The cosmetic antioxidants market size is projected to reach USD 158 million by 2025 from USD 119 million in 2020, at a CAGR of 5.9%. increase I aging population is expected to support the growth of the cosmetic antioxidants market. However, higher cost of natural cosmetic antioxidants is restraining the growth of the market. On the other hand, increasing demand for male cosmeics has created opportunities for manufacturers.
Ashland Global Holdings (US), Lonza Group (Switzerland), BASF SE (Germany), Croda International Plc. (UK), and Eastman Chemical Company (US) are the major players in this market.
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BASF SE is one of the the largest players in the cosmetic antioxidants market. It has a strong brand name in the industry. Kuraray Co. Ltd. is a Japan-based chemical fiber company founded for the purpose of commercializing synthetic rayon. It later expanded its business into high-performance fibers, resins, and chemicals. It offers different products & services through six reportable business segments.
Croda International manufactures and supplies specialty chemicals. It operates through four segments, namely, personal care, performance technologies, life sciences, and industrial chemicals. The company offers cosmetic antioxidants under the brands Croda, Crodarom, and Sederma.
Lonza Group is a leading supplier of pharmaceutical, biotech, and specialty ingredients. The company operates through two product segments, namely, pharma, biotech & nutrition and specialty ingredients. The company offers cosmetic antioxidants under the specialty ingredients segment through its consumer care business unit.
Cosmetic Antioxidants Market by Source (Natural, Chemically Derived), Type (Vitamins, Enzymes, Polyphenols), Function (Anti-aging, Hair Conditioning, UV Protection) and Application (Skin Care, Hair Care, Make-up) - Global Forecasts to 2025
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