Cosmetic Antioxidants Market – Global Forecast to 2023

[154 Pages Report] Cosmetic Antioxidants Market is projected to grow from USD 109.0 Million in 2017 to USD 150.9 Million by 2023, at a CAGR of 5.6% from 2018 to 2023.

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Key players operating in the cosmetic antioxidants market include BASF (Germany), Koninklijke DSM (Netherlands), Wacker Chemie (Germany), Eastman Chemical Company (US), Lonza Group (Switzerland), Croda International (UK), Ashland Global Holdings (US), Evonik Dr. Straetmans (Germany), SEPPIC (France), BTSA Biotecnologías Aplicadas (Spain), Kemin Industries (US), and Barentz International (Netherlands).

These players adopted various strategies such as new product launches and expansions to strengthen their position in the cosmetic antioxidants market.

BASF (Germany) focuses on expansions and new product launches to meet the increased demand for cosmetic antioxidants from consumers across the globe and enter the untapped markets. In October 2016, BASF constructed a new plant in Ludwigshafen, Germany for the production of Vitamin A. This expansion increased the total vitamin A production capacity by 1,500 metric tons. Vitamin A produced by BASF is widely used in the cosmetic industry. In January 2015, BASF launched a new anti-aging solution, Beautiful Faces, for face care in Europe. The new care solution targets the specific needs of customers and helps the company build a strong brand image. These new product launches helped BASF strengthen its position in the global cosmetic antioxidants market.

Koninklijke DSM (Royal DSM), is another leader in the cosmetic antioxidants market. It focuses on the strategy of acquisitions to attain a large share in the cosmetic antioxidants market. In March 2015, Royal DSM acquired Aland (HK) Holding Limited (China), a leading manufacturer of Vitamin C in China. The acquisition helped the company expand its global presence in the personal care industry. This strategy has strengthened the company’s position in the Vitamin C market.

 Key Target Audience

• Raw Material Manufacturers
• Cosmetic Antioxidants Formulators and Manufacturers
• Cosmetic and Personal Care Manufacturers
• Government and Research Organizations
• Associations and Industrial Bodies
• Research and Consulting Firms
• Environment Support Agencies
• Investment Banks and Private Equity Firms

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