The global Piroctone Olamine Market is valued at around USD 73.0 Million in 2022 and is anticipated to expand at a CAGR of 6.5%, reaching USD 137.1 Million by 2032. Growing demand for piroctone olamine for the production of hair care and cosmetics products is expected to drive the market.
| Attributes | Details |
|---|---|
| Piroctone Olamine Market Base Year Value (2021A) | USD 69.2 Million |
| Estimated Market Size Year (2022E) | USD 73.0 Million |
| Projected Market Valuation (2032F) | USD 137.1 Million |
| Value-based CAGR (2022 to 2032) | 6.5% |
| Collective Value Share: Top 3 Countries in 2022 | 51.3 % |
FMI forecasts that the global piroctone olamine market is projected to register year-on-year growth of 5.6% in 2022. Extensive applications of piroctone olamine in anti-dandruff shampoos, creams, rinses, lotions, and other skincare products are spurring demand in the market.
Piroctone olamine is also used in applications such as deodorants, perfumes, and washing products such as detergents, and soaps, which is expected to augment the growth in the market over the forecast period.
The demand for piroctone olamine grew at a 2.9% CAGR between 2017 and 2021. As per the report, sales of piroctone olamine are slated to increase at a 6.5% CAGR over the assessment period.
Piroctone olamine is a powerful ingredient that fights dandruff at its source. Along with this, it is used as a preservative and thickening agent that increases the shelf life of products and prevents the growth of germs in cosmetics products.
It is a transparent formulation that is easy to formulate and has excellent pH and temperature stability, making it an ideal ingredient in various cosmetics products. In addition to this, piroctone olamine is an odor-eliminating agent, it is frequently used in deodorants to get rid of the body’s unpleasant odor. It's also used in soaps and other cleaning goods.
The rising application of piroctone olamine in various personal care products and other applications is expected to create opportunities for growth for players operating in the market over the forecast period.
The rising incidence of genus Malassezia globose on the scalp which causes dandruff due to changing weather and increasing stress levels are boosting demand for anti-dandruff and anti-hair fall products.
According to a study, almost 50% of the adult population across the globe is suffering from dandruff problems.
In response to this, manufacturers are transitioning into anti-dandruff shampoos and other product ranges. Increasing production of anti-dandruff shampoos is expected to create opportunities for sales of anti-dandruff ingredients over the forecast period.
Piroctone Olamine is a powerful ingredient that fights dandruff at its source. It also has a unique molecular composition that makes it very easy to dissolve in shampoo formula which makes it an ideal choice for shampoo manufacturers. This is expected to fuel sales of piroctone olamine in the hair care industry in the forthcoming years.
Surging Demand for Piroctone Olamine Creams in China Will Augment Growth
The cosmetic industry is growing rapidly in China and consumers are highly receptive to skincare and makeup products. Growing disposable income, increasing urbanization, and social media influence is propelling growth in the beauty and cosmetics sector.
Piroctone Olamine has a wide range of applications in the cosmetic industry. Rapid expansion, along with increasing sales of beauty and personal care products through online channels in China will augment the growth in the market over the forecast period.
Rising Awareness Regarding Skin Benefits of Piroctone Olamine in the USA Will Boost Sale
An increasing number of beauty clinics and high demand for makeup products in the USA is driving the cosmetic sector in the USA This is expected to have a direct impact on sales of piroctone olamine over the forecast period.
Increasing awareness of the benefits of piroctone olamine on the skin will boost the USA market in the forthcoming years. In addition to this, the increasing number of factories, vehicles, and power plants is elevating the pollution levels in the USA, which causes dandruff and other skin-related issues.
Piroctone Olamine ingredients have applications in antidandruff shampoos and skin care products. Increasing demand for antidandruff solutions and cosmetics products is expected to propel the growth in the USA piroctone olamine market.
Demand for >99% Piroctone Olamine Will Bolster
Piroctone Olamine with ≥99% purity has extensive applications in anti-dandruff shampoos and other hair care solutions, creams, rinses, lotions, and skincare products. The compound with 99% purity or higher also helps in increasing the shelf life of cosmetic products and prevents the growth of germs.
In addition to this, it is used as a smell-eliminating agent in deodorants, perfumes, and washing products such as detergents and soaps.
Increasing Adoption of Piroctone Olamine in Cosmetic Products Will Fuel Sales
Piroctone Olamine is used as a preservative and thickening agent that helps to increase the shelf life of products and prevents the growth of germs in cosmetics products. It is an active ingredient, and it can be used in creams, lotions, and cleansers.
When used with other ingredients, piroctone olamine can effectively reduce erythema, scaling, burning, and stinging sensations in cosmetics products.
It also has excellent pH and temperature stability and can also be employed in various anti-acne products such as gels, lotion, and cleansers. Sales in the cosmetics segment are anticipated to increase at a CAGR of 5.9% during the forecast period, reaching about USD 21.3 Million by end of the year 2032.
