SodiumMethyl Cocoyl Taurate: Introduction
· Sodium methyl cocoyl taurate is the salt of the coconut fattyacid amide of N-methyltaurine. It is a soft white paste and is derived fromcoconut. Widely cultivated, healthy coconut palms produce 50 nuts per year, andthis coconut tree can be employed to produce a wide range of products from foodand drink to fibers, building materials, and natural ingredients.
· Sodium methyl cocoyl taurate is a surfactant that allows waterand oil to mix, allowing things to become clean. It also acts as a foamingagent. It can be found in hundreds of personal care products such as shampoo,facial cleanser, body wash, acne treatments, toothpaste, hand soap, sanitizerand other products.
· Sodium methyl cocoyl taurate is manufactured by reactingtaurine, N-methyltaurine, or a taurate salt with a coconut fatty acid.Typically, this process involves heating coconut acid, sodium methyltauratesolution and boric acid to 200 degrees Celsius, while stirring with asubsurface nitrogen purge. This distills off water. Subsequently, stirringoccurs under lower heat and lower pressure. It is then cooled. The result is awaxy solid that is ground into a powder.
· Sodium methyl cocoyl taurate is extensively utilized as asurfactant and cleanser. Furthermore, it is a good alternative to harshsilicones. The Cosmetics Ingredient Review has deemed the ingredient safe foruse in cosmetic products when formulated to be non-irritating.
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Key Drivers and Restraints of Global Sodium Methyl CocoylTaurate Market
· Rapid increase in the demand for premium quality cosmetic &personal care products, such as shampoo, facial cleanser, body wash, acnetreatments, toothpaste, hand soap, sanitizer, anti-aging, anti-wrinkle creams,face washes, owing to presence of large geriatric population in the world, isexpected to fuel the demand for sodium methyl cocoyl taurate globally.Significant expansion of the tourism sector across the globe has promptedmanufacturers to develop new and unique beauty & personal care marketproducts, which in turn is expected to propel the demand for sodium methylcocoyl taurate globally. New innovations by leading cosmetic companiesworldwide by addition of antipollution ingredients with antioxidant complexesto improve product quality are further anticipated to drive the globalsodium methyl cocoyl taurate market.
· Online distribution network is expanding at a significant pacefor cosmetics & personal care products along with enhanced consumerawareness about product ingredients is offering significant opportunities forthe sodium methyl cocoyl taurate industry. A long-term positive impact iscreated due to modifications in regulations pertaining to synthetic cosmeticingredients. Regional production of sodium methyl cocoyl taurate derivativescoupled with a significant rise in market competitiveness is also projected tooffer considerable opportunities to manufacturers. This, in turn, isanticipated to drive the global sodium methyl cocoyl taurate market during theforecast period.
SodiumMethyl Cocoyl Taurate Market: Application Segment
· Based on application, the global sodium methyl cocoyl tauratemarket can be segmented into skin care products and hair care products, andothers
· The skin care products segment is estimated to expand at asignificant pace. Skin care products such as cleansers, moisturizing cream,lotions, sunscreen, and bath products, utilize sodium methyl cocoyl taurate.Consequently, the segment is projected to expand significantly during theforecast period, which would have a positive impact on the global sodium methylcocoyl taurate market.
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Covid-19 Impact on Sodium Methyl Cocoyl Taurate Market
· Several governments and private sector businesses are operatingat limited capacity or have ceased operations completely due to recent eventssurrounding the COVID-19 pandemic. Manufacturing of goods across the globe cameto a halt due to the unavailability of raw materials, shortage of labor, andother reasons. Thus is expected to hamper the sodium methyl cocoyl tauratemarket to some extent.
· The COVID-19 pandemic has had a swift and severe negative impacton the globally integrated industry such as the cosmetic and personal caresector by hampering the supply chain significantly. It is also expected tohamper manufacturing, distribution, and supply of sodium methyl cocoyl taurateconsiderably.
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Asia Pacific to be a Key Market for Sodium Methyl Cocoyl Taurate
· In terms of region, the global sodium methyl cocoyl tauratemarket can be divided into North America, Europe, Asia Pacific, Latin America,and Middle East & Africa
· Asia Pacific and Europe are highly active markets in terms ofstrategic initiatives, owing to their emerging and mature market demand,respectively. Rise in application of sodium methyl cocoyl taurate and increasednumber of domestic players in vertical market segments, such as skin and haircare product applications, are key factors boosting the market in theseregions.
· In terms of demand, Asia Pacific accounts for a notable share ofthe global market, followed by North America and Europe. Expansion of theconsumer goods industry, particularly in North America and Europe, is projectedto fuel the sodium methyl cocoyl taurate market in these regions.
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Key Manufacturers Operating in Global Sodium Methyl CocoylTaurate Market
The globalsodium methyl cocoyl taurate market was highly fragmented in 2019. Majorplayers have prominent presence in developing countries. Key manufacturersoperating in the global sodium methyl cocoyl taurate market include:
· Taiwan NJC
· Croda
· Galaxy Surfactants
· Foshan Hytop New Material
· Clariant
· Nikkol
· Jarchem Industries
· Protameen Chemicals
· Innospec
· The Herbarie
