Friday, 30 June 2017

Sodium Cocosulfate Market - Positive Long-Term Growth Outlook 2023

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Sodium Cocosulfate Market. The study, titled Sodium Cocosulfate Market - Global Industry Analysis, Size, Share, Trends and Forecast 2016 - 2023, is available for sale on the firm’s website.

Sodium cocosulfate is a synthetic detergent most commonly used in personal care products as a surfactant and dispersing agent. It is a widely used surfactant derived from coconut oil. Furthermore, sodium cocosulfate is used as a foaming agent in soaps and detergents. Sodium cocosulfate is an alternative to sodium lauryl sulfate; the basic difference between the two being that sodium cocosulfate does not foam as well as sodium lauryl sulfate. Sodium cocosulfate finds application in the manufacture of various hair care, skin care, and oral care products. It is manufactured by using a blend of fatty acids from coconut oil and reacting them with sulfuric acid, followed by sodium carbonate to create sodium cocosulfate. Due to the potential risk posed by sodium lauryl sulfate to the human body, the usage of sodium cocosulfate is expected to rise since it is less irritating.

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Sodium cocosulfate is widely used in personal care products as it is a comparatively better cleansing ingredient and leaves the skin moisturized and conditioned. In the past few years, personal care products have become a part of the consumers’ daily routine. Personal care includes a range of products such as soaps, liquid soaps, anti-aging face creams, shampoos, moisturizing lotions, and sunscreen products. Growing usage of personal care products in day to day life is expected to drive the global sodium cocosulfate market in the next few years.

Rising population is another factor likely to boost the usage of personal care products in Asia Pacific during the forecast period. Furthermore, improvement in lifestyle coupled with high disposable income is anticipated to fuel demand for personal care products in the region. This, in turn, is estimated to positively affect the sodium cocosulfate market in the next few years. Asia Pacific is anticipated to be the largest and fastest growing market for sodium cocosulfate owing to rise in demand for personal care products in the past few years. Moreover, countries such as China, India, and other countries in south east Asia are witnessing significant rise in the usage of personal care products. This is expected to fuel demand for sodium cocosulfate during the forecast period. Europe is likely to be the second-largest market, followed by North America.

Moreover, countries in Latin America and Middle East & Africa have experienced rapid economic and industrial growth in the past few years. The potential risk of using sodium lauryl sulfate as a personal care ingredient in hair care and skin care products is likely to boost demand for sodium cocosulfate in North America and Europe where the regulatory bodies are strict regarding the usage of harsh chemicals in personal care products. This, in turn, is expected to create a positive outlook for the sodium cocosulfate market in these two regions in the next few years. The key companies operating in the global sodium cocosulfate market are largely focusing on these growing economies to tap the enormous market potential. These factors are likely to create a favorable environment for the growth of the global sodium cocosulfate market. Therefore, the global sodium cocosulfate market is expected to experience strong growth in the next few years.

The key manufacturing companies operating in the sodium cocosulfate market are Acme-Hardesty Company, Surfactants International, BASF SE, Colonial Chemical, Inc., The Lubrizol Corporation, Pepmaco Manufacturing Corporation, and Solvay.

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The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.

The study is a source of reliable data on:
  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
  • Tracking current trends/opportunities/challenges
  • Competitive insights
  • Opportunity mapping in terms of technological break throughs

The regional analysis covers:
  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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