Press release
Carbomer Market is estimated to be US$ 1978.3 million by 2030 with a CAGR of 8.90% during the forecast period
Carbomer Market accounted for US$ 845.78 million in 2020 and is estimated to be US$ 1978.3 million by 2030 and is anticipated to register a CAGR of 8.9%. Carbomers are thickening agents that help control the viscosity and flow of cosmetic products. They also help distribute and suspend insoluble solids into liquid, and stop the oil and liquid parts of an answer from separating. They need the power to soak up and retain water, and may swell to 1000 times their original volume when dispersed in water. Generally, this class of ingredients is employed in gel-like formulations because it forms a colloidal, mucilage-like consistency when mixed in water. This ingredient is contained during a wide selection of private care products like styling gel, facial moisturizer, sunscreen, shampoo, anti-aging treatment, eye cream, cleanser and scrubs.Analyst View:
Today people prefer safer products for their health and hygiene and use of advanced technology for manufacturing of nontoxic chemicals used in personal care products & cosmetics, HI&I products, pharmaceuticals and many other end-use sectors expected to boost the global carbomer market. Moreover, the sudden increase demand for hand sanitizers in the global market owing to the COVID-19 pandemic is expected to drive the growth of the global carbomers market in the coming years.
Report link:
https://www.prophecymarketinsights.com/market_insight/Global-Carbomer-Market-By-Type-1515
Key Market Insights from the report:
The Global Carbomer Market accounted for US$ 845.78 million in 2020 and is estimated to be US$ 1978.3 million by 2030 and is anticipated to register a CAGR of 8.9%.The Global Carbomer Market report segments the market on the basis of type, application, and region.
• By Type, the Global Carbomer Market is segmented into Carbomer 940, Carbomer 980 and Carbomer 934.
• By Application, the Global Carbomer Market is segmented into Personal Care and Cosmetics Industry, and Pharmaceutical Industry.
• By region, the Global Carbomer Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape:
• The Lubrizol Corporation
• Guangzhou Tinci Materials Technology Co. Ltd.
• Sumitomo Seika Chemicals Company Ltd.
• Evonik Industries AG
• SNF s.a.s.
• Anhui Newman Fine Chemicals Co. Ltd.
• Corel Pharma Chem
• Maruti Chemicals
• Guangzhou DX Chemical Co. Ltd.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Regional scope:
• North America - U.S., Canada
• Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe
• Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
• Latin America - Brazil, Mexico, Argentina, Rest of Latin America
• Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
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https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/1515
Carbomer Market covid-19 impact:
Disruption in the supply chain: The pandemic has disrupted the global supply chain, affecting the supply of raw materials required for the production of carbomers. The restrictions on transportation and logistics have led to delays in the delivery of raw materials, which has affected the production of carbomers.
Shortage of personal care and pharmaceutical products: The pandemic has led to a surge in demand for personal care and pharmaceutical products such as hand sanitizers, disinfectants, and other medical products. The increased demand for these products has put pressure on the carbomer market, leading to a shortage of supply.
Price fluctuations: The disruption in the supply chain and the surge in demand for carbomers have led to price fluctuations in the market. The price of carbomers has increased due to the shortage of supply and the increased demand for personal care and pharmaceutical products.
Shift towards alternative materials: Due to the shortage of carbomers, some manufacturers have started using alternative materials in the production of personal care and pharmaceutical products. This has affected the demand for carbomers in the market.
Government regulations: The pandemic has led to the implementation of various regulations and guidelines by governments to ensure the safety and quality of personal care and pharmaceutical products. The implementation of these regulations has affected the production and supply of carbomers in the market.
• FORMAT:(PDF)
• NO OF PAGES:165
• BASE YEAR: 2022
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