Chemicals for Cosmetics and Toiletries Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Chemicals for Cosmetics and Toiletries - Market Size

The global market for Chemicals for Cosmetics and Toiletries was estimated to be worth US$ 31940 million in 2023 and is forecast to a readjusted size of US$ 45990 million by 2030 with a CAGR of 5.3% during the forecast period 2024-2030.

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Major Trends:

1. Shift Towards Natural Ingredients: Consumer demand for sustainable and organic cosmetic products is driving the adoption of natural and eco-friendly chemicals. Ingredients like plant-based emulsifiers and bio-based solvents are becoming increasingly popular
2. Technological Advancements: Innovations in active ingredients, such as anti-aging and skin-repair compounds, are enhancing the efficacy of cosmetics. These include the use of peptides, retinoids, and ceramides
3. Focus on Multifunctional Products: Growing consumer preference for products that offer multiple benefits, such as moisturization, UV protection, and anti-aging, is boosting demand for multifunctional raw materials

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Key Challenges:

1. Regulatory Constraints: Stringent regulations regarding the use of certain chemicals, especially synthetic ones, pose challenges for manufacturers. Compliance with safety standards across different regions can be complex

By Type
• Surfactants
• Aroma Chemicals and Blends
• Fat-Based Products
• Natural Products
• Polymers

By Application
• Skin Care Products
• Hair Care Products
• Perfumes

Key Companies
AkzoNobel, BASF, Evonik Industries, Solvay-Rhodia, Stepan, Aarhuskarlshamn, Arkema, Ashland, Bayer, Bio-Botanica, Biochemica International

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