The Global Raw Materials for Personal Care Market was valued at USD 11,030 Million in 2025 and is projected to reach USD 14,840 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2026–2034). This robust growth trajectory is driven by increasing consumer demand for premium and multifunctional personal care products, a rising focus on health, hygiene, and sustainability, and stringent regulatory standards shaping ingredient innovation.

As the industry pivots towards natural, bio-based, and high-performance ingredients, the companies supplying these crucial raw materials are at the forefront of innovation. In this blog, we profile the Top 10 Companies in the Raw Materials for Personal Care Industry—a blend of global chemical giants, specialty ingredient manufacturers, and biotechnology pioneers defining the future of beauty and wellness formulations.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Emollients, Surfactants, UV Filters, Active Ingredients, Polymers

BASF stands as a global powerhouse in the personal care ingredients market, offering one of the industry’s most comprehensive portfolios. Their Care Creations® segment provides tailored solutions for skin care, hair care, and oral care, emphasizing sustainability through its dedicated bio-based and biodegradable ingredient lines.

Sustainability & Innovation Initiatives:

• Ambitious carbon neutrality targets for 2050

• Development of certified natural and organic ingredients

• Significant R&D investment in green chemistry and biotechnological processes

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9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Rheology Modifiers, Emulsifiers, Surfactants, Conditioning Polymers

Dow’s Consumer Solutions division is a leading supplier of high-performance ingredients that enhance the texture, stability, and sensory appeal of personal care products. Their technologies are critical in formulating everything from luxurious creams and lotions to effective hair styling products.

Sustainability & Innovation Initiatives:

• Commitment to circular economy principles with recycled and bio-based feedstocks

• Launch of ECOLLECTION™ primers featuring sustainable aesthetics

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8️⃣ 3. Croda International Plc

Headquarters: Snaith, East Yorkshire, United Kingdom
Key Offering: Specialty Actives, Emollients, Surfactants, Bio-based Ingredients

Croda is renowned for its customer-centric innovation and leadership in sustainable ingredients. A significant portion of its portfolio is derived from natural, renewable sources, aligning with the brand’s “75% of Innovation Sales from Sustainable Solutions” target.

Sustainability & Innovation Initiatives:

• Pioneer in plant-based and biodegradable ingredients

• Strategic acquisitions to bolster its sustainable and active ingredient offerings

• Official commitment to be Climate, Land, and People Positive by 2030

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7️⃣ 4. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Specialty Surfactants, Biopolymers, Active Ingredients, Lipid Systems

Evonik’s Care Solutions business line excels in creating innovative active ingredients and delivery systems for advanced skin and hair care. Their focus on science-backed solutions positions them as a key partner for brands developing high-efficacy products.

Sustainability & Innovation Initiatives:

• Strong investment in biotechnology for producing sustainable specialty ingredients

• Development of green and mild surfactants for sensitive skin formulations

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6️⃣ 5. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: Guar Derivatives, Surfactants, Conditioning Agents, Polymers

Solvay’s Novecare division is a global leader in guar-based ingredients and specialty polymers essential for texture and performance in hair and skin care products. Their solutions are known for enhancing product stability and providing unique sensory benefits.

Sustainability & Innovation Initiatives:

• Implementation of the Solvay One Planet sustainability framework

• Focus on bio-sourced and biodegradable product lines like Mirataine® and Jaguar®

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5️⃣ 6. Clariant AG

Headquarters: Muttenz, Switzerland
Key Offering: Emollients, Preservatives, Surfactants, Active Ingredients

Clariant’s Business Unit Care Chemicals provides a wide array of ingredients focused on natural origin and sustainability, encapsulated under its EcoTain® label for products that excel in both performance and sustainability.

Sustainability & Innovation Initiatives:

• Leader in sugar-based and coconut oil-derived surfactants

• Commitment to offering 100% bio-based carbon indexes for key product lines

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4️⃣ 7. Givaudan SA

Headquarters: Vernier, Switzerland
Key Offering: Active Beauty Ingredients, Fragrances, Sensory Enhancers

While renowned for fragrances, Givaudan’s Active Beauty division is a major force in high-performance active ingredients sourced from nature, such as plant cells and fermentation-derived compounds, targeting anti-aging, protection, and wellness.

Sustainability & Innovation Initiatives:

• Leadership in sustainable sourcing through its Givaudan Harmony program

• Extensive use of green biotechnology for ingredient production

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3️⃣ 8. Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: Conditioning Polymers, Rheology Modifiers, Emulsifiers, Skin Care Actives

Lubrizol’s Advanced Materials segment offers crucial polymer technologies that define the performance of hair gels, conditioners, and sunscreens. Their Carbopol® polymers are industry standards for viscosity control and stabilization.

Sustainability & Innovation Initiatives:

• Development of biodegradable and natural-derived polymers

• Investment in water-soluble and environmentally friendly formulation aids

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2️⃣ 9. Ashland Global Holdings Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Cellulose-based Polymers, Conditioning Agents, Emollients, Film Formers

Ashland provides specialty additives that are fundamental to product feel, hold, and functionality. Their Naturals® platform highlights ingredients derived from renewable resources, catering to the clean beauty movement.

Sustainability & Innovation Initiatives:

• Expansion of bio-functional and nature-derived ingredient portfolio

• Commitment to sustainable sourcing and environmentally preferable products

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1️⃣ 10. Lonza Group AG

Headquarters: Basel, Switzerland
Key Offering: Preservatives, Active Ingredients, Delivery Systems, Microbial Controls

Lonza is a critical supplier of preservation and protection systems, ensuring the safety and shelf-life of personal care products globally. Their broad portfolio also includes high-purity actives for skin care efficacy.

Sustainability & Innovation Initiatives:

• Innovation in mild and globally approved preservation systems

• Development of multifunctional ingredients that reduce formulation complexity

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🌍 Outlook: The Future of Personal Care Ingredients is Natural, Sustainable, and Smart

The raw materials for personal care market is experiencing a paradigm shift. While synthetic ingredients remain vital for performance and stability, the industry is heavily investing in bio-based alternatives, green chemistry, and smart multifunctional ingredients that cater to evolving consumer values.

📈 Key Trends Shaping the Market:

• Accelerated demand for ingredients with natural, organic, and “clean” certifications

• Rise of biotech-derived actives (fermentation, plant cell culture) for high efficacy and sustainability

• Growing importance of multifunctional ingredients that simplify labels and enhance formulation efficiency

• Increased regulatory scrutiny driving innovation in safe and eco-friendly alternatives, particularly for preservatives and surfactants

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The companies profiled above are not just suppliers; they are strategic innovation partners enabling brands to create the next generation of safe, effective, and sustainable personal care products that consumers demand.