Pharmaceutical Industry Today

Aerogels for Personal Care Market is Projected to Reach 510 million US$ by the end of 2025

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Published 26 July 2018

Los Angeles, United States, July 26, 2018 /QY Research, Inc.

New report published by QY Research which offers insights on the global Aerogels for Personal Care market. The Aerogels for Personal Care market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Aerogels for Personal Care is expected to reflect a 1.2x increase in the revenue growth. In 2017 the global Aerogels for Personal Care market was valued at US$ 410 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 510 Mn growing at a value CAGR of 2.6% throughout the period of forecast.

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Global Aerogels for Personal Care Market: Market Driver and Restraint

Applications of Aerogels for Personal Care are anticipated to create new business segments in the market. Aerogels for Personal Care is in use for a broad range of Facial Cream & Lotion products such as Oil Control products, men's skincare products & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Aerogels for Personal Care application is developed towards a more active mode.

Manufacturers are exploring the potential of Aerogels for Personal Care in Makeups. Application of Aerogels for Personal Care in oil control spray are gaining traction in the recent years. Recently, manufacturers have started using Aerogels for Personal Care in the Hair Care Products area. Further, there are also potential uses in the areas of smooth agent.

Global Aerogels for Personal Care Market: Key Takeaways

  • On the one hand, Aerogels for Personal Care manufacturers are dedicated to lowering their manufacturing cost; on the other hand, they try to provide more qualified products to customers.
  • Besides, they are trying to broaden the applications of Aerogels for Personal Care such as Hair Care Products.
  • Consumers are generally quick-change, to get or use newfangled products, better experience, better convenience and more quicker; to find and meet the needs of consumers, and exceeding expectation, better service.

Global Aerogels for Personal Care Market: Forecast by Size

This segment includes Particle Size 1-20 μm, Particle Size >20 μm, etc. In terms of volume, Particle Size 1-20 μm segment is expected to remain dominant in the global Aerogels for Personal Care market.

Global Aerogels for Personal Care Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. North America is the dominant market in the global 1, 2-Propanediol market in terms of value. The North America1, 2-Propanediol market was estimated to be valued at US$ 105.73 Mn in 2017 and is expected to expand at a value CAGR of 2.9% over the forecast period. The Europe market is expected to expand at a robust rate of 3.0% in terms of revenue over the forecast period due to the steadily increasing production capacity for Oil Control products products in this region.

Global Aerogels for Personal Care Market: Key Players

Cabot, Dow Corning, Jios Aerogel Corporation, ENERSENS, Green Earth Aerogel Technologies, Svenska Aerogel, Active Aerogels, Insulgel High-Tech, Guizhou Aerospace, Blueshift, Guangdong Alison Aerogel, Shaoxing Nanuo High Technology, Taasi, Shenzhen Aerogel Technology, Xiamen Nameite, Guojia New Material, IBIH, etc. are the key vendors included in this report.

The market of Aerogels for Personal Care is very fragmented. Of the 2017 global market, the top 10 companies, all multinational, account for less than 0.4 of sales. Cabot Chemical is by far the leader, followed by Dow Corning and Jios Aerogel Corporation. A number of producers are in China, many small and domestic. However, there are also multinational producers that supply high-quality product to the export-oriented market.

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