Cosmetic Chemicals Market Analysis

The major applications of these chemicals include the skin care products, hair care products, color cosmetics, makeup, toiletries and oral care among others. 

The major diving factors of the cosmetic industry include growing demand from the ethnic groups for beauty products that are tailored according to their needs. In addition, the increasing purchasing power coupled with growing awareness and demand for personal care products among the aging baby boomers is also expected to fuel demand for cosmetic chemicals market. However, increasing demand of natural ingredients may hamper the growth graph of the global cosmetic chemicals market. In addition, major companies have comply with standards and regulations in the industry. 

The key segments for cosmetic chemicals market include North America, Asia Pacific, Europe and Rest of the World (RoW). North America is expected to be the largest consumer of cosmetic chemical owing to the high demand for hair care products and growing demand for multifunctional products. In addition, growing male grooming segment is also expected to boost demand for cosmetic chemicals in the market. Asia Pacific is expected to be the largest consumer of cosmetic chemicals in the near future. Southeast Asia including Thailand, Malaysia, Indonesia, Vietnam and Singapore is expected to show substantial growth in the coming years. 

The trends that the cosmetic industry follow globally include Globalization of cosmetic products as major international companies such as L’Oreal, Unilever and Procter & Gamble continue to invest in the growing markets. Other trends include consolidation, increased use of nontraditional distribution channels and growing interest in cosmeceuticals among others.

The cosmetic chemicals companies use innovative bio based high performance products and advanced technologies to manufacture a wide variety of products. The key companies profiled include: Akzo Nobel NV, Ashland Incorporated, Active Organics, BASF SE, Berkshire Hathaway Incorporated, Bayer AG, Clariant International Limited, Dow Chemical Company, Eastman Chemical Company, Evonik Industries AG, Emery Oleochemicals Group, FMC Corporation, Novecare, Integrated Botanical Technologies, Pilot Chemical Company, Procter & Gamble Company, Solvay SA and United-Guardian Incorporated among others. 

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.