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Cosmetic Chemicals Market Size, Share, Key Players, Industry Dynamics and Forecast to 2027 | Reports And Data

Summary

The global Cosmetic Chemicals Market is forecast to reach USD 27.94 Billion by 2027, according to a new report by Reports and Data. The market is anticipated to witness an increase in demand from ethnic groups. Moreover, a rise in disposable income, […]

Cosmetic Chemicals Market

The global Cosmetic Chemicals Market is forecast to reach USD 27.94 Billion by 2027, according to a new report by Reports and Data. The market is anticipated to witness an increase in demand from ethnic groups. Moreover, a rise in disposable income, coupled with growing awareness, will propel the demand for the market. In countries like the U.S., the annual per capita income was USD 33,706 in 2018, and it rose to USD 45,646 in 2019, which will allow people to spend more on quality products. People in the present world are becoming highly competitive; therefore, they have become very conscious about their personalities. Hence looking young and fit has become a primary issue of concern. Such issues of looking dynamic will propel the growth of this market.

Key participants include BASF SE, Stepan Company, Cargill, Incorporated, P&G Chemicals, Symrise, DOW, Givaudan, Croda International Plc, Genomatica, Inc, and COBIOSA, among others.

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Increasing investment in the research and development for cost-efficient products with the usage of available natural sources of raw material will further enhance the market growth. Moreover, these products are generally premium priced due to their attached psychological desire related to health benefits, which will further propel growth among populations with rising disposable incomes. As regions like the U.S. and Europe have populations possessing high disposable incomes, they are estimated to register higher growth rates.

The most significant application of this chemical is in dermatology. The rates of air pollution across the globe are rising due to industrialization and urbanization, and it causes early skin aging, dryness, wrinkles, acne, pigmentation, cellular damage, and hair fall. The rise in health issues caused by air pollution has encouraged both young and elderly populations to use cosmetics chemicals.

For the purpose of this report, Reports and Data have segmented the global Cosmetic Chemicals Market on the basis of product, application, function, and region:

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Surfactants
  • Film Formers
  • Emollients & Moisturizers
  • Preservatives
  • Colorants & Pigments
  • Emulsifying & Thickening Agents
  • Single-Use Additives

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Hair Care
  • Skin Care
  • Oral Care
  • Color Cosmetics
  • Toiletries

Function Outlook (Revenue, USD Billion; 2017-2027)

  • Moisturizing Agent
  • Cleansing Agent
  • Coloring Agent

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

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Table of Content:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Cosmetic Chemicals Market Segmentation & Impact Analysis
4.1. Cosmetic Chemicals Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for ethnic groups
4.2.2.2. Rise in purchasing power
4.2.3. Market restraints analysis
4.2.3.1. Expensive products
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence

Continued…

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