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The personal care ingredients industry is highly competitive with the presence of several small, medium & global manufacturers, catering to a wide range of activities. Some of the key manufacturers operating in the industry are
Mergers & acquisitions, strategic partnerships, joint ventures, and the expansion of dealer & production facilities, among others, are key strategies adopted by the market manufacturers. For instance, in September 2019, BASF SE acquired Isobionics. BASF SE aims to boost its technology for biotech-based ingredients and components.