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Cosmetic Pigments Market Share

Report ID: GMI3531
Published Date: Sep 2020
Report Format: PDF

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Cosmetic Pigments Market Share

Key players operating in the cosmetic pigments industry are

Sun Chemicals
Kobo Products
BASF
Sudarshan Chemical
Sensient Cosmetic Technologies
Geotech
Huntsman
Merck Performance
Clariant LANXESS
Chem India Pigments
Eckart
Li Pigments
Dayglo Color
Koel Colours

The market may witness consolidation in the form of acquisitions & joint ventures, and mergers which may strengthen product portfolio and augment share for global cosmetic pigments market. Besides players are also investing in research and development activities to develop better quality products and sustain their position in the market.

In November 2019, BASF announced that Colors & Effects, BASF’s brand focused on pigments, sources 100% of its natural mica flake demand for the production of effect pigments which are required for the Coatings, Plastics, Printing and Cosmetic industries from their own mica mine in the U.S.A. This strategic sourcing would enable the company to reduce its dependence on other raw material suppliers and contribute to sustainable growth of its pigments segment.

In August 2019, Sun Chemical, a subsidiary of the DIC Corporation entered into a definitive agreement with BASF to acquire the company’s Colors & Effects global pigments business. This strategic acquisition would enable the company to further strengthen its position in the cosmetic pigments market forecast.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

In 2019, the global cosmetic pigments market size was worth USD 700 million and may depict 6.5% CAGR through 2026.

Organic cosmetic pigments in 2019, was worth USD 470.8 Million & may exhibit appreciable growth due to changing consumer preferences toward using dark and vivid colors.

In 2019, Europe held 35% of the global cosmetic pigments industry share and may exhibit commendable traction due to rising awareness on personal grooming and global trends such as individualization and digitization.

Eye makeup products help to take good care of eyes, boost confidence, and complement overall looks. The segment may cross USD 102.1 million by 2026.

Blushers help to provide a natural glow to the skin and add contours to the face as well. Global cosmetic pigments market size from blusher applications may depict 4% CAGR through 2026.

Surface treated cosmetic pigments was worth USD 200 million in 2019 and may exhibit 4.5% CAGR through 2026, due to the fact that it delivers better stability and wearability.