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Cosmetic Preservative Market Trends - Industry Size Report 2018-2024 | Top Key Industry Players: BASF, Clariant, Symrise Ag, Ashland, Lonza, The Dow Chemical Company

Cosmetic Preservative Market

Cosmetic Preservative Market

Cosmetics Preservative Market size was over USD 835 million in 2017 and industry expects consumption of above 180 kilo tons by 2024; according to a new research report by Global Market Insights, Inc. High penetration rate of global brands, escalating demand for functional products along with growth in working women population will drive cosmetic preservatives market size. These compounds are mixed with personal care products to improve facial appearance and enhance product lifespan. Growing in customer expenditure on beautification supported by increasing ageing population will propel product demand.

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Global cosmetic preservatives market size from skin care application is estimated to reach 25 kilo tons by 2024. It has wide usage in formation of face masks, sunscreens, scrubs and lotions. Water based skin care formulation are prone to bacterial, yeast and mold formation deteriorating product quality, phase inversion. Preservatives provide broad spectrum alternative to minimize growth of these microbes and maintain product quality over longer span of time, thereby driving product demand.

New product formulations and demand for organic & herbal preservatives in cosmetics products is projected to drive regional market over forecast timeframe. Rising economic standards along with mounting consciousness about personal hygiene & grooming are likely to boost cosmetics product market growth which may in turn will augment global cosmetic preservatives market size.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Ashland
2. Lonza
3. Akema Fine Chemicals
4. The Dow Chemical Company
5. BASF
6. Chemipol
7. Clariant
8. Sharon Laboratories
9. Symrise Ag
10. Salicylates and Chemicals Pvt Ltd
11. Thor Group Ltd.
12. Dadia Chemical Industries
13. Gujarat Organics Limited

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Global synthetic cosmetic market size is poised to outdo USD 925 million by 2024. Rising alertness regarding damaging effects of UV rays on skin is likely to spur cosmetics preservative market. Growing demand for phenoxyethanol which has application in lotions and creams owing to its importance as gentle cosmetic preservatives is likely to boost product demand over the forecast period.

Cosmetic preservatives manufacturers are substituting parabens with safer and effective product like Benzyl alcohol. It is a latent alternate to parabens due to its wide spectrum and capability to avert growth of yeast, mold and bacteria in cosmetics. Although cost of alternate preservatives is comparatively higher, consumers are ready to spend additional on paraben-free products.

Cosmetic Preservatives Market, By Product
• Natural/ Organic Preservatives
o Plant & herbal extract
o Essential oil
o Natural Antioxidants
o Organic acids
• Synthetic/ Chemical
o Parabens
o Formaldehyde Releasers
o Alcohols
o Phenol Derivatives
o Quaternary Ammonium Compounds
o Others

Cosmetic Preservatives Market, By Application
• Hair Care
• Skin Care
• Toiletries
• Fragrances and Perfume
• Baby Products
• Others

Browse key industry insights spread across 250 pages with 286 market data tables & 26 figures & charts from the report, “Cosmetics Preservative Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/cosmetics-preservative-market

Germany parabens cosmetic preservatives market size is likely to reach 1.5 kilo tons owing to its usage in conditioners, shampoos, sunscreen lotions and anti-aging cremes. These chemicals have similar features as organic products due to high effectiveness as bactericide and fungicide properties, along with manufacturers acceptance as it offers high compatibility, thus prompting cosmetic preservatives market size.

China cosmetics preservative market demand from toiletries application may witness significant growth of over 6.5% by 2024. Rising living standard of consumers along with large scale of economies has impelled demand for toiletries in this region and is likely to boost demand for cosmetic preservatives in this segment.

Global cosmetic preservatives market share is competitive and moderately consolidated with key industry precipitants includes Chemipol, Lonza Group, Brenntag, Dow Chemical Company, Brenntag, BASF SE, Ashland Inc and Akema Fine Chemicals. Increasing consumption of beauty products has impelled vendors to invest profoundly in R&D for cosmetic preservatives. Companies are spending more on product design, manufacturing phases, Innovation and commercialization.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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