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Explore How Kline Serves the Specialty Chemicals Sector Thank you for joining us the 17th Annual GPCA forum. For more information on Kline and what we can offer please click here to download the brochure. STAY INFORMED WITH RELATED REPORTS Industrial Surfactants: Global Market Analysis and Opportunities Industrial Esters: Market Analysis and Opportunities Home
Specialty ingredients represent the largest growth potential within the personal care ingredients business, and both China and India are expected to be the fastest-growing markets for the specialty actives industry by a large margin between 2022 and 2027.
Electrification is creating new opportunities for EV lubricant and other fluids suppliers in terms of growth, value, and customization. Several factors are driving the progression of EVs, which incentivize purchases and stimulate the establishment of the necessary ecosystem.
China and Japan are the cornerstone markets for professional beauty in Asia. Professional hair, skin, and nail products—which were traditionally found in salons, beauty institutes, and aesthetic physicians’ offices in China—have successfully found new avenues in brick-and-mortar stores, e-commerce outlets, and live streaming platforms, such as Douyin. This shift is not as strong as that in Japan, where the market is much more conservative, and brands are cautious about expanding beyond professional channels.
Demand for I&I cleaning products inevitably surged with the rise of the COVID-19 pandemic. According to our research, the frequency of sanitizing and disinfecting surfaces in 2022 reached 63% due to increased health concerns of facility managers.
The total size of the U.S. market for wipes was estimated at ~$1.4 billion in 2021. The ease of use and convenience of wipes will contribute to future growth across all end-use segments, mostly in general-purpose and disinfecting and sanitizing wipes.
Biostimulants are booming: According to our research, overall sales grew by a CAGR of 9% in 2019-2022 to reach over $2 billion. The U.S. market accounts for more than one-quarter of the global market.
Home and body fragrances came together to generate upwards of $20 billion in retail sales last year, according to our just-published Cosmetics & Toiletries USA and Home Fragrances USA reports.
Global sales of biopesticides were estimated at a whopping USD 3.0 billion in 2022, with the United States dominating the market by far.
Haircare applications represent a key segment within the global ingredients market, with a whopping value of more than USD 27 billion; specialty ingredients for haircare account for a market of approximately USD 7.5 billion.
