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Phytosphingosine Market by Application (Facewash, Moisturizer, Cleansing Wipes, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

MA_184529
Pages: 175
Jan 2018 | 1776 Views
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Author's : Yashwant Sahu
Tables: 95
Charts: 35
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Phytosphingosine Market Overview:

Phytosphingosine Market was valued at $1,215.5 million in 2016, and is expected to reach $1,882.9 million by 2023, registering a CAGR of 6.5 % from 2017 to 2023. Phytosphingosine is an antibacterial and conditioning lipid derived from the fermentation of yeast. The main function of this lipid is to maintain healthy skin and control the generation and regulation of lipids on the external layers of the skin, thus assuring natural and regular moisturization. Phytosphingosine displays antimicrobial and anti-inflammatory properties, and is used in a wide range of cosmetic products such as facewash, cleansing wipes, hair conditioning agents, and facial scrubs.

Increase in demand for anti-acne products among young population and high demand for bio-based cosmetic products are major factors driving phyosphingosine market across the globe. The demand for facewash, moisturizer, and cleansing wipes is on an increase due to rise in per capita disposable income and surge in cosmetics industry. Moreover, escalating awareness among the younger population and changing demographics as a result of rapid urbanization, especially in developing economies, drive the demand for phytosphingosine, although, inconsistency yields, poor productivity, and higher costs of phytosphingosine hamper the growth of the global phytosphingosine market. In addition, lack of awareness among consumers, especially in underdeveloped and developing regions worldwide, are some other major elements anticipated to impede the market growth. However, increase in usage of phytosphingosine in the pharmaceutical industry is anticipated to present lucrative opportunities during the forecast period.

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Based on application, the global phytoshingosine market is classified into facewash, moisturizer, cleansing wipes, and others. Phytosphingosine is active at very low concentration and it effectively reduces signs of acne, prevents loss of moisture from the skin, inhibits the growth of microorganisms on the skin, and diminishes redness and inflammation on skin. Facewash containing phytosphingosine cleanses, purifies, and tones the skin. The increase in use of phytosphingosine as an ingredient in facewashes, owing to its quality of reducing spots & blemishes, drives the global market. Currently, consumers are more inclined towards the use of natural solutions to maintain and improve skin functions, which is expected to provide substantial growth opportunity to the industry players.

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Based on region, the global phytosphingosine market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. LAMEA possesses high potential for the growing personal care & cosmetic market, owing to the strong economic improvement. Increase in need for skin care products, shift toward the use of natural ingredients, and growth in awareness drive growth in this region. Consumers are more inclined toward the use of mild, natural, and non-animal based products. Thus, improvement in lifestyle and increase in consumer awareness about the possible effects of chemical ingredients are expected to provide growth opportunities to the industry players in this region.

Key leading players operating in this market include AK Scientific Inc., Avanti Polar Lipids, Inc., Beckmann-Kenko GmbH, BOC Sciences, Doosan Corporation, Evonik Industries AG, MolPort, Sigma-Aldrich Co. LLC, Sungwun Pharmacopia Co. Ltd., and Tokyo Chemical Industry Co., Ltd.

Other key market players in the value chain include Cayman Chemical Company, Centerchem, Inc., Chemos GmbH & Co. KG, Chemsky (shanghai) International Co., Ltd., Hangzhou Dayangchem Co. Ltd., J&K Scientific Ltd., Meryer (Shanghai) Chemical Technology Co., Ltd. and Santa Cruz Biotechnology, Inc.

Key Benefits for Stakeholders

  • This report provides a quantitative and qualitative analysis of the current market trends and estimations from 2016 to 2023, which assists to identify the prevailing market opportunities in different applications.
  • Market trends of major countries in each region are mapped according to projected market revenue.
  • Top investment pockets highlight the opportunity in the most lucrative application segment.
  • Focused study of the factors that drive and restrict the growth of the phytosphingosine market is provided.
  • Key manufactures of phytosphingosine are profiled and their recent developments are listed.

Phytosphingosine Market Key Segments:

By Application

  • Facewash
  • Moisturizer
  • Cleansing Wipes
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • KSA
    • South Africa
    • Rest of LAMEA
 

Chapter: 1 MARKET OVERVIEW

1.1. MARKET DEFINITION AND SCOPE
1.2. RESEARCH METHODOLOGY

1.2.1. Primary research
1.2.2. Secondary research
1.2.3. Analyst tools and models

1.3. EXECUTIVE SUMMARY
1.4. KEY FINDINGS

1.4.1. Top investment pockets, by application

Chapter: 2 MARKET TREND ANALYSIS

2.1. PORTERS FIVE FORCES ANALYSIS

2.1.1. Bargaining power of suppliers
2.1.2. Bargaining power of buyers
2.1.3. Threat of new entrants
2.1.4. Threat of substitutes
2.1.5. Competitive rivalry

