The global cosmetic chemical market is anticipated to grow significantly at a CAGR of 7.5% over the forecast period (2024-2031). 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. The emollient segment is likely to hold 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.
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Amongst the application, skincare & haircare segment are likely to hold substantial share in the market during the forecast period. The key aspect that drives the segmental growth of the global cosmetic chemical market includes increasing demand for anti-aging products, sunscreen lotions, and cosmetics products are driving the adoption of cosmetic & personal care products across the globe. Besides, as a result of this, the major players in the market such as BASF SE, Cargill, Inc., Croda International Plc, Dow Chemical Co., DSM NV among others are significantly focusing on launching novel skin friendly chemicals containing potential antioxidants and other beneficial properties.
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Market Coverage
- Segment Covered- By Product Type and Applications
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- 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
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cosmetic Chemical Market – Segmentation
By Product Type
- Emollients
- Surfactants
- Single-use Additives
- Preservatives
- Carriers, Powders & Colorants
- Film Formers & Moisturizers
- Thickening Agents
- Others
By Applications
- Skincare
- Haircare
- Perfumes & Fragrances
- Color Cosmetics
- Others
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