Comparing 20 vendors in Personal Care Ingredient across 41 criteria.
ContendersMarket Leaders 
Emerging CompaniesInnovators 
Nouryon
Givaudan
Clariant
Croda
Solvay
Adeka
Merck
Seppic
Indorama
BASF
Dow
Evonik
DSM
Kao
Innospec
Ashland
Corbion
Lubrizol
Symrise
Eastman
Access Research To
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POWERED BY MARKETSANDMARKETS
Sep 23, 2023
The Personal Care Ingredients Companies quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Personal Care Ingredients. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 100 Personal Care Ingredients Companies of which the Top 20 Personal Care Ingredients Companies, World were categorized and recognized as the quadrant leaders.
The Personal Care Products Council (PCPC) and the Natural Products Association define personal care ingredients as ingredients that come from or are made from a renewable resource found in nature (flora, fauna, mineral) and petroleum compounds sources. For each ingredient, the substance must be listed as Generally Recognized as Safe (GRAS) by the FDA when used in accordance with Good Manufacturing Practices (GMP).
Personal care ingredients are constituents used for manufacturing consumer care products. These ingredients are used in various end-use applications such as skin care, hair care, oral care, and makeup. They provide cleansing toning moisturizing, hydrating, exfoliating, conditioning, anti-dandruff, antiperspirants, neutralizing, coloring, perfuming, and styling functionalities to personal care products.
Personal care ingredients include ingredients such as conditioning polymers, emollients, surfactants, rheology modifiers, emulsifiers, hair fixative polymers, antimicrobials, UV absorbers, skin-lightening agents, anti-ageing agents, and opacifiers.
The 360 Quadrant efficiently maps the personal care ingredients companies based on criteria such as revenue, geographic presence, growth strategies, investments, channels of demand, and sales strategies for the market presence of the personal care ingredients quadrant. The top criteria for product footprint evaluation included Product Type (Rheology Modifiers, Emollients, Surfactants, Emulsifiers and Conditioning Polymers) and Product Applications (Skin care, Hair care, Oral care, and makeup).
Key trends highlighted in 360 Quadrants:
- The personal care ingredients market is highly competitive. The market size was estimated at USD 12, 673 million in 2023 and is projected to reach USD 14, 897 million by 2027, at a CAGR of 4.0% between 2023 and 2027. Increased disposable earnings and changes in consumers' standards of living together improved their purchasing power. The market is expanding because of rising consumer awareness of products with multiple uses, these are the major factors expected to drive the personal care ingredient industry.
- The rising level of consumer understanding of hygiene and health in the dynamics of the personal care ingredients industry. Personal Care Ingredients companies are modifying their personal care ingredients portfolio to meet the demand of increasing awareness regarding hygiene and skin care products. In February 2023, Dow presented its DEXCARE CD-1 Polymer, its new bio-derived deposition aid to boost shampoo’s conditioning effectiveness.
- Based on the ingredients type, the emollient segment accounted for the largest share in 2022 in terms of value and is expected to retain its position due to its wide applicability in various applications. Some of the personal care ingredients companies in the domain include BASF SE, Ashland Inc., Solvay, The Dow Chemical Company and Clariant
- In terms of applications, the skin care applications segment accounted for a share of 34%, thereby dominating the personal care ingredients market. During the forecast period, the demand for personal care chemicals in skin care applications is anticipated to rise due to the ageing population's increased desire for younger-looking skin in nations like South Korea, Japan, and the UK.
- Demand for personal care ingredients in hair care products is rising as customers become more aware of the damaging effects of the environment on hair follicles.
- A major aspect of creating development prospects for personal care ingredients companies is they are the most widely utilized ingredient in the market for personal care products due to their versatility in skin care, hair care, mouth care, makeup, and toiletries.
- Another primary reason driving the for personal care ingredients companies is the rising need for compounds like anti-ageing, exfoliating, UV, moisturizing, antioxidant, and antibacterial substances. Personal Care Ingredient Manufacturers are continuously introducing new products to meet the demand of customers. For instance, In January 2022, BASF launched Peptovitae, a series of four patented peptides that represent a new generation of scientifically developed biomimetic peptides. Peptovitae was developed in Asia through an exclusive relationship with Caregen, a Korean-based company and global leader in biomimetic peptide R&D.
- Surfactants accounted for the second-largest share, in terms of value, reducing the surface tension between two surfaces, surfactants are utilized to boost the spreading and wetting capabilities.
- When it comes to applications that demand the hair care industry is evolving to address issues with hair, including dandruff, an itchy scalp, graying hair, hair loss, and thinning hair, among others. For instance, in March 2022, Clariant Natural Ingredients launched Prunizen, a natural “feel good” active to fight stress-induced hairloss, improve hair vitality & density, and restore hair & scalp well-being.
