Homosalate Market

Q: What is the key restraining factor for the global homosalate market?

Stringent government regulations on the use of homosalates Read More

Q: What are the drivers of homosalate market ?

Increasing demand for personal care products and cosmetics Read More

ID: MRFR/CnM/9526-HCR

110 Pages

Anshula Mandaokar

October 2025

Homosalate Market Research Report by purity (less than 98% and more than 98%), by application (cosmetics, pharmaceuticals, and others, and by region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Forecast till 2035

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Summary Table of Contents Segmentation Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Homosalate Market Summary

The global Homosalate market is projected to grow from 129.6 USD Million in 2024 to 268.2 USD Million by 2035, reflecting a robust growth trajectory.

Key Market Trends & Highlights

Homosalate Key Trends and Highlights

The global Homosalate market is valued at 129.6 USD Million in 2024.
By 2035, the market is expected to reach 268.2 USD Million, indicating substantial growth.
The compound annual growth rate (CAGR) for the period from 2025 to 2035 is projected at 6.83%.
Growing adoption of sunscreen products due to increasing awareness of skin protection is a major market driver.

Homosalate Market

CAGR

6.83%

Market Size & Forecast

2024 Market Size	129.6 (USD Million)
2035 Market Size	268.2 (USD Million)
CAGR (2025-2035)	6.83%

Major Players

Spectrum Chemical Manufacturing Corporation, Hongda Group, Yue Yang Dong Run Chemical, Ampak Company, ATK Chemical, Natural micron chem tech

Homosalate Market Drivers

Rising Demand for Sunscreen Products

The Global Homosalate Market Industry experiences a notable increase in demand for sunscreen products, driven by heightened awareness of skin protection against UV radiation. As consumers become more informed about the harmful effects of sun exposure, the market for effective sun protection agents like homosalate expands. In 2024, the market is projected to reach 129.6 USD Million, reflecting a growing preference for products containing this ingredient. This trend is likely to continue as the global population increasingly prioritizes skin health, suggesting a robust growth trajectory for the industry.

Future Outlook

Homosalate Market Future Outlook

The Global Homosalate Market is projected to grow at a 6.83% CAGR from 2024 to 2035, driven by increasing consumer awareness and regulatory support for safe sun protection products.

New opportunities lie in:

Develop innovative formulations targeting sensitive skin demographics.
Expand distribution channels in emerging markets to capture untapped consumer bases.
Leverage digital marketing strategies to enhance brand visibility and consumer engagement.

By 2035, the Homosalate Market is expected to achieve robust growth, solidifying its position as a key player in the sun care industry.

Market Segmentation

Drivers

Increasing demand for pharmaceuticals: Homosalate is used to manufacture insecticides, hypnotic drugs, and other pharmaceuticals. Homosalate is a standard body lotion, soap, anti-ageing cream, acne cream, hair dye, and shampoo.
Increasing demand for personal care products and cosmetics: The cosmetics industry is the biggest consumer of homosalate, producing the most demand for the chemical and is expected to drive the global market. Homosalate is a common chemical ingredient in some brands of sunscreen and lip balm that completely blocks UV-B rays from the sun to protect the skin against harmful radiation.

By Purity

More than 99%
Less than 98%

By Region

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

Opportunity

High demand from various industries such as paints & coatings, plastics, printing inks , and paper: Homosalate is used in the paints industry for its UV-protection properties. Similarly, it has a wide range of applications in plastic, plastics, printing inks, and the paper industry.

By Application

Others
Pharmaceuticals
Cosmetics

Intended Audience

Digital communication
Aerospace & Defense sector
Broadcast sector
Industrial sector

Objectives of the Study

To gain insights into the key country/region in which the market is growing
To gain information regarding the key players in the industry, their product portfolio, strategies, and key developments
To get wide-ranging information about the key factors driving the market and market opportunities
To get a comprehensive overview of the global homosalate market

Report Scope

Report Attribute/Metric	Details
Market Size	2030: 197.6 million
CAGR	6.3% CAGR (2022-2030)
Base Year	2021
Forecast Period	2022-2030
Historical Data	2019-2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Material Type, Application, and End-Use Industry
Geographies Covered	North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Key Vendors	Spectrum Chemical Manufacturing Corporation, Hongda Group, Yue Yang Dong Run Chemical, Ampak Company, ATK Chemical, and Natural micron chem tech
Key Market Opportunities	• High demand from various industries such as paints & coatings, plastics, printing inks, and paper.
Key Market Drivers	• Increasing demand for personal care products and cosmetics • Increasing demand for pharmaceuticals.

Market Highlights

Author

Anshula Mandaokar

Team Lead - Research

Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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FAQs

What would the growth rate global homosalate market register in the future?

The global homosalate market would register a growth of 6.3%.

Which industry will play a crucial role in the homosalate market ahead??

The cosmetics industry will play a crucial role in the homosalate market ahead.

What is the key restraining factor for the global homosalate market?

Stringent government regulations on the use of homosalates

Who are the key players of homosalate market ?

Spectrum Chemical Manufacturing Corporation, Hongda Group, Yue Yang Dong Run Chemical, Ampak Company, ATK Chemical, and Natural micron chem tech are the major shareholders in the global homosalate market.

What are the drivers of homosalate market ?

Increasing demand for personal care products and cosmetics

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