Octyl Methoxycinnamate, Ethylhexyl Methoxycinnamate or octinoxate is an organic compound that is an ester, insoluble in water, formed from methoxy cinnamic acid 2-ethyl hexanol. According to BlueQuark Research & Consulting, the global Octyl Methoxycinnamate market is expected to witness significant growth during the forecasted period. Factors like the increasing use of Octyl Methoxycinnamate in manufacturing Sunscreens and other UV-absorbing personal goods are expected to drive the Octyl Methoxycinnamate market in the forecasted period. Further, the use of Octyl Methoxycinnamate to manufacture personal care goods like hair dye, shampoo, etc., is projected to drive the global Octyl Methoxycinnamate market in the forecasted period. Furthermore, its use as a pharmaceutical cream to treat Acne related problems is expected to drive the global Octyl Methoxycinnamate market in the forecasted period. However, factors like the quick absorption of Octyl Methoxycinnamate in the skin and then into the bloodstream and stringent government regulations regarding Octyl Methoxycinnamate are expected to hinder the global market growth in the forecasted period.

Octyl Methoxycinnamate is used as a standard sunscreen, body lotions, soaps, anti-aging creams, aftershaves, acne creams, makeup foundation, hair dye, shampoo, and lip balm. It is also used to manufacture insecticides, hypnotic drugs, antihistamines, and other pharmaceuticals.

The Personal Care industry is the biggest consumer of Octyl Methoxycinnamate, producing the most demand for the chemical and is expected to drive the global market. Octyl Methoxycinnamate 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. Skincare products with Octyl Methoxycinnamate include face creams, hand and body lotions, sun care products, and facial treatment products. The consumption of Octyl Methoxycinnamate-based skin products has become high due to the commonly found hectic lifestyle and the pollution that damages human health and skin globally. The chemical sun-blocking agent octyl methoxycinnamate absorbs UV radiation in the Ultra Violet-B range. Octyl methoxycinnamate is a chemical constituent used in specific sunscreen and lip balm brands that protect the sun from UV-B rays to prevent the skin from dangerous radiation. Further, Men's grooming has become a critical mainstream segment in the past few years, and this industry is estimated to grow further, driving the global Octyl Methoxycinnamate market. Furthermore, rising awareness regarding sunscreen lotions and creams is projected to fuel the demand further for Octyl Methoxycinnamate. Growing demand for sunscreen is predicted to propel the market for sunscreen products within the forecasted timeframe, as customers are rising aware of healthier skin. In exchange, this is awaited to fuel consumer demand for octyl methoxycinnamate. Sunscreen is the leading segment of the personal care market. Face creams, skin care products, hand and body lotions, and face treatment products are included in the Sunscreen products. Usage of skin products based on octyl methoxycinnamate has been intense owing to factors such as hectic lifestyle, human health, and skin injury from pollution. Leading Consumer Goods Company, The Edgewell Personal Care Company posted net sales of USD 573.7 Million and an 18.6% year-on-year increase showing the growth in the market. Increasing global temperatures and booming population have increased the need for sunscreens by the consumers and the demand for coatings that prevent UV rays from causing any harm to the goods on which the layers are applied. All the factors add up to the increased need and demand for Octyl Methoxycinnamate in the market. 

Asia-Pacific region is expected to be the leader in the production and consumption of Octyl Methoxycinnamate, with most of the consumption in countries like China and India. The region's demand for personal care products, cosmetic products, and pharmaceuticals is enormous since more than half of the world's population lives there. The continuous and rapid growth in the industries such as skincare and cosmetics care in the Asia Pacific region is expected to drive the demand for Octyl Methoxycinnamate in producing various consumer products. The growth factors of the global Octyl Methoxycinnamate market are increasing demand for the cosmetics industry in developed countries, evolving habits, and rising disposable incomes of customers. Since it is mainly utilized in sunscreens and other cosmetics to absorb UV-B rays from the sun, preventing the skin from being damaged, it is the primary growth factor in the global octyl methoxycinnamate industry. The growing perception of sunscreen lotions and creams is expected to boost demand for octyl methoxycinnamate over the next few years. Changes in lifestyles and surges in consumer disposable revenue are expected to drive the personal care industry, especially in appearing economies like China, India and Brazil, thus increasing the market for octyl methoxycinnamate. In addition, developing economies such as China, India, and others will provide new prospects for the global demand for octyl methoxycinnamate. In exchange, this is expected to propel consumer demand for octyl methoxycinnamate. Moreover, the use of Octyl Methoxycinnamate as a critical sunscreen manufacturing component is expected to drive sales in the region since the growing population demands more sunscreen. Growing demand from the Asia-Pacific region for better personal care, cosmetics, and medical products has made Octyl Methoxycinnamate an essential material for the region's growth. Factors like these have made Asia-Pacific a critical area for growth in the Octyl Methoxycinnamate market. 

Some of the market's key players are Spectrum Chemical Manufacturing Corporation, Hongda Group Company Ltd., Everlight Chemical Industrial Corp., MFCI Co. Ltd., American International Chemical LLC, and Universal Esters Ltd, among others.

Global Octyl Methoxycinnamate Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Octyl Methoxycinnamate market by segmenting based on the Type (Assay (Less than 98%), Assay (98%-99%), Assay (More than 99%)), Application (Sunscreens, Hair Products, Lip stick, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.