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The key highlights of the report include:
Market Overview (2015-2025)
• Forecast CAGR (2020-2025): 6%
• Forecast Market Size (2025): USD 519 Million
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Industry Definition and Major Segments
Ceramides are a category of lipid molecules that are waxy. A ceramide consists of a fatty acid and sphingosine. As they are component lipids that make up sphingomyelin, one of the most essential lipids in the lipid bilayer, ceramides can be present in high concentrations inside the cell membrane of eukaryotic cells.
Based on process, the market is segmented into:
By application, the industry is divided into:
• Cosmetics and Personal Care
The regional markets for ceramides include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
The market growth of ceramides is being driven by the increasing demand for natural ingredients for cosmetics and personal care products. In contrast to products made with synthetic ingredients, which may cause adverse side effects, customers are now increasingly seeking products based on natural ingredients. As a result, natural beauty products have experienced more growth than traditional products and are projected to gain a significant market share during the forecast period. In addition, the growing knowledge of advanced and science-based cosmetics and personal care ingredients is contributing to the growth of the ceramides industry.
Key Market Players
The major players in the market are Evonik Industries AG (ETR: EVK), Ashland Global Holdings Inc. (NYSE: ASH), Doosan Solus Co., Ltd. (KRX: 336370), Plamed Green Science Group, Vantage Specialty Chemicals, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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