Cosmetic Isoparaffins Market To Surpass US$ 95.1 Mn By 2027

Cosmetic isoparaffins market is expected to witness significant growth during the forecast period, owing to its applications such as solvent, emollient, and skin conditioning agents, thus making it one of the popular cosmetic ingredients.

North America held significant market share in the global cosmetic isoparaffins market in 2019. The increasing purchasing power of consumers in North America region is expected to drive demand for cosmetics and personal care products.

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Drivers

Cosmetic isoparaffins are used in mascara, lip care products, antiperspirants, deodorants, sun care products, manicuring preparations, skin care, and hair care products. Changing standards of living and rising awareness regarding personal grooming products are leading to increasing consumer base for makeup products. Increasing consumption of color cosmetic products, owing to rising disposable income of population results in increasing demand for cosmetic isoparaffins, globally.

Global Cosmetic Isoparaffins Market - Impact of Coronavirus (Covid-19) Pandemic

The coronavirus (COVID-19) pandemic has resulted in increased sales of personal hygiene and cleansing products such as skin care products. According to L'Oréal S.A.’s quarterly report published in April 2020, brands such as Kiehl’s, Lancôme, and Helena Rubinstein, which have a large proportion of skincare products, outperformed the company’s other luxury brands in the first quarter of 2020.

Key companies covered as a part of this study include Croda International Plc., INEOS Group Limited, Elementis PLC, The Innovation Company, Rita Corporation, Lanxess AG, Presperse Corporation, and Nihon Koken Kogyo Co., Ltd.

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Detailed Segmentation:

Global Cosmetic Isoparaffins Market, By Product Type:
Isododecane
Isohexadecane
Isoeicosane
Others

Global Cosmetic Isoparaffins Market, By End Use:
Hair Care
Skin Care
Lip Care
Antiperspirants & Deodorants
Sun Care

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This release was published on openPR.