The Europe emollient market is anticipated to grow significantly at a CAGR of 4.7% over the forecast period (2021-2027). The UK, Germany, France, Italy, Spain, and the Rest of Europe are some of the key economies contributing to the growth of the Europe emollient market over the forecast period. The key aspect that drives the growth of the Europe emollient market is the well-developed chemical industry in the region. The chemical industry of Europe is among the largest manufacturing sectors; it is the second-largest producer of chemicals across the globe. In 2018, the European Union (EU) chemical industry represented nearly 7.5% of the EU manufacturing in terms of turnover.
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Besides, the high disposable income of the consumers especially in the economies such as the UK and Germany are likely to propel the demand for emollients in the European region. There has also been an increased demand for emollients in the personal care and cosmetics industry, which, further is likely to enhance the demand for emollients over the forecast period. Further, the presence of the key players such as Ashland Inc., BASF SE, Clariant AG, Croda International Plc, Dow Chemical Co., Eastman Chemical Co., Evonik Industries AG, Lonza Group, Lubrizol Corp., and Solvay SA among others also supports the market growth in the region.
Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Form, Chemical Type, and Applications
- Regions Covered- Europe
- Competitive Landscape- Ashland Inc., BASF SE, Clariant AG, Croda International Plc, Dow Chemical Co., Eastman Chemical Co., Evonik Industries AG, Lonza Group, Lubrizol Corp., and Solvay SA among others
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Europe Emollient Market – Segmentation
By Form
- Solid
- Semi-solid
- Liquid
- Powder/ Flakes
By Chemical Type
- Esters
- Fatty Alcohols
- Fatty Acids
- Ether
- Silicones
- Hydrocarbons
- Others
By Application
- Skin Care
- Hair Care
- Oral Care
- Fragrances
- Toiletries
- Cosmetics
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
