Cyclopentasiloxane is a synthetically manufactured silicone derivative and is a colorless, odorless liquid with low viscosity and has a silky and slippery feel. According to BlueQuark Research & Consulting, the global Cyclopentasiloxane market is expected to witness a significant growth rate during the forecasted period. Factors like the growing use of Cyclopentasiloxane in the cosmetic industry due to properties like excellent spreading, quick evaporation, leaving no residue or build-up for the manufacturing of skin and hair care products are expected to drive the market. Further, the use of Cyclopentasiloxane as lubricants and sealants, due to its texture and slippery nature, is projected to drive the global market. The use of Cyclopentasiloxane in making products with functions, such as UV protection, long-lasting, moisturizing/hydrating, botanical/herbal, whitening, and anti-aging, is expected to drive the future market. However, the factor like environmental concerns related to the use and production of Cyclopentasiloxane is projected to hinder the global market growth in the forecast period.
Cyclopentasiloxane is used to manufacture skincare, hair care, and oral care products simultaneously, other products used as lubricants, sealants, and others.
The Cosmetic Industry is the primary consumer of Cyclopentasiloxane and is expected to drive the global market. The Cyclopentasiloxane market is mainly driven by the increased usage of skincare, haircare, oral care, cosmetics, and toiletries. Further, the Increased awareness about personal grooming and lifestyles are improving the Global Cyclopentasiloxane market, with the increased use of creams, lotions, gels, serums, and other medicines, as a less expensive treatment for skin ailments than surgeries, has increased the use of Cyclopentasiloxane is used as one of the components. The Procter & Gamble Company posted fiscal 2021 USD 76.1 Billion, a 7 percent year-on-year increase in net sales. Furthermore, male consumers' use of cosmetic products has increased significantly, encouraging manufacturers to develop unique cosmetic products for men, which has directly contributed to the growth of the global Cyclopentasiloxane market as most of the products contain significant amounts of Cyclopentasiloxane. Johnson & Johnson posted its second-quarter results of 2021, a 27.1% increase in reported sales to USD 23 Billion and a 73.1% increase in the net earnings. Therefore the use of Cyclopentasiloxane in the cosmetics industry is expected to grow and drive the overall market in the future.
Some of the market's key players are The Dow Chemical Company , Sunjin Beauty Science Co. Ltd., KCC Beauty , Wacker Chemie AG , Kobo Products Inc., among others.
The Asia Pacific region is expected to be the leader in the production and consumption of Cyclopentasiloxane, with most of the consumption in countries like China and India. The fact that greater than 60% of the world's population lives in the APAC region has been attributed to the increased need for Cyclopentasiloxane in the region. Further, the increased usage of cosmetics products in the region, with L'Oréal S.A. reporting a 23.8% sales growth in the APAC region and another 37.9% increase in sales from mainland China in its 2021 quarter one results. High living standards and the use of cosmetic products by both males and females are expected to make the region an important area in the Asia Pacific Cyclopentasiloxane market. Further, Unilever PLC posted sales of EUR 12.3 Billion in the first quarterly results of 2021, showing significant signs of growth. The growth and demand for products, such as body moisturizing lotions, sunscreen lotions & creams, facial wipes, face wash, hair styling gels, and make-up products for men and women, fuel the growth of the APAC cosmetics market. The increase in consciousness regarding personal appearance among individuals and rising incomes drive the industry growth. Furthermore, haircare products having unique functions (such as anti-aging) and natural hair colorants are also witnessing significant growth, owing to their high adoption rate of natural hair color to enhance hair styling and fashionable statements and the growing popularity of hair texturizing products. Factors like these have made Asia-Pacific an essential region for growth in the Cyclopentasiloxane market.
In February 2021, Shiseido launched a new anti-aging skincare brand for the demand of the Chinese skincare market.
In July 2019, Novena Global Lifecare completed a USD 350 Million merger with Xingkeduo, making AI-based tech accessible to the company.
Global Cyclopentasiloxane Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Cyclopentasiloxane market by segmenting based on the Type (99% Purity, 98% Purity, 97% Purity), Application (Skin Care Products, Hair Care Products, Oral Care Products, Cosmetics, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trend, market dynamics, market analysis, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.