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Sodium Cocoyl Glutamate Market Revenue, Size, Segment by Type, Application, Key Companies 2032

According to a recently published report by Fact.MR, a market research and competitive intelligence provider, the global sodium cocoyl glutamate market is projected to reach a valuation of USD 122.7 million in 2022. The market is expected to grow at a robust CAGR of over 5.0% during the forecast period from 2022 to 2032, surpassing a valuation of USD 200.3 million by the end of 2032.

Between 2017 and 2021, the sodium cocoyl glutamate market experienced an annual growth rate of 3.8%. Fact.MR foresees significant potential for the market during the forecast period, driven by new strategies manufacturers are employing to attract consumers. However, these factors may also temper the demand growth for sodium cocoyl glutamate, reducing it by 0.3X during the 2022-2032 assessment period.

Sodium cocoyl glutamate is a skin-friendly surfactant known for its ability to cleanse while keeping the skin soft and highly moisturized. Recognized as one of the mildest surfactants, it is biocompatible and can soften water by binding to minerals, making it a popular foaming agent in personal care products.

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Sodium cocoyl glutamate is less irritating to the skin and more biocompatible, thanks to its primary component, keratin, which consists of acidic and basic residues. In recent years, the trend toward using plant-based organic ingredients has gained momentum, with a growing emphasis on sourcing chemicals from renewable materials. This mild, vegetable-based surfactant and foaming agent, derived from palm kernel oil or coconut oil, offers exceptional lathering properties in personal care formulations.

The increasing use of sodium cocoyl glutamate is driven by its enhanced application in both water-based and oil-based ingredients, improving the properties of chemical formulations in shower gels and skincare detox products. Additionally, its use in oral care and baby care products is expected to further support market growth in the coming years.

Key Takeaways from Market Study

Global sodium cocoyl glutamate market witnessed 3.8% CAGR for the period of 2017-2021
Under form segment, aqueous segment dominates the market by holding 66.9% of the overall sodium cocoyl glutamate market share and is projected to rise at the rate of 4.7% CAGR during the forecast years, to hold 65.1% of the overall market share
Under application segment, hair care segment is valued at USD 57.2 Million in 2022 and is projected to grow at a CAGR of 5.1% to exceed the valuation of USD 94.0 Million by the end of 2032
Based on the region, the demand for sodium cocoyl glutamate is expected to grow at a CAGR of 5.6% and 5.9% in East Asia and South Asia & Oceania region respectively over the forecast period
Together, North America and Europe is likely to represent over 57.9% of overall market share in 2022
“The benefits and properties of sodium cocoyl glutamate is anticipated to drive market demand in coming years”, says a Fact.MR analyst.

Read More: https://www.factmr.com/report/sodium-cocoyl-glutamate-market

Market Development

Key players in the sodium cocoyl glutamate market are capturing significant market share by implementing effective marketing strategies that enhance their brand presence and promote their products. These companies are focusing on strategies such as product launches, geographic expansion, collaborations, and capacity expansion to strengthen their brand visibility and broaden their revenue streams in the coming years.

Manufacturers in the sodium cocoyl glutamate market are utilizing integrated sales channels and maintaining a robust distribution network, which helps ensure consistent demand and supply over time. This approach also facilitates the establishment of long-term partnerships with clients, sales partners, and other distribution networks.

Market players are also investing in research and development (R&D) to introduce new products and gain a competitive advantage.

For example,

Clariant International AG is adopting an innovative approach by offering mild surfactant solutions based on natural raw materials. These solutions are used in the production of hair and body care products, and Clariant differentiates itself by emphasizing their products' excellent biodegradability, good skin compatibility, preservative-free formulations, and enhanced hair care properties.
Similarly, SCHILL SEILACHER GMBH offers a range of surfactants based on sodium cocoyl glutamate, which are less irritating than harsh surfactants and provide buffer capacity at the skin's natural pH level.
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More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global sodium cocoyl glutamate market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by form (powder, aqueous), application (hair care, skin care, other applications), and across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East & Africa).

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