The Global Cosmetic Texturizing Agent Market is estimated to show a CAGR of 7.2% during the forecast period.
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Texturing agents are ingredients used in cosmetic formulations to improve the end products’ consistency and feel. They are typically made of lipid derivatives (oils, esters, wax derivatives) or polymers (polyacrylates, polysaccharides, gums, etc.). Texturizing agents can perform by emulsifying, acting as an emollient, thickening, foaming, or dispersing substances. The growing consumer awareness of the advantages and drawbacks of using products made with various specific ingredients is anticipated to fuel demand within the global cosmetic texturizing agent market in the upcoming years. These aspects together are expected to increase the focus on improving and modifying the textual features of various ingredients used in the cosmetics industry. The ongoing work and funding devoted to advancing research and development within the global cosmetic texturizing agent market to create new goods and services are also anticipated to give the market pace in the near future. Major producers and players in the worldwide cosmetic texturizing agent market have taken notice of the growing demand for herbal cosmetic products and are progressively developing new lines of herbal components, mostly in developed regions like North America and Europe.
List of Prominent Players in the Cosmetic Texturizing Agent Market:
Sophim
Imerys
Nagase
Sanyo Chemical Industries
Siltech
AAK Personal Care
Grace
Clariant
BASF
Symrise
GOO CHEMICAL CO., LTD.
Waxoils Private Limited
Seppic
Lucas Meyer Cosmetics
MS Beautilab
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Market Dynamics:
Drivers-
The main reasons to invest in various cosmetic texturizing agents are product enhancement and enhanced results, such as product thickness & smoothness. The main factors driving demand are rising consumer expenditure and a preference for cosmetic products. The main trends seen in the industry are the creation of new products using more cutting-edge and environmentally friendly raw materials. Demand for natural components such as oils, natural wax, and vegetable butter is also anticipated to be affected by consumer preferences for clean labelling and items made from natural materials. The main goal of the producers of beauty goods is to alter and improve their production process by using new & cutting-edge raw ingredients. This mixture of synthetic and natural elements aids manufacturers in creating durable items. Since a variety of materials are readily available, there is some competition in the global market. The ingredients can be used in different ways for various goods due to their high efficiency and availability, changing the usage pattern even if the materials are not unique and are generally available.
Challenges:
People are more oriented toward natural, eco-friendly items, which cannot be cost-effective because the major elements in cosmetic products are not natural, creating a sense of an unnatural manner of preserving your appearance. In addition, side effects and allergies are significant concerns for consumers. The market growth of cosmetic ingredients is anticipated to be hampered by strict laws against the use of dangerous chemical elements. Future construction of new cosmetic ingredients manufacturing facilities is expected to be constrained by growing environmental concerns caused by problems with hazardous chemical waste from those facilities’ production of cosmetic components. This should slow the market’s expansion for a cosmetic texturizing agent.
Regional Trends:
The Asia Pacific area will dominate these materials’ global sales and consumption. In the forecast period, the region will be in charge of a significant share of the total revenue share. The main factors promoting growth in this region are the existence of large-scale manufacturing facilities and high spending on personal care and beauty items. With their extensive engagement and influence with cosmetics, China, India, South Korea, and Japan are the main contributors. Strong product penetration in the area will be caused by the expansion of the personal care industry and a high propensity for sustainable goods. The use of natural alternative materials is strongly favoured in the region, which will lead to a significant uptake of natural oils and waxes there. The regional demand for natural cosmetic texturizing agents will be influenced by government assistance for items with green labels as well as growing consumer awareness of organic and natural products.
Recent Developments:
- In March 2022, Vantage Specialty ChemicalsTM acquired JEEN International Corporation and BotanicalsPlus, Inc. The merger opens a fascinating new chapter in Vantage’s development into a pioneer in the field of personal care ingredients that is solutions-oriented. JEEN is a fantastic addition to Vantage Personal Care’s already extensive line of naturally derived ingredients, including active compounds, natural oils, and bio-based chassis.
- In July 2021, BASF’s COSMOS-approved texturizing biopolymer Hydagen Clean will now provide a natural alternative to synthetic polymers. It is claimed that due to its film-forming and gelation properties, it can be used to create a variety of textures, such as jellies, peel-off formulae, and patches with a cooling effect. Additionally, formulations that support the skin’s microbiome should use this component.
Segmentation of Cosmetic Texturizing Agent Market-
By Texture Agent
- Polyacrylates
- Polysaccharides
- Butyl acetate
- Natural wax
- Wax derivatives
- Oils
- Palm
- Castor
- Others
- Vegetable butters
- Shea
- Almond
- Jojoba
- Cocoa
- Others
- Vegeline
- Others
By End-Use
- Skin care
- Hair care
- Nail care
- Color cosmetics
- Others
By Region-
North America-
- The US
- Canada
- Mexico
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of Middle East and Africa
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