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Cosmetic Chemicals: Global Strategic Business Report

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    Report

  • 266 Pages
  • April 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

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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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

Table Information