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UV Nail Gel Market $59.31 Million by 2020


News provided by

MarketsandMarkets

07 Oct, 2015, 09:30 GMT

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PUNE, India, October 7, 2015 /PRNewswire/ --

The report, "UV Nail Gel Market by Chemistry (Acrylate, Methacrylate, Cyanoacrylate), and Regional Analysis (Asia-Pacific, North America, Europe, and ROW) - Global Trends & Forecasts to 2020" published by MarketsandMarkets, Global demand for UV Nail Gel is projected to reach $59.31 Million by 2020 at a CAGR of 6.5% from 2015 to 2020

Browse 42 market data Tables and 44 Figures spread through 93 Pages and in-depth TOC on "UV Nail Gel Market"

http://www.marketsandmarkets.com/Market-Reports/uv-nail-gel-market-28698197.html

Early buyers will receive 10% customization on this report. 

UV Nail Gel Market defines and segments the report with an analysis and forecast of by chemistry in terms of value.

"North America is the key market for UV nail gel due to the increasing fashion awareness and increase in per capita income. 

North America dominated the UV nail gel market in 2014 and accounted for over 53% of the market size, in terms of value. In terms of individual countries, the market is dominated by U.S. on account of increased demand for innovative and efficient products that can be applied to the nail care industry. U.K. is the second-largest UV nail gel consumer in the world. UV nail gel gives a shiny look and has a fast curing time. RoW is expected to witness the highest CAGR during the next five years due the low base effect. However, Asia-Pacific is expected to witness a prominent growth rate due to the increasing fashion awareness and increase in per capita income. These factors are expected to help to start a trend of nail gel use in the region.  Asia-Pacific market is expected to be primarily driven by Japan and China.

The factors driving the growth of UV nail gel market include the growth of nail care industry and advanced technology in fashion, affordability and durability, high growth of U.S. nail care industry and preference of gel over acrylics. This is a developing market due to growing demand for efficiency and superior properties of UV nail gel. However, restraints for UV nail gel markets are exposure to UV light, high competition from major players and use of acetone while removal of nail gels.

Download Free Sample Pages: http://www.marketsandmarkets.com/pdfdownload.asp?id=28698197

"Methacrylate dominate the UV nail gel market by chemistry" 

Methacrylate is the most commonly consumed UV nail gel, they accounted for 95% share of the total market size, in terms of value in 2014. Global demand for UV nail gel is projected to reach $59.31 Million by 2020. They are estimated to continue being the most consumed UV nail gel with the highest CAGR between 2015 and 2020. Methacrylate is followed by acrylate with a market share of 5% in the same year. The main utility of using UV nail gel is its durability which is not possible without methacrylate. This is because it acts as a bonding agent used in artificial nail products. This in turn increases the demand of methacrylate.

Browse Related Reports: 

Silicone Market by Type (Elastomers, Fluids, Resins, Gels & Other Products) by Application (Building & Construction, Chemical Industry, Medical & Personal Care, Automotive & Transportation, Plastics, Electrical & Electronics, Textile, Paper, Others) & by Region - Global Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/silicone-market-709.html

Personal Care Ingredients Market by Type (Surfactants, Conditioning Polymers, Emollients, Rheology Modifiers and Others) and by Application (Skin Care, Hair Care, Oral Care and Others) - Global Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/personal-care-ingredients-market-251972200.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Media Contact:
Mr. Rohan
MarketsandMarkets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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