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Beauty And Personal Care Surfactants Global Market Size, Share Report, Growth Prospects, Developments Plans, Future Insights and Trends Analysis Till 2033 | BASF SE, Akzo Nobel N.V., Kao Corporation, Stepan Company, Rhodia
Beauty And Personal Care Surfactants Global Market
The beauty and personal care surfactants market size is expected to see strong growth in the next few years. It will grow to $15.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rising e-commerce, emerging markets, rise in disposable income, rise in focus on aesthetics. Major trends in the forecast period include clean beauty products, microbiome-friendly formulations, sustainable sourcing, anti-pollution products, biodegradable surfactants.
Market Overview -
The beauty and personal care surfactants refer to surfactants used in various cosmetic products for personal care. These products consist of surfactants that are products used for cleansing, foaming, thickening, emulsifying, solubilizing, penetration enhancement, antimicrobial effects, and other special effects. The compatibility with both water and oil makes surfactants a useful cosmetic ingredient.
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Embracing Sustainability Through The Rise Of Waterless Beauty And Personal Care Products
The increasing demand for various waterless products is propelling the growth of the beauty and personal care surfactants market. Commonly, beauty and personal care products are made up of 60-80% of water, getting rid of H20 from that list helps manufacturers add more active ingredients adding to the beauty formula, requiring fewer preservatives too. Furthermore, waterless products are also environmentally friendly, it is estimated that two-thirds of the world's population may face shortages by 2025. The beauty industry, after agriculture, laps up the most water, waterless products also reduce the carbon footprint, are lighter to transport, require lesser packaging, and are much more compact, making them a preferred option amongst major manufacturers.
Competitive Landscape -
Major companies operating in the beauty and personal care surfactants market include BASF SE, Akzo Nobel N.V., Kao Corporation, Stepan Company, Rhodia, Clariant AG, Evonik Industries AG, Croda International PLC, Huntsman International LLC, Solvay SA, Dow Inc., DuPont de Nemours Inc., Ashland Global Holdings Inc., Nouryon Holding B.V., Indorama Ventures Public Company Limited, Lonza Group AG, Galaxy Surfactants Limited, Lubrizol Corporation, Innospec Inc., Colonial Chemical Inc., Pilot Chemical Corp., Oxiteno S.A. Indústria e Comércio, KLK OLEO, Sasol Limited, Akema S.r.l., Jarchem Industries Inc., Vantage Specialty Ingredients Inc., Seppic S.A., Gattefossé SAS, Nikko Chemicals Co. Ltd.
Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers
Major companies operating in the beauty and personal care surfactants market are focusing on innovative products such as peptovitae series to drive revenues in their market. Peptovitae series is a set of four patented peptides that constitute a novel class of biomimetic peptides created by scientific means. For instance, in January 2022, BASF SE, a Germany-based beauty and personal care products manufacturing company launched peptovitae series. With the Peptovitae line, consumers can create unique and inventive treatments for a wide spectrum of skin issues. The new bioactives from BASF's care creations line of personal care products are designed to combat signs of aging, improve skin brightness, calm and moisturize skin, and improve skin that is prone to dryness and irritation .
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Key Segments -
The beauty and personal care surfactants market covered in this report is segmented -
1) By Type: Non-Ionic, Cationic, Amphoteric, Anionic, Other Types
2) By Origin: Synthetic Surfactants, Bio-Based Surfactants
3) By Application: Hair Care, Skin Care, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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