- Europe was the largest market for personal care ingredients companies, in terms of volume. This is a result of the more expensive ingredients for personal care products in Europe. The region's cosmetics business is driven by consumer demand for high-end cosmetics and rising disposable income levels. Additionally, the production of personal care products is expanding in Europe and is anticipated to do so during the projected period.
- This market is dominated by major Personal Care ingredients companies BASF SE (Ludwigshafen, Germany), Ashland Inc. (Wishareon, USA), Solvay (Brussels, Belgium), The Dow Chemical Company (Midland, USA), and Clariant (Muttenz, Switzerland), are the key players of the market, accounting for nearly 30% shares of the personal care ingredients market.
- Companies are adopting various strategies for acquisitions, product launches, and contracts & agreements to increase their share in the market. Some personal care ingredients companies are focusing on launching new products and expanding their reach in different regions and applications. For instance, In April 2022, Solvay introduced Mirasoft SL L60 and Mirasoft SL A60 - two new high-performance biosurfactants that enable the development of sustainable beauty care products. Based on rapeseed oil and sugar with low environmental and carbon footprint, these glycolipid biosurfactants are suitable for a broad range of applications in beauty care such as shampoos, conditioners, shower gels, face washes and creams.
- Personal Care Ingredients companies are also focused on building strategies to address luxury skin care products, cosmetics, and perfumes that are on the rise in European countries. To cite an example, in March 2023, Clariant launched its new, natural emollient, Plantasens Pro LM, which provides a luxurious, rich, and caring feel to the skin during and after application. Plantasens Pro LM is 100% natural, readily biodegradable, COSMOS and Natrue certified.
- Most of the personal care ingredients companies are introducing new product developments the primary area of focus for the market players is to increase their revenue and gain a higher share in the market. For instance, in August 2021, Clariant signed an agreement to acquire the remaining 70% of the Brazilian Personal Care Specialties company, Beraca from the founding Sabará family. It has held a 30% stake in the company since 2015. Through this acquisition, Clariant will gain valuable access to natural materials based on the biodiversity of the Brazilian rainforest and this will open great opportunities for high-quality growth for its Care Chemicals business.
The Full List
The Full List
| Company | Headquarters | Year Founded | Holding Type |
|---|---|---|---|
| Adeka | Tokyo, Japan | 1917 | Public |
| Ashland | Wilmington, USA | 1924 | Public |
| BASF | Ludwigshafen, Germany | 1865 | Public |
| Clariant | Muttenz, Switzerland | 1995 | Public |
| Corbion | Amsterdam, Netherlands | 1919 | Public |
| Croda | Snaith, UK | 1925 | Public |
| DSM | Heerlen, Netherlands | 1902 | Public |
| Dow | Midland, USA | 1897 | Public |
| Eastman | Kingsport, USA | 1920 | Public |
| Evonik | Essen, Germany | 2007 | Public |
| Givaudan | Vernier, Switzerland | 1895 | Public |
| Indorama | Bangkok, Thailand | 1994 | Public |
| Innospec | Littleton, USA | 1938 | Public |
| Kao | Tokyo, Japan | 1887 | Public |
| Lubrizol | Wickliffe, USA | 1928 | Private |
| Merck | Darmstadt, Germany | 1668 | Public |
| Nouryon | Amsterdam, Netherlands | 2018 | Private |
| Seppic | Courbevoie, France | 1943 | Private |
| Solvay | Brussels, Belgium | 1863 | Public |
| Symrise | Holzminden, Germany | 2003 | Public |
Frequently Asked Questions (FAQs)
Personal care ingredients are substances that are used to make cosmetics, skin care products, hair care products, and oral care products. Some of these ingredients are water, emollients, humectants, preservatives, fragrances, colors, thickeners, surfactants, and others. Personal care ingredients can do many things, like make products more moisturizing, clean, and long-lasting, as well as improve their texture, smell, and look. It's important to remember that some ingredients in personal care products may be bad for your health or the environment, so it's important to read labels and do research before buying personal care products.
Water, emollients, humectants, preservatives, fragrances, colours, thickeners, and surfactants are all common ingredients in personal care products. Water is often used as a base and solvent, and emollients like oils and butters help to keep the skin moist and soft. Humectants like glycerin and hyaluronic acid help to attract and hold on to water. Harmful bacteria and microorganisms can't grow when you use parabens and phenoxyethanol as preservatives. Fragrances and colours are often added to make products smell and look better, and thickeners like gums and clays can make the texture of a product more solid. Surfactants like sodium lauryl sulphate and coco-glucoside make foam and clean. Depending on the type of product and what it's meant to do, the ingredients used can be different.
