Global Sodium Lauroyl Isethionate market, which accrued revenue worth 79.39 (USD Million) in 2019, will register a CAGR of nearly 4.5% during the period from 2020 to 2026
New York, United States - November 3, 2020 /MarketersMedia/ —
Based on the analysis of the global sodium lauroyl isethionate market by the Zion Market Research analysts, the market valuation is anticipated to attain around US$ 114.89 million by 2026. In 2019, the global sodium lauroyl isethionate market was capitalized at US$ 79.39 million and is projected to expand at around 4.5% CAGR from 2020 to 2026. Henan Surface Chemical Industry Co Ltd., Innospec Performance Chemicals, Taiwan NJC CORPORATION, Galaxy Surfactants, JILIN AEGIS CHEMICAL CO., LTD., JEEN International Corporation, BASF SE, McKinely Resources, Inc., and KIYU New Material Co., Ltd. Are few of the prominent players active in the global sodium lauroyl isethionate market.
Increasing Demand In Hair Care And Skin Care Products Likely To Boost Market Growth
The increasing sodium lauroyl isethionate demand in hair care and skin care products is the key factor propelling the growth of the global sodium lauroyl isethionate market. Further, the rising alertness regarding the usage of sulfate-free mild surfactants via ads has resulted in a rise in sales of conditioners, shampoos, and other personal care products having sodium lauroyl isethionate. In addition, rising preference for personal grooming, alterations in lifestyle, and the rising use of natural products are anticipated to positively influence the market growth in the years to come.
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Rising Usage In Personal Care Products Likely To Boost Growth Of Chips/Flakes Segment
The global sodium lauroyl isethionate market on the basis of type is divided into powders, granules, and chips/flakes. In 2018, the global market was governed by chips/flakes segment and anticipated to remain at the top position in the near future. This can be attributed to the increasing flake-type sodium lauroyl isethionate’s demand for being used in personal care products. The market, on the basis of application, is bifurcated into skin care, hair care, and others. The skin care segment has been further sub-categorized into soap bars, bubble baths, and others. Likewise, the hair care segment has been sub-categorized into conditioners, shampoos, and hair-styling products.
Expanding Personal Care Sector To Help North America Dominate The Global Market
Having around 35% of share in the global sodium lauroyl isethionate market in 2018, North America governed the market and is also projected to continue growing remarkably during the forecast period. The expansion of the personal care sector in this region is the key factor for the market growth. Further, Asia Pacific is also anticipated to grow at a significant rate in the sodium lauroyl isethionate market in the coming years owing to the expansion of the personal care industry and the altering lifestyle. The market in Middle East & Africa and Latin America is also projected to grow at a modest rate on account of the remarkable expansion of the cosmetics and personal care industry in these regions, attributed to factors such as increasing disposable income of customers in these regions.
The global sodium lauroyl isethionate market is segmented as follows:
By Application
Hair Care
Shampoos
Conditioners
Hair Styling Products
Skin Care
Bubble Baths
Soap Bars
Others
Others
By Type
Chips/Flakes
Powders
Granules
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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