Research And Markets - Global Cosmetic Pigments Market 2016-2026: Sun Chemicals, Sensient Cosmetic Technologies, Sudarshan Chemical Industries, EMD Performance Materials & Kobo Products Lead The $11.57 Billion Industry
DUBLIN, Dec 1, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Cosmetic Pigments Market by Elemental Composition (Inorganic, and Organic), Technology (Pigment Dispersion and Surface Treatment), Type (Special Effect, Surface Treated, Nano, and Natural Colorant), Application - Global Forecast to 2026" report to their offering.
The global cosmetic pigments market, in terms of value, is projected to reach USD 11.57 Billion by 2021, at a CAGR of 7.2%, from 2016 to 2021. High-growth application in the cosmetics & personal care industry and rapid growth of the facial makeup and eye makeup products are the key factors driving the growth of the global cosmetic pigments market. Cosmetic pigments of superior quality are used to manufacture various cosmetic products such as lipsticks, eyeliners, nail polishes, hair coloring agents, and others. The facial make-up application is the largest in the global cosmetic pigments market. This application is projected to lead the cosmetic pigments market, in terms of value and volume, from 2016 to 2021. The increase in the demand for root make-up products, such as foundations and face powders is expected to drive this application. The inorganic pigments are expected to grow at the highest rate from 2016 to 2021. There is a growing demand for metal oxides such as titanium dioxide and iron oxide, due to their increasing use in the manufacture of various cosmetic products. The cosmetic pigments market is expected to be led by the special effect pigments type from 2016 to 2021. This is due to the rising demand for pearlescents and the rising application in the manufacture of various cosmetic products, which give it the luster and shine.