The global cosmetic antioxidants market is expected to reach $ 212.8 million by 2028.
NEW YORK CITY, NY, UNITED STATES, September 17, 2021 /EINPresswire.com/ – The latest industry analysis report released by Reports and Data offers a panoramic view of the Cosmetic antioxidant industry and its key segments. The report offers a concise summary of the market and highlights the key factors influencing the growth of the market. The data and information provided by the report has been obtained through meticulous market research. The report takes a close look at the historical, present, and future scenarios of the Cosmetic Antioxidants Market and explains the paradigm shifts occurring in this business landscape. Industry growth rate, consumer demand, supply ratio, industry value, and several market trends and opportunities are some of the critical factors highlighted in the report. The report throws light on the competitive landscape of the global Cosmetic Antioxidants market and systematically profiles the leading companies operating in the market. In addition, it highlights the main strategies and initiatives undertaken by these players for the expansion and growth of businesses in the near future.
The rate of air pollution is increasing due to industrialization and urbanization all over the world. Air pollution causes premature aging of the skin, dryness, wrinkles, acne, pigmentation, cell damage and hair loss. The increase in health problems caused by air pollution has encouraged young and old to use antioxidant cosmetics. Antioxidant cosmetics protect the skin from UV rays and other harmful air pollutants. The price of natural antioxidants is very high, which is slowing the cosmetic antioxidant market.
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BASF FE, Archer Daniels Midland Company, Frutarom Ltd, Kemin Industries Inc., EI Du Pont De Nemours and Company, Nutreco NV, Eatman Chemical Company, Camlin Fine Science Ltd., Koninklijke DSM NV and Nutreco NV, among others.
The increase in the world’s population has resulted in an increase in the number of construction and construction activities across the world, in turn driving the demand for materials and chemicals. The availability of advanced finishing materials, environmentally friendly raw materials and chemicals, and increasing advancements in the plastics industry have significantly contributed to the revenue growth of the market. The chemicals and materials industry is a crucial part of the global economy and manufactures more than 70,000 products needed by various end-use industries. Consumer products such as soaps, detergents and cosmetics, as well as electronic gadgets, automobiles, and paints and cosmetics, among others, are in high demand around the world and are mainly dependent on various types of chemicals and chemicals. materials. International companies are actively engaged in the development of sustainable products to reduce carbon emissions and pollution and ensure safe facility operations. These key factors have significantly contributed to the market revenue growth and are expected to continue to do so in the future.
Other key findings from the report suggest
Skin care held the largest market share of 31.7% in 2018. The skin care segment is growing rapidly as people all over the world are facing problems in skin care due to increasing air pollution. Sunscreen is a widely known antioxidant skin care cosmetic that is commercially available to protect the skin from UV rays. This product is experiencing huge growth in the global market as it is used by all age groups.
Hair conditioner is estimated to experience the highest CAGR of 7.8% during the forecast period. This segment is gaining momentum in the market as hair conditioning products help protect hair from damage caused by pollution. It helps maintain hair quality and prevent hair loss. Countries like Japan, India, and China are the biggest manufacturers of hair conditioning products.
Natural antioxidants held the largest market share of 56.7% in 2018. The market for natural antioxidants is growing because it is made up of natural products like vitamins, oils and minerals. There is a sudden demand for herbal products because they don’t have side effects.
Asia-Pacific is expected to experience the highest CAGR of 8.2% during the forecast period. This region is highly populated, along with the growing economy and urbanization of the population, who are increasingly aware of skin care products that are boosting the antioxidant market in this region.
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For the purpose of this report, reports and data have segmented the global market on the basis of Source Type, Function Type, Type, Application, and Region:
Outlook Source Type (Volume, Kilotons; Revenue, USD Million; 2018-2028)
Outlook Function Type (Volume, Kilotons; Revenue, USD Million; 2018-2028)
Type Outlook (Volume, Kilo Tons; Turnover, Million USD; 2018-2028)
Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018-2028)
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Regional Outlook (Volume, Kilotonnes; Revenue, USD Million; 2018-2028)
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