Personal care chemicals are widely used in personal care products such as skin care, hair care, cosmetic and other products. It helps to improve the longevity, quality and odour to the appearance of the personal care products. Personal care chemical is added to cosmetic products in the form of preservatives and fragrances to enhance the shelf life of the products. In addition, active and inactive ingredients are used as a chemical in various applications in the market.

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Growing awareness regarding the beauty and skin care products along with the increasing purchasing power of consumers are driving the global personal care chemicals market. The other factors supporting the global personal care chemicals market include growing concern towards wellbeing among consumers, rising middle-class population in developing countries and increase in geriatric population. Increasing demand for personal care products with active ingredients will boost the global personal care chemicals market. Moreover, increasing disposable income and change in the lifestyle of consumers will increase the demand for personal care chemicals in the market. However, stringent government rules & regulations regarding the usage of certain harmful chemicals may hinder the growth of the global personal care chemical market.

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Based on the ingredients, Inactive ingredients held a substantial market share in the global personal care chemical market in 2018 owing to the high usage of emollients in various applications in skin care products such as moisturizers, face cleansers, shampoo, conditioners and others. Inactive ingredients divided into surfactants, emulsifiers, emollients and colorants. Active ingredients are expected to grow at the highest rate in the global personal care chemical market in upcoming years due to the growing demand for multifunctional products such as sunscreens and anti-aging creams.

Based on the application, Skin care application accounted for the maximum share in the global personal care chemicals market due to the high usage of personal care chemicals in various skin care products. Moreover, the rising youth population along with the growing purchasing power of individuals will further drive the skin care application globally. Active and inactive ingredients are commonly used in the formulation of skin care products. Skin care products help to cater various skin related problems such as anti-ageing, acne and skin brightening. In addition, growing concerns regarding the appearance and texture of skin among consumers will further increase the demand for various skin care products in the market. Hair care application is also expected to grow during the forecast period as various ingredients are used in the hair care products that improve the hair. Conditioning Agents are widely used for many hair care products. Personal care chemical is used in hair products such as hair dyes, bleaches, hair shampoo and conditioners.

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Based on the region, Asia-pacific region represented a high market growth for the global personal care chemicals in 2018 owing to the increasing disposable income along with the rise in the per-capita spending on personal care products in the developing economies such as China, South Korea and India. Moreover, the rising availability of affordable personal care products will further boost the personal care chemicals market in this region. Increasing consumer awareness regarding ingredients coupled with the rising middle-class population will propel the personal care chemicals market in this region.

Various notable players operating in the market, include BASF SE, Croda International PLC, Evonik Industries AG, Lonza Group Ltd., Solvay SA, Akzo Nobel N.V., Clariant AG, The DOW Chemical Company, Merck KGaA, Koninklijke DSM N.V., Wacker Chemie AG, among others. Prominent players are expanding their position through new product launches, acquisitions and expansions to cater the growing demand for personal care products in the market.

Key Developments:

• • In 2019, BASF SE announced a strategic alliance with siHealth Ltd, to exclusively market optronic technologies and scientifically-based satellite to the personal care industry across the globe.
  • In 2018, BASF SE introduced new solutions i.e., Euperlan® OP White and Cegesoft® Peel to meet the demand for the personal care market.
  • In 2018, Clariant AG launched a durable magenta shade for coloring anodized aluminum for cosmetic products.

The global personal care chemicals has been segmented on the basis of ingredients, application and key regions. Based on ingredients, the market is segmented into active ingredients and inactive ingredients. Based on active ingredients, the market is segmented into conditioning agents, UV ingredients, anti-ageing, exfoliants and other. Based on inactive ingredients, the market is segmented into surfactants, emulsifiers, emollients and colorants. Based on application, the market is segmented into skin care, hair care, cosmetics, fragrances, oral care, and other.

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Key questions answered in this research report:

• • At what pace is global personal care chemicals market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global personal care chemicals market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global personal care chemical market?
  • What are the various application areas of global personal care chemicals market and how they are poised to grow?

Report Coverage	Details
Market Base Year	2018
Market Forecast Period	2019-2026
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Ingredients, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	BASF SE, Croda International PLC, Evonik Industries AG, Lonza Group Ltd., Solvay SA, Akzo Nobel N.V., Clariant AG, The DOW Chemical Company, Merck KGaA, Koninklijke DSM N.V., Wacker Chemie AG
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation:

Global Personal Care Chemicals Market by Ingredients

• • Active Ingredients
    • Conditioning Agents
    • UV Ingredients
    • Anti-ageing
    • Exfoliants
    • Other
  • Inactive Ingredients
    • Surfactants
    • Emulsifiers
    • Emollients
    • Colorants

Global Personal Care Chemicals Market by Application

• • Skin Care
  • Hair Care
  • Cosmetics
  • Fragrances
  • Oral Care
  • Other

Global Personal Care Chemicals Market by Region

• • North America Personal Care Chemicals Market
    Option 1: As a part of the free 25% customization
    • By Ingredients
    • By Application
    • US All-Up Personal Care Chemicals Market
    • Canada All-Up Personal Care Chemicals Market
  • Europe Personal Care Chemicals Market
    Option 2: As a part of the free 25% customization
    • By Ingredients
    • By Application
    • UK All-Up Personal Care Chemicals Market
    • Germany All-Up Personal Care Chemicals Market
    • Spain All-Up Personal Care Chemicals Market
    • Rest of Europe All-Up Personal Care Chemicals Market
  • Asia-Pacific Personal Care Chemicals Market
    Option 3: As a part of the free 25% customization
    • By Ingredients
    • By Application
    • China All-Up Personal Care Chemicals Market
    • Australia All-Up Personal Care Chemicals Market
    • India All-Up Personal Care Chemicals Market
    • Rest of APAC All-Up Personal Care Chemicals Market
  • ROW Personal Care Chemicals Market
    Option 4: As a part of the free 25% customization
    • By Ingredients
    • By Application
    • Brazil All-Up Personal Care Chemicals Market
    • South Africa All-Up Personal Care Chemicals Market
    • GCC countries All-Up Personal Care Chemicals Market
    • Rest of world (remaining countries of the LAMEA region) All-Up Personal Care Chemicals Market

Leading market players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • BASF SE
  • Croda International PLC
  • Evonik Industries AG
  • Lonza Group Ltd.
  • Solvay SA
  • Akzo Nobel N.V.
  • Clariant AG
  • The DOW Chemical Company
  • Merck KGaA
  • Koninklijke DSM N.V.
  • Wacker Chemie AG