Sodium Cocoyl Isethionate Market Forecasts to 2028 – Global Analysis By Type (Powder, Granule, Needles/Flakes), Channel (Distributor, Direct Sales), Application (Skin Care, Shower Gels), and By Geography
According to Stratistics MRC, the Global Sodium Cocoyl Isethionate Market is accounted for $139.25 million in 2020 and is expected to reach $248.35 million by 2028 growing at a CAGR of 7.5% during the forecast period. Growing consumer consciousness about the ingredients used in personal care and cosmetics, increasing accessibility to the chemical compound coupled with the availability of various do-it-yourself (DIY) recipes for producing homemade face washes, cleansers, and shampoos, proliferation of e-commerce platforms in the last decade are the major factors propelling the market growth. However, high cost and complexity of extracting sodium salt from coconut oil are hampering the market growth.
Sodium Isethionate is the cosmetic ingredient name for the sodium salt of 2-hydroxyethanesulfonic acid. These chemicals have the classical structural components of surfactants, with a hydrophobic alkyl tail and a hydrophilic sulfonate anion at the opposite end. Sodium Cocoyl Isethionate functions primarily as a surfactant-cleansing agent and the majority of the uses reported are in coloring and non-coloring hair products. Sodium cocoyl isethionate is widely used as a versatile and mild primary surfactant that provides excellent and stable lather in liquid and solid formulations. It is a biodegradable material obtained from fatty acid containing oils such as coconut oil. Various forms such as needles, powders, and granules of sodium cocoyl isethionate are available in the market.
Based on application, the skin care segment is estimated to have a lucrative growth due to the growing demand for skincare products because of its superior lathering properties, mildness towards skin, moisture retention, and cleansing capabilities. Sodium cocoyl isethionate can be used in hundreds of skincare products such as facial cleansers, bar soap, acne products, styling products and other products. Sodium cocoyl isethionate gives creamy, stable, dense foam, which is ideal for soft, smooth, and silky skin.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing modern retail sector in countries like Indonesia, India, China, South Korea which has made the availability of cleansing products easier. Additionally, the availability of large amount of raw materials such as palm oil coconut oil, and its derivatives in the Asia Pacific region makes the use of vegetable oil-based soaps more popular in the region. With increasing incomes of the middle-class economy, the demand for the expensive products is also expected to propel.
Some of the key players profiled in the Sodium Cocoyl Isethionate Market include Akzo Nobel N.V, BASF SE, Clariant International Ltd., Galaxy Surfactants Ltd., Henan Surface Chemical Industry Co. Ltd, Huanggang Yongan Pharmaceutical Co. Ltd., Innospec Inc., JEEN International Corporation, KIYU New Material Co. Ltd., L'Oreal, Taiwan NJC Corporation, and Unilever.
• Direct Sales
• Skin Care
• Shower Gels
• Foaming Bath Butter/Bath Whip
• Makeup Remover
• Oral Care
• Baby Products
• Hair Care
• Eye Makeup Remover
• Syndet Bars
• Electroplating and Electropolishing
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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