Lucintel's latest market report analyzed that cosmetics grade caprylyl glycol provides attractive opportunities in the beauty and personal care products. The cosmetics grade caprylyl glycol market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, skin conditioning is the largest segment by end use.
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Based on end use, the cosmetics grade caprylyl glycol market is segmented into skin conditioning, hair conditioning, and others. The skin conditioning segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the rising concern among the population regarding their appearance and skin nourishment leading the demand for cosmetics grade caprylyl glycol in skin care products.
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The Cosmetics Grade Caprylyl Glycol Market is marked by the presence of several big and small players. Some of the prominent players offering cosmetics grade caprylyl glycol include BASF, Archer Daniels Midland, Dow, Temix International, Huntsman Corporation, and LyondellBasell Industries.
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