Sodium Cocoyl Isethionate Market Forecast Covering Growth Inclinations & Development Strategies until 2028

Posted on 2019-09-27 by Mark Hub in Chemicals // 0 Comments

The report studies the sodium cocoyl isethionate market worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions. In order to study the various trends and patterns prevailing in the concerned market, Fact.MR has included a new report on sodium cocoyl isethionate market to its wide online database including upcoming trends and market growth factors through 2028. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants.

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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.

Sodium Cocoyl Isethionate Market – Competitive Landscape

With demand for sulfate-free surfactants on the rise, Evonik launched a range of surfactants containing a combination of sodium cocoyl isethionate and thickening agents specially manufactured to meet the demands of skin and hair care products.
To capitalize on the pervasive trend of sustainability, Lamazuna launched the first-of-its-kind solid toothpaste with sodium cocoyl isethionate as the cleansing agent and surfactant in the oral care product. The company is marketing the product as a zero waste producer and is using degradable cardboard for packaging of the toothpaste.
Banking on the growing demand for natural ingredients-based home care products, Capucin announced the launch of Cake Vaisselle, a high-performance solid soap for cleaning dishes and utensils with sodium cocoyl isethionate as the main component in its formulation.
Increasing reports of irritability from using shampoos using sulfate-based surfactants is prompting companies to introduce sulfate-free shampoos and hair care products. In order to capitalize on the growing demand for sulfate-free hair products, Solvay launched Miracare SOFT S-525 shampoo which leverages the high foamability and efficient cleansing action of sodium cocoyl isethionate.

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.

Skin Care Industry to Push Demand for Sodium Cocoyl Isethionate

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.

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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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