Cosmetic UV Absorbers Market: Introduction
Cosmetic UV absorbers are specialty additives and are primarily used in the production of personal care products to defend against harmful UV radiations. Cosmetic UV absorbers act by absorbing UV radiations and provide a protective shield against various harmful effects such as wrinkling, burning, photo-damage, and tanning.
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Key Drivers of the Global Cosmetic UV Absorbers Market
- Rising adoption of sun protective cosmetics accompanied with high consumer awareness about harmful UV radiations is identified as a key market driver in the global cosmetic UV absorbers market. People are concerned about their skin health due to increasing skin problems. Governmental organizations and manufacturing companies are running campaigns to educate people and are urging them to use sun care products. This in turn has pushed manufacturing companies to come with new and innovative products to cater to the demand of customers from different regions.
- Cosmetic brands are investing significant resources in scientific R&D to ensure the safety of their UV protection products. Companies collaborate with and engage thousands of environmental scientists, chemists, toxicologists, biologists, and research laboratories to evaluate and certify the safety of sunscreens, hair care products, and other UV protective cosmetics before they are marketed to consumers.
Key Players Operating in the Global Market
Key manufacturers of cosmetic UV absorbers are working in close collaboration with cosmetic brands and chemical engineers to discover sustainable and safe UV absorbents. Moreover, key companies are focused on strict compliance with global standards and regulations for product quality, manufacturing process, and packaging & labeling.
Some of the major companies identified in the global cosmetic UV absorbers market are:
- Partners in Chemicals
- BASF SE
- Everlight Chemical Industrial Corp.
- Adeka Corporation
- Clariant Chemicals
- 3V Sigma SpA
- Labeyond Chemicals Co., Ltd.
- Croda International PLC
- Uniproma
- Lycus Ltd.
Global Cosmetic UV Absorbers Market: Research Scope
Global Cosmetic UV Absorbers Market, by Product
- Benzamidine
- Benzophenone
- Triazine
- Benzotriazole
- Others
Global Cosmetic UV Absorbers Market, by Ingredients
- Organic
- Inorganic
Global Cosmetic UV Absorbers Market, by Application
- UVA protection
- UVB protection
- UVA + UVB protection
Global Cosmetic UV Absorbers Market, by End-use
- Skin care
- Hair care
- Make up Products
- Lipsticks and Lip Balm
- Foundation
- Others (Concealer, etc.)
- Others (Soaps, Body wash, etc.)
Global Cosmetic UV Absorbers Market, by Sales Channel
- Direct Sale
- Indirect Sale
Demand for Natural & Organic Sun Care Products a Key Market Opportunity
Multi-functional sun care products that contain organic ingredients are widely accepted by end-users for safe and sustainable UV protection. This indirectly influences key cosmetic brands to launch innovative and sustainable product range in the UV protection category. Moreover, leading brands are offering at least one SKU in foundations, moisturizers, and lip colors that contain UV absorbers to provide protection against harmful UV radiations.
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Stringent Standards and Regulations a Key Market Challenge
As products with synthetic ingredients may sometime prove harmful to the skin, these products are facing a lag in demand in certain regions. FDA is planning to ban higher SPF claims and limiting the value to 60+. FDA believes that higher SPF creates confusion and is misleading and does not provide additional benefit to consumers. FDA is also looking to raise the standard of UVA protection.
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