Personal care products have different qualities, such as texture, smell, colour, pH, ability to moisturise, ability to clean, stability, and compatibility with skin. Texture is how the product looks and feels, and fragrance is the smell that comes from natural or man-made sources. The colour of a product is called its hue, and it can be made with natural or man-made dyes. pH is a measure of how acidic or alkaline a product is, which affects how well it works and how well it works with your skin. The ability of a product to hydrate and calm the skin is called its moisturising ability. The ability of a product to remove dirt, oil, and other impurities is called its cleansing ability. Stability is the ability of a product to keep its qualities over time. Skin compatibility is how well the skin can handle the product without having a bad reaction.
Many components used in personal care products are regarded as safe when used as instructed, however some may irritate some people or trigger allergies in others. Regulatory organisations like the US Food and Drug Administration (FDA) and the European Union's Scientific Committee on Consumer Safety assess the safety of substances used in personal care products (SCCS). To evaluate the safety of substances used in personal care products, these organisations examine data from scientific studies. But it's crucial to remember that everyone has a distinct skin type and body chemistry, so what is safe for one person might not be safe for another.
Before they may be used in personal care products, substances must pass a number of safety tests. In vitro (test tube) research, animal studies, and human clinical trials are frequently used in these examinations. Whereas animal studies examine the ingredient's effects on entire organisms, in vitro studies test the ingredient's potential toxicity at the cellular level. Clinical trials on humans examine an ingredient's safety and effectiveness on volunteers in carefully monitored environments. In order to evaluate if an ingredient is safe for use in personal care products, regulatory organisations like the US Food and Drug Administration (FDA) and the European Union's Scientific Committee on Consumer Safety (SCCS) examine the data from these research.
There is no clear answer to the question of whether natural or synthetic ingredients are better for personal care products. In the end, it depends on the person and the ingredient in question. Most people think that natural ingredients are safer and better for the environment because they come from plants or minerals and aren't changed much. But some people can still have allergic reactions or skin irritations from natural ingredients, and natural ingredients may not always be as effective or stable as their synthetic counterparts. Synthetic ingredients, on the other hand, can be better because they are more stable, work better, and last longer. In the end, the choice between natural and synthetic ingredients in personal care products is a personal one. If people have questions, they should do their own research and talk to a healthcare professional.
Yes, some ingredients in personal care products can get into the skin. This depends on how big their molecules are and what else they have. The skin protects the body from outside threats by acting as a barrier, but it can also take in some things. This is why some topical medicines, like transdermal patches, are able to get drugs into the bloodstream through the skin. Ingredients in personal care products can also get into the skin in different ways, which is why some people may have allergic reactions or other problems after using certain products. But not all ingredients in personal care products can get into the skin, and how much they do depends on a number of things.
Getting ingredients for personal care products, making them, using them, and throwing them away all have different effects on the environment. For example, making natural ingredients can cause trees to be cut down, habitats to be destroyed, and water to become polluted. On the other hand, making synthetic ingredients, which are often made from petrochemicals, can cause greenhouse gas emissions and other types of pollution. Personal care products can also hurt the environment when they are thrown away, especially if they contain ingredients that stick around or build up in the environment. Also, using microbeads and some preservatives in personal care products has been linked to bad effects on aquatic ecosystems and wildlife. To lessen these effects, some companies are getting their products from more sustainable sources and using packaging materials that are better for the environment.
There are many products for personal care, but here are some of the most common:
1. Soap and body wash clean the skin and get rid of oil and dirt.
2. Shampoo and conditioner are used to clean and condition the hair.
3. Deodorant and antiperspirant are used to keep smells and sweat under control.
4. Toothpaste and mouthwash are used to keep the mouth clean and fresh.
5. Sunscreen is used to protect the skin from UV rays, which can cause damage.
6. Moisturizer is used to keep the skin hydrated and healthy.
7. Makeup is anything that is used to improve the look of the face or body, like foundation, lipstick, and mascara.
Personal care products have a lot of different ingredients, but some of the most common ones are:
1. Water is used in many products as a solvent and to thin things out.
2. Emollients are things like oils, butters, and silicones that make the skin soft and smooth.
3. Surfactants are things like sodium lauryl sulphate that are used to make foam and clean the skin or hair.
4. Preservatives are things like parabens and phenoxyethanol that are added to products to stop the growth of bacteria and fungi.
5. Thickeners, like carbomers and gums, are used to give products a better feel.
6. Fragrances are added to products to make them smell nice, but some people may have allergic reactions to them.
7. Colorants are used to give things color, like dyes and pigments.
It's important to remember that the ingredients in personal care products can vary a lot depending on the product and brand, and not all of the ingredients listed above will be in every product.
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