Quanternium-15 is a type of preservative which is widely used in many cosmetic and industrial products. Owing to its anti-microbial properties, the quanternium-15 kills molds, yeast, bacteria and prevents them to grow, so that the cosmetic and personal care products last longer. Rapid growth of cosmetic industry across the globe has been directly influencing the development of quaternium-15 market. However, apart from being an anti-microbial agent, the quaternium-15 is a formaldehyde releaser, a chemical which can cause an allergic reaction, mostly in those with sensitive skin. This is likely to be one of the restraining factors impeding the growth of quanternium-15 market.
The latest report by “Fact.MR, A Market Research and Competitive Intelligence Provider” tracks Quaternium-15 Demand and Sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The report examines the Quaternium-15 market key trends, growth opportunities and Quaternium-15 market size and share.
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Stringent Regulatory Framework Continues to Create Challenges for Wide-spread Adoption of Quaternium-15
The market for quaternium-15 is projected to grow at a staggering rate under the influence of stringent regulatory frameworks. Quaternium-15 is an ammonium salt which is used as a preservative in the cosmetics industry, the pharmaceutical industry, and other industrial applications. As an ingredient, it is found in personal care products such as soaps and shampoos and in industrial wax, ink, polishes, paints, and metal-working fluids.
Although once considered as an important preservative, quaternium-15 releases formaldehyde and, hence, is classified under the category of carcinogenic, mutagenic, and reprotoxic – CMR substance. While experiencing the resistance of stringent regulations, steady demand from the cosmetics industry is likely to support the dwindling growth of the quaternium-15 market.
Key questions answered in Quaternium-15 Market Survey Report :
- What is the current scenario and key trends in Quaternium-15 Market?
- What are the key strategies companies are adopting to increase their consumer base?
- What are the key categories within the Quaternium-15 segments and their future potential?
- What are the major Quaternium-15 Market drivers and their expected impact during the short, medium, and long terms?
- What is the Quaternium-15 Market size and what are the opportunities for the key players?
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Quaternium-15 Phase-Out to Intensify the Market Challenge
The maximum allowed concentration of quaternium-15 as a preservative is 0.2%. The chemical has been studied to cause allergies or other harmful effects when used in higher doses. However, raised consumer awareness for product ingredients has led to choosing the products that have a clean label as opposed to those containing hazardous chemicals. On account of this, leading manufacturers of cosmetics are actively adopting the exemption of chemicals that are hazardous to human health.
Essential Takeaways from the Market Report
- Comparison of prominent players operating in the market.
- Identification of Quaternium-15 market drivers, restraints and other forces impacting the global Market
- Recent developments and key strategies adopted by market players.
- Study of the micro and macro-economic growth indicators.
- Impact of the various factors on the value chain of the market.
- Evaluation of current Quaternium-15 market size and forecast and technological advancements within the industry.
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The Report Covers Exhaustive Analysis On:
- Quaternium-15 Market Drivers, Segments and Restraints.
- Quaternium-15 Market Survey and Dynamics
- Quaternium-15 Market Size & Demand
- Quaternium-15 Key Trends/Issues/Challenges
- Quaternium-15 Sales, Competition & Companies involved
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