Soap Noodles Market Research Report- Forecast to 2027

Soap Noodles Market Research Report: by Source (Vegetable Oil, Tallow), by Application (Household Use, Special Purpose Soaps, Industrial Use), and Region - Forecast till 2027

ID: MRFR/CnM/0589-HCR | February 2021 | Region: Global | 138 pages

Soap Noodles Market Overview:


Soap Noodles Market is slated to reach USD 1,217.0 Million by 2027 registering a CAGR of 3.0% from 2020-2027.

Soap noodles are formed by amalgamating different oils obtained from both animal fats and vegetables. They are sodium salts of fatty compounds and are formed by the technique of saponification. Soap noodles’ chemical composition includes the mixing of palm oil and coconut oil in the ratio of 80:20. Other blending ratios can be 70:30, 60:40, or 90:10. The soap noodles manufacturing process begins with the saponification of fatty or oil compounds. It then forms a non-combative mixture of fatty acids that are further processed with fatty methyl esters. A good soap noodle forms the right amount of lather, does not erode easily, is less harsh, and has good cleaning properties.


Competitive Landscape


The list of major global soap noodles market key players involved in data analysis of the soap noodles market is as follows:



  • Olivia Impex Pvt Ltd (India)

  • Kerawalla Group (India)

  • Excel Rasayan (India)

  • IOI Oleochemicals (Malaysia)

  • Deeno Group (U.S.)

  • Wilmar International Ltd. (Singapore)

  • VVF Ltd (India), 3F GROUP (India)

  • Musim Mas Holdings (India)

  • Oleochemicals

  • Jocil Limited

  • KLK Oleo

  • Timur Oleochemicals Malaysia

  • EVYAP-OLEO

  • John Drury & Co Ltd

  • M Bedforth & Sons

  • Rubia Industries Limited

  • Olivia Impex Private Limited.


The above-listed companies come together in joint ventures, mergers and, acquisitions to launch new devices and products. Their main objective is to deliver cost-effective goods, adds quality to the standard of living of the people, and have effective cleaning results. With advanced technologies, the key players are focusing on developing specialized soap noodles to meet the specific needs of their consumers.


 Covid19 Analysis


People across the globe are suffering from the covid19. It has adversely affected the functioning of all the industries, except for the pharmaceutical industry. Soap industry statistics reveal that the business houses were halted owing to the complete lockdown situation across the globe. The manufacturing was stopped for a certain period. Although, it was observed that there was a sudden increase in demand for cleaning soaps and detergents.


Washing of hands and other goods that were brought home from outside was washed off more often than usual. It increased in demand for medicated soaps. It, thus, increased the soap noodles market share.


Market Dynamics


Drivers


The technique of saponification used in developing soap noodles is very cost-effective. This process has dominated the soap noodles market till the year 2018. New processes are being evolved daily that becomes the major driving factor for the soap noodles industry. Soap noodles are used in industrial washes as well. Their demand is increasing with every passing day. Herbal and medicated soaps are very popular in soap noodles market analysis.


Opportunities


Every nation has its major key players owing to the increasing demand for soap noodles. The plentiful availability of palm and kernel oil acts as an opportunity for soap noodles manufacturers. By using different ratios of combinations new toilet soaps, cleaning soaps, as well as, bathing soaps are being manufactured by the companies.


Restraints


The increased use of soap gels, bathing gels, dishwashing gels is leaving the soap noodles market trends dropping. As the gels are easy to use and have a high detergency level, they have captured a large soap noodles market share. Soap noodles suppliers are largely affected by the increasing demands for these gels.


Value Chain Analysis


The soap noodles market is largely run on the availability of palm oil. The price of palm oil keeps on fluctuating due to its production. It eventually affects the soap noodles price. The key players are trying to procure and manufacture palm oil at lower prices so that the ultimate price of production of soap noodles can be lowered. The harshness of the soap is also taken care of. The detergency and lather forming qualities are all dependent upon how the soap noodles were processed.


