Market Summary:

The global Sodium Lauroyl Isethionate Market reached USD 174.34 million in 2022, and it is anticipated to reach USD 307.29 million by 2032, with a projected revenue compound annual growth rate (CAGR) of 6.5% throughout the forecast period. The primary driver behind the increase in market revenue is the growing demand for personal care products, particularly in emerging countries, due to higher disposable incomes and changing lifestyle trends.

Sodium lauroyl isethionate, known for its excellent foaming and cleansing properties, is extensively used in personal care items such as shampoos, body washes, soaps, and facial cleansers, further bolstering its market growth.

Furthermore, the environmental friendliness and skin-friendly attributes of sodium lauroyl isethionate play a significant role in its rising demand. This environmentally advantageous ingredient, derived from pure Coconut Oil and easily biodegradable, is favored by manufacturers of personal care products. Consumers appreciate it because it is gentle on the skin and does not cause allergies or skin irritations.

Another contributing factor to the revenue growth in the sodium lauroyl isethionate market is the increasing focus on product development and innovation. Personal care product manufacturers continually invest in creating new and innovative products to meet changing consumer preferences. For example, in September 2020, Evonik introduced a new variant of sodium lauroyl isethionate called TEGO® SP 13-6, which enhances foam stability and viscosity control in shampoo formulations, aligning with evolving consumer needs and preferences.

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Some Key Highlights from the Report

• The powder form segment is expected to dominate the market for sodium lauroyl isethionate in terms of revenue. Manufacturers prefer the practicality of using SLI in powdered form as it is easy to store and transport. Moreover, the powder form seamlessly integrates into various formulations, making it an ideal choice for producing personal care products. Additionally, SLI in powder form boasts a long shelf life, ensuring its stability and effectiveness even after prolonged storage periods. These advantages contribute to the widespread preference for the powder form of sodium lauroyl isethionate in the market.
• In 2021, the skin care segment had the biggest revenue share of any of them. Because of its excellent cleansing properties, ability to produce a rich and creamy lather, and softness on the skin, sodium lauroyl isethionate is becoming increasingly popular for use in soaps, body washes, and other personal care products. Sodium lauroyl isethionate is another chemical commonly found in anti-aging therapies because it is believed to improve the efficiency of active ingredients and their penetration into the skin.
• The Asia Pacific region dominated the sodium lauroyl isethionate market in terms of revenue share in 2021. The area is expected to maintain its market leadership during the forecast period, owing to increased demand for personal care products and the country's expanding urbanization. China, India, and Japan have contributed significantly to market growth in this sector. Personal care goods are in high demand in these countries as a result of a growing middle-class population and higher disposable income. The presence of significant sodium lauroyl isethionate manufacturers in the area is driving market growth. Furthermore, the region is seeing a surge in demand for natural and organic personal care products, further propelling the expansion of the sodium lauroyl isethionate market in the Asia Pacific region in the forecast period.
• Some of the prominent players profiled in the global sodium lauroyl isethionate market include BASF SE, Evonik Industries AG, Solvay SA, Innospec Inc., Stepan Company, Galaxy Surfactants Ltd., Kao Corporation, Clariant AG, Colonial Chemical, Inc., and Akzo Nobel N.V.
• In 2021, Evonik Industries AG extended its cosmetic ingredient production capacity in Brazil, including sodium lauroyl isethionate. The expansion aims to address the region's expanding demand for cosmetic ingredients while also boosting Evonik's market position.
• BASF SE introduced a new line of sodium lauroyl isethionate-based hair and body washing products in 2020. Natural and biodegradable materials are included in the formulations, which are ideal for use in environmentally friendly personal care products.
• BASF SE: In 2020, BASF SE introduced a new line of sulfate-free personal care products, including shampoos and shower gels based on sodium lauroyl isethionate. The compositions are intended to be skin-friendly and environmentally friendly.
• Evonik Industries AG: In 2021, Evonik Industries AG introduced a new line of sulfate-free personal care surfactants, including sodium lauroyl isethionate. Surfactants in the spectrum are moderate and biodegradable, with good foaming and cleansing capabilities.

Strategic Developments:

• In 2021, Evonik Industries AG increased its production capacity for cosmetic ingredients, notably sodium lauroyl isethionate, within Brazil. This expansion was undertaken to address the rising demand for cosmetic ingredients in the region and to fortify Evonik's market presence.
• In 2020, BASF SE introduced a fresh range of formulations based on sodium lauroyl isethionate, designed for gentle and efficient cleansing of hair and body. These formulations incorporate natural and biodegradable components, making them suitable for use in environmentally friendly personal care products.
• In the same year, 2020, Kao Corporation acquired Oribe Hair Care, a renowned luxury hair care brand, with the objective of enhancing its standing in the premium hair care market. This acquisition was aimed at broadening Kao Corporation's product portfolio and increasing its market share in the personal care industry.
• During 2019, Innospec Inc. completed the acquisition of Huntsman Corporation's surfactant business, which included a range of surfactants, including sodium lauroyl isethionate. This strategic move was intended to diversify Innospec's product offerings within the personal care market.
• Also in 2019, Galaxy Surfactants Ltd. inaugurated a new manufacturing facility in Egypt, expanding its production capacity for surfactants, including sodium lauroyl isethionate. The expansion was motivated by the growing demand for surfactants in the Middle East and Africa region, aiming to meet this increased market need.

Sodium Lauroyl Isethionate Market Report Scope

Browse Press Release:https://www.reportsanddata.com/press-release/global-sodium-lauroyl-isethionate-market

Competitive Landscape:

Some of the major players in the market include:

• BASF SE
• Evonik Industries AG
• Solvay SA
• Innospec Inc.
• Stepan Company
• Galaxy Surfactants Ltd.
• Kao Corporation
• Clariant AG
• Colonial Chemical, Inc.
• Akzo Nobel N.V.

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