{"id":57286,"date":"2024-07-16T12:04:10","date_gmt":"2024-07-16T12:04:10","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/07\/16\/cosmetic-chemical-market-to-attain-us-38-billion-by-2034-with-4-7-cagr-fact-mr-report\/"},"modified":"2024-07-16T12:04:10","modified_gmt":"2024-07-16T12:04:10","slug":"cosmetic-chemical-market-to-attain-us-38-billion-by-2034-with-4-7-cagr-fact-mr-report","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/cosmetic-chemical-market-to-attain-us-38-billion-by-2034-with-4-7-cagr-fact-mr-report\/","title":{"rendered":"Cosmetic Chemical Market to Attain US$ 38 Billion by 2034, with 4.7% CAGR | Fact.MR Report"},"content":{"rendered":"<div>\n<p><em>Steadily Increasing Demand for High-Quality and Long-Lasting Personal Care Products Benefiting Cosmetic Chemical Manufacturers.<\/em><\/p>\n<p align=\"justify\">Rockville, MD., July  16, 2024  (GLOBE NEWSWIRE) &#8212; According to the latest industry analysis by Fact.MR, the global <strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=n-lWvQd_lubod2CaQrAzah6lEXsB3F7tgzet8NdhK-EWrB3UBnwTAxU7U8fdRyXfkymTLjreW3dPYK2Fokwxjwz1xzLzDQNqYyGWraEgayCZiJ5iP4CrU83htN74avS5WsB9jbkZrzdrSloW5mveig==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>Cosmetic Chemical Market<\/u><\/a><\/strong> is expected to expand at a <strong>CAGR of 4.7%<\/strong> from 2024 to 2034, with revenue projected to reach <strong>US$ 38 billion<\/strong> by the end of 2034, up from US$ 24 billion in 2024. This growth is driven by rising consumer preference for natural and clean-label ingredients, as well as ongoing innovation in formulations to meet specific skin care needs. <\/p>\n<p align=\"justify\">Demand for high-quality and long-lasting personal care products is gaining traction. The global cosmetic chemical market is influenced by regulatory changes and consumer awareness about the environmental impact of cosmetic products. This has led to an increased demand for eco-friendly and biodegradable products. Companies are now focusing on green chemistry, using renewable resources and environmentally friendly processes to produce cosmetic chemicals.<\/p>\n<p align=\"justify\">Steady rise of e-Commerce platforms has significantly influenced the demand growth for cosmetic chemicals. Online sales of cosmetic products are growing as consumers are offered a wider range of products and brands to choose from. This has also enhanced market reach, making cosmetic products accessible to consumers in remote areas. The market is witnessing a growing demand for anti-aging products. There is an increased focus on products that can help combat signs of aging, such as wrinkles and age spots. This is expected to further fuel the growth of the cosmetic chemical market.<\/p>\n<p><strong>For More Insights into the Market, Request a Sample of this Report<\/strong>: <strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cvlyv3cfMZIvOasGr07C2Pfx23tHJEHQ7y7n4qwSmNKHQdzNws2xCEBdprQa67ePj3GdW8mnF1QHW0JM01HTIuAOnVWAk_glYjpzj7XQuZeRqIWcxgzL8qQWpmnr7JVc6wYQQfiw8MkJGsxhm-dJ7Ykt3DYA4UyLU3TgSXmZXKBuE4xElogVg5CJIhRdaGfG\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/www.factmr.com\/connectus\/sample?flag=S&amp;rep_id=6399<\/a><\/strong><\/p>\n<p align=\"justify\"><strong>Key Takeaways from the Cosmetic Chemicals Market Study:<\/strong><\/p>\n<ul>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">The cosmetic chemical market is forecasted to reach a value of US$ 38 billion by 2034-end.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Sales of cosmetic chemicals in North America are forecasted to increase at 5.6% CAGR from 2024 to 2034.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">East Asia is evaluated to occupy 23.7% of the global market share by 2034.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">The cosmetic chemical market in Japan is calculated to expand at 4.3% CAGR through 2034.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">The market in Canada is forecasted to expand at 5.4% CAGR through 2034.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">The packaging and color cosmetic chemicals segments are projected to account for 7.4% and 6.3% market shares, respectively, by 2034.<\/li>\n<\/ul>\n<p align=\"justify\"><strong><em>\u201cOnline sales of cosmetic products are rising because it is providing consumers with a wider range of products and brands to choose from. This is indirectly driving target market growth. Innovation in production techniques is also improving the efficiency and performance of cosmetic chemicals,\u201d<\/em><\/strong> says a Fact.MR analyst.