Scope of the Study
Guaiazulene, which is also known as Azulon with chemical name as 1,4-dimethyl-7-isopropylazulene. It is a dark blue crystalline hydrocarbon, which is a kind of bicyclic sesquiterpene that is used as a constituent in some of the essential oils, usually in oil of guaiac and chamomile.There are various soft corals too that contain guaiazulene as their principal pigment. The low melting point of guaiazulene makes it difficult to handle, this nature of the substance is in contrast to the crystalline nature of the parent substance azulene. The structures and colours of guaiazulene and azulene are quite similar to each other. Guaiazulene is a cosmetic colour additive that is approved by the US FDA. Its 3-sulfonate is a component used in some of the skin care products combined with some sort of skin soothing compounds like Allantoin.
The market study is being classified by Type (>= 99 and < 99), by Application (Bath Products, Cleaning Products, Hair Products, Skin Care Products, Medicines and Others) and major geographies with country level break-up.
Foreverest Resources Ltd(China), Wuhan W&Z Biotech Co., Ltd. (China), Aurobindo Pharma(India), Spectrum Chemical Manufacturing Corp.(United States), Chemos GmbH & Co. KG (Germany), Kowa Co. Ltd.(Japan), CM Fine Chemicals (Switzerland), Carbone Scientific Co., Ltd.(United Kingdom), AK Scientific, Inc.(United States) and Capot Chemical Co., Ltd (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Jiangsu Dahua Chemical Industrial Co., Ltd. (China), Caesar & Loretz GmbH(Germany) and Xingrui Industry Co., Limited (China).
Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Guaiazulene market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Guaiazulene market by Type, Application and Region.
On the basis of geography, the market of Guaiazulene has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Guaiazulene from Different Industry Verticals
- Demand for Customized Personal and Healthcare Products
Market Trend
- Rising Demand of Cosmetic Products
- Technological Innovations and Rising Population
Restraints
- Government Safety Regulations Regarding Chemical Usage
Opportunities
- Increase in Research and Development of Chemical and Cosmetic Industry
Challenges
- Any Sort of Side Effects Related to Guaiazulene
The FDA U.S ,Department Of Health And Human Services, gave regulations for Guaiazulene as the color additive, guaiazulene , is principally 1,4-dimethyl-7-isopropyl-azulene. Guaiazulene shall conform to the certain specifications and shall be free from impurities,to the extent that such other impurities may be avoided by good manufacturing practice.Guaiazulene may be safely used in externally applied cosmetics in amounts consistent with good manufacturing practice. The label of the color additive and any mixtures prepared there from intended solely or in part for coloring purposes shall conform to the requirements of the regulation. Certification of this colour additive for the prescribed use is not necessary for the protection of the public health and therefore batches thereof are exempt from the certification requirements of section 721(c) of the act.
Key Target Audience
Manufacturers of Guaiazulene, Suppliers of Guaiazulene, Pharmaceuticals Industry, Chemical Industry and Regulatory Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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