Global Sodium Lauroyl Isethionate Market Size To Grow At A CAGR Of 4% In The Forecast Period Of 2022-2027
The ‘Global Sodium Lauroyl Isethionate Market Analysis, Size, Share, Price, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global sodium lauroyl isethionate market, assessing the market on the basis of its segments like types, applications, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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The key highlights of the report include:
Market Overview (2017-2027)
Forecast CAGR (2022-2027): 4%
The increasing applications of sodium lauroyl isethionate as a cleansing agent in various hair and skin care products is driving the demand for product. Sodium lauroyl isethionate is a crucial ingredient in shampoos and body wash gels. The increasing inclination towards hygiene maintenance and hair care regimes are affecting the market growth positively.
The increasing prevalence of skin-related diseases such as Atopic Dermatitis (AD), itching, and crusted lesions, among others, are expected to lead to a heightened demand for mild surfactants. This, in turn, would expand the opportunities for the sodium lauroyl isethionate market.
Over the forecast period, the stringent government regulations across the sovereign nations encouraging the use of skin and hair care products derived from natural sources are further spurring the demand for sodium lauroyl isethionate. This product has a strong biodegradable profile which makes it environment friendly.
Regionally, the Asia Pacific leads with a substantial share of the market. The driving factors of the market include increasing populations across growing economies such as India and China which is propelling the sale of downstream products of sodium lauroyl isethionate. In addition, the vigorous hold of local manufacturers in the region is anticipated to garner the market growth in the coming years.
Sodium Lauroyl Isethionate Industry Definition and Major Segments
Sodium lauroyl isethionate refers to the salt form of lauric acid ester which possesses hair and skin-friendly properties. It is a successful surfactant, especially when compared to its aggressive alternatives. It can also be found in various forms depending upon the requirement. Diversified formulations derived from sodium lauroyl isethionate are witnessing a significant demand from various end use industries, which is propelling the sodium lauroyl isethionate market growth.
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Based on type, the market can be segmented into:
The sodium lauroyl isethionate market can be broadly categorised based on application into:
On the basis of region, the market can be categorised into:
Middle East and Africa
Sodium Lauroyl Isethionate Market Trends
The key trends in the global sodium lauroyl isethionate market include the aggressive branding and promotion of skin and hair care product manufacturers aimed towards expanding their target audience. These efforts by the companies are likely to escalate the sale of downstream products of sodium lauroyl isethionate in the coming years.
The prospering e-commerce industry is another crucial trend in the market which is increasing the sale of shampoos, cleansing bars, and detergents, among others. Additionally, well-established e-commerce companies as well as start-ups are offering attractive discounts on these products which are likely to be a guiding factor for the sodium lauroyl isethionate market in the forecast period.
The growing research and development activities by the major market players aimed towards producing skin care formulations with dense texture and creamy lather forming ability are anticipated to propel the demand for sodium lauroyl isethionate. Moreover, the increasing number of women in the workforce of the corporate sector is anticipated to boost the popularity of skin and hair care products owing to the presentation and hygiene requirements.
Furthermore, the increasing sale of products such as facewash, soaps, and bubble baths, among the active adults owing to the changing lifestyles and increasing disposable income are likely to shape the market dynamics in the coming years.
Key Market Players
The major players in the sodium lauroyl isethionate market report are Galaxy Surfactants Limited, Innospec Performance Chemicals, and Jilin Aegis Chemical Co. Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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