22-Aug-2022 | Zion Market Research
The global beauty and personal care surfactants market size was worth USD 725.10 million in 2021 and is estimated to grow to USD 1,493.66 million by 2028, with a compound annual growth rate (CAGR) of around 12.80 percent during the forecast period. The report analyzes the beauty and personal care surfactants market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the beauty and personal care surfactants market.
Surfactant is a chemical that stabilizes oil and water mixtures by decreasing surface tension through the interface between water and oil molecules. It is a vital ingredient in several homes, personal, and beauty care products. Demand for waterless products, including face wash and cleansers, is a crucial factor escalating the market growth. Also, a rise in the living standards among the working & high-class population and a surge in product innovations by the key market players, including the use of bio-based ingredients, are the significant factors driving the global beauty and personal care surfactants market. Moreover, the new range of personal care products for hair and healthy skin solutions with mild surfactants and natural conditioning elements will further create new opportunities for the market in the forecast period mentioned above. However, the implementation of stringent regulations by government agencies and volatility in raw material prices are the major factors, among others, acting as restraints and will further challenge the growth of the beauty and personal care surfactants market in the forecast period.
The global beauty and personal care surfactants market is segregated based on product, application, and region. By product, the market is divided into nonionic, cationic, amphoteric, anionic, and others. Among these, the nonionic segment dominated the market in 2021. By application, the market is categorized into skin care, hair care, and others. During the forecast period, the skin care segment dominated the market regarding revenue generation.
In 2021, Asia-Pacific dominated the global personal and beauty care surfactants market due to the spread of application areas such as hair and personal care products due to a growing aging population and demand for anti-aging products, which increases the working population's disposable income. North America is the expected to witness growth in the personal care and beauty care surfactants market due to the growing consumer awareness of personal grooming and wellness.
Key market players in the global beauty and personal care surfactants market include Croda International PLC, BASF SE, Evonik Industries AG, Lonza Group Ltd., Akzo Nobel N.V., The DOW Chemical Company, Clariant AG, Wacker Chemie AG, Solvay S.A., and Ashland Global Holdings Inc.
Browse the full “Global Beauty and Personal Care Surfactants Market By Product (Nonionic, Cationic, Amphoteric, Anionics, and Others), By Application (Skin Care, Hair Care, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/beauty-personal-care-surfactants-market
The global beauty and personal care surfactants market is segmented as follows:
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