COSMETIC SURFACTANTS MARKET ANALYSIS

Cosmetic Surfactants Market, by Source (Natural and Synthetic), by Application (Hair Care, Nail Care, Oral Care, Skin Care, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Cleansing, solubilizing, foaming, thickening, emulsifying, penetration enhancement, and other special effects are attained in cosmetic by the use of surfactants. Surfactants are the most important ingredient in personal care and beauty products. The only reason to use surfactants in cosmetic is that surfactant molecule is compatible with both hot and cold water. Cosmetic ingredients are substances used for composition and formulation of cosmetics. The ingredients mainly used in cosmetics include surfactants, conditioners, colorants, polymers, and active ingredients.

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Market Dynamics:-

Rising awareness about beautification and increasing urbanized population are major factors driving growth of the cosmetics surfactants market. Cosmetic ingredients such as surfactants are useful for skin cleansers, due to its exceptional foaming ability. The demand for cosmetic products is increasing due to changing lifestyles and increasing disposal income. Compared to other segments, skincare segment is the major driver for growth of the global cosmetic surfactants market. Significant increase in use of skincare products is expected to boost the cosmetic surfactants market growth over the forecast period, globally. According to Korea Cosmetic Association (KCA), skincare cosmetics market, one of the largest import category in Korea, was expected to reach US$ 4,944 million in 2017, from US$ 4,192 million in 2016.

Stringent government regulations may hamper the market growth of cosmetic surfactants over the use of inorganic surfactants. Since inorganic cosmetic surfactants are irritating to skin and eye, manufactures are using green surfactants in the products. Coconut oil and palm oil is widely used as a green surfactants for manufacturing the cosmetic products.

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Market Outlook:-

Asia Pacific is expected to be the fastest growing region in the cosmetic surfactants market during the forecast period. This is due to rapid globalization & urbanization, and rising disposable income of the populace in this region. According to Ministry of Economy and Industry, Indian beauty and personal care industry is expected to reach US$ 10.5 billion in 2021, up by 40% from US$ 7.5 billion in 2016. Therefore, significant growth in personal care industry is expected to boost growth of the cosmetic surfactants market in the region during the forecast period.

Key Players:-

Key players operating in the cosmetic surfactants market include Lonza Group, AkzoNobel, Solvay SA, Croda International, Eastman Chemical Company, Ashland Global Holdings Inc., Clariant AG, Evonik Industries AG, Koninklijke DSM N.V., The Dow Chemicals, and Innospec Inc.

Market Taxonomy:-

On the basis of source, the global cosmetic surfactants market is segmented into:

Natural
Synthetic

On the basis of application, the global cosmetic surfactants market is segmented into:

Oral care
Skin care
Nail care
Hair care
Others

On the basis of region, the global cosmetic surfactants market is segmented into:

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

U.S.
Mexico
Canada

Brazil
Argentina
Rest of Latin America

Germany
Spain
U.K.
Italy
France
Russia
Rest of Europe

China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific

Cosmetic Surfactants Market Key Developments:

In November 2015, Clariant AG acquired 30% shares of health personal care division of Beraca Ingredientes Naturais SA, a company engaged in supplying natural and organic certified ingredients for personal care products. Moreover, in October 2017, Beraca along with Clariant launched new Capillus Pro 22 surfactant in Latin America. This surfactant finds application in various hair care products such as conditioners, hair masks, and hair repair & combing cream among others. The surfactant is expected to strengthen hair fibre and offer hair smoothness, and shine.
In July 2015, BASF along with Solazyme, Inc., a renewable microalgae oil and ingredients company, launched first commercial surfactant derived from microalgae oil. This high performance algal betaine based surfactant find its application in home and personal care products.
In May 2019, Lonza Group Ltd. introduced its new ‘SYNETH’ product range of polyglycerol esters. These esters serve as non-ionic surfactants and emulsifiers. SYNETH find its application in beauty and personal care products including cleansers and leave-on and rinse-off applications for skin, hair and scalp care products among others.

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