Kao Corporation, Galaxy Surfactants Limited, Taiwan NJC Corporation, Ltd., BASF SE, Stepan Company, Enaspol A.S., and Alpha Chemicals Pvt. Ltd., among others, are the major players in the global cocamide diethanolamine market.
The global cocamide diethanolamine market is expected to grow at a CAGR of 5% during the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by the rising demand for cocamide diethanolamine in personal care and cosmetic products.
The growth in the global cocamide diethanolamine market is being driven by the increasing number of new and innovative cosmetic care products. Rising disposable incomes and the subsequent growing demand for personal care has led to the development of the worldwide cosmetic industry, which in turn is positively influencing the market growth of cocamide diethanolamine. In addition, technological enhancements and extensive manufacturing in developing countries like India, Mexico, and the Middle East provide economic production costs and better reach to a more significant customer base. This is favouring the growth of the market.
Although the usage of cocamide diethanolamine is considered safe in certain applications, excessive concentrations may pose health risks. In general, cocamide diethanolamine is considered to be safe for applications in rinse-off format, and at concentrations of less than 10% in leave-on cosmetic products. By changing the chemical composition of specific fatty acids to produce cocamide diethanolamine, the safety of the original fatty acid is altered.
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Kao Corporation is a Japanese manufacturer of hygiene, beauty and health, and chemical products. The company's skin and hair care brands like Jergens, Curél, Bioré, Guhl, and John Frieda are recognised around the world for their innovation and quality. Kao's London-based boutique brand, Molton Brown, offers luxury beauty products, which are found in selected locations like high-end department stores and travel retail, as well as five-star hotels around the world. During the financial year 2021, the company recorded a net income of JPY 111.4 billion.
Galaxy Surfactants is a leading manufacturer of specialised ingredients based out of Navi Mumbai in Maharashtra. It caters to the personal and home care industries with five manufacturing plants located in India and an additional plant in Egypt. With offices in India, Thailand, Turkey, and the United States, the company has a customer reach in over 100 countries. Galaxy Surfactants is popularly known for manufacturing a wide range of speciality chemicals such as surfactants, rheology modifiers, conditioning agents, blends based on custom concepts, proteins, and quats for personal care.
Taiwan NJC Corporation manufactures a variety of chemical products. The company holds a core philosophy of ‘green, high quality life’ and has produced a variety of green products. Some of its well-known products are surface-active agents used to manufacture powdered detergent, liquid detergent, lime soap dispersant, carpet detergent, kitchen cleansers, personal care products, and industrial chemicals. Taiwan NJC serves downstream users internationally and is ISO certified with additional safety management system certificates.
Based out of Germany, BASF is a multinational chemical company and is one of the largest chemical producer around the globe. The BASF Group comprises of its subsidiaries and joint ventures in more than 80 countries, with operations across six integrated production sites, and a total of 390 other production sites spread across Asia, Europe, Australia, the Americas and Africa. The product portfolio of BASF is organised into six segments: industrial solutions, surface technologies, chemicals, materials, nutrition and care, and agricultural solutions. With an employee base of around 1,11,000, BASF recorded a revenue of EUR 78.6 billion in 2021.
Alpha Chemicals Pvt. Ltd is an Indian manufacturer of different kinds of pharmaceutical chemicals. The company is involved in the manufacturing, importing, exporting, and trading of superior quality surfactants for pharmaceutical and personal care applications. The product portfolio of the company comprises of water treatment chemicals, textile chemicals, fatty alcohol ether sulphate, foaming agents, and hair care products like shampoos and conditioners, among several other products.
|Headquarters:||Illinois, United States|
Stepan Company (NYSE: SCL) is a manufacturer of speciality chemicals. The company is a leading producer of surfactants, which is a key ingredient for many consumer products like hard surface cleaners, laundry detergents, shampoos, disinfectants, and body washes, among others. The company also offers customised solutions for the oilfield, agricultural, and construction industries. In addition, Stepan is a leading producer of polyurethane polyols used in thermal insulation applications, and edibles like high quality esters which are used in the pharmaceutical, medical, and nutrition sectors.
|Headquarters:||Velvety, Czech Republic|
Enaspol a. s. is a traditional chemical company, based out of the Czech Republic. It is known for the production of intermediate and performance chemicals. It is a leading producers of surface-active agents (surfactants) and chemical auxiliaries in Europe. It caters to various industries including personal care, home care, and industrial cleaning applications. In addition, the company also serves the construction industry by producing construction chemicals. At present, Enaspol actively supplies to more than 30 countries in Europe and Asia.
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