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Emerging Cosmetic Chemicals Market Trends: Innovative Cosmetic Chemicals Unleash The Power Of Baobab And Hibiscus In Skincare Shaping the Future of the Industry

06-27-2025 12:38 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Cosmetic Chemicals Market

Cosmetic Chemicals Market

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Cosmetic Chemicals Market Size Growth Forecast: What to Expect by 2025?
The market size for cosmetic chemicals has seen robust growth in the past few years. The market, which is projected to rise from $20.06 billion in 2024 to $21.25 billion in 2025, is expected to expand at a compound annual growth rate (CAGR) of 5.9%. Factors contributing to this growth during the previous period include consumer desire for beauty products, evolving beauty norms, effects of globalization and urbanization, marketing and branding tactics, as well as changes in regulations and safety standards.

How Will the Cosmetic Chemicals Market Size Evolve and Grow by 2029?
Anticipated to see robust growth in the coming years, the cosmetic chemicals market is predicted to swell to $27.98 billion by 2029, registering a Compound Annual Growth Rate (CAGR) of 7.1%. The anticipated growth within the forecast period is due to an increased focus on natural and organic products, wellness and health trends, worldwide demographic shifts and economic transformations, compliance with regulations and safety norms. The period is expected to witness prominent trends such as the emergence of clean beauty, personalized and customized products, focus on wellness and health, sustainable practices and packaging, and embracing diversity and inclusivity.

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What Drivers Are Propelling the Growth of Cosmetic Chemicals Market Forward?
The surging demand for hair and skincare products is predicted to fuel the expansion of the cosmetic chemicals market. Skincare products are often cosmetic formulations that can include antiseptics, tonics, lotions, creams, and more, used for massaging, cleansing, invigorating, manipulating, performing non-invasive hair removal, enhancing beauty, or related tasks on an individual's body. Items designed to enhance, safeguard, and alter the look of exterior bodily features are considered hair and skincare products. Cosmetic chemical is a critical component of these items. For instance, in September 2023, Circana, LLC, a US company offering customer insights, data, and analytics to support business growth, reported a 25% increase in beauty industry sales, with fragrance sales up by 24%, skincare by 17%, and the hair category by 27% compared to 2021. Hence, the escalating demand for hair and skincare products will persistently fuel the development of the cosmetic chemicals market.

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Which Emerging Trends Are Transforming the Cosmetic Chemicals Market in 2025?
In the cosmetic chemicals market, product innovation is becoming a predominant trend. Firms in this sector are concentrating their efforts on creating innovative products to solidify their market standing. A case in point occurred in February 2022, when the US-based science and technology firm, Merck & Co. Inc., introduced RonaCare Baobab and RonaCare Hibiscus, which are new cosmetic ingredients. These two products were developed from the baobab fruit and the hibiscus flower, which are nutrient-dense superfoods with skin benefits. The plant extracts are suitable for a wide range of skin-care applications, from everyday skincare to dermo-cosmetics, and are obtained through sustainable and ethical processes. RonaCare Baobab provides firm elastin and collagen protection and mitigates skin irritation. Similarly, RonaCare Hibiscus reduces skin irritation, supports sensitive skin care, protects against oxidative stress, prevents collagen degradation, and enhances the vitality of skin cells.

What Are the Key Segments in the Cosmetic Chemicals Market?
The cosmetic chemicals market covered in this report is segmented -

1) By Product Type: Surfactants, Emollients And Moisturizers, Colorants And Pigments, Preservatives, Emulsifying And Thickening Agents
2) By Application: Perfumes And Fragrances, Hair Care And Skincare, Color Cosmetic Chemicals, Other Applications

Subsegments:
1) By Surfactants: Anionic Surfactants, Cationic Surfactants, Non-Ionic Surfactants, Amphoteric Surfactants
2) By Emollients And Moisturizers: Natural Emollients, Synthetic Emollients, Humectants
3) By Colorants And Pigments: Organic Colorants, Inorganic Pigments, Natural Colorants
4) By Preservatives: Parabens, Phenoxyethanol, Natural Preservatives
5) By Emulsifying And Thickening Agents: Natural Emulsifiers, Synthetic Emulsifiers, Thickening Polymers

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Who Are the Key Players Shaping the Cosmetic Chemicals Market's Competitive Landscape?
Major companies operating in the cosmetic chemicals market are Dow Chemical Company, Givaudan SA, Ashland Global Holdings Inc., Eastman Chemical Company, Lonza Group Limited, BASF SE, Lanxess AG, P&G Chemicals, Solvay SA, Evonik Industries AG, Bayer AG, Croda International PLC, Stephan Company, Symrise AG, Cargill Inc., Lubrizol Corporation, Cobiosa, Genomatica Inc., Pharmacos, Wacker Chemie AG, Synthomer PLC, Celanese Corporation, Arkema Inc., ARLANXEO Holding BV, Apcotex Industries Limited, Asahi Kasei Corporation, KCC Corporation, Bluestar Silicones USA Corp., Clariant AG, Huntsman Corporation, Momentive Performance Materials Inc., Nippon Shokubai Co. Ltd., OMNOVA Solutions Inc., Shin-Etsu Chemical Co. Ltd.

What Geographic Markets Are Powering Growth in the Cosmetic Chemicals Market?
North America was the largest region in the cosmetic chemicals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global cosmetic chemicals market during the forecast period. The regions covered in the cosmetic chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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