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The Surge In Cosmetic Demand Drives Growth In The Humectants Market: Key Factor Driving The Growth In The Humectants Market
Humectants
What Is the Expected Humectants Market Size During the Forecast Period?
The Humectants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Humectants Market Size During the Forecast Period?
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What Are the High-Growth Segments in the Humectants Market?
The humectants market covered in this report is segmented -
1) By Product: Sugar Alcohol, Alpha Hydroxy Acid, Glycols, Other Products
2) By Source: Synthetic, Natural
3) By Application: Food And Beverages, Oral And Personal Care, Pharmaceuticals, Animal Feed, Paint And Coating, Pesticides, Other Application
Subsegments:
1) By Sugar Alcohol: Glycerin, Sorbitol, Xylitol
2) By Alpha Hydroxy Acid: Lactic Acid, Glycolic Acid, Citric Acid
3) By Glycols: Propylene Glycol, Ethylene Glycol
4) By Other Products: Urea, Honey, Aloe Vera Extract
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What Key Drivers Are Expected to Influence Future Humectants Market Growth?
The humectants market is forecasted to grow, spurred on by increasing demand in cosmetics. Cosmetics, utilized to enhance or modify appearances, often incorporate humectants as a common moisturizing element. These humectants are included in products such as lotions and shampoos, drawing moisture from the air into the top layer of the skin. Consequently, a surge in cosmetics demand will fuel the expansion of the humectants market. The International Trade Administration, an agency of the U.S. Department of Commerce that champions the export of nonagricultural U.S. goods and services, reported in July 2022 that the Canadian cosmetics market amassed an approximate USD 1.24 billion in 2021. Predicted annual growth of 1.45% is expected to increase revenue to USD 1.8 billion by 2024. Thus, the increasing demand for cosmetics acts as a catalyst for the humectant market's growth.
Which Companies Hold the Largest Share Across Different Humectants Market Segments?
Major companies operating in the humectants market include Ashland Global Holdings Inc., Barentz International BV, Brenntag SE, Cargill Incorporated, DuPont Tate & Lyle Bio Products Company LLC, Ingredion Incorporated, Corbion N.V, The Lubrizol Corporation, Vantage Specialty Chemicals Inc., VMP Chemiekontor GmbH, Lipo Chemicals Inc., Ederma Pharma India Private Limited., 5M Biotech India, Roquette Frères Ltd., Xena International Inc., Archer Daniels Midland Company, BASF SE, DuPont de Nemours Inc., Croda International plc, Wacker Chemie AG, Akzo Nobel N.V., Clariant AG, Eastman Chemical Company, Solvay S.A., Evonik Industries AG, PPG Industries Inc., Stepan Company, Huntsman Corporation, Glanbia plc, Galaxy Surfactants Ltd.
What Trends Are Driving Growth in The Humectants Market?
The growing emphasis on innovation is a notable trend in the humectants market that is becoming increasingly popular. As a strategy to maintain their market standing, businesses in the humectant market are centering their efforts on innovation. For example, in 2022, Nexus Ingredient, a company from the UK that specializes in developing and marketing a range of products such as humectants, binders, natural preservatives, fibers, and natural emulsifiers/stabilizers, introduced MoistPlus Syrup to the market. This is an entirely natural humectant syrup made from cassava root and is free from gluten, dairy, allergens, fructose, and grains. MoistPlus syrup offers unparalleled performance in humectant properties, managing water absorption, humidity control, visual appeal, prolonging shelf-life, maintaining product purity and integrity, boosting yields, and providing organic colorant.
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What Are the Emerging Geographies for The Humectants Market Growth?
North America was the largest region in the humectants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global humectants market during the forecast period. The regions covered in the humectants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Humectants Market?
2. What is the CAGR expected in the Humectants Market?
3. What Are the Key Innovations Transforming the Humectants Industry?
4. Which Region Is Leading the Humectants Market?
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