Cocamide Diethanolamine Market size is expected to reach USD 485 Million by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of cocamide DEA was over USD 270 Billion. The world market for cocamide DEA is expected to benefit from the expanding healthcare sector worldwide. The demand for cocamide DEA is predicted to rise as a result of growing spending on topical and dermatological treatments and lotions, which is expected to grow the personal care and beauty products sector. Worldwide, the beauty sector brings in about USD 100 billion in income. Retailers of cosmetics report USD 17.09 billion in sales on the internet.
In addition to these, Key significant manufacturers and highly classified production facilities are projected to be among the development factors driving the global cocamide diethanolamine market in developed economies like the U.S., Germany, the UK, and France. However, developing nations like China, India, Mexico, the Middle East, and Africa are predicted to have rapid expansion in the market.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~ 5% |
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Base Year Market Size (2023) |
~ USD 270 Million |
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Forecast Year Market Size (2036) |
~ USD 485 Million |
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Regional Scope |
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End Use (Personal Care Products, Cosmetics, Household Detergents)
Based on end use, the personal care products segment is anticipated to hold 50% share of the cocamide diethanolamine (CDEA) market by 2036. Diethanolamine is mostly consumed by the personal care segment, which also generates the majority of the chemical's demand and is anticipated to propel the worldwide market. It is primarily utilized to make the long-chain fatty acid salts known as diethanolamine and diethanolamines, which are then processed into soaps and surfactants that are used in liquid dishwashing and laundry detergents, shampoos for cosmetics, and conditioners for hair. The market for dishwashing liquid was estimated to be worth 18 billion dollars worldwide in 2019. Free Diethanolamine can occasionally be found in shampoos and hair dyes as an ingredient or as a contaminant of fatty acid alkanolamides, this is usually found in the range of 0.2-10%.
Purity (<99%, 99%)
Based on purity, the 99% segment in the cocamide diethanolamine market is predicted to hold 55% of the revenue share by 2036. This kind is thought to be safe for human usage and is devoid of poisons or dangerous compounds. It is frequently found in personal hygiene items including skin creams, shampoos, and soaps. It is also utilized in industrial applications and for everyday product washing. 25.54 million Americans used moisturizer, cream, or lotion on their faces at least 14 times a week in 2020, according to this study.
Our in-depth analysis of the global cocamide diethanolamine market includes the following segments:
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Form |
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Purity |
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Functionality |
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End Use |
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APAC Market Forecast
The cocamide diethanolamine market is attributed to hold the largest revenue share of about 35% during the forecast period. One of the main drivers of the market expansion is the extensive usage of cocamide diethanolamine in the cosmetics sector. The product's superior foaming ability and its application as an emulsifying agent, particularly in the pharmaceutical and personal care sectors, are driving the market's expansion. Furthermore, companies are being forced to embrace cocamide diethanolamine due to the increasing globalization and fast-changing cocamide diethanolamine market conditions. Diethanolamine is an ethanolamine molecule that is widely used in personal care and cosmetic products as well as the pharmaceutical industry. Diethanolamine also finds application in the oil and gas, agricultural, construction, and other sectors as a gas treatment agent, corrosion inhibitor, reactive agent, and surfactant. Furthermore, the National Economic and Social Development Council (NESDC) reports that public sector spending increased by 5.0% in 2020 compared to 3.1% in 2019 and that overall construction spending in Thailand increased by 1.5% to THB1.321 trillion.
North American Market Statistics
The cocamide diethanolamine (CDEA) market is estimated to hold second second-largest revenue share of about 28% during the forecast period. Growing consumer demands for cosmetic and skincare items as well as shifting consumer preferences are having an impact on the market. The substantial output levels and export potential of areas such as North America. The rising demand for cosmetics and personal hygiene products is predicted to propel North America to take the lead.
Author Credits: Smruti Ranjan, Rajrani Baghel
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