Octocrylene Market - Forecast(2021 - 2026)
Octocrylene Market Overview Octocrylene market size is forecast to reach $8.8 million by 2025, after growing at a CAGR of 5.85% during 2020-2025. Octocrylene is an ester formed by the condensation process of diphenyl cyanoacrylate and 2-ethyl hexanol. Due to its skin moisturizing properties, Octocrylene is primarily used in sunscreens. Globally, the primary growth drivers of the octocrylene market are the aging population, the adoption, and advancement of technologies, and rising demand for the cosmetics industry in developing countries. In addition, there is an increase in the adoption of octocrylene for newer applications as the compound (concentration is limited to 10-12%) is approved by various regulatory organizations, which is anticipated to drive the Octocrylene market during the forecast period. Report Coverage The report: “Octocrylene Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the octocrylene Industry. By Purity: ...