Bismuth Oxychloride Market Report, by Product Type (Industrial Grade and Cosmetics & Pharmaceutical Grade), by End-Use Industry (Cosmetics, Automotive, Pharmaceutical, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Bismuth oxychloride is an inorganic compound with formula BiOCI, which finds its applications as a makeup colorant that provides an iridescent (shiny) effect. Moreover, it is utilized in pharmaceutical, automotive, and other industries. Therefore, growth of these industries is projected to boost growth of the global bismuth oxychloride market in the near future. According to International Organization of Motor Vehicle Manufacturers (OICA), the global automobile production was increased from 94.9 billion units in 2016 to 95.6 billion units in 2021.
Market Dynamics
Among product type, cosmetics & pharmaceutical grade segment held largest revenue share and contributed 83.4% in global bismuth oxychloride market in 2021. Whereas, industrial grade segment is expected to record fastest growth over the forecast period. Industrial grade bismuth oxychloride finds its applications in end-use industries such as wood coating, printing inks, and automotive. Growth of end-use industries is likely to drive growth of global bismuth oxychloride market in the near future.
Among regions, in 2021, Asia Pacific held dominant position in the global bismuth oxychloride market and contributed revenue share of 34.4% in the global market. According to India Brand Equity Foundation (IBEF), Indian cosmetics, beauty, and grooming industry was valued at US$ 6.5 billion in 2017 and is expected to reach US$ 20 billion by the end of 2025. This factor is expected to boost the demand for bismuth oxychloride from cosmetics industry over the forecast period.
Key features of the study:
This report provides in-depth analysis of global bismuth oxychloride market and provides market size (US$ Mn & Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global bismuth oxychloride market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Geotech International B.V, BASF SE, Satyam Pharma-Chem Pvt. Ltd., Uni-Powder, Zhonglan Industry Co., Ltd., Ava Chemicals Pvt. Ltd., Omkar Speciality Chemicals Ltd., Vital Materials Co., Limited, Hangzhou Rebtech Novel Material Co., Ltd., Nanoshel LLC, and Muby Chemicals
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global bismuth oxychloride market report caters to various stakeholders in this industry including investors, suppliers, bismuth oxychloride manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bismuth oxychloride market
Detailed Segmentation:
Global Bismuth Oxychloride Market, By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
Global Bismuth Oxychloride Market, By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Global Bismuth Oxychloride Market, By Region:
North America
U.S.
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Canada
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Latin America
Brazil
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Argentina
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Mexico
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Rest of Latin America
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Europe
U.K.
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Germany
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
France
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Italy
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Spain
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Russia
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Rest of Europe
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Asia Pacific
China
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
India
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Japan
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
South Korea
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
ASEAN
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Rest of Asia Pacific
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Middle East & Africa
Middle East
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Africa
By Product Type:
Industrial Grade
Cosmetics & Pharmaceutical Grade
By End-use Industry:
Cosmetics
Automotive
Pharmaceutical
Others
Company Profiles
Geotech International B.V*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
BASF SE
Satyam Pharma-Chem Pvt. Ltd.
Uni-Powder
Zhonglan Industry Co., Ltd.
Ava Chemicals Pvt. Ltd.
Omkar Speciality Chemicals Ltd.
Vital Materials Co., Limited
Hangzhou Rebtech Novel Material Co., Ltd.
Nanoshel LLC
Muby Chemicals
“*” marked represents similar segmentation in other categories in the respective section.
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