Benzophenone-3 Market
Benzophenone-3 Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Benzophenone-3 Market Size and Growth
The Benzophenone-3 market is experiencing steady growth, driven by increasing demand in cosmetics and personal care products. The global market size was valued at approximately $350 million in 2023, with projections showing potential expansion due to heightened awareness of UV protection and regulatory focus on safe ingredients. Emerging markets present significant opportunities.
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Symrise
◍ Hangzhou Lingeba Technology
◍ Artec Chemical
◍ MFCI
◍ TRI-K Industries
◍ Shandong Ailitong New Materials
◍ Jeen International
◍ Georges Walther
◍ Merck KGaA, Darmstadt Germany
◍ Ashland Specialty Chemical
◍ Essential Ingredients
◍ Lansdowne Chemicals
◍ Aako
◍ Fenchem
◍ KCC Beauty (KCC Basildon)
◍ Clariant
◍ Coskin Specialities
The Benzophenone-3 market features key players like BASF, Symrise, and Merck KGaA, each leveraging their expertise in UV filters to enhance sunscreen formulations. These companies drive market growth through innovation, extensive distribution networks, and collaborations, improving product performance and expanding applications across personal care and cosmetics sectors.
Sales Revenue Highlights:
- BASF: ~$75 billion
- Merck KGaA: ~$20 billion
- Ashland Specialty Chemical: ~$3.5 billion
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Market Segmentation
By Application
By Product
◍ 95% (Purity)
97% (Purity)
99% (Purity) ◍ Sunscreens ◍ Furniture Finishes ◍ Others
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Market Growth
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$ X Billion USD
