Personal Care Ingredients Market Size, Growth Report 2024 | Key Players are Evonik, BASF, AkzoNobel, Croda, Dow, Ashland, Clariant, Solvay

The Personal Care Ingredients Market research study provides a detailed survey of the vital players - this is based on the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans of industry contenders. This report is also anticipated to reflect consistent growth in years to come, since consumers are now being rather aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders such as investors, traders, CEOs, suppliers, and more, need to be aware of.

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The competitive analysis comprising numerous market players is a rather noteworthy feature of the personal care ingredients market market report, as it provides details about the direct and indirect competitors in the market. The report also provides the company profile of these market players inclusive of certain specifications, technologies, and their future development plans.

Global Personal Care Ingredients Market will be primarily driven by the rising consumer awareness towards for personal grooming. Rising women participation in urban workforce in the recent years has positively influenced the industry, particularly in Asia Pacific. Consistent new product development by the market players have been encouraging adoption of multifunctional personal care products by consumers. For instance, Cargill had launched Lvyeum vegetable oil ingredient which had applications in sunscreen, shampoos, conditioners, moisturizing cream, lipsticks, etc. The company had addressed the drifting focus amongst the populace towards milder ingredients and their preference to plant derived cosmetics over the animal derived ones. The ongoing and ever-rising consumer base for anti-aging and anti-pollution cosmetics will also drive the personal care ingredients industry over the forecast period.

Asia Pacific Personal Care Ingredients Market will also rise with promising gains and will exceed USD 4 billion by 2024. Rapid urbanization, improving living standards and rising purchasing power in emerging economies such as India has represented massive growth potential for personal care ingredients market.

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

1. Evonik
2. BASF
3. AkzoNobel
4. Croda
5. The Dow Chemical Company
6. Wacker Chemie
7. Ashland
8. Clariant
9. Lonza
10. Cargill
11. Solvay
12. Eastman Chemical Company

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The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

o North America Region (U.S., Canada, Mexico)

o South America Region (Argentina, Brazil, Columbia, Rest of South America)

o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)

o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

Another trend riding on the wave of popularity is that of using multifunctional products, subject to hectic consumer lifestyles. This is especially true for hair care products - of late, manufacturers have been developing products that incorporate the benefits of shampoos, conditioners, and hair moisturizers rolled into one compact product. This trend is also likely to fuel personal care ingredients market size from hair care. Speaking of which, conditioning polymers, used massively in hair care products, is likely to register a CAGR of 6% up to 2024, given the vast product popularity.

Speaking of regulations, the United States and Europe are the two major growth grounds that have been advocating the usage of organic cosmetics on a large scale, on the basis of which experts have forecast that personal care ingredients market share in U.S. and Europe to multiply over the forthcoming years. These ingredients basically encompass conditioning polymers, antimicrobials, surfactants, emulsifiers, emollients, and rheology control agents, that are used in a plethora of products related to hair care, dental care, skin care, and most importantly, cosmetics.

Personal care ingredients market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024.

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Main Features of the Global Market Research Report:

-The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2024.
-The report also describes the major drivers of worldwide market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.
-The research report endorses a detailed industry chain analysis. Also, it covers the production process of market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.
-The report provides detailed knowledge about the competitive scenario of the global market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.
-The report analyses the various market segments and also provides their contribution to the development of the global industry.

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