Carbomers Market Segmentation:
Application Segment Analysis
The thickeners segment is estimated to gain largest market share by 2035. The segment growth can be attributed to growing demand for personal care products & cosmetics with stabilizing agents which are used for maintaining product quality for a prolonged time. Rheology modifying agents, such as thickeners, greatly impact the product formulation and thereby enhance the skin feel, product stability, and efficacy of the product. Thickeners are noticed to be highly utilized in the manufacturing of soup & sauces, inks, puddings, explosives, and cosmetics products. For instance, the total value of the paint and coating industry was estimated to be around USD 150 billion in 2021.
End-user Segment Analysis
The personal care & cosmetics segment is expected to garner a significant share by 2035, on the back of maximum demand for personal care & cosmetics in the global market. The personal care industry is highly regionalized and diverse. Numerous products such as hair care, dyes, fragrances, nail care, bathing, and cosmetics use various chemical ingredients. Some of the most commonly used chemical ingredients are carbomers, polymers, emulsifiers, pigments, thickeners, surfactants, and others. Therefore, continuous innovations in the formulation of various skincare products using such chemical elements are another crucial factor, which is anticipated to propel the segment expansion. The growing awareness of personal hygiene and the surge in the utilization of cosmetics by the global population is also expected to drive the growth of the segment.
Our in-depth analysis of the global market includes the following segments:
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By Polymer Type |
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By Application |
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