Cosmetic Chemicals Market, by Product Type (Single-use Additives, Moisturizers, Thickening Agents, Surfactants, and Others), by Application (Skin Care, Hair Care, Perfumes and Fragrances, Color Cosmetics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028
Various companies are focused on strategies such as mergers and acquisitions in order to enhance their customer base and increase their presence in the global market. For instance, in Feb 2020, Knowlton Development Corporation, a Canadian provider of beauty, personal care and household products, announced acquisition of a Chinese colour cosmetic products maker - Shanghai Paristy Daily Chemicals.
In December 2019, Knowlton Development Corporation (KDC/ONE), provider of beauty, personal care and household products, had partnered with HCT Group in order to create a global end-to-end solutions provider for the personal care & beauty industry. HCT Group is a global leader in providing full-service solutions of cosmetics products in terms of manufacturing, design, filling, formulation, and logistics.
Various companies participates in different events and exhibitions in order to promote their product portfolio and enhance customer base. For instance, in March 2017, Solvay, a multi-specialty chemical company, had attended In-Cosmetics London 2017 to showcase the company’s industry-leading specialty Skin, Hair, and Body care formulations