United States Chemical Sunscreen Ingredient Market was valued at USD 1.0 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The US Chemical Sunscreen Ingredient Market is experiencing rapid growth, driven by the increasing demand for effective sun protection solutions across various industries. Chemical sunscreens, which contain ingredients like avobenzone, oxybenzone, and homosalate, are increasingly popular due to their ability to absorb UV rays and provide broad-spectrum protection. These ingredients are often preferred over physical sunscreens because they are lightweight, non-greasy, and invisible on the skin.
Industries such as cosmetics, personal care, and pharmaceuticals are the primary consumers of chemical sunscreen ingredients. The cosmetics industry, in particular, is seeing a surge in the formulation of skincare products, ranging from lotions to foundations, all of which incorporate chemical sunscreens. The need for high-performance, long-lasting sun protection is pushing brands to innovate and develop products that meet consumer expectations for safety and efficacy. According to recent market analyses, the demand for sunscreens with advanced chemical ingredients is expected to grow by over 10% in the coming years, particularly in North America, where there is a high awareness of skin cancer and sun-related skin damage.
In addition to personal care, the pharmaceutical industry is also a major player in the Chemical Sunscreen Ingredient Market. Prescription-grade sunscreens with specialized formulations are being developed to treat or prevent conditions such as melasma and photoaging. As a result, there is an increasing need for the highest quality and most effective chemical sunscreen ingredients to cater to this niche yet expanding market. These specialized formulations often require unique combinations of ingredients, ensuring that the sunscreen is both functional and dermatologically safe.
From an industrial perspective, manufacturers must comply with evolving regulatory standards concerning chemical sunscreens. In recent years, the FDA has been revising its guidelines for sunscreen ingredients, focusing on safety and efficacy. This has prompted companies to invest heavily in research and development, ensuring that the ingredients they use meet both regulatory requirements and consumer preferences. Companies in the US are expected to adapt to these changes, and there is a growing need for robust testing and innovation in sunscreen ingredients.
The increasing environmental concerns about chemical sunscreens also play a significant role in shaping the market. Some sunscreen ingredients, like oxybenzone, have been linked to coral reef damage, prompting companies to look for more eco-friendly alternatives. This environmental shift is influencing both consumer purchasing decisions and the way businesses formulate their products.
In summary, the US Chemical Sunscreen Ingredient Market is poised for significant expansion, driven by the growing demand from industries such as cosmetics, personal care, and pharmaceuticals. As these industries continue to innovate and improve sun protection formulations, there is a need for advanced chemical ingredients that are both effective and safe for the consumer.
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Symrise
Nanjing COSMOS Chemical
Hubei Hongjing Chemical
Nanjing CHICO Pharmaceutical
Changzhou Josen Pharmaceutical
Wuhan BJM Pharm
Hangzhou Sunny Chemical
Hongda Group
Hangzhou Jingyou Chemical
Everlight Chemical Industrial
Dalian Richfortune Chemicals
Xiangyang King Success Fine Chemical
Chitec Technology
Changzhou Chang-Yu Chemical
Lycus
Nanjing Hua Lim Chemical
Hangzhou Shinyang Samwoo Fine Chemical
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Chemical Sunscreen Ingredient Market
UV Filters
Emollients
Thickeners
Preservatives
Lotions
Creams
Gels
Sprays
Sticks
Personal Care
Commercial Products
Online Retail
Offline Retail
Age Group
Gender
Lifestyle Preferences
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Chemical Sunscreen Ingredient Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Chemical Sunscreen Ingredient Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Chemical Sunscreen Ingredient Market, By Type
6. US Chemical Sunscreen Ingredient Market, By Application
7. US Chemical Sunscreen Ingredient Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Chemical Sunscreen Ingredient Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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