Cosmetic Chemicals Market: By Product, By Applications, and Geography

Cosmetic Chemicals Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Surfactant, Preservative, Carriers, Emollient, Sequestering Agents, Emulsifying Agent, Fragrance Ingredient, Opacifiers, Thickeners, and Others), By Applications (Skin Care, Make-up, Hair Care, Oral Care and Toiletries and Others), and Region

Cosmetic chemicals market size was valued at US$ 21,683.8 Million in 2023 and is poised to grow at a CAGR of 5.1 % from 2024-2030. The cosmetic chemicals market is an important part of the worldwide cosmetics industry that focuses primarily on the manufacturing, supply, and usage of a wide range of chemical components used in cosmetic and personal care products. These compounds are important in improving the appearance, functionality, and overall performance of cosmetic products. They are carefully selected and prepared to give particular advantages such as moisturization, UV protection, anti-aging qualities, colour enhancement, and texture improvement in skincare, haircare, cosmetics, perfumes, and other personal care products. Changing consumer tastes, growing disposable incomes, urbanisation, increased awareness of personal grooming, and the demand for innovative and high-quality cosmetic products all drives the market for cosmetic chemicals.

Moreover, growing demand for personalized and customized cosmetic products and growing globalization and e-commerce sector further accelerate the growth of cosmetic chemicals market. On top of that, increasing demand for natural and organic cosmetic ingredients and emerging markets creates opportunities for the growth and development of the cosmetic chemicals market. However, Strict rules limiting the use of cosmetic chemicals to protect consumer safety function as a barrier to the development of the cosmetic chemical sector. Key producers are always doing research and creating novel and high-performance cosmetic chemicals to meet the needs of customers worldwide. For instance, in July 2021, Sun Chemical has launched two new color travel effect pigments, Reflecks MD Midnight Cherry and Reflecks MD Midnight Sapphire, to join its Reflecks MultiDimensions product family.

Cosmetic chemicals market Key Developments:
  • In February 2022, Merck introduced two new cosmetic ingredients RonaCare Baobab and RonaCare Hibiscus.
  • In March 2023, Lucas Meyer Cosmetics by IFF launched two nighttime skin care ingredients Regenight and Immunight at in-cos Global.

Cosmetic Chemicals Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.1%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Cosmetic Chemicals Market Dyanmics

With an aging population around the world, there is an increasing need for anti-aging and skin care products. Cosmetic chemicals with anti-aging and rejuvenating properties, including antioxidants and collagen-enhancing agents, are in high demand, boosting the growth of the cosmetic chemicals market. Furthermore, ongoing developments in cosmetic technology, research, and development facilitate the discovery of new and improved cosmetic chemicals. These innovative ingredients offer better performance, improved textures, and enhanced functionality in cosmetic products, leading to increased adoption of cosmetic products, which expands the growth of the cosmetic chemicals market.

Cosmetic Chemicals Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market CAGR

5.1%

By Product

  • Surfactant
  • Preservative
  • Carriers
  • Emollient
  • Sequestering Agents
  • Emulsifying Agent
  • Fragrance Ingredient
  • Opacifiers
  • Thickeners
  • Others

By Application

  • Skin Care
  • Make-up
  • Hair Care
  • Oral Care
  • Toiletries
  • Others

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • Rest of Latin America

Key Features of the Report

  • The cosmetic chemicals market report provides granular level information about the market size, regional market share, historic market (2019-2023)and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

Cosmetic chemicals market was valued at US$ 21,683.8 Million in 2023 and is anticipated to grow at a CAGR of 5.1 % over 2024-2030.

The technological innovations in formulation techniques and advancements in nanotechnology are some of the factors that create potential opportunities for the growth of the cosmetic chemicals market.

Shift towards natural and sustainable ingredients and rise of clean beauty, and personalization and customization are some of the major trends in the cosmetic chemicals market.

