PEARLIZING AGENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In 2024, Clariant successfully completed the acquisition of Lucas Meyer Cosmetics, a prominent provider of high-value ingredients for the cosmetics and personal care industry. This strategic move enhanced Clariant's position in the beauty and personal care market, allowing the company to expand its portfolio of innovative and sustainable solutions.
• In 2023, Clariant, global specialty chemicals company completed the acquisition of the remaining 70% stake in Beraca, a Brazil-based specialty company known for its high-quality ingredients in the personal care sector. This strategic move allowed Clariant to seize full control of Beraca, enhancing its capabilities and market presence in the Latin American cosmetics and personal care industry.
• In 2022, BASF launched Euperlan NL Pearl, marking a significant advancement in the cosmetic ingredient market as the first COSMOS-compliant, wax-based pearlizer specifically designed for rinse-off applications. This innovative product is aimed at formulators looking to enhance the aesthetic appeal of their personal care products while adhering to natural and organic standards.
• In 2022, Clariant, global specialty chemicals company successfully completed the acquisition of BASF’s U.S. Attapulgite business assets, a strategic move that enhanced Clariant's portfolio in the area of specialty minerals. This acquisition allowed Clariant to strengthen its position in the market for high-performance materials used in various applications, including personal care, pharmaceuticals, and industrial products.