Sodium Cocosulfate Market - Global Industry Analysis, Size, Share, Trends and Forecast 2016 - 2023

Sodium Cocosulfate Market - Global Industry Analysis, Size, Share, Trends and Forecast 2016 - 2023

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

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. 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.

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)

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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