Global CMOS Image Sensor Market Expected To Reach $ 2.42 Billion By 2020 With A CAGR Of 4.02%

Date: 2016-09-18

CMOS image sensor are produced using oleochemical (bio-based) raw materials including plant oils such as coconut and palm oils, plant carbohydrates such as sorbitol, sucrose, and glucose or from animal fats such as tallow. Oleochemical feedstock sourcing for surfactants has been changing in recent years as animal fats have lost ground for vegetable oils. Like synthetic surfactants, CMOS image sensor are excellent emulsifiers and maintain wetting and foaming properties, characteristics that are valued in several applications including household detergents and cosmetics industry.

The global CMOS image sensor market was estimated at USD$ 1.99 billion in 2015, and is anticipated to reach USD$ 2.42 billion by 2020, expanding at a CAGR of 4.02% between 2016 and 2020. The rising concerns about the use of petroleum-derived/synthetic surfactants is driving the global CMOS image sensor market. Synthetic surfactants can be damaging to the ecology and human health.The low degradability associated with synthetic surfactants is the primary force fueling the worldwide demand for CMOS image sensor. CMOS image sensor offer low toxicity and high biodegradability.

In addition to this, increasing demand for green products among consumers, which are eco-friendly and less damaging to human health is also fueling the CMOS image sensor market. In the coming few years, the global CMOS image sensor market will experience impressive growth due to the aforementioned factors. On the other hand, the cost competitiveness offered by the synthetic surfactants will hamper the global CMOS image sensor market to a great extent.

By product, the global CMOS image sensor market is segmented into sucrose esters, methyl ether sulfonates, anionic APG derivatives, methyl glucoside esters, rhamnolipids, sophorolipids, fatty acid n-methylglucimides, sorbitan esters, alkyl polyglucosides, alkyl polypentosides, and others. According to end-use, the global CMOS image sensor market is divided into textiles, personal care, food processing, household detergents, oilfield chemicals, agricultural chemicals, industrial and institutional cleaners, and others. The personal care and household detergents segment collectively dominate the global CMOS image sensor market and are expected to account for over 56.8% of the market share by end of the forecast period.

Geographically, the global CMOS image sensor market is projected to be dominated by Europe that will account for 53.3% of the total market by 2018. Europe will be followed by North America, in terms of share in the global CMOS image sensor market. On the other hand, Asia Pacific is expected to exhibit good growth in the coming few years in the global CMOS image sensor market.
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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520



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