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Revenue Rising in Personal Care Ingredients Market

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Between skin care and hair growth, the personal care ingredients market is projected to reach $17.6 billion by 2020, according to a statement from MarketsandMarkets.

Additionally, the compound annual growth rate (CAGR) is expected to rise 5.4% between 2015 and 2020.

One type of personal care ingredients is conditioning polymers, which is mostly used in hair care products. With a growing demand for hair styling and conditioning products, conditioning polymers are expected to grow 7.3% from 2015 to 2020.

Due to an increasing demand for multi-functional ingredients, skin care is growing to become the largest application for the personal care ingredients market.

The statement shares insight on the report, “Personal Care Ingredients Market by Type (Surfactants, Conditioning Polymers, Emollients, Rheology Modifiers and Others) and by Application (Skin Care, Hair Care, Oral Care and Others) - Global Trends & Forecasts to 2020,” which categorizes the global market in terms of revenues and analyzing trends in each sub market based on:

• Type: surfactants, conditioning polymers, emollients and rheology control agents;

• Application: skin care, hair care and oral care and

• Region: Europe, North America, Asia-Pacific and the rest of the world.