The market for sodium cocoyl glutamate is expected to reach a value of USD 122.7 Million in 2022 and grow at a remarkable CAGR of more than 5.0% from 2022 to 2032, reaching a value of USD 200.3 Million by the end of 2032.
Between 2017 and 2021, the sodium cocoyl glutamate market experienced annual growth of 3.8%. The market is expected to have a significant potential over the evaluation period as a result of the new marketing techniques used by businesses to draw in customers. These variables are expected to limit the rise of the demand for sodium cocoyl glutamate by 0.3X between 2022 and 2032.
A barrier-friendly surfactant, sodium cocoyl glutamate cleans the skin while supplening and deeply hydrating it. Because it is one of the mildest surfactants, is biocompatible, and may soften water by attaching to minerals, it is widely utilised as a foaming agent in personal care products.
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Given that its main constituent, keratin, is made up primarily of acidic and basic residues, it is less abrasive to the skin and more biocompatible. The utilisation of organic substances derived from plants as well as chemicals that are made from renewable resources have become more popular over the past several years. This moderate palm kernel oil or coconut oil-based surfactant and foaming ingredient produces great lather in personal care formulations.
Due to improved application in water- and oil-based chemicals, which enhances the capabilities of chemical formulations in shower gels and skincare detox products, the use of sodium cocoyl glutamate is on the rise. Additionally, sodium cocoyl glutamate is utilised in baby and oral care items, which will promote market expansion.
Key Companies Profiled
- BASF SE
- Clariant International AG
- Ajinomoto Co. Ltd.
- Asahi Kasei Fine Chemicals
- Taiwan NJC Corporation
- Sino Lion
- Changsha Puji Biotechnology Co. Ltd.
- Blue Sun International
- SCHILL SEILACHER GMBH
Key Takeaways from Market Study
- Global sodium cocoyl glutamate market witnessed 3.8% CAGR for the period of 2017-2021
- Under form segment, aqueous segment dominates the market by holding 66.9% of the overall sodium cocoyl glutamate market share and is projected to rise at the rate of 4.7% CAGR during the forecast years, to hold 65.1% of the overall market share
- Under application segment, hair care segment is valued at USD 57.2 Million in 2022 and is projected to grow at a CAGR of 5.1% to exceed the valuation of USD 94.0 Million by the end of 2032
- Based on the region, the demand for sodium cocoyl glutamate is expected to grow at a CAGR of 5.6% and 5.9% in East Asia and South Asia & Oceania region respectively over the forecast period
- Together, North America and Europe is likely to represent over 57.9% of overall market share in 2022
“The benefits and properties of sodium cocoyl glutamate is anticipated to drive market demand in coming years”, says a Fact.MR analyst.
Development of Market
Key players in the sodium cocoyl glutamate market are capturing noteworthy market share by following appropriate marketing strategies due to which they are able to promote their product and enhancing their brand presence. Market players are concentrating on following strategies like product launch, geographic expansion, collaborations, capacity expansion etc. to enhance their brand presence and widen the revenue streams in coming years.
Manufacturers in sodium cocoyl glutamate market are following integrated sales channel and a robust distribution network enabling manufacturers generate consistency in demand and supply over the years along with the provision of long term partnerships with clienteles and sales partners and other distribution networks.
Market players are also investing in R&D to launch new products and gain an edge over their competitors.
- Clariant International AG is adopting an innovative approach and offering mild surfactant solutions based on natural raw materials. They are using them for the production of hair and body care products, and differentiating by claiming that they carry excellent biodegradability, have good skin compatibility, are free of preservatives, and also improve hair care properties.
- SCHILL SEILACHER GMBH offers a range of surfactants based on sodium cocoyl glutamate, which carries lower irritation potential than severe surfactants and offers buffer capacity at skin ph.
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More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global sodium cocoyl glutamate market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights by form (powder, aqueous), application (hair care, skin care, other applications), and across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East & Africa).
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