Market Overview:
The global avobenzone 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 avobenzone in cosmetics and pharmaceuticals applications. Additionally, rising awareness about sun protection is also propelling the growth of the global avobenzone market. On the basis of type, the global avobenzone market can be segmented into purity levels of less than 98%, 98%-99%, and more than 99%. The purity level of less than 98% is expected to account for a major share in terms of revenue in 2018 owing to its low cost as compared to other purity levels. However, with increasing awareness about sun protection, higher-purity variants are expected to witness higher growth rates during the forecast period from 2018-2030. On basis on application, cosmetics accounted for majority share in 2017 and it is projected that this trend would continue over next few years as well because people have become more conscious about their skin health and appearance which has led them towards using better quality cosmetic products with added benefits such as SPF content etcetera . Pharmaceuticals followed cosmetics application segment due growing incidences melanoma & nonmelanoma skin cancer across globe . Regionally North America held largest revenue generating region due high concentration manufacturers coupled with developed healthcare infrastructure followed by Europe .
Product Definition:
Avobenzone is a sunscreen agent that absorbs ultraviolet light. It is used in sunscreens to protect the skin from the sun's ultraviolet rays.
Purity(Less than 98%):
Purity (%) is a measure of the amount of active ingredient in a product. In cosmetics, it refers to the percentage composition of ingredients in a cosmetic preparation. The higher the purity, the better is its quality and effectiveness for use as compared to other products with similar labels sold over different brands.
Avobenzone has high demand from Europe.
Purity(98%-99%):
Purity(98%-99%) is a chemical compound, which is used as an ingredient in many skin care products such as creams, lotions and sunscreens. It helps in reducing the damage caused by UV light exposure to the skin. Avobenzone or Benzylidene Dihydrobenzamide is a chemical compound that occurs naturally in some plants & animals and can also be manufactured synthetically.
Application Insights:
The cosmetics application segment led the global avobenzone market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The product is used as an antioxidant, skin-conditioning agent, and UV filter in cosmetic formulations. It also finds applications as an antiaging agent in skincare products on account of its ability to minimize wrinkles and hyperpigmentation caused by exposure to ultra violet rays among other benefits.
The pharmaceutical segment accounted for a significant share of the overall revenue in 2017 owing to increasing demand for medicines that are free from harmful chemicals such as parabens and phthalates among others which have been proven to be hazardous especially when consumed through oral medications or ointments on account of their high permeability across cell membranes.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. being the major contributor to overall revenue generation in North America and around the world. The increasing number of product launches coupled with rising consumer awareness regarding avobenzone safety is a key factor driving growth in this region as well as globally.
The Asia Pacific regional market for avobenzone is anticipated to witness significant growth over the forecast period owing to an increase in per capita income, which will lead to an increased spending on personal care products including cosmetics.
In Europe, countries such as Germany are anticipatedto be at forefront of industry expansion due to high product demand from numerous end-use industries such as cosmetics.
Growth Factors:
- Increasing demand for sunscreens and other skin care products with avobenzone as an ingredient.
- Rising awareness about the harmful effects of UV radiation on the skin, and the need for sun protection.
- Growing popularity of natural and organic cosmetics products that contain avobenzone.
- Increased use of avobenzone in personal care products marketed to children and adolescents.
Scope Of The Report
Report Attributes
Report Details
Report Title
Avobenzone Market Research Report
By Type
Purity(Less than 98%), Purity(98%-99%), Purity(More than 99%)
By Application
Cosmetics, Pharmaceuticals, Others
By Companies
Abcam(UK), Adina(UK), UL(US), Chromservis s.r.o.(CZ), Dermtek Pharmaceuticals Ltd(CA), LGC Limited(UK), GUINAMA(ES)
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Avobenzone Market Report Segments:
The global Avobenzone 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:
- Abcam(UK)
- Adina(UK)
- UL(US)
- Chromservis s.r.o.(CZ)
- Dermtek Pharmaceuticals Ltd(CA)
- LGC Limited(UK)
- GUINAMA(ES)
Highlights of The Avobenzone 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 Avobenzone 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.
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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Avobenzone is a sunscreen agent that helps to protect the skin from the sun's harmful rays. It is available in a variety of formulations, including creams, lotions, and sprays.
Some of the key players operating in the avobenzone market are Abcam(UK), Adina(UK), UL(US), Chromservis s.r.o.(CZ), Dermtek Pharmaceuticals Ltd(CA), LGC Limited(UK), GUINAMA(ES).
The avobenzone 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. Avobenzone 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. Avobenzone Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Avobenzone Market - Supply Chain
4.5. Global Avobenzone Market Forecast
4.5.1. Avobenzone Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Avobenzone Market Size (000 Units) and Y-o-Y Growth
4.5.3. Avobenzone Market Absolute $ Opportunity
5. Global Avobenzone 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. Avobenzone 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 Avobenzone 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. Avobenzone 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 Avobenzone 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. Avobenzone 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 Avobenzone 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. Avobenzone 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 Avobenzone Demand Share Forecast, 2019-2026
9. North America Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone Demand Share Forecast, 2019-2026
10. Latin America Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone Demand Share Forecast, 2019-2026
11. Europe Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone 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 Analysis 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 Avobenzone Demand Share, 2019-2026
12. Asia Pacific Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone Demand Share, 2019-2026
13. Middle East & Africa Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone 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 Avobenzone Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Avobenzone Market: Market Share Analysis
14.2. Avobenzone Distributors and Customers
14.3. Avobenzone Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abcam(UK)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Adina(UK)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. UL(US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chromservis s.r.o.(CZ)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dermtek Pharmaceuticals Ltd(CA)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LGC Limited(UK)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GUINAMA(ES)
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