UV Filter Market Size & Growth Report to 2030

The global UV filter market size is anticipated to grow at a significant CAGR of around 6% during the forecast period from 2023 to 2030. The market is driven by a heightened awareness of the harmful effects of ultraviolet (UV) radiation, especially in skincare and sun protection. With a rising incidence of skin cancer globally, UV filters are essential components in sunscreens and skincare products. Their applications extend to healthcare for sterilization, reflecting a broader emphasis on hygiene. Ongoing advancements in UV filter technologies contribute to product innovation, meeting stringent regulatory standards in regions like North America and Europe. The beauty and personal care industry’s growth, coupled with consumer preferences for anti-aging products, propels the demand for UV filters in cosmetic formulations. Additionally, increasing disposable income, urbanization, and a global surge in outdoor activities contribute to the expanding market, with UV filters playing a crucial role in various sectors, including automotive, aerospace, and photography.

Market Snapshot:

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Market Drivers:

Increasing Awareness of UV Protection: The rising awareness of the detrimental effects of ultraviolet (UV) radiation on human health, particularly skin and eyes, has been a pivotal driver for the UV filter market. Consumers are becoming more conscious of the importance of incorporating UV filters into their daily skincare routines and sun protection measures.

Rising Incidence of Skin Cancer: The alarming increase in the prevalence of skin cancer cases globally has become a compelling factor propelling the demand for UV filters. As a crucial component of sunscreens and skincare products, UV filters are seen as essential in preventing skin damage and reducing the risk of skin cancer.

Expanding Application in Healthcare: UV filters find extensive application in healthcare settings, where they are integral to sterilization and disinfection processes. The heightened focus on hygiene, infection control, and the ongoing global health challenges have spurred the adoption of UV filter technologies in various healthcare applications.

Advancements in UV Filter Technologies: Ongoing research and development efforts in the field of UV filter technologies have led to the introduction of innovative and more efficient UV filters. These advancements not only enhance protection but also contribute to the versatility and applicability of UV filters in various industries.

Growth in the Beauty and Personal Care Industry: The beauty and personal care industry’s robust growth, coupled with consumers’ increasing emphasis on anti-aging and skincare products, has driven the demand for UV filters. These filters are integral to formulations of cosmetic products, including sunscreens, lotions, and anti-aging creams.

Stringent Regulatory Standards: Regulatory bodies in regions such as North America and Europe have implemented stringent standards for UV protection in personal care products. Compliance with these regulations has driven manufacturers to incorporate effective UV filters in their formulations, ensuring product safety and efficacy.

Technological Innovations in Sunscreen Products: Ongoing technological innovations in sunscreen formulations, such as water-resistant and long-lasting products, have fueled the demand for advanced UV filters. Consumers seek products that offer not only enhanced protection but also improved user experience and convenience.

Growing Outdoor Recreation Activities: The increasing participation in outdoor recreational activities has heightened awareness of the need for UV protection. Products like sports sunscreens, which incorporate UV filters, have gained popularity, catering to individuals engaged in outdoor sports and leisure activities.

Market Insights:

The global UV filter market is bifurcated into product type, application, and geography. On the basis of application, the market is further segmented into personal care, photography, medical, and others. The personal care segment is estimated to hold the significant revenue share of the global market in the benchmark year 2022. The personal care segment, particularly in skincare and sun protection products, is often considered a dominant and significant segment within the UV filter market. The increased awareness of the adverse effects of UV radiation on the skin has driven consumers to prioritize UV protection in their daily skincare routines. Sunscreen formulations, which heavily rely on UV filters, are in high demand globally. Additionally, the beauty and personal care industry’s rapid growth, coupled with a surge in anti-aging product preferences, has further propelled the demand for UV filters in this segment.

Personal Care: UV filters are extensively used in personal care products, especially in sunscreens, lotions, and creams. The growing awareness of the harmful effects of UV radiation on the skin has driven the demand for UV filters in various skincare formulations, contributing significantly to the personal care segment.

Photography: In photography, UV filters serve as protective accessories for camera lenses. They help reduce haze and improve image clarity by blocking ultraviolet light. The global expansion of the photographic industry has led to sustained demand for UV filters among photographers and enthusiasts.

Medical: UV filters play a crucial role in medical applications, particularly in sterilization and disinfection processes. The healthcare sector utilizes UV filters to ensure the safety of equipment, surfaces, and environments, contributing to infection control and hygiene practices.

Others: The “Others” category encompasses a range of diverse applications. This could include sectors such as water treatment, air purification, automotive (e.g., UV-protective coatings for windows), and aerospace. UV filters find utility in various industries beyond personal care, photography, and healthcare, showcasing their versatility and cross-sectoral relevance.

The UV filter market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Product Type:

• Organic
• Inorganic

By Application:

• Personal Care
• Photography
• Medical
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific dominated the global UV filter market in the benchmark year 2022 and estimated to grow at a significant CAGR over the forecast period. Countries like China, Japan, South Korea, and India have witnessed substantial growth in the beauty and personal care industry. Rising disposable incomes, an increasing focus on skincare, and changing lifestyle patterns have fueled the demand for UV filters in sunscreens and skincare products.

Moreover, the prevalence of intense sunlight in many Asia-Pacific countries has heightened awareness about the need for UV protection, further boosting the market. The region’s large population provides a vast consumer base, contributing significantly to the demand for personal care products containing UV filters. Additionally, regulatory standards and product innovations in the cosmetic and personal care industry have played a role in shaping the dominance of the Asia-Pacific region. However, market dynamics can evolve, and it’s advisable to refer to the latest market reports for the most current insights into regional dominance in the UV filter market.

Competitive Assessment:

Some of the prominent market players operating in the global UV filter market are BASF SE, Symrise AG, DSM Nutritional Products, Ashland Global Holdings Inc., Salvona Technologies LLC, and Croda International Plc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Recent Developments:

• In 2023, BASF announced the expansion of its UV filter production capacity at its Grenzach and Ludwigshafen sites in Germany to meet the growing demand for UV filters globally.
• In 2023, Croda International Plc launched CrodaSol PAW, a new UV filter with broad-spectrum protection and high photostability, designed for use in personal care products.
• In 2023, Sunjin Beauty Science Co. Ltd. unveiled a new line of UV filters made from natural ingredients, aiming to cater to the growing demand for sustainable and eco-friendly products.
• In 2022, Ashland Inc. completed the acquisition of the UV filter business of ISP Corporation, expanding its portfolio of UV filters and strengthening its position in the market.
• In 2022, Novacyl SA launched a new generation of UV filters with improved performance and reduced environmental impact.

Key Companies:

• BASF SE
• Symrise AG
• DSM Nutritional Products
• Ashland Global Holdings Inc.
• Salvona Technologies LLC
• Croda International Plc
• Sunscreens India Pvt. Ltd.
• Everlight Chemical Industrial Corporation
• Uniproma Chemical Co., Ltd.
• Salicylates and Chemicals Pvt. Ltd.
• UV Absorber Scientific Consulting (UASC)
• Hangzhou Sino-Holding Chemicals Co., Ltd.

Key Questions Answered by UV Filter Market Report

• Global UV filter market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• UV filter submarket forecasts from 2023-2030 covering the market by product type, application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level UV filter markets from 2023-2030
• Competitive Landscape and market positioning of top 10 players operating in the market