<\/p>\n<p align=\"justify\"><strong>Leading Players Driving Innovation in the <\/strong><strong>Cosmetic Chemical Market:<\/strong><\/p>\n<ol>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Akzo Nobel NV<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Ashland Global Holdings Inc.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">BASF SE<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Clariant International Ltd.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Dow Inc.<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Eastman Chemical Company<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Evonik Industries AG<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">Firmenich SA.<\/li>\n<\/ol>\n<p align=\"justify\"><strong>Market Developments:<\/strong><\/p>\n<p align=\"justify\">The chemical cosmetic market is competitive due to the large number of companies. Leading chemical cosmetic manufacturers are Akzo Nobel NV, Ashland Global Holdings Inc., BASF SE, Clariant International Ltd., and Dow Inc.<\/p>\n<ul>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">In 2023, Modern Meadow, a biotechnology start-up, and Evonik, leaders in the field of specialty ingredients for cosmetics and personal care, embarked on a revolutionary partnership. Their shared goal was to create top-tier, cruelty-free beauty products that are both sustainable and pure.<\/li>\n<\/ul>\n<p><strong>Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type:<\/strong><\/p>\n<ul>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Emollients, Films Formers, &amp; Moisturizers<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Surfactants<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Single-Use Additives<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Carriers, Powders, and Colorants<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Thickening Agents<\/li>\n<\/ul>\n<p><strong>Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application:<\/strong><\/p>\n<ul>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Packaging<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Perfumes &amp; Fragrances<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Hair Care &amp; Skincare<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Color Cosmetic Chemicals<\/li>\n<li style=\"margin-top:0cm; margin-bottom:8pt;\">Others<\/li>\n<\/ul>\n<p align=\"justify\"><strong>Cosmetic Chemical <\/strong><strong>Industry News:<\/strong><\/p>\n<p align=\"justify\">Prominent entities in the cosmetic chemical industry are using their extensive production proficiencies, worldwide distribution networks, and innovative product development. These organizations focus their efforts on providing quality products at competitive prices with outstanding customer service. As a result, they are engaged in intense competition. Numerous local and regional rivals dominate the industry, especially in developing nations like China and India where the need for cosmetic chemicals is rising more slowly. <\/p>\n<ul>\n<li style=\"margin-top:0cm; margin-bottom:8pt; text-align:justify;\">A new product line named Pepto Vitae was launched by BASF SE in 2022 to address a variety of skin conditions. The Pepto Vitae line was first introduced in Asia, and its goal is to expand the availability of novel bioactive ingredients to other areas by the year 2022.<\/li>\n<\/ul>\n<p><strong>Get Customization on this Report for Specific Research Solutions<\/strong><strong>:\u00a0<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cvlyv3cfMZIvOasGr07C2Pfx23tHJEHQ7y7n4qwSmNKHQdzNws2xCEBdprQa67ePj3GdW8mnF1QHW0JM01HTIo4X9phLaS47nm3hYtj0YNsBLWyRimWr0A9nNmBjCrJmRLD4D4fagfUis7-Q4bQKWLE-D8a52wq29iezmZjHEKKNpOaiSeZeoDwC8rfcuED3YXaVozcJtXooz82UZdwhXg==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><strong><u>https:\/\/www.factmr.com\/connectus\/sample?flag=S&amp;rep_id=<\/u><\/strong><strong><u>6399<\/u><\/strong><\/a><\/p>\n<p align=\"justify\"><strong>More Valuable Insights on Offer:<\/strong><\/p>\n<p align=\"justify\">Fact.MR, in its new offering, presents an unbiased analysis of the cosmetic chemical market for 2019 to 2023 and forecasts market statistics for 2024 to 2034.<\/p>\n<p>The study divulges essential insights into the market based on type (emollients, film formers &amp; moisturizers, surfactants, single-use additives, carriers, powders &amp; colorants, thickening agents) and application (packaging, perfumes &amp; fragrances, hair care &amp; skincare, color cosmetic chemicals, others), across seven major regions of the world (North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia &amp; Pacific, and MEA).