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Personal Care Specialty Ingredients Market Segments and Key Trends by 2024

Rising consumer awareness towards personal care and hygiene is expected to be a major factor for substantial market growth over the next few years. In addition, increasing disposable income in the emerging economies, particularly in the Asia-Pacific countries such as China and India, is expected to have a positive effect on market growth.

The Global Personal Care Specialty Ingredients Market is expected to reach USD 15.76 billion by 2024, according to a new report by Grand View Research, Inc.


Surfactants accounted for 30.6% of the global active personal care specialty ingredients market in 2015. High penetration of this segment in personal care sector can be attributed to its chemical properties that make it compatible with several other ingredients. The anionics dominated the surfactant product segment owing to its use in a variety of personal care products, such as skin care, hair care and color cosmetics.

The inactive personal care specialty ingredients market is estimated to grow at a CAGR of 5.4% over the forecast period. Growth in this segment is attributed to the significant product demand in enhancing the effectiveness of primary components in cosmetic products.

Active specialty ingredients are anticipated to account for 58.6% of the global revenue by 2024. Growing demand for cosmetics with both conditioning and other functionalities such as UV and anti-dandruff treatment is expected to steer growth.

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Conditioning polymers are anticipated to witness the highest growth of 6.6% over the forecast period. Ongoing research activities in protein and polyquaternium based ingredients to develop competent hair conditioning products is expected to offer ample opportunities for industry participants over the long term.

Top Players of Personal Care Specialty Ingredients Market:

Key industry participants in the market include Ashland, BASF, Croda, Evonik, and Dow Chemical. Other major players include Inolex, Naturex, Clariant International, Vantage Specialty Ingredients, LotionCrafter, Avenir Ingredients, Treatt, and Cosmetics Ingredients (Pty) Ltd.

Market Segmentation of Personal Care Specialty Ingredients Market:

The Global Personal Care Specialty Ingredients Market segmented on the basis of Product, and Region.

By Product:

    Active
        Surfac
        Emollients
        UV Absorber
        Conditioning polymer
        Anti-microbial
        Others
    Inactive

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Personal Care Specialty Ingredients Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3129
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