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North America was one of the key markets for sodium lauroyl isethionate in the historical period of 2016-2020. This can be correlated to the growth of the personal care sector in the region. Presently, the Asia Pacific is emerging as a significant market for sodium lauroyl isethionate as the region attracts a large number of consumers of skincare and hair care products due to the growing consumer hygiene consciousness. Further, the regional growth is being aided by the changing lifestyle habits among the consumers and the subsequent growth in demand for personal care products. In addition, certain factors affecting the booming market growth in the Asia Pacific region are inflating disposable income, enhanced standard of living, and rapid urbanisation.
The global market for sodium lauroyl isethionate is witnessing a high degree of competition among the operating players. The market is dominated by players like Galaxy Surfactants Limited and Jilin Aegis Chemical Co. Ltd. In 2018, Galaxy Surfactants Limited (NSE: GALAXYSURF), one of the leading players in the industry received the ‘ICIS innovation award’ for best process innovation for manufacturing surfactants used in personal care products. Such inventions and innovations by the major companies are expected to propel the market growth of sodium lauroyl isethionate worldwide. The market is also expected to be propelled by the expanding online retail channels for personal care products like Amazon (NASDAQ: AMZN), which is projected to propel the demand for sodium lauroyl isethionate.
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The major players in the global sodium lauroyl isethionate market are Galaxy Surfactants Limited, Innospec Performance Chemicals, and Jilin Aegis Chemical Co. Ltd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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