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Sodium Cocoyl Isethionate Market Competitive Dynamics & Global Outlook 2025

01-19-2018 01:26 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparecny Market Research

/ PR Agency: Transparecny Market Research
Sodium Cocoyl Isethionate Market Competitive Dynamics & Global

The global sodium cocoyl isethionate (SCI) market features an increasingly competitive vendor landscape owing to the rising number of manufacturers across the globe, observes Transparency Market Research in a recent report. However, the complex manufacturing process of SCI, which requires costly and advanced technologies in order to obtain moisture-free product, is one of the key constraints observed in the market. Thus, the market is difficult to explore, especially for small-scale companies.

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Leading manufacturers of SCI are focusing on research and development activities to commercialize SCI-based products. Mergers and acquisitions are also being actively sought by leading players so as to strengthen their hold on the market. The acquisition of Huntsman’s isethionate technology by Innospec Inc., for instance, created opportunity for Innospec to use its sales and end-product formulation expertise to cater the SCI market. Some of the market’s leading vendors are Innospec Inc., Clariant International, BASF SE, Huanggang Yongan Pharmaceutical Co., Ltd., Galaxy Surfactants, and AkzoNobel N.V.

TMR analysts suggest that the 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.

SCI in needle form accounted for the dominant share in 2016, followed by granule and powder form in the global market. The trend is also expected to remain strong over the report’s forecast period, with SCI in needle form remaining the most preferred among key end-use sectors. In terms of application, SCI earned a large share of revenue owing to demand across the skin care sector for the production of soaps and cleansers in 2016.

Read Report Overview @ https://www.transparencymarketresearch.com/sodium-cocoyl-isethionate-market.html

North America and Europe were the leading regions in terms of demand for SCI in 2016. The well-established personal care industries in these regions, presence of several leading personal care companies, and promising growth prospects of innovative products will continue to drive the market for SCI in these regions over the forecast period as well. Although Asia Pacific presently occupied a minor share in the SCI market in 2016, the region is anticipated to expand at a promising pace over the forecast period, chiefly owing to the thriving hair care sector.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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