The global benzophenone (oxybenzone) market is projected to grow at a CAGR of XX%-XX% during 2020 to 2025. The growth of benzophenone (oxybenzone) market is driven by growing demand of benzophenone from various applications mainly paint and coatings, rising cases of skin cancer, and increasing demand from the personal care industry.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global homosalate market by application (cosmetics, pharmaceutical, and others), product type (purity (less than 98%), purity (98%-99%), and purity (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 benzophenone (oxybenzone) market?
Q.4 What are some changing demands of customers in the benzophenone (oxybenzone) market?
Q.5 What are the new developments in the benzophenone (oxybenzone) 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 benzophenone (oxybenzone) 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 benzophenone (oxybenzone)
market?
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Market Segmentation:
Based on application, the benzophenone (oxybenzone) market is segmented into cosmetics, pharmaceutical, and others. The paint and coating industry segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to growing demand from building and construction sector.
Asia Pacific will remain the largest region over the forecast period due to Rapid economic growth, improvement in the standard of living of the people, and large-scale urbanization in the region.
Key Players in the benzophenone (oxybenzone) market are SONGWON, BASF, ADEKA, Bioray Chemical, SI Group, Clariant AG, Chitec Technology, Everspring Chemical, Rianlon Corporation, and Everlight Chemical.
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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.
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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
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