Opportunities in the personal care active ingredient market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the Personal care active ingredient market is expected to reach $5.9 billion by 2025 with a CAGR of 5%-6%. In this market, moisturizing is the largest segment by ingredient type, whereas skin care is largest by application. Players can benefit from the available opportunities like increasing consumer awareness regarding personal care and hygiene, high standards of living and high per capita spending.
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BASF, Solvay, Evonik, Croda, Clariant and Others.are some of the companies profiled in this report.
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