Press release
Cosmetic Preservatives Market worth $562 million by 2027 | Key players Ashland Group Holding Inc. (US), BASF SE (Germany), Arkema S.r.l. (Italy), Symrise AG(Germany).
Cosmetic Preservatives Market, Cosmetic Preservatives, Preservatives Market, APAC Cosmetic Preservatives Market,
Browse 208 market data Tables and 55 Figures spread through 227 Pages and in-depth TOC on "Cosmetic Preservatives Market - Global Forecast to 2027"
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Lotions, Facemasks, Sunscreens, & Scrubs is expected to be the fastest-growing segment in the cosmetic preservatives market during the forecast period. This growth can be attributed to various factors such as rising awareness among people relating to skincare, easily accessible global products, exposure to global trends and the ever-increasing presence of social media.
Phenol derivatives segment is expected to be the fastest-growing application of the global cosmetic preservatives market owing to their increasing usage in production activities in different cosmetic products. As phenol derivatives are a gentle, non-irritating cosmetic preservative that doesn't emit formaldehyde, they are frequently utilized in cosmetic products. These compounds also have numerous advantageous biological properties which include antioxidant, anti-cancer, anti-inflammatory, antidiabetic, anti-obesity, and antibacterial properties.
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North America is the third largest market for cosmetic preservatives, in terms of value and volume. The growth of the cosmetic preservatives market in North America can be attributed to the presence of leading cosmetic preservative manufacturers, such as Ashland Global Holdings Inc., International Flavors & Fragrances Inc. Increasing income is expected to enable consumers to increasingly buy premium products, which is expected to lead to the growth of the cosmetic preservatives industry.
The major Players in cosmetic preservatives Market includes Ashland Group Holding Inc. (US), BASF SE (Germany), Arkema S.r.l. (Italy), Symrise AG(Germany), Clariant AG (Switzerland), Salicylates and Chemicals Pvt.Ltd (India), Chemipol (Spain), Evonik Industries AG (Germany), International Flavors & Fragrances Inc. (US), Sharon Laboratories (Israel), Brenntag AG (Germany), Thor Group Ltd.(UK), Dadia Chemical Industries (India), Gujarat Organics Limited (India) and ISCA UK Ltd. (UK).
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Established in 1865, BASF is headquartered in Ludwigshafen, Germany. It operates under seven business segments, namely, chemicals, materials, industrial solutions, surface technology, nutrition and care, agricultural solutions, and others. The performance products segment of BASF is further segmented into five divisions, dispersions, and pigments; care chemicals; nutrition and health; paper chemicals; and performance chemicals. The care chemicals division manufactures ingredients for skin and hair cleansing and care products, and for detergents and cleaners in households, institutions, or industries such as surfactants, emollients, preservatives, and polymers. It has presence in various countries such as China, India, South Korea, Philippines, Australia, Netherlands, Russia, Spain, UK, Switzerland, France, South Africa, US, Brazil, and Chile, among others.
Akema S.r.l. has been producing allantoin, allantoin derivatives, and preservatives for personal care products for over 40 years. Its products are manufactured in Italy and distributed through a global network of leading distributors. The company is dedicated to production, research & development, and customer service, and has developed strong working ties with customers. Akema S.r.l. is a well-known, dependable partner with a strong position in the cosmetic ingredients industry. The company is a prominent European allantoin manufacturer offering a unique spectrum of allantoin derivatives as well as a full range of traditional and alternative preservative solutions to meet the needs of the current personal care industry.
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