Lucintel Forecasts Bismuth Oxychloride Market To Grow At A Cagr Of 4%-5%

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According to the recent study the bismuth oxychloride market is projected to grow at a CAGR of 4%-5% from 2020 to 2025. Growth in this market is primarily driven by increasing usage of bismuth oxychloride as a pigment in the cosmetic and paint industries and growing government regulations to restrict the use of lead in various end use industries.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in bismuth oxychloride market by application (cosmetics, automotive, pharmaceuticals, paint and coatings, and others), product type (industrial grade and cosmetic and pharmaceutical grade), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Cosmetic and pharmaceutical grade market is expected to remain the largest segment during the forecast period.”
Based on product type, the bismuth oxychloride market is segmented into industrial grade and cosmetic and pharmaceutical grade. ...
... Lucintel forecasts that the cosmetic and pharmaceutical grade is expected to witness the largest segment over the forecast period.
“Within the bismuth oxychloride market, the cosmetics segment is expected to remain the largest application”
Based on application, the cosmetics segment is expected to witness the largest application over the forecast period due of the usage of bismuth oxychloride as the main ingredient in various cosmetic products, like blush, powder foundation, eyeshadows, and others.
“Asia Pacific will dominate the bismuth oxychloride market in near future”
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period due to increasing expenditure on cosmetics and personal care products and growing urbanization in the region.
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Major players of bismuth oxychloride market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Geotech International, BASF, Satyam Pharma-Chem, Uni-Powder, Zhonglan Industry, Ava Chemicals, Omkar Specialty Chemicals, Vital Materials, Hangzhou Rebtech, Nanoshel, and Muby Chemicals are among the major bismuth oxychloride providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bismuth-oxychloride-market.aspx or helpdesk@lucintel.com
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Lucintel
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