According to a research report published by Spherical Insights & Consulting, the Global Personal Care Chemicals Market Size Expected to Grow from USD 13.61 Billion in 2023 to USD 19.83 Billion by 2033, at a CAGR of 3.84% during the forecast period 2023-2033.

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Personal care chemicals are chemicals used for well-being, beauty, and housework. The global market is fueled by increasing awareness of beauty and skincare products, rising disposable income, and changing consumer lifestyles. The market includes products enhancing cleanliness, appearance, and global well-being. The government’s support for chemical manufacturing expansion, such as the recognition of CHEMEXCIL by the Indian Ministry of Commerce and Industry, is driving market growth. The personal care chemicals market is gaining due to rising discretionary spending, increased self-awareness, innovative self-care products, and rising contamination levels in emerging economies like China and India. This growth is driven by increased demand for protective products and a growing understanding of health. However, the global personal care chemical market’s growth may be hindered by strict government regulations on hazardous chemical use.

Browse key industry insights spread across 235 pages with 109 Market data tables and figures & charts from the report on the Global Personal Care Chemicals Market Size, Share, and COVID-19 Impact Analysis, By Source (Synthetics and Organic), By Ingredients (Emollients, Surfactants, Rheology Modifier, Emulsifiers, and Conditioning Polymer), By End-User (Skincare, Hair Care, Oral Care, Cosmetics, and Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The synthetic segment is expected to hold the highest share of the global personal care chemicals market throughout the projected timeframe.

Based on the source, the global personal care chemicals market is categorized as synthetics and organic. Among these, the synthetic segment is expected to hold the highest share of the global personal care chemicals market throughout the projected timeframe. Synthetic chemicals, such as carbomers, are widely used in the personal care industry, driving growth and impacting product implementation, fluid sensitivity, and active ingredient delivery. They are less expensive and cost-effective.

The emollient segment is predicted to boost the global personal care chemical market during the projected timeframe.       

Based on the ingredients, the global personal care chemicals market is categorized as emollients, surfactants, rheology modifiers, emulsifiers, and conditioning polymers. Among these, the emollient segment is predicted to boost the global personal care chemical market during the projected timeframe. Emollients are essential in skincare formulas to maintain skin moisture and soften dry, rough, and flaky skin. With rising pollution and UV radiation, the demand for protective cosmetics and hair care products has increased.

The skincare segment is expected to hold the greatest share of the global personal care chemical during the projected timeframe.

Based on the end-use, the global personal care chemicals market is categorized as prototyping, tooling, manufacturing, and others. Among these, the skincare segment is expected to hold the greatest share during the projected timeframe. Skincare products, containing alpha-hydroxy acids and retinol, improve and preserve skin appearance, repair dying cells, and counteract aging symptoms. The sector has seen a shift in demand from older customers to younger populations.

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Asia Pacific is predicted to hold the largest share of the global personal care chemicals market during the projected timeframe.

Asia Pacific is projected to hold the largest share of the global personal care chemicals market over the forecast period. The Asia-Pacific personal care chemicals market is expected to grow significantly ascribed to expanding economies in Southeast Asia, rising disposable income in developed countries, and increased demand for natural or organic products. Factors such as ingredient awareness, middle-class growth, and lifestyle changes are driving this growth.

Europe is anticipated to grow at the fastest CAGR growth of the global personal care chemicals market throughout the projected timeframe. The personal care market is experiencing growth due to increased consumer interest, improved distribution channels, and demand for youthful-looking skin, with Germany being Europe’s top revenue-generating country.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global personal care chemicals market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global personal care chemicals market are Ashland, Croda International PLC, Lonza, Nouryon, Wacker Chemie AG, Innospec, Stepan Company, Merck KGaA, Corbion, The Lubrizol Corporation, Galaxy Surfactants, Sasol Limited, BASF SE, DOW, Solvay, Evonik, Clariant, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 Key Market Development

• In December 2024, Sasol Chemicals launched a rapeseed-derived stearyl alcohol for the personal care industry.
• In June 2024, Flychem, a leading manufacturer and distributor of high-quality ingredients for personal care, home care, pharmaceuticals, etc., launched the most advanced high-purity Encapsulated Salicylic Acid under the brand name KOSAVA. This groundbreaking product was unveiled by Flychem Managing Director, Dr. Krishna Moolagundam, at India’s largest cosmetic and home care manufacturing expo, Cosmohome Tech 2024, held in New Delhi.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global Personal Care Chemicals market based on the below-mentioned segments:

Global Personal Care Chemicals Market, By Source

• Synthetics
• Organic

Global Personal Care Chemicals Market, By Ingredients

• Emollients
• Surfactants
• Rheology Modifier
• Emulsifiers
• Conditioning Polymer

Global Personal Care Chemicals Market, By End-User

• Skincare
• Hair Care
• Oral Care
• Cosmetics
• Others

Global Personal Care Chemicals Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.  

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