The Global Soap Noodles market share by application


 soap noodles market


Source: MRFR analysis


Market Segmentation


The global soap noodles market can be divided into various segments. These are: based on source, based on processes, and based on application.


Based on source


Vegetable oil and Tallow are the two major raw materials used in the production of soap noodles. Palm oil, palm kernel oil, and coconut oil are the primary sources used in Southeast Asia. It has dominated the market until the year 2018. Production from tallow or animal fat is currently being used by China and Japan. Tallow is present at a cheaper rate than palm oils.


Based on process


The most commonly used method for manufacturing soap noodles is Saponification Route and Fatty Acid Route. More than 70% of manufacturers of soap noodles commonly invest in the saponification route. The fatty acid route is a bit complex and less cost-effective.


Based on application


Soap noodle market analysis shows that several kinds of soaps are being produced to meet the demand of the consumers. The consumers vary from the local household to a large-scale chemical industry. Some of the end products manufactured by soap noodles manufacturer are as follows: Personal hygiene soap, household use soaps, Laundry and cleaning soap, Multi-purpose soap, Industrial soaps, and others.


Regional Analysis


Soap noodles market size is increasing with every passing day. It is leaving its impression in every corner of the world. The regions where they are operating include America, Europe, Asia-pacific, and the rest of the world.


Asia-Pacific region, which includes China, Japan, India, Australia, and South Korea, is a huge market for the production of soap noodles. It owns to the fact that soap noodles are consumed largely in every household of this region. These are also manufactured for industrial use as well as for producing special-purpose aromatherapy soaps. The process of production used is eco-friendly and is done with the help of less hazardous products.  Soap noodles market share in India is very large. Malaysia and Indonesia are the biggest manufacturers in this region.


America, which includes the area of North America (the US and Canada) and Latin America, is growing its market share of the soap noodles industry. This is because of the increase in industries and industrial requirements for soap noodles. It is expected to grow double folds throughout the forecasted period.


The European region which includes Germany, UK, France, Russia, and Italy, is rapidly increasing because of the rise in the standard of living of people. Adapting to healthy and clean living has propelled the soap noodles market.


The rest of the world, which includes regions of the Middle East and Africa, is showing constant but slow growth. It will grow because of the demand for herbal and scented products, moisturizing soaps, and others.


Recent Developments



  • Hindustan Unilever is outsourcing soap noodles, which are made from the tallow from Indonesia, for the production of their white soaps. These are high-quality soaps that are demanded worldwide.

  • In October of the year 2017, Kuala Lumpur Kepong Bhd (KLK) plowed a huge lump of money into the Research & Development of fatty methyl esters plant. This will eventually bring to light some more efficient methods of production.

  • Evyap-oleo has set up a huge soap noodle manufacturing hub in Pasir Gudang, Malaysia. Here the soap noodles are manufactured from the fatty acid route. They are minimizing the usage of animal fat and vegetable oils. This new venture gave them a business of around USD 200 million.

  • The market of soap noodles manufactured from the fatty acid routes is continuously expanding in the geographic areas of Japan, Europe, and United States.

  • Wilmar, KLK, Musim Mas, and others are switching from vegetable oil production to fatty acids. This is because of the fluctuating price of palm oil.


Report Overview


This market research report of soap noodles market includes the following elements:



  • Market Overview

  • COVID19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


Soap noodles are formed by amalgamating different oils obtained from both animal fats and vegetables. They are sodium salts of fatty compounds and are formed by the technique of saponification. The plentiful availability of palm and kernel oil acts as an opportunity for soap noodles manufacturers. The most commonly used method for manufacturing soap noodles is Saponification Route and Fatty Acid Route. The key players are trying to procure and manufacture palm oil at lower prices so that the ultimate price of production of soap noodles can be lowered.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 1,217.0 Million
  CAGR   3.0% (2020–2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Source, By Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Olivia Impex Pvt Ltd (India), Kerawalla Group (India), Excel Rasayan (India), Royal Chemicals (India), IOI Oleochemicals (Malaysia), Deeno Group (U.S.), Wilmar International Ltd. (Singapore), VVF ltd (India), 3F GROUP (India), and Musim Mas Holdings (India)
  Key Market Opportunities

  • Composition
  • High quality,
  • Exceptional detergency
  • Ease of application
  • Bio-compatible nature

    		•
      Key Market Drivers   Herbal soaps and aromatherapy soaps is likely to be the major driver.


