The global dicaprylyl carbonate market is all set to weave a strong web of growth during the forthcoming years. This growth is attributed to increased use of dicaprylyl carbonate in cosmetics and personal care products. Dicaprylyl carbonate is widely known as a skin conditioner and emollient. As a result, it holds remarkable applications in personal care products. Owing to its non-greasiness and fast spreading property, dicaprylyl carbonate holds outstanding moisturizing ability. This makes it perfect for use in cosmetics and personal care products.
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The global dicaprylyl carbonate market is growing on the back of improved per capita personal care spending, increased disposable income of major worldwide population, and growing internet penetration. Apart from this, growth in the worldwide millennial population is one of the major factors fueling the growth of the global dicaprylyl carbonate market.
Rising Demand for Sun Care and Anti-Aging Products Drives Market Growth
Dicaprylyl carbonate is known for providing excellent performance in solubilizing crystalline UV filters. It is also known for boosting collagen production in skin. Therefore, it is widely used to heal sagging skin and the wrinkles. As a result, dicaprylyl carbonate holds high demand potential from the companies engaged in the production of sun care and anti-aging products. Thus, increasing demand for anti-aging and sun care products from all across the world is expected to drive the dicaprylyl carbonate market growth in the forthcoming years.
Dicaprylyl carbonate is increasingly used in spray oils, hair care products, and make-up removers, and antiperspirants and deodorants. Therefore, increased use of all these products offers lucrative avenues for vendors working in the global dicaprylyl carbonate market. This aside, the growing use in color cosmetics will fuel the growth of the market for dicaprylyl carbonate in the forthcoming years.
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On regional front, the global dicaprylyl carbonate market is expected to experience lucrative avenues from Europe. This growth is attributed to the presence of significant number of companies engaged in the personal care and cosmetic products.