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Sodium Cocoyl Isethionate Market Size, Trends, Growth And Outlook By 2033
Sodium Cocoyl Isethionate Market Size
As per the report, the sodium cocoyl isethionate market size has grown strongly in recent years. It will grow from $0.18 billion in 2023 to $0.2 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The sodium cocoyl isethionate market size is expected to see strong growth in the next few years. It will grow to $0.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.
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Rising Skincare Demand Propels Growth In Sodium Cocoyl Isethionate Market
The growing demand for skincare products is expected to drive the growth of the sodium cocoyl isethionate market in the coming years. Skincare products, such as face masks and body scrubs, play an important role in self-care routines. Sodium cocoyl isethionate is a solvent that allows water, oil, and dirt to be combined to make things clean. Sodium cocoyl isethionate can be used in hundreds of skincare products such as facial cleansers, bar soap, acne products, styling products and other products. According to Trefis, a financial research and analysis company, the global skincare industry was worth almost $135 billion, rising almost 60% in the last 10 years, and Trefis estimates it to hit $180 billion, a rise of over 30% by 2023. Therefore, the growing demand for skincare products drives the growth of the sodium cocoyl isethionate market.
Sulfate-Free And 1,4-Dioxane-Free Solutions In Sodium Cocoyl Isethionate Market
Major companies operating in the sodium cocoyl isethionate market are focusing on developing innovative product technologies and services to cater to the growing demand for efficient and natural surfactants in personal care and cosmetic products. Iselux is a surfactant technology developed by Innospec that is sulfate-free and 1,4-dioxane-free. It is a clear, mild, and natural surfactant that is available in liquid and solid form. For instance, in January 2022, Innospec, a US-based chemical company, announced that its flagship Iselux surfactant technology, which is free of sulfates and 1,4-dioxanes, has been approved for use in China, the world's second-largest personal care market. This approval opens the door for Iselux sales for the first time in China and substantially expands the breadth of premium personal care products that can be offered in the country. Moreover, the Iselux range of surfactants is known for its ultra-mild, sulfate-free, and 1, 4-dioxane-free formulation, making it suitable for sensitive skin and providing a high-quality user experience.
The sodium cocoyl isethionate market covered in this report is segmented -
1) By Type: Powder, Needles And Flakes, Granules
2) By Product Type: Cleansing Sodium Cocoyl Isethionate, Hair Conditioning Sodium Cocoyl Isethionate, Surfactant Sodium Cocoyl Isethionate, Other Product Types
3) By Application: Skin Care, Hair Care, Baby Care, Oral Care, Other Applications
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Major companies operating in the sodium cocoyl isethionate market report are BASF SE, L'Oréal S.A., Solvay SA, Akzo Nobel N.V., Clariant International Ltd., Nouryon Chemicals Co Ltd., Stepan Company, Sino Lion USA Ltd., Innospec Inc., Aegischem Ltd., Galaxy Surfactants Ltd., Chemistry Connection, Huanggang Yongan Pharmaceutical Co Ltd., Huzhou Zhanwang Pharmaceutical Co Ltd., Colonial Chemical Inc., Columbus Chemical Industries Inc., Vantage Specialty Ingredients Pvt Ltd., Matangi Industries LLP, JEEN International Corporation, Shijiazhuang City Horizon Chemical Industry Co Ltd., Ithos Global Inc., Earth Science Naturals Inc., Taiwan Nihon Jakie Corporation, KIYU New Material Co Ltd., Henan Surface Chemical Industry Co Ltd., MiLLChem-Akott LP, Wuhan Glorious Chemical Co Ltd., Shanghai Bett Chemical Co Ltd., Bafeorii Chemical Co Ltd., Starchem Enterprises Limited
Contents of the report:
1. Executive Summary
2. Sodium Cocoyl Isethionate Market Report Structure
3. Sodium Cocoyl Isethionate Market Trends And Strategies
4. Sodium Cocoyl Isethionate Market - Macro Economic Scenario
5. Sodium Cocoyl Isethionate Market Size And Growth
…..
27. Sodium Cocoyl Isethionate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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