Key players are strengthening their positions in the market by expanding their production capacities. Only a few market players control the majority of the market share in the global piroctone olamine market.
As the market has become more consolidated, prices have risen. Manufacturers are investing in research and development to reduce the production and procurement cost of piroctone olamine.
| Attributes | Details |
|---|---|
| Estimated Market Size (2022) | USD 73 Million |
| Projected Market Valuation (2032) | USD 137.1 Million |
| Value-based CAGR (2022 to 2032) | 6.5% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and Kgs for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East & Africa. |
| Key Segments Covered | Purity, Application, Region |
| Key Companies Profiled | Clariant AG; Lonza Group; Wuxi Zhufeng Fine Chemical Co., Ltd.; Kumar organic product limited; Somu Group; Zhonglan Industry Co. Ltd.; YanTai Aurora Chemical Co. Ltd.; Spec Chem Industry Inc.; Shandong Chuangying Chemical Co. Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 01: Global Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Purity, 2017 to 2032
Table 02: Global Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 03: Global Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Region, 2017 to 2032
Table 04: North America Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Country, 2017 to 2032
Table 05: North America Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Purity, 2017 to 2032
Table 06: North America Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 07: Latin America Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Country, 2017 to 2032
Table 08: Latin America Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Purity, 2017 to 2032
Table 09: Latin America Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 10: Europe Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Country, 2017 to 2032
Table 11: Europe Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Purity, 2017 to 2032
Table 12: Europe Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 13: East Asia Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Country, 2017 to 2032
Table 14: East Asia Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Purity, 2017 to 2032
Table 15: East Asia Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 16: South Asia Pacific Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Country, 2017 to 2032
Table 17: South Asia Pacific Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Purity, 2017 to 2032
Table 18: South Asia Pacific Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 19: MEA Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Country, 2017 to 2032
Table 20: MEA Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Purity, 2017 to 2032
Table 21: MEA Market Size Volume (KGs) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Figure 01: Global Market Historical Volume (KGs), 2017 to 2021
Figure 02: Global Market Current and Forecast Volume (KGs), 2022 to 2032
Figure 03: Global Market Historical Value (US$ Thousand), 2017 to 2021
Figure 04: Global Market Current and Forecast Value (US$ Thousand), 2022 to 2032
Figure 05: Global Market Incremental $ Opportunity (US$ Thousand), 2022 to 2032
Figure 06: Global Market Share and BPS Analysis By Purity– 2022 & 2032
Figure 07: Global Market Y-o-Y Growth Projections By Purity, 2022 to 2032
Figure 08: Global Market Attractiveness Analysis By Purity, 2022 to 2032
Figure 09: Global Market Absolute $ Opportunity by ≥ 99% Segment, 2017 to 2032
Figure 10: Global Market Absolute $ Opportunity by < 99% Segment, 2017 to 2032
Figure 11: Global Market Share and BPS Analysis By Application– 2022 & 2032
Figure 12: Global Market Y-o-Y Growth Projections By Application, 2022 to 2032
Figure 13: Global Market Attractiveness Analysis By Application, 2022 to 2032
Figure 14: Global Market Absolute $ Opportunity by Hair Care Segment, 2017 to 2032
Figure 15: Global Market Absolute $ Opportunity by Cosmetics Segment, 2017 to 2032
Figure 16: Global Market Absolute $ Opportunity by Deodorants Segment, 2017 to 2032
Figure 17: Global Market Absolute $ Opportunity by Washing Products Segment, 2017 to 2032
Figure 18: Global Market Absolute $ Opportunity by Others Segment, 2017 to 2032
Figure 19: Global Market Share and BPS Analysis By Region– 2022 & 2032
Figure 20: Global Market Y-o-Y Growth Projections By Region, 2022 to 2032
Figure 21: Global Market Attractiveness Analysis By Region, 2022 to 2032
Figure 22: Global Market Absolute $ Opportunity by North America Segment, 2017 to 2032
Figure 23: Global Market Absolute $ Opportunity by Latin America Segment, 2017 to 2032
Figure 24: Global Market Absolute $ Opportunity by Europe Segment, 2017 to 2032
Figure 25: Global Market Absolute $ Opportunity by East Asia Segment, 2017 to 2032
Figure 26: Global Market Absolute $ Opportunity by South Asia Pacific Segment, 2017 to 2032
Figure 27: Global Market Absolute $ Opportunity by Segment, 2017 to 2032
