Global Sodium Cocoyl Isethionate Market - 2022-2029

Global Sodium Cocoyl Isethionate Market - 2022-2029

Market Overview

The Global ""Sodium Cocoyl Isethionate Market"" is expected to grow at a high CAGR of 6.9% during the forecasting period (2022-2029).

The fatty acids in coconut oil and isethionic acid, a type of sulfonic acid, are used to create sodium cocoyl isethionate, a fine white powder. Coconuts are widely cultivated and grow on cocos nucifera trees. They are used to make food, building materials and natural ingredients. The fatty acids in coconut oil and isethionic acid, a type of sulfonic acid, are used to create sodium cocoyl isethionate, a fine white powder. Coconuts are widely cultivated and grow on cocos nucifera trees. They are used to make food, building materials and natural ingredients. The global market is segmented into type, product and application.

Market Dynamics

The demand for natural ingredients in personal care and home care products is expected to increase, which will propel the market for sodium cocoyl isethionate globally. The market's growth is also aided by the increasing penetration and usage of e-commerce platforms to purchase consumer goods. Sales in the global sodium cocoyl isethionate market are positively impacted by consumers' rising preference for natural, sustainable and clean-label products. The cosmetic and personal care industries use products from the global sodium cocoyl isethionate market as a great all-natural substitute for traditional sulfate surfactants. It trend will probably increase demand in the global sodium cocoyl isethionate market in the forthcoming years.

The rise in Demand For Sulfate-free Surfactants across all economies drives the market growth

In both liquid and solid formulations, sodium cocoyl isethionate is a preferred method surfactant because it is adaptable and gentle and produces an excellent, stable lather. It is a biodegradable substance made from oils rich in fatty acids, like coconut oil. Sodium cocoyl isethionate is sold in various forms, including needles, powder and granules. For years, sodium cocoyl isethionate has been used in mild, high-foaming personal cleaning products to provide gentle cleaning and a soft after-feel on the skin. The market for sodium cocoyl isethionate is being driven by the increase in sulfate-free surfactant production capacity as a result of the rise in demand for these surfactants in cosmetic and personal care products.

Market growth for sodium cocoyl isethionate is driven by demand for skin care products

The market share for sodium cocoyl isethionate is predicted to rise due to the growing demand for high-foaming products that produce rich and stable lather. The high-performance surfactant has fueled the soft and hard water trend and is now an ideal addition to water-free hair care, skincare and bath products. So much so that there is an imperative need for sodium cocoyl isethionate in foaming products like shampoos, liquid soaps and bar soaps. It's worth mentioning that the emulsifying property makes it possible for water and oil to combine, making it a popular ingredient in shampoos and footwear. Skin and hair often feel soft and hydrated due to the conditioning effects and foaming capacity by themselves. The SCI market will also grow with the increased demand for skin care products.

The high cost and complex and difficult extraction process for the compound from coconut oil continue to be major barriers to the growth of the global sodium cocoyl isethionate market.

COVID-19 Impact Analysis

The COVID-19 pandemic is likely to impact the forecast for the sodium cocoyl isethionate industry at a time when it has had a significant impact on several industries. Given the global awareness campaigns underway to prevent or slow the pandemic, industry players have demonstrated a strong preference for cleaning agents, which has helped increase the production of sodium cocoyl isethionate. During the pandemic, the demand for SCI was due to improved consumer hygiene practices, so COVID has not severely impacted the SCI market.

Segment Analysis

The global sodium cocoyl isethionate market is segmented based on type, product, application and region.

Ability to easy incorporation with products, the demand for flakes and needles type SCI is growing

The sodium cocoyl isethionate market has been segmented into needles/flakes, powders and granules. The majority of the sodium cocoyl isethionate market is made up of needles and flakes. It can be attributed to the widespread use of sodium cocoyl isethionate in the form of needles or flakes in soaps and cleansers. It is organically derived from vegetables, biodegradable and vegan-friendly. Compared to powder or granular alternatives, SCI in compared to powder or granular alternatives, SCI in the form of flakes is relatively simple to incorporate into products.

