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Cosmetic Chemicals: Global Strategic Business Report

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    Report

  • 266 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 992766

Global Cosmetic Chemicals Market to Reach $67.7 Billion by 2030

The global market for Cosmetic Chemicals estimated at US$42.4 Billion in the year 2022, is projected to reach a revised size of US$67.7 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Emollients & Moisturizers, one of the segments analyzed in the report, is projected to record a 6.8% CAGR and reach US$21.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Surfactants segment is readjusted to a revised 6.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $11.6 Billion, While China is Forecast to Grow at 10.2% CAGR

The Cosmetic Chemicals market in the U.S. is estimated at US$11.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.5 Billion by the year 2030 trailing a CAGR of 10.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.5 Billion by the year 2030.

Select Competitors (Total 28 Featured) -

  • Akzo Nobel NV
  • Ashland Global Holdings Inc.
  • BASF SE
  • Clariant International Ltd.
  • Dow Inc.
  • Dow Inc.
  • Eastman Chemical Company
  • Evonik Industries AG
  • Firmenich SA
  • Givaudan S.A.
  • International Flavors & Fragrances Inc.
  • LANXESS AG
  • Lonza Group Limited
  • P&G Chemicals
  • Sederma S.A.S
  • Solvay SA
  • Symrise AG
  • The Lubrizol Corporation

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Cosmetic Chemicals

What is the estimated value of the Global Market for Cosmetic Chemicals?

The Global Market for Cosmetic Chemicals was estimated to be valued at $42.4 Billion in 2022.

What is the growth rate of the Global Market for Cosmetic Chemicals?

The growth rate of the Global Market for Cosmetic Chemicals is 6.0%, with an estimated value of $67.7 Billion by 2030.

What is the forecasted size of the Global Market for Cosmetic Chemicals?

The Global Market for Cosmetic Chemicals is estimated to be worth $67.7 Billion by 2030.

Who are the key companies in the Global Market for Cosmetic Chemicals?

