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Iodopropynyl Butylcarbamate Market Segmented By Application Type such as Cosmetic Ingredients, Wood preservatives, Paints additives, Metalworking fluids, Household products, Moistened toilet tissues and Adhesives
Iodopropynyl butylcarbamate is a derivative of carbamate ester containing iodine. Iodopropynyl butylcarbamate is a slightly white crystalline powder which is extremely insoluble in water but soluble in organic solvents including propylene glycol, ethanol and others.
Iodopropynyl butylcarbamate is stable between the PH-range of 4-9 and is compounded with almost all surfactants such as alkyl ether phosphate, sodium stearate, Benzalkonium chloride, and perfluorooctanesulfonate. Iodopropynyl butylcarbamate can be classified in a wide range of cosmetics and personal care products. Iodopropynyl butylcarbamate is also known as IPBC.
Nowadays, with changing lifestyle and preference of consumers towards organic based products are increasing. Although, various organic products are gone through several quality, safety and regulatory mandates; however, the consumers are more concerned about the cosmetic preservative to avoid allergic reaction. Iodopropynyl butylcarbamate can be used as a preservative in the form of organic ingredient for cosmetic products.
Iodopropynyl butylcarbamate act as a preservative that are used as an industrial fungicide and in recent year iodopropynyl butylcarbamate are further combined with formaldehyde to act as a releasing agents for its use in cosmetics products. Fungicide are a type of biocidal chemical compounds or organisms that are used in industries or other purposes to destroy the fungi.
The products of iodopropynyl butylcarbamate fulfills the rules made by international regulations and can be effectively used to inhibit bacteria, yeast and mould in personal care products. Iodopropynyl butylcarbamate have a powerful effect in acid and hygienic towelette products such as disinfectant wipes, medical wipes and others.
Increasing consumer expenditure on beauty products such as lotion, hair dye, foundation and others is likely to fuel the demand for iodopropynyl butylcarbamate over the forecast period.
Iodopropynyl butylcarbamate are also used in various skin care products and the increasing demand of skin care products from personal care industry which is one of the fastest developing industry across the globe and has been majorly driven in specific by the cosmetics and skin care products.
Iodopropynyl Butylcarbamate works as a multifunctional agents with excellent efficiency in various industries such as food industry, paint industry, medical industry and in agriculture industry in the form of biostatic and fungistatic agents. In the same line, it has a wide broad-spectrum in antimicrobial effect which consist of various properties such as high purity liquid, soft preservative and others. With increasing developments in these industries is anticipated to bolster the growth of iodopropynyl butylcarbamate in upcoming future.
One of the major trends in accelerating the growth of the iodopropynyl butylcarbamate market, which can provide brilliant dry film and fungus protection for indoor and outdoor paints, wood anti-corrosion and adhesive coatings, is expected to increase demand from the paint and coating industry.
Iodopropynyl butylcarbamate can also be used in the metal fabrication industry as a metalworking fluid, as a potent fungicide in ink, and in lubricating oil. The rapid growth in the paint industry for iodopropynyl butylcarbamate is expected to improve the demand in the assessment period.
The Iodopropynyl Butylcarbamate market can be segmented based on application, and by end use industry.
Based on the Application Type, the prominent segments of Iodopropynyl Butylcarbamate are identified as:
Based on the End Use Sector, the prominent segments of Iodopropynyl Butylcarbamate are identified as:
The impact of the COVID-19 outbreak will have a clear and permanent change in the end use industries of iodopropynyl butylcarbamate market. Some of personal care players have responded positively to the crisis, with brands switching their production to manufacture hand sanitizers and cleaning agents and providing frontline response to consumers but COVID-19 has also negatively impact on Iodopropynyl Butylcarbamate market which substantially slow down the demand during the pandemic year.
In addition, there is also a need for more self-care and it is expected that the need for cosmeceuticals with organic ingredients that are claimed to have medicinal benefits would increase enormously; however its demand for other applications including paints & coatings, adhesives is expected decline during the lockdown period and is expected to gain traction by first half of 2021.
Hence, the growth of iodopropynyl butylcarbamate market is estimated to be low to moderate during the COVID-19 period.
Asia pacific is expected to experience the peak growth for iodopropynyl butylcarbamate across the world owing to increasing young age population in China and India which increases the demand for end use industries such as personal care and cosmetics.
Amid to growing prevalence of hair thinning, dryness and others among the consumers, the cosmetic segment is boosting the iodopropynyl butylcarbamate demand in the assessment period.
Iodopropynyl butylcarbamate market has seen sustainable growth in Europe. Particularly, the United Kingdom is among the leading three cosmetic consumers which are propelling iodopropynyl butylcarbamate market growth in Western Europe.
Owing to maximum usage of wood preservatives, paints and other household’s products, iodopropynyl butylcarbamate market has a great opportunity to increase the market in the upcoming years. North America is also expected to hold considerable share and witness significant growth in terms of consumption of iodopropynyl butylcarbamate in upcoming years.
Personal care industry is showing growth as compared to other end use industries in the assessment period owing to rapidly changing lifestyles, growing demand for organic ingredients, consumers are inclined towards organic personal care products and the same trend is expected to be continued during the forecast period.
Globally, the most active players of iodopropynyl butylcarbamate market like Lonza, Troy Corporation, Akema fine chemicals, Ashland specialty chemicals and others are the prominent manufacturers across the world.
The manufacturers are strongly embarking on improving quality, merger and products innovation by increasing the production sales and expansion capacity to meet the market demand. Moreover, this players merge with local players to gain dominance in local market.
List of some of the prominent market participants in Iodopropynyl Butylcarbamate market are:
“The research report on Iodopropynyl Butylcarbamate market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
The Iodopropynyl Butylcarbamate market report also contains projections using a suitable set of assumptions and methodologies. The research report on Iodopropynyl Butylcarbamate market provides analysis and information according to market segments such as of product type, by installation and by material and by application.
The Iodopropynyl Butylcarbamate market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Iodopropynyl Butylcarbamate market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The Iodopropynyl Butylcarbamate market report also maps the qualitative impact of various market factors on market segments and geographies.
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