Press release
Lauramide DEA Market is Expected to Progress at a CAGR of 7.3% to Reach US$ 369.4 Million by 2034
Lauramide DEA Market
Lauramide DEA is a diethanolamine (DEA) derivative that has extensive applications as a wetting agent in cosmetics and personal care products. Due to its emulsifying as well as foaming characteristics, its demand is increasing, leading it to become a major product in shampoos, soaps, and skin care items.
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Lauramide DEA market is experiencing growth owing to its increased application in shampoos, conditioners, body washes, and other personal care applications. It is known for its surfactant and foam-bulding qualities, and its ability to add texture and quality of foam makes it a key ingredient in luxury and high-performance products.
By 2024, East Asia shall account for 34% of the world market for lauramide DEA as demand in the personal care segment and household care products rises. North America shall see its market expand at a 7.3% compound annual growth rate during the upcoming decade, triggered by robust demand in pharmaceutical formulas.
On a basis of end-use industry, the cosmetic & personal care is anticipated to share 24.7% of the world's market in 2024 with the demand slated to grow up to US$ 92.3 million in 2034.
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Lauramide DEA Market: Overview
Lauramide DEA, which is a diethanolamine (DEA) derivative, is produced from lauric acid, a naturally occurring fatty acid in palm oil and coconut oil. The industry has seen dynamic changes in recent years with both growth prospects and regulatory issues.
Most commonly utilized as a foaming and wetting agent in cosmetics and personal care products, lauramide DEA remains a dominant ingredient in skincare products, soaps, and shampoos. Nevertheless, growing worldwide concern regarding its toxicity and carcinogenicity has shaped market trends.
Although several studies have been conducted on the safety profile of lauramide DEA, there still exist concerns following the existence of free diethanolamine (DEA) impurities in certain formulations. In spite of these issues, continued research and regulatory evaluations continue to influence the demand pattern of lauramide DEA in the cosmetics industry.
Cosmetics Industry Expansion Driving Market Growth
The personal care and cosmetics industry continues to prosper, even remaining immune to economic downturns globally. Changing demographics and the integration of traditional and contemporary tastes have continued to drive industry expansion.
While large cosmetic companies prioritize clean-label products, small and medium enterprises focus on budget-friendly and efficient ingredients to improve product performance and shelf life. The growing awareness of affordable personal care products for lower-middle and middle-class consumers has created a boom in new-age cosmetic brands around the world, increasing demand further in the market.
Segmentation of Lauramide DEA Market Research
By Type :
Liquid
Solid
By Application :
Personal Care Products
Cosmetics
Hair Care
Skin Care
Industrial Cleaners
By End-Use Industry :
Cosmetic & Personal Care
Household Cleaning
Industrial & Institutional Cleaning
Textile
By Region :
North America
Western Europe
Eastern Europe
Latin America
East Asia
South Asia & Pacific
Middle East & Africa
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