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Cosmetic Chemicals Market Report 2023-2032: Industry Trends, Global Outlook, Competitive Landscape And Major Players | Dow Inc., Givaudan SA, Ashland Inc., Eastman Chemical Company, Lonza Group Limited
Cosmetic Chemicals Market
The Business Research Company's Cosmetic Chemicals Global Market Report 2023 identifies The increasing popularity of hair and skin care products as the major driver for the Cosmetic Chemicals Market's growth in the forecast period. A skin care product means a cosmetic preparation, which may be antiseptics, tonics, lotions, creams, or otherwise, massaging, cleansing, stimulating, manipulating, performing non-invasive hair removal, beautifying, or similar work on the body of any person. Hair and skin care products are items created to beautify, protect, and change the appearance of bodies' external features. Cosmetic chemical is a major ingredient used in the hair and skin care products.
The global cosmetic chemicals market size is expected to grow from $18.05 billion in 2022 to $19.14 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cosmetic chemicals market size is expected to grow to $23.77 billion in 2027 at a CAGR of 5.6%.
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Major competitors in the cosmetic chemicals market are Dow Inc., Givaudan SA, Ashland Inc., Eastman Chemical Company, Lonza Group Limited, BASF SE, Lanxess AG, P&G Chemicals, Solvay SA, Evonik Industries AG, Bayer AG, Croda International Plc., Stephan Company, Symrise AG, Cargill Inc., Ashland Global Holdings Inc., and The Lubrizol Corporation.
A key trend in the Cosmetic Chemicals Market includes Product innovation. Dow Inc., Givaudan SA, Ashland Inc., Eastman Chemical Company, Lonza Group Limited, BASF SE, Lanxess AG, P&G Chemicals, Solvay SA, Evonik Industries AG, Bayer AG, Croda International Plc., Stephan Company, Symrise AG, Cargill Inc., Ashland Global Holdings Inc., and The Lubrizol Corporation.
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The Cosmetic Chemicals Market is segmented -
By Product Type: Surfactants, Emollients and Moisturizers, Colorants and Pigments, Preservatives, Emulsifying and Thickening Agents
By Application: Perfumes and Fragrances, Hair Care and Skincare, Color Cosmetic Chemicals, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cosmetic Chemicals Market.
The Business Research Company's "Global Cosmetic Chemicals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cosmetic Chemicals Market Include:
1. Executive Summary
2. Cosmetic Chemicals Market Characteristics
3. Cosmetic Chemicals Market Trends And Strategies
4. Cosmetic Chemicals Market - Macro Economic Scenario
5. Cosmetic Chemicals Market Size And Growth
……
26. Africa Cosmetic Chemicals Market
27. Cosmetic Chemicals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cosmetic Chemicals Market
29. Cosmetic Chemicals Market Future Outlook and Potential Analysis
30. Appendix
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