The global Octyl Methoxycinnamate (OMC) market is projected to grow at a CAGR of 5%-6% during 2020-2025. The growth of octyl methoxycinnamate (OMC) market is driven by growing demand from the personal care industries and rising awareness regarding the harmful effects on the skin from uv rays.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the octyl methoxycinnamate (OMC) market
by application (sunscreen, hair products, lip stick, nail polish, and others),
product type (assay (less than 98%), assay (98%-99%), and assay (more than
99%)), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the octyl methoxycinnamate (OMC) market?
Q.4 What are some
changing demands of customers in the octyl methoxycinnamate (OMC) market?
Q.5 What are the new
developments in the octyl methoxycinnamate (OMC) market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this octyl methoxycinnamate (OMC) area
and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this octyl methoxycinnamate (OMC) market?
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Market Segmentation:
Based on process, the octyl
methoxycinnamate (OMC) market is segmented into sunscreen, hair products, lip
stick, nail polish, and others. The sunscreen segment is accounted for the
largest share of the market in 2020 due to growing consumer awareness regarding the harmful effect of
uv rays on the skin.
Asia Pacific is expected
to be the largest region over the forecast period due to changing lifestyles
and increase in disposable income of consumers.
Key Players in the octyl
methoxycinnamate (OMC) market are Universal Esters, Salicylates and Chemicals,
Allan Chemical, Akema Fine Chemicals, Ashland, Zymo Cosmetics and EMD Chemicals.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers, restraints,
challenges, and opportunities for market growth. It would also help to
understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/octyl-methoxycinnamate-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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