Technavio Announces Top Five Vendors in the Global Personal Care Market Until 2020

LONDON–(BUSINESS WIRE)–$ASH #ConsumerandRetailTechnavio
has announced the top five leading vendors for the global
personal care market
in their latest research report.
This report also lists 13 other prominent vendors who are expected to
contribute to this market’s growth over the forecast period.

To identify the top vendors, Technavio’s market research analysts have
considered the top contributors to the overall revenue of this market.
To calculate the market size, Technavio researchers have considered the
revenue generated from the sales of specialty ingredients (including
active and inactive ingredients) used in personal care products.

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“Over the past decade, major product innovations have been made in the
skin care and hair care product segments. With the increased number of
personal care product launches, the demand for personal care ingredients
has simultaneously increased. To cater to this growing demand, the
market is seeing an influx of improved-quality personal care
ingredients,” said Abhay Singh, one of Technavio’s lead analysts for cosmetics
and toiletry

Top five leading vendors in the global personal care market:


Ashland was founded in 1924 and is headquartered in Covington, Kentucky,
US. It is a specialty chemical company that provides products, services,
and solutions to serve diversified markets. Its end-markets include the
architectural coatings, automotive, construction, energy, food and
beverage, personal care, and pharmaceutical industries.

Ashland established its presence in the global personal care ingredients
market with a wide range of water and organo-soluble polymers, natural
hydrocolloids, cellulose ethers, and resins. The company’s products are
proven safe for both liquid and semi-solid end applications. Each of its
polymers has INCI (International Nomenclature of Cosmetic Ingredients)
names as defined in the International Cosmetic Ingredient Dictionary &
Handbook, published by the Cosmetic, Toiletry, and Fragrance Association.


BASF was founded in April 1865 and is headquartered in Ludwigshafen,
Germany. It is a chemical company that offers a wide variety of products
such as chemicals, plastics, performance and crop protection products,
and oil and gas.

As of December 2014, the company had 113,292 employees, generated
revenue of close to USD 98.8 billion, and spent USD 2.5 billion on R&D.
During the same year, the company filed for 1,200 new patents and has a
pipeline of 3,000 projects. BASF operates through 353 production sites
and six Verbund sites worldwide.

BASF established its presence in the global personal care ingredients
market with its offerings through its performance products segment. This
segment consists of nutrition and health, dispersion and pigments, paper
chemicals, care chemicals, and performance chemical sub-segments. Under
the care chemicals sub-segment, the company offers personal care
ingredients. It offers a wide range of products such as surfactants,
polymers, cosmetic active ingredients, emulsifiers, UV filters,
thickeners, pigments, and lipid layer enhancers.

Croda International

Founded in 1925, Croda International is headquartered in Snaith, East
Yorkshire, UK. It manufactures and markets specialty chemicals and has
more than 3,600 employees and 18 manufacturing sites in more than 50

Croda International established its presence in the global personal care
ingredients market with offerings that include specialty ingredients. It
offers a wide product range with innovative solutions, and these
products are supported by proven efficacy testing. Its personal care
ingredients are used in skin care, sun care, skin lightening,
self-tanning, hair care (including colorants, relaxers, and perms),
color cosmetics, deodorants, antiperspirants, bath and shower products,
depilatories, baby care, perfumes and fragrances, oral hygiene, and
men’s grooming products.

Dow Corning

Dow Corning was established in 1943 and is headquartered in Midland,
Michigan, US. The company manufactures and sells silicon-based materials
worldwide. They also offer polycrystalline silicon. Dow Corning provides
over 7,000 products and services through the Dow Corning and XIAMETER
brands and their products cater to industries such as electronics,
construction, automotive, textiles, and healthcare. In FY2014, the
company reported revenue of around USD 6.22 billion, as compared to USD
5.71 billion in FY2013.

Dow Corning established its presence in the global personal care
ingredients market with offerings through its beauty and personal care
segment. It offers approximately 152 products through this segment.


Founded in 1863, Solvay is headquartered in Brussels, Belgium. It is a
global chemical group that helps companies operating in various
industries (including consumer goods, automotive and aeronautics,
electrical and electronics, and energy) find and implement
value-creating solutions. It offers advanced formulations, advanced
materials, functional polymers, performance chemicals, and corporate and
business services.

Solvay established its presence in the global personal care ingredients
market with offerings through its personal care division. The company
offers its customers a wide range of high-performance personal care
solutions. The company also offers amines and surfactants, natural and
synthetic polymers, fragrances, and precipitated silica.

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About Technavio

is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
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research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.

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