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Cosmetic Oil Market Share

Report ID: GMI3982
Published Date: Nov 2024
Report Format: PDF

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Cosmetic Oil Market Share

Cosmetic Oil Market Company Share, (2024)

The competitive landscape in the cosmetic oil industry is shaped by major players like BASF SE, Cargill, Clariant AG, DoTERRA International, ExxonMobil, and Gandhar Oil Refinery. BASF SE and Clariant AG lead in innovative, high-quality cosmetic ingredients, offering sustainable and plant-based oils like argan and jojoba, capitalizing on the growing demand for clean beauty. Cargill provides raw materials with a focus on sustainable sourcing, catering to both local and international brands. DoTERRA International, known for its essential oils, dominates the market with premium, therapeutic-grade products favored by natural skincare enthusiasts.

ExxonMobil, while primarily a petrochemical giant, has ventured into the cosmetic oil space, focusing on advanced processing and specialty oils. Gandhar Oil Refinery, based in India, competes by offering a wide range of cost-effective, high-quality oils and leveraging strong distribution networks in emerging markets. These companies dominate through innovation, sustainability, and strategic market positioning, catering to the evolving consumer preferences for natural, high-performance oils.

Cosmetic Oil Market Companies

Major players operating in the cosmetic oil industry are:

ATDM
BASF SE
Cargill
Clariant AG
Do Terra International
ExxonMobil Corporation
Gandhar Oil Refinery India
Givaudan
Henry Lamotte Oil
Maverik Oils
Olvea Vegetables Oil
Petro Canada Lubricants
Renkert Oil
Sophim
Sonneborn
Symrise AG
Vigon International
Young Living

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for cosmetic oil was valued at USD 7 billion in 2024 and is estimated to reach USD 13 billion by 2034, driven by a CAGR of over 6.5% from 2025 to 2034.

The plant oil segment was valued at USD 3.2 billion in 2024 and is anticipated to grow at a CAGR of 6.6% from 2025 to 2034, driven by consumer preference for clean beauty products.

China's market was valued at USD 1.2 billion in 2024 and is projected to grow at a CAGR of 8% from 2025 to 2034, driven by the booming beauty and personal care industry.

Major players in the industry include ATDM, BASF SE, Cargill, Clariant AG, Do Terra International, ExxonMobil Corporation, Gandhar Oil Refinery India, Givaudan, Henry Lamotte Oil, and Maverik Oils.