Global UV Filters Market in Personal Care 2017-2021

Overview of the global UV filters market in personal care

Market research analysts at Technavio predict that the global UV filters market in personal care will grow steadily during the next four years at a CAGR of more than 3% by 2021. The growing adoption of anti-aging products is identified as one of the primary growth factors for this market. Advancements in anti-aging products drive the growth of the skin care market. The use of anti-aging products lowers the potential harm of UV rays. Advanced moisturizers and facial serums in the anti-aging products reverse aging and change the skin at the cellular level by using multiple compounds. The demand for anti-aging products varies across regions due to the variety of skin types and climatic conditions. Players in the skin care sector are introducing advanced ingredients in the market to cater to the specific needs of the consumers. For instance, Beiersdorf uses Q10 as a crucial component in its anti-wrinkle products. Beiersdorf’s anti-aging products offer elasticity and toning to the skin.

EMEA will be the major revenue contributor to the market throughout the forecast period. The increasing adoption of anti-aging products for skin care and the wide availability of affordable anti-aging products drive the growth of the market in the region. Furthermore, the increase in health-conscious customers and the high standard of living also drive the growth of the UV filters market in personal care in EMEA.

Competitive landscape and key vendors  

The UV filters market in personal care consists of several small and medium-sized enterprises. The vendors compete based on factors such as price, quality, brand, and variety. To increase their revenue shares, vendors in this marketspace focus on attending numerous growth strategies. To retain their market dominance, the established players also focus on acquiring new vendors.

The leading vendors in the market are -

• Symrise
• Ashland
• DSM
• Novacyl
• BASF

The other prominent vendors in the market are Salicylates and Chemicals, SUNJIN BEAUTY SCIENCE, Sensient Technologies, TRI-K Industries, Hönle Group, and Sankyo Denki.

Segmentation by application and analysis of the UV filters market in personal care

• Skin care
• Hair care

During 2016, the skin care segment accounted for the major shares of the UV filters market in personal care. The rising awareness about the adverse effects of UV rays and the availability of a wide range of skin care products, will contribute to the growth of this industry segment in the coming years.

Segmentation by ingredient and analysis of the UV filters market in personal care

• Ethylhexyl methoxycinnamate (EHMC)
• Butyl methoxydibenzoylmethane (BMBM)
• Zinc Oxide (ZNO)
• Titanium dioxide (TiO2)
• Octocrylene (OCR)
• Homosalate (HMS)

As per this market research report, the EHMC segment held the maximum shares of the UV filters market in personal care during 2016. This segment will retain its market dominance during the forecast period as well and this will attribute to the utilization of this ingredient in products that are applied directly to the skin. EHMC safeguards personal care and cosmetic products against deterioration caused by harmful UV rays.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global UV filters market in personal care?
• What are the key market trends impacting the growth of the global UV filters market in personal care?
• What are the challenges to market growth?
• Who are the key vendors in the global UV filters market in personal care?
• What are the market opportunities and threats faced by the vendors in the global UV filters market in personal care?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global UV filters market in personal care?

Technavio also offers customization on reports based on specific client requirement.

UV filters are single compounds or mixtures or compounds that absorb and block ultraviolet (UV) rays. This upcoming report by Technavio is an integral part of the hardware and semiconductor industry and offers an extensive study of fast growing markets like semiconductor equipment, displays, and embedded systems. With an aim to help clients gain a competitive edge over other market-leading companies, Technavio offers vital information on the key market drivers and challenges, and also offers detailed information on changing consumer preferences and buying behavior as well as a clear understanding of the geographical segmentation of the semiconductor industry.

To identify the industry’s growth prospects, our team of market research analysts at Technavio pursue a mix of primary and secondary research procedures and consider factors like the market size and the demand-supply shifts for various product markets across different geographical regions. By analyzing information on various parameters such as the changing preferences of customers and the products of competitors ranging from the global and regional markets, our upcoming market research report on global UV filters market in personal care for the forecasted period of 2017 to 2021 will help clients get an in-depth understanding of the evolving landscape of the semiconductor equipment market.

This upcoming report on global UV filters market in personal care also considers the growth of the similar markets such as the IR emitter and receiver and e-beam wafer inspection system market, which are expected to grow at a CAGR of around 10% and 20%, respectively, during the forecasted period of 2017 to 2021. According to our industry experts, the growing awareness of the harmful effects of UV rays is one of the prime reason driving the UV filter market in the coming years. Besides syndicated reports, Technavio also provides customized reports based on the specific business requirements of several clients and help businesses enhance their market position.

The upcoming industry research report on the global UV filters market in personal care also identifies the key drivers, emerging market trends, and the difficulties currently faced by the semiconductor equipment sector. It also presents insights into the rapidly growing markets of human-machine interface, computing devices, and sensors.