North America emollient market is anticipated to grow significantly at a CAGR of 4.9% over the forecast period (2021-2027). The US and Canada are the key economies contributing to the growth of the North America emollient market. The key aspect that drives the growth of the North America emollient market is the rapid growth in the chemical sector of the region. Chemical activities and industrial production are closely tied to the major end markets such as personal care and the cosmetics industry. Increased consumer spending is further supporting the enhancement of the regional production of chemicals in soaps, detergents, beauty & personal care, and cosmetics industries; which is also likely to create scope for the growth of the market.
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Further, North America is an important major market for skincare products, particularly in the US, which contributes significantly to the growth of the market in the region. There has been a substantial growth in the personal care industry owing to the increased awareness of the consumer regarding the beauty and cosmetics products along with the increased spending of the people on luxury and premium products; which is significantly creating scope for the emollient market growth. Besides, the considerable presence of the targeted population base is also contributing to the demand for personal care products in the North American region, which again in creating lucrative market growth opportunities.
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- North America
· 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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North America 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.)
