Report Code: A15845 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ethyl Ascorbic Acid Market
Request Now !Ethyl ascorbic acid is a vitamin C derivative. It possesses characteristics that are ideal for skin whitening. The chemical structure of ethyl ascorbic is remarkable in that the ethyl molecule forms an ether with the ethyl ascorbic acid is a highly effective inhibitor of melanogenesis. Because of the qualities of ethyl ascorbic acid, it is widely used in cosmetic products. The 3-hydroxy group of C acid, results in substantially higher stability. Additional commercially available ascorbic acid derivatives are ethers at the 2-hydroxy position. It is applicable in many industries such as dyeing industry, chemical industry, pharmaceutical industry, cosmetic industry and others.
 COVID-19 Impact analysis
 Top Impacting Factors
The beauty and pharmaceutical industries are driving the growth of the global ethyl ascorbic acid market. The increased disposable income, changing consumer lifestyles and high rate of urbanization are the main factors driving the growth of the global ethyl ascorbic acid market. With an increase in literacy and knowledge, consumers are looking for a product that can suit their needs. The main factor hampering the worldwide ethyl ascorbic acid market is the bad effects of ethyl ascorbic acids, which include peeling, blistering and skin loosening as well as muscle, bone and joint discomfort. Due to the considerable need for ethyl ascorbic acid with expanding demand for skin whitening products, companies providing ethyl ascorbic acid have a very high opportunity in regions such as Asia-Pacific, MEA, and so on. The ethyl ascorbic acid market has a major opportunity in Latin America, the Middle East, and Africa, as these are emerging markets, owing to rising disposable income of consumers in these regions.
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