Massive Customer Base in Emerging Countries of APAC to Create Remunerative Opportunities
Albany, NY -- (SBWIRE) -- 08/10/2018 -- Widely known as glycinate, sodium cocoyl glycinate is basically an amino acid based mild surfactant, which is derived from natural coco fatty acid & amino acid glycine. Sodium cocoyl glycinate is available in both powdered as well as liquid forms. Attributes of glycinate such as mildness and attributes stimulate its usage in personal care products like hair shampoo, skin care, body wash, and shaving cream. Furthermore, sodium cocoyl glycinate is primarily employed in manufacturing of sulfate-free products. These insights are obtained from a new report, titled "Sodium Cocoyl Glycinate Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025," recently added to the all-inclusive repository of Market Research Reports Search Engine (MRRSE).
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In terms of application, the sodium cocoyl glycinate market has been classified into hair care and skin care. Skin care segment holds the major chunk of the global market share of sodium cocoyl glycinate. Sodium cocoyl glycinate is used in the composition of niche personal care products such as body wash, soaps and cleansers, face wash, & shampoos. Usage of products with an ethical composition is an upward trend, which is poised to drive the growth of sodium cocoyl glycinate market.
Sodium Cocoyl Glycinate Market- Massive Customer Base in Emerging Countries of APAC to Create Remunerative Opportunities
From the geographical standpoint, the global sodium cocoyl glycinate market is segregated into regions such as North America, Europe, Asia Pacific, Latin America, & Middle East & Africa. North America & Europe account for a hefty share of the sodium cocoyl glycinate market. This supremacy is attributed to high per capita expenditure on personal care & premium cosmetic products in these regions. Additionally, North America also constitutes a significant share of the global market. The Asia Pacific market is poised to expand at a swift pace due to rampant economic enhancement and rise in disposable income in countries such as China & India. The Middle East & Africa and Latin American markets are also anticipated to showcase remarkable growth during the forecast timeline.
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Companies are injecting significant investments to introduce new production facilities. These facilities will further aid in expansion of production to cater to the rising demand for sodium cocoyl glycinate. For instance, Galaxy Surfactants invested in establishment of its new manufacturing facility at Zhagadia, Gujarat, India; and Egypt. The annual production of surfactants by its facility located at Zhagadia approaches nearly 77,000 metric tons.
Sodium Cocoyl Glycinate Market- Product Diversification to be the Key Norm
Major manufacturing companies operating in the sodium cocoyl glycinate market are targeting the approach of product differentiation. Product diversification and differentiation help the vendors to extend their reach and retain their supremacy in the market. Moreover, prominent leaders have started incorporating patented manufacturing technology for the production of sodium cocoyl glycinate. Companies which are based in the Europe and North America are facing neck-to-neck competition from the China-based companies. Some of the key players operating in the sodium cocoyl glycinate market include Ajinomoto Omnichem S.A., Clariant, Galaxy Surfactants, Innospec Inc., Sino Lion (USA) Ltd, Solvay S.A., Stepan Company, Henan Surface Chemical Industry Co Ltd, and Guangzhou Tinci Materials Technology Co., Ltd.
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