Solvay SA, Sun Chemical, Lucas Meyer Cosmetics, Cargill Incorporated, Merck, OQ Chemicals, RiKarbon, The Dow Chemical Company, Croda International Plc, BASF SE, P&G, Evonik Industries AG, Stepan Company, Symrise, Ashland Inc., Cobiosa, DSM, Givaudan, Genomatica, Inc, Pharmacos are a few companies operating in cosmetic chemicals market.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Cosmetic Chemicals Market Introduction 
2.1.Global Cosmetic Chemicals Market  - Taxonomy
2.2.Global Cosmetic Chemicals Market  - Definitions
2.2.1.Type 
2.2.2.Application
2.2.3.Region
3.Global Cosmetic Chemicals Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Cosmetic Chemicals Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Cosmetic Chemicals Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Surfactant
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Preservative
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Carriers
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Emollient
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Sequestering Agents
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Emulsifying Agent
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Fragrance Ingredient
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Opacifiers
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
5.9. Thickeners
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.9.3. Market Opportunity Analysis 
5.10. Others
5.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.10.3. Market Opportunity Analysis 
6.Global Cosmetic Chemicals Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Skin Care
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Make-up
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Hair Care
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Oral Care
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Toiletries
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Cosmetic Chemicals Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Cosmetic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Surfactant
8.1.2.Preservative
8.1.3.Carriers
8.1.4.Emollient
8.1.5.Sequestering Agents
8.1.6.Emulsifying Agent
8.1.7.Fragrance Ingredient
8.1.8.Opacifiers
8.1.9.Thickeners
8.1.10.Others
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Skin Care
8.2.2.Make-up
8.2.3.Hair Care
8.2.4.Oral Care
8.2.5.Toiletries
8.2.6.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Cosmetic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Surfactant
9.1.2.Preservative
9.1.3.Carriers
9.1.4.Emollient
9.1.5.Sequestering Agents
9.1.6.Emulsifying Agent
9.1.7.Fragrance Ingredient
9.1.8.Opacifiers
9.1.9.Thickeners
9.1.10.Others
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Skin Care
9.2.2.Make-up
9.2.3.Hair Care
9.2.4.Oral Care
9.2.5.Toiletries
9.2.6.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Cosmetic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Surfactant
10.1.2.Preservative
10.1.3.Carriers
10.1.4.Emollient
10.1.5.Sequestering Agents
10.1.6.Emulsifying Agent
10.1.7.Fragrance Ingredient
10.1.8.Opacifiers
10.1.9.Thickeners
10.1.10.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Skin Care
10.2.2.Make-up
10.2.3.Hair Care
10.2.4.Oral Care
10.2.5.Toiletries
10.2.6.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Cosmetic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Surfactant
11.1.2.Preservative
11.1.3.Carriers
11.1.4.Emollient
11.1.5.Sequestering Agents
11.1.6.Emulsifying Agent
11.1.7.Fragrance Ingredient
11.1.8.Opacifiers
11.1.9.Thickeners
11.1.10.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Skin Care
11.2.2.Make-up
11.2.3.Hair Care
11.2.4.Oral Care
11.2.5.Toiletries
11.2.6.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Cosmetic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Surfactant
12.1.2.Preservative
12.1.3.Carriers
12.1.4.Emollient
12.1.5.Sequestering Agents
12.1.6.Emulsifying Agent
12.1.7.Fragrance Ingredient
12.1.8.Opacifiers
12.1.9.Thickeners
12.1.10.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Skin Care
12.2.2.Make-up
12.2.3.Hair Care
12.2.4.Oral Care
12.2.5.Toiletries
12.2.6.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Solvay SA
13.2.2.Sun Chemical
13.2.3.Lucas Meyer Cosmetics
13.2.4.Cargill Incorporated
13.2.5.Merck
13.2.6.OQ Chemicals
13.2.7.RiKarbon
13.2.8.The Dow Chemical Company
13.2.9.Croda International Plc
13.2.10.BASF SE
13.2.11.P&G
13.2.12.Evonik Industries AG
13.2.13.Stepan Company
13.2.14.Symrise
13.2.15.Ashland Inc.
13.2.16.Cobiosa
13.2.17.DSM
13.2.18.Givaudan
13.2.19.Genomatica, Inc,
13.2.20.Pharmacos
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Solvay SA
  • Sun Chemical
  • Lucas Meyer Cosmetics
  • Cargill Incorporated
  • Merck
  • OQ Chemicals
  • RiKarbon
  • The Dow Chemical Company
  • Croda International Plc
  • BASF SE
  • P&G
  • Evonik Industries AG
  • Stepan Company
  • Symrise
  • Ashland Inc.
  • Cobiosa
  • DSM
  • Givaudan
  • Genomatica, Inc,
  • Pharmacos

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