The global antimicrobial active ingredient market is projected to grow at a CAGR of 6.4% during 2020-2026. The growth of antimicrobial active ingredient market is driven by growing demand for antiseptics and skin cleanser products, rising prevalence of allergy cases, and growth in the skin care market.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the antimicrobial active ingredient market by application (skin care, hair care, oral care, makeup, toiletries, and fragrances), source (natural and synthetic), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the antimicrobial active ingredient market?
Q.4 What are some changing demands of customers in the antimicrobial active ingredient market?
Q.5 What are the new developments in the antimicrobial active ingredient market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this antimicrobial active ingredient area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this antimicrobial active ingredient market?
Emerging trends, which have a direct impact on the dynamics of the antimicrobial active ingredient industry, include development of naturally sourced antimicrobial ingredients and advanced nanotechnology for manufacturing antimicrobial products.
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Market Segmentation:
Based on source, the antimicrobial active ingredient market is segmented into natural and synthetic. The natural segment accounted for the largest share of the market in 2020 due to the increasing demand for organic beauty products to avoid side effects of synthetic products.
North America is expected to be the largest region with the highest growth over the forecast period due to high regulatory requirements from the government authorities and awareness in people regarding safe use of skin care products.
Key Players in the antimicrobial active ingredient market are BASF, Lonza, Croda International, and Clariant AG.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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