The global cosmetic chemicals market size reached US$ 14.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 19.74 Billion by 2027 exhibiting a growth rate (CAGR) of 5.60% during 2022-2027.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Cosmetic chemicals represent the blend of several chemical compounds that are extracted from natural and synthetic sources. They can be categorized into surfactants, colorants, preservatives, emulsifiers, emollients, rheology, thickening agents, etc. Cosmetic chemicals help in manufacturing beauty and self-care products in numerous forms, including gel, pastes, lotions, tablets, aerosols, etc., and improve their shelf life. They have nourishing, conditioning, and cleansing properties. As a result, cosmetic chemicals are extensively utilized in the production of skincare, hair care, make-up, oral care, and other items.
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Cosmetic Chemicals Market Trends and Drivers:
The expanding cosmetic industry and the escalating demand for various beauty and hygiene products, on account of the evolving self-consciousness towards individual physical appearance are primarily driving the cosmetic chemicals market.
Additionally, the increasing social media influence regarding beauty standards and the emerging trend of celebrity endorsements promoting the usage of cosmetics and personal grooming items are acting as significant growth-inducing factors. Besides this, the rising availability of premium-quality shampoos, moisturizers, shaving creams, lip balms, toothpaste, deodorants, etc., through online retail channels is also positively influencing the market growth.
Apart from this, the development of innovative products by leading market players using organic and bio-based ingredients and the growing adoption of unique promotional strategies, such as housing beauty studios with personalized beauty advisors, are expected to bolster the cosmetic chemicals market in the coming years.
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Cosmetic Chemicals Market Report Scope |
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Report Coverage |
Details |
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Market size value in 2021 |
US$ 14.13 Billion |
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Market forecast in 2027 |
US$ 19.74 Billion |
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Growth Rate |
CAGR of 5.60% from 2022 to 2027 |
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Base year for estimation |
2021 |
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Historical data |
2016-2021 |
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Forecast period |
2022-2027 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Product Type and Application |
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Regional scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
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Key companies profiled |
Ashland Global Specialty Chemicals Inc., BASF SE, Bayer Aktiengesellschaft, Cargill Incorporated, Croda International plc, Dow Inc., Eastman Chemical Company, Evonik Industries AG (RAG-Stiftung), Givaudan SA, Solvay S.A., Symrise AG, The Lubrizol Corporation (Berkshire Hathaway Inc.) and The Procter & Gamble Company. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product Type:
• Surfactants
• Polymer Ingredients
• Colorants
• Preservatives
Breakup by Application:
• Skin Care
• Hair Care
• Make-Up
• Oral Care
• Fragrances
• Others
By Geography:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
List of Major Key Players:
The major players in the market are
- Ashland Global Specialty Chemicals Inc.
- BASF SE
- Bayer Aktiengesellschaft
- Cargill Incorporated
- Croda International plc
- Dow Inc.
- Eastman Chemical Company
- Evonik Industries AG (RAG-Stiftung)
- Givaudan SA
- Solvay S.A.
- Symrise AG
- The Lubrizol Corporation (Berkshire Hathaway Inc.)
- The Procter & Gamble Company.
Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/cosmetic-chemicals-market
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization
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