    Frequently Asked Questions (FAQ) :

    Soap noodles are a feedstock for soap production, produced by the saponification reaction from vegetable oils and animal fat. They are formed as a salt of the fatty acids.

    Soap noodles offer consistent composition, high detergency, ease of application, and biocompatibility.

    The leading application segments of the soap noodles market include household, special purpose soaps, industrial use, and others. The household segment holds the leading share in the market.

    The growing demand for special purpose soaps such as herbal soaps and aromatherapy soaps is likely to be the major driver for the global soap noodles market over the forecast period.

    Leading players in the soap noodles market include Wilmar International Ltd., Kerawalla Group, Olivia Impex Pvt. Ltd., Royal Chemicals, 3F Group, and VVF Ltd.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Porter’s Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Soap Noodles Market

    5 Industry Overview of Global Soap Noodles Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global Soap Noodles Market by Source

    7.1 Introduction

    7.2 Vegetable oil

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Tallow

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    8. Global Soap Noodles Market by Application

    8.1 Introduction

    8.2 Household use

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Special purpose soaps

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Industrial use

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Others

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    9. Global Soap Noodles Market by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020-2027

    9.2.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.5 Canada

    9.2.5.1 Market Estimates & Forecast, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.6 Mexico

    9.2.6.1 Market Estimates & Forecast, 2020-2027

    9.2.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.7 U.K

    9.3.7.1 Market Estimates & Forecast, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.8 Rest of Europe

    9.3.8.1 Market Estimates & Forecast, 2020-2027

    9.3.8.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.4 Asia Pacific

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.5 India

    9.4.5.1 Market Estimates & Forecast, 2020-2027

    9.4.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.7 Rest of Asia Pacific

    9.4.7.1 Market Estimates & Forecast, 2020-2027

    9.4.7.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.5 The Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.4 Saudi Arabia

    9.5.4.1 Market Estimates & Forecast, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.5 Qatar

    9.5.5.1 Market Estimates & Forecast, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020-2027

    9.5.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020-2027

    9.5.7.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.8 Rest of the Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020-2027

    9.5.8.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020-2027

    9.6.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020-2027

    9.6.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.6 Rest of Latin America

