Sodium Cocoyl Isethionate Sales Upsurge with Major Players Contributing Heavily towards Market Growth, reports Fact.MR study
Verfasser: ashwani_kailiya on Friday, 11 October 2019The Fact.MR report tracks the sodium cocoyl isethionate market for the period 2018-2028. According to the report, the sodium cocoyl isethionate market is projected to grow at 3.7% CAGR through 2028. According to a recent Fact.MR study, over 40,000 tons of sodium cocoyl isethionate are expected to be sold in 2019 with increasing adoption of the chemical compound as a surfactant in personal care and home care products to emerge as a vital factor for healthy market growth.
Sodium Cocoyl Isethionate Market – Key Insights
Proliferation of e-commerce platforms in the last decade substantially bolstered sales of personal, skin care, baby care, and home care products which, in turn, helped sodium cocoyl isethionate market register a CAGR of 3.8% during the 2013-2018 period. The sodium cocoyl isethionate market was valued at over US$ 155 million in 2018. A surge in the demand for natural ingredients in personal and home care products is likely to propel sales of sodium isethionate with the market estimated to witness a Y-o-Y growth of more than 4.5% in 2019. North America is expected to retain the bulk of the sodium cocoyl isethionate market share with personal care goods manufacturers intensifying the use of natural ingredients in product formulations to meet the burgeoning demand in the region.