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 plant-based 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 film-forming agent MQ-1640 from Dow Corning.
展开▼
