Disodium Cocoyl Glutamate Market Report Overview
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The global disodium cocoyl glutamate market size was USD 20 million in 2021 and is expected to reach USD 76.56 million in 2031, exhibiting a CAGR of 14.5% during the forecast period.
A barrier-friendly surfactant, disodium cocoyl glutamate cleans the skin while supplementing and deeply hydrating it. Because it is one of the mildest surfactants, is biocompatible, and may soften water by attaching to minerals, it is widely utilized as a foaming agent in personal care products. Its main component, keratin, which is made up of acidic and basic residues, makes it less irritant to the skin and more biocompatible. The usage of chemicals derived from renewable resources has also gained popularity during the past several years. Both trends are gaining momentum. This light coconut oil or palm kernel oil-based surfactant and foaming ingredient produce excellent lather in personal care products.
Due to improved application in water- and oil-based chemicals, which enhances the capabilities of chemical formulations in shower gels and skincare detox products, the usage of disodium cocoyl glutamate is on the rise. Additionally, disodium cocoyl glutamate is used in newborn and oral care items, which will promote market expansion during the ensuing years. To make hair care products smooth and silky, disodium cocoyl glutamate is frequently utilized in them. The substance can be used in personal care products like soaps and cleansers because of its strong foaming capacity and distinctive washing ability. The Cosmetic, Toiletry, and Fragrance Association recommends limited usage of sulfate-containing surfactants. Mild surfactants such as disodium cocoyl glutamate help reduce skin damage and prevent premature hair loss
COVID-19 Impact
"Reduced Sales of Cosmetic Products to Slower Market Growth"
The COVID-19 disaster has shaken the disodium cocoyl glutamate market, which has major applications in cosmetic products including skin care, color cosmetics, hair care, perfumes, and personal care. Sales in the first quarter were sluggish, and there have been several store closings. The sector has adapted to the crisis well. with companies shifting their production to make hand sanitizers, and cleaning supplies, and providing first responders free beauty treatments workers. About 30% of the market for beauty products was eliminated when high-end beauty product retailers were forced to close due to COVID-19.
LATEST TRENDS
"Increase In Demand For Cosmetics And Personal Care To Boost Market Growth"
In emerging nations, the personal care sector is expected to grow along with the service sector's workforce and women's labor market involvement. The personal care sector has undergone a tremendous transformation as a result of consumers' preference for organic goods and worries about products that include sulfates. Due to the surge in demand for personal care products with gentle surfactants, the disodium cocoyl glutamate market is predicted to grow significantly over the forecast period. Detergent action of conventional sulfate and paraben-containing surfactants generally leads to dryness and roughness. Paraben-containing surfactants also remove beneficial bacteria that are essential in maintaining a healthy scalp. The enhanced susceptibility of absorption of sulfate-containing surfactants often leads to hair loss. An increase in R&D activities for the production of more natural and sulfate-free products is also expected to propel the disodium cocoyl glutamate market.
Disodium Cocoyl Glutamate Market Segmentation
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- By Type Analysis
As per the type, the market is classified as follows: Solid, Liquid, and Others. The solid type is predominant in the disodium cocoyl glutamate market.
- By Application Analysis
Based on application, the market is segmented as follows: Facial Cleanser, Shampoo, and Others. Shampoo which has several hair benefits dominates the disodium cocoyl glutamate market share.
DRIVING FACTORS
"Growing Consumer Knowledge To Facilitate Market Development"
It is predicted that disodium cocoyl glutamate, an ingredient in sulfate-free cleaning conditioners, utilizing disodium cocoyl glutamate helps clean conditioners remove toxins while strengthening hair and encouraging hair development by reintegrating protein. Growing consumer knowledge of the benefits of using organic ingredients in personal care products is expected to open up attractive new market prospects for major manufacturers of disodium cocoyl glutamate and offer a wide range of benefits to consumers.
"Environment-Friendly Characteristics to Promote Industry Progress"
The usage of disodium cocoyl glutamate has several benefits that are predicted to enhance disodium cocoyl glutamate market growth and lead to a gain of 210 BPS by 2032. The usage of disodium cocoyl glutamate allows for less color fading, even after repeated washes of colored hair, as well as less depletion of the hair's natural oils. These are a few benefits over competing products like disodium lauryl sulfate. Additionally, because disodium cocoyl glutamate is more environmentally friendly than other comparable products, growing worries about the usage of alkyl ether sulfates and alkyl sulfates will propel disodium cocoyl glutamate market expansion during the projection years.
RESTRAINING FACTORS
"High Cost of the product to Hinder Market Growth"
disodium cocoyl glutamate is costlier than other surfactants because of the way it is made. The formulation method also faces several difficulties, such as poor foam volume compared to sulfated systems and thick foam character. These factors are expected to limit the rise of the demand for disodium cocoyl glutamate market over the evaluation period.
Disodium Cocoyl Glutamate Market Regional Insights
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"Increase in Demand to Propel Market Progress in North America"
The highest market share is held by the disodium cocoyl glutamate market in North America. In the industrialized economies of North America, the market for personal care goods has reached saturation. However, the growing demand for organic personal care products that use non-toxic components is encouraging the use of safe substances. Over the ensuing years, this will probably fuel regional market expansion on the continent.
KEY MARKET PLAYERS
"Market Players Focus on New Product Launches to Strengthen Market Position"
Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.
List of Market Players Profiled
- Croda Personalcare (U.S.)
- Puji Biology (China)
- Tian Ci (Switzerland)
- Galaxy Surfactants (India)
- Ouli Biotech (China)
- Sino Lion (U.S.)
- TOHO Chemical Industry (Japan)
- Startec Science and Technology (China)
- Greatchemical (Taiwan)
- Solvay (Belgium)
- Miwon Commercial (South Korea)
- Clariant International (Switzerland)
- Taiwan NJC (Taiwan)
- Jarchem Industries (U.S.)
- Stepan (U.S.)
- Delta (U.S.)
- Zschimmer-Schwarz (Germany)
- Ajinomoto (Japan)
- Innospec (U.S.)
- Oli-Sh (U.S.)
REPORT COVERAGE
The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 20 Million in 2021 |
Market Size Value By |
US$ 76.56 Million by 2031 |
Growth Rate |
CAGR of 14.5% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the disodium cocoyl glutamate market expected to touch by 2031?
Based on our research, the disodium cocoyl glutamate market is projected to touch USD 76.56 million by 2031.
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What CAGR is the disodium cocoyl glutamate market expected to exhibit by 2031?
The disodium cocoyl glutamate market is expected to exhibit a CAGR of 14.5% by 2031.
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Which are the driving factors of the disodium cocoyl glutamate market?
The growing consumer knowledge and its environmental-friendly characteristics are the driving factors of the disodium cocoyl glutamate market.
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Which are the top companies operating in the disodium cocoyl glutamate market?
Croda Personalcare, Puji Biology, Tian Ci, Galaxy Surfactants, Ouli Biotech, Sino Lion, TOHO Chemical Industry, Startec Science and Technology, Greatchemical, and Solvay are some of the top companies operating in the disodium cocoyl glutamate market.