Cosmetic Chemicals Market Report 2023: Global Size, Share & Forecast till 2028

Global Cosmetic Chemicals Market Overview 2023-2028

Cosmetic chemicals are components employed in the formulation of cosmetic and personal care items to impart various desired characteristics, such as texture, color, scent, stability, and preservation. These chemicals encompass a diverse array of substances, including talc, formaldehyde, alcohols, lanolin, Ammonium lauryl sulphate (ALS), and mineral oils or waxes. They encompass a broad spectrum of ingredients, such as emollients, surfactants, preservatives, colorants, fragrances, thickeners, and antioxidants. These chemicals can be sourced from nature, created in a laboratory setting, or a blend of both approaches. They are meticulously chosen and combined to craft products that enhance one's appearance, cleanliness, and overall well-being.

The global cosmetic chemicals market size reached US$ 14.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.55% during 2023-2028.

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Global Cosmetic Chemicals Market Trends and Drivers:

The global demand for cosmetic chemicals is being propelled by several key factors. Firstly, the expanding influence of social media platforms and a heightened awareness of personal appearance among individuals play a significant role in driving this demand. Secondly, the surging popularity of natural and organic skincare and cosmetic items is fueling the necessity for cosmetic chemicals sourced from natural origins. Furthermore, the market is positively impacted by the increasing desire for gender-neutral cosmetic products and the growing emphasis on anti-aging solutions, especially among aging populations. Additionally, the market is experiencing growth due to the rising sales of premium-quality skincare and cosmetic products, including items like shampoos, shaving creams, lip balms, toothpaste, skin moisturizers, and deodorants, through e-commerce channels.

Global Cosmetic Chemicals Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

Ashland Global Specialty Chemicals Inc.
BASF SE
Bayer Aktiengesellschaft
Cargill Incorporated
Croda International plc
Dow Inc.
Eastman Chemical Company
Evonik Industries AG (RAG-Stiftung)
Givaudan SA
Solvay S.A.
Symrise AG
The Lubrizol Corporation (Berkshire Hathaway Inc.)
The Procter & Gamble Company

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The report segmented the market on the basis of region, product type and application.

Breakup by Product Type:

Surfactants
Polymer Ingredients
Colorants
Preservatives

Breakup by Application:

Skin Care
Hair Care
Make-Up
Oral Care
Fragrances
Others

Breakup By Regions:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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