Geographical Analysis

The global sodium cocoyl isethionate market is segmented based on type, product, application and region.

Owing to easy access to resources and strong consumer awareness and base across North America, the demand for SCI is improving in the North American market

Following the large consumer base of SCI powder and granules for skin care, baby care and hair care in U.S., Canada and Mexico, stakeholders are poised to tap opportunities in North America. It is worth mentioning that the market for sodium cocoyl isethionate in North America has grown significantly due to the presence of top companies and easy access to resources. The outlook for the sodium cocoyl isethionate market in the Asia-Pacific will look promising if the ingredient gains traction in baby and oral care products in China and India. Asia-Pacific will start to notice the surfactant's use in high-foaming personal cleansing products, which will incentivize investment there.

Competitive Landscape

Manufacturers are making several strategic decisions in the global sodium cocoyl isethionate market to develop effective technologies and increase production rates to meet market demand. The primary focus areas include product launches, collaborations, strategic mergers and acquisitions. The key players in the market are Innospec Inc., BASF SE, Clariant International Ltd., Galaxy Surfactants Ltd., AkzoNobel N.V., JEEN International Corporation, KIYU New Material Co., Ltd., Taiwan NJC Corporation, Henan Surface Chemical Industry Co Ltd. and Huanggang Yongan Pharmaceutical Co. Ltd.

Innospec Inc.

Overview: A specialty chemical company, Innospec Inc., was formerly known as Octel Corporation and Associated Octel Company, Ltd. The company operates manufacturing plants, research facilities and other facilities across 24 international locations. Fuel specialties, oilfield services and performance chemicals are among the company's business divisions. The company offers chemicals, additives and formulations for industries such as agrochemicals, construction, fuel, home care, metal extraction, oilfield, personal care, polymers and waxes. The company operates in North America, South America, South Africa, Europe and Asia-Pacific. The company offers a variety of Sodium Lauroyl Methyl Isethionates and Sodium Cocoyl Isethionates for personal care and household industries.

Product Portfolio
• ISELUX: ISELUX is a flaked primary or secondary surfactant that is best used when a dense, opulent foam and elegant aftertaste are desired. With exceptional rinseability, it offers gentle yet thorough cleaning. The formulator can generate crystal clear liquid cleansing systems due to the excellent water solubility properties. ISELUX is more hydrolytically stable than many common esters because of its secondary ester structure. Formulating is simple due to this and its wide pH stability range. The ISELUX product ranges include ISELUX CO, ISELUX LQ-CLR-SB and ISELUX LQ-CLR-SB.

Key Development
• On January 5, 2022, The second-largest personal care market in the world, China, approved use of Iselux, the industry-leading, sulfate- and 1,4-dioxane-free surfactant technology from Innospec. Iselux, which comes in liquid and solid form, is a highly adaptable, clear, gentle and natural surfactant that today can be found in more than 3,000 body, hair and other personal care products and provides superior lather, skin feel and cleansing performance. Iselux is now, for the first time, available to Innospec's customers for use in cosmetic and personal care products throughout the country due to China's approval. Without compromising on product performance, Innospec technologies like Iselux directly addresses the long-term consumer demand for growing clean beauty. Innospec recently disclosed plans to invest more than US$ 70MM in organic growth through 2023 to support the anticipated rise in demand for its high-end personal and home care technologies.

Why Purchase the Report?
• To visualize the global sodium cocoyl isethionate market segmentation based on type, product, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the global sodium cocoyl isethionate market by analyzing trends and co-development.
• Excel data sheet with numerous data points of sodium cocoyl isethionate market-level with all segments.
• PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as excel consisting of key products of all the major market players.

The global sodium cocoyl isethionate market report would provide approximately 61 tables, 58 figures and 230 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies