Global Cosmetic Chemicals Market Report 2021: Market To Reach $ 31.7 Billion By 2027

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DUBLIN, August 6, 2021 / PRNewswire / – The “Cosmetic chemicals – Global market trajectory and analysis” report was added to ResearchAndMarkets.com offer.

Global Cosmetic Chemicals Market To Reach $ 31.7 billion by 2027

In the midst of the COVID-19 crisis, the global cosmetic chemicals market is estimated at US $ 21.3 billion in 2020, is expected to reach a revised size of US $ 31.7 billion by 2027, with a CAGR of 5.8% over the analysis period 2020-2027.

Emollients, film formers and moisturizers, one of the segments analyzed in the report, is expected to register a CAGR of 6.3% and reach US $ 10.7 billion at the end of the analysis period. After an initial analysis of the business implications of the pandemic and its induced economic crisis, the growth of the surfactants segment is readjusted to a revised CAGR of 6.4% for the next 7-year period.

The US market is estimated at $ 5.8 billion, while China is expected to grow at 8.9% CAGR

The cosmetic chemicals market in the United States is estimated at US $ 5.8 billion in the year 2020. China, the world’s second-largest economy, is expected to reach a projected market size of 6.7 billion US dollars by 2027, with a CAGR of 8.9% over the analysis period of 2020 to 2027. Other notable geographies include Japan and Canada, each forecasts growth of 3.2% and 5.2% respectively over the period 2020-2027. In Europe, Germany is expected to grow at around 3.7% CAGR.

Single use additives segment registers 5.5% CAGR

In the global segment of single-use additives, United States, Canada, Japan, China and Europe will lead to the estimated 5% CAGR for this segment. These regional markets representing a combined market size of US $ 2.7 billion in 2020 will reach a projected size of 3.8 billion US dollars before the end of the analysis period.

China will remain among the most dynamic of this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach 4.3 billion US dollars by 2027, while Latin America will increase at a CAGR of 6.7% throughout the analysis period.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market
  • Global market trajectories
  • Cosmetic chemicals: essential for improving the functionality, properties and effectiveness of cosmetic products
  • Recent market activity
  • Emerging economies to stimulate future growth
  • Emollients and Moisturizers – The Fastest Growing Segment
  • Demand for surfactants supported by increasing use in skin care and makeup products
  • Biosurfactants: benefit from increased awareness of environmentally friendly ingredients
  • Specialty and Organic Surfactants Gain Popularity as Personal Care Ingredients
  • Emulsifier: a major surfactant for use in personal care products
  • Few large companies dominate the cosmetic chemicals market
  • Challenges facing the cosmetic chemicals market
  • Impact of Covid-19 and an impending global recession

2. FOCUS ON CERTAIN PLAYERS

  • Akzo Nobel NV (Netherlands)
  • Ashland, Inc. (United States)
  • BASF SE (Germany)
  • Clariant International Ltd. (Swiss)
  • Croda International Plc (United Kingdom)
  • Sederma SAS (France)
  • DowDuPont (United States)
  • Dow Corning Company (United States)
  • Eastman Chemical Company (United States)
  • Evonik Industries AG (Germany)
  • Firmenich SA (Swiss)
  • Givaudan SA (Swiss)
  • International Flavors and Fragrances, Inc. (United States)
  • Koninklijke DSM NV (Netherlands)
  • LANXESS SA (Germany)
  • Lonza Group Limited (Swiss)
  • The Lubrizol company (United States)
  • P&G Chemicals (United States)
  • Solvay SA (Belgium)
  • Symrise SA (Germany)

3. MARKET TRENDS AND FACTORS

  • Sustainability trend captures manufacturers’ attention
  • Product innovations mark the field of cosmetic chemicals
  • An overview of recent innovations in the cosmetic ingredients market
  • Anti-Pollution Cosmetics: new avenues of growth for cosmetic chemistry
  • Growing use of UV absorbers in personal care formulations
  • Growing use of cosmetics among male consumers: a major growth factor
  • Natural and organic: new buzzwords in the cosmetics world
  • A look at the recently launched new natural ingredients
  • Tilt Toward Natural Ingredients Boosts Food-Based Cosmetics Market
  • Growing popularity of multifunctional ingredients
  • Growing importance of ingredients with multisensory benefits
  • Brands seek to improve the performance of skin and hair care products
  • Growing importance of nanotechnology in cosmetics
  • The popularity of anti-aging products bodes well for the cosmetic chemical market
  • Cosmetic companies target mitochondria preservation in anti-aging creams
  • Anti-aging market: ingredients backed by research essential for success
  • Innovations in anti-aging ingredients
  • The choice of ingredients varies depending on the target age group of the product
  • Cosmetics for women of color and the biggest problem with toxic chemicals
  • Beauty ingredients imitating organic functions
  • Cosmetics are driving the growth of the fatty ester market
  • Biocides Driven by Dynamism in the Personal Care Sector
  • Advances in polymers broaden the field of cosmetics
  • Cosmetic formulators passionate about sensitive skin
  • Halal Certified Cosmetics Gain Adoption in Muslim Countries
  • Growing demand for innovative skin lightening ingredients
  • Natural Skin Lightening Ingredients – The Way Forward
  • Lax regulations, dangerous ingredients – Major areas of concern
  • Botanicals tops the charts for shave prep ingredients
  • Modern polymer technology for better styling results
  • Cosmetic companies assess the potential of encapsulation systems in formulations
  • Go from “indulgence” to “indulgence” to improve market opportunities
  • Favorable demographics drive market growth
  • Women: an important group of consumers
  • Growing the middle class population to stimulate demand
  • Urbanization: a mega trend
  • E-commerce boom in personal care products in favor of cosmetic chemicals
  • Market challenges
  • Ingredient toxicity: a constant concern for the cosmetic chemicals market
  • Global treaty limits use of mercury in soaps and cosmetics
  • Poor branding and incorrect labeling lead to focus on appropriate certification solutions

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States
  • Canada
  • Japan
  • China
  • Europe
  • France
  • Germany
  • Italy
  • UK
  • Spain
  • Russia
  • The rest of europe
  • Asia Pacific
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East
  • Iran
  • Israel
  • Saudi Arabia
  • United Arab Emirates
  • Rest of the Middle East
  • Africa

IV. COMPETETION

  • Total number of profiled companies: 241

For more information on this report, visit https://www.researchandmarkets.com/r/mfhqp

Media contact:

Research and markets
Laura Wood, senior
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SOURCE Research and Markets

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