Stearamidopropyl Dimethylamine Market Forecast and CAGR
It is a palm oil-derived emulsifier that is mostly used in hair care products but is increasingly being adopted in skincare products as well. Even after combing, this emulsifier has a conditioning action and leaves the hair anti-static. It is mostly used as it adds a lovely viscosity to hair care formulations.
As per the recent market study by Fact.MR, stearamidopropyl dimethylamine sales are poised to grow at 5% CAGR, owing to escalating demand for customized personal care and cosmetics products especially from millennials in developed as well as developing nations.
What is driving the demand for Stearamidopropyl Dimethylamine?
Stearamidopropyl dimethylamine is a cationic surfactant that is used in hair care products as an alternative to silicones. It quickly mixes with negatively charged hair to make a smooth coating, but it is not as occlusive as silicone.
It is a low-hazard component that is "classified as not expected to be potentially dangerous or harmful," according to the Cosmetics Database. There were no studies that showed harmful side effects of using this chemical to date.
Over the last half-decade, the hair care products market has grown at a steady pace, creating billions of dollars in new revenue. Increasing investments in product promotion and development of customized cosmetics products are the primary factors driving the growth, which has a domino effect on the demand for cosmetic ingredients such as stearamidopropyl dimethylamine, being used as a viable alternative to silicones.
Furthermore, as consumer awareness towards organic products grows, key cosmetic manufacturers in the market are evolving their manufacturing capabilities to become inclusive of this fact and diversify their offerings to include products that are made from organic ingredients as well.
Owing to the aforementioned factors, sales are anticipated to remain consistent throughout the forecast period and are poised to experience favourable growth, especially from consumers of custom and DIY hair care product manufacturers.
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How has Covid-19 Impacted the Demand for Stearamidopropyl Dimethylamine?
In the aftermath of the COVID-19 crisis, many retail and salon stores had closed, which has resulted in a decline in sales of numerous beauty and personal care items in the offline market.
Because of the aforementioned reason of salon closures, consumers in the worldwide marketplace have adopted one of the most noticeable trends: do-it-yourself (DIY) beauty care. Additionally, manufacturers have begun offering bulk discounts to attract a newer customer base for their hair care products when the majority of the sales were being generated from online channels.
This in turn opened a newer revenue-generating opportunity for organic constituent manufacturers, whose demand rose as soon as consumers started to shop for cosmetic products online.
What are the key opportunities for Stearamidopropyl Dimethylamine Manufacturers?
More than 90% percent of currently manufactured hair care products contain chemicals. Consumers are rapidly shifting away from such products in favour of organic or herbal alternatives that not only protect their scalp but also maintain hair density over time.
Vital players have widely adopted this changing trend and are spending their surplus cash reserves to expand their product portfolio to include organic offerings and tap into the ever-growing beauty industry. This strategy could be adopted by tier-2 manufacturers of cosmetic products as well.
This in turn has a positive impact on the demand for organic constituents, such as stearamidopropyl dimethylamine by organic cosmetics manufacturers, which are on the rise, during recent years.
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North American Stearamidopropyl Dimethylamine Demand Outlook
North America is the world's largest haircare market, and it's still growing. Haircare product consumption in the region is being boosted by a rise in male grooming, a growing elderly population, and greater fashion consciousness among customers.
Hair loss affects over 80 million men and women on average in the US, and the large variety of products available to cater to this group is projected to contribute to the expansion of hair care products. The population of the United States has been growing, and as a result, more people are opting for better hair care options.
The use of hair care products has been influenced by rising levels of pollution in the atmosphere. Because many toxins in the environment irritate and damage hair and scalp, the need for hair care products has risen dramatically in the region.
Owing to the aforementioned factors, organic hair care products are becoming more popular as people become more aware of their hair's health, which in turn drives the demand for ingredients such as stearamidopropyl dimethylamine being used in the manufacturing of such hair care products.
Who are the key manufacturers of Stearamidopropyl Dimethylamine?
Key manufacturers operating in the market are
- Huzhou Ouli Biotechnology
- Jeen International Colonial Chemical
- Vantage Specialty Ingredients.
Vital players in the market have adopted an organic growth approach in the market and are continuing with existing product portfolios. Key players are focussing on improving their customer base and partnering with organic cosmetic manufacturers to ensure a regular income from cosmetic ingredient sales in developed as well as in developing nations.
An Adaptive Approach to Modern-day Research Needs
Stearamidopropyl Dimethylamine Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
- Conditioning agent
- Emulsifying agent
- Surfactant / Cleansing agent
- Combing cream
- Hair masks
- Hair balm
- Cleansing cream
- Oil & Serums
- Hair Colour
- Skin care products
- Personal care & hygiene
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia & Oceania
- India, Thailand, Malaysia, Indonesia, Australia & New Zealand and Rest of South Asia
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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