Global UV Filter Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global UV Filter Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

UV Filter is divided into organic UV Filter and inorganic UV Filter.

Organic UV Filters include: Ethylhexyl methoxycinnamate (EHMC), Butyl methoxydibenzoylmethane (BMBM), Octocrylene (OCR), Homosalate (HMS), etc. Inorganic UV Filter includes Titanium Dioxide, Zinc Oxide (ZNO), etc. Organic UV Filter is also called ultraviolet absorber, which can protect the skin by selectively absorbing ultraviolet rays in sunlight. Inorganic UV Filter is also called physical shielding agent. It mainly forms a uniform protective layer by using inorganic particles such as titanium dioxide (TiO2), zinc oxide (ZnO), etc., and the protective layer can block out the ultraviolet reflection, refraction and scattering effects. Partial UV.

Market Overview:

The latest research study on the global UV Filter market finds that the global UV Filter market reached a value of USD 1025.48 million in 2022. It’s expected that the market will achieve USD 1496.0 million by 2028, exhibiting a CAGR of 6.5% during the forecast period.

Side effects during product application

Inorganic UV Filters may also cause photocatalytic activity and cause skin irritation. The particle diameter of the physical sunscreen, the shape of the particles, the type of wrapping material, and the uniformity of the product have a direct impact on the sunscreen effect. Some Organic UV Filters have poor light stability and are susceptible to oxidation. The skin irritation caused by this change often occurs in recent years, so finding a relatively safe sunscreen has become a hot topic. These product side effects hinder the further application of the product and limit the development of the industry.

Counterfeit and shoddy products hinder the healthy development of the market

There are many fake and shoddy products in the downstream applications of UV Filter, especially for personal skin care products such as sunscreen and sunscreen. These counterfeit and threatened products have hurt consumer confidence, negatively affected potential demand, and inhibited the normal development of the industry.

Product performance continues to improve and R & D investment increases

Due to the promotion of downstream demand, players inside and outside the industry will invest more funds in research and development and promote the production of better products. For example, physical sunscreen agents may also cause photocatalytic activity and cause skin irritation. In order to solve this potential hidden danger, some manufacturers use various materials such as polysiloxane, alumina, stearic acid and surfactants to superfine inorganic The surface coating treatment of the powder can not only reduce the photocatalytic activity of the inorganic powder, but also prevent the precipitation or accumulation of the inorganic powder in the sunscreen product, increase the stability of the product, improve the visual effect of the product and the consumer's Use skin feel. The advancement of technology and the continuous improvement of product performance have promoted the development of the industry and provided more opportunities for players.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Europe (31.34% in 2022).

Company Overview:

BASF is one of the major players operating in the UV Filter market, holding a share of 21.67% in 2023.

BASF

BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.

DSM

Koninklijke DSM N.V. is a Dutch-based multinational life sciences and materials sciences company. The Company's global end markets include food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy, and bio-based materials.

Segmentation Overview:

By type, Organic UV Filters segment accounted for the largest share of market in 2022.

Organic UV Filters

Organic UV Filters absorb ultraviolet rays through the photons of ultraviolet radiation are absorbed by Organic UV Filters. If the energy of the photon is exactly equal to the difference between the higher and lower energy levels in the Organic UV Filters molecule, the Organic UV Filters molecules can absorb this. Ultraviolet photons, which are converted into vibrational or thermal energy by Organic UV Filters, are a photophysical phenomenon.

Inorganic UV Filters

Inorganic UV Filters are mainly coated with inorganic particles such as titanium dioxide (TiO2) and zinc oxide (ZnO) on the surface of the skin to form a uniform protective layer. The protective layer's reflection, refraction and scattering of ultraviolet rays can shield Damage to the skin due to the loss of UV rays. Inorganic UV Filters have the advantages of high safety and strong stability and are not prone to phototoxic reactions or photoallergic reactions

Application Overview:

By application, the Personal Care Products segment occupied the biggest share from 2018 to 2022.

Key Companies in the global UV Filter market covered in Chapter 3:

Uniproma
DSM
Brilliance Biochemical
BASF
Sensient
Galaxy Surfactants
Kobo Products
Salicylates and Chemicals
MFCI
Symrise
Ashland
Sunjin Beauty Science
Hallstar

In Chapter 4 and Chapter 14.2, on the basis of types, the UV Filter market from 2018 to 2029 is primarily split into:

Organic
Inorganic
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the UV Filter market from 2018 to 2029 covers:

Printing and Photography
Sunscreen/Cosmetic Products
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)