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Emollients Market products, applications & regional performance 2017-2024
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The emollients market is majorly driven by the trends in the cosmetic, skin care, and hair care industries. Moreover, rising awareness about personal grooming and rapidly changing lifestyles are further enhancing the emollients market worldwide.
Over 31 million people in the U.S. have symptoms of eczema and more than 17 million people actually suffer from moderate to severe level of the disease. This will have a positive influence on global emollients market, which is used to reduce the frequency of eczema and reduces the risk of itching
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Less availability of some products and high product price may act as a restraint for the emollients market worldwide. These high priced cultured personal care and cosmetic products hinder the industry growth majorly in the developing countries. The impact of these restraints to the emollients market is very high in the short run. With increasing commercialization and competitive pricing the impact may reduce after a few years.
The emollients market can be segmented on the basis of various pointers such as by product, by end users and by region. On the basis of products, it can be segmented into soap substitutes, bath additives and cream & ointments. In soap substitutes it can be used as hand wash. In bath additives, it can be used as shampoos, ordinary bubble bath and shower gels. In cream and ointments, it can be a great substitute for shaving foam.
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Prominent players operating in the global emollients market are BASF SE, Solvay SA, Stepan Company, Stearinerie Dubois, Sasol Limited, Lubrizol Corporation, Ashland Inc, AAK AB, Lipo Chemicals, Innospec Inc., Lonza Group Ltd, Oleon, Kunshan Shuangyou Daily Chemicals Company Limited, Evonik Industries AG and Croda International Plc to name a few.
Recently in 2015, BASF, the multinational giant, expanded its production capacity for waxes and emollients in China. China is one of the primary player in Asia Pacific and to better serve the growing demand in this region, BASF enhanced its local production in China.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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