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LATAM Cosmetic Preservatives Market Share

  • Report ID: GMI4624
  • Published Date: Apr 2020
  • Report Format: PDF
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 LATAM Cosmetic Preservatives Market Share

LATAM cosmetic preservatives market is moderately consolidated with major players including

  • BASF
  • Vantage
  • Merck
  • Lonza
  • Dow Chemical
  • Sharon Laboratories
  • Arkema
  • Ashland
  • Symrise
  • Schülke
  • Clariant AG
  • IFF
  • Stepan Company
  • Firmenich
  • Alban Muller
  • Synthite Industries
  • Royal DSM
     

Market participants in the LATAM cosmetic preservatives industry are taking strategic initiatives including capacity expansions, new product launches, partnerships & collaborations and mergers & acquisitions. For instance, In November 2018, Dow Chemical Company added bio based preservatives to its product portfolio. These bio-based product are incorporated with ethyl lauroyl arginate (ELA) which is an intellectual property that is owned by Lamirsa, a Spain based company for utilization in cosmetics.
 

In May 2018, LANXESS introduced new solbrol preservatives for cosmetics protection. Solbrol FFA is a preservative-free fruit acid blend that is highly effective against both bacteria and fungi. This GMO-free product is designed for oral care, hair care, skin care, and for both leave-on and rinse-off applications.
 

In October 2018, MINASOLVE released A-LEEN Aroma-3 and E-LEEN Green A. These are new alternatives for preserving the quality of cosmetic products.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

According to report, LATAM cosmetic preservatives market size is estimated to be pegged at US$ 130.74 Bn by 2026.

The LATAM cosmetic preservatives market is likely to register a CAGR of 4.2% over the forecast period.

According to the report published by Global Market Insights Inc., the Latin America cosmetic preservatives business is supposed to attain $130 million by 2026.

Growing demand for natural and organic cosmetics, rising e-commerce market for selling cosmetics products and increasing working women population are major factors expected to drive the growth of the market.

BASF, Lonza, Merck KGaA, Sharon Laboratories, Dow Chemical Company, Ashland, Arkema, Clariant AG, Symrise Ag, Schülke, Stepan Company, International Flavours & Fragrances Inc (IFF), LANXESS, Firmenich SA, are some of the top contributors in the industry.

The skincare application segment registered the highest market value in 2019 and is projected to record a remarkable growth rate throughout the forecast period.

LATAM Cosmetic Preservatives Market Scope

  • LATAM Cosmetic Preservatives Market Size
  • LATAM Cosmetic Preservatives Market Analysis
  • LATAM Cosmetic Preservatives Market Share

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    • Base Year: 2019
    • Companies covered: 26
    • Tables & Figures: 594
    • Countries covered: 15
    • Pages: 608
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