Press release
Cosmetic Chemicals Market Future Trends, Revenue Growth & Leading Players, Forecast To 2027
Allied Market Research published a report, titled, "Cosmetic Chemicals Market by Product Type (Surfactants, Polymer Ingredients, Colorants, and Preservatives) and Application (Skin Care, Hair Care, Make-up, Oral Care, Fragrances, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027." According to the report, the global cosmetic chemicals industry generated $14.7 billion in 2019, and is expected to garner $24.1 billion by 2027, witnessing a CAGR of 6.5% from 2020 to 2027.Drivers, restraints, and opportunities
Increase in demand for personal care products and rise of fashion & entertainment industry in developed and emerging countries drive the growth of the global cosmetic chemicals market. However, stringent government regulations against the usage of toxic chemicals and demand for organic products made from natural ingredients restrain the market growth. On the other hand, surge in R&D activities from market players with the aim of developing advanced and diverse product portfolio create new opportunities in the coming years.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/5711
COVID-19 Scenario
Owing to the lockdown imposed by governments, the manufacturing and sales activities of cosmetics hindered, which in turn, decreased the demand for cosmetic chemicals.
During the pandemic, the demand for skin care products, personal hygiene, and cleansing products increased. So, the demand for production of these products rose.
The demand is expected to rise during post-lockdown as manufacturing activities begin and supply chain restores for cosmetic products.
The polymer ingredients segment to maintain its leadership status during the forecast period
Based on product type, the polymer ingredients segment contributed to the highest market share, accounting for more than half of the global cosmetic chemicals market in 2019, and will maintain its leadership status during the forecast period. This is attributed to increase in consumption of polymer ingredients such as emollients for production of several cosmetics and personal care products such as skin moisturizers, body lotions, lipsticks, and face creams. However, the preservatives segment is projected to maintain the highest CAGR of 7.0% from 2020 to 2027. This is due to their abilities to prevent alterations caused by microorganisms and contamination during formulation, shipment, storage, or consumer use.
Get Detailed COVID-19 Impact Analysis on the Cosmetic Chemicals Market @ https://www.alliedmarketresearch.com/request-for-customization/5711?reqfor=covid
The skin care segment to maintain its lead position during the forecast period
Based on application, the skin care segment accounted for the largest share in terms of revenue in 2019, holding more than one-fourths of the global cosmetic chemicals market, and is expected to maintain its lead position during the forecast period. Moreover, this segment is expected to witness the highest CAGR of 6.9% from 2020 to 2027. This is due to increase in demand among individuals with rise concerns regarding skin. The report also analyzes the segments including hair care, make-up, oral care, fragrances, and others.
North America to maintain its dominance in terms of revenue by 2027
Based on region, North America held the highest market share in 2019, accounting for more than one-third of the global cosmetic chemicals market, and will maintain its dominance in terms of revenue by 2027. This is attributed to consumption of cosmetic chemicals in manufacturing of organic personal care products. However, Asia-Pacific is expected to manifest the largest CAGR of 6.9% during the forecast period, owing to surge in demand and production of skin care and make up products with rise of the fashion industry across the region.
Leading market players
Solvay SA
Cargill Incorporated
The Dow Chemical Company
Croda International Plc
BASF SE
P&G
Ek Industries AG
Stepan Company
Symrise
Ashland Inc.
Interested in Procuring This Report? Visit Here: https://www.alliedmarketresearch.com/cosmetic-chemicals-market/purchase-options
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cosmetic Chemicals Market Future Trends, Revenue Growth & Leading Players, Forecast To 2027 here
News-ID: 2420019 • Views: …
More Releases from Allied Market Research.
Nanotechnology Drug Delivery Market to Reach $209.5 billion by 2032!! And Health …
Allied Market Research published a report, titled, Nanotechnology Drug Delivery Market by Formulation (Lipid-based nanomedicine, Polymer-based nanomedicine, Nanocrystals, Others), by Application (Oncology and Hematology, Infectious diseases, Orthopedics, Neurology, Urology, Immunology, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032" According to the report, the global Nanotechnology Drug Delivery Market Size was Valued at size was valued at $87.5 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2022 and is Projected to surpass around $209.5 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2032,…
Floor Coatings Market Size, Share, Floor Structure, End User, Coating Component, …
As per the report, the global floor coatings industry was accounted for $3.1 billion in 2020, and is expected to reach $5.5 billion by 2030, growing at a CAGR of 6.0% from 2021 to 2030. Increase in demand for floor coatings from end users such as commercial, residential, and industrial and surge in demand for interior decoration have boosted the growth of the global floor coatings market. However, slippery characteristic…
Automotive Camera Market Growing Trade Among Emerging Economies Opening New Oppo …
According to a recent report published by Allied Market Research, titled, Global Automotive Camera Market by Application, Technology, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global automotive camera market was valued at $11,401.6 million in 2017, and is projected to reach $24,092.1 million by 2025, growing at a CAGR of 9.70% from 2018 to 2025.
Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/
Leading players of the…
Aerospace Maintenance Chemical Market - Detailed Information Regarding the Impor …
The global aerospace maintenance chemical market generated $7.8 billion in 2021, and is projected to reach $13.7 billion by 2030, growing at a CAGR of 6.2% from 2022 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Rise in demand for the maintenance of aircraft surface, increase in flight frequency among…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
