Cosmetic Pigments Market are composed of either organic or inorganic materials. The inorganic pigments are produced from coal tars and other chemicals whereas Organic Materials are manufactured from aromatic hydrocarbons. These pigments offer insolubility, waterproof resistance, and long-life nature to the product. Moreover, changing lifestyle and growing health, beauty concerns among men and women are the important trends and factors promoting the market positively. Therefore, they are used in various applications such as facial makeup, eye makeup, lip products, nail products, hair color products, and others.
Among the various segments in the Cosmetic Pigments Market, the Organic Pigments segment has witnessed a notable growth due to its boundless use in various applications such as dyes, lip products, and others. They are classified further as toners, lake colors and true pigments in cosmetics and healthcare industries. Additionally, they also impart cost-effective nature and improves the structural properties of the product. Therefore, the Organic Pigments are expected to continue its dominance in the market owing to its endless use in cosmetics industries over the forecast period.
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Key Players and Competition Analysis
Some of the prominent players operating in the Global Cosmetic Pigments Market are Sun Chemical Corporation (U.S.), Sensient Cosmetic Technologies (France), Merck KGaA (Germany), Sudarshan Chemical Industries Limited (India), Kobo Products Inc (U.S.), BASF SE (Germany), Clariant (Switzerland), Huntsman International LLC (U.S.), LANXESS (Germany), and Geotech International B.V. (the Netherlands) among others.
The Global Cosmetic Pigments Market is segmented into the composition, type, and application. On the basis of the composition, the market is segregated into organic and inorganic segments. The market by type is further categorized into special effect, surface treated, and nano segments. The market by application is further categorized into facial makeup, eye makeup, lip products, nail products, hair color products, and others.
The Cosmetic Pigments Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific region is set to grow at a higher CAGR in the market due to an increased consumption of organic pigments in facial make up, hair products, eye makeup pigment products, and others in cosmetics & personal care industries. The facial makes up segment holds the major portion and is anticipated to continue its dominance in the market due to growing production of blushers, face powder, mineral powder, and others. Therefore, countries such as China, Japan, and India are the major players in this market.
The North American region is growing significantly due to increasing demand for eyeshadows, lipsticks, eyeliners, and others. It is predicted that growing investments in the end-use industries is likely to drive the market during the forecast period. The growing consumption of the pigments in the cosmetics & personal care industries has propelled the growth in countries such as the U.S., Canada, and Mexico to achieve a stunning growth in the market because they provide excellent waterproof resistance, durable, and high standard performance to the product.
Browse the market data and information spread across 138 pages with 48 data tables and 13 figures of the report “Cosmetic Pigments Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/cosmetic-pigments-market-5048
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