No. There are many different formulas for mascara; all contain pigments. But it has no bat poop. One common type of mascara consists of an emulsion of oils, waxes, and water.
In the United States, federal regulations prohibit the use of any pigments derived from coal or tar in eye cosmetics, so mascaras use natural colors and inorganic pigments. Carbon black is the black pigment in most mascara recipes, and iron oxides provide brown colors. Other colors such as ultramarine blue are used in some formulas.
There are two main types of mascara currently manufactured. One type is called anhydrous, meaning it contains no water. The second type is made with a lotion base, and it is manufactured by the emulsion method.
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