- Surfactant
- Preservative
- Carriers
- Emollient
- Sequestering Agents
- Emulsifying Agent
- Fragrance Ingredient
- Opacifiers
- Thickeners
- Others
Cosmetic chemicals market size was valued at USD 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
2024-2030Base Year
2023CAGR
5.1%Largest Market
North AmericaFastest Growing Market
Asia PacificCosmetic 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.
North-America Got Significant Share
Cosmetic Chemicals Market Regional Analysis
Cosmetic chemicals market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is expected to dominate the Cosmetic chemicals market due to the high demand for premium and organic cosmetic products, growing awareness about clean beauty, and the presence of well-established cosmetic brands. Europe is another important market for cosmetic chemicals, with Germany, France, and the United Kingdom leading the way. The region boasts a thriving cosmetics sector with a significant emphasis on research and development. Natural and sustainable cosmetic products are increasingly in demand among European customers, prompting the creation of eco-friendly components.
Latin America
Europe
Asia Pacific
Middle East
North America
Cosmetic Chemicals Market Segmentation
By Product
By Application
- Skin Care
- Make-up
- Hair Care
- Oral Care
- Toiletries
- Others
Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- Rest of Latin America
Frequently Asked Questions
Cosmetic chemicals market was valued at USD 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.
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
| 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 |
- 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