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Global Emollient Market 2019-2023 | Evolving Opportunities with BASF and DowDuPont | Technavio

February 5, 2020 GMT
Global Emollient Market 2019-2023 | Evolving Opportunities with BASF and DowDuPont | Technavio
Global Emollient Market 2019-2023 | Evolving Opportunities with BASF and DowDuPont | Technavio

LONDON--(BUSINESS WIRE)--Feb 4, 2020--

The global emollient market is poised to grow by USD 686.24 million during 2019-2023, progressing at a CAGR of over 6% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global emollient market 2019-2023 (Graphic: Business Wire)

Read the 112-page research report with TOC on “Emollient Market Analysis Report by Application (Skin care, Hair care, Cosmetics, and Others), by Geography (Americas, APAC, and EMEA), and Segment Forecasts, 2019 - 2023”.

https://www.technavio.com/report/global-emollient-market-industry-analysis

The growing preference for multifunctional personal care products and increased demand for natural and organic personal care products is anticipated to boost the growth of the market.

The popularity of multifunctional personal care and beauty products is increasing worldwide, especially among price-sensitive consumers. The growing popularity of these products is propelling the demand for emollient-based personal care products. Emollients provide numerous benefits in terms of skin growth and appearance. They are used to mitigate several skin conditions, such as acne, wrinkles, dark circles, eczema psoriasis, etc. Vendors are developing integrated products using emollients that offer multiple benefits to meet the demands of consumers. Furthermore, consumers are developing a preference for natural and green products, which is also driving the consumption of natural emollient-based products. Thus, the growing preference for multifunctional personal care products is expected to drive market growth during the forecast period.

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Major Five Emollient Market Companies:

BASF

BASF is headquartered in Germany and operates the business under various segments such as Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, Oil & Gas, and Other. The company offers a wide range of emollient products for personal care and pharmaceutical applications.

DowDuPont

DowDuPont is headquartered in the US and offers products through the following business units: Agriculture, Electronics & Imaging, Industrial Intermediates & Infrastructure, Nutrition & Biosciences, Packaging & Specialty Plastics, Performance Materials & Coatings, Safety & Construction, and Transportation & Advanced Polymers. The company provides a wide range of emollient products for home, personal care, and cosmetic applications.

Evonik Industries

Evonik Industries is headquartered in Germany and operates under various business segments, namely Resource Efficiency, Nutrition & Care, Performance Materials, and Services. The company offers a wide range of emollient products, such as TEGOSOFT AC, TEGOSOFT APM, and TEGOSOFT M.

Lonza

Lonza is headquartered in Switzerland and offers products through the following business segments: Specialty Ingredients, Pharma&Biotech, and Capsugel. The company offers a wide range of emollient products.

Solvay

Solvay is headquartered in Belgium and offers products through the following business segments: Advanced Materials, Advanced Formulations, Performance Chemicals, and Corporate & Business Services. The company manufactures and offers various emollient products.

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Emollient Application Outlook (Revenue, USD Million, 2019 - 2023)

Emollient Regional Outlook (Revenue, USD Million, 2019 - 2023)

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About Technavio

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With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: COSMETICS RETAIL

SOURCE: Technavio Research

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PUB: 02/04/2020 10:30 PM/DISC: 02/04/2020 10:30 PM

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