Sodium PCA Market REPORT OVERVIEW
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The global sodium PCA market size was 148.2 million in 2022. As per our research, the sodium PCA market is expected to reach USD 313 million by 2031, exhibiting a CAGR of 8.7% during the forecast period.
The COVID-19 pandemic has been unprecedented and staggering, sodium PCA experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
Sodium PCA is a salt of PCA, also known as pyrrolidone carboxylic acid, pyroglutamic acid, and proline. It's a type of amino acid. According to Steinmetz, sodium PCA is an integral part of the skin, accounting for roughly 12% of the skin's naturally moisturizing factor or NMF. To refresh your memory, the NMF is a combination of several components that assist keep the outer layer of the skin supple and undamaged. According to the studies, sodium PCA is frequently synthesized, but it may additionally be derived from soybeans, oil from coconut fruits, and various grasses. It's commonly found in a number of skincare and hair care items.
The chemical is critical to the intracellular matrix of the skin, keeping skin cells from draining water and getting dried out while protecting your vital barrier function. It aids in the reconstruction of the intercellular adhesive that binds the skin cells into a team, which is analogous to the foundation that ties buildings together. The chemical is produced by fragmenting down the protein known as filaggrin within corneocytes, which are cells of dead skin that make up the skin's outermost layer.
The market continues to grow due to fast increase in skin care product, hair care product, and makeup. Additionally, advancements in the chemical and additional variables are contributing to the sodium market growth expansion.
COVID-19 Impact: Virtual Try-On Services to Advance Market Growth
The most major technological breakthroughs have left their imprint on the beauty business in a brief period of time, from virtual try-on to chemical transparency, and major companies underwent technologically advanced changes during the pandemic. COVID-19 pandemic seemed to be on course to speed up this trend, necessitating the incorporation of technology into both retail and product offers. Owing to the above-mentioned fact the sodium PCA market growth was advanced by the pandemic impact.
LATEST TRENDS
"Chemical Involvement in Hair Care Products to Stimulate Market Development "
The chemical may not directly battle hair loss, although it may help reduce hair loss in circumstances where the scalp is unhealthy. People who utilize serums and other scalp and hair care items including sodium PCA may perceive a noticeable decrease in hair loss due to the scalp-conditioning effect of the chemical. This is due to the fact that keeping the area on the head healthy and nourished might assist to minimize hair fall and make it less visible.
Sodium PCA Market Segmentation
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- By Type
Based on type; the market is divided into L-form, DL-form
L-form is the leading part of the type segment.
- By Application
Based on the application; the market is divided into skin care product, hair care product, makeup, others
Skin care products is the leading part of the application segment.
DRIVING FACTORS
"Rising Demand from Cosmetic Industries to Aid Market Expansion "
According to the findings, the chemical strengthens the skin's protective barrier by minimizing moisture loss. It also strengthens the intercellular glue that holds skin cells together. It inhibits the growth of germs and allergens which trigger acne and outbreaks, as well as clogging of pores. Furthermore, protecting the skin's natural barrier immunizes it against pollutants such as pollution and UV rays. The rising demand from the end-use industries that include cosmetic industries will benefit the sodium PCA market during the anticipated timeframe.
"Utilization for the Treatment of Eczema to Foster Industry Progress "
Over the projection period, the heavy utilization of the chemical to treat eczema will uplift the sodium PCA market share. Eczema develops when dry, irritated skin causes excessive itching, irritation, and scaling. According to study, sodium PCA, when combined with other skin protecting components, can help treat conditions such as eczema. The chemical appears to be an effective treatment. One should see effects within two weeks of using it. It may also improve skin texture, alleviate eczema symptoms, and raise skin moisture levels.
RESTRAINING FACTORS
"Cosmetics Containing Nitrosating Chemicals to Limit the Market Evolution "
According to the reports issued, there are currently no known negative effects of the chemical. The only individuals who ought not to utilize it are those who have an identified allergy to it, as well as those who are sensitive to oils made from coconut or soybeans, according to her. Otherwise, the chemical is extremely non-irritating, and there is no evidence of sensitivity even at extremely high doses of 40%-50%.
The chemical, despite being exceedingly gentle on the skin, should not be utilized with cosmetics containing nitrosating chemicals. The chemical tend to break down in an environment of nitrosating substances, light, or heat, and may produce carcinogenic nitrosamines.
Sodium PCA Market Regional Insights
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"Need for Self-Care Goods in Asia Pacific to Support Market Advancement "
The Asia Pacific market is predicted to increase significantly between 2022 and 2029. The growing need for self-care goods to combat stress and anxiety, as well as consumers' greater involvement in habits of self-care as a means of feeling healthier and looking more effectively by using organic and natural components, are the major factors driving the expansion of the market.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.
The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.
List of Market Players Profiled
- Ajinomoto (Japan)
- Solabia (France)
- Rita Corporation (U.S.)
- Shanghai Oli Enterprises (China)
- Huzhou Ouli Biotechnology (China)
- Esperis S.p.a. (Italy)
- Kalichem(Lamberti) (Italy)
- Jarchem Industries (U.S.)
- M.C.Biotec Inc. (China)
REPORT COVERAGE
This research offers a thorough analysis of the global market, covering all relevant areas. This includes everything from a broad market overview to micro-level information about size of the market, degree of competition, evolution trend, opportunities in the market, important market drivers, and SWOT opportunities and threats. The reader can use the study to influence industry competitiveness and competitive environment strategies to increase potential profit. Additionally, it offers a straightforward framework for assessing and gaining access to the situation of the corporate organization.
In a nutshell, this study should be read by all market participants, traders, academics, analysts, business planners, and anyone else with an interest in the market. The market competitive landscape is another area that the report structure focuses on. This report presents in depth information the share of the market, macroeconomic indicators, product scenario, operation circumstances of the major players, which aids readers in the industry in recognizing the key rivals and better understanding the market's competitive landscape.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 148.2 Million in 2022 |
Market Size Value By |
US$ 313 Million by 2031 |
Growth Rate |
CAGR of 8.7% from 2022 to 2031 |
Forecast Period |
2022-2028 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the sodium PCA market expected to touch by 2028?
The global sodium PCA market size is expected to reach USD 313 million by 2031.
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What CAGR is the sodium PCA market expected to exhibit by 2031.
The sodium PCA market is expected to exhibit a CAGR of 8.7% by 2031.
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Which are the driving factors of the sodium PCA market?
The driving factors of the sodium PCA market are rising demand from cosmetic industries and utilization for the treatment of eczema
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Which are the key players or most dominating companies functioning in the sodium PCA market?
Ajinomoto, Solabia, Rita Corporation, Shanghai Oli Enterprises, Huzhou Ouli Biotechnology are the key players or most dominating companies functioning in the sodium PCA market.