The ‘Global Carbomer Market Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the carbomer market, assessing the market on the basis of its segments like physical shape, packaging, distribution channels, manufacturing method, type, application, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Carbomer Market Size, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 6.54%
The demand for carbomers is rising rapidly from the cosmetics and personal care sector as they help in controlling the flow and consistency of products and also provide creams, gels, and lotions with a silky and smooth texture. The growing demand for sunscreen, masks, anti-ageing products, exfoliators, skin-lightening creams, and skin-tone correctors, among other products, from global consumers, especially females, is further subjected to contribute to the growth of the carbomer market.
In addition, carbomers help in stabilising cosmetic formulas by preventing the separation of liquid and oil formulations, helping them achieve a longer shelf life. In this regard, the anticipated increase in demand for cosmetic products with extended shelf lives is likely to aid the global market for carbomers in the coming years.
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The pharmaceutical sector is significantly increasing the demand for carbomers due to rapid infrastructure development of pharmaceutical facilities and healthcare units. Moreover, rising health awareness among consumers has further supported the growth of the market for carbomers, due to its properties such as, high adhesion, sustained release, bioavailability, and permanent suspension, among others.
These features make it a suitable component for drug delivery gel systems and oral, intestinal, vaginal, ophthalmological, nasal, and rectal drug product applications. All these factors are expected to create new opportunities for the carbomer market to grow in the forecast period.
Carbomer Industry Definition and Major Segments
A carbomer is a crosslinked polymer that is derived from acrylic acid and is found in various products related to skin, nail, dentifrices, hair, and makeup. The molecular structure has high viscosity, low ion resistance, high suspension capacity, high transparency, and low shear resistance. It is soluble in water, ethanol, and glycerol.
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Based on physical shape, the market is classified into:
• Solid
• Liquid
• Powder
• Crystals
• Granules
On the basis of packaging, the market is divided into:
• Bags
• Bottles
• Drums
• Others
By distribution channels, the market is segmented into:
• Large Retailer
• Online Portals
• Pharmacies
• Others
On the basis of manufacturing method, the market is bifurcated into:
• Free Radical Polymerisation
• Others
Based on type, the market is classified into:
• Carbomer 940
• Carbomer 980
• Carbomer 676
• Carbomer U20
• Carbomer U21
• Carbomer SF-1
• Others
On the basis of application, the market is categorised into:
• Personal Care and Cosmetics
• Pharmaceutical Industry
• Others
Based on region, the market is divided into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Carbomer Market Trends
The key trends in the carbomer market include the technological advancements carried out in carbomer formulation. Development of new grades of carbomer are likely to help improve its performance properties which are expected to result in greater efficiency and stability of downstream products. Moreover, development of newer techniques is expected to help in manufacturing carbomers with more precise chemical structure and molecular weights for a greater control over the properties of the end products. All these developments are anticipated to result in more stable and efficient formulations of carbomers.
The Asia Pacific accounts for a significant share in the carbomer market, owing to the rising demand from the end users of carbomers. Large population base across strong economies is heightening the utilisation of carbomers in personal care and cosmetics, home care, and pharmaceuticals sectors, sector, further fuelling the growth of the market. Growth of sectors such as cosmetics and pharmaceutical in countries like Japan, India, and China, among other countries is enabling a greater growth of the carbomer market in the Asia Pacific region. Meanwhile, North America is anticipated to observe a fast-paced growth in the coming years owing to the well-established pharmaceutical infrastructure in the region.
Key Market Players
The major players in the global carbomer market report are:
The Lubrizol Corporation
Guangzhou Tinci Materials Technology Co.Ltd.
SNF (UK) Ltd.
Anhui Newman Fine Chemicals Co.
Ltd., Evonik Industries AG
Sumitomo Seika Chemicals Co.Ltd.
Corel Pharma Chem.
Guangzhou DX Chemical Co,
others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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