Soap Noodles Market Research Report Information By Source (Vegetable Oil and Tallow), By Application (Household Use, Special Purpose Soaps, Industrial Use and Others), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2032.

Global Soap Noodles Market Overview

Soap Noodles Market Size was valued at USD 1.1 Billion in 2022. The Soap Noodles market industry is projected to grow from USD 1.13 Billion in 2023 to USD 1.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.00% during the forecast period (2023 - 2032). Growing spending on personal care goods and increased demand in the soap sector, are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Soap Noodles Market Trends

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  The growing internet penetration is driving the market growth

  
  

Because of their rising demand in the soap industry, the market for soap noodles is predicted to expand over the coming years. In application industries, the substance is used as a foundation material in the manufacture of dish and toilet soaps, along with the addition of brand-name scent, pigments, and other ingredients. The cost of the same product varies significantly around the world depending on factors like colour, fatty acid concentration, and water content.

It is a little product in the form of noodles that is created when sodium hydroxide reacts with palm-based fatty acids or tallow. Variable ratios of palm oil and kernel or coconut oil, such as 80:20, 70:30, 60:40, and 90:10, are commonly used in the product's blends. However, because to the ideal mix of lather, rate of cleaning ability, and hardness, 80% palm oil and 20% palm kernel or coconut oil is frequently utilised in industries. As a result, the demand for the product is anticipated to remain high. Over the next seven years, demand for the product expansion is also anticipated to be fueled by the expansion of end-use industries.

According to their technique of synthesis and raw materials, the product is typically offered in four types: palm fatty acid noodles (PFA), palm oil saponification noodles (POS), tallow fatty acid noodles (TFA), and tallow oil saponification noodles (TOS). The POS noodles market is primarily dominated by Asia and West Europe, but the TFA and TOS market is primarily dominated by North and South America.

The process of saponification used to create soap noodles is quite economical. Up until 2018, this method controlled the market for soap noodles. Daily innovation in processes serves as the main engine for the soap noodle sector. Additionally, industrial washes make use of soap noodles. Every day that goes by, their need grows. Market research on soap noodles reveals a huge need for herbal and medicinal soaps. Investments made by participants in the soap noodle market will go towards acquiring new technologies, obtaining raw materials, effective procurement and inventory management, bolstering product portfolios, and using capabilities to sustain growth in difficult economic times. Manufacturers of soap noodles and other related firms are concentrating on country-specific tactics because it is well known that the economic and social issues fluctuate significantly between various markets and nations. Thus, driving the Soap Noodles market revenue.

Soap Noodles Market Segment Insights

Soap Noodles Source Insights

The Soap Noodles market segmentation, based on source, includes Vegetable Oil and Tallow. Vegetable oil segment accounted for the largest revenue share in 2022. With the largest market share, coconut oil, palm kernel oil, and palm oil are the primary sources. The Asia Pacific region's developing nations mainly rely on palm oil for the manufacture of soap noodles. Large palm oil producers like Indonesia and Malaysia are present in the area, which has eased the supply of feedstock and contributed significantly to the market's expansion.

Soap Noodles Application Insights

The Soap Noodles market segmentation, based on application, includes Household Use, Special Purpose Soaps, Industrial Use, and Others. Household use segment dominated the Soap Noodles market in 2022. In order to meet consumer demand, a range of soaps are developed, according to a market analysis of soap noodles. Single-family households and substantial chemical businesses are both consumers. Manufacturers of soap noodles produce a variety of final goods, including laundry and cleaning soap, industrial soaps, multi-purpose soap, personal hygiene soap, and others. To make high-quality toilet soap, soap noodles with a total fatty matter (TFM) content of over 75% are usually utilised. One of the main factors influencing the sales of soap noodles is the rising public awareness of personal cleanliness in developing nations, along with greater government funding on the expanding retail sector.

Figure 1: Soap Noodles Market, by Application, 2022 & 2032 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Soap Noodles Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Soap Noodles Market dominated this market in 2022 (45.80%). This is due to the extensive production of soap noodles in various chemical businesses. Because of its great performance, biodegradability, and distinctive composition, soap noodles have become increasingly popular in countries like the United States, Canada, and Mexico. Further, the U.S. Soap Noodles market held the largest market share, and the Canada Soap Noodles market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: SOAP NOODLES MARKET SHARE BY REGION 2022 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Soap Noodles market accounted for the healthy market share in 2022. Due to the high standard of living in the area and increased health concerns, the market is expanding. These factors have also increased demand in a number of markets, such as residential use, special purpose soaps, and industrial use. Rising innovation and technological advancement in products like soap noodles and other goods are anticipated to foster growth during the forecast period in nations like the United Kingdom, Italy, Germany, and France. Further, the German Soap Noodles market held the largest market share, and the U.K Soap Noodles market was the fastest growing market in the European region.

