What is Cosmetic Mineral Oil?
Cosmetic mineral oil is the oil used in personal care products such as moisturizers, cleanser, creams, lipsticks, and various other cosmetic products. The mineral oil used in cosmetics products is purified mineral extracted from refining petroleum. The mineral oil is an odorless and clear liquid with the common ingredients used in the range of cosmetics products. It is basically used in cosmetics as an emulsifier, rheology modifier, thickening, stabilizing, etc.
The market study is broken down, by Application (Skin Care Oil, Lipstick, Moisturizer and Others) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Beiersdorf AG (Germany), Dow Inc. (United States), Maverik Oil (Australia), Trulux Pty Ltd. (Australia), Gemma Vendetta (Australia), Petro Canada (Suncor Energy) (Canada), Eastman Chemical Company (Solutia Inc.) (United States), BASF SE (Germany) and RJ Mineral Cosmetics (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cosmetic Mineral Oil market by Type, Application and Region.
On the basis of geography, the market of Cosmetic Mineral Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Emulsifying Polymer will boost the Cosmetic Mineral Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Cosmetic Mineral Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mineral Oil, the sub-segment i.e. Petrolatum will boost the Cosmetic Mineral Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Mineral oil is an inert, chemically stable ingredient, with a long history of safe use in common topical applications. FDA permits the use of mineral oil as an active ingredient in some over-the-counter (OTC) drug product categories, including anorectal drugs, skin protectants, and ophthalmic moisturizers. In addition, the FDA regulates mineral oil as a multipurpose direct food additive with specific purposes, such as in the manufacture of yeast used to make bread or to keep dust from adhering to some grains. The Cosmetic Ingredient Review (CIR), an independent expert scientific panel established by the Personal Care Products Council, also has evaluated the scientific data and concluded that mineral oil is safe for use as a cosmetic ingredient at the current concentrations of use."
Market Trend
- Increasing Demand for the Natural and Organic Mineral Oil Rich Cosmetic Products
Market Drivers
- Rising Cosmetics Industry in Various Regions
- Need for Healthy Oil for Skin and Personal Care Application
Opportunities
- Availability of Cosmetic Mineral Oil in Online Platform
- Surging Demand for the Cosmetic Mineral Oil from Young Adults
Restraints
- Allergy-Related Problems with the Cosmetic Mineral Oil
Challenges
- Emerging New Entrants in Cosmetic Mineral Oil Market with Counterfeit Products
Key Target Audience
Cosmetic Mineral Oil Manufacturers, Cosmetic Mineral Oil International Traders, Cosmetic Mineral Oil Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.