Cosmax Signs MOU With ScienceCo, a Global Functional Material Company
Oct 21, 2025
Cosmax, a global cosmetics ODM (research, development, and production) company, is targeting the global textured hair market worth KRW 17 trillion. Cosmax plans to sign an MOU with a global raw material company specializing in curly hair care, while targeting the hair care market with pinpoint products that subdivide the hair quality and scalp conditions of people around the world.
Cosmax announced on the 21st that it signed a memorandum of understanding (MOU) with SYENSQO, a global functional material company, to target the global curly hair market on the 16th.
Founded in Belgium in 1863, ScienceCo supplies a wide range of raw materials from automobile and aircraft parts to cosmetic raw materials. In particular, in the cosmetics field, it is a global leader in hair materials such as plant-derived hair conditioning raw materials.
With this MOU, Cosmax will expand cooperation in raw materials and research with ScienceCo. It utilizes various research experiences and specialized materials on multi-ethnic hair in the European and U.S. markets. In addition, the company plans to apply Corelink-S (Corelink-S) technology developed by Cosmax to its products to solve the vulnerability of curly hair that is prone to breakage. After that, it will also promote the use and performance confirmation through product reviews for global panelists.
Through this, we plan to introduce shampoo and hair essence exclusively for curly hair in the United States and overseas markets. It will also conduct joint research on curly hair and scalp to develop exclusive materials for Cosmax in the mid to long term.
Cosmax pursued this MOU by paying attention to the growth potential of the global curly hair market. According to ScienceCo, the global curly hair market reached about $12 billion (about 17 trillion won) last year, and is expected to grow 5-10% annually.
Unlike the Korean and East Asian markets, which are dominated by straight hair, the U.S. has a huge market size, with 50% of the population in the U.S. and 75% in Latin America having curly hair. In other words, it is essential to develop curly hair products to target the global hair care market.
Cosmax will also introduce products specialized for each type by subdividing hair and scalp conditions into 12 types.
Cosmax announced on the 21st that it signed a memorandum of understanding (MOU) with SYENSQO, a global functional material company, to target the global curly hair market on the 16th.
Founded in Belgium in 1863, ScienceCo supplies a wide range of raw materials from automobile and aircraft parts to cosmetic raw materials. In particular, in the cosmetics field, it is a global leader in hair materials such as plant-derived hair conditioning raw materials.
With this MOU, Cosmax will expand cooperation in raw materials and research with ScienceCo. It utilizes various research experiences and specialized materials on multi-ethnic hair in the European and U.S. markets. In addition, the company plans to apply Corelink-S (Corelink-S) technology developed by Cosmax to its products to solve the vulnerability of curly hair that is prone to breakage. After that, it will also promote the use and performance confirmation through product reviews for global panelists.
Through this, we plan to introduce shampoo and hair essence exclusively for curly hair in the United States and overseas markets. It will also conduct joint research on curly hair and scalp to develop exclusive materials for Cosmax in the mid to long term.
Cosmax pursued this MOU by paying attention to the growth potential of the global curly hair market. According to ScienceCo, the global curly hair market reached about $12 billion (about 17 trillion won) last year, and is expected to grow 5-10% annually.
Unlike the Korean and East Asian markets, which are dominated by straight hair, the U.S. has a huge market size, with 50% of the population in the U.S. and 75% in Latin America having curly hair. In other words, it is essential to develop curly hair products to target the global hair care market.
Cosmax will also introduce products specialized for each type by subdividing hair and scalp conditions into 12 types.
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This article was translated by Naver AI translator.
