Acetamide MEA Market size is anticipated to reach USD 220 billion by the end of 2036, expanding around 3% CAGR during the forecast period i.e., 2024-2036. In the year 2023, the industry size of acetamide MEA was over 56 billion. The growth of acetamide MEA can be attributed to the rise in the cosmetic industry. It is basically an aliphatic amide that is utilized in cosmetic formulations. It is utilized as a skin conditioning agent, humectant, hair conditioning agent in this domain. Therefore, the demand for acetamide MEA is expected to rise with the growth in the cosmetic sector. Cosmetic retailers recently reported a revenue of USD 18 billion in online sales.
Acetamide MEA is a key ingredient in many personal care products such as shampoos, conditioners, soaps, and lotions. The rising demand for these products is expected to boost the growth of the acetamide MEA market in the projection period. Due to its many benefits, acetamide MEA has been widely applied for skin care products. In order to increase water content in the top layer of skin, it draws moisture out of the surrounding air. It is found in bubble baths and other bath preparations, as well as hair care products such as shampoos or conditioners. It's going to make your hair feel better, texture better, and look better. It helps to restore hair texture which was damaged by chemical treatments.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024 - 2036 |
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CAGR |
~3% |
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Base Year Market Size (2023) |
~USD 56 billion |
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Forecast Year Market Size (2036) |
~USD 220 billion |
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Regional Synopsis |
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Application (Bath, Shower & Soaps, Face/Neck Skin Care Products, Hair Conditioners & Shampoos, Shaving Products)
Acetamide MEA market from the hair conditioner & shampoo segment is anticipated to hold a significant revenue share by the end of 2036. Since it is a humectant and increases its shine, acetamide MEA is used for conditioning hair. It's able to reduce the static charge, so it eases the wet coupling. It's got more of a humectant quality compared to glycerine. It's got a great conditioning effect in shampoos. This is an ordinary ingredient used in hair care products. In shampoos, it serves as a foam booster. Hair problems such as graying or loss of hair and dandruff are being experienced by the population due to changes in lifestyles, pollution, and insufficient supplements. These are likely to surge in demand for hair care products utilization. Demand for hair care products like shampoos, conditioners, and some others is anticipated to rise as a result of increasing concerns about the use of chemicals in hair treatments, hair coloring, or excessive use of toxic substances.
Function (Conditioning Agent, Skin Conditioning Agent, Surfactant, Humectant, Thickener)
In terms of function, the skin conditioning agent segment is set to hold 25% share of the global acetamide MEA market between 2024 and 2036. The growth of this market can be attributed to high usage in cosmetic and personal care industry. The product is applied as a wetting agent, coupling agent and also solubilizer. The market is on the rise owing to all these factors and will be expected to do so during the forecast period. The increasing concern of people regarding skin infections due to the effects of pollution is another factor that is expected to boost the segment growth in the market.
Our in-depth analysis of the global acetamide MEA market includes the following segments:
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Function |
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Product Type |
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Application |
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North American Market Forecast
The acetamide MEA market in North America region is expected to hold the largest revenue share of 35% during the forecast period. This growth can be attributed to the continuous innovation and product development to improve skin and hair treatment products. In 2021, North America was considered one of the most important geographical regions for the global cosmetics industry, accounting for approximately 26% of the cosmetics market that year. Consumers in North America are well aware of the harmful effects of pollution on their skin and hair, so they are cautious when choosing functional cosmetics and conditioners for personal use.
APAC Market Statistics
The acetamide MEA market in the Asia Pacific region is expected to grow substantially by the end of 2036. The Asia-Pacific region is expected to grow rapidly and account for the majority of the global market, owing to the growing demand for healthcare and skin care products in new countries famous like China. As developing economies also have increased disposable incomes, consumers in their countries have raised their standards of living and can now afford more cosmetic products.
Author Credits: Smruti Ranjan, Rajrani Baghel
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