Press release
Cosmetic Antioxidants Market to Expand at a 7.3% CAGR with Prominent Players like Ashland Global Holdings, Wacker Chemie, Barentz International BV, Kemin Industries, Evonik Dr. Straetmans and other during the Forecast Period 2018-2026
Market Highlights:Global Cosmetic Antioxidants market is accounted for $99.1 million in 2017 and is expected to reach $187.4 million by 2026 growing at a CAGR of 7.3% during the forecast period. Increase in aging population, rising disposable income and changing standard of living of consumers are some of the key driving factors for the market growth. However, factors such as high cost of natural antioxidants and availability of advanced medical treatments in developed countries are hindering the market growth.
Cosmetic antioxidants are usual substances which are made up of vitamins and minerals. The damaged skin cell results in aging due to dry skin, wrinkles, dark circles and diminishes flexibility. It helps in fighting against free radicals which harm proteins, lipids and DNA. Cosmetic antioxidants are helpful in two different ways. On one hand, they avoid degradation of natural substances such as proteins, sugars and lipids in the cosmetic items and on the other hand it helps the skin cells from being damaged and slows down the aging source. Dermatological formulation includes smell, fats and oils which are subjected to auto-oxidation by introduction to air, chemical degradation and causing off smell.
Amongst application, skin care segment is expected to have significant growth during the forecast period due to rising demand for cosmetic skin care products across the globe. The increased adoption of personal care & beauty care products to fuel the demand for skin care cosmetics. By geography, Asia Pacific held the largest market share during the forecast period. Developing countries such as China and India are high-growth markets for skin care, hair care, and makeup products, owing to the economic growth of these countries and increased consumers spending on cosmetic products in the region.
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Top Industry Players:
Some of the key players profiled in the Cosmetic Antioxidants include Ashland Global Holdings, BASF SE, Wacker Chemie, Barentz International BV , Kemin Industries Inc, Evonik Dr. Straetmans, Seppic , Btsa Biotecnologias Aplicadas S.L., Koninklijke DSM N.V., Eastman Chemical Company, Lonza Group, Nexira, Croda International PLC, Archer Daniels Midland Company, Jan Dekker International, Yasho Industries, Provital Group and Merck.
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• Market share assessments for the regional and country level segments
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• Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements
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Market Segments:
Types Covered:
• Natural Cosmetic Antioxidants
• Synthetic Cosmetic Antioxidants
Sources Covered:
• Chemically Derived Antioxidants
• Natural Antioxidants
Functions Covered:
• Anti-Inflammatory
• Hair Conditioning
• Moisturizing
• Anti-Aging
• UV Protection
• Hair Cleansing
• Other Functions
Applications Covered:
• Makeup
• Skin Care
• Hair Care
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