2.2. MARKET DYNAMICS

2.2.1. Drivers

2.2.1.1. Increase in demand for anti-acne products among young population
2.2.1.2. High demand for bio-based cosmetic products

2.2.2. Restraint

2.2.2.1. Inconsistent yield throughout the year

2.2.3. Opportunity

2.2.3.1. Increase in use of phytosphingosine in pharmaceutical industry

Chapter: 3 PHYTOSPHINGOSINE MARKET, BY APPLICATION

3.1. INTRODUCTION

3.1.1. Market size and forecast

3.2. FACEWASH

3.2.1. Key market trends, growth factors, and opportunities
3.2.2. Market size and forecast

3.3. MOISTURIZER

3.3.1. Key market trends, growth factors, and opportunities
3.3.2. Market size and forecast

3.4. CLEANSING WIPES

3.4.1. Key market trends, growth factors, and opportunities
3.4.2. Market size and forecast

3.5. OTHERS

3.5.1. Key market trends, growth factors, and opportunities
3.5.2. Market size and forecast

Chapter: 4 PHYTOSPHINGOSINE MARKET, BY GEOGRAPHY

4.1. INTRODUCTION

4.1.1. Market size and forecast

4.2. NORTH AMERICA

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. U.S.

4.2.3.1. Market size and forecast

4.2.4. Canada

4.2.4.1. Market size and forecast

4.2.5. Mexico

4.2.5.1. Market size and forecast

4.3. EUROPE

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. France

4.3.3.1. Market size and forecast

4.3.4. Germany

4.3.4.1. Market size and forecast

4.3.5. UK

4.3.5.1. Market size and forecast

4.3.6. Spain

4.3.6.1. Market size and forecast

4.3.7. Italy

4.3.7.1. Market size and forecast

4.3.8. Rest of Europe

4.3.8.1. Market size and forecast

4.4. ASIA-PACIFIC

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. India

4.4.3.1. Market size and forecast

4.4.4. China

4.4.4.1. Market size and forecast

4.4.5. Japan

4.4.5.1. Market size and forecast

4.4.6. Korea

4.4.6.1. Market size and forecast

4.4.7. Australia

4.4.7.1. Market size and forecast

4.4.8. Rest of Asia-Pacific

4.4.8.1. Market size and forecast

4.5. LAMEA

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
4.5.3. Brazil

4.5.3.1. Market size and forecast

4.5.4. KSA

4.5.4.1. Market size and forecast

4.5.5. South Africa

4.5.5.1. Market size and forecast

4.5.6. Rest of LAMEA

4.5.6.1. Market size and forecast

Chapter: 5 COMPANY PROFILES

5.1. AK SCIENTIFIC INC.

5.1.1. Company overview
5.1.2. Company snapshot
5.1.3. Operating business segments
5.1.4. Product portfolio

5.2. AVANTI POLAR LIPIDS, INC.

5.2.1. Company overview
5.2.2. Company snapshot
5.2.3. Operating business segments
5.2.4. Product portfolio

5.3. BECKMANN-KENKO GMBH

5.3.1. Company overview
5.3.2. Company snapshot
5.3.3. Operating business segments
5.3.4. Product portfolio

5.4. BOC SCIENCES

5.4.1. Company overview
5.4.2. Company snapshot
5.4.3. Operating business segments
5.4.4. Product portfolio

5.5. DOOSAN CORPORATION

5.5.1. Company overview
5.5.2. Company snapshot
5.5.3. Operating business segments
5.5.4. Product portfolio
5.5.5. Business performance

5.6. EVONIK INDUSTRIES AG

5.6.1. Company overview
5.6.2. Company snapshot
5.6.3. Operating business segments
5.6.4. Product portfolio
5.6.5. Business performance
5.6.6. Key strategic moves and developments

