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UV Booster Utilization Is Anticipated To Grow At A CAGR Of 5.1% By 2033

02-01-2023 10:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

UV Booster Utilization Is Anticipated To Grow At A CAGR Of 5.1%

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.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ฎ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ -https://www.factmr.com/connectus/sample?flag=S&rep_id=8081?PS

๐—ž๐—ฒ๐˜† ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†

โ€ข By product, benzophenone held the greatest market share in 2022, with a share of 36.5%.
โ€ข The skin care market is anticipated to expand by application at a CAGR of 5.4% from 2023 to 2033.
โ€ข 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.
โ€ข 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.

๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—จ๐—ฉ ๐—•๐—ผ๐—ผ๐˜€๐˜๐—ฒ๐—ฟ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต

By Product:

โ€ข Benzamidine
โ€ข Benzophenone
โ€ข Triazine
โ€ข Benzotriazole
โ€ข Others

By Application:

โ€ข Skin Care Cosmetics
โ€ข Hair Care Cosmetics
โ€ข Make-up Cosmetics

By Region:

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

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8081?PS

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

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.

๐—ž๐—ฒ๐˜† ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐—น๐—ฒ๐—ฑ

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

๐—š๐—ฒ๐˜ ๐—™๐˜‚๐—น๐—น ๐—”๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—ผ๐—ณ ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ฒ๐˜๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: 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:

Us Sales Office :
11140 Rockville Pike
Suite 400
Rockville, Md 20852
United States
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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