Press Release

United States Cosmetic Chemicals Market to Grow with a CAGR of 5.70% through 2028

Policies and initiatives taken by the government related to production of cosmetic chemicals are the major drivers for the United States Cosmetic Chemicals Market.


According to TechSci Research report, “United States Cosmetic Chemicals Market –Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, the United States Cosmetic Chemicals Market stood at USD 5.63 billion in 2022 and is anticipated to grow with a CAGR of 5.70% % through 2028. This can be ascribed to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market.

The geriatric population, composed of individuals aged 65 and older, is on the rise in the United States. According to the U.S. Census Bureau, by the year 2050, the number of Americans aged 65 and older is projected to nearly double, reaching over 83 million people. According to the report published by United States Census Bureau in 2023, it has been observed that around 23.4% people in United States are above 60 years of age, followed by 20.7% of people aged above 62 years, 16.8% of people above 65 years, 6.7% of people above 75 years of age and so on. The increasing demand for specialized cosmetic products tailored to older individuals presents substantial opportunities for cosmetic chemical manufacturers. Ingredients like hyaluronic acid, retinol, peptides, and various vitamins have gained prominence due to their potential to rejuvenate and revitalize aging skin. Cosmetic chemical manufacturers are capitalizing on this demographic shift by developing cutting-edge products that cater to the unique needs and desires of older consumers.


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As the perception of aging evolves, the cosmetic chemicals market is poised for continued growth, driven by advancements in research, formulation, and marketing strategies that empower older individuals to embrace their beauty and confidence. As consumer preferences and demands continue to evolve, the government has recognized the importance of fostering innovation, ensuring safety, and promoting sustainable practices in the production of cosmetic chemicals. To address these concerns, the United States Food and Drug Administration (FDA) plays a pivotal role in regulating cosmetic chemicals. The FDA's rigorous evaluation processes, such as pre-market approval and ingredient testing, help to ensure that cosmetic chemicals meet stringent safety standards before they reach the market. The U.S. government has recognized this need and has introduced initiatives that encourage the development and utilization of sustainable and environmentally friendly cosmetic chemicals. Moreover, the U.S. government has allocated funding for research and development (R&D) programs aimed at advancing the science and technology of cosmetic chemicals. These programs stimulate collaboration between academia, industry, and government agencies to drive innovation and develop new, cutting-edge cosmetic ingredients. One of the most impactful approaches employed by leading companies to drive growth in the cosmetic chemicals market is through collaborative research and development efforts. By leveraging pooled resources, expertise, and knowledge, companies can address complex scientific challenges, discover novel ingredients, and develop state-of-the-art formulations that cater to evolving consumer preferences.

Collaborative R&D initiatives often yield the creation of innovative, high-performance cosmetic chemicals that are incorporated into a wide array of products, ranging from anti-aging serums to eco-friendly sunscreens. For instance, the Fragrance Creators Association has established collaborations with regulatory bodies, such as California regulators, to enhance ingredient transparency and accurate implementation of regulations in the fragrance industry. These collaborations aim to ensure the safety and compliance of fragrance ingredients used in cosmetic products.

However, disruptions in supply chain and rising cost of research and development related to cosmetic chemicals are expected to slow down the growth of the market in the coming years.

The United States Cosmetic Chemicals Market segmentation is based on Type, Application, By Company, and Region.

Some of the major companies operating in the United States Cosmetic Chemicals Market include:

·         BASF Corporation

·         The Dow Chemical Company

·         Stepan Company

·         AkzoNobel Surface Chemistry LLC

·         Croda, Inc.

·         Clariant Corporation

·         Solvay USA, Inc.

·         Evonik Corporation

·         Ashland, Inc.

·         Wacker Chemicals Corporation


“Certain regions of United States, particularly the Midwest region, are projected to exert significant demand for cosmetic chemicals. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhancing their productivity of cosmetic chemicals each year, are expected to contribute to a remarkable growth of the United States Cosmetic Chemicals Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.


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United States Cosmetic Chemicals Market, By Type (Emollients & Moisturizers, Surfactants, Specialty Additives, Thickening Agents, and Others), By Application (Skin Care, Hair Care, Color Cosmetics, Toiletries, Oral Care, Nail Care and Others), By Region, and Competition, Forecast and Opportunities, 2028F has evaluated the future growth potential of United States Cosmetic Chemicals Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Cosmetic Chemicals Market


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