Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 178.78 Million | USD 254.46 Million | 4% | 2023 |
Zion Market Research has published a report on the global Sodium Cocoyl Glutamate Market, estimating its value at USD 178.78 Million in 2023, with projections indicating that it will reach USD 254.46 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4% over the forecast period 2024-2032.
The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Sodium Cocoyl Glutamate industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Sodium Cocoyl Glutamate is a moderate surfactant or foaming product obtained from glucose isolated from coconut corn or palm kernel oil. The production of sodium cocoyl glutamate is simple, extracted from and combined with monosodium glutamate, a coconut / palm kernel oil produced by the fermentation of maize glucose. The innovative cleaning and foaming feature makes it ideal for use in personal goods. The human skin is preserved from drying and the moisture content is maintained. This mixture is mostly used to generate sulfate-free items. In skincare and hair care segments, such as shampoos, body wash, face wash, and cleansers, sodium cocoyl glutamate is primarily used.
Increased demand for personal care goods and customer desire for mild surfactants, high levels of comfort and soft skin sensation are expected to drive the growth of the global market for sodium cocoyl glutamate. In addition, widespread use of the substance is expected to accelerate consumer growth of hair care products such as shampoos and conditioners along with skincare items such as soaps & shower gels and facial cleansers.
In addition, major investments in research & development projects for the development of natural as well as sulfate-free goods are expected to fuel demand for the forecast period. Complexities in manufacturing and high production costs, however, are the possible constraints that hamper the overall market. In contrast, growth in urbanisation, rising per capita expenditure, and rapidly changing consumer lifestyles provide favourable opportunities for growth.
The Sodium Cocoyl Glutamate market is fragmented based on form, and application.
By form, the market is divided into powder, aqueous, solid SCG and others.
On the basis of application, the Sodium Cocoyl Glutamate market includes hair care, skin care and others. In the Sodium Cocoyl Glutamate industry, the hair care segment is expected to account for the largest share in 2019.
Report Attributes | Report Details |
---|---|
Report Name | Sodium Cocoyl Glutamate Market |
Market Size in 2023 | USD 178.78 Million |
Market Forecast in 2032 | USD 254.46 Million |
Growth Rate | CAGR of 4% |
Number of Pages | 110 |
Key Companies Covered | Ajinomoto, Asahi Kasei, Schill Seilacher, Sino Lion, Taiwan NJC, DeWolf Chemical, Changsha Puji, BASF SE, and Clariant International AG, among others |
Segments Covered | By Form, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
It is likely that North America will dominate the global demand sodium cocoyl glutamate. Growing demand for Sodium Cocoyl Glutamate is expected to increase in these areas, owing to the region's increasing demand for the forecast period is expected to be powered by major investments in research & development projects to improve both natural and sulphate-free goods.
Some main participants of the-
By Type
By Application
Sodium Cocoyl Glutamate Market: Regional Segment Analysis
FrequentlyAsked Questions
A big factor of the world market for sodium cocoyl glutamate is the rise in demand for personal care goods containing relatively mild surfactants. Public awareness over the use of alkyl sulphates and alkyl ether sulphates in personal care products has increased dramatically over the last few years. The detergent activity of surfactant-containing sulphate such as sodium lauryl sulphate found in traditional hair care products contributes to dryness and roughness and kills beneficial bacteria that are crucial to preserving a safe scalp.
global Sodium Cocoyl Glutamate Market, estimating its value at USD 178.78 Million in 2023, with projections indicating that it will reach USD 254.46 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4% over the forecast period 2024-2032
During the forecast era, North America is expected to account for the largest share of the global Sodium Cocoyl Glutamate industry.
Some main participants of the Sodium Cocoyl Glutamate market are DECCO Inc., FMC Corporation, Citrosol, Sensitech Inc, Pace International LLC, Syngenta, Nufarm, Fomesa, Fruitech, Agrofresh , John Bean Technologies, DuPont, among others.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed