Global Cosmetic Preservatives Market
The global Cosmetic Preservatives market was valued at USD 277.9 million in 2016 and is projected to reach USD 461.7 million by 2025, growing at a CAGR of 5.8% from 2017 to 2025.
Cosmetic Preservatives are majorly employed in cosmetic formulations to enhance the resistance against microbial infections. The enhanced shelf life provided by inclusion of these ingredients is expected to boost market demand over the forecast period.
1. Market Drivers
1.1 Shelf life enhancement
1.2 Increasing expenditure on personal care products
2. Market Restraints
2.1 Stringent regulatory norms
2.2 Skin infection fears
The global Cosmetic Preservativesmarketis segmented on the basis ofproduct, application, and region.
1. By Product:
1.1 Formaldehyde Donors
1.3 Paraben Esters
1.5 Phenol Derivatives
1.6 Quaternary Compounds
1.7 Organic Salts
2. By Application:
2.1 Conditioners & Shampoos
2.2 Facemasks, Sunscreens, Scrubs & Lotions
2.3 Shower Cleansers, Soaps and Shaving Gels
2.4 Powder Compacts and Face Powder
2.5 Toothpaste and Mouthwash
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. BASF SE
2. Ashland Inc.
3. Lonza Group Ltd.
4. Akema Fine Chemicals
5. DOW Chemical Company
6. Symrise AG
8. Brenntag AG
9. Salicylates & Chemicals Pvt. Ltd
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Cosmetic Preservativesmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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