UV Booster Market Is Projected To Hit US$ 199.6 Million By 2033

The global market is set to be worth US$ 121.5 million in 2023 and is expected to grow at a CAGR of 5.1% during the forecast period of 2022 to 2033.

Consumers all over the world are demanding cosmetic products with high SPF to reduce the risk of exposure to harmful UV rays. To increase the value of SPF and UVA in cosmetic products, UV boosters, also known as SPF boosters, have become popular to increase effectiveness and also add other properties to protect the skin. Some products are also available with the feature of water resistance. Boosters have become an important part of personal care formulations to ensure the quality of the water-resistance feature in sunscreens.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8081?PS

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

• By product, benzophenone accounted for the largest market share of 36.5% in the year 2022.
• By application, the skin care segment is projected to grow at a CAGR of 5.4% from 2023 to 2033.
• East Asia is set to hold 26.5% of the global market share in 2023 and is forecasted to reach US$ 56.6 million by 2033.
• The market in Europe is estimated to create an absolute dollar opportunity worth US$ 16.6 million during 2023-2033 and grow at a CAGR of 4.7%.

"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.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐔𝐕 𝐁𝐨𝐨𝐬𝐭𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

By Product:

Benzamidine
Benzophenone
Triazine
Benzotriazole
Others

By Application:

Skin Care Cosmetics
Hair Care Cosmetics
Make-up Cosmetics
Lipsticks & Lip Balms
Foundation
Others (Concealers, etc.)

By Region:

North America
Latin America
Europe
East Asia
South-East Asia & Oceania
Middle East & Africa

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8081?PS

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭

The future strategy for participants in the UV boosters market will be to focus on cosmetic companies that are producing products with high SPF factors, which will make them require more quantity of UV boosters for making their various types of skin care, hair care, and other make-up cosmetic products.

To deliver quality boosters that are best-suited for protection from the sun, manufacturers should improve their processes for developing such boosters. Additionally, manufacturers of UV boosters should continue to prioritize working with cosmetic companies as this will help them understand consumer needs and enable them to create solutions that are tailored to specific applications and markets across the world.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

Azelis (Dewolf Chemical)
Allnex
Perma Chink Systems Inc.
BASF SE
Clariant AG
Solvay SA
Huntsman Corporation
Milliken Chemical
Spectrum Chemical
Adeka Corporation
Croda International PLC

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).

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

This release was published on openPR.