Emollient Esters Market is projected to grow from USD 421.15 million in 2021 to USD 607.31 Million by 2028 at a CAGR of 5.3% during the forecast period.
Emollient esters are chemical compounds utilized in cosmetic product compositions. Emollients act as a barrier to the skin's natural moisture loss, stopping water from evaporating from the epidermis' outer layer. This barrier aids in the improvement of skin smoothness. Emollient esters are created when fatty alcohol reacts with carboxylic acids. Silicones, ethers, fatty alcohols, fatty acids, and hydrocarbons are examples of other emollients.
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RESTRAINTS
Stringent Labeling Rules for Cosmetic Ingredients Impede Market Growth
Some of the constraints that may limit the growth of the emollient esters market include stringent labeling laws for cosmetic chemicals and the availability of cheaper and greener emollient replacements.
List of Key Players:
- Evonik
- Ashland.
- The Lubrizol Corporation
- BASF SE
- Croda International Plc
- Solvay
- Stepan Company
- Innospec
Key Market Insights:
The global emollient esters market is expected to grow at a CAGR of 5.5% over the forecast period (2023–2030).
Market value is projected to reach USD 1.8 billion by the end of 2030.
This growth is driven by the rising demand for natural and organic skincare products, the increasing awareness about skincare benefits, and the growing disposable income of consumers, particularly in emerging economies.
Factors Driving Market Growth:
Increasing Consumer Awareness of Skin Health:
With growing concerns about skin conditions such as dryness, eczema, and aging, consumers are increasingly turning to products that contain emollient esters for their hydrating and soothing properties.
The rise of skincare routines and the popularity of natural beauty products have also encouraged the demand for plant-based emollient esters that are perceived as safer and more sustainable.
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