Water is a great solvent. It’s neutral and doesn’t provide any strong positive or negative effects. It just helps components to mix better and to transport active components.
Caprylic/Capric Triglyceride is an emollient that also hydrates the skin without leaving a fatty film. When applied, the component feels smooth and light. In haircare products, it’s also used for hydrating purposes. It makes hair silky, lowers tangling, and makes hair smooth.
It’s safe for most people, except for people with allergic reactions to coconut or palm oil because these oils are usually used for producing the component.
Avobenzone is the only chemical UV-protection component with a broad spectrum coverage. It can help to block both UVA I and UVA II rays. It's safe and it is allowed to use at a 3% concentration in the USA and a 5% concentration in the EU countries.
There is one problem: avobenzone loses efficiency when exposed to the sun. If you are outside, it loses 36% of its ability to block UV rays an hour after application. That's why it's recommended to reapply sunscreen every 2 hours.