Potassium Cocoyl Glycinate Market Scope
Potassium cocoyl glycinate is the potassium salt of the amide formed from the reaction of coconut acid chloride and glycine. It is widely used as the cleansing agent, emulsifying agent, dispersing agent, wetting agent, and permeating agent. Potassium cocoyl glycinate is mainly used in personal care products and household detergents. Moreover, it is also used in industries as a cleansing agent and anti-rust agent. Based on the type, the market has been bifurcated into solid and liquid.
The market study is being classified by Type (Solid and Liquid), by Application (Personal Care Products {Hair-care, Skin-Care, Toiletries, and Others}, Household Detergents, Industrial Cleaning Agents {Cleansing agent, Antirust agent} and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Potassium Cocoyl Glycinate market throughout the predicted period.
Ajinomoto Co, Inc. (Japan), Guangzhou Bai-Fu Yun Chemical (China), Guangzhou Tinci Materials Technology (Tinci) (China), Zhonglan Industry (China), Sino Lion (United States), Changsha Puji Biotechnology Co., Ltd (China), TAWIWAN NJC CORPORATION., Ltd. (Taiwan), Hangzhou TIM Chemicals Co., Ltd. (China), Yuancheng Saichuang Technology Co., Ltd (China) and Zhongbao Chemicals Co., Ltd (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Nebula Chemicals Co., Ltd. (China).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Potassium Cocoyl Glycinate market by Type, Application and Region.
On the basis of geography, the market of Potassium Cocoyl Glycinate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- The Growing Popularity of Potassium Cocoyl Glycinate for Skin Care
Market Drivers
- The Rising demand for Potassium Cocoyl Glycinate from the Cosmetics Industry
- The Surging Application among the Industries as the Cleansing Agent and Anti-Rust Agent
Opportunities
- The Growth Opportunities from Emerging Economies
Analyst View
“Asia Pacific region is expected to hold a leading position within the market due to the presence of several manufacturers from Chinese region. These players are focusing on research & development activities in order to serve high-quality products to the cosmetics industry. Moreover, growing awareness among the consumers regarding skincare is expected to open huge opportunities for the downstream vendors during the forecast period.”
Key Target Audience
Potassium Cocoyl Glycinate Manufacturers, Potassium Cocoyl Glycinate Traders/Distributors, Potassium Cocoyl Glycinate Importer/Exporters, Regulatory & Government Bodies, End Users and Others
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