The global UV filters market is anticipated to grow at a considerable CAGR of around 6.2% during the forecast period (2022-2028). Key market players in the UV filter market are adopting and investing heavily and launching new products and developing and collaborating and conducting research for various products developments in the market some of these include –
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- In November 2020, DSM has expanded its Parsol line with two UV filter actives: Parsol ZX (INCI: Zinc Oxide (and) Triethoxycaprilylsilane) and Parsol 1789 (INCI: Butyl Methoxydibenzoylmethane). Both the UV filter was created to filter UVA, UVB, and even blue light in skin and sun care formulations. The first product Parsol ZX is an inorganic UV filter with a UVA?UVB absorption curve it also correlates with the blue light spectrum. Another product Parsol 1789 is a strong, efficient, and malleable, UVA absorber for sunscreens and other skincare formulations. It accredit broad protection when it is combined with effective UVB filters and it can also contribute to sun protection factor (SPF).
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- In January 2021, Beiersdorf has launched a collection of Alternative UV filter blends for use in cosmetic applications and sunscreens. It has developed the formulation of alternative oil in water emulsion blending scleroglucan and hydrophilic UV filter. Moreover, other products oil in water emulsion blending scleroglucan and lipophilic UV filter substance. Among all these hydrophilic UV filters had to be integrated at levels of 2-4% by weight of formula by UVA AND UVB or broadband filters.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Filter Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- BASF SE, Evonik Industries AG, L’Oreal SA, The Dow Chemical Co., Unilever PLC, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global UV Filter Market Report Segment
By Filter Type
- Organic (Chemical)
- Inorganic (Physical)
By Application
- Skin Care
- Hair Care
- Others
