North America was one of the key markets for sodium lauroyl isethionate in the historical period of 2018-2023. This can be correlated to the growth of the personal care sector in the region. Presently, the Asia Pacific is emerging as a significant market for sodium lauroyl isethionate as the region attracts a large number of consumers of skincare and hair care products due to the growing consumer hygiene consciousness. Further, the regional growth is being aided by the changing lifestyle habits among the consumers and the subsequent growth in demand for personal care products. In addition, certain factors affecting the booming market growth in the Asia Pacific region are inflating disposable income, enhanced standard of living, and rapid urbanisation.
The global market for sodium lauroyl isethionate is witnessing a high degree of competition among the operating players. The market is dominated by players like Galaxy Surfactants Limited and Jilin Aegis Chemical Co. Ltd. In 2018, Galaxy Surfactants Limited (NSE: GALAXYSURF), one of the leading players in the industry received the ‘ICIS innovation award’ for best process innovation for manufacturing surfactants used in personal care products. Such inventions and innovations by the major companies are expected to propel the market growth of sodium lauroyl isethionate worldwide. The market is also expected to be propelled by the expanding online retail channels for personal care products like Amazon (NASDAQ: AMZN), which is projected to propel the demand for sodium lauroyl isethionate.
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Market Analysis by Type, Application, and Region:
- The market on the basis of type can be divided into granules, chips, flakes, and powders.
- Based on application, the industry can be divided into skincare and hair care, among others.
- The regional markets for sodium lauroyl isethionate include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Key Findings of the Report:
- The sodium lauroyl isethionate industry is being aided by the accelerating demand for personal care products.
- The increasing demand for hair styling products and luxury hair beautifying products across the world is boosting the market growth.
- The growing awareness regarding the usage of sulphate-free mild surfactants is fuelling the demand for the product.
- Furthermore, increasing disposable incomes and changing lifestyles among the consumers are expected to aid the market.
Key Offerings of the Report:
- The EMR report gives an overview of the global market for sodium lauroyl isethionate for the periods (2018-2023) and (2024-2032).
- The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the types, applications, and regions of sodium lauroyl isethionate.
- It assesses the regional price trends for the (2018-2023) and (2024-2032) periods.
- The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.
The major players in the global sodium lauroyl isethionate market are Galaxy Surfactants Limited, Innospec Performance Chemicals, and Jilin Aegis Chemical Co. Ltd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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