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Emollients Market growth is driven by the trends in the cosmetic, skin care, and hair care industries

Author : Ronak Bora | Published Date : 2019-03-18 

The emollients market is majorly driven by the trends in the cosmetic, skin care, and hair care industries. Moreover, rising awareness about personal grooming and rapidly changing lifestyles are further enhancing the emollients market worldwide. Basically, these are non-cosmetic moisturizers that are readily available in the form of gels, ointments, lotions and creams. Also, in countries like Indonesia, South Korea, Vietnam, and Brazil, rise in the purchasing power for cosmetics and personal care products is likely to drive the emollients market globally in the projected timeframe.

Over 31 million people in the U.S. have symptoms of eczema and more than 17 million people actually suffer from moderate to severe level of the disease. This will have a positive influence on global emollients market, which is used to reduce the frequency of eczema and reduces the risk of itching. People suffering from eczema face problems of skin dryness. Dry skin has the tendency to flare up and become inflamed to form patches of eczema. The product stops the skin from becoming dry and helps the skin remain irritation free.

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Less availability of some products and high product price may act as a restraint for the emollients market worldwide. These high priced cultured personal care and cosmetic products hinder the industry growth majorly in the developing countries. The impact of these restraints to the emollients market is very high in the short run. With increasing commercialization and competitive pricing the impact may reduce after a few years.

The emollients market can be segmented on the basis of various pointers such as by product, by end users and by region. On the basis of products, it can be segmented into soap substitutes, bath additives and cream & ointments. In soap substitutes it can be used as hand wash. In bath additives, it can be used as shampoos, ordinary bubble bath and shower gels. In cream and ointments, it can be a great substitute for shaving foam.

In terms of applications, the emollients market can be classified into fragrances, toiletries, hair care, makeup, oral care and skin care to name some. It provides moisture to dry, rough, itchy and scaly skin. Also, it helps prevent minor skin irritations, lip cracking and skin burns. Considering the hair care, lighter products such as argan oil, grapeseed oil, mango butter, soybean oil, sunflower oil are used for fine to medium thickness of hair, while avocado oil, castor oil, coconut oil, olive oil and shea butter is used for medium to coarse thickness of hair.

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On the basis of region, emollients market has been segregated into Asia Pacific, Europe, North America, Latin America and Middle East & Africa. In terms of revenue and volume, developed economies like the U.S. and the Europe are likely to witness growth in the coming years. Asia Pacific emollients market is estimated to exponentially grow in the forecast period due to the rise in disposable income of consumers, especially in the developing countries like China and India.

Prominent players operating in the global emollients market are BASF SE, Solvay SA, Stepan Company, Stearinerie Dubois, Sasol Limited, Lubrizol Corporation, Ashland Inc, AAK AB, Lipo Chemicals, Innospec Inc., Lonza Group Ltd, Oleon, Kunshan Shuangyou Daily Chemicals Company Limited, Evonik Industries AG and Croda International Plc to name a few.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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