Market Size in 2022 | Market Forecast in 2030 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 47.81 Billion | USD 102.34 Billion | CAGR at 9.98% | 2022 |
According to the report published by Zion Market Research, the global Oral Care Chemicals Market size was valued at USD 47.81 Billion in 2022 and is predicted to reach USD 102.34 Billion by the end of 2030. The market is expected to grow with a CAGR of 9.98% during the forecast period. The report analyzes the global Oral Care Chemicals Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Oral Care Chemicals Market industry.
Oral care deals with everything related to the mouth such as cleaning one’s mouth, protecting the teeth from decaying, avoiding any type of dental diseases, and protection against the gum diseases. When the overall health of a person is considered, oral hygiene is of major importance. The products that are used for the oral care make use of the chemicals which help in taking proper care.
The FDA had banned the use of the chemical triclosan from the hand washes and soaps. But it was found that this chemical was still being used in the toothpaste which could cause cancer among the consumers.
The global market for the oral care chemicals is fragmented into its application and chemical category. Based on the application, the global market is segregated into mouthwash /rinse and toothpaste. The mouthwash /rinse segment is sub-segmented into non-medicated and medicated. The toothpaste segment is sub-categorized into polish, powder, gel, and paste. Based on the chemical category, the market is categorized into additives, rheology/viscosity modifiers, preservatives, surfactants, actives, and others.
Oral Care Chemicals Market: Growth Factors
The main factor that is driving the oral care chemicals market is the increasing awareness among the people about the dental treatment and hygiene. In the recent years, the cases of dental caries have increased owing to the unhealthy eating habits especially in the children thus fuelling the growth of the oral care chemicals market. The other macroeconomic factors that are affecting the growth of the market are rise in the population, increase in the disposable income, and change in the food habits. The market players in order to market their dental products organize various oral awareness programs that positively impact the growth of the oral care chemicals market.
The increase in the geriatric population is also one of the factors that are augmenting to the growth of the market. The problems related to the oral care are increasing; hence, the market players are focusing on developing new innovative products thus making huge investments in the research and development activities. The factors that will limit the growth of the market are stringent regulations that are implemented by the government in regards to the chemical industry and the lack of awareness among the people in the underdeveloped region.
Report Attributes | Report Details |
---|---|
Report Name | Oral Care Chemicals Market Research Report |
Market Size in 2022 | USD 47.81 Billion |
Market Forecast in 2030 | USD 102.34 Billion |
Growth Rate | CAGR of 9.98% |
Number of Pages | 185 |
Key Companies Covered | FabriChem, Inc., Clariant, Kao Chemicals Europe. S.L., Croda International Plc, Solvay S.A, BASF SE, Akzo Nobel N.V., Ashland, Inc., Dow Chemical Company, and Spectrum Chemical Manufacturing Corp. |
Segments Covered | By Application, By Chemical category and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Due to the increasing penetration and the growing demand for the oral care products, North America is having a rapid growth in the oral care chemicals market. In Europe, the factors such as the growing geriatric population, implementation of stringent regulations, and the increasing concerns about the oral hygiene contribute to the positive market growth. The market will grow at a rapid speed in Asia Pacific region owing to the growing awareness among the consumers regarding the health care. The other factors that are contributing to the growth of the market in Asia Pacific region are increasing middle-class population with increasing spending power and the developments that are made in the oral care sector by the developing economies such as China and India.
The key market players that are involved in the oral care chemicals market include:
By Application
By chemical category
Oral Care Chemicals Market: Regional Segment Analysis
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