Europe UV-90 Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The UV-90 market in Europe has witnessed significant growth in recent years, driven by its widespread applications across various industries. UV-90, a chemical compound with the CAS number 131-57-7, serves as a vital ultraviolet (UV) filter, primarily used to absorb UV radiation and protect materials from degradation. Its applications span multiple sectors, including personal care, industrial coatings, and plastics, underscoring its importance in enhancing product longevity and quality.
In the personal care industry, UV-90 is predominantly utilized in sunscreens and skincare products. Its ability to absorb harmful UV rays makes it essential in formulating products that protect the skin from sun-induced damage. The demand for such products has surged, particularly in countries like Germany and the United Kingdom, where consumers are increasingly aware of the harmful effects of UV radiation. In Germany, sales of ultraviolet filters are estimated at US$ 944.9 million in 2023, with expectations to reach US$ 1.78 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.5%. Similarly, the UK's market is projected to grow at a CAGR of 9.1%, driven by public health campaigns emphasizing sunscreen use. citeturn0search6
The industrial coatings sector also significantly contributes to the demand for UV-90. UV filters are incorporated into coatings to protect surfaces from UV-induced degradation, discoloration, and reduced lifespan. This application is particularly prevalent in the construction industry, where architectural coatings exposed to varying weather conditions benefit from the protective qualities of UV-90. The consumer goods sector, including electronics and household appliances, also utilizes UV-90 in coatings to prevent UV damage, ensuring product durability and aesthetic appeal. citeturn0search5
Furthermore, the plastics industry employs UV-90 to enhance the UV stability of plastic products, preventing discoloration and degradation when exposed to sunlight. This application is crucial for products used in outdoor environments, where prolonged UV exposure is inevitable. citeturn0search0
The European market for UV-90 is characterized by the presence of several key manufacturers, including BASF, MPI Chemie, Lambson, GYC Group, TNJ Chemical, and Aeco Chemical Industrial. These companies play a pivotal role in meeting the growing demand across various applications. citeturn0search2
In summary, the UV-90 market in Europe is experiencing robust growth, propelled by its essential role in protecting products across multiple industries from harmful UV radiation. As consumer awareness regarding UV protection increases and industries seek to enhance product durability, the demand for UV-90 is expected to continue its upward trajectory, offering promising opportunities for manufacturers and stakeholders involved in its production and application.
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BASF
MPI Chemie
Lambson
GYC Group
TNJ Chemical
Aeco Chemical Industrial
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 Europe UV-90 Market
Age
Gender
Income Level
Lifestyle
Values
Personality Traits
Usage Rate
Brand Loyalty
Benefits Sought
Seasonal Use
Special Occasions
Daily Use
Product Features
Type of Usage
Consumer Interaction
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 Europe UV-90 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. Europe UV-90 Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe UV-90 Market, By Type
6. Europe UV-90 Market, By Application
7. Europe UV-90 Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe UV-90 Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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