The scope the of “Global Piroctone Olamine Market Forecast t2027 – COVID-19 Impact and Analysis by (Purity More Than 99% and Purity More Than 98%) and Application (Shampoand Hair Care Products, Cosmetics, and Washing Products)” the market study involves understanding the factors supporting the growth of the piroctone olamine market, estimating and forecasting the revenues, and performing market share analysis, and spotting significant market players and their key developments.
The global piroctone olamine market was valued at US$ 66,704.53 thousand in 2019 and is projected treach US$ 92,013.30 thousand by 2027; it is expected tgrow at a CAGR of 4.2% during 2020–2027. Piroctone olamine, an ethanolamine salt of hydroxamic acid derivative named piroctone, is an antifungal agent. It is frequently used in anti-dandruff shampoos as a replacement for the compound zinc pyrithione. Piroctone olamine, when used in combination with other substances in shampoos, effectively reduced the dandruff levels and simultaneously provided hair conditioning. The fungus Malassezia globosa is responsible for causing dandruff and seborrheic dermatitis. The presence of this fungus results in scalp irritation and scalp starts shedding tiny flakes. In severe cases, inflammation, redness, and extremely itchy patches can occur. The anti-fungal properties of piroctone olamine aid in controlling the spread of Malassezia globosa. In addition tthis, piroctone olamine alshelps make hair smooth and silky, prevents hair fall, and boosts the hair growth.Piroctone olamine is utilized for the treatment of fungal infections. It is the ethanolamine salt of the hydroxamic acid derivative piroctone. It is frequently exploited in anti-dandruff shampoas a replacement for the compound zinc pyrithione. In shampoproduction, piroctone olamine when used in combination with other substances effectively reduced the amount of dandruff and simultaneously provided hair conditioning advantages. Piroctone olamine can be designed tprovide extra benefits like smoothness and softness as the product has unique chemical structure that easily dissolve in shampoformula. Moreover, the product is highly embraced by shampomanufacturers due tits anti-fungal properties which subsequently helps teradicate dandruff. Malasseziaglobosa is the fungus which is responsible for causing dandruff and seborrheic dermatitis. The presence of this fungus results in scalp irritation and scalp starts shedding tiny flakes. In severe cases, inflammation, redness, and extremely itchy patches can occur. The anti-fungal properties of piroctone olamine aids in controlling the spread of malasseziaglobosa. In addition tthis, piroctone olamine alshelps in preventing hair loss and boosts the hair growth and this further augments the growth of the market.
Based on application, the piroctone olamine market is segmented intshampoand hair care products, cosmetics, and washing products. The shampoand hair care products segment led the piroctone olamine market with the highest largestmarket share in 2019.The anti-fungal properties in piroctone olamine help control the root cause of dandruff, a commonly occurring fungus called Malasseziaglobosa. Piroctone olamine penetrates the cell membrane of the fungi Malassezia globosa tinterfere with their energy metabolism and oxygen uptake. This kills the fungi and clears up the infection, thereby lowering the dandruff, which otherwise . Dandruff causes hair loss and thinning hair. Hence, tattract customers, shampoand hair care products, manufacturers utilize piroctone olamine in their products. Piroctone olamine promotes hair growth in many ways. It decreases hair fall and enhances the hair diameter. It The compound is often compared tKketoconazole, which is a widely used ingredient for in anti-dandruff products. However, piroctone olamine offers better results for dandruff and fungal infections. Aaccording ta study thatwhen compared ketoconazole is compared withand piroctone olamine, the latter assures an increase in the number of hairs count in the growth phase by more than 10% in –33% of peoplemore hair growth. Furthermore, with evolving customer requirements for personal care shampoproducts, manufacturers are continuously investing in innovation and are using beneficial products ingredients such as piroctone olamine tattain a competitive edge. The beauty and personal care industry is witnessing tremendous growth in various regions, attributable tan increasing number of beauty-conscious consumers. The hair care regime is a vital aspect of their everyday lives of various populationsfe. For instance, tFor instance, the Chinese population considers shampoos as anas one of the important hair care products, which is majorly intended tkeep the moisture balance of the hair.
COVID-19 outbreak first began in Wuhan, China, in December 2019, and since then, it has spread at a fast pace across the world. As of November 2020, the US, India, Brazil, Russia, Argentina, Spain, Colombia, France, Peru, Mexico, the UK, and South Africa are among the worst affected countries in terms of confirmed cases and reported deaths. According tthe latest WHfigures, there are ~61,869,330 confirmed cases in the world, with ~1,448,896 total deaths. COVID-19 has been affecting economies and industries in various countries due tlockdowns, travel bans, and business shutdowns. Chemicals & material is one the world’s major industries suffering serious disruptions due tsupply chain breaks, technology events cancellations, and office shutdowns. China is the global hub of manufacturing and largest raw material supplier for various industries. The lockdown of various plants and factories in China, tcontain the spread of the infection, is affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and sales. In addition tthis, the global travel bans imposed by countries in Europe, Asia, and North America are affecting the business collaborations and partnerships opportunities. All these factors are restraining the growth of various markets related tthe chemicals & materials industry, including the piroctone olamine marketCoronavirus outbreak first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. As of October 2020, the U.S, India, Brazil, Russia, Argentina, Spain, Colombia, France, Peru, Mexico, the U.K, and South Africa are some of the worst affected countries in terms of confirmed cases and reported deaths. According tthe latest WHfigures, there are ~ 40,665,438 confirmed cases and ~ 1,121,843 total deaths globally.The COVID-19 has been affecting economies and industries in various countries due tlockdowns, travel bans, and business shutdowns. Chemical and material is one the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. For instance, China is the global hub of manufacturing and largest raw material supplier for various industries and it is alsone of the worst affected countries. The lockdown of various plants and factories in China is affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and sales of various materials. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition tthis, the global travel bans imposed by countries in Europe, Asia, and North America are affecting the business collaborations and partnerships opportunities. All these factors are anticipated taffect the industries in a negative manner and thus act as restraining factor for the growth of various markets related tthis industry in the coming month.
Based on geography, the global piroctone olamine market is broadly segmented intNorth America, Europe, Asia Pacific, Middle East and Africa, and South America. Asia Pacific accounted for the largest share of the market in 2019, followed by North America.
The Report Segments the Global Piroctone Olamine Market as Follows:
By Type
- Purity: more than 99%
- Purity: more than 98%
By Application
- Shampoand Hair Care Products
- Cosmetics
- Washing Products
By Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K
- Russia
- Rest of Europe
- Asia Pacific
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
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