Aerogels For Personal Care Market Report
The global Aerogels for Personal Care Market is segmented By Type (Inorganic Aerogels, Organic Aerogels, Hybrid Aerogels, Composite Aerogels, Others), Application (Beauty Care, Skin Care, Others) and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Aerogels for Personal Care market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The global Aerogels for Personal Care Market is segmented By Type (Inorganic Aerogels, Organic Aerogels, Hybrid Aerogels, Composite Aerogels, Others), Application (Beauty Care, Skin Care, Others) and Region. This...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Global Aerogels for Personal Care Market is expected to grow from USD 11.1 million in 2020 to USD 43.1 million by 2026 at a CAGR of over 25.8% during the forecast period.
Figure: Global Aerogels for Personal Care Market Size, 2020-2026 (USD Million)
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Aerogel is defined as a class of open-cell foam that is obtained from the drying of highly cross-linked organic or inorganic gels. It is a porous material derived from a gel wherein the liquid component of the gel is replaced with a gas. Aerogel can be obtained using various substances including silica; synthetic polymers such as phenolics, polyamides & polyurethane; biopolymers, metals, and metal oxides among others.
Key players operating in the global Aerogels for Personal Care Market are-
Growing demand for high quality & premium skin and hair care products is likely to create lucrative opportunities for the players in the global aerogels for personal care market.
Based on application, the market has been segmented into beauty care, skin care and others.
Geographically, the market in Asia-pacific accounted for the largest market share in 2020 owing to increased spending on personal grooming particularly by the millennials coupled with rising per capita disposable income.
The spread of coronavirus led to the enforcement of lockdown to curb the spread of the virus. This led to travel restrictions and supply chain disruptions, which in turn affected the manufacturing and availability of the product in the market. Additionally, the slowdown of the economies across geographies also affected the product demand.
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Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert-
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The aerogels for personal care market is expected to witness an impressive CAGR of 25.8% in the foreseeable future.
AeroClay LLC (The U.S.), Airglas Inc (The U.S.), Aerogel Technologies, LLC (The U.S.), Aspen Aerogels (The U.S.), Cabot Corporation (The U.S.), CF Technologies (The U.S.), Dow Silicones Corporation (The U.S.), NanoPore, Incorporated (The U.S.), Green Earth Aerogel Technologies (Spain), Enersens (France), Nano Technology Co. Ltd. (China), and SVENSKA AEROGEL AB (Sweden) are the key players in the aerogels for personal care market.
The aerogels for personal care market size is expected to reach USD 43.1 million in the coming years.
Asia-pacific accounted for the largest market share in 2020 owing to increased spending on personal grooming particularly by the millennials coupled with rising per capita disposable income.
Aerogels for personal care manufacturers, Aerogels for personal care suppliers, Aerogels for personal care distributors, Organizations, Government bodies are the target audience in the aerogels for personal care market.
The growth of the global aerogels for personal care market is primarily driven by increasing usage of aerogel in cosmetic and personal care products such as antiperspirants, hair & body care products, cosmetics, fragrances, and dental products.
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