Market News
Global Homecare Ingredients Market: Key Developments
- In March 2021, BASF entered into a global agreement with Allied Carbon Solutions Co. Ltd. and Hollier Ltd. in order to expand its presence in the global market for biological surfactants
- In January 2023, Evonik announced the launch of its new homecare ingredient, Purapeutics, which is designed to provide skin protection and care. Purapeutics is based on a natural ingredient called squalene, which is found in the human skin.
- In February 2023, Dow announced the acquisition of Corbion, a leading supplier of bio-based ingredients for the food, beverage, and homecare industries. The acquisition will help Dow expand its portfolio of homecare ingredients and to meet the growing demand for sustainable products.
- In March 2023, Clariant launched its new line of natural and sustainable homecare ingredients called Clariant Naturals. The line includes a variety of emulsifiers, and preservatives, that are derived from natural sources.