The global Cosmetic Chemicals for Hair Care Market size is expected to reach USD 31.04 Billion in 2028 and register a CAGR of 4.9% over the forecast period, according to the latest report by Reports and Data. Increasing disposable income among consumers in developing countries, growing preference for anti-aging products, rising demand for cosmetic products formulated using non-toxic ingredients, availability of personalized cosmetics, and rising expenditure on premium cosmetic products are some key factors driving market revenue growth. Cosmetic chemicals are a combination of chemical compounds that are obtained from different synthetic sources. Cosmetic chemicals are used to enhance physical and functional qualities of personal care products such as creams, shampoos, conditioners, lotions, toners, and makeup cosmetics.
Some of the leading players in the global Cosmetic Chemicals for Hair Care Market:
Dow, Bayer AG, Ashland Inc., Eastman Chemical Company, Akzo Nobel NV, BASF SE, Lanxess, PG Chemicals, Solvay S.A., and Evonik Industries AG.
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Some Key Highlights From the Report:
- In August 2021, Jowell Global announced its cooperative relationship with Hope Bio-Technology. This partnership will help both companies to develop new cell-tech based skincare products, cosmetics, health and nutrition supplements.
- Emollients moisturizers segment accounted for the largest revenue share in global market in 2020. This can be attributed to rising preference for soft and moisturized skin and growing demand for face creams, lotions, and lipsticks.
- North America accounted for largest revenue share in the global market in 2020. Robust presence of key market players and rising investment by private investors in cosmetics research and development activities are some major factors driving revenue growth of the market in this region.
Key questions addressed in the report:
- What is the expected market size of the global Cosmetic Chemicals for Hair Care Market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Cosmetic Chemicals for Hair Care Market?
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Cosmetic Chemicals for Hair Care Market Segmentation:
Product Outlook:
- Surfactants
- Film Formers
- Emollients Moisturizers
- Preservatives
- Colorants Pigments
- Emulsifying Thickening Agents
- Single-Use Additive
Application Outlook:
- Hair Care
- Skin Care
- Oral Care
- Color Cosmetics
- Toiletries
Function Outlook:
- Moisturizing Agent
- Cleansing Agent
- Coloring Agent
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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