The global sodium cocoyl isethionate market will exhibit a promising CAGR of 5.3% from 2017 to 2025, rising from a valuation of US$125.1 mn in 2016 to US$197.4 mn by 2025.
Albany, NY -- (SBWIRE) -- 02/01/2018 -- This research report offers a comprehensive analysis of the "Sodium Cocoyl Isethionate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.
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Global Sodium Cocoyl Isethionate Market: Snapshot
Sodium Cocoyl Isethionate (SCI) is a mild surfactant used widely in the personal care industry. It is categorized under the segment of anionic surfactants, which occupies a minor share in the global surfactants market. Owing to its properties such as more foam formation, mildness, good moisturizing effect, and less skin irritation, SCI considered crucial in products such as soaps, shampoos, and a variety of baby-care products. It is available in powder, needle, and granular forms.
The global personal care industry has witnessed expansion at highly promising pace across developed as well as developing economies in the past few years. With the demand for less irritable and green products rising at a rapid pace, the uptake of SCI in the personal care sector has witnessed a massive rise in the recent years. The usage of SCI in Unilever's highly popular Dove soap, which became one of the first kinds of cleansers in the market to carry a high moisture mark and became immensely popular among all demographics, marked a major milestone for this market. More such products have since appeared in the global market and have upped the importance of SCI in the personal care industry.
In the report, Transparency Market Research estimates that the global sodium cocoyl isethionate market will exhibit a promising CAGR of 5.3% from 2017 to 2025, rising from a valuation of US$125.1 mn in 2016 to US$197.4 mn by 2025.
Skin Care Products to Continue to Remain Leading Consumers of SCI
In terms of application, the usage of SCI in hair care is found across products such as shampoos, conditioners, hair colorants, hair treatment products, hair styling products. Skin care products using SCI include shower gels, soaps and cleansers, shaving foam, bubble baths. Apart from these, several oral care and baby products also utilize varying quantities of SCI. Consumption of SCI in skin care accounted for more than 40% of the total global consumption in 2016. This trend is expected to continue during the forecast period. The skin care segment is followed by hair care, oral care, and baby care products.
At present, companies involved in the production of skin care products are placing high importance on extra smoothening effect of the products on skin. Thus the demand for SCI due to its mild nature is high. Sulfate-free shampoo under the hair segment is also among the widely researched applications in the present market and therefore, shampoos occupy the largest share under the hair care applications of SCI. Soaps and cleansers, which come under skin care, are presently the leading contributors to the market, followed by products such as shower gels and shaving foams.
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North America and Europe to Retain Dominant Spots with Steady Growth Prospects
North America and Europe, together, accounted for more than 40% of the global market for SCI in 2016. This is due to the high awareness regarding and close attention paid to the effectiveness, safety, and other qualitative aspects related to the ingredients used in personal care ingredients in these regions. Presence of some of the leading producers of personal care products in these regions is also expected to work in favor of the market for SCI.
While the market in Asia Pacific presently holds a minor share in the overall market, it could go on to acquire a prominent position in the global market over the report's forecast period owing to the thriving personal care industry and increased demand for premium products from the increasingly affluent middle class population in the region. The market in Asia Pacific is anticipated to register a highly promising CAGR of 5.2% over the forecast period.
Leading companies operating in global SCI market include Innospec Inc., Clariant International, BASF SE, Huanggang Yongan Pharmaceutical Co., Ltd., Galaxy Surfactants, AkzoNobel N.V., Jeen International Corporation, KIYU New Material Co., Ltd., and Henan Surface Chemical Industry Co Ltd. Prominent customers of SCI in the global market include Unilever, Procter & Gamble Co., Shisiedo, L'Oreal, and Estee Lauder
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