Global Sodium Cocoyl Isethionate market, which accrued revenue worth 136.46 (USD Million) in 2019, will register a CAGR of nearly 6.7% during the period from 2020 to 2026.
Sodium Cocoyl Isethionate Market
The global Sodium Cocoyl Isethionate market, which accrued revenue worth 136.46 (USD Million) in 2019, will register a CAGR of nearly 6.7% during the period from 2020 to 2026. The report offers assessment and analysis of the Sodium Cocoyl Isethionate market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million).
Sodium Cocoyl isethionate, which is abbreviated as SCI, is the main constituent in syndet bar preparation since past thirty years. It is a key surfactant in mild & synthetic detergent as well as cleansing bars. According to NCBI, in vitro as well as in vivo trials have shown that the product is mild & less harmful to skin in comparison to soaps or surfactants with sodium dodecyl sulfate as their key constituents.
Furthermore, it is a bio-degradable substance derived through fatty acids and comprises of coconut oils. Moreover, the product is available in myriad forms like granules, needles, and powders.
Market Growth Dynamics
Sodium Cocoyl isethionate possesses outstanding surfactant features and are used immensely in skin care as well as hair care applications. These products are used extensively in products like body washes, combo bars, and face washes for producing foams. Additionally, surge in the production of sulfate-free surfactants with huge need for the latter in personal care & cosmetic items will prompt the expansion of sodium Cocoyl isethionate market over the estimated timeline.
Moreover, low price of the compounds and easy product availability has made sodim cococyl isethionate the key surfactant in a spectrum of wash items in the recent years. Apart from this, the product is also utilized in creams & lotions and has gained tremendous popularity as synthetic detergent in textile sector. Apparently, escalating health consciousness pertaining to hygiene & health will bolster the demand for detergents & soaps, thereby steering the market expansion over the assessment timespan.
Surge in the research activities for producing mild anionic surfactants will further impel the scope of the business in the years to come. The product property of minimizing surface tension and solubilizing oils along with producing large foams will drive the market trends.
North American Market To Reach Scalable Heights By 2026
The growth of the market in the sub-continent over the forecast timeline is owing to large-scale production of the compound in the region. Additionally, shift in the tilt towards body shaving foams and liquid gels in the countries like the U.S. and Canada among the young population will further steer the growth of the market over the ensuing years.
Key players profiled in the report include Akzo Nobel N.V., Innospec Inc., Huanggang Yongan Pharmaceutical Co. Ltd., Galaxy Surfactants Ltd., Taiwan NJC Corporation, Clariant International Ltd., JEEN International Corporation, BASF SE, KIYU New Material Co. Ltd., and Henan Surface Chemical Industry Co. Ltd.
The global sodium cocoyl isethionate market is segmented as follows:
Surge in the production of sulfate-free surfactants with huge need for the latter in personal care & cosmetic items will prompt the expansion of sodium Cocoyl isethionate market during forecast timeline.
The CAGR of the industry is expected to be approximately 6.7% during the forecast timespan.
North American region will contribute sizably towards the global market revenue over the estimated timeline.
The key market participants include Innospec Inc., Galaxy Surfactants Ltd., Clariant International Ltd., JEEN International Corporation, Akzo Nobel N.V., BASF SE, Taiwan NJC Corporation, KIYU New Material Co. Ltd., Huanggang Yongan Pharmaceutical Co. Ltd., and Henan Surface Chemical Industry Co. Ltd.