The global cosmetics industry is gaining momentum due to the growing demand for nylon in personal care and cosmetics.
FORT COLLINS, Colo., April 7, 2024 (Globe Newswire) — The market size of nylon in personal care and cosmetics was valued at USD 2.4 billion in 2023 and is expected to reach USD 4.4 billion by 2032, at a CAGR of 6.8%.
Increasing demand for synthetic cosmetics is a key factor driving the growth of nylon in the personal care and cosmetics market. Changing public attitudes towards personal grooming are one of the factors driving the cosmetics industry and are contributing to the increased demand for nylon in these applications. Nylon microbeads are widely used in cosmetics and personal care cosmetics due to their effectiveness as matting agents, binders, and oil absorbers.
Nylon is widely used in the cosmetic industry. Products such as Nylon 12, Nylon 6, 12/6/66, 11, 66, 611, and 6/12 are used in the formulation of cosmetic products such as eye makeup, mascara, makeup products, nail polish, and skin fresheners. Nylon 12 and nylon 66 are found in bath products, deodorants, cosmetics, moisturizers, lipsticks, night skin care products, face masks, skin care products, and tanning products.
Increasing focus on the use of sustainable materials is likely to provide growth avenues for prominent market players and contribute to market expansion during the forecast period. Efforts have been made to develop bio-based nylon products for cosmetic applications. Demand for such products manufactured from renewable energy sources is increasing worldwide. For example, in March 2022, Genomatica and Asahi Kasei announced a partnership to commercialize renewable resource nylon 6,6 derived from Genomatica’s bio-based HMDs.
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Segmentation overview:
The Nylon market in the global personal care and cosmetics market is segmented into: Applications and regions. Based on application, the skin care segment held a dominant share in the market in 2023 as nylon is used in various skin products such as creams and sunscreens. Nylon is used in a variety of skin products such as creams and sunscreens due to its excellent mattifying properties.
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Highlights of the Personal Care and Cosmetics Market Report:
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Rising living standards and disposable incomes have been cited as the main reasons for the growth of the cosmetics industry, which is driving the market growth.
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The Asia-Pacific region will account for the major market share in 2023. Southeast Asian countries such as Thailand, Malaysia, and Indonesia are expected to drive regional market growth due to increasing consumer awareness about skin. Additionally, social media influencers and celebrities are also influencing young consumers to purchase cosmetics and personal care products in the region.
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Notable players in the personal care and cosmetics nylon market report include Arkema, Kobo Products Inc., CRODA, Toray, Riken Chemical & Co., Asahi Kasei, Tai Hing Nylon Filament Products Co., LTD, Sensient Cosmetic Technologies, and Evonik It is included. .
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Nylon in personal care and cosmetics market segmentation:
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By region: North America, Latin America, Europe, Asia Pacific, Middle East and Africa.
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