Clariant takes over Süd-Chemie

• Publisher: Elsevier Science
• Year: 2011
• Weight: 51 KB
• Volume: 2011
• Category: Article
• ISSN: 1351-4210
• DOI: 10.1016/s1351-4210(11)70188-3

✦ Synopsis

Chinese cosmetics market growth

The booming sectors of luxury brands and mass-market brands are driving growth of the Chinese cosmetics market, which is expanding at a rate of more than 10%/y and valued currently at an estimated Yen 1.3 trillion ($16 bn), keeping pace with Japan's. The total value includes Yen 65 bn, or 5%, from cosmetics ingredients sales. Great (Zhangjiagang) Chemicals is one of China's key cosmetics ingredients suppliers, offering plantbased surfactants for personal care products applications. It is bolstering promotion of its products like cetearyl alcohol, cetearyl glucoside and sodium lauroyl glutamate. Several US-based companies are also tapping into the burgeoning Chinese cosmetics market, with new product launches such as the 100%active, silicone-resin based filmforming agent MQ-1640 from Dow Corning.