UV Filter Market is Expected to Achieve US$ 31.23 Billion at CAGR of 5.7% by 2033

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Globally, the UV filter market is expected to grow at a constant Compound Annual Growth Rate (CAGR) of 5.7% between 2023 and 2033. According to this prognosis, the global UV filter market is likely to increase significantly, with sales predicted to reach $31.23 billion by the end of 2033 from $17.86 billion in 2023.

UV filters, sometimes referred to as ultraviolet filters, are specialist compounds that are added to sunscreens to provide protection from the sun’s damaging UV rays. UV filters are used in many items, such as plastics and furniture finishes, in addition to sunscreens. They protect these materials against deterioration caused by UV radiation.

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An unparalleled spike in demand has swept through the global UV filter market, propelling the sector into a period of explosive expansion. A number of causes have contributed to this increase, including increased knowledge of the damaging effects of UV radiation on skin and technological developments that have sparked the creation of creative UV filter solutions.

The growing awareness among consumers about the harmful effects of prolonged sun exposure is one of the main drivers of this amazing increase. People all throughout the world are looking for practical ways to shield their skin from the destructive effects of UV rays as the importance of skincare and overall health grows. UV filters have become an essential part of this search for sun protection and are frequently seen in sunscreens and other cosmetic products.

People are spending more time outside and exposing themselves to higher levels of UV radiation as a result of changing lifestyles. UV filters are becoming more and more in demand for a variety of items, such as moisturizers, sunscreens, and cosmetics. In response to this demand, producers are creating sophisticated formulas that provide broad-spectrum UV protection as well as address particular requirements including skin friendliness, water resistance, and anti-aging qualities.

Competitive Environment

To increase their sales potential and obtain a competitive advantage over rival brands in the UV filter industry, UV filter companies are deliberately focusing on the development and marketing of cutting-edge filters.

Royal DSM, a well-known global company based in the Netherlands, introduced a new UVA filter in March 2023 that provides both UVA protection and strong SPF coverage. This discovery, called Parsol DHHB (Diethylamino hydroxybenzoyl hexyl benzoate), allows businesses to create multipurpose goods with strong UV protection.

The well-known supplier of active chemicals and raw materials, Symrise, unveiled Neo Heliopan EHT (Ethylhexyl Triazone), a new UVB filter, in October 2022. This filter satisfies the increasing need among consumers for cutting-edge, effective sun care products, especially those that need to be highly SPF and water-resistant.

Expanding their production capacities is another important priority for UV filter manufacturers in response to the growing demand for UV filters worldwide.

The new UV filter plant in Jinshan, China was officially opened by the well-known chemical and material supplier BASF in September 2023, signaling the start of production. This calculated step demonstrates the company’s commitment to satisfying the growing demands of the UV filter industry by strengthening the supply chain for chemicals used in personal care products in the Asian area.

Important Market Segments Included in UV Filter Research

  • By Type :
    • Organic
      • PABA
      • Salicylates
      • Cinnamates
      • Benzophenones
      • Triazine & Triazole Derivatives
      • Dibenzoyl Derivatives
      • Benzimidazole Sulfonic Acid Derivatives
      • Camphor Derivatives
      • Anthranilates
      • Polysilicone-15
    • Inorganic
      • Titanium Dioxide
      • Zinc Oxide
  • By SPF :
    • SPF 6 to 14
    • SPF 15 to 30
    • SPF 31 to 50
    • SPF 50+
  • By Formulation :
    • Creams
    • Gels
    • Lotions
    • Powder
    • Wipes
    • Sprays
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

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The recent spike in UV filter demand is indicative of a fundamental change in consumer behavior where wellness and health are given priority. In addition to demonstrating a greater understanding of the detrimental effects of UV radiation, the global market’s explosive expansion also highlights the industry’s capacity for innovation and meeting changing customer demands. Future developments are likely to occur as the industry grows, keeping UV filters at the forefront of the search for efficient sun protection.

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