Global Bismuth Oxychloride Market Overview:
Bismuth Oxychloride is inorganic in nature and is also called synthetic pearl. Bismuth Oxychloride is found in nature as the rare mineral bismoclite, which is part of the matlockite mineral group. It is used as a color additive in many products like drugs, coatings, printing ink, and automotive paints. When it comes to cosmetics; it is used in products like blush, powder foundation, eyeshadow, and bronzer. It removes wrinkles and age spots. Bismuth Oxychloride is produced by mixing bismuth which is a by-product of lead and copper metal refining, with chloride and water. It can also be found as a bulking agent in liquid formulations. Some of the players profiled in the study are BASF (Germany), Bismuth Oxychloride (Netherlands), Uni-powder (China), Zhonglan Industry Co., Ltd. (China), Omkar Speciality Chemicals (India), Santa Cruz Biotechnology, Inc. (United States), Ava Chemicals Pvt. Ltd. (India), Vital Materials Co., Limited (China), Nanoshel LLC (United States) and Muby Chemicals (India).
On the basis of geography, the market of Bismuth Oxychloride 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Bismuth Oxychloride market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Demand Clean Energy Utilization and Environmental Purification in Various Industries
- Need for Stable Chemical and Optical Properties in Additive Applications
Influencing Trend
- Increasing Consumption of Bismuth Oxychloride in Paints and Wax Sealants
Restraints
- Rising Concerns About Side Effects of Bismuth Oxychloride
Opportunities
- Growing Research and Development Spending on Bismuth Oxychloride for the Application in Cosmetics Industry
- Surging Demand Of Bismuth Oxychloride in Coatings Industry
Challenges
- Increasing Adoption of Herbal Based Alternatives to Bismuth Oxychloride
Key Market Developments:
In Jan 2020, researchers at Lovely Professional University (LPU), Punjab announced that they have developed an efficient, economical, and environment-friendly technology that uses sunlight to degrade toxic liquid waste. This technology uses sunlight and bismuth oxychloride, a new photocatalyst to purify the toxic chemicals. The technology uses sunlight to destroy dyes by degrading them.
According to FDA, bismuth oxychloride for use as a color additive, should not contain Lead more than 20ppm, arsenic not more than 3ppm, mercury not more than 1ppm and volatile matter, not more than 0.5%.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Bismuth Oxychloride Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Bismuth Oxychloride market on the basis of product [Industrial Grade, Cosmetics Grade and Reagent Grade] , application [Additive in plastic, Cosmetics, Paints and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Bismuth Oxychloride market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Bismuth Oxychloride industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are
.** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Bismuth Oxychloride market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.