Cosmetic pigments market was valued at over US$ 500.0 Mn in 2018 and is anticipated to grow at a CAGR of 7.1% from 2019 to 2030.
Growing cosmetic industry is the prime factor driving the market growth. Also, improving lifestyle and rise in purchasing power of the consumer is another factor propelling the market growth. Moreover, shift in trend towards organic and natural ingredients offers huge traction towards the market growth.
Major Key Players of the Cosmetic Pigments Market are:
BASF, Huntsman, Sensient Cosmetic Technologies, Kobo Products, Merck Performance Materials, Clariant and LANXESS are some of the dominant players present in this market.
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