Erythrulose Market: Introduction
Although, with the growing awareness about the effect of hazardous ultraviolet radiations on the inhabitant’s skin such as causes skin cancer on exposure during the sunbathing, there is a still strong desire for a healthy and natural tanned skin appearance are increasing demand for anti-tanning products across the globe. The natural keto-sugar erythrulose permits new developments in the modern aesthetic self-tanning products. Erythrulose is a foremost ingredient used in the preparation of self-tanning products. Erythrulose is found naturally in the various plants and lichens. Erythrulose is safe and easy to use and have many distinct advantages, compares to other product used in the formulation of self-tanning products.
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Moreover, erythrulose is a tetrose carbohydrate with the chemical formula C4H8O4., and erythrulose belongs to the ketone family. Erythrulose is also known as D-Erythrulose. Erythrulose is providing natural-looking homogenous and glowing skin tone that improve the appearance of the skin. In the combination of DHA (dihydroxyacetone), erythrulose is increasing the effect of self-tanning product formulation as compared to others and provides an outmost application convenience and long-lasting result for at all skin type.
Erythrulose Market: Dynamics
- Growing Awareness about Skin Care Products Coupled with Increasing Hazardous skin disease from Harmful Radiations
- Growing awareness about the harmful effect of UV radiations on the inhabitant’s skins such as skin cancer and skin-tanning among others are increasing the demand for skincare products across the globe. For skin-tanning, demand for natural self-tanning products are register significant growth in the last couple of years. Such a factor is expected to lay a solid stand for the healthy growth of the erythrulose market growth in the upcoming years. Growing cosmetic industry coupled with increasing population is also expected to one of the key driving factor for the growth of global erythrulose market in the forthcoming years.
- The growing demand for advanced and natural skincare products coupled with rising per capita disposable income across the globe are also expected to drive the global erythrulose market growth in the coming decades.
Erythrulose Market Restraints:
- Stringent Regulations and Presence of Alternatives
- Erythrulose is used in the development and synthesis of skin care products. The presence of various alternatives and stringent regulation & standards regarding cosmetics formulations are anticipated to hampering the erythrulose market growth during the forecast period
Erythrulose Market: Segmentation
Global erythrulose market can be segmented on the basis of form, application, end-use, and region.
On the basis of form, the erythrulose market is segmented into:
On the basis of application, the erythrulose market is segmented into:
- Skin Tanning Products
- Creams and Foams
On the basis of end-use, the erythrulose market is segmented into:
- Cosmetics and Personal Care
Erythrulose Market: Regional outlook
Intensifying global warming owing to various harmful gases causes depletion of the ozone layer and permits the harmful UV solar radiations to come across the top layer of the earth crust. Such UV radiation is adversely affecting the skin and causes of various harmful diseases such as skin cancer etc. For this, the development of various skin care product such as self-tanning products, moisturizers, among others to prevent the skin from harmful UV radiations. And, in the formulation of skin-tanning products erythrulose is significantly used. From the regional perspective, the Asia Pacific is expected to one of the most lucrative region in the global erythrulose market in the coming years. Owing to the substantial growth of the cosmetic industry in the Asia Pacific region, especially in emerging economies such as China and India. North America and Europe are estimated to hold a dominant share in the global erythrulose market owing to the huge investment in the research and development activities to develop advanced products. Moreover, the erythrulose market in the Middle East & Africa and Latin America are expected to register healthy growth during the forecast period, owing to growing advanced skincare products coupled with rising per capita disposable income.
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Erythrulose Market: Market participants
Some of the key market participants involved in the erythrulose market are as follows:
- Kraeber & Co GmbH
- Centerchem, Inc.
- Satcotek GmbH
- McKinley Resources, Inc.
- DermaSalve, Ltd.
- Breathe Skin Care, Ltd.
- M.C. BIOTEC
- CALMAGS GmbH