Global Cosmetic Chemicals Market 2021-2027

Global Cosmetic Chemicals Market Size, Share & Trends Analysis Report by Product Type (Emollients, Surfactants, Single-Use Additives, Preservatives, Carriers, Powders & Colorants, Film Formers & Moisturizers, Thickening Agents, and Others), and by Application (Skincare, Haircare, Perfumes & Fragrances, Color Cosmetics, and Others) Forecast, 2021-2027

The global cosmetic chemicals market is projected to grow at a CAGR of 7.5% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the rising demand for cosmetic products across the globe owing to the increased awareness of the consumers regarding various cosmetic products. Besides, cosmetic products formulated with natural ingredients and the inclination of the consumer to spend on premium products is driving demand for organic grade cosmetic chemicals products. This, in turn, provides growth opportunities for the market to grow during the forecast period. Furthermore, the rising aging population is also one of the major factors that prompt the need for cosmetic & personal care products; hence, this is likely to drive the growth of the market.

The global cosmetic chemicals market is segmented on the basis of product type and application. Based on the product type, the market is segmented as emollients, surfactants, single-use additives, preservatives, carriers, powders & colorants, film formers & moisturizers, thickening agents, and others. Amongst these, the emollients and surfactants segment of the market is projected to hold the most substantial share in the market during the forecast period. Based on the application, the market is segmented as skincare, haircare, perfumes & fragrances, color cosmetics, and others. Amongst these, the skincare and haircare segments of the market are projected to hold the most substantial share in the market during the forecast period. 

Whereas, based on geography, the global cosmetic chemicals market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the cosmetic chemicals market in the region. Further, ADM Co., BASF SE, Cargill, Inc., Croda International Plc, Dow Chemical Co., DSM NV, Evonik Industries AG, P&G Chemicals, and Solvay SA among others are some of the prominent players functioning in the global cosmetic chemical market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. 

Research Methodology

The market study of the global cosmetic chemical market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Cosmetic Chemical Market Research and Analysis by Product Type
2. Global Cosmetic Chemical Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the global cosmetic chemical market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global cosmetic chemical market.
• Insights about market determinants which are stimulating the global cosmetic chemical market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.