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Cosmetic Additives Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

 

Cosmetic Additive Market: By Additive Type (Emollient, Polymers, Surfactants, Oleochemical, Antioxidants and Preservatives, Rheology Modifiers, Others), By Application (Cleansing agent, Moisturizing Agent, Coloring Agent, Others), By End User (Skin Care, Hair Care, Makeup, Oral Care, Others), and Geography.

 

 

 

 

Cosmetic Additive Market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2019 to 2025.

 

Market Outline: Cosmetic Additive Market

Cosmetics are products designed to cleanse, protect and change the appearance of external parts of our bodies. The key Additives present in most cosmetics include water, emulsifiers, preservatives, thickeners, moisturizers, colors and fragrances. Additives can be naturally occurring or artificial, but any potential impact on our health depends mainly on the chemical compounds they are made of cosmetics Additives come from a variety of sources but, unlike the Additives of food, are often not considered by most consumers. Cosmetics often use vibrant colors that are derived from a wide variety of sources, ranging from crushed insects to rust. Cosmetics in a variety of are used to improve one’s personal appearance being an important factor in attracting a mate. Most products contain active Additives, plant extracts, preservatives, thickeners, emollients, emulsifiers, and also a few fragrance additives and coloring agents.

Market Dynamics: Cosmetic Additive Market

Increase in physical consciousness amongst the consumers, rise in spending expenditure of the customers, increase in awareness regarding daily skin care routine coupled with the benefits by their use is expected to up surge the growth of cosmetic Additive market. Continuous research & development and new product launch by market leading companies is anticipated to boost growth of the cosmetic Additives industry. However, due to stringent regulations imposed by the government for the approval of product is likely to act as a barrier for the growth of cosmetic Additive market. The frequent and continual changes in the preferences of consumers are anticipated to generate lucrative opportunities for the progress of this market over the years to come

Market Scope: Cosmetic Additive Market

Cosmetic Additive market is segmented based on product type, application, and end user

Based on Additive type, market is segmented into the following:

 

  • Emollient
  • Polymers
  • Surfactants
  • Oleochemical
  • Antioxidants and Preservatives
  • Rheology Modifiers
  • Others

Based on the application, market is segmented into the following:

  • Cleansing agent
  • Moisturizing Agent
  • Coloring Agent
  • Others

Based on the end user, the market is segmented into the following:

  • Skin Care
  • Hair Care
  • Make Up
  • Oral Care
  • Others

Regional Analysis: Cosmetic Additive Market

Geographically, cosmetic Additive market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America Cosmetic Additive Market has lucrative growth attributed to rising disposable income and changing lifestyle double with increasing beauty and health consciousness of people of all ages is continuously growing demand for cosmetic Additives. Europe Cosmetic Additive Market is driven by factors such as high awareness among consumers to use beauty products to lighten the skin, wide-variety of cosmetic products availability, and presence of many international cosmetic products manufacturing brands. Asia Pacific Cosmetic Additive Market is poised to be the growth engines for cosmetic Additives market due to rapid urbanization, coupled with awareness among consumers for skin care. Moreover, multinational players are continuously investing on merger and acquisition, product innovation and joint venture. For instance, Sumitomo Corporation acquired Kyowa Hakko Europe GmbH to advance into cosmetic Additives business in Europe.

Competition Assessment: Cosmetic Additive Market

Some of the players in the cosmetic Additive market include:

  • SABIC (Saudi Arabia)
  • Artec Chemical Company Limited (Hong Kong)
  • Dongming Jujin Chemical Co., Ltd. (China)
  • Ittihad International Chemicals Trading LLC
  • IICT (Abu Dhabi)
  • BASF SE (Germany)
  • Chemanol (Saudi Arabia)
  • DOGOIDE Group (Germany)
  • Royal DSM (Netherlands)
  • Eastman Chemical Company (U.S.)
  • Kemin Industries (U.S.)

 

Notable Market Developments: Cosmetic Additive Market

  • In Dec 2014, Eastman Chemical Company (NYSE:EMN) announced  completion of its acquisition of Taminco Corporation (NYSE:TAM), a global specialty chemical company