Dublin, Oct. 05, 2023 (GLOBE NEWSWIRE) -- The "Emollients Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global emollient market 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 emollient market is expected to reach $1.82 billion in 2027 at a CAGR of 4.5%.
Emollients are a category of cosmetic preparations that find direct application to the skin, offering a moisturizing treatment. They work by reducing transepidermal water loss, achieved through the creation of an occlusive oil film on the stratum corneum.
The emollients market research report is a comprehensive resource delivering key emollients market statistics. These insights encompass the global market size of the emollients industry, regional market share distributions, an in-depth analysis of competitors with their respective emollients market shares, meticulous segmentation of the emollients market, prevailing market trends, and the identification of promising opportunities.
One prominent trend sweeping through the emollients market landscape is the surge in product innovation. Leading companies entrenched in the emollients market are harnessing novel technologies to fortify their market positions. A notable illustration of this trend unfolded in April 2022 when Biosynthetic Technologies LLC, a U.S.-based manufacturer specializing in biobased synthetic compounds, introduced an innovative high-performance biobased emollient known as BioEstolide 250-100. This novel emollient is designed for applications in the realm of cosmetics and personal care.
BioEstolide 250-100 emollient proves invaluable in skincare applications by delivering moisturization and protection. What sets this product apart is its versatility in hair care, where it establishes a protective barrier against heat, retains moisture, and enhances the overall health and appearance of hair. Notably, it has garnered recognition for its ethical, sustainable, and natural attributes, positioning it as a viable alternative to silicone-based products.
In a noteworthy development in October 2020, Cargill Incorporated, a U.S.-based conglomerate, completed the acquisition of the natural emollient and derivatives business of Floratech (International Flora Technologies Ltd.), a move that has amplified Cargill's presence in the beauty industry.
The acquisition was executed with the objective of bolstering Cargill's beauty business and expanding its market footprint by offering global beauty and skincare consumers a comprehensive array of sustainable, nature-derived ingredients. Floratech (International Flora Technologies Ltd.) is a U.S.-based cosmetics firm renowned for its specialization in oils, emollients, and specialty particles.
The emollients market landscape in 2022 was dominated by North America, emerging as the largest region. On the horizon, Asia-Pacific is poised to emerge as the fastest-growing region in the forecast period.
The countries covered in the emollients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major players in the emollients market are
- 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.
Key Attributes:
Report Attribute | Details |
No. of Pages | 275 |
Forecast Period | 2023 - 2027 |
Estimated Market Value (USD) in 2023 | $1.53 billion |
Forecasted Market Value (USD) by 2027 | $1.82 billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Emollients Market Characteristics
3. Emollients Market Trends And Strategies
4. Emollients Market - Macro Economic Scenario
4.1. COVID-19 Impact On Emollients Market
4.2. Ukraine-Russia War Impact On Emollients Market
4.3. Impact Of High Inflation On Emollients Market
5. Emollients Market Size And Growth
5.1. Global Emollients Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Emollients Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Emollients Market Segmentation
6.1. Global Emollients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Esters
- Fatty Alcohols
- Fatty Acids
- Ethers
- Silicones
- Other Types
6.2. Global Emollients Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Solid
- Liquid
6.3. Global Emollients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Skin Care
- Hair Care
- Deodorants
- Oral Care
- Other Applications
6.4. Global Emollients Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Cosmetics Industries
- Toiletries Industries
- Oral Care Industries
- Other End-Users
7. Emollients Market Regional And Country Analysis
7.1. Global Emollients Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Emollients Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/otr4w8
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