IHS Chemical Week

Markets :: Specialty Chemicals :: Personal Care

Cosmetics Demand Expected to Remain Healthy

10:32 PM MST | November 23, 2008 | Esther D’Amico with Lindsey Bewley

Several suppliers are continuing to invest in the cosmetics sector, one of the few specialty chemical end markets in which growth is forecast to rise at a healthy clip despite the economic downturn. U.S. demand for cosmetic and toiletry chemicals is expected to rise 5.8%, to $8.8 billion in 2012, says The Freedonia Group (Cleveland). Volume gains will remain strong overall, although they will be partly offset by use of higher-value ingredients that are more effective at lower loadings, Freedonia says. Continued gains in cosmeceutical skin care products and...

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