Market Research Report
Global All Natural Film Formers Market Research Report 2022
|Global All Natural Film Formers Market Research Report 2022|
Published: May 13, 2022
Content info: 92 Pages
Delivery time: 2-3 business days
Due to the COVID-19 pandemic, the global All Natural Film Formers market size is estimated to be worth US$ 16.59 million in 2022 and is forecast to a readjusted size of US$ 36.91 million by 2028 with a CAGR of 14.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Oil-Based Film Former accounting for 79.85% of the All Natural Film Formers global market in 2021, is projected to value US$ 30.18 million by 2028, growing at a revised 14.6% CAGR from 2022 to 2028. While Sun Care segment is altered to an 14.8% CAGR throughout this forecast period.
North America All Natural Film Formers market size was US$ 2.7 million in 2021, while Europe was US$ 2.45 million. The proportion of the North America was 19.31% in 2021, while Europe's percentage was 17.47%, and it is predicted that Europe market share will reach 18.11% in 2028, trailing a CAGR of 15 % through the analysis period. As for the Asia, the notable markets are China and Japan, CAGR is 18.6 % and 18.2 % respectively for the next 6-year period.
The global major manufacturers of All Natural Film Formers include INOLEX, Roquette, Nouryon, Surfatech, TC USA Inc., and etc. In terms of revenue, the global three largest players hold a 69% market share of All Natural Film Formers in 2021.
For all-natural film formers, the main manufacturers are located in the United States and Europe. The raw materials used by different companies are also different. For example, INOLEX's LexFilm™ Sun Natural MB and Vellaplex™ MB products use coconut, palm, and castor; while Nouryon's SolAmaze and AMAZE SP products use palm kernel or coconut. Compared with other manufacturers, Nouryon entered the all-plant-based film-forming agent market relatively late, but its market share was not small in 21 years. The raw materials used in Surfatech Corp's CosmoSurf series are dimer acid and citric acid; TC USA's ESSACHEM™ BW products use olive oil; Roquette's Roquette® ST 720 products use pea starch. In the future, with the enhancement of the consumption concept of non-hazardous cosmetics by market consumers, all-plant-based film-forming agents will become an essential raw material for cosmetics, and will also drive the demand for all-natural plant-based film-forming agents.
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.