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The rising necessity of these products is favoring the progression of Europe antimicrobial additives market, which according to Global Market Insights, Inc. is projected to exceed USD 800 million by 2025.
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Europe Antimicrobial Additives Market: Business overview, Upcoming Trends and Forecast 2025 Fuel Cell Market size worth $25.5bn by 2024
KeyInsights from Europe Antimicrobial Additives Market: • Growing awareness regarding personal care among people has significantly impelled the demand for cosmetic products, which in turn has instigated the emergence of new and more effective formulations and ingredients. Active ingredients and preservatives are known to be the integral part of personal care products to provide high functionality and restrict the fungal growth. The rising necessity of these products is favoring the progression of Europe antimicrobial additives market, which according to Global Market Insights, Inc. is projected to exceed USD 800 million by 2025. • As people are becoming more informed about the detrimental impacts of fungus and bacteria in the cosmetics, which can cause skin related allergies, demand for antimicrobial preservatives and ingredients has increased to a large extent. These factors will positively influence the industry expansion over the coming years.
Continued... • European cosmetics industry is known to be highly engaged in the research and development of innovative offerings. Reportedly, there are nearly 77 cosmetics innovation facilities in the region with around 28,800 scientists. This has fueled the production of innovative antimicrobial ingredients for personal care applications that are VOC free and sustainable. • Various regional companies are also involved in the development of effective antimicrobial additives. For instance, in 2020, Switzerland based Clariant introduced Velsan® Flex, its next generation preservation booster. According to the company, this 93% Renewable Carbon Index offering is a highly effective and versatile preservative that enables the reduction of typical preservative by around 50% while providing increased antimicrobial protection for cosmetic products.
Browse key industry insights spread across 270 pages with 267 market data tables & figures from the report, “Europe antimicrobial additives market size for personal care application” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/europe-antimicrobial-additives-market-for-personal-care-aplication Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4775
Continued... • Europe antimicrobial additives market growth from personal care products is as a preservative which helps in protecting the beauty care products from micro-organisms during the product formulation, transportation, storage and usage. In addition, need to protect the goods from contamination also supports the product adoption as it displays the ability to prevent the degradation caused by the exposure to oxygen. The high product usability will propel the growth of preservatives segment. Reportedly, the segment is projected to record a robust CAGR of about 4.5% through 2025. • The product finds important application in skin care, hair care, perfumes, fragrances, toiletries, baby products, etc. However, it finds extensive usage in toiletries segment which is largely driven by the high consumer preference for high-quality and safer ingredients. With the high application of antimicrobial additives in these products, toiletries segment is expected to record a notable CAGR of over 4% through 2025.
Continued... • With regards to the regional outlook, the antimicrobial additives market is observing robust expansion in France as the country is a prominent hub of cosmetics and personal care products and is a known for higher exports of beauty goods. This plays a significant role in driving the product adoption as it serves as an effective preservative ingredient for the export goods. Besides, growing domestic demand for cosmetics stimulated by the marketing and branding activities initiated by global companies in the country is further impelling the application of high-quality preservatives and ingredients. On this note, France antimicrobial additives market is anticipated to observe a lucrative CAGR of over 3% through 2025 from for personal care applications.
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