Piroctone Olamine Market Size to Reach USD 137.1 Million by 2032 Driven by Growing Demand in Hair Care and Skincare Products

Piroctone Olamine

According to Future Market Insights, almost 50% of the adult population across the globe is suffering from dandruff problems. The global piroctone olamine market demand is estimated to reach USD 73 Million in 2022. With sales growing at a 6.5% CAGR over the forecast period, the market size is projected to reach USD 137.1 Million by 2032.

Despite the wide applications of piroctone olamine in hair care products, however, the ingredient is very expensive and there are many cheaper alternatives available in the market. High product cost hinders small and medium-sized cosmetic manufacturers from using piroctone olamine in their products and shifting towards cheaper alternatives, which is expected to hinder sales in the market.

“Rising demand for anti-dandruff solutions such as shampoos, oils, creams, along with increasing incorporation of piroctone olamine in anti-acne products will augment the growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Based on purity, sales in the >99% segment are projected to increase at a considerable pace over the forecast period.
  • In terms of applications, demand in the cosmetic sector will grow at a 5.9% CAGR through 2032.
  • Rising demand for piroctone olamine in hair care products, anti-acne products, washing products, deodorants, and soap is expected to propel the growth of the market.
  • China will dominate the East Asia piroctone olamine market over the assessment period, owing to expansion in the cosmetics sector.
  • The U.S. is expected to emerge as a lucrative pocket, as demand for skincare products continues to grow.

Browse the Complete Report!

Competitive Landscape

Some of the key manufacturers operating in the global piroctone olamine market

  • Clariant AG
  • Lonza Group
  • Wuxi Zhufeng Fine Chemical Co., Ltd.
  • Kumar organic product limited,
  • Somu Group
  • Zhonglan Industry Co. Ltd.
  • YanTai Aurora Chemical Co. Ltd.
  • Spec Chem Industry Inc.
  • Shandong Chuangying Chemical Co. Ltd.

More Insights into the Piroctone Olamine Market Report

In its latest report, FMI offers an unbiased analysis of the Asia Pacific Piroctone Olamine Market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032. To understand the Asia Pacific market potential, growth, and scope, the market is segmented based on purity, application, and region.

Market Segmentation

By Purity:

  • ≥ 99%
  • < 99%

By Application:

  • Hair Care
  • Cosmetics
  • Deodorants
  • Washing Products
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these