Rockville, MD -- (SBWIRE) -- 09/19/2019 -- Global conditioning polymers market is projected to register average single-digit CAGR during the forecast period
Nowadays, shampoos and other hair care product formulations are not just about dandruff removal or pure cleansing of hair. Consumers expect several additional benefits, such as lather creaminess, conditioning, comfortability and smoothing of hair surface. Since conditioning polymers play an essential role in providing many of those features, its use in shampoos has increased significantly in the last few years. Conditioning polymers are cationic polymers used in personal care applications, including hair conditioners and body washes. They provide benefits such as delivery of active ingredients in rinse-off formulations, deposition of components and softness of hair, smoothness and manageability. The growing demand from the hair care and skincare industry is likely to drive the global conditioning polymers market in the years to come. To maintain supremacy in global conditioning polymers market; leading players are increasing R&D activities for the development of products and perform merger & collaboration for expanding the production capacity.
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Conditioning Polymers Market Dynamics
The conditioning polymers manufacturers are steadily operating their business despite the economic crisis, which surely has a positive impact on the consumption of conditioning polymers. In order to meet the demand for increasing population, various production units are being installed globally. Therefore, the needs of the growing community and installation of new production plants would increase the consumption of conditioning polymers, and escalate the growth of the global market during the forecast period. Globally, conditioning polymers are expected to show strong growth in the coming years, mainly due to its potential application in hair care, skincare and shower products. The rising health concerns among consumers is increasing the consumption of natural products, which will increase the sales of natural conditioning polymers during the forecast period. This will also boost the global conditioning polymers market. Therefore, the global conditioning polymers market is expected to experience significant growth in the future.
Conditioning polymers Market Segmentation
Global conditioning polymers market can be segmented on the basis of product type, source and application.
On the basis of product type, conditioning polymers market is segmented as:
Cationic Guar Conditioning Polymers
Cationic Cellulose Conditioning Polymers
Others
Most of the products are based on cellulose quaternary ammonium salts. Also, guar gum polymer derivate is playing an increasingly important role in the market. The demand for the total conditioning polymers market is forecast to be stable, while the market of Cationic Conditioning Polymers will become popular owing to its advantage.
On the basis of source, conditioning polymers market is segmented as:
Natural Polymers
Synthetic Polymers
On the basis of application, conditioning polymers market is segmented as:
Hair Care Products
Bath & Shower Products
Skin care products
Others
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Conditioning polymers Market Regional Outlook
East Asia dominates the global conditioning polymers market in terms of consumption and expected to increases with the significant growth rate in the forecast period. Moreover, increasing industrial investment and massive population in the emerging economies of India and China is supporting the growth of several industries such as hair care, skin care, and body care among others, which has been driving the demand for conditioning polymers in East Asia and South Asia. South Asia is anticipated to be the fastest growth in the global conditioning polymers market.
North American and European regions are expected to have a sluggish growth in the worldwide conditioning polymers market. North America is the second-largest region of the global conditioning polymer market. Leading players are majorly situated in North America and Europe. North America is followed by Europe. Countries like Brazil are expected to see significant growth trends in the Latin America region.
Conditioning polymers Market Key Players
Conditioning polymers market is characterized by high degree of competition and the market is dominated by global players. The key players in the conditioning polymers market are mentioned below.
Dow Chemical
BASF S.E.
Lubrizol
Zschimmer & Schwarz
Ashland
Nouryon (AkzoNobel)
DSM
Nalco
SNF Holding COmpany
Solvay
Amco Polymers
Varroc Group
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