    9.6.6.1 Market Estimates & Forecast, 2020-2027

    9.6.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

    10. Company Landscape

    11. Company Profiles

    11.1 Olivia Impex Pvt Ltd

    11.1.1 Company Overview

    11.1.2 Source/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Kerawalla Group

    11.2.1 Company Overview

    11.2.2 Source/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Excel Rasayan

    11.3.1 Company Overview

    11.3.2 Source/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Royal Chemicals

    11.4.1 Company Overview

    11.4.2 Source/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 IOI Oleochemicals

    11.5.1 Company Overview

    11.5.2 Source/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Deeno Group

    11.6.1 Company Overview

    11.6.2 Source/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 Wilmar International Ltd

    11.7.1 Company Overview

    11.7.2 Source/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 VVF ltd

    11.8.1 Company Overview

    11.8.2 Source/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 3F GROUP

    11.9.1 Company Overview

    11.9.2 Source/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Musim Mas Holdings

    11.10.1 Company Overview

    11.10.2 Source/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    11.11 Jocil Limited

    11.11.1 Company Overview

    11.11.2 Source/Business Segment Overview

    11.11.3 Financial Updates

    11.11.4 Key Developments

    11.12 Adani Wilmar Ltd.

    11.12.1 Company Overview

    11.12.2 Source/Business Segment Overview

    11.12.3 Financial Updates

    11.12.4 Key Developments

    11.13 Triveni chemicals

    11.13.1 Company Overview

    11.13.2 Source/Business Segment Overview

    11.13.3 Financial Updates

    11.13.4 Key Developments

    11.14 Shree Chem Exports Private Limited

    11.14.1 Company Overview

    11.14.2 Source/Business Segment Overview

    11.14.3 Financial Updates

    11.14.4 Key Developments

    11.15 Akshar Exim Company Private Limited

    11.15.1 Company Overview

    11.15.2 Source/Business Segment Overview

    11.15.3 Financial Updates

    11.15.4 Key Developments

    12 Conclusion

    LIST OF TABLES

    Table 1 World Population by Major Regions (2017 to 2030)

    Table 2 Global Soap Noodles Market: By Region, 2020-2027

    Table 3 North America Soap Noodles Market: By Country, 2020-2027

    Table 4 Europe Soap Noodles Market: By Country, 2020-2027

    Table 5 Asia Pacific Soap Noodles Market: By Country, 2020-2027

    Table 6 The Middle East & Africa Soap Noodles Market: By Country, 2020-2027

    Table 7 Latin America Soap Noodles Market: By Country, 2020-2027

    Table 8 Global Soap Noodles by Source Market: By Regions, 2020-2027

    Table 9 North America Soap Noodles by Source Market: By Country, 2020-2027

    Table10 Europe Soap Noodles by Source Market: By Country, 2020-2027

    Table11 Asia Pacific Soap Noodles by Source Market: By Country, 2020-2027

    Table12 The Middle East & Africa Soap Noodles by Source Market: By Country, 2020-2027

    Table13 Latin America Soap Noodles by Source Market: By Country, 2020-2027

    Table14 Global Soap Noodles by Application Market: By Regions, 2020-2027

    Table15 North America Soap Noodles by Application Market: By Country, 2020-2027

    Table16 Europe Soap Noodles by Application Market: By Country, 2020-2027

    Table17 Asia Pacific Soap Noodles by Application Market: By Country, 2020-2027

    Table18 The Middle East & Africa Soap Noodles by Application Market: By Country, 2020-2027

    Table19 Latin America Soap Noodles by Application Market: By Country, 2020-2027

    Table20 Global Source Market: By Region, 2020-2027

    Table21 Global Application Market: By Region, 2020-2027

    Table22 North America: Soap Noodles Market, By Country

    Table23 North America: Soap Noodles Market, By Source

    Table24 North America: Soap Noodles Market, By Application

    Table25 Europe: Soap Noodles Market, By Country

    Table26 Europe: Soap Noodles Market, By Source

    Table27 Europe: Soap Noodles Market, By Application

    Table28 Asia Pacific: Soap Noodles Market, By Country

    Table29 Asia Pacific: Soap Noodles Market, By Source

    Table30 Asia Pacific: Soap Noodles Market, By Application

    Table31 The Middle East & Africa: Soap Noodles Market, By Country

    Table32 The Middle East & Africa: Soap Noodles Market, By Source

    Table33 The Middle East & Africa: Soap Noodles Market, By Application

    Table34 Latin America: Soap Noodles Market, By Country

    Table35 Latin America: Soap Noodles Market, By Source

    Table36 Latin America: Soap Noodles Market, By Application

    LIST OF FIGURES

    FIGURE 1 Global Soap Noodles market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Soap Noodles Market

    FIGURE 4 Value Chain of Global Soap Noodles Market

    FIGURE 5 Share of Global Soap Noodles Market in 2020, by country (in %)

    FIGURE 6 Global Soap Noodles Market, 2020-2027,

    FIGURE 7 Sub segments of Source

    FIGURE 8 Global Soap Noodles Market size by Source, 2020

    FIGURE 9 Share of Global Soap Noodles Market by Source, 2020-2027

    FIGURE 10 Global Soap Noodles Market size by Application, 2020

    FIGURE 11 Share of Global Soap Noodles Market by Application, 2020-2027