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US Cosmetic & Toiletry Chemicals Market Forecast

January 31, 2013

The US demand for cosmetic and toiletry chemicals is forecasted to rise 5% a year to $9.9 billion in 2016, according to a report available from Reportlinker.com.

Greater consumer spending on cosmetic and toiletry products, as well as trends favoring organic and natural formulations, will continue to aid growth in chemical demand. Advances in volume demand will remain healthy, though limited by the increasing use of higher value ingredients that are more effective at lower loadings.

Consumer preference for active and natural ingredients will drive demand for products such as enzymes, amino acids, and botanical extracts. Increasing use of cosmeceutical skin care products will aid consumption of such high value additives as nanoscale ingredients. Botanical extracts will benefit from their perception as being more natural and thus more healthful than traditional cosmetic and toiletry chemicals, such as petroleum oils and commodity surfactants. These latter products will experience limited gains, primarily due to the popularity of water-based formulations in skin and hair care products, and a trend away from chemicals perceived as being harsh.

Specialty additives, and emollients and moisturizing agents will register the most rapid growth in demand through 2016, as consumers expect higher performance from their cosmetic and toiletry products. Active ingredients in particular will post above average gains among specialty additives.
Several segments in the cosmetic and toiletry industry, including organic and natural products, male grooming, ethnic products, and anti-aging, are poised for rapid growth, directly impacting the mix of the chemicals used in their formulation.

This study presents historical demand data plus forecasts for 2016 and 2021 by product, function and market. The study also considers key market environment factors, examines industry structure, evaluates company market share and profiles 34 competitors.

More info: nicolasbombourg@reportlinker.com
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