The Microencapsulated Ingredients Market in North America & Europe is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
Microencapsulated Ingredients Market in North America & Europe is driven by rising disposable income in emerging economies and increase in demand for natural ingredients. Based on ingredient, the UV filters segment held the largest market share. Based on application, the whitening and lightening cream segment would register the fastest growth rate. Moreover, the region across Europe dominated the market in 2018.
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The North America & Europe microencapsulated ingredients market is expected to generate $349.2 million by 2026. The report provides a comprehensive analysis of changing market trends, key market players, major segments, market size & estimations, and competitive scenario.
On the basis of application, Anti-wrinkle & anti-aging creams segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 6.0%. This is owing to the rise in awareness among people for aging process, and appearance. The rise in demand for anti-wrinkling & anti-aging creams from the countries such as Italy, Germany, UK, Canada, Belgium, and The Netherlands drives the microencapsulated ingredients market in North America & Europe growth during the forecast period.
- Color Cosmetics
- Sunscreen Lotions (UV Protection)
- Whitening & Lightening Creams
- Anti-Wrinkle & Antiaging Creams
Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research. Leading market players analyzed in the report include Celanese Corporation. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the microencapsulated ingredients market in North America & Europe.
On the basis of region, the market is analyzed across two major regions such as North America and Europe. Europe has the dominant market share in 2018 and is anticipated to maintain its dominance during the forecast period. This is attributed to numerous factors such as a huge consumer base and the presence of key players in the region. North America is anticipated to grow at a noteworthy rate. This is owing to rise in number of end users in the countries such as the U.S., Canada, and Mexico.
Leading market players analyzed in the research are BASF SE, Croda International PLC, Clariant AG, Kobo Products, Inc., Koninklijke DSM NV, Korea Particle Technology Co. Ltd., Givaudan SA, International Flavors & Fragrances, Inc., Lubrizol Corporation, Merck KGaA, Symrise AG, Sumitomo Corporation, Lonza Group Ltd., Lycored, Salvona LLC, Euracli, Koehler, Air Liquide SA, Ashland Inc., Sensient Technologies Corporation, Nouryon, Reed Pacific Specialty Corporation, Chongqing Pellets Techniques & Trade Co. Ltd., Nanovetores, Biogenica, Gelyma, and Infinitec.
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Analysis of COVID-19 impact
The outbreak of the pandemic has had a massive impact on the majority of industries and the butane market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the microencapsulated ingredients market in North America & Europe in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.
Key offerings of the report:
- Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
- Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
- Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
- Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
- Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.
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