According to the latest market research study by Technavio, the global cosmetic ingredients market is expected to grow at a CAGR of close to 4% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global cosmetic ingredients market in terms of revenue and emerging market trends. The report also includes a competitive analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the type
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The top three revenue contributing type segments are discussed below
Global emollients, film-formers, and moisturizers market: Emollients, film-formers, and moisturizers are skin softening products. With the increasing demand for anti-aging products, the demand for emollients that contain active ingredients is also increasing.
“Emollients can be distinguished based on their formulations. These chemicals enhance the slip, glide, and sensorial properties. Similarly, film-forming ingredients form a real, flexible film on the skin and hair that promotes the transfer resistance, smudge proof, and long-wear properties. Film-formers such as proteins, acrylates, acrylamides, and cross-polymers are added in cosmetics to provide a smooth finish to the skin,” says Ajay Adikari, a lead analyst at Technavio for research on specialty chemicals.
Global surfactants market: Surfactants are surface active agents that help stabilize multiphase components. They are effective for applications such as cleansing, emulsification, solidification, condition, and special effects (anti-microbial and pearlescent effects). The integrity and performance of a cosmetic product are enhanced using surfactants in formulations. Surfactant products have excellent cleansing capabilities, which form a primary requirement in many makeup products.
Global single-use additives market: Single-use additives are used in cosmetic products to bring about unique functionality. Components such as antiperspirants, antidandruff agents, and deodorants fall under the purview of single-use additive cosmetic ingredients. Polymers for hair conditioning and hair setting resins are used as cosmetic additives as well.
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The top vendors operating in the global cosmetic ingredients market are:
- AkzoNobel
- Ashland
- BASF
- Clariant
- Evonik Industries
The other prominent vendors in the market include Active Organics, Bayer, Croda International, Eastman Chemical, Emery Oleochemicals, FMC, Pilot Chemical, Procter & Gamble (P&G), Solvay, and United-Guardian Incorporated.
A more detailed analysis is available in the Technavio market research report titled, ‘Global cosmetic ingredients Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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