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Daily Chemical Industry Development

Daily chemicals refer to daily chemicals, which are an indispensable type of daily necessities in people's lives. According to the traditional industry classification, the daily chemical industry is habitually divided into the following six categories:

(1) Cosmetics (including beauty cosmetics, cleaning cosmetics, skin care products, hair cosmetics);

(2) Cleaning supplies (including soap, washing powder, detergent);

(3) Oral products (including toothpaste, mouthwash, etc.);

(4) Fragrance and deodorant;

(5) Insect repellent products;

(6) Other daily chemical products (such as shoe polish, floor wax, etc.).

From the perspective of my country's daily chemical market, from 2015 to 2020, the market size of my country's daily chemical industry has shown an upward trend year by year. Even under the impact of the new crown epidemic in 2020, the market size of my country's daily chemical industry has maintained a growth rate of 5.83%, becoming one of the few positive growth markets in the  daily chemical market.

Overview of the cosmetics industry: From the perspective of the  market, the size of the cosmetics market has generally shown an increasing trend in the past five years. Statistics show that the size of thecosmetics market has risen from US$501.1 billion in 2017 to US$535.1 billion in 2021. Although affected by the epidemic in 2020, overall, the size of the cosmetics market is still in a process of steady expansion.

Analysis of the status quo of the cosmetics market in 2017-2021

Daily Chemical

                                                                                                                        market ,100 million Dollars

From the perspective of product structure, in the past five years, the proportion of various products in the  cosmetics market has been relatively stable, with skin care products accounting for the highest proportion, followed by shampoo and hair care, make-up, perfume and hygiene products.

Combined with the growth trend of the cosmetics market size and the market share of shampoo and hair care products, the shampoo and hair care products market has shown a steady growth trend.

With the continuous expansion of the daily chemical demands, the export volume of our company's daily chemical raw materials is also increasing. Recently, our customers' demand for some safe, mild and efficient daily chemical raw materials is also increasing. We also export some popular daily chemical products, like Caprylhydroxamic Acid ,Hexamidine Diisethionate ,Piroctone Olamine ,Phenylethyl Resorcinol ,P-Hydroxyacetophenone ,etc.

In the future, we will continue to export of daily chemical raw materials and provide our customers with safer, high-quality products.