Cyclotetrasiloxane belongs to the group of siloxanes and is a part of organosilicon (organic silicon) compounds and is termed as one of the cyclomethicones. Cyclotetrasiloxane is a cyclic compound with 4 silicon and 4 oxygen atoms, which are alternatively bonded. They are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilisations, technological advancements etc to lead the global market for Cyclotetrasiloxane market share hike.
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Factors such as growing awareness regarding beauty and cosmetic products, changing lifestyle of the consumers and the growing disposable income of the middle-class population are expected to drive the growth of the market in heavily populated and developing countries.
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Owing to its toxicity, several environmental policies around the globe pose a threat to the growth of the market for cyclotetrasiloxane. For instance, recently in 2018, the European Commission’s Regulation, Evaluation, Authorisation and Restriction of Chemicals (REACH) has published in the Official Journal to the European Union that cyclotetrasiloxane (D4) and cyclopentasiloxane (D5) in wash-off cosmetic products shall not be placed in the market in a concentration equal to or greater than 0.1% by weight of either substance, after 31 January 2024.
However, countries such as Canada have concluded that all the three siloxanes, including cyclotetrasiloxane, are safe for human health. The Canadian Cosmetic, Toiletry and Fragrance Association (CCTFA) is working with the government to plan risk management measures for the political and environmental concerns regarding cyclotetrasiloxane.
Nowadays, the manufacturers and new emerging players are focusing on products that are environment friendly and matching the environmental regulations. This involves mixtures of botanical oils, waxes and less harmful synthetic materials.
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Cyclotetrasiloxane Market Segmentation:
The cyclotetrasiloxane market can be segmented on the basis of function, concentration and application.
On the basis of function, cyclotetrasiloxane can be segmented into:
Surface Tension Reducer
Additive
Intermediate
Lubricant
Others
On the basis of concentration, cyclotetrasiloxane market can be segmented into:
98% content
99% content
Others
On the basis of application, cyclotetrasiloxane can be segmented into:
Skincare
Skin creams
Skin lotions
Suntan lotions
Body washes
Antiperspirant and deodorant
Cosmetics
Make-up
Make-up remover
Bath oils
Hair care
Others
Cyclotetrasiloxane Market Regional Outlook:
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Cyclotetrasiloxane is in a strong demand from the cosmetics and beauty market segment. The manufacturing of cyclotetrasiloxane is concentrated in China and Europe. However, the Asia Pacific market is expected to have a large market share due to the growing population and escalating disposable income. Regions such as Latin America and Middle East and Africa (MEA) are expected to grow at a significant rate during the forecast period owing to the growing awareness regarding skin care products. Europe and North America might experience a downsized market share throughout 2018 to 2028 due implementation of stringent environmental policies.
List of Key Players:
Examples of some of the key players operating in the global cyclotetrasiloxane market are:
Dow Corning Corporation
Momentive Performance Materials Inc.
Wacker Chemie AG
Wuhan Jiehong International Trading Co., ltd
Clearco Products Co., Inc.
Genesee Polymers Corporation
BRB International B.V.
AB Specialty Silicones
Jiangxi Xinghuo Silicone Factory
Elkem Silicones
Dongyue Group Ltd
TangShan SanYou Chemical Industries Co., Ltd.
Zhejiang Hoshine Silicon Industry Co., Ltd.
SHANDONGJINLING Chemistry Co., Ltd.
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