The global piroctone olamine market is valued at around US$ 73.0 Million in 2022 and is anticipated to expand at a CAGR of 6.5%, reaching US$ 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) | US$ 69.2 Million |
| Estimated Market Size Year (2022E) | US$ 73.0 Million |
| Projected Market Valuation (2032F) | US$ 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.
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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.
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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 US$ 21.3 Million by end of the year 2032.
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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) | US$ 73 Million |
| Projected Market Valuation (2032) | US$ 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 | US$ 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 |
The global piroctone olamine market is anticipated to reach a valuation of US$ 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.
1. Executive Summary | Piroctone Olamine Market 1.1. Global Market Outlook 1.2. Market Value Share Analysis 1.3. Demand Side Trends 1.4. Supply Side Trends 1.5. Technology Roadmap 1.6. Key Factors to Offer Competitive Advantage 1.7. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Strategies 5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032 5.1. Historical Market Volume (Tons) Analysis, 2017 to 2021 5.2. Current and Future Market Volume (Tons) Projections, 2022 to 2032 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis 6.2. Global Average Pricing Analysis Benchmark 7. Global Market Demand (in Value or Application in US$ Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032 7.1. Historical Market Value (US$ Million) Analysis, 2017 to 2021 7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. Global GDP Growth Outlook 8.1.2. Global Chemical Industry Overview 8.1.3. Global Personal Care & Cosmetics Market Outlook 8.1.4. Other macro-economic factors 8.2. Forecast Factors - Relevance & Impact 8.2.1. Top Companies Historical Growth 8.2.2. GDP Growth Forecast 8.2.3. Personal Care & Cosmetics Industry Growth 8.2.4. Other Key Forecast Factors 8.3. Value Chain 8.3.1. Product Manufacturers 8.3.2. Product Distributors 8.3.3. End Users 8.3.4. Average margins 8.4. Supply Demand Scenario 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 8.6. Manufacturing Process Overview 8.7. COVID-19 Impact Analysis 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Purity 9.1. Introduction / Key Findings 9.2. Historical Market Application (US$ Million) and Volume Analysis By Purity, 2017 to 2021 9.3. Current and Future Market Application (US$ Million) and Volume Analysis and Forecast By Purity, 2022 to 2032 9.3.1. ≥99% 9.3.2. <99% 9.4. Market Attractiveness Analysis By Purity 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Application 10.1. Introduction / Key Findings 10.2. Historical Market Application (US$ Million) and Volume Analysis By Application, 2017 to 2021 10.3. Current and Future Market Application (US$ Million) and Volume Analysis and Forecast By Application, 2022 to 2032 10.3.1. Hair Care 10.3.2. Cosmetics 10.3.3. Deodorants 10.3.4. Washing Products 10.3.5. Others 10.4. Market Attractiveness Analysis By Application 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region 11.1. Introduction 11.2. Historical Market Application (US$ Million) and Volume Analysis By Region, 2017 to 2021 11.3. Current Market Application (US$ Million) and Volume Analysis and Forecast By Region, 2022 to 2032 11.3.1. North America 11.3.2. Latin America 11.3.3. Europe 11.3.4. South Asia Pacific 11.3.5. East Asia 11.3.6. Middle East & Africa 11.4. Market Attractiveness Analysis By Region 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Application (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 12.4. Market Application (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 12.4.1. By Country 12.4.1.1. USA 12.4.1.2. Canada 12.4.2. By Purity 12.4.3. By Application 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Purity 12.5.3. By Application 12.6. Market Trends 12.7. Key Market Participants - Intensity Mapping 12.8. Drivers and Restraints - Impact Analysis 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Application (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 13.4. Market Application (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 13.4.1. By Country 13.4.1.1. Brazil 13.4.1.2. Mexico 13.4.1.3. Rest of Latin America 13.4.2. By Purity 13.4.3. By Application 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Purity 13.5.3. By Application 13.6. Market Trends 13.7. Key Market Participants - Intensity Mapping 13.8. Drivers and Restraints - Impact Analysis 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Application (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 14.4. Market Application (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 14.4.1. By Country 14.4.1.1. Germany 14.4.1.2. Italy 14.4.1.3. France 14.4.1.4. United Kingdom 14.4.1.5. Spain 14.4.1.6. BENELUX 14.4.1.7. Russia 14.4.1.8. Rest of Europe 14.4.2. By Purity 14.4.3. By Application 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Purity 14.5.3. By Application 14.6. Market Trends 14.7. Key Market Participants - Intensity Mapping 14.8. Drivers and Restraints - Impact Analysis 15. South Asia and Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Application (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 15.4. Market Application (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 15.4.1. By Country 15.4.1.1. India 15.4.1.2. ASEAN 15.4.1.3. Oceania 15.4.1.4. Rest of South Asia & Pacific 15.4.2. By Purity 15.4.3. By Application 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Purity 15.5.3. By Application 15.6. Market Trends 15.7. Key Market Participants - Intensity Mapping 15.8. Drivers and Restraints - Impact Analysis 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Application (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 16.4. Market Application (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 16.4.1. By Country 16.4.1.1. China 16.4.1.2. Japan 16.4.1.3. South Korea 16.4.2. By Purity 16.4.3. By Application 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Purity 16.5.3. By Application 16.6. Market Trends 16.7. Key Market Participants - Intensity Mapping 16.8. Drivers and Restraints - Impact Analysis 17. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Application (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 17.4. Market Application (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 17.4.1. By Country 17.4.1.1. GCC Countries 17.4.1.2. Turkey 17.4.1.3. Northern Africa 17.4.1.4. South Africa 17.4.1.5. Rest of Middle East and Africa 17.4.2. By Purity 17.4.3. By Application 17.5. Market Attractiveness Analysis 17.5.1. By Country 17.5.2. By Purity 17.5.3. By Application 17.6. Market Trends 17.7. Key Market Participants - Intensity Mapping 17.8. Drivers and Restraints - Impact Analysis 18. Emerging Countries Market Analysis 18.1. Introduction 18.1.1. Market Value Proportion Analysis, By Key Countries 18.1.2. Global Vs. Country Growth Comparison 18.2. USA Market Analysis 18.2.1. By Purity 18.2.2. By Application 18.3. Canada Market Analysis 18.3.1. By Purity 18.3.2. By Application 18.4. Mexico Market Analysis 18.4.1. By Purity 18.4.2. By Application 18.5. Brazil Market Analysis 18.5.1. By Purity 18.5.2. By Application 18.6. Germany Market Analysis 18.6.1. By Purity 18.6.2. By Application 18.7. Italy Market Analysis 18.7.1. By Purity 18.7.2. By Application 18.8. France Market Analysis 18.8.1. By Purity 18.8.2. By Application 18.9. United Kingdom Market Analysis 18.9.1. By Purity 18.9.2. By Application 18.10. Spain Market Analysis 18.10.1. By Purity 18.10.2. By Application 18.11. Russia Market Analysis 18.11.1. By Purity 18.11.2. By Application 18.12. BENELUX Market Analysis 18.12.1. By Purity 18.12.2. By Application 18.13. China Market Analysis 18.13.1. By Purity 18.13.2. By Application 18.14. Japan Market Analysis 18.14.1. By Purity 18.14.2. By Application 18.15. S. Korea Market Analysis 18.15.1. By Purity 18.15.2. By Application 18.16. India Market Analysis 18.16.1. By Purity 18.16.2. By Application 18.17. ASEAN Market Analysis 18.17.1. By Purity 18.17.2. By Application 18.18. Oceania Market Analysis 18.18.1. By Purity 18.18.2. By Application 18.19. Turkey Market Analysis 18.19.1. By Purity 18.19.2. By Application 18.20. GCC Countries Market Analysis 18.20.1. By Purity 18.20.2. By Application 18.21. Northern Africa Market Analysis 18.21.1. By Purity 18.21.2. By Application 18.22. South Africa Market Analysis 18.22.1. By Purity 18.22.2. By Application 19. Market Structure Analysis 19.1. Market Analysis by Tier of Companies 19.2. Market Share Analysis of Top Players 19.3. Market Presence Analysis 20. Competition Analysis 20.1. Competition Dashboard 20.2. Competition Benchmarking 20.3. Competition Deep Dive 20.3.1. Clariant AG 20.3.1.1. Overview 20.3.1.2. Product Portfolio 20.3.1.3. Profitability by Market Segments (Product/Channel/Region) 20.3.1.4. Sales Footprint 20.3.1.5. Strategy Overview 20.3.2. Wuxi Zhufeng Fine Chemical Co. Ltd. 20.3.2.1. Overview 20.3.2.2. Product Portfolio 20.3.2.3. Profitability by Market Segments (Product/Channel/Region) 20.3.2.4. Sales Footprint 20.3.2.5. Strategy Overview 20.3.3. Zhonglan Industry Co. Ltd. 20.3.3.1. Overview 20.3.3.2. Product Portfolio 20.3.3.3. Profitability by Market Segments (Product/Channel/Region) 20.3.3.4. Sales Footprint 20.3.3.5. Strategy Overview 20.3.4. Somu Group 20.3.4.1. Overview 20.3.4.2. Product Portfolio 20.3.4.3. Profitability by Market Segments (Product/Channel/Region) 20.3.4.4. Sales Footprint 20.3.4.5. Strategy Overview 20.3.5. Kumar Organic Products Limited 20.3.5.1. Overview 20.3.5.2. Product Portfolio 20.3.5.3. Profitability by Market Segments (Product/Channel/Region) 20.3.5.4. Sales Footprint 20.3.5.5. Strategy Overview 20.3.6. YanTai Aurora Chemical Co. Ltd. 20.3.6.1. Overview 20.3.6.2. Product Portfolio 20.3.6.3. Profitability by Market Segments (Product/Channel/Region) 20.3.6.4. Sales Footprint 20.3.6.5. Strategy Overview 20.3.7. Spec Chem Industry Inc. 20.3.7.1. Overview 20.3.7.2. Product Portfolio 20.3.7.3. Profitability by Market Segments (Product/Channel/Region) 20.3.7.4. Sales Footprint 20.3.7.5. Strategy Overview 20.3.8. Shandong Chuangying Chemical Co. Ltd. 20.3.8.1. Overview 20.3.8.2. Product Portfolio 20.3.8.3. Profitability by Market Segments (Product/Channel/Region) 20.3.8.4. Sales Footprint 20.3.8.5. Strategy Overview 20.3.9. Lonza Group AG 20.3.9.1. Overview 20.3.9.2. Product Portfolio 20.3.9.3. Profitability by Market Segments (Product/Channel/Region) 20.3.9.4. Sales Footprint 20.3.9.5. Strategy Overview 20.3.10. Starchem Enterprises Limited 20.3.10.1. Overview 20.3.10.2. Product Portfolio 20.3.10.3. Profitability by Market Segments (Product/Channel/Region) 20.3.10.4. Sales Footprint 20.3.10.5. Strategy Overview 21. Assumptions and Acronyms Used 22. Research Methodology
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Piroctone Olamine Market
