The purpose of this rich study presented by Fact.MR is to elaborate the various market projections impacting the global sodium cocoyl isethionate market during the period until 2028. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the ** sodium cocoyl isethionate market during the forecast period.
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Sodium Cocoyl Isethionate Market – Key Insights
Some of the key players operating in the sodium cocoyl isethionate market are BASF SE, Galaxy Surfactants Ltd., AkzoNobel N.V., JEEN International Corporation, KIYU New Material Co. Ltd., Taiwan NJC Corporation, Clariant International Ltd., Innospec Inc., Henan Surface Chemical Industry Co Ltd., Millchem-Akott, and Huanggang Yongan Pharmaceutical. Burgeoning demand for natural and organic personal care products, in addition to sodium cocoyl isethionate’s superior lathering properties, mildness towards skin, moisture retention, and cleansing capabilities are some of the factors expected to drive widespread adoption of the chemical compound as surfactant in skin care products such as soaps, creams, lotions, cleansers, bubble baths, shaving foam, and makeup remover.
Its eco-friendly and sustainable nature in addition to its efficient cleaning action is expected to aid its adoption in hair, oral, and baby care products. Demand for the chemical compound in pharmaceuticals and electroplating applications is also expected to burgeon in the foreseeable future and aid in sodium cocoyl isethionate market proliferation.
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Sodium Cocoyl Isethionate Market – Key Insights
- Proliferation of e-commerce platforms in the last decade substantially bolstered sales of personal, skin care, baby care, and home care products which, in turn, helped sodium cocoyl isethionate market register a CAGR of 3.8% during the 2013-2018 period.
- The sodium cocoyl isethionate market was valued at over US$ 155 million in 2018. A surge in the demand for natural ingredients in personal and home care products is likely to propel sales of sodium isethionate with the market estimated to witness a Y-o-Y growth of more than 4.5% in 2019.
- North America is expected to retain the bulk of the sodium cocoyl isethionate market share with personal care goods manufacturers intensifying the use of natural ingredients in product formulations to meet the burgeoning demand in the region.
- South Asia & Oceania is likely to emerge as the fastest growing region for sodium cocoyl isethionate market as personal and home care product manufacturers continue to use aggressive marketing and e-commerce platforms to extend their consumer base.
- A gradual increase in consumer expenditure on personal and home care products manufactured using natural ingredients is a pervasive trend prompting companies to invest heavily in the inclusion of naturally occurring substances. The trend is expected to fuel demand for sodium cocoyl isethionate with sodium-based salt being derived from coconut oil exhibiting superior cleansing and foaming properties making it a suitable candidate for use in personal and home care products.
- With sustainability emerging as a key factor influencing consumer choices, personal care industry is increasingly using sodium cocoyl isethionate in product formulations while aggressively marketing these products as zero waste producers.
Some of the key players operating in the sodium cocoyl isethionate market are BASF SE, Galaxy Surfactants Ltd., AkzoNobel N.V., JEEN International Corporation, KIYU New Material Co. Ltd., Taiwan NJC Corporation, Clariant International Ltd., Innospec Inc., Henan Surface Chemical Industry Co Ltd., Millchem-Akott, and Huanggang Yongan Pharmaceutical. Burgeoning demand for natural and organic personal care products, in addition to sodium cocoyl isethionate’s superior lathering properties, mildness towards skin, moisture retention, and cleansing capabilities are some of the factors expected to drive widespread adoption of the chemical compound as surfactant in skin care products such as soaps, creams, lotions, cleansers, bubble baths, shaving foam, and makeup remover.
Its eco-friendly and sustainable nature in addition to its efficient cleaning action is expected to aid its adoption in hair, oral, and baby care products. Demand for the chemical compound in pharmaceuticals and electroplating applications is also expected to burgeon in the foreseeable future and aid in sodium cocoyl isethionate market proliferation.
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