5.7. MOLPORT

5.7.1. Company overview
5.7.2. Company snapshot
5.7.3. Product portfolio

5.8. SIGMA-ALDRICH CO. LLC.

5.8.1. Company overview
5.8.2. Company snapshot
5.8.3. Operating business segments
5.8.4. Product portfolio

5.9. SUNGWUN PHARMACOPIA CO. LTD.

5.9.1. Company overview
5.9.2. Company snapshot
5.9.3. Operating business segments
5.9.4. Product portfolio

5.10. TOKYO CHEMICAL INDUSTRY CO., LTD.

5.10.1. Company overview
5.10.2. Company snapshot
5.10.3. Operating business segments
5.10.4. Product portfolio

LIST OF TABLES

TABLE 1. GLOBAL PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 2. GLOBAL PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 3. PHYTOSPHINGOSINE MARKET VOLUME FOR FACEWASH, BY GEOGRAPHY, 2015-2023 (TONS)
TABLE 4. PHYTOSPHINGOSINE MARKET VALUE FOR FACEWASH, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 5. PHYTOSPHINGOSINE MARKET VOLUME FOR MOISTURIZER, BY GEOGRAPHY, 2015-2023 (TONS)
TABLE 6. PHYTOSPHINGOSINE MARKET VALUE FOR MOISTURIZER, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 7. PHYTOSPHINGOSINE MARKET VOLUME FOR CLEANSING WIPES, BY GEOGRAPHY, 2015-2023 (TONS)
TABLE 8. PHYTOSPHINGOSINE MARKET VALUE FOR CLEANSING WIPES, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 9. PHYTOSPHINGOSINE MARKET VOLUME FOR OTHERS, BY GEOGRAPHY, 2015-2023 (TONS)
TABLE 10. PHYTOSPHINGOSINE MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 11. PHYTOSPHINGOSINE MARKET VOLUME, BY GEOGRAPHY, 2015-2023 (TONS)
TABLE 12. PHYTOSPHINGOSINE MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 13. NORTH AMERICA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 14. NORTH AMERICA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 15. NORTH AMERICA PHYTOSPHINGOSINE MARKET VOLUME, BY COUNTRY, 2015-2023 (TONS)
TABLE 16. NORTH AMERICA PHYTOSPHINGOSINE MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 17. U.S. PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 18. U.S. PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 19. CANADA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 20. CANADA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 21. MEXICO PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 22. MEXICO PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 23. EUROPE PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 24. EUROPE PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 25. EUROPE PHYTOSPHINGOSINE MARKET VOLUME, BY COUNTRY, 2015-2023 (TONS)
TABLE 26. EUROPE PHYTOSPHINGOSINE MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 27. FRANCE PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 28. FRANCE PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 29. GERMANY PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 30. GERMANY PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 31. UK PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 32. UK PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 33. SPAIN PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 34. SPAIN PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 35. ITALY PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 36. ITALY PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 37. REST OF EUROPE PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 38. REST OF EUROPE PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 39. ASIA-PACIFIC PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 40. ASIA-PACIFIC PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 41. ASIA-PACIFIC PHYTOSPHINGOSINE MARKET VOLUME, BY COUNTRY, 2015-2023 (TONS)
TABLE 42. ASIA-PACIFIC PHYTOSPHINGOSINE MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 43. INDIA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 44. INDIA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 45. CHINA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 46. CHINA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 47. JAPAN PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 48. JAPAN PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 49. KOREA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TON)
TABLE 50. KOREA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 51. AUSTRALIA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 52. AUSTRALIA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 53. REST OF ASIA-PACIFIC PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 54. REST OF ASIA-PACIFIC PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 55. LAMEA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 56. LAMEA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 57. LAMEA PHYTOSPHINGOSINE MARKET VOLUME, BY COUNTRY, 2015-2023 (TONS)
TABLE 58. LAMEA PHYTOSPHINGOSINE MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 59. BRAZIL PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 60. BRAZIL PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 61. KSA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 62. KSA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 63. SOUTH AFRICA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 64. SOUTH AFRICA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 65. REST OF LAMEA PHYTOSPHINGOSINE MARKET VOLUME, BY APPLICATION, 2015-2023 (TONS)
TABLE 66. REST OF LAMEA PHYTOSPHINGOSINE MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 67. AK SCIENTIFIC: COMPANY SNAPSHOT
TABLE 68. AK SCIENTIFIC: OPERATING SEGMENTS
TABLE 69. AK SCIENTIFIC: PRODUCT PORTFOLIO
TABLE 70. AVANTI POLAR LIPIDS, INC.: COMPANY SNAPSHOT
TABLE 71. AVANTI POLAR LIPIDS, INC.: OPERATING SEGMENTS
TABLE 72. AVANTI POLAR LIPIDS, INC.: PRODUCT PORTFOLIO
TABLE 73. BECKMANN-KENKO GMBH: COMPANY SNAPSHOT
TABLE 74. BECKMANN-KENKO GMBH: OPERATING SEGMENTS
TABLE 75. BECKMANN-KENKO GMBH: PRODUCT PORTFOLIO
TABLE 76. BOC SCIENCES: COMPANY SNAPSHOT
TABLE 77. BOC SCIENCES: OPERATING SEGMENTS
TABLE 78. BOC SCIENCES: PRODUCT PORTFOLIO
TABLE 79. DOOSAN CORPORATION: COMPANY SNAPSHOT
TABLE 80. DOOSAN CORPORATION: OPERATING SEGMENTS
TABLE 81. DOOSAN CORPORATION: PRODUCT PORTFOLIO
TABLE 82. EVONIK: COMPANY SNAPSHOT
TABLE 83. EVONIK: OPERATING SEGMENTS
TABLE 84. EVONIK: PRODUCT PORTFOLIO
TABLE 85. MOLPORT: COMPANY SNAPSHOT
TABLE 86. MOLPORT: PRODUCT PORTFOLIO
TABLE 87. SIGMA-ALDRICH: COMPANY SNAPSHOT
TABLE 88. SIGMA-ALDRICH: OPERATING SEGMENTS
TABLE 89. SIGMA-ALDRICH: PRODUCT PORTFOLIO
TABLE 90. SUNGWUN PHARMACOPIA CO. LTD.: COMPANY SNAPSHOT
TABLE 91. SUNGWUN PHARMACOPIA CO. LTD.: OPERATING SEGMENTS
TABLE 92. SUNGWUN PHARMACOPIA CO. LTD.: PRODUCT PORTFOLIO
TABLE 93. TCI: COMPANY SNAPSHOT
TABLE 94. TCI: OPERATING SEGMENTS
TABLE 95. TCI: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 1. GLOBAL PHYTOSPHINGOSINE MARKET: EXECUTIVE SUMMARY (1/2)
FIGURE 2. GLOBAL PHYTOSPHINGOSINE MARKET: EXECUTIVE SUMMARY (2/2)
FIGURE 3. TOP INVESTMENT POCKETS, BY APPLICATION
FIGURE 4. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 5. MODERATE BARGAINING POWER OF BUYERS
FIGURE 6. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 7. MODERATE THREAT OF SUBSTITUTES
FIGURE 8. MODERATE COMPETITIVE RIVALRY
FIGURE 9. GLOBAL PHYTOSPHINGOSINE MARKET SHARE, BY APPLICATION
FIGURE 10. PHYTOSPHINGOSINE MARKET SHARE, BY GEOGRAPHY
FIGURE 11. U.S. PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 12. CANADA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 13. MEXICO PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 14. FRANCE PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 15. GERMANY PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 16. UK PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 17. SPAIN PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 18. ITALY PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 19. REST OF EUROPE PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 20. INDIA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 21. CHINA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 22. JAPAN PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 23. KOREA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 24. AUSTRALIA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 25. REST OF ASIA-PACIFIC PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 26. BRAZIL PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 27. KSA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 28. SOUTH AFRICA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 29. REST OF LAMEA PHYTOSPHINGOSINE MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 30. DOOSAN CORPORATION: NET SALES, 20142016 ($MILLION)
FIGURE 31. DOOSAN CORPORATION: REVENUE SHARE BY SEGMENT, 2016(%)
FIGURE 32. DOOSAN CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 33. EVONIK: NET SALES, 20142016 ($MILLION)
FIGURE 34. EVONIK: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 35. EVONIK: REVENUE SHARE BY GEOGRAPHY, 2016 (%)

