Title: Global Ethyl Ascorbic Acid Market Analysis Report, Regional Outlook, 2016 – 2024.
1Ethyl Ascorbic Acid Market Application and
Forecast 2016-2024
Ethyl Ascorbic Acid Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada,
Mexico, UK, Germany, France, Italy, China,
Australia, India, Japan, Indonesia, Argentina,
Brazil, Saudi Arabia, UAE, Kuwait, ), Application
Development Potential, Price Trends, Competitive
Market Share Forecast, 2016 2024
2Global Market Scenario of Ethyl Ascorbic Acid
- Ethyl Ascorbic Acid Market size is mainly driven
by growing concern about physical appearance
coupled with development of skincare - The global skin care market size was estimated to
be USD 115 billion in 2015 and will be worth
about USD 190 billion by 2024. An increase in
spending power coupled with awareness about the
skin care products in Asian nations will enhance
ethyl ascorbic acid market demand. - Consumption growth of personal care products with
increasing applications will drive ethyl ascorbic
acid market growth. The product is more
beneficial than the natural vitamin C and
excessive application does not cause harm to the
skin. Its content in personal care products
ranges between 0.5 to 10.
3- Product Analysis-
- Ethyl ascorbic acid or 3-O-ethyl-L-ascorbic acid
is a stable derivative of ascorbic acid. - The structure of the acid is relatively stable
when compared to vitamin C as ethyl group forms
an ether with the 3-hydroxy(OH) group of ascorbic
acids. - The pure form of ascorbic acid is unstable and is
easily degraded - The pure form of ascorbic acid is unstable and is
easily degraded - Regional Trends-
- In Latin America, an increase in applications
scope in pharmaceutical industries shows growth
opportunities for the product market. Increasing
disposable income coupled with rise in
consumption of pharmaceutical products are
expected to drive ethyl ascorbic acid market
demand. - Growth in the consumption of skin whitening
products is trending in Asian countries such as
India and China. - China is among the top manufacturing and
supplying country for ethyl ascorbic acid. RD
activities are carried out by domestic and
international players to make sure the best
supply for the growing demand.
4- Competitor Analysis-
- Some of the key industry players of ethyl
ascorbic acid market are - Yantai Aurora Chemical Co., Ltd., Parchem Fine
Specialty Chemicals, - Vantage Specialty Ingredients, Gfn-Selco,
BulkActives, - DSM Nutritional Products AG, M.C.Biotec, Inc.,
- GREAF, Gonmisol, Rhino Linings Corporation,
- Nippon Fine Chemicals.
-
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