– The lubricating and coating qualities of petroleum jelly make it popular in the cosmetics and telecommunications sectors. Petrolatum provides excellent corrosion prevention and can be used in both dry and wet situations.
– Increasing use of petroleum jelly in over-the-counter (OTC) skin protective creams for the treatment of conditions such as toenail fungus, genital rashes, nosebleeds, diaper rashes and the common cold.
ALBANY, NY, October 14, 2021 / PRNewswire / – In the management of epistaxis, petroleum jelly is used. It is also found in hair and skin cosmetics. Hair pomades, which keep hair shiny, also contain petroleum jelly. Vaseline is used on non-stainless steel blades, metal knickknacks, and gun barrels in industrial devices as an anti-corrosion coating. Due to its water resistance qualities, petroleum jelly can be applied as a top coat on smooth leather and wood items. Its intensive use is likely to support the growth of the global petroleum jelly market in the years to come.
One of the most important ingredients in the production of cosmetics is petroleum jelly. The thickness of the petroleum jelly acts as a barrier, preventing the build-up of dirt. This function helps prevent skin damage caused by dirt. Plus, using petroleum jelly on the skin prevents dry skin from peeling and is great for sensitive skin. The booming cosmetics industry is expected to support the demand for petroleum jelly in the cosmetics industry.
The global petroleum jelly market is expected to grow at a CAGR of 4.26% during the forecast period, 2021 to 2031. The market is expected to reach the valuation of $ 716.9 Mn until 2031.
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Main conclusions of the market report
The exceptional characteristics of petroleum jelly make it valuable in the telecommunications industry, which is likely to work in favor of the global petroleum jelly market. It is used as a cable filler material to prevent moisture from entering the cables. The dielectric characteristics of petroleum jelly extend the life of fiber optic cables and copper telephone lines. Its excellent dielectric properties, water resistance and high melting point prevent deterioration of traditional copper telephone cables (JFTC) and optical fiber cables (OFC), thus prolonging their service life.
Due to the expansion of residential broadband connections, the demand for fiber optic cables is expected to increase. The need for cables is being boosted by the use of remote work solutions by many organizations in the wake of the COVID-19 outbreak. As a result, the growing number of consumers using the internet is expected to boost the development prospects of the global petroleum jelly market.
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Topical skin protectors containing petroleum jelly are used in the treatment of itchy, scaly, rough, dry and mild skin irritations. It helps to remove dead skin cells. It also hydrates the skin. Vaseline helps heal wounds, relieve diaper rash, prevent blisters, and treat psoriasis and eczema. Atopic dermatitis (eczema) in newborns and babies can also be treated with petroleum jelly. Vaseline can also be used as a home treatment to get rid of lice in the hair. Vaseline, according to dermatologists at the American Academy of Dermatology, can help relieve first-degree burns, sunburns, and small wounds from a shard of glass or a sharp knife. It prevents the wound from drying out by keeping it moist. As a result, it helps prevent the formation of a scab on the wound. The increasing demand for the treatment of various skin conditions is expected to fuel the development of the global petroleum jelly market in the coming years.
Petroleum jelly market: engines of growth
As a battery terminal compound, petroleum jelly can be used. When used on battery terminals and cable ties, it protects them from corrosion. The hydrophobic nature of petroleum jelly allows it to function as a barrier against moisture. It also keeps the battery terminals clean, which helps keep the battery in top working condition.
Petrolatum can be used in a range of applications which include lubricating food preparation machines and protecting metals. As a result, petroleum jelly improves the quality of food production.
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Petroleum Jelly Market: Main Competitors
Some of the major market players are
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Petroleum jelly market: segmentation
Cosmetics and personal care
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