Top 10 Care Chemicals Market

Top 10 Care Chemicals Market Size (2023-2028):

The top 10 care chemicals market is expected to witness rapid growth during the forecast period (2023-2028). The Asia Pacific is expected to grow the fastest among all the regions.

Top 10 Care Chemicals Market Drivers and Restraints:

The rise in demand for Color cosmetics & pigments has led to the rapid growth of the market. They are used in making facial creams, hair dyes, blusher lipsticks, etc. Innovation & technological advancements boost the cosmetics market, thereby increasing the margin profits. The fragrance industry is gaining popularity in the PPC industry.  Raw materials for these chemicals are obtained from various sources such as crude oil, natural gas, palm oil, and coconut oil. Synthetic surfactants are manufactured from petroleum products that act as a base chemical in the production of the final product.

Market Segmentation:

• By End-User Industry

• (Color Cosmetics, Personal Care Ingredients

• Active Ingredients

• Fragrance Ingredients, I&I Cleaning Chemicals

• Surfactants, Emollient Esters

• Cosmetic Pigments

•  Cosmetic Preservatives, and Ethoxylates).

By Region:

• North America

• Europe,

• Asia Pacific

• Latin America

• Middle East & Africa

Key Market Players:

• BASF SE (Germany)

• Evonik Industries AG (Germany)

• AkzoNobel N.V. (Netherlands)

• Clariant AG (Switzerland)

• Lonza Group Ltd (Switzerland)

Lonza Group Pvt. Ltd (Switzerland) has released a lot of personal care products. Lonza is the world leader in microbial control providing innovative, chemistry-based, and related solutions to destroy or to inhibit the growth of harmful microorganisms selectively.

Geogard Ultra is a synergistic and patented blend comprised of gluconolactone and sodium benzoate. Aside from its proven broad-spectrum activity, a wide range of global regulatory approvals, and broad formulation compatibility, it also contributes an added skin moisturization benefit and has conformance with ECOCERT/COSMOS, NATRUE, and the Soil Association.

Top 10 Care Chemicals Market Recent Developments:

Physical Chemistry Department, Faculty of Marine and Environmental Sciences, University of Cadiz, Spain conducted a research study on the removal of personal care products (PCPs) in wastewater & sludge treatment & their occurrence in receiving soils. It was found that synthetic fragrances were predominant in wastewater and showed inadequate removal (<50%), & UV filters and DEET was found at higher concentrations during the warmer seasons. Higher levels of PCPs were found in the upper layer of soil in winter. The study showed that windrow composting had higher removal efficiency (>95%) than anaerobic digestion.

Research Report Key Highlights:

1. The evaluation of the current market for your product or services and the future implications of the market

2. Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for Extensive future segmentation to understand the dynamics of the market at a very granular level by splitting down the market to the smallest segment.

3. Addresses the key market dynamics involving the drivers, restraints, and challenges to provide insights for gaining market share.

4. The factors responsible for the shaping of the industry as it is as a result of the competitive environment are analyzed through Porter’s Five Forces.