The global Mexoryl SX market size was US$ 49.5 million in 2021. The global Mexoryl SX market size is estimated to reach US$ 78.7 million by 2030, growing at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2022 to 2030.
Mexoryl SX is the marketing name for ecamsule or terephthalidene camphor sulfonic acid. It is an organic sun filter which is developed and patented by L’Oral in 1982. It particularly shields against UVA rays, which are the primary reason for premature skin cancer and skin aging. Furthermore, it is used as a photostable drug that resists UV-induced pyrimidine dimer formation and delays the beginning of skin cancer.
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Factors Affecting Market Growth
The personal care, and cosmetics industry are among the fastest-growing consumer products sectors due to the increasing awareness of personal care, which can drive the global market.
The increase in problems regarding skin against harmful rays of the sun and improved attention concerning skin cancer has directed consumers to become more linear toward using Mexoryl SX-based sunscreens, which drives the growth of the global market.
Lack of understanding among consumers about the advantages of Mexoryl SX may hinder the growth of the global market.
Growing R&D activities for producing a wide range of sunscreens formulation where Mexoryl SX is widely used for photo-protection purposes in all skin types is expected to drive the growth of the global market.
Impact Analysis of COVID-19
The COVID-19 outbreak had a moderate impact on the global market due to the disturbances in the supply chain for different medical products and personal hygiene. Moreover, to control the novel coronavirus cases, there has been a huge shift in investment from other sectors toward healthcare. In addition, many capsule manufacturing companies have either closed or scaled down their operations due to the risk of infection among the workforce. This has temporarily disrupted the need and supply chain for air-lead products amid the COVID-19 period. However, rising attention related to personal care activities has increased the need for anti-aging creams, Mexoryl SX-based sunscreens, and other cosmetic products during COVID-19, which in turn drives the global market.
Regional Analysis
Europe dominated the global market and is projected to grow at the highest CAGR during the forecast period due to the rising ratio of elder people in the region, which, in turn, has increased the need for anti-aging creams as Mexoryl SX works as an active ingredient in simulating different anti-aging formulations. Thus, drives the growth of the global market in the region.
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Leading Competitors
The prominent players in the global Mexoryl SX market are:
Parchem Fine and Specialty Chemicals
Merck KGaA
MFCI CO., LTD
Derma Companies
Norna Technology Co.
NATIONAL ANALYTICAL CORPORATION
Biosynth Carbosynth
ChemScene LLC
Skylead Pharmaceuticals & Chemicals
L’Oreal S.A.
Others
Segmentation Analysis
The global Mexoryl SX market segmentation focuses on Purity Level, Application, and Region.
Segmentation on the basis of Purity Level
Less than 98%
More than 98%
Segmentation on the basis of Application
Pharmaceuticals
Cosmetics
Others
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Mexoryl SX (Ecamsule) market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Mexoryl SX (Ecamsule) market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Mexoryl SX (Ecamsule) market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Mexoryl SX (Ecamsule) business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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