How big is the emollients market?

The global emollients market size was estimated at USD 1.38 billion in 2021 and is expected to reach USD 1.52 billion in 2022

What is the emollients market growth?

The global emollients market, in terms of revenue, is expected to grow at a compound annual growth rate of 4.7% from 2022 to 2030 to reach USD 2.09 billion by 2030

Which segment accounted for the largest emollients market share?

Asia Pacific dominated the emollients market with a revenue share of 32.7% in 2021. This is attributed to the presence of major market vendors, availability of raw materials and labor at a lower price, and the high adoption of emollients in personal care and cosmetic industry.

Who are the key players in the emollients market?

Some of the key players operating in the emollients market include BASF SE, Clariant, Eastman Chemical Company, The Lubrizol Corporation, Covestro AG, Evonik Industries AG, Hallstar, Croda International PLC, Ashland Inc., Sasol, Lonza, Stepan Company, Oleon Health and Beauty, Solvay, Vantage Speciality Chemicals. among others.

What are the factors driving the emollients market?

The key factors that are driving the global emollients market include the increase in demand for cosmetics across the globe. Also, the growing consumption of moisturizers and skin-softening creams globally is propelling the demand for emollients.