Published on : Jun 21, 2018
Albany, New York, June 21, 2018: In recent years, the trend of using sulfate-free products has increased. When it comes to choosing sulfate-free products, sodium cocoyl glycinate is the most preferred among manufacturers. According to the latest market study, the global sodium cocoyl glycinate market is expected to expand at a significant pace during the forecast period driven by the increase in demand for the sulfate-free product. Market Research Hub (MRH) has freshly revealed a study titled “Sodium Cocoyl Glycinate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025” to its massive database, which works to inform the readers about major factors prompting the growth of the concerned market.
As per the active research evaluations, the sodium cocoyl glycinate market has gained valuation at US$ 55 Mn in 2016 and is projected to expand at CAGR of around 5.0% during the forecast period. At first, the research presents a detailed overview of the market covering introduction that offers definition as well as taxonomy. It has been clearly analyzed that sodium cocoyl glycinate is primarily used to manufacture sulfate-free products. Demand for sulfate-free products has been rising due to the increase in consumer awareness about health and efficient advertisements and branding of products.
The later section talks about the market segmentation based on type, application, and region. All the mentioned sections target the introduction of the segment, along with historic and current market size as well as volume analysis. The geographical analysis section of the report offers clear understanding about the market and expansion across the prime regions including the Middle East and Africa (MEA), Europe, Asia Pacific, North America, and Latin America. Another important section of market dynamics identifies factors driving and restraining the growth of the market. Based on market segmentation, the research finds the following:
• From a geographical standpoint, the sodium cocoyl glycinate market in the Asia Pacific is predictable to expand at a CAGR of 6.0% during the mentioned forecast period. Considering the growing trend of sulfate-free products, manufacturers are focusing to develop new-generation mild water-soluble sulfate-free surfactants
• Application-wise, the usage of sodium cocoyl glycinate in cosmetic products is anticipated to increase during the forecast period, as it possesses chemical properties such as high lather formation and minimum cleanser-induced damage to the skin.
• In terms of type, the sodium cocoyl glycinate market has diverged into solid/powder form and liquid form. In the liquid form, sodium cocoyl glycinate is used in a wide range of applications such as soaps & cleansers, shampoos, and body wash and face wash products.
At last, prime players functioning in the global market are profiled, including Sino Lion (USA) Ltd, Galaxy Surfactants, Ajinomoto Omnichem S.A., Clariant, Innospec Inc., Solvay S.A., Stepan Company, Henan Surface Chemical Industry Co Ltd, and Guangzhou Tinci Materials Technology Co., Ltd.
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