Figure 28: North America Market Share and BPS Analysis By Country– 2022 & 2032
Figure 29: North America Market Y-o-Y Growth Projections By Country, 2022 to 2032
Figure 30: North America Market Attractiveness Projections By Country, 2022 to 2032
Figure 31: North America Market Share and BPS Analysis By Purity– 2022 & 2032
Figure 32: North America Market Y-o-Y Growth Projections By Purity, 2022 to 2032
Figure 33: North America Market Attractiveness Analysis By Purity, 2022 to 2032
Figure 34: North America Market Share and BPS Analysis By Application– 2022 & 2032
Figure 35: North America Market Y-o-Y Growth Projections By Application, 2022 to 2032
Figure 36: North America Market Attractiveness Analysis By Application, 2022 to 2032
Figure 37: Latin America Market Share and BPS Analysis By Country– 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Projections By Country, 2020 to 2031
Figure 39: Latin America Market Attractiveness Projections By Country, 2020 to 2031
Figure 40: Latin America Market Share and BPS Analysis By Purity– 2022 & 2032
Figure 41: Latin America Market Y-o-Y Growth Projections By Purity, 2022 to 2032
Figure 42: Latin America Market Attractiveness Analysis By Purity, 2022 to 2032
Figure 43: Latin America Market Share and BPS Analysis By Application– 2022 & 2032
Figure 44: Latin America Market Y-o-Y Growth Projections By Application, 2022 to 2032
Figure 45: Latin America Market Attractiveness Analysis By Application, 2022 to 2032
Figure 46: Europe Market Share and BPS Analysis By Country– 2022 & 2032
Figure 47: Europe Market Y-o-Y Growth Projections By Country, 2022 to 2032
Figure 48: Europe Market Attractiveness Projections By Country, 2022 to 2032
Figure 49: Europe Market Share and BPS Analysis By Purity– 2022 & 2032
Figure 50: Europe Market Y-o-Y Growth Projections By Purity, 2022 to 2032
Figure 51: Europe Market Attractiveness Analysis By Purity, 2022 to 2032
Figure 52: Europe Market Share and BPS Analysis By Application– 2022 & 2032
Figure 53: Europe Market Y-o-Y Growth Projections By Application, 2022 to 2032
Figure 54: Europe Market Attractiveness Analysis By Application, 2022 to 2032
Figure 55: East Asia Market Share and BPS Analysis By Country– 2022 & 2032
Figure 56: East Asia Market Y-o-Y Growth Projections By Country, 2022 to 2032
Figure 57: East Asia Market Attractiveness Projections By Country, 2022 to 2032
Figure 58: East Asia Market Share and BPS Analysis By Purity– 2022 & 2032
Figure 59: East Asia Market Y-o-Y Growth Projections By Purity, 2022 to 2032
Figure 60: East Asia Market Attractiveness Analysis By Purity, 2022 to 2032
Figure 61: East Asia Market Share and BPS Analysis By Application– 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Projections By Application, 2022 to 2032
Figure 63: East Asia Market Attractiveness Analysis By Application, 2022 to 2032
Figure 64: South Asia Pacific Market Share and BPS Analysis By Country– 2022 & 2032
Figure 65: South Asia Pacific Market Y-o-Y Growth Projections By Country, 2022 to 2032
Figure 66: South Asia Pacific Market Attractiveness Projections By Country, 2022 to 2032
Figure 67: South Asia Pacific Market Share and BPS Analysis By Purity– 2022 & 2032
Figure 68: South Asia Pacific Market Y-o-Y Growth Projections By Purity, 2022 to 2032
Figure 69: South Asia Pacific Market Attractiveness Analysis By Purity, 2022 to 2032
Figure 70: South Asia Pacific Market Share and BPS Analysis By Application– 2022 & 2032
Figure 71: South Asia Pacific Market Y-o-Y Growth Projections By Application, 2022 to 2032
Figure 72: South Asia Pacific Market Attractiveness Analysis By Application, 2022 to 2032
Figure 73: MEA Market Share and BPS Analysis By Country– 2022 & 2032
Figure 74: MEA Market Y-o-Y Growth Projections By Country, 2022 to 2032
Figure 75: MEA Market Attractiveness Projections By Country, 2022 to 2032
Figure 76: MEA Market Share and BPS Analysis By Purity– 2022 & 2032
Figure 77: MEA Market Y-o-Y Growth Projections By Purity, 2022 to 2032
Figure 78: MEA Market Attractiveness Analysis By Purity, 2022 to 2032
Figure 79: MEA Market Share and BPS Analysis By Application– 2022 & 2032
Figure 80: MEA Market Y-o-Y Growth Projections By Application, 2022 to 2032
Figure 81: MEA Market Attractiveness Analysis By Application, 2022 to 2032
The global piroctone olamine market is anticipated to reach a valuation of USD 73.0 Million in 2022.
The global piroctone olamine market is anticipated to expand at a 6.5% CAGR over the forecast period.
The global piroctone olamine market witnessed growth at a 2.9%CAGR between 2017 and 2021.
Clariant AG, Lonza Group, Wuxi Zhufeng Fine Chemical Co., Ltd., Kumar organic product limited, Somu Group, Zhonglan Industry Co. Ltd., YanTai Aurora Chemical Co. Ltd., Spec Chem Industry Inc., Shandong Chuangying Chemical Co. Ltd. and others are the key players in the global piroctone olamine market.
The top countries driving the piroctone olamine demand are China, the USA, and Germany.
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