Cleansing Agents & Foamers represents the largest market segment. Cleansers are utilized for removing dead skin cells, make-up, dirt, oil, and other pollutants from the skin, especially facial skin. Foamers or surfactants are among the key ingredients in cosmetics products, and are witnessing significant rise in demand due to their cost-effective ability to enhance product functionality through an array of anti-microbial, cleansing, and conditioning properties. However, with rising media concerns over safety of sulfate-based surfactants, the focus of leading brands has shifted towards sulfate-free products and natural surfactants.
Asia-Pacific is forecast to emerge as the fastest growing market for cleansing agents & foamers with a CAGR of 7.6% over the review period. Emollients & Moisturizers represents the fastest growing product market driven by developments in the natural personal care sector. In recent years, natural emollients have been finding favor among manufacturers over other animal-based and synthetic ingredients.
Major players covered in the report include Akzo Nobel Surface Chemistry LLC, Ashland Inc., BASF SE, Clariant International Ltd., Croda International Plc, CP Kelco, Eastman Chemical Company, Sederma S.A.S, Dow Chemical Company, Dow Corning Corp., Evonik Industries AG, Firmenich S.A., Givaudan S.A., International Flavors & Fragrances Inc., LANXESS AG, Lonza Group Limited, Lubrizol Corp., P&G Chemicals, Royal DSM N.V., Stepan Company, and Symrise AG, among others.
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