Sodium Cocoyl Glutamate Market Detail Analysis of Top Companies 2032
The global Sodium Cocoyl Glutamate Market stood at USD 123.5 million, and it is projected to attain a value of USD 245.7 million by 2032, with an anticipated annual revenue compound annual growth rate (CAGR) of 8.1% throughout the forecast period. The increasing popularity of natural and organic personal care items, often featuring sodium cocoyl glutamate as a significant component, emerges as a pivotal driver propelling revenue expansion within the market. Manufacturers are consistently striving to develop sodium cocoyl glutamate-based products that are devoid of harsh chemicals and sulfates, known for their potential to irritate and dehydrate the skin. This trend is in direct response to consumers' preference for lightweight and gentle skincare solutions.
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Major Companies:
- Ajinomoto Co., Inc.
- Sino Lion (USA) Ltd.
- Clariant AG
- BASF SE
- Galaxy Surfactants Ltd.
- Stepan Company
- Innospec Inc.
- Croda International Plc
- Kao Corporation
- Akzo Nobel N.V.
Some Key Highlights from the Report
In 2021, the powder segment claimed the largest share of revenue. Sodium cocoyl glutamate in powder form is a key ingredient in numerous cosmetic and personal care products such as face washes, shampoos, and body washes. This is primarily due to its exceptional foaming capabilities, which effectively remove dirt and pollutants from the skin and hair. Additionally, its gentle surfactant properties make it a suitable choice for individuals with sensitive skin. The demand for sodium cocoyl glutamate is on the rise, driven by the increasing preference for natural and organic personal care products, given its natural origins from sources like coconuts and maize.
In 2021, skincare accounted for a sizable revenue share among the various applications. The growing consumer awareness of the benefits of natural and organic skincare products has fueled demand for sodium cocoyl glutamate in this market. Sodium cocoyl glutamate is a common ingredient in natural and organic skincare products because it is biodegradable and non-toxic. Furthermore, it is a gentle Cleanser that removes debris and excess oil from the skin without irritating it. Another factor driving the growth of the skincare market is the rise in the prevalence of skin conditions such as acne, rosacea, and eczema, which necessitate the use of gentle yet effective cleansing agents. Furthermore, there is a growing market for Korean beauty products, many of which contain the active ingredient sodium cocoyl glutamate as an active ingredient, is contributing to revenue growth in the skincare sector.
Sodium Cocoyl Glutamate Market Segmentation:
Segments covered: By Form Outlook, Application Outlook, Regional Outlook
By Form Outlook:
- Powder
- Liquid
By Application Outlook:
- Skincare
- Haircare
- Oral Care
- Others
Regional scope: North America; Europe; Asia Pacific; Latin America ; Middle East & Africa
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