The Global Raw Materials for Personal Care Market was valued at USD 11.03 Billion in 2025 and is projected to reach USD 14.84 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period. This growth is fueled by the rising global demand for cosmetic and personal care products, an increasing consumer preference for natural and sustainable ingredients, and continuous innovation in product formulations.
As the beauty and personal care industry evolves towards cleaner, more effective, and sustainable products, the foundational ingredients supplied by key market players are more critical than ever. In this blog, we profile the Top 10 Companies in the Raw Materials for Personal Care Industry—a mix of chemical giants, specialty ingredient innovators, and green chemistry pioneers powering the future of beauty formulations.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Emollients, Surfactants, UV Filters, Active Ingredients
BASF stands as a global leader in the supply of high-performance ingredients for the personal care industry. Its extensive portfolio caters to skin care, hair care, and oral care, with a strong focus on sustainability through its “Biosphere” balance approach for natural origin ingredients.
Sustainability Initiatives:
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Commitment to carbon-neutral growth by 2030
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Development of biodegradable and renewable raw materials
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Strategic partnerships for sustainable sourcing
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Raw Materials for Personal Care Market – View in Detailed Research Report
9️⃣ 2. Dow Inc.
Headquarters: Midland, Michigan, USA
Key Offering: Acrylates Polymers, Silicones, Biosurfactants
Dow provides a wide array of材料 used in hair styling, skin care, and color cosmetics. Its technology platforms, particularly in silicones and acrylics, are essential for creating advanced textures, film-forming properties, and sensory benefits in final products.
Sustainability Initiatives:
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Investing in bio-based and circular economy feedstocks
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Goals to reduce GHG emissions and advance a sustainable future
8️⃣ 3. Evonik Industries AG
Headquarters: Essen, Germany
Key Offering: Specialty Surfactants, Amino Acids, Lipid Systems
Evonik is a leading specialist in active cosmetic ingredients and delivery systems. Its focus on innovation in areas like sustainable surfactants and high-efficacy actives makes it a key partner for brands seeking scientific differentiation.
Sustainability Initiatives:
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Strong R&D in green and bio-based chemistry
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Ambitious targets for reducing environmental footprint
7️⃣ 4. Solvay SA
Headquarters: Brussels, Belgium
Key Offering: Guar Derivatives, Conditioning Agents, Specialty Polymers
Solvay offers a renowned portfolio of natural and synthetic polymers critical for hair and skin care formulations. Its expertise in guar-based ingredients and rheology modifiers is particularly valued in the market for natural positioning.
Sustainability Initiatives:
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Solvay One Planet sustainability framework with clear 2030 goals
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Focus on biodegradable and renewable ingredient solutions
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Raw Materials for Personal Care Market – View in Detailed Research Report
6️⃣ 5. Croda International Plc
Headquarters: Snaith, United Kingdom
Key Offering: Specialty Actives, Emollients, Encapsulation Technologies
Croda is celebrated for its high-purity, performance-led ingredients derived from natural sources. A significant portion of its portfolio is already bio-based, aligning perfectly with the clean beauty movement and demand for proven efficacy.
Sustainability Initiatives:
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Target of 75% of sales from sustainable, bio-based sources
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Commitment to a ‘Climate, Land & People Positive’ strategy by 2030
5️⃣ 6. 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 cosmetic actives. The company leverages biotechnology and natural sourcing to create innovative ingredients for skin and hair care with clinically proven results.
Sustainability Initiatives:
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Leadership in green chemistry and biotechnology
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Commitment to 100% renewable electricity and carbon-neutral operations
4️⃣ 7. Clariant AG
Headquarters: Muttenz, Switzerland
Key Offering: Emollients, Preservatives, Natural Origin Ingredients
Clariant’s Care Chemicals business provides a comprehensive range of personal care ingredients, with a growing emphasis on eco-friendly and mild solutions, such as its “EcoTain” labeled products that meet high sustainability and performance standards.
Sustainability Initiatives:
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Focus on bio-based and renewable carbon index
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Product portfolio transformation towards greater sustainability
3️⃣ 8. Lubrizol Corporation
Headquarters: Wickliffe, Ohio, USA
Key Offering: Conditioning Polymers, Rheology Modifiers, Film Formers
Lubrizol is a key supplier of advanced polymers that are essential for hair conditioning, styling, and skin care product performance. Its technologies enable long-lasting effects, vibrant color protection, and unique sensory experiences.
Sustainability Initiatives:
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Development of biodegradable polymers and sustainable sourcing initiatives
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Advancing solutions that reduce water and energy consumption in formulations
2️⃣ 9. Ashland Global Holdings Inc.
Headquarters: Wilmington, Delaware, USA
Key Offering: Hair Fixative Polymers, Cellulosics, Natural Thickeners
Ashland specializes in nature-derived and synthetic polymers that deliver functionality across hair, skin, and oral care. Its expertise in cellulosic derivatives and eco-conscious ingredients makes it a preferred partner for sustainable formulation.
Sustainability Initiatives:
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Commitment to sustainable innovation and transparent sourcing
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Growing portfolio of bio-based and readily biodegradable products
1️⃣ 10. Nouryon
Headquarters: Amsterdam, Netherlands
Key Offering: Specialty Surfactants, Bleaching Activators, Chelates
Nouryon is a global specialty chemicals leader, supplying essential ingredients for personal care, particularly in hair color and cleansing applications. Its innovative surfactant technologies are designed for performance and mildness.
Sustainability Initiatives:
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Expanding portfolio of green and sustainable product offerings
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Focus on reducing the environmental impact of its products and operations
Get Full Report Here:
Raw Materials for Personal Care Market – View in Detailed Research Report
🌍 Outlook: The Future of Personal Care Ingredients Is Sustainable and Smarter
The raw materials for personal care market is undergoing a profound evolution. While synthetic, high-performance ingredients remain vital, the industry is accelerating its investment in bio-based alternatives, green chemistry, and ingredient traceability.
📈 Key Trends Shaping the Market:
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Surge in demand for certified natural, organic, and upcycled ingredients
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Regulatory pressures phasing out certain synthetic chemicals, driving reformulation
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Digitalization and AI enabling faster ingredient discovery and personalized beauty solutions
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Brand-supplier collaborations for full supply chain transparency and sustainability
Get Full Report Here:
Raw Materials for Personal Care Market – View in Detailed Research Report
The companies listed above are not only supplying the building blocks of beauty—they’re pioneering the responsible and innovative future of personal care.
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