PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1437529
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1437529
Oral Care Chemicals Market size was valued at USD 35,213 Million in 2023, expanding at a CAGR of 3.5% from 2024 to 2032.
Oral care chemicals refer to a variety of substances and compounds used in the formulation of oral care products, such as toothpaste, mouthwash, and dental treatments. These chemicals play crucial roles in maintaining oral hygiene, preventing dental issues, and promoting overall oral health.
Oral Care Chemicals Market- Market Dynamics
High demand for teeth-whitening and mouthwash products drives market growth
Healthcare practitioners are able to create more oral hygiene products, such mouthwashes and teeth whitening treatments, as knowledge of oral health increases. Whitening teeth with toothpaste is one of the most often used teeth-whitening procedures. Manufacturers create toothpastes with teeth-whitening qualities that set them apart from standard toothpastes. Teeth whitening products are available from Pand G, Colgate-Palmolive, Unilever, and other companies in a range of forms, including as toothpaste, gels, polishes, and strips. Mouthwashes are also growing in popularity because, in addition to acting as dishwashing detergents, they guard against dangerous bacteria and germs that may still be present after brushing and flossing. People are starting to realize how important it is to get rid of bad breath. This makes it simple for them to include mouthwash in their daily oral care regimen. Globally expanding living standards and growing health and hygiene concerns are some of the major causes driving up the use of mouthwashes. Over the forecast period, these factors are expected to propel the market.
Oral Care Chemicals Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 3.5% over the forecast period (2024-2032)
Based on chemical segmentation, the Whitening Agents segment is expected to grow at the highest CAGR during the forecast period
Based on application segmentation, the toothpaste segment is expected to hold the largest market share during the forecast period
Based on region, Europe held the largest market share in 2023
The Global Oral Care Chemicals Market is segmented based on Chemical, Application and Region.
The market is divided into four categories based on chemical: Abrasives, Surfactants, Flavoring Agents, Binders, Humectants, Preservatives, Whitening Agents and Others. The Whitening Agents segment is expected to grow at the highest CAGR during the forecast period. Whitening agents are chemicals or compounds that are incorporated into oral care products to help lighten the color of teeth and reduce stains. Tooth discoloration can occur due to various factors, including consumption of coffee, tea, red wine, tobacco, and aging. Thus, this is expected to drive the segment growth.
The market is divided into five categories based on application: Mouthwash, Toothpaste, Dental Floss, Denture Care Products, Breath Fresheners and Others. The toothpaste segment is expected to hold the largest market share during the forecast period. Toothpaste designed to address tooth sensitivity issues has gained traction. Formulations containing desensitizing agents cater to consumers with sensitivity concerns. Thereby, driving the segment growth.
Oral Care Chemicals Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. Europe is expected to hold the largest market share during the forecast period. The market in the area is being driven by rising dental facilities and oral care professionals, rising oral care procedures, and rising use of innovative oral care products. Throughout the forecast period, the incidence of dental diseases is anticipated to drive market expansion in this area, as it is directly correlated with the aging population. The World Bank Group reports that about 21% more people in the EU were 65 years of age or older in 2021 than they were in 2011. Austria, Poland, and Spain are just a few of the nations in the area that pay for dental care in full. This will raise demand for dental surgery and diagnostic equipment while also facilitating better access to high-quality dental care.
The key players operating in the market are Unilever plc, Koninklijke Philips N.V., The Procter & Gamble Company, 3M Company, Johnson & Johnson, Lion Corporation, GC Corporation, GlaxoSmithKline plc, Dr. FreshLLC and Colgate-Palmolive Company. These players adopted various types of strategies to remain competitive in the market such as product launches, acquisitions, expansion, approvals, agreements and others.
In April 2023, Shofu Dental Brasil Comercio de Produtos Odontologicos Ltda., a sales subsidiary of SHOFU, launched Brazilian sales of SUN MEDICAL's Super-BondTM dental glue. This announcement was made by SHOFU INC., SUN MEDICAL CO., LTD., and Mitsui Chemicals, Inc.
GLOBAL ORAL CARE CHEMICALS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Unilever plc
Koninklijke Philips N.V.
The Procter & Gamble Company
3M Company
Johnson & Johnson
Lion Corporation
GC Corporation
GlaxoSmithKline plc
Dr. FreshLLC
Colgate-Palmolive Company