In Q1 and Q2 2023, the cocamidopropyl betaine market in Asia experienced fluctuating prices due to unpredictable overall market conditions and reduced demand combined with surplus coconut stockpiles affecting feedstock prices. European cocamidopropyl betaine prices were influenced by high production rates stemming from favorable climate conditions in Q1, with a slight increase due to feedstock costs. However, Q2 saw declining prices due to low inquiries and weak trading sentiment. In North America, oscillating demand from downstream industries caused price fluctuations. While a decline in imports led to a brief Q1 price increase, declining imports, lower crude oil costs, and higher interest rates led to Q2 price declines.
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Definition
Cocamidopropyl betaine is a surfactant and amphoteric compound derived from coconut oil. It serves as a foaming and cleansing agent in various personal care and household products, such as shampoos, body washes, and liquid soaps. This compound exhibits mildness on the skin and is known for its ability to create stable foam and improve product viscosity. Cocamidopropyl betaine possesses both hydrophilic (water-attracting) and lipophilic (oil-attracting) properties, making it effective for removing dirt, oils, and impurities from the skin and hair while maintaining a gentle cleansing experience.
Key Details About the Cocamidopropyl Betaine Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Cocamidopropyl Betaine in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Cocamidopropyl Betaine Price chart, including India Cocamidopropyl Betaine price, USA Cocamidopropyl Betaine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Cocamidopropyl Betaine Price Trend:
Cocamidopropyl betaine finds widespread industrial use in the personal care and household product sectors. As a versatile surfactant, it’s a key ingredient in shampoos, conditioners, body washes, and liquid soaps, creating a rich and stable lather for effective cleansing. Its gentle nature makes it suitable for sensitive skin and hair products. In skincare formulations, it contributes to mild cleansing and foaming properties. Additionally, cocamidopropyl betaine is utilized in various cleaning products like dishwashing liquids and surface cleaners for its ability to remove dirt and grease. Its multifunctional properties have established it as a essential component in modern cleaning and personal care products.
Key Players:
- Unilever PLC
- Evonik Industries AG
- Kao Corporation
- EOC Group
- Stepan Company
- Miwon Commercial Co Ltd
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