channels
8.4.2 Octyl 2-Hydroxybenzoate Distributors
8.5 Octyl 2-Hydroxybenzoate Customers
9 Octyl 2-Hydroxybenzoate Market Dynamics
9.1 Octyl 2-Hydroxybenzoate Industry Trends
9.2 Octyl 2-Hydroxybenzoate Market Drivers
9.3 Octyl 2-Hydroxybenzoate Market Challenges
9.4 Octyl 2-Hydroxybenzoate Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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