BISMUTH OXYCHLORIDE MARKET ANALYSIS

Market Challenges And Opportunities

Bismuth Oxychloride Market: Growth drivers

Increase in electric vehicles and other body parts

As the prices of petrol and diesel are rising, the demand for electric vehicles is increasing. Countries are trying to reduce carbon emissions. Bismuth oxychloride is widely used in automotive industries for paintings. An increase in electric vehicles and other body parts will boost the growth of bismuth oxychloride in the automotive market. 

Demand for plastic materials in many industrial applications

Bismuth oxychloride is used as a pigment or plastic additive in the production of plastic materials such as plastic sheets, furniture, extruder masses, injection molding, and toys for a smooth surface. It is also used in synthetic fibers, hard wax sealants, translucent plastic molding compounds, and solvent-based and water-soluble paints to give a glossy effect. The demand for plastic materials in many industrial applications and the automotive industry is increasing. This will drive the growth of the bismuth oxychloride market.

Bismuth Oxychloride Market: Market Restraints

Side effects of bismuth oxychloride

Cosmetic companies claim that bismuth oxychloride is natural and better on the skin than talc. But the journal which was published by Auctores Online says that talc is more unadulterated, pure, and natural than bismuth oxychloride. Due to the molecular crystalline shape of bismuth oxychloride, it causes acne flare-ups and skin irritation. After using bismuth oxychloride products many have experienced itching. This can restrain the growth of the bismuth oxychloride market.