The global cosmetic preservatives in the global cosmetic chemical market is projected to reach $0.21 billion by 2028, at a CAGR of 7.5% during 2023-2028. The growth of cosmetic preservatives in the global cosmetic chemical market is driven by increase in the purchasing power of the population, growing awareness towards personal hygiene, and rising preference for premium and organic personal care products.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the cosmetic preservatives in the global cosmetic chemical market by product type (paraben esters, formaldehyde donors, phenol derivatives, alcohols, inorganics, and others), application (lotions, facemasks, sunscreens, & scrubs, shampoos & conditioners, soaps, shower cleansers & shaving gels, face powders & powder compacts, and mouthwashes & toothpastes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the cosmetic preservatives in the global cosmetic chemical market?
Q.4 What are some changing demands of customers in the cosmetic preservatives in the global cosmetic chemical market?
Q.5 What are the new developments in the cosmetic preservatives in the global cosmetic chemical market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this cosmetic preservatives in the global cosmetic chemical area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this cosmetic preservatives in the global cosmetic chemical market?
Based on product type, the cosmetic preservative in the global cosmetic chemical market is segmented into paraben esters, formaldehyde donors, phenol derivatives, alcohols, inorganics, and others. The phenol derivatives segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to their increasing usage in the manufacturing of sunscreens, hair coloring lotions, and skin lightening creams and lotions.
Europe will remain the largest region due to the rising demand for natural cosmetic products and increasing awareness among consumers towards maintaining healthy and hygiene life.
Key Players in the cosmetic preservatives in the global cosmetic chemical market are Ashland Group, BASF, Arkema, Symrise, and Clariant.
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