Market Overview:
The global homosalate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cosmetics and pharmaceuticals, and rising awareness about sun protection. In terms of type, the purity less than 98% segment is expected to dominate the market during the forecast period, owing to its low cost as compared to other types of homosalate. In terms of application, cosmetics is expected to be one of the fastest-growing segments during the forecast period. North America dominates the global homosalate market followed by Europe and Asia Pacific.
Product Definition:
Homosalate is a type of sunscreen that helps to protect the skin from the sun's ultraviolet (UV) rays. It is a white, waxy substance that is often used in combination with other sunscreens to provide broad-spectrum protection. Homosalate helps to absorb UV light and prevent it from penetrating the skin.
Purity(Less than 98%):
Purity(less than 98%) is used in the production of homosalate, which is further used as a processing aid in the manufacturing of paints & coatings and plastics. The growing demand for homosalate from these industries has led to an increase in its price over the past few years.
The increasing prices have forced manufacturers to look into new potential markets that offer lucrative opportunities for growth.
Purity(98%-99%):
Purity(98%-99%) is a colorless and highly viscous liquid, which is used as an additive in the production of homosalate. It helps to increase the hardness and opacity of the plastic. Purity(98%-99%) has almost similar properties like that of propylene glycol but it has higher purity levels.
Application Insights:
Homosalate is used in the manufacturing of cosmetics, pharmaceuticals and other applications such as food additives and textiles. The others segment dominated the global market with a share of 36.1% in 2017 owing to high demand from various industries such as paints & coatings, plastics, printing inks and paper where it is used for its stability & compatibility properties. Homosalate-based products are also widely utilized for their UV filter property which helps prevent eye damage caused due to Ultraviolet (UV) rays.
The cosmetics application segment is expected to witness significant growth over the forecast period on account of increasing product use for stabilizing pigments that impart color and enhance stability during formulation processes leading to improved end-product quality. In addition, homosalate based products are gaining popularity as UV filters which help prevent eye damage caused due to Ultraviolet (UV) rays by providing protection against sunburns or harmful UVCrays up to SPF 30+.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with cheap labor costs in countries, such as China and India are some of the major factors contributing to its largest share. In addition, increasing consumer disposable income levels will also help boost demand for cosmetics products which is likely to have a positive impact on industry growth over the next eight years.
The European region accounted for more than 20% share in 2017 owing to growing product demand from pharmaceutical sector mainly due to rising geriatric population base that requires increased dosage rates or higher therapeutic drug levels per dose homosalate-based pharmaceuticals compared with other salicylates or paracetamol derivatives leading toward an increase in product consumption by this region.
Growth Factors:
- Increasing demand for sunscreens and other skin care products containing Homosalate from consumers due to growing awareness of the harmful effects of UV radiation.
- Rising prevalence of skin cancer and other skin disorders, which is driving the demand for Homosalate in sunscreen formulations.
- Growing use of Homosalate in personal care products such as moisturizers, anti-aging creams, etc., due to its ability to protect the skin from UV radiation and other environmental factors.
- Increasing research on the benefits of Homosalate in sunscreens and other personal care products, which is likely to boost market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Homosalate Market Research Report
By Type
Purity(Less than 98%), Purity(98%-99%), Purity(More than 99%)
By Application
Cosmetics, Pharmaceuticals, Others
By Companies
Yue Yang Dong Run Chemical(CN), Parchem(US), Yue Yang Guan Shan(CN)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Homosalate Market Report Segments:
The global Homosalate market is segmented on the basis of:
Types
Purity(Less than 98%), Purity(98%-99%), Purity(More than 99%)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetics, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yue Yang Dong Run Chemical(CN)
- Parchem(US)
- Yue Yang Guan Shan(CN)
Highlights of The Homosalate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity(Less than 98%)
- Purity(98%-99%)
- Purity(More than 99%)
- By Application:
- Cosmetics
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Homosalate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Homosalate is a cosmetic ingredient found in many skincare products. It is a salicylic acid derivative and helps to reduce the appearance of acne, blemishes, and other skin problems.
Some of the major companies in the homosalate market are Yue Yang Dong Run Chemical(CN), Parchem(US), Yue Yang Guan Shan(CN).
The homosalate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Homosalate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Homosalate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Homosalate Market - Supply Chain
4.5. Global Homosalate Market Forecast
4.5.1. Homosalate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Homosalate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Homosalate Market Absolute $ Opportunity
5. Global Homosalate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Homosalate Market Size and Volume Forecast by Type
5.3.1. Purity(Less than 98%)
5.3.2. Purity(98%-99%)
5.3.3. Purity(More than 99%)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Homosalate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Homosalate Market Size and Volume Forecast by Application
6.3.1. Cosmetics
6.3.2. Pharmaceuticals
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Homosalate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Homosalate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Homosalate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Homosalate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Homosalate Demand Share Forecast, 2019-2026
9. North America Homosalate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Homosalate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Homosalate Market Size and Volume Forecast by Application
9.4.1. Cosmetics
9.4.2. Pharmaceuticals
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Homosalate Market Size and Volume Forecast by Type
9.7.1. Purity(Less than 98%)
9.7.2. Purity(98%-99%)
9.7.3. Purity(More than 99%)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Homosalate Demand Share Forecast, 2019-2026
10. Latin America Homosalate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Homosalate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Homosalate Market Size and Volume Forecast by Application
10.4.1. Cosmetics
10.4.2. Pharmaceuticals
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Homosalate Market Size and Volume Forecast by Type
10.7.1. Purity(Less than 98%)
10.7.2. Purity(98%-99%)
10.7.3. Purity(More than 99%)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Homosalate Demand Share Forecast, 2019-2026
11. Europe Homosalate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Homosalate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Homosalate Market Size and Volume Forecast by Application
11.4.1. Cosmetics
11.4.2. Pharmaceuticals
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Homosalate Market Size and Volume Forecast by Type
11.7.1. Purity(Less than 98%)
11.7.2. Purity(98%-99%)
11.7.3. Purity(More than 99%)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analsis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Homosalate Demand Share, 2019-2026
12. Asia Pacific Homosalate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Homosalate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Homosalate Market Size and Volume Forecast by Application
12.4.1. Cosmetics
12.4.2. Pharmaceuticals
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Homosalate Market Size and Volume Forecast by Type
12.7.1. Purity(Less than 98%)
12.7.2. Purity(98%-99%)
12.7.3. Purity(More than 99%)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Homosalate Demand Share, 2019-2026
13. Middle East & Africa Homosalate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Homosalate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Homosalate Market Size and Volume Forecast by Application
13.4.1. Cosmetics
13.4.2. Pharmaceuticals
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Homosalate Market Size and Volume Forecast by Type
13.7.1. Purity(Less than 98%)
13.7.2. Purity(98%-99%)
13.7.3. Purity(More than 99%)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Homosalate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Homosalate Market: Market Share Analysis
14.2. Homosalate Distributors and Customers
14.3. Homosalate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yue Yang Dong Run Chemical(CN)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Parchem(US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yue Yang Guan Shan(CN)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook