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Carbomer Market- Forecast & Opportinuty, 2015-2027

Global Carbomer Market Information (Product Life Cycle, Supplier and Distributors Market Share, Opportunities Analysis, Venture Capital and Funding Scenario, Patent Analysis), By Product type (Carbomer 940, Carbomer 980, Carbomer 934), By Physical State (Liquid, Solid),By Applications (Emulsifiers, Thickeners, dispersing agents, conditioning),  By End User (Personal Care & Cosmetics, pharmaceuticals, water treatment), By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

Carbomer, also called Polyacrylic Acid, is a large-molecular weight compound called polymer which is obtained by synthesis of potassium persulfate or azobisisobutyronitrile (AIBN). It finds an application in various end-user industries including personal care, agriculture, automobile manufacture, construction, among others.According to International Trade Center, the trade value of acrylic polymers was USD 15.90 billion in 2018, which has increased with an annual rate of 2% from 2014 to 2018. This trade value creates an opportunity for trade of carbomer and for the supplier and distributors to invest in raw materials and inventories to reduce risk factors.

The major factors affecting the growth of the market are demand from adhesive, detergent, paints & coatings construction industry. The trend in personal care products such as male grooming which is increasing sales of personal care products through e-commerce industries, which is increasing revenue generated in personal care industry. Offers and discounts in personal care products is the top reason for buying beauty products online. Consumers in Tier 1 and metro cities are experiencing a good web/app to buy the products. Amazon is one of the leading online beauty retailers, generates USD 1.9 million sales for health & personal care and beauty products in 2018. Carbomer is found in wide variety of household and personal care products including aftershave, metal polish, diapers, hand sanitizer, mascara, toothpaste, among others.

Segmental Insights:

Type, physical shape, applications, and end-user are the segment studied in the report.

Carbomer 940, carbomer 980, carbomer 934, and others are the types of carbomer. Carbomer 940 is widely used in the cosmetics products as it acts as powerful, pH-sensitive and stabilize emulsions. The carbomer 940 finds an application in hair gels, lotions, gel-creams, and others creams. It is also used as an emulsifying, stabilizing, suspending, thickening and gelling agent in various end-user due to its versatility and safety.

Thickeners, emulsifying, dispersing agents,conditioners are the applicationstudied in the report.Carbomer is usually used as thickeners in numerous end-users’industries such as cosmetics,pharmaceuticals, and wastewater treatment.Lubrizol corporationused carbomer 940 as thickener for home-based products.These polymer-based products are employed in processing of household products such as floor cleaners.Research and development in the products to utilize bio-based raw materials are expected to offer favorable growth opportunitiesfor the companies in the next couple of years. For instance, Novozymes and Cargill Inc, have collaborated for developing bio-based technologies to produce the acrylic acid, this, in turn, is likely to upsurge the demand for the carbomer in the industry over the years ahead.

The personal care industry is likely to hold a major share in the market. This is attributed to the usage of products in the cosmetics and personal care products. According to International Trade Center, the trade value of surface-active, cleaning preparations, washing was estimated USD 14.4 billion in 2018. This makes up the companies to invest more in surfactants and laundry detergent products.

Regional Insights:

The industry is likely to rise at a two-fold growth by the end of 2026. Asia Pacific region is expected to gain major momentum in the market due to presence of large number of key players. China and India are one of the significant consumers and producer of polyacrylic acid and is expected to witness rapid growth during the forecast period. In India, carbomer are used in agricultural and cultural sector for soil conditioning. The increasing growth in Indian agricultural sector GDP supports the carbomer market in the country. The low-cost labor and Chinese products gain a huge market of personal care products in the region.

Recently, LG Electronics announced its plan to invest USD 400 million for the development in the membrane filtration systems sector in Asia Pacific, which is likely to. This development is expected to rise the demand for aqua treatment chemicals including carbomer in the region.

The market is highly mature and is dominated by some major participants that are fully integrated across the value chain. The major players are engaged in the manufacturing of raw materials as well as desired products and also have penetrated into various distribution channels and end-user sectors.

The major players ahead of the curve in the carbomer market are Inc., The Lubrizol Corporation, Arkema, Ashland Global Specialty Chemicals, ShanDongXinTai Water Treatment Technology Co. Ltd., Nippon Shokubai Co. Ltd., ZaozhuangDongTao Chemical Technology Co. Ltd., ZoupingDongfang Chemical Industry Co., Ltd.,Henan Qingshuiyuan Technology Co., Ltd., Evonik Industries AG, and AkzoNobel.

A Few Focus Points of This Research Are Given Below:

  • Detail Analysis of key business strategies with a focus on corporate structure, R&D strategies, production capabilities, and sales performance of various key players
  • Provide an overview of the product with their development and positioning
  • Analyze the market size and volume and giving current and forecast global carbomer market during the forecast 2019-2026
  • Customize as per requirement

Global Carbomer Market Segmentation:

By Type:

  • Carbomer 940
  • Carbomer 980
  • Carbomer 934
  • Others

Physical Shape:

  • Liquid
  • Solid
  • Others

By Application:

  • Thickeners
  • Dispersing Agents
  • Conditioners
  • Emulsifiers

By End User:

  • Personal care
  • Pharmaceuticals
  • Paints & Coatings
  • Water treatment
  • Construction
  • Others

By Distribution Channel:

  • Large Retailers
  • Online Portals
  • Pharmacies
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
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