Sodium Cocoyl Glutamate Market- to See Incredible Growth During 2017 – 2025
The global sodium cocoyl glutamate market is projected in a report by Transparency Market Research (TMR) to demonstrate a moderately consolidated nature as top companies account for an over 50.0% aggregate share. Relatively lower prices of sodium cocoyl glutamate in China could give rise to neck-and-neck competition between mild surfactant manufacturers. Asia Pacific could be a choice region for establishing manufacturing facilities because of the abundant and easy availability of raw materials. In order to sustain their position in the global sodium cocoyl glutamate market, leading companies such as Clariant are expected to adopt product innovation and continuous technological advancement as their go-to strategies.
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TMR anticipates the global sodium cocoyl glutamate market to post an over 4.0% CAGR between 2017 and 2025. In 2017, the global sodium cocoyl glutamate market was worth a US$0.1 bn. Among different applications, skin care accounted for a larger share of 58.1% of the global sodium cocoyl glutamate market in 2017. Regionally, North America secured a significant share of 30.0% of the global sodium cocoyl glutamate market in the same year. Europe could be another prominent region of the global sodium cocoyl glutamate market in terms of consumption.
Use of Mild Surfactants to Prevent Premature Hair Loss Serves up to Demand
The need to prevent premature hair loss and reduce skin damage are foreseen to raise the demand for sodium cocoyl glutamate and other mild surfactants. Sodium lauryl sulfate (SLS) and other hard surfactants used in formulations for hair care products are quite toxic. Consumers have been expressing their concern for the use of alkyl ether sulfates and alkyl sulfates in hair care products. Roughness and dryness caused due to the detergent action of SLS are common complaints of consumers. Moreover, hair loss, hair thinning, and skin irritation are some of the usual side effects of using sulfate-containing surfactants.
On the other hand, swelling demand for beauty and personal care products is foretold to push the growth of the global sodium cocoyl glutamate market. The personal care industry benefiting from the rising inclination toward organic products and high penetration of women in the labor market could bode well for the global sodium cocoyl glutamate market.
Exorbitant Cost of Products Containing Sulfate-free Surfactants Crimps Growth
Expensive cost of sulfate-free surfactants in comparison with sulfate-containing surfactants is envisaged to hamper the demand in the global sodium cocoyl glutamate market. Furthermore, the personal care industry witnesses the dominance of sulfate-containing surfactants, which have a relatively lower manufacturing cost. Additionally, lack of awareness about the difference between sulfate-free and sulfate-containing surfactants is forecast to negatively affect the global sodium cocoyl glutamate market.
However, high demand for sodium cocoyl glutamate in the form of aqueous solution is foretold to increase the growth of the global market. Aqueous solution has better foaming power and functions impressively at the skin’s pH. Sodium cocoyl glutamate is also expected to gain demand due to its many advantages such as mildness, lower loss of natural oils from hair, and lower loss of hair color of dyed hair even after several shampooing services.
The information presented here is based on a TMR report titled “Sodium Cocoyl Glutamate Market (Form – Powder SCG and Aqueous Solution; Application – Hair Care and Skin Care) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”
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