is a chemical sun blocking agent that absorbs ultraviolet radiation in UVB range. Octyl methoxycinnamate is a chemical ingredient found in some brands of sunscreen and lip balm that blocks UV-B rays from the sun to protect the skin against harmful radiation. Globally, rising demand for cosmetics industry the developing nations and changing lifestyle and increase in disposable income of consumers are the prime growth drivers of global Octyl Methoxycinnamate market. In addition, emerging economies such as China, India and others, will create new opportunities for global Octyl Methoxycinnamate market. However, higher cost research and development, and complex manufacturing process are the key restraints for global Octyl Methoxycinnamate market.
Geographically, Regions such as Asia Pacific, Africa and Latin America are predicted to emerge as the fastest growing markets for octyl methoxycinnamate. The continual and rapid growth in the industries such as skin care and cosmetics care in these regions is expected to drive the demand for octyl methoxycinnamate in the production of various applications products. Moreover, developed markets such as the U.S. and European economies are steadily recovering from the economic downturn and are anticipated to generate significant demand for octyl methoxycinnamate in the coming years.
This report identifies the octyl methoxycinnamate market
size in for the year 2016-2021, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to Octyl Methoxycinnamate market.This report segments global Octyl Methoxycinnamate market on the basis of applications, and regional market as follows:
This report identifies all the major companies operating in the global Octyl Methoxycinnamate market. Some of the major companies’ profiles in detail are as follows:
- Global Octyl Methoxycinnamate Market By Applications: OTC sun protection products. Sunscreens, Personal Care products, Sun care, Baby sun care, Daily Skin Care, Decorative cosmetic, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets for Octyl Methoxycinnamate in each of the region.
- Universal Esters Ltd
- Salicylates and Chemicals Pvt. Ltd
- Allan Chemical Corp
- Akema Fine Chemicals
- Ashland Inc