Piroctone Olamine Market Analysis and New Opportunities Explored By 2032

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The global piroctone olamine market is estimated to reach US$ 73 Mn in 2022. With sales growing at a 6.5% CAGR over the forecast period, with the market size projected to reach US$ 137.1 Mn by 2032.

According to a study, almost 50% of the adult population across the globe are suffering from dandruff problems. Piroctone Olamine is a powerful ingredient that fights dandruff at its source. It is frequently used in the treatment of fungal diseases and has a unique molecular composition that makes it easy to dissolve in shampoo formulations.

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 to use piroctone olamine in their products and shift towards cheaper alternatives, which is expected to hinder sales in the market.

Competitive Landscape

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., and various others are some of the key manufacturers operating in the global piroctone olamine market.

MARKET SEGMENTATION

By Purity:

  • ≥ 99%
  • < 99%

By Application:

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

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, its growth, and scope, the market is segmented based on purity, application, and region.

Get More Information @ https://www.futuremarketinsights.com/reports/piroctone-olamine-market