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Global Cosmetic Chemicals Market is Expected to grow to US$27.554 billion by 2022

Cosmetic Chemicals Market Research Report

Cosmetic Chemicals Market Research Report

Market Research Report on Cosmetic Chemicals Market

RAIPUR, INDIA, November 21, 2017 / --

Report Sellers has added a new market research report “Cosmetic Chemicals Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, Cosmetic Chemicals Market is expected to grow at a compound annual growth rate of 4.83% over the forecast period to grow to US$27.554 billion by 2022, increasing from US$21.765 billion in 2017.

Cosmetic chemicals are integral part of different cosmetic products such as conditioners, shampoos, lotions, and creams among others. These chemicals help in increasing shelf-life of the products due to presence of various preservatives while enhancing the appearance of the user.

Rising disposable income and living standards, changing consumer preferences, and advanced packaging solutions is augmenting the demand for cosmetic products. Increasing demand for personal care products is providing necessary impetus for the growth of global cosmetic chemicals market.

Competitive Insights: Prominent key market players in Cosmetic Chemicals market include Akzo Nobel, The Dow Chemical Company, BASF, Evonik, and Huntsman among others. The global cosmetic chemicals company is highly fragmented due to the presence of large number of global and regional vendors.

Owing to the intense competition in the industry, market players need to follow strategic partnerships and M&A while expanding their product portfolio by launching new products as per the changing needs of customers around the globe. Recently in May 2017, Huntsman Corporation and Clariant have announced their merger to create a leading global specialty chemical company named HuntsmanClariant to improve growth profile in highly attractive end markets and geographies.

Browse through the complete description and in-depth TOC on “Cosmetic Chemicals Market”

Report Scope

Cosmetic Chemicals market is segmented by product, by application, and by geography:

By Product
Thickening Agents
Powders, Colorants, and Pigments

By Application
Skin Care
Hair Care
Make Up
Perfumes and Fragrances
Oral Care

By Geography
North America
South America
Middle East and Africa
Asia Pacific

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