GVR Report cover Soap Noodles Market Size, Share & Trends Report

Soap Noodles Market Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

  • Report ID: GVR2605
  • Number of Pages: 0
  • Format: Electronic (PDF)
  • Historical Data: ---
  • Industry: Research

The global soap noodles market is expected to grow over the forecast period owing to its increasing demand in soap industry. The product is used in the production of household and toilet soaps as a base material with addition of signature fragrance, pigments, and other additives in application industries. Depending on the qualities such as color, fatty acid, and water content, the prices of the product vary greatly across the globe.

It is a small noodle-shaped product formed by the reaction of sodium hydroxide and palm-based fatty acids/tallow. A typical blend of the product comprises varying percentages of palm oil and kernel or coconut oil such as 80:20, 70:30, 60:40, and 90:10. However, 80% palm oil and 20% palm kernel or coconut oil is commonly used in industries owing to the proper balance of lather, rate of cleaning ability, and hardness. Thus, the product demand is likely to remain high over the forecast period. Moreover, growth of end-use industries is expected to fuel the demand for the product expansion over the next seven years.

The product is generally available in four types, palm fatty acid noodles (PFA), palm oil saponification noodles (POS), tallow fatty acid noodles (TFA), tallow oil saponification noodles (TOS) depending upon their method of synthesis and raw materials. Asia and West Europe dominate POS noodles market, whereas, North and South America are the major regions for TFA and TOS market.

In Asia, the product is mainly manufactured from palm oil blended with either palm kernel oil or coconut oil. In China, the product is made from animal fats (tallow), palm oil, or a blend of both. Asia Pacific, North America, and Europe are expected to be the largest manufacturers for the product over the forecast period owing to the rapid development in the soap noodles industry.

India, Malaysia, Indonesia, and Philippines have rising demand for PFA and POS products owing to abundant availability of palm and other vegetable oils. In addition, the product is growing much faster in developing countries including India and China and is expected to fuel soap noodles market over the forecast period.

Malaysia and Indonesia are the largest manufacturers of the product followed by countries including India, Brazil, and Southern Europe. Major producing countries of the product include Ethiopia, India, Argentina, Republic of Korea, and Turkey with key soap noodles market players being Hasel Soap & Cosmetic Co., Royal Chemicals, HUD Ltd., Olivia Impex Pvt. Ltd., Excel Rasayan Private Ltd., Jac Innovation, Kerawalla Group, and Deeno Group from across the globe.

Products containing coconut oil or kernel oil have huge demand from Southeast Asia, while in China they are generally manufactured using tallow as raw material. Rise in PFA is expected to drive the demand for the product in developed regions including the U.S. and the UK owing its superior quality. Although, higher cost of PFA noodles is likely to hamper its demand in some regions such as Asia.

The product can be classified into three categories including household (laundry, toilet), industrial, and special soap, where the consumption of special and industrial soap is limited. Special soap is used primarily in shampooing and medical purposes, whereas industrial soap is employed in the textile industries.

Growing demand of the product in end-use industries is expected to propel the demand over the forecast period. The product is both Halal and Kosher certified due to its organic origin such as RBD palm kernel oil, RBD palm oil, and coconut oil. As a result, it is expected to increase the product demand over the forecast period.

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