Bismuth Oxychloride Market: Global Industry Analysis, Size, Share, Growth, Trends

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 Bismuth Oxychloride: Introduction

• Bismuth oxychloride is an inorganic compound primarily used as a pigment in cosmetics and paints industries. It is the primary ingredient included in most powders that are referred to as ‘mineral makeup.’
• Bismuth oxychloride is the main ingredient in cosmetic products such as blush, powder foundation, eyeshadow, and bronzer. It is widely used in cosmetic products owing to its large, plate-like chemical structure, which provides bismuth oxychloride light wave interference effects.
• Bismuth oxychloride, which is rarely found in nature, is produced by mixing bismuth, a by-product of lead and copper metal refining, with chloride (a chlorine compound) and water. It is ideal for usage in cosmetics due to its distinct shimmery, pearlescent appearance, and a fine white powder texture that adheres well to skin.

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Key Drivers of Bismuth Oxychloride Market

• According to a report published by Cosmetics Europe in 2019, the  cosmetic industry in Europe was valued at US$ 89.37 Bn. Of this, Germany (US$ 15.68 Bn), France (US$ 13.47 Bn), the U.K. (US$ 12.08 Bn), Italy (US$ 11.62 Bn), Spain (US$ 7.88 Bn), and Poland (US$ 5.44 Bn) were the major contributors in 2019. The cosmetic & personal care industry in Europe is estimated to expand owing to increase in investment from outside the EU region and rise in R&D activities. This, in turn, is projected to boost the bismuth oxychloride market.
• Bismuth oxychloride is used in various applications. It is used as plastic additive or pigment in the production of plastic materials such as furniture, toys, injection molding, extruder masses, and plastic sheets where smooth surface is required. It is also incorporated into hard wax sealants, solvent-based and water-soluble paints, synthetic fibers, and translucent plastic molding compounds to provide glossy effects. Usage of bismuth chloride as plastic additive provides unique advantages, as gloss and pearlescent effect provided by bismuth oxychloride in plastic materials is not lost when the plastic materials are subjected to high shear forces during pressing, extruding, or injection molding. Increase in demand for plastic materials in automotive and other industrial applications is estimated to propel the global bismuth oxychloride market.
• Growth in the paints & coatings industry is another factor driving the bismuth oxychloride market. Bismuth oxychloride provides rich, satin, luster; and luxurious touch to any metallic and non-metallic surface. It is also widely used in automotive paints. Demand for electric vehicles is estimated to increase in the near future owing to rise in prices of petrol and diesel. Countries across the globe are striving to reduce carbon emission. Consumption of bismuth oxychloride-based paints is estimated to rise during the forecast period owing to the increase in production of electric vehicles, body parts, and other auto components.

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Key Restraints of Bismuth Oxychloride Market

• Consumers are increasingly using herbal and medicinal products owing to the rise in concern about the side effects of inorganic compounds such as bismuth oxychloride in cosmetics. Xanthohumol, one of the herbal alternatives to bismuth oxychloride, is primarily used in shampoos, moisturizer creams, and sunscreen creams. Bismuth oxychloride was permanently listed by the FDA as a coloring agent and synthetic ingredient in 1977. However, cosmetic companies claim that bismuth oxychloride is natural and better for skin than talc. According to the journal published by Auctores Online, talc is a more natural, unadulterated, and pure ingredient than bismuth oxychloride. It causes skin irritation and acne flare-ups. Bismuth oxychloride  has molecular crystalline shape. Many individuals have experienced itching from using products containing bismuth oxychloride. This, in turn, is projected to hamper the bismuth oxychloride market.

Key Manufacturers Operating in Market

Key manufacturers operating in the global bismuth oxychloride market include:

• Geotech International B.V
• BASF SE
• Santa Cruz Biotechnology, Inc.
• Uni-Powder
• Zhonglan Industry Co., Ltd.
• Omkar Speciality Chemicals
• Ava Chemicals Pvt. Ltd.
• Vital Materials Co., Limited
• Hangzhou Rebtech Novel Material Co., Ltd.
• Nanoshel LLC
• Muby Chemicals
• Zhejiang XinMingzhu Pharmaceutical Co., Ltd.
• Haihang Industry Co., Ltd
• ORRION CHEMICALS ORGAFORM

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Global Bismuth Oxychloride Market: Research Scope

Global Bismuth Oxychloride Market, by Application

• Additive in Plastic Industry
• Nonleaded Pigments and Cosmetics
• Glossy Artificial Pearl
• Dry-cell Cathode
• Others

Global Bismuth oxychloride Market, by End-use Industry

• Pharmaceutical
• Oil & Gas
• Paints & Coatings
• Others

Global Bismuth oxychloride Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia & CIS
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

The sustainability aspects have dramatically changes the raw material sourcing strategies for many businesses in the Bismuth Oxychloride market. Players have become more responsible toward reducing or managing the waste, are adopting material informatics equipped with artificial intelligence (AI), and adopting energy-efficient production processes in order to maximize returns on invested capital.

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