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Carbomer Market Size, Share & Industry Analysis, By Product (Carbomer 940, Carbomer 980, Carbomer 934, Others), By Type (Liquid, Powder), By End-Use (Personal Care & Cosmetic, Pharmaceutical) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102999 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Polyacrylic Acid (PAA) also known as carbomer is a synthetic polymer with IUPAC name poly(1-carboxyethylene). Carbomers are homopolymers of acrylic acid and can also be synthesized by cross linking of allyl ether of pentaerythritol. Dry PAA is white, fluffy powder that is commonly used as gel in cosmetic and personal care products to suspend solid in liquids, stop emulsions from disintegrating and manage the consistency in flow of cosmetics. For many applications, PAAs are used in the form of alkali metals or ammonium salts.


The non-toxic nature, ability of absorbing water nearly 500 times of its own weight is leading to the rise in demand for carbomer in the pharmaceutical and personal care industry. It is used as ion exchange agent, thickener, dispersing agent, and emulsifier and clarifying agent. They are used in disposable diapers and sanitary napkins. Neutralized carbomer is used in biocompatible skin medications such as gels and other products in skin care and skin disease treatment products.


Key Market Driver -

Increasing use of carbomer in end-use applications like pharmaceuticals and personal care.

Key Market Restraint -

Stringent rules imposed by Environmental Protection Agency.


However, though PAA is non-toxic in nature, it can irritate eye and skin hence has limited application in cosmetic applications. Additionally, the stringent rules and standards set up by the EPA is likely to hinder the market growth.


Market Segmentation:


Based on product, the market is segmented into Carbomer 940, Carbomer 980, Carbomer 934, and others. Based on type, it is segmented into liquid and powder. Based on end-use, the market is segmented into personal care & cosmetic and pharmaceutical.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global carbomer market is fairly fragmented and competitive with a number of global & regional key players operating in the industry. Some of the key participants in the market are Evonik, Lubrizol, Sumitomo, DX Chemicals, Maruti Chemicals, Newman Fine Chemicals, Tinci Materials, Corel, and Others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Carbomer Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominte the market attributed to healthy growth of the pharmceutical and personal care industries and the lower labour cost in the region. Europe is the second-largest market for carbomer attributed to the increasing product consumption in Germany, France, UK and Italy. North America is expected to show a moderate growth due to the extensive R&D in the pharmaceutical sector. Latin America and Middle East and Africa are set to witness a significant growth by the end of forecast period.


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Segmentation


























 ATTRIBUTE


 DETAILS

By Product




  • Carbomer 940

  • Carbomer 980

  • Carbomer 934

  • Others



By Type




  • Liquid

  • Powder



By End-Use




  • Personal Care & Cosmetic

  • Pharmaceutical



By Geography




  • North America (U.S., and Canada)

  • Europe (UK, Germany, France, Italy, and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, Saudi Arabia, and Rest of the Middle East & Africa)



Carbomer Industry Developments



  • In April 2020, BOC Sciences, a New York-based biochemical supplier, announced that the company will offer various carbomer products for personal care and disinfection industries.

  • In April 2019, Lubrizol Corporation launched newest multifunctional, 2-in-1 rheology modifier, Carbopol Style 2.0 polymer. This novel technology not only provides rheology modification, but also offers light to medium styling hold, reducing or eliminating the need for Polyvinylpyrrolidone (PVP) or fixatives.


Carbomer Market  Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2021
  • 2018-2020

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