Global Sodium Cocoyl Taurat Market Overview:
Sodium Cocoyl Taurate is a gentle amide base anionic surfactant. Sodium Cocoyl Taurate is blended by responding sodium taurate with cocoyl chloride which goes about as a surfactant cleaning specialist. Sodium Cocoyl Taurate has different trademark properties like frothing, purifying, wetting, solubilizing, and protection from hard water, simple to thicken, and so on because of which it has different applications in close to home consideration. The great frothing property of Sodium Cocoyl Taurate makes it a reasonable fixing in the assembling of cleaning-based items for example cleansers and cleansers. While Sodium Cocoyl Taurate soothingly affects skin feel and because of this impact it is utilized in the detailing of body wash. Sodium Cocoyl Taurate is additionally considered as a superior substitute of sodium lauryl sulfate in shampoos, cleansers, and other cleanliness base items.
Growth Drivers
- The increasing number of applications from cleaning industries
- The rise in concern about personal appearance
Roadblocks
- Strict government rules and regulations
- Lack of skilled and professionally able personnel
Opportunities
- Surging demand for product penetration in sulfate-free surfactant base product
- Growing regional production of sodium cocoyl Taurat is creating new opportunities for manufactures
Challenges
- Development of sulfate-free solutions for a personal care product
- Development antipollution ingredients with antioxidant complexes to improve product quality
Competitive Landscape:
Currently, in the market customers demand sulfate-free natural and safer products that are simple to use. The leading organizations in the industry with the use of sodium cocyl taurat developing the products such as cosmetics, soup, and others and gain the market share. Also, companies are making new acquisitions for the development of new products
Some of the key players profiled in the report are Guangzhou Reachin Chemical Co. Ltd (China), Henan Surface Chemical Industry Co Ltd (China), The Good Scents Company (United States), Galaxy Surfactant (India), Innospec (United States), Tawiwan Njc Corporation., Ltd (Taiwan), Clariant AG (Switzerland), Great Chemical (China), Jarchem Industries (United States) and Protameen Chemicals (United States). Additionally, following companies can also be profiled that are part of our coverage like Croda (United Kingdom), Foshan Hytop New Material (China) and Nikkol (Japan). Analyst at AMA Research see United States Vendors to retain maximum share of Global Sodium Cocoyl Taurat market by 2026.
Latest Market Insights:
On 23 August 2021, Clariant, a focused, sustainable, and innovative specialty chemicals company has signed an agreement to acquire the remaining 70% in Brazilian Personal Care Specialties Company Beraca from the founding Sabará family. Beraca is one of the key manufacturers of natural ingredients for the personal care sector. The acquisition of the remaining 70% in Beraca is a relevant building block in the strategy of further strengthening individual core business areas through targeted acquisitions. Beraca’s business will be integrated into the Care Chemicals Business Area.
On 25 May 2020, Clariant offers the Industrial & Home Care segment fast and free online access to the ecolabel compatibility and sustainability features of its extensive formulation ingredients via its new Ecolabel Guidance Tool launched. With rising consumer interest in more environmentally-friendly products in categories like dishwashing, laundry, and hard surface cleaning, brands are keen to display relevant ecolabels on their products and offer ingredient transparency to provide greater guidance to their customers. The new Industrial & Home Care Ecolabel Guidance Tool will be updated regularly to support customers with accurate, up-to-date information on new products and ecolabel developments
What Can be Explored with the Sodium Cocoyl Taurat Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sodium Cocoyl Taurat Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sodium Cocoyl Taurat
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sodium Cocoyl Taurat market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sodium Cocoyl Taurat market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industrial Associations, Government Regulatory Bodies, Government Research Institutions, Private Research Institutions and Raw Material Suppliers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.