Market Overview:
The global sodium pyrrolidone carboxylate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cosmetic and personal care products, and the growing awareness about the benefits of using sodium pyrrolidone carboxylate in these applications. In terms of type, the industrial grade segment is expected to lead the global sodium pyrrolidone carboxylate market during the forecast period, followed by the cosmetic grade segment. The industrial grade segment is projected to grow at a CAGR of 5.8% during 2018-2030, while that for Cosmetic Grade would be 4%.
Product Definition:
Sodium pyrrolidone carboxylate is a white crystalline powder that is soluble in water and ethanol. It is used as a humectant, solvent, and preservative in cosmetics and personal care products.
Industrial Grade:
Industrial grade is a high purity, dry and free-flowing powder made from sodium pyrrolidone carboxylate. It has the highest purity level of any commercial product. Industrial grade can be used in multiple applications such as paints & coatings, adhesives & sealants, plastics processing and printing inks among others.
Cosmetic Grade:
Cosmetic grade is a term used for industrial products that are intended for use in personal care and cosmetic products. They are characterized by their usage as ingredients or additives in cosmetics, skincare, hair care, and oral care products.
Application Insights:
The other application segment accounted for the largest share of more than 50% in 2017. The product is widely used in various industries including water treatment, metal plating, wood preservation and paper pulp bleaching. It is also employed as a mordant in the leather industry to improve the final color of tanned hides. Increasing demand for biodegradable cleaners will drive this segment over the forecast period.
Rising awareness regarding environment protection coupled with increasing regulations concerning disposal of toxic waste will encourage manufacturers to use sodium hydroxide instead of traditional cleaning agents such as hydrochloric acid or sulfuric acid which are highly corrosive and toxic respectively. This factor along with rising consumer preference for natural ingredients based cosmetics should act as a major driver for market growth over the next few years especially during 2018-2030 period considering regulatory support towards green cleaning products across various countries globally including U.S., China, India and Germany where applicable standards have been set by government agencies like EPA (U.
Regional Analysis:
Asia Pacific sodium pyrrolidone carboxylate market led the global industry and accounted for over 40% of the total revenue in 2016. The region is expected to witness significant growth on account of increasing demand from various end-use industries, such as cosmetics, personal care products and pharmaceuticals. This can be attributed to rising disposable income levels coupled with growing population in countries such as China, India and Japan.
The presence of a large number of manufacturers coupled with low manufacturing costs has attracted major players to set up their production facilities in this region which will further boost product consumption over the forecast period. In addition, favorable regulations aimed at promoting exports are anticipated to propel regional market development over the next eight years.
Europe was estimated as being second largest after Asia Pacific by revenue generation owing to high demand from end-use industries along with increased R&D activities related to cosmetic formulations across several countries including Germany, U K.
Growth Factors:
- Increasing demand for Sodium Pyrrolidone Carboxylate in various end-use industries such as automotive, textiles, and construction owing to its excellent properties such as high solubility, thermal stability, and corrosion resistance.
- Rising demand for Sodium Pyrrolidone Carboxylate from emerging countries due to the growth of their economies and the increasing purchasing power of consumers.
- Growing awareness about the benefits of using Sodium Pyrrolidone Carboxylate among consumers is expected to boost its demand over the forecast period.
- Technological advancements in production processes are projected to result in lower production costs of Sodium Pyrrolidone Carboxylate over the forecast period, thereby resulting in an increase in its adoption across various industries worldwide. 5) The increasing use of sodium pyrrolidone carboxylate as a coupling agent for epoxy resins is anticipated to fuel market growth during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Pyrrolidone Carboxylate Market Research Report
By Type
Industrial Grade, Cosmetic Grade
By Application
Cosmetic, Personal Care Products, Other
By Companies
SOHO ANECO Chemicals, Huzhou Ouli Biotechnology, R.I.T.A, Solabia, Jarchem Industries, Samboo Biochem, Lincoln Fine Ingredients, Protameen Chemicals, Kalichem, Ajinomoto
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Pyrrolidone Carboxylate Market Report Segments:
The global Sodium Pyrrolidone Carboxylate market is segmented on the basis of:
Types
Industrial Grade, Cosmetic Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetic, Personal Care Products, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SOHO ANECO Chemicals
- Huzhou Ouli Biotechnology
- R.I.T.A
- Solabia
- Jarchem Industries
- Samboo Biochem
- Lincoln Fine Ingredients
- Protameen Chemicals
- Kalichem
- Ajinomoto
Highlights of The Sodium Pyrrolidone Carboxylate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Cosmetic Grade
- By Application:
- Cosmetic
- Personal Care Products
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sodium Pyrrolidone Carboxylate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sodium pyrrolidone carboxylate is a white to off-white crystalline powder with a slightly sweet odor. It is used as an excipient in pharmaceuticals and cosmetics.
Some of the major companies in the sodium pyrrolidone carboxylate market are SOHO ANECO Chemicals, Huzhou Ouli Biotechnology, R.I.T.A, Solabia, Jarchem Industries, Samboo Biochem, Lincoln Fine Ingredients, Protameen Chemicals, Kalichem, Ajinomoto.
The sodium pyrrolidone carboxylate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sodium Pyrrolidone Carboxylate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sodium Pyrrolidone Carboxylate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sodium Pyrrolidone Carboxylate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sodium Pyrrolidone Carboxylate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sodium Pyrrolidone Carboxylate Market Size & Forecast, 2020-2028
4.5.1 Sodium Pyrrolidone Carboxylate Market Size and Y-o-Y Growth
4.5.2 Sodium Pyrrolidone Carboxylate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Cosmetic Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cosmetic
6.2.2 Personal Care Products
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Pyrrolidone Carboxylate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sodium Pyrrolidone Carboxylate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Cosmetic Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cosmetic
9.10.2 Personal Care Products
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Cosmetic Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cosmetic
10.10.2 Personal Care Products
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Cosmetic Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cosmetic
11.10.2 Personal Care Products
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Cosmetic Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cosmetic
12.10.2 Personal Care Products
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Cosmetic Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cosmetic
13.10.2 Personal Care Products
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sodium Pyrrolidone Carboxylate Market: Competitive Dashboard
14.2 Global Sodium Pyrrolidone Carboxylate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SOHO ANECO Chemicals
14.3.2 Huzhou Ouli Biotechnology
14.3.3 R.I.T.A
14.3.4 Solabia
14.3.5 Jarchem Industries
14.3.6 Samboo Biochem
14.3.7 Lincoln Fine Ingredients
14.3.8 Protameen Chemicals
14.3.9 Kalichem
14.3.10 Ajinomoto