Key companies in the Global Market for Cosmetic Chemicals include Akzo Nobel NV, Ashland Global Holdings Inc., BASF SE, Clariant International Ltd., Dow Inc., Dow Inc., Eastman Chemical Company, Evonik Industries AG, Firmenich SA and Givaudan S.A..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Cosmetic Chemicals: Essential for Enhancing Functionality, Properties and Efficacy of Cosmetic Products
  • Recent Market Activity
  • Emerging Economies to Drive Future Growth
  • Emollients & Moisturizers - The Fastest Growing Segment
  • Surfactants Demand Supported by Growing Use in Skincare and Makeup Products
  • Biosurfactants: Benefiting from Increased Awareness for Eco-Friendly Ingredients
  • Specialty and Organic Surfactants Gain Popularity as Personal Care Ingredients
  • Emulsifier: A Major Surfactant for Use in Personal Care Products
  • Few Large-Scale Companies Dominate Cosmetic Chemicals Market
  • Challenges Confronting Cosmetic Chemicals Market
  • Cosmetic Chemicals - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Akzo Nobel N.V. (Netherlands)
  • Ashland, Inc. (USA)
  • BASF SE (Germany)
  • Clariant International Ltd. (Switzerland)
  • Croda International Plc (UK)
  • Sederma S.A.S (France)
  • DowDuPont (USA)
  • Dow Corning Corporation (USA)
  • Eastman Chemical Company (USA)
  • Evonik Industries AG (Germany)
  • Firmenich SA (Switzerland)
  • Givaudan S.A. (Switzerland)
  • International Flavors & Fragrances, Inc. (USA)
  • Koninklijke DSM N.V. (Netherlands)
  • LANXESS AG (Germany)
  • Lonza Group Limited (Switzerland)
  • The Lubrizol Corporation (USA)
  • P&G Chemicals (USA)
  • Solvay SA (Belgium)
  • Symrise AG (Germany)
3. MARKET TRENDS & DRIVERS
  • Sustainability Trend Captures Manufacturer's Attention
  • Product Innovations Mark the Field of Cosmetic Chemicals
  • An Overview Recent Innovations in the Cosmetic Ingredients Market
  • Anti-Pollution Cosmetics: New Growth Avenues for Cosmetic Chemicals
  • Increasing Use of UV Absorbers in Personal Care Formulations
  • Increasing Use of Cosmetics among Male Consumers: A Major Growth Influencer
  • Natural and Organic: New Buzzwords in the Cosmetics World
  • A Glance at Recently Launched Novel Natural Ingredients
  • Inclination towards Natural Ingredients Drives Market for Food-Based Cosmetics
  • Growing Popularity of Multifunctional Ingredients
  • Rising Prominence of Ingredients with Multisensory Benefits
  • Brands Look to Improve Performance of Skincare and Hair Care Products
  • Growing Prominence of Nanotechnology in Cosmetics
  • Popularity of Anti-Aging Products Bodes Well for Cosmetic Chemicals Market
  • Cosmetic Companies Target Preservation of Mitochondria in Anti-Aging Creams
  • Anti-Aging Market: Research-Backed Ingredients Vital for Success
  • Innovations in Anti-Aging Ingredients
  • Choice of Ingredients Varies by Product's Targeted Age Group
  • Cosmetics for Colored Women and the Major Issue of Toxic Chemicals
  • Beauty Ingredients Imitating Bio Functions
  • Cosmetics Propel Growth of Fatty Esters Market
  • Biocides Driven by Dynamism in Personal Care Sector
  • Advances in Polymers Broaden Scope of Cosmetics
  • Cosmetic Formulators Keen on Sensitive Skins
  • Halal-Certified Cosmetics Gaining Wider Adoption in Muslim Countries
  • Rising Demand for Innovative Skin Lightening Ingredients
  • Natural Skin Lightening Ingredients - The Way Ahead
  • Lax Regulations, Unsafe Ingredients - Major Areas of Concern
  • Botanicals Top the Charts in Shaving Preparation Ingredients
  • Modern Polymer Technology for Better Hair Styling Results
  • Cosmetic Companies Evaluate Potential of Encapsulation Systems in Formulations
  • Shift from 'Indulgence' to 'Homedulgence' to Improve Market Opportunities
  • Favorable Demographics Promote Market Growth
  • Women: An Important Consumer Cluster
  • Expanding Middle Class Population to Drive Demand
  • Urbanization: A Mega Trend
  • E-Retail Boom in Personal Care Products to Benefit Cosmetic Chemicals
  • Market Challenges
  • Ingredient Toxicity: A Continuing Concern for Cosmetic Chemicals Market
  • Global Treaty Curbs Utilization of Mercury in Soaps and Cosmetics
  • Misbranding and Incorrect Labeling Drives Focus onto Proper Certification Solutions
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Cosmetic Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Cosmetic Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Cosmetic Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Surfactants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Surfactants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Surfactants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Perfumes & Fragrances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Perfumes & Fragrances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Perfumes & Fragrances by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Hair Care & Skin Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Hair Care & Skin Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Hair Care & Skin Care by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Color Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Color Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Color Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Emollients & Moisturizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Emollients & Moisturizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Emollients & Moisturizers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Emulsifying & Thickening Agents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Emulsifying & Thickening Agents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Emulsifying & Thickening Agents by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Film Formers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Film Formers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for Film Formers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 31: World Cosmetic Chemicals Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Cosmetic Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Akzo Nobel NV
  • Ashland Global Holdings Inc.
  • BASF SE
  • Clariant International Ltd.
  • Dow Inc.
  • Dow Inc.
  • Eastman Chemical Company
  • Evonik Industries AG
  • Firmenich SA
  • Givaudan S.A.
  • International Flavors & Fragrances Inc.
  • LANXESS AG
  • Lonza Group Limited
  • P&G Chemicals
  • Sederma S.A.S
  • Solvay SA
  • Symrise AG
  • The Lubrizol Corporation