Cosmetics raw materials suppliers

Top 10 Care Chemicals Market at a Significant CAGR by Top Competitors| BASF SE, Clariant AG, AkzoNobel N.V, Lonza Group Ltd, Evonik Industries AG, and Others

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The report "Global Top 10 Care Chemicals Market (Color Cosmetics, Personal Care Ingredients, Active Ingredients, Fragrance Ingredients, I&I Cleaning Chemicals, Surfactants, Emollient Esters, Cosmetic Pigments, Cosmetic Preservatives, Ethoxylates) - Global Forecast to 2021", Care chemicals are products that are used for homecare, personal care and industrial and institutional cleaning. These chemicals, such as cosmetic products, cosmetic pigments, personal care ingredients, surfactants, and much more are used for skin care, hair care, cleanliness, and hygiene at home and the workplace. The various markets covered in this report are color cosmetics, personal care ingredients, cosmetic pigments, active ingredients for cosmetics, and surfactants market.

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Personal Care Ingredients: Driven by increasing outdoor activity, changing lifestyle, skin health awareness

Demand for Top 10 Care Chemicals 2022 Suffers Due to Curtailed Expenditure amid COVID-19 Pandemic- Exclusive Report by MarketsandMarkets™

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New product launches is the key strategy adopted by the leading players in the care chemicals market. This strategy accounted for a share of 44% of all growth strategies between 2015 and 2016. The rising demand for care chemicals is due to its increased application in the personal care industry, especially for color cosmetics. Besides expanding in different regions, the companies have invested in increasing their production capacities, growing their distribution networks, and enhancing their R&D operations. Expansions and R&D each accounted for a share of 15% of all the growth strategies adopted by players in the care chemicals market between 2015 and 2016.

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Clariant AG (Switzerland), BASF SE (Germany), and Sun Chemicals Corporation (U.S.) carried out the maximum number of strategic developments between 2015 and 2016. In November 2016, Clariant AG launched Vivsonic and Vivtroze, a highly effective UVB filter to be used in cosmetic ingredients. In May 2015, Clariant AG launched a natural Plantasens, a moisturizer which would help formulators in providing treatment for different skin types. With increasing preference for natural ingredients, the product will help strengthen the company's skin care segment.