• ASSO
• 2022-05-22
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Carbomer Market

ASSO International Consulting Co., Ltd: The global production of Carbomer will exceed 100,000 tons by 2030, and the market size will be US$1.3 billion!

Carbomers are acrylic acid polymers that are used for a variety of purposes. They are used in pharmaceutical processes as suspending agents, gel bases, emulsifiers, and binding agents. Carbomer is one of the most important raw materials for personal care products. Lucas, chief analyst of ASSO International Consulting Co., Ltd, pointed out that with the expansion of the global middle class, the global demand for carbomer shows a moderate growth trend. Lucas, chief analyst at ASSO International Consulting Co., Ltd, believes that global demand for carbomer will exceed 100,000 tons by 2030.

Source: ASSO International Consulting
 
ASSO International Consulting pointed out that the industry is highly concentrated, with Lubrizol, Tinci Materials, SNF Floerger, Newman Fine Chemical, Evonik, Sumitomo Seika, Corel occupying a large market share, among which Lubrizol occupies an absolute market share. Carbomer is mainly divided into carbomer 940, carbomer 980, carbomer 676, carbomer SF-1, carbomer U20, carbomer U21, carbomer 934 and other types. Carbomer 940 is the most common product type. In terms of consumption regions, Asia holds the absolute market share, while personal care accounts for more than 70% of the application share of carbonomer.
 
Figure Production of Carbomers by Regions 2017-2030

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