 

Phytosphingosine market has witnessed steady growth in the recent years. Europe and Asia-Pacific are some of the largest Phytosphingosine markets in the world. However, North America was the third largest market in the global phytosphingosine market and witnessed the least growth rate during the forecast period. In North America, several R&D activities related to phytosphingosine are underway. For instance, in July 2010, Queens College from New York published a research on synthesis of D-ribo-phytosphingosine using 1-tetradecyne and acetaldehyde. In this region, consumers proactive attitude toward skin care activities increases the demand for phytosphingosine. Moreover, extensive research associated with phytosphingosine and high purchasing power of the consumers drive the market growth. In addition, surge in demand for natural beauty products and increase in number of men purchasing personal care & grooming products are expected to present substantial growth opportunity to the industry players.

AK Scientific Inc., BOC Sciences, Sigma-Aldrich Co. LLC., and Avanti Polar Lipids, Inc. are some of the leading players operating in the North American phytosphingosine market.

The phytosphingosine market based on application is segmented into moisturizer, cleaning wipes, facewash, and others. Cleaning wipes have witnessed the second-fastest growth rate throughout the forecast period. Phytosphingosine is used in cleaning wipes as it helps in the removal of impurities on the surface of skin and also assists quick & easy removal of traces of make-up such as waterproof mascara & eyeliner. In addition, these wipes prevent acne and provide a soothing effect, owing to their antibacterial properties. Easy transportability associated with the use of these cleaning wipes drives the global market. Moreover, increase in adoption of phytosphingosine cleansing wipes for veterinary use is expected to create growth opportunities in the global market

 

 

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