Emollients Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
14 Jun, 2023
The global emollient market size is expected to grow from $1.45 billion in 2022 to $1.53 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global emollient market size is expected to reach $1.82 billion in 2027 at a CAGR of 4.5%.
Global Emollients Market Key Driver
The rising demand for personal care products is projected to boost the emollient industry forward in the coming years. Personal care items are those that are used for grooming and maintaining personal hygiene. Emollients are chemicals included in personal care products that help to soothe skin irritation and dryness. These are used in a variety of skincare and personal care products to moisturise, smooth fine lines and wrinkles, repair photodamage, and minimise indications of ageing.
Get a sample of the global emollients market reportGlobal Emollients Market Segments
The global emollients market is segmented:
1) By Type: Esters, Fatty Alcohols, Fatty Acids, Ethers, Silicones, Other Types
2) By Form: Solid, Liquid
3) By Application: Skin Care, Hair Care, Deodorants, Oral Care, Other Applications
4) By End User: Cosmetics Industries, Toiletries Industries, Oral Care Industries, Other End-Users
5) By Geography: The regions covered in the emollients market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global emollients market.
Major Emollients Industry Players
BASF SE, Clariant AG, Eastman Chemical Company, The Lubrizol Corporation, Evonik Industries AG, Croda International plc, Ashland Inc., Lonza Group Ltd., Stepan Company, Solvay SA, Stephenson Group Limited, Innospec Inc., Cargill Incorporated, Sasol Limited, Oleon NV, Dow Chemical Co.
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Emollients Market Overview
Emollients refer to a cosmetic preparation that is applied directly to the skin for giving moisturizing treatment. Emollients decrease the transepidermal water loss by forming an occlusive oil film on the stratum corneum.
Emollients Global Market Report 2023 provides data on the global emollients market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The emollients market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.