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Emollients Market Size, Analysis, Trends, Opportunities And Strategies 2024-2033
Emollients Market Size
As per the report, the emollients market size has grown strongly in recent years. It will grow from $1.51 billion in 2023 to $1.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The emollients market size is expected to see strong growth in the next few years. It will grow to $1.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.
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Rising Demand For Personal Care Products Fuels Growth In The Emollient Market
The increasing demand for personal care products is expected to propel the growth of the emollient market going forward. Personal care products refer to those products that are used for personal grooming and maintaining personal hygiene. Emollients are the ingredients that are used in personal care products to relieve irritation and dryness of the skin. These are used in various skincare and personal care products to provide moisturizing effects, smoothen fine lines and wrinkles, improve photodamage, and reduce signs of aging. For instance, in March 2023, according to the Federal Reserve Economic Data, a US-based online database organization, the consumer price index for personal care products in the major cities of the USA was $160.22 in January 2022 and grew to $171.53 representing a growth of 6.59% in February 2023. Therefore, the increasing demand for personal care products is driving the growth of the emollient market going forward.
Innovative Plant-Based Emollient Revolutionizes Lip And Personal Care Formulations
Major companies in the emollients market are focusing on innovative products, such as SonneNatural NXG, to enhance the formulation of lip care and personal care products. SonneNatural NXG is a plant-based emollient designed for use in personal care products. This firm-textured emollient reduces the need for thickeners or waxes in formulations, offering a non-greasy application, excellent moisture retention, and a luxurious afterfeel. For instance, in November 2022, Sonneborn, LLC, a US-based manufacturer of high-purity specialty products, introduced SonneNatural NXG, a plant-based emollient designed for use in personal care products. It is developed to promote sustained moisturization with low odor and stability. SonneNatural NXG is positioned as a high-quality, plant-based alternative for formulators in the personal care industry, particularly for lip balms, lipsticks, body lotions, and facial scrubs. The product is part of Sonneborn's natural plant-based emollients portfolio, catering to the growing demand for sustainable and plant-based solutions. It is also available as a palm-free variant and is vegan certified, making it suitable for a wide range of personal care applications.
The emollients market covered in this report is segmented -
1) By Type: Esters, Fatty Alcohols, Fatty Acids, Ethers, Silicones, Other Types
2) By Form: Solid, Liquid
3) By Application: Skin Care, Hair Care, Deodorants, Oral Care, Other Applications
4) By End User: Cosmetics Industries, Toiletries Industries, Oral Care Industries, Other End-Users
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Major companies operating in the emollients market report are Cargill Incorporated, BASF SE, The Dow Chemical Company , Peter Cremer North America LP, Stephenson Group Ltd., Evonik Industries AG, Sasol Limited, Solvay SA, Kao Corporation, Croda International plc, Univar Solutions Inc., Eastman Chemical Company, The Lubrizol Corporation, Lonza Group Ltd., Clariant AG, Stepan Company, Ashland Inc., Innospec Inc., Elementis plc, Emery Oleochemicals LLC, Sonneborn LLC, Pilot Chemical Corp., Oleon NV, Vantage Specialty Chemicals, Bio-Botanica Inc., Village Vitamin Food Company LLC, Hallstar, Jarchem Industries Inc., Colonial Chemical Inc., Lipo Chemicals Inc.
Contents of the report:
1. Executive Summary
2. Emollients Market Report Structure
3. Emollients Market Trends And Strategies
4. Emollients Market - Macro Economic Scenario
5. Emollients Market Size And Growth
…..
27. Emollients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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