Bismuth Oxychloride Market 2021 | Demand, Opportunities ,Size & Forecast To 2028
Introduction to Bismuth Oxychloride Market
Bismuth oxychloride is an inorganic chemical that is largely utilised in the cosmetics and paint industries as a pigment. It's the main element in most powders marketed as "mineral makeup."
Cosmetics such as blush, powder foundation, eyeshadow, and bronzer include bismuth oxychloride as the principal ingredient. Because of its broad, plate-like chemical structure, which produces bismuth oxychloride light wave interference effects, it is commonly employed in cosmetic items.
Bismuth oxychloride is made by mixing bismuth, a by-product of lead and copper metal processing, with chloride (a chlorine compound) and water to generate bismuth oxychloride, which is rare in nature. It has a shimmering, iridescent look and a thin white powder texture that adheres nicely to skin, making it perfect for use in cosmetics.
Key Drivers of Bismuth Oxychloride Market
The European cosmetics sector was valued at US$ 89.37 billion. Germany ($ 15.68 billion), France ($ 13.47 billion), the United Kingdom ($ 12.08 billion), Italy ($ 11.62 billion), Spain ($ 7.88 billion), and Poland ($ 5.44 billion) were the top contributors in 2019. Because of increased investment from outside the EU zone and increased R&D efforts, the cosmetic and personal care business in Europe is expected to grow. As a result, the bismuth oxychloride market is expected to grow.
Bismuth oxychloride has a wide range of applications. It's utilised as a plastic additive or pigment in the production of smooth-surfaced plastic goods like furniture, toys, injection moulding, extruder masses, and plastic sheets. It's also used to create glossy effects in hard wax sealants, solvent-based and water-soluble paints, synthetic fibres, and translucent plastic moulding compounds. The gloss and pearlescent appearance generated by bismuth oxychloride in plastic materials are not lost when the plastic materials are subjected to strong shear forces during pressing, extruding, or injection moulding, making bismuth chloride a unique plastic additive. The global bismuth oxychloride market is expected to grow due to increased demand for plastic materials in automotive and other industrial applications.
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