Emulsifiers Market for Personal Care Applications to Reach $3.0 Billion by 2034, Fueled by Demand for Sustainable and Natural Ingredients | TMR [Yahoo! Finance]
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
With increasing consumer demand for eco-friendly and high-performance personal care products, key industry players are driving innovation in green chemistry and biodegradable formulations. Wilmington, Delaware, Transparency Market Research Inc.-, Nov. 28, 2024 (GLOBE NEWSWIRE) -- The global emulsifiers market for personal care applications (????????????????), valued at $1.5 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 6.6% between 2024 and 2034, reaching $3.0 billion by 2034 . This growth is driven by the increasing demand for eco-friendly, sustainable, and bio-based emulsifiers, as well as a rise in the innovation of personal care products. Emulsifiers play a critical role in personal care formulations by creating stable mixtures of water and oil. They are essential in products like lotions, shampoos, and moisturizers, and their demand is rising due to a growing shift toward natural, organic, and clean-label personal care products. Consumers ar
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