Sodium Cocoyl Glutamate Market To Power Rapidly To Reach USD 140 Million by end of 2026

(MENAFN- Zion Market Research) According to the report published by Zion Market Research, global demand for Sodium Cocoyl Glutamate market was valued at approximately USD 100 Million in 2019, and is expected to generate revenue of around USD 140 Million by end of 2026, growing at a CAGR of around 3-4% between 2020 and 2026. Major players active in the sodium cocoyl glutamate market are Asahi Kasei Fine Chemicals BASF SE, Ajinomoto Co., Ltd, and Clariant International AG.

Rising Preference Of Users Towards Organic Goods To Power The Growth Of The Global Sodium Cocoyl Glutamate Market

The requirement for sodium cocoyl glutamate is increasing due to the growing personal care sector. Sodium cocoyl is used widely in the making of skin care and hair care goods due to its capability of reducing skin damage and preventing hair loss. Earlier, sodium lauryl sulfate discovered use in the production of skin care and hair care goods. On the other hand, sodium lauryl sulfate is quite poisonous in nature and leads to issues such as dryness and roughness to the people's skin or hair. The rising negative effect of employing sodium lauryl sulfate is demanding enhanced substitutes. The global market for sodium cocoyl glutamate is growing as an effective substitute of sodium lauryl sulfate. Apart from this, increasing preference of users towards organic goods and rising population of working females are the two solid factors expected to power the global market for sodium cocoyl glutamate in the coming future.

Excessive Cost Of Sodium Cocoyl Glutamate Might Hamper The Market Growth

The high price of sodium cocoyl glutamate surfactants in comparison to the other chemical options is one factor hindering the global sodium cocoyl glutamate market growth. This is due to the fact that sodium cocoyl glutamate has a higher production price in comparison to sulfur chemicals. In addition to this, lack of user awareness about the advantages of employing sodium cocoyl glutamate goods is expected to hinder the global market growth. Nonetheless, rising spending by end users over promotion and marketing of sodium cocoyl glutamate goods is expected to dilute limitations of the global market.

Browse the full  'Sodium Cocoyl Glutamate Market Type (Powder, aqueous, solid SCG and others) and application (Skin care, Hair care and others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 2026  Report at  [To enable links contact MENAFN]

The global sodium cocoyl glutamate market is segmented as follows:

Form

• Powder SCG
• Aqueous Solution

Application

• Hair Care
• Skin Care

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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