Brooklyn, New York, USA, 2021-May-21 — /Meridian Market Consultants/ — An overview of conceptual frameworks, analytical approaches of the specialty cosmetic ingredients market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The specialty cosmetic ingredients market is expected to grow at a significant rate in the near future.
The global specialty cosmetic ingredients market is estimated to reach at a value of US$ 16.1 Bn by the end of 2020 and expected to reach at a value of US$ 22.5 Bn by 2028 with a significant CAGR of 4.3%
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Generally, it is common human nature to yearn beauty. On account of this, the utilization of personal care and cosmetic products can be traced all the way back to the dawn of times where components such as honey, milk, lemon juice, mud, clay as well as arsenic have also been employed in the name of personal care and beauty products.
Talking about the present-day world, the personal grooming and cosmetics industry is contributing remarkably to the global gross domestic product (GDP). The surging awareness and concerns about physical appearance and overall health among the masses, at present, is majorly boosting the demand of beauty and personal care products, thus stimulating the demand of specialty cosmetic ingredients as well. Owing to which, the global specialty cosmetic ingredients market is projected to witness rapid growth in the forthcoming years.
In addition, the rising disposable income of the population, especially in developing economies including Asia-Pacific, is also expected to give a positive push to the demand of specialty cosmetic ingredients in the global markets, thereby giving an impetus to the growth of the global specialty cosmetic ingredients market in the years to come.
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The global specialty cosmetic ingredients market is segmented on the basis of product type, application, and region.
Emollients
Surfactants
Anionics
Non-Anionics
Cationics
Amphoterics
Others
Conditioning polymers
Rheology control agents
UV absorbers
Emulsifiers
Antimicrobials
Others
Skincare
Hair care
Oral care
Make-up
Fragrance
Others
North America
Latin America
Asia Pacific
Europe
Middle East
Africa
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The global specialty cosmetic ingredients market is dominated by Inolex, Vantage Specialty Ingredients, Naturex, Ashland, Inc., Akott, Symrise AG, Clariant International, BASF SE, Evonik Industries, Dow Chemicals, DSM, Croda International, Lonza, The Lubrizol Corporation, Huntsman International LLC, Kao Chemicals, among others.
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