According to IMARC Group latest report titled “Emollient Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on emollient market research report. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global brazed plate heat exchangers market size reached US$ 1,034.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,650.6 Million by 2032, exhibiting a growth rate (CAGR) of 5.32% during 2024-2032.

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Factors Affecting the Growth of the Emollient Industry:

• Increasing Demand for Personal Care and Cosmetic Products:

The expanding demand for personal care and cosmetic products across the globe, is one of the major factors bolstering the market growth. Moreover, the rising consumer awareness regarding skin health and the benefits of using personal care products is providing a thrust to the market growth. In line with this, the rising application of emollients as essential ingredients in moisturizers, lotions, and creams to make the skin soft and smooth by reducing water loss and covering it with a protective film is enhancing the market growth. Besides this, the ongoing shift in consumer preferences towards premium skincare products, along with an increase in disposable income, is propelling the market growth.

• Rapid Technological Advancements and Innovation in Product Formulation:

The development of novel emollients that offer superior sensory properties, enhanced stability, and improved compatibility with other cosmetic ingredients to meet the evolving demand of consumers and manufacturers is fostering the market growth. Moreover, the increasing product utilization in the creation of non-greasy, lightweight formulations that appeal to consumers who are looking for comfortable and long-lasting skin hydration is stimulating the market growth. Additionally, the rising demand for natural and sustainable ingredients, leading to the exploration and incorporation of plant-based and bio-derived emollients, is acting as a growth-inducing factor. Along with this, the introduction of multifunctional emollients, which moisturize the skin and deliver additional benefits, such as anti-aging, anti-inflammatory, and skin barrier repair effects, is bolstering the market growth.

• Rising Regulatory Support and Consumer Awareness towards Safe Ingredients:

The imposition of several regulations that support the use of safe and non-irritating ingredients in cosmetic and personal care products is positively influencing the market growth. In line with this, the introduction of stringent standards and guidelines to ensure the safety and efficacy of emollients used in skincare formulations, driving manufacturers to invest in the development of high-quality, compliant emollient products, is favoring the market growth. Furthermore, the growing consumer awareness regarding the safety of cosmetic ingredients, driven by access to information and a heightened concern for health and wellness, is providing an impetus to the market growth. Moreover, the ongoing shift in consumer behavior that encourages brands to be more transparent about their product formulations and to prioritize the use of safe emollients that contribute to the overall product quality is catalyzing the market growth.

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Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players operating in the market.

• Alfa Laval AB
• API Heat Transfer Inc.
• Boyd Corporation
• Chart Industries Inc.
• Danfoss A/S
• Hisaka Works Ltd.
• HRS Heat Exchangers Limited (Exchanger Industries Limited)
• Kaori Heat Treatment Co. Ltd.
• Kelvion Holding GmbH
• Paul Mueller Company
• Swep International A.B. (Dover Corporation)
• Xylem Inc.

Emollient Market Report Segmentation:

Our report has categorized the market based on region, product type, form, and application.

By Product Type:

• Esters
• Fatty Alcohols
• Fatty Acids
• Ethers
• Silicones
• Others

Esters represented the largest segment due to their widespread use in personal care products for their excellent solubility, emollient properties, and ability to provide a silky, smooth texture without leaving a greasy residue.

By Form:

• Solid
• Liquid

Liquid accounted for the largest market share due to its ease of application, ability to form uniform mixtures with other cosmetic ingredients, and superior skin absorption qualities.

By Application:

• Skin Care
• Hair Care
• Deodorants
• Oral Care
• Others

Skin care represented the largest segment driven by the increasing consumer demand for moisturizing products that prevent dryness and enhance skin health, along with the rising awareness of the importance of routine skincare.

Regional Insights:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia Pacific's dominance in the emollient market is attributed to its large and growing population, rising disposable incomes, expanding awareness about personal care, and the increasing influence of beauty trends.

Global Emollient Market Trends:

The increasing incorporation of natural and organic emollients derived from plants and natural resources due to the growing consumer demand for clean, green, and sustainable beauty products is enhancing the market growth. Moreover, the growing product utilization that is sourced from exotic plants, fruits, and nuts, as they offer unique properties, such as enhanced hydration, anti-oxidation, and essential fatty acids beneficial for skin health, is fostering the market growth. Furthermore, the increasing digital transformation and the rise of e-commerce platforms that make it easier for brands to reach consumers, offer tailored products and enhance customer engagement through personalized experiences are strengthening the market growth. 

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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