The global UV filter market is anticipated to grow at a significant CAGR of around 6.2% during the forecast period. Major factors augmenting the market include rising concern for skin cancer and skin-related diseases across the globe. The UV filter protects against tanning, sunburn, and other skin diseases. It absorbs or reflects the UV light and protects the skin from the harmful effect of UV rays. Awareness of skin disease and the availability of precautionary products are driving the demand for sunscreen. According to the information by the American Academy of Dermatology AssociationIt is estimated that approximately 9,500 people in the U.S. are diagnosed with skin cancer every day. Invasive melanoma is projected to be the fifth most commonly diagnosed cancer for both men (57,180 cases) and women (42,600 cases) in 2022.
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Stringent government regulations are one of the restraining factors in the UV filter market, especially in the US. Many UV Filter chemicals are not approved by the FDA in the US. Sunscreen may cause destruction to the coral reefs hence, the government in the US is planning to ban some sunscreens that contain certain harmful ingredients.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global UV Filter Market by Fillter Type
- Organic (Chemical)
- Inorganic (Physical)
Global UV Filter Market by Applicatiion
- Care
- Hair Care
- Other (Eye Care)
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Advance ZincTek Ltd.
- Aston Chemicals
- Beiersdorf AG
- DSM
- Hallstar Innovations Corp.
- INEOS AG
- Johnson & Johnson Services, Inc.
- Kobo Dynamic
- Procter & Gamble
- Salicylates And Chemicals Pvt. Ltd
- SUNJIN BEAUTY SCIENCE
- Symrise AG
- TAGRA Biotechnologies
- Tata UniStore Ltd.
- TRI-K Industries, Inc.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global UV filter market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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