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LATAM cosmetic preservatives market is moderately consolidated with major players including
Market participants in the LATAM cosmetic preservatives industry are taking strategic initiatives including capacity expansions, new product launches, partnerships & collaborations and mergers & acquisitions. For instance, In November 2018, Dow Chemical Company added bio based preservatives to its product portfolio. These bio-based product are incorporated with ethyl lauroyl arginate (ELA) which is an intellectual property that is owned by Lamirsa, a Spain based company for utilization in cosmetics.
In May 2018, LANXESS introduced new solbrol preservatives for cosmetics protection. Solbrol FFA is a preservative-free fruit acid blend that is highly effective against both bacteria and fungi. This GMO-free product is designed for oral care, hair care, skin care, and for both leave-on and rinse-off applications.
In October 2018, MINASOLVE released A-LEEN Aroma-3 and E-LEEN Green A. These are new alternatives for preserving the quality of cosmetic products.