<\/p>\n<p><strong>Check out More Related Studies Published by Fact.MR<\/strong><\/p>\n<p align=\"justify\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=n-lWvQd_lubod2CaQrAzalRDS9Oxk46VX4zkEF0hrlgkKFfX8uewuRvPlfDiY_QwLN_v1utSCn5Y84BVLK9v4Gb6bmC6biBML4IeDPnYGj6JBR4AHHHVopZogpzgzIEvPbbRn8mrhdQe9rgakkARBQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><strong><u>Cosmetic Wipes Market<\/u><\/strong><\/a> reached a valuation of around\u00a0US$ 565.73 Mn\u00a0in 2021 and is slated to accelerate at a\u00a0CAGR of 5%\u00a0to top\u00a0US$ 950 Mn\u00a0by 2032.<\/p>\n<p align=\"justify\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xNEFWRBR4VfQ6JFZlIcKrQPmelGmDH-g1G1ZHXoLUFJoygdFAGBXxZeu3nY7bWJYTij-_eHZYLS-MQbu6JQWHoBnky69jBvSw4_VjdgfR-mNUsGMvjvI5HXA6JdGYR2QzubfclLKv6A5p4NxSvdgRQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><strong><u>Color Cosmetics Market<\/u><\/strong><\/a> is expected to secure\u00a0US$ 81.74 Billion\u00a0in 2022. During the forecast period of 2022-2032, the global color cosmetics market is projected to display a\u00a0CAGR of 5.54%\u00a0while garnering\u00a0US$ 140.1 Billion.<\/p>\n<p align=\"justify\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fEmsFqp4bNDCyolwtcvNvxDW0QSXYnWnHGAJy6JYEvcnO72pXj6qHCUUemackFGsVI1ECoVcg5WASd59lm0tEVf4gP4O9DVuJeyNZMWs0_8sK54MhKe5e6vh1hvYnK-58Wy_TDPYxyL6xVybfHf1rAQI7FK9ODh1mE4cQGe-yb2WY2hukgF5whxWQmLrTxKJ\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><strong><u>Organic Color Cosmetic Products Market<\/u><\/strong><\/a> expanding at a CAGR of\u00a07.1%,\u00a0the global market is expected to increase from\u00a0US$ 23.09 billion\u00a0in 2023 to a value of\u00a0US$ 45.85 billion\u00a0by the end of 2033.<\/p>\n<p align=\"justify\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OE6vLvq9kqfxa4i7kAEceJEcl5zQdw0eiqIRJR8VjFonfPXgzBxDr_apS3nnvx9T3UjXdGnxdm7qJRnIi9lrMs6mKm6dvYKOnJZjRCC595Hfw-P01UlDSbWVoP0imRp9EnidJYt8pe0mC2pMh2G6Rw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><strong><u>Nutricosmetics Market<\/u><\/strong><\/a> is set to increase from a valuation of\u00a0US$ 5 billion\u00a0in 2023 to\u00a0US$ 8.2 billion\u00a0by 2033-end,\u00a0Expanding at a CAGR of\u00a05%<\/p>\n<p align=\"justify\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NOK5zkebCzO9iwLLgBI_3ieJ5Fd0vWZ-GTKk8u6_of5luKT5HzUAGN_BuW14BBzsFKQn6xazSckTCRdgN8NcwU18uzyP7PgsQ_YHu1rqygY93f6-TVFYcvTcsSc5-upa_12husyCSSHRw0FD3tOSMns-cN0I9tuKb7BXGf6LrGI5fN2_Wwke5jh6mnEv0w5D\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><strong><u>Hydrogenated Cosmetic Ingredients Market<\/u><\/strong><\/a> is estimated to expand at a CAGR of\u00a04.7%\u00a0to reach\u00a0US$ 94.9 million\u00a0by the end of 2033 from the valuation of\u00a0US$ 59.6 million\u00a0in 2023.<\/p>\n<p align=\"justify\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mKSoQOKlkmnMvKRWd1YOtXv0wkuRPHt2bKlhFT3vOjG89RHyrkMLcU0bDbbeRUsus3_EyWk6NQBQC20zS4LFNagkutQSHVnYGXryNQOiUkYRHnoPJb-wruig05ZDxLRPcEHTGG6pR-qxB6hX0_Cedg==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><strong><u>Mineral Cosmetics Market<\/u><\/strong><\/a> valued at $3.83 billion in 2023, is projected to grow at a 6.1% CAGR, reaching $6.93 billion by 2033, according to a new Fact.MR report.<\/p>\n<p><strong>About Us:<\/strong><\/p>\n<p align=\"justify\">Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.<\/p>\n<p align=\"justify\">With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. 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Rockville, MD., July 16, 2024 (GLOBE NEWSWIRE) &#8212; According to the latest industry analysis by Fact.MR, the global Cosmetic Chemical Market is expected to expand at a CAGR of 4.7% from 2024 to 2034, with revenue projected to reach US$ 38 [&#8230;]\n","protected":false},"author":1,"featured_media":57287,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-57286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cosmetic Chemical Market to Attain US$ 38 Billion by 2034, with 4.7% CAGR | Fact.MR Report - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/cosmetic-chemical-market-to-attain-us-38-billion-by-2034-with-4-7-cagr-fact-mr-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cosmetic Chemical Market to Attain US$ 38 Billion by 2034, with 4.7% CAGR | Fact.MR Report\" \/>\n<meta property=\"og:description\" content=\"Steadily Increasing Demand for High-Quality and Long-Lasting Personal Care Products Benefiting Cosmetic Chemical Manufacturers. 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