Personal Care Ingredients Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | BASF SE, Ashland Inc., Solvay SA, Dow Chemical Company, Clariant AG, Croda International PLC, Evonik Industries AG, J.M. Huber Corporation, Hu

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2618

The Business Research Company offers in-depth market insights through Personal Care Ingredients Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The personal care ingredients market size has grown strongly in recent years. It will grow from $15.08 billion in 2023 to $16.29 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to beauty and wellness trends, skincare and cosmetics innovations, consumer demand for natural and organic products, aging population and anti-aging products, regulatory standards for ingredient safety..

The personal care ingredients market size is expected to see strong growth in the next few years. It will grow to $22.24 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to sustainable packaging and supply chain practices, continued demand for clean and green beauty, growth in personalized skincare products, expansion of men's grooming products, increasing focus on mental well-being. Major trends in the forecast period include microbiome-friendly personal care products, ai-driven skincare recommendations, vegan and cruelty-free ingredient options, nanotechnology in ingredient delivery, and hemp-derived ingredients.

Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=4108&type=smp

Market Segmentation:
The main types of personal care ingredients are emollients, surfactants, emulsifiers, rheology modifiers, conditioning polymers, and others. Emollients are the natural ingredients used in personal care products that help hair and skin to soften and moisturize. Surfactants are compounds that are compatible with water and oil which lower the surface tension between two liquids and are used to clean and foam in shampoos and hair conditioners, shower gels, liquid soaps, and bath additives. Emulsifiers keep unlike ingredients such as oil and water from separating in an emulsion and are used in creams and lotions to mix water with oils. Rheology modifiers are thickeners or viscosity modifiers that give control over the viscosity, suspension, and texture of advanced personal care and home care solutions. Conditioning polymers absorb into the proteins of the skin and hair improving skin feel and hair manageability, making the skin and hair softer and smoother. The types of sources for extracting personal care ingredients include natural and synthetic ingredients. These personal care ingredients are used in skincare, hair care, oral care, cosmetics, and other applications.

Major Driver - Youth Population Surge As A Catalyst For The Personal Care Ingredients Market
The increasing young population will contribute to the demand for the personal care ingredients market in the forecast period. The growing desire to look good and presentable drives the demand for personal care products for the increasing youth population. For instance, in November 2022, according to the Partnership for Maternal, Newborn & Child Health (PMNCH), a Switzerland-based alliance committed to promoting and improving the health and well-being of mothers, newborns, and children globally, the worldwide population of young individuals aged between 10 and 24 reached an unprecedented high of 1.8 billion. Thus, the increase in the youth population is expected to drive the personal care products demand, thereby driving market growth in the future.

Competitive Landscape:
Major companies operating in the personal care ingredients market include BASF SE, Ashland Inc., Solvay SA, Dow Chemical Company, Clariant AG, Croda International PLC, Evonik Industries AG, J.M. Huber Corporation, Huntsman International LLC, The Lubrizol Corporation, Akzo Nobel NV, Pharmacos, Nouryon Specialty Chemicals B.V., Lonza Group Ltd., Berkshire Hathaway Inc., KCC Corporation, Galaxy Surfactants Ltd., Oxiteno SA, Eastman Chemical Company, Saudi Basic Industries Corporation, Symrise AG, Sinerga SpA, SG Ceresco Inc., Pride Seeds, Grain Millers Inc., Innospec Inc., AEP Colloids Inc., Jarrow Formulas Inc., Soliance, Wacker Chemie AG

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/personal-care-ingredients-global-market-report

Top Trend - Introduction Of The Biosurfactants To Address The Rising Demand For Sustainable Beauty Care Solutions
Major companies operating in the personal care ingredients market are launching biosurfactants to address the rising demand for sustainable beauty care solutions. Biosurfactants are naturally occurring, surface-active compounds produced by microorganisms that have the ability to reduce surface tension and enhance the interaction between liquids and solids. For instance, in June 2022, Solvay, a Belgium-based chemical company, launched Mirasoft SL L60 and Mirasoft SL A60, two 100% biobased and biodegradable biosurfactants made from rapeseed oil and sugar. These glycolipid biosurfactants, produced through a cost-efficient fermentation process, are aimed at diverse beauty care applications including shampoos, conditioners, and face washes.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Personal Care Ingredients Market Characteristics
3. Personal Care Ingredients Market Trends And Strategies
4. Personal Care Ingredients Market - Macro Economic Scenario
5. Personal Care Ingredients Market Size And Growth
…..
27. Personal Care Ingredients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

This release was published on openPR.