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The global Cosmetic Grade Ethylene Glycol Monostearate market size was estimated at USD 159 million in 2023 and is projected to reach USD 264.10 million by 2032, exhibiting a CAGR of 5.80% during the forecast period.
North America Cosmetic Grade Ethylene Glycol Monostearate market size was estimated at USD 45.65 million in 2023, at a CAGR of 4.97% during the forecast period of 2024 through 2032.
Ethylene Glycol Monostearate known as EGMS is most commonly used as opacifier, emulsifier and emollient in cosmetic and pharmaceutical formulations. It provides pearlescent effects in shampoos and liquid soaps and is ideal for low-solids content formulations.
This report provides comprehensive analysis of the cosmetic grade ethylene glycol monostearate market including market size, competitive landscape, key trends, and growth drivers.
Market Segmentation
By Application
- Personal Care Products (Shampoos, Lotions, Creams)
- Cosmetics
- Pharmaceuticals
By Purity
- Above 99% Purity
- Below 99% Purity
Key Market Players
- Solvay
- Croda International
- BASF
- Lonza
- Galaxy Surfactants
- Italmatch Chemicals
- Innospec
Market Trends
- Growing demand for natural and organic cosmetic ingredients
- Increasing preference for multifunctional ingredients
- Rising demand in emerging markets
- Technological advancements in production processes
Regional Analysis
Asia Pacific dominates the market with the highest growth rate, driven by expanding cosmetics industry in China, Japan and South Korea.
North America and Europe remain significant markets due to high demand for premium cosmetic products.
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