Global Cosmetic Chemicals Market, By Product Type (Surfactants, Emollients and Moisturizers, Film Former, Preservatives, Emulsifying and Thickening Agents, Single-Use Additives, Others), Function (Cleansing Agent, Moisturizing Agent, Coloring Agent), Application (Skin Care, Hair Care, Makeup, Color Cosmetics, Oral Care, Fragrances, Others) – Industry Trends and Forecast to 2029.
Cosmetic Chemicals Market Analysis and Size
The cosmetic chemicals offer useful and physical characteristics to personal care products such as makeup items, skin lotions, body cream, hair conditioners, shampoo and others. Almost 1500 chemicals have been recognized to be used cosmetic chemicals globally. The preservative sector is anticipated to seek the greatest growth rate in terms of revenue. Moreover, the skin care category leads the market’s growth with over 28.9% of the market share in terms of revenue. The rising demand for the chemical products globally is a vital factor boosting market growth over the forecasted period.
Global cosmetic chemicals market was valued at USD 19.71 billion in 2021 and is expected to reach USD 33.19 billion by 2029, registering a CAGR of 6.73% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cosmetic Chemicals Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Product Type (Surfactants, Emollients and Moisturizers, Film Former, Preservatives, Emulsifying and Thickening Agents, Single-Use Additives, Others), Function (Cleansing Agent, Moisturizing Agent, Coloring Agent), Application (Skin Care, Hair Care, Makeup, Color Cosmetics, Oral Care, Fragrances, Others) |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
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Market Players Covered |
Akzo Nobel N.V. (Netherlands), Berkshire Hathaway Inc. (U.S.), Ashland Global (U.S.), Bayer AG (Germany), BASF SE (Germany), EVONIK. (Germany), Lonza Group AG (Switzerland), Clariant (Switzerland), Dow (U.S.), Givaudan (Switzerland), Eastman Chemical Company (U.S.), FMC Corporation (U.S.), Emery Oleochemicals (U.S.), Solvay (Belgium), Pilot Chemical Corp. (U.S.), Procter & Gamble (U.S.), United-Guardian (U.S.), LANXESS (Germany) |
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Market Opportunities |
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Market Definition
Global Cosmetic Chemicals Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising demands for cosmetics
Rising demands for skin care, anti-aging and hair care related products is the major factor driving the cosmetics industries across the globe and thus, driving the growth for the cosmetic chemicals market over the forecasted period. The various applications and uses of the chemical in cosmetics include as surfactants, emollients and moisturizers and others. They are also used as thickeners in various formulations, coloring agents, and fragrances in cosmetic industries. All these factors are driving the market's growth over the forecasted period.
- Increasing pollution and stress related problems
The increasing pollution and stress related problems in the population across the globe is also the factor responsible for the increasing demands for the cosmetic chemicals. The increasing pollution and stress-related problems have led to the rising issues such as rapid aging, grey hair and hair loss amongst the people across the globe. All these factors are driving the growth of the market over the forecasted period.
Opportunities
- Technological Advancements and Developments
The rising demands of the cosmetic chemicals in the cosmetics industries and the rising investments in ten research and development activities by various manufacturing units is the factor that will create significant growth opportunities and will further expand the future growth of the cosmetic chemicals market. Various chemicals are used in the manufacturing of cosmetics for enhanced efficiency of cosmetic products. These are used as emulsifiers, emollients, moisturizers, anti-aging properties in various formulations. Moreover, the wide range of perfumes and coloring agents use these agents for receiving the enhanced outcomes. These factors are creating significant lucrative growth opportunities for the market over the forecasted period.
Restraints/Challenges
- Rising demands for natural products
The rising demands for the natural products by the consumers across the globe due to the side-effects of the chemical constituents is the major factor creating hindrance and will create hindrances for the growth of the cosmetic chemicals market over the forecasted period.
- Fluctuations in Raw Material Prices
The inconsistent raw material prices have a direct negative impact on the overall market’s growth. As a result, these fluctuations will pose as a major challenge the cosmetic chemicals market growth rate.
This cosmetic chemicals market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cosmetic chemicals market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Covid-19 Impact on Cosmetic Chemicals Market
The covid-19 has brought an urge in the sales of personal hygiene and skincare products during the pandemic and post-pandemic era. Therefore, the rise in the sales of skin care products were recorded during the initial phase of the pandemic era across the globe. Due to the rising demands for natural products, the market suffered a significant decline due to decreased sales of the chemically manufactured cosmetics and related products. Thus, the decline in the sales was recorded due to the changed buying patterns of the consumers during pandemic.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Cosmetic Chemicals Market Scope
The cosmetic chemicals market is segmented on the basis of product type, function and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Surfactants
- Anionic
- Cationic
- Non-ionic
- Amphoteric
- Emollients and Moisturizers
- Amino Acids & Polypeptides
- Esters & Fatty Acids
- Hydrocarbons
- Lanolin & derivatives
- Polyol Sweeteners
- Silicones
- Triglycerides
- Others
- Film Former
- Preservatives
- Parabens
- Esters
- Formaldehyde Donors
- Phenol Derivatives
- Alcohols
- Quaternary Compounds
- Organic Acids
- Emulsifying and Thickening Agents
- Cellulose ethers
- Hydrocolloids
- Polyacrylates
- Silicas and silicates
- Others
- Single-Use Additives
- Conditioning polymers
- Antidandruff agents
- Antiperspirants and deodorants
- UV ingredients
- Anti-aging Ingredients
- Others
Function
- Cleansing Agent
- Moisturizing Agent
- Coloring Agent
Application
- Skin Care
- Hair Care
- Makeup
- Color Cosmetics
- Oral Care
- Fragrances
- Others
Cosmetic Chemicals Market Regional Analysis/Insights
The cosmetic chemicals market is analyzed and market size insights and trends are provided by product type, function and application as referenced above.
The countries covered in the cosmetic chemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance due to the increasing disposable income of the population along with prevalence of leading cosmetic and chemical manufacturing companies within the region.
Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the rising consumer base, better standards of living and increasing demands of cosmetic chemicals in the developing countries such as India and China.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cosmetic Chemicals Market Share Analysis
The cosmetic chemicals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cosmetic chemicals market.
Some of the major players operating in the cosmetic chemicals market are
- Akzo Nobel N.V. (Netherlands)
- Berkshire Hathaway Inc. (U.S.)
- Ashland Global (U.S.)
- Bayer AG (Germany)
- BASF SE (Germany)
- EVONIK. (Germany)
- Lonza Group AG (Switzerland)
- Clariant (Switzerland)
- Dow (U.S.)
- Givaudan (Switzerland)
- Eastman Chemical Company (U.S.)
- FMC Corporation (U.S.)
- Emery Oleochemicals (U.S.)
- Solvay (Belgium)
- Pilot Chemical Corp. (U.S.)
- Procter & Gamble (U.S.)
- United-Guardian (U.S.)
- LANXESS (Germany)
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