Changing industry regulations and continuous development across end-use applications are the key factors affecting the USD 4.5 billion market for specialty biocides in China, Europe, India, and the United States, according to Kline’s just-published chapters of its Specialty Biocides: Regional Market Analysis study.
The United States remains the largest global market for specialty biocides with USD 2.9 billion in revenues, notably due to an unmatched market for wood preservation. (more…)
While today’s consumers continue to show a preference to natural or naturally-derived products, they also see high efficiency as a must-have feature in cosmetic products. Simultaneously, end users look for solutions to new skin concerns, such as the harm from blue light and infrared radiation. To meet the demand, manufacturers shift their focus to more advanced product technologies, such probiotics, cell-derived actives, and neuro-cosmetics.
From your lunch to skin care routine: probiotics
Well-positioned on the food market, probiotics are now used to cultivate “skin-friendly” bacteria in cosmetic formulations, responding to aging and specific skin care concerns. Several cosmetics companies already offer probiotic-based skin care products. (more…)
The time when biofunctional active ingredients were only used in high-end products is a thing of the past. Now it is a key cosmetic component for the majority of manufacturers, with an estimated market size in Brazil, China, Europe, and the United States at about USD 1.1 billion. Even though the market has grown significantly over the last decade, it is still a highly desirable segment with an expected compound annual growth rate (CAGR) of over 6% during 2016-2021, according to Kline. While the market’s overall growth is evident, it is important to understand the actual game-changing forces that help the industry grow.
In the last 20 years, billions of dollars have been spent on the development of more sustainable fuels and chemicals. Yet this revolutionary threat has not lived up to the hype. Chemical companies dealing with low oil prices and margins have every right to be skeptical of the bio-based solutions that have pretty much failed to reach economic viability.
At the same time, consumer markets have changed dramatically. Both millennials and their parents have embraced the shared economy, social networking, continuous communication, asynchronous media, gaming, GPS, and soon artificial intelligence—essentially valuing “information” far greater than the built environment—cars and homes and the chemicals they are made from. Indeed, consumer markets have changed dramatically with two big exceptions: continued concerns over individual health and the impact of global warming. (more…)
Accounting for almost 25% of the global market share, China is the second largest consumer of synthetic latex polymers after North America, according to the just-published China report from Kline’s continuous program Synthetic Latex Polymers: Global Business Analysis and Opportunities. A considerably higher GDP growth compared to the developed world, low industry regulations, and stability in raw material prices appeals to multinational corporations and domestic suppliers, increasing market rivalry dramatically. (more…)
One-third of the global surfactants market is used in a variety of industrial applications, such as food, paints and coatings, crop protection, and oil and gas. Europe and the United States are among the largest consumers of industrial surfactants globally, together accounting for USD 4 billion+ in market value, according to Kline’s just-published reports on the United States and Europe from the Industrial Surfactants: Multi-regional Market Analysis and Opportunities series. Both markets show overall positive growth results, but their growth potential is highly dependent on the end-use application and surfactant considered. The industry is also affected by tightening regulations on the product composition and environmental impact. Responding to the growing demand for high quality products that would meet the industry’s compliance regulations, suppliers in these two developed markets shift towards more innovative, safe, and green products. (more…)
As formulators are increasingly selecting specialty ingredients to improve the performance of their formulations, the share for such personal care ingredients has increased from 40% to 45% over the past several years, finds Kline’s recently published Personal Care Ingredients: Global Market Analysis. This report consists of concise regional reports per ingredient group and a comprehensive database containing data on over 130 personal care ingredients in all key regional markets. (more…)
Within the chemical industry, the personal care ingredients segment has traditionally been seen as a key growth area for manufacturers of specialty chemicals. The combination of factors that make this market attractive include its robust size and the above-average, sustainable growth rates. However, a specific segment of the personal care ingredients industry is considered by many as even more attractive active ingredients.
This segment’s higher profit margins and close to double-digit growth has attracted many ingredient manufacturers over the last two decades. Succeeding in this specialty niche requires a particular set of skills (notably claim substantiation, which is a key). (more…)
The ever- growing demand for cosmetics and personal care products also drives sales growth of ingredients used in these products. The market value for specialty personal care ingredients in the key regions (including Europe, the United States, Brazil, China, Japan, Southeast Asia, and India) covered in Kline’s recently published Personal Care Ingredients Database reaches USD 9.0 billion in 2015. Based on our research findings, we identified several important trends from the end user’s experience, which in turn affect the personal care ingredients market going into 2016.
1. Multifunctional products are on the rise
With increasingly busy lifestyles, consumers tend to simplify their daily beauty routines. Multifunctional products are therefore growing in popularity as they offer several benefits at once, such as anti-aging, cleansing, moisturization, anti-oxidant, UV protection, etc. (more…)
Southeast Asia is the fastest growing pharmaceutical market in the world, witnessing strong double-digit growth since 2011, with growth of excipients consumption in the region also strong and estimated to increase at a compound annual growth rate of 13.4% through 2020, finds recently published Specialty Excipients for Oral Solid-Dosage-Form Pharmaceuticals: Emerging Markets Analysis and Opportunities by global market research and management consulting firm Kline. Another excipients market analyzed in the report with solid pockets of opportunity is the Middle East and Africa region, forecast to progress at nearly 8% through 2020. (more…)