Due to the rapid expansion of the market for cosmetic and personal care products, the pH adjuster market is anticipated to grow at a CAGR of 6.5% over the course of the forecast period, from US$ 1 Billion in 2022 to US$ 1.88 Billion in 2032.
pH adjuster is a special ingredient used to adjust the pH (acidity or alkalinity) of a solution or a end-use product. pH adjuster is a chemical which maintains the stability as well as the effectiveness of the end-use product. The ingredients used to formulate the finished products sometimes it end up too acidic or alkaline, some of these solutions are applied to the skin or scalp which may result into injuries, hence the pH adjuster is used to maintain the pH level of cosmetic products to either raise or lower the pH to bring it to a more desired solution.
Chemicals included under the pH adjuster group are – formic acid, magnesium hydroxide, citric acid, and among others. These chemicals are used as a neutralizing agent for various end-use industries such as, leather industry. In addition, pH adjuster is extensively used as a stabilizers in the cosmetics and personal care industry.
Citric Acid is act as key chemical in the group of pH adjuster chemicals, which has wide range of application such as lotions, shampoos, mascara, and lipsticks, among others. Also, chemicals of pH adjuster like potassium hydroxide and sodium hydroxide are utilized as staple ingredients in production of soap. pH adjuster is used in animal feed which helps manufacturers balance acidification and palatability in the animal food products. pH adjuster is used in multiple pharmaceutical manufacturing process, it is very important to use reagent of the appropriate quality grade.
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pH Adjuster Market: Dynamics
pH Adjuster Market: Driver
pH adjuster are widely used in the cosmetic & personal care industry for multiple applications in maintaining the safe pH level in products such as lotions, shampoos and skin & hair care products. The rapid growth in cosmetic & personal care products market is expected to drive the pH adjuster market in the coming years. Change in lifestyle and increasing disposable income has led to increase in the consumption of beauty products which is expected to drive the demand for pH adjuster market over the forecast period.
Furthermore, pH adjuster are used in pharmaceutical manufacturing processes, the growing aging population in the recent years are heavily dependent on medicines and healthcare which is expected to drive the pharmaceutical market in the coming years which in turn is projected to propel the pH adjuster market.
pH Adjuster Market: Restraints
Few of the pH adjuster such as potassium hydroxide and sodium hydroxide are considered a dangerous entity and qualify as extremely corrosive which entitles manufacturers to invest in handling of products. Additional investments for safety are to be considered for the manufacturers so as to elude any sort of mishaps. Manufacturers have to follow-through stringent laws and regulation set up by the government authorities such as FDA.
Current Good Manufacturing Practices (CGMPs) regulations enforced by the FDA are to be followed by the manufacturers to use few pH adjuster in the manufacturing process.
pH Adjuster Market: Trends
Unique technology of pH-adjusting for pet food or animal feed manufacturers is gaining traction and is expected to be a growing sign for the pH adjuster market in the coming years.
pH Adjuster Market: Regional Outlook
North America and Europe are expected to be the prominent regions in the global pH adjuster market. High disposable incomes in countries such as U.S., Germany, China, India, South Korea, Japan and U.K among others are expected to drive the market of cosmetics & personal care products in terms of consumptions which in turn to drive the market of pH adjuster.
United Kingdom is a major exporter of pharmaceutical products and sales of pharma products are up to 5.7% annually. Owing to the growing production of pharmaceuticals in UK, is expected to hold significant position in global pH adjuster market in near future.
pH Adjuster Market: Key participants
pH Adjuster market participants are: Air Products and Chemicals, AkzoNobel, Ashland Global Specialty Chemicals Inc., BASF SE, Bulab Holdings, Inc., Cortec Corporation, The Dow Chemical Corporation, Nalco, GE Water, Kemira, and Lonza Group
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pH Adjuster Market: Segmentation
Global Market of pH Adjuster can be segmented by: Type
- Adjuvants
- Soil Treatment
- Aglime
- Gypsum
Global Market of pH Adjuster can be segmented by: Application
- Stabilizer
- Fungicides, Pesticides, and Herbicides
- Neutralizing Agent
- Others
Global Market of pH Adjuster can be segmented by: End Use
- Textile & Leather
- Agrochemical
- Pharmaceutical
- Cosmetics & Personal Care
- Others (Surfactants)
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