The Asia Pacific Soap Noodles market is expected to register significant growth from 2023 to 2032. The region's expanding population has caused a jump in the demand for laundry and personal hygiene soap bars, which has helped the market for soap noodles increase. Furthermore, it is anticipated that the region's cheap access to vegetable oil and rising palm production will further fuel market expansion. While China and India are the greatest revenue-generating economies in the region, Malaysia and Indonesia are the main producers of raw materials in the area.

Additionally, increased investment in the retail sector's expansion has made it simpler to get consumer items in recent years, which will help the soap noodles market's revenue grow over the course of the projected year. The retail market in India is expected to increase from an estimated over USD 795 billion in 2017 to USD 1,250 billion by the end of 2025, making it the fifth largest destination in the world for shopping. Moreover, China’s Soap Noodles market held the largest market share, and the Indian Soap Noodles market was the fastest growing market in the Asia-Pacific region.

Soap Noodles Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Soap Noodles market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Soap Noodles industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Soap Noodles industry to benefit clients and increase the market sector. In recent years, the Soap Noodles industry has offered some of the most significant advantages to medicine. Major players in the Soap Noodles market, including Kerawalla Group, Excel Rasayan, IOI Oleochemicals, Deeno Group, Wilmar International Ltd., VVF Ltd, 3F GROUP, Musim Mas Holdings, Oleochemicals, Jocil Limited, KLK Oleo, Timur Oleochemicals Malaysia, EVYAP-OLEO, John Drury & Co Ltd, M Bedforth & Sons, Rubia Industries Limited, and Olivia Impex Private Limited, are attempting to increase market demand by investing in research and development operations.

Fast-moving consumer goods are produced and supplied by Unilever Plc (Unilever). The company's product line includes a variety of foods, beverages, home care items, cosmetics, personal care items, and vitamins, minerals, and dietary supplements. Bango, Ben & Jerry's, Hellmann's, Knorr, Magnum, The Vegetarian Butcher, Wall's, Axe, Dove, Lifebuoy, Lux, Rexona, Sunsilk, Domestos, Omo, Seventh Generation, Equilibra, Liquid I.V., and SmartyPants are just a few of the brands that it sells items under. It offers merchandise for sale to brick-and-mortar store partners, little family-run businesses, online merchants, and discount merchants. The company has operations throughout the Middle East, Africa, the Americas, Europe, and Asia-Pacific. London, England, is home to Unilever's corporate headquarters. Unilever Plc plans to spend USD 175.44 million in Sei Mangkei, North Sumatra's special economic zone (SEZ), in June 2021. With the help of technical advancement, the fast-moving consumer goods giant plans to increase the amount of oleochemical products it produces, as well as value-added goods like soap noodles and surfactants.

Manufacturers of chlor alkali and oleo chemicals are Nimir Industrial Chemicals Ltd. It generates hydrochloric acid, caustic soda, sodium hypochlorite, soap noodles, glycerin, and stearic acid. Oleo Chemicals and Chlor Alkali as well as Coating, Emulsion, and Resins make up the company's two business divisions. The segment that generates the most revenue for the corporation is Oleo Chemicals and Chlor Alkali. The board of directors of Nimir Industrial Chemicals approved two fresh capital investments in February 2021, the business claims. The first is a brand-new mill for chlorinated paraffin wax that has a facility for liquefying chlorine.

Key Companies in the Soap Noodles market include

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  Kerawalla Group

  
  


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  Excel Rasayan

  
  


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  IOI Oleochemicals

  
  


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  Deeno Group

  
  


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  Wilmar International Ltd.

  
  


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  VVF Ltd

  
  


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  3F GROUP

  
  


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  Musim Mas Holdings

  
  


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  Oleochemicals

  
  


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  Jocil Limited

  
  


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  KLK Oleo

  
  


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  Timur Oleochemicals Malaysia

  
  


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  EVYAP-OLEO

  
  


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  John Drury & Co Ltd

  
  


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  M Bedforth & Sons

  
  


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  Rubia Industries Limited

  
  


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  Olivia Impex Private Limited

  
  

Soap Noodles Industry Developments

February 2019: A "groundbreaking new soap noodle" called Syndopal was introduced by the UK-based maker of specialised ingredients, Stephenson. It is incredibly gentle and adheres to current trends in pH balance and formulation without soap. The company asserts that more than five years of research and development have produced this new product, which is a syndets market first on a scale.

Soap Noodles Market Segmentation

Soap Noodles Source Outlook

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  Vegetable Oil

  
  


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  Tallow

  
  

Soap Noodles Application Outlook

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  Household Use

  
  


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  Special Purpose Soaps

  
  


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  Industrial Use

  
  


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  Others

  
  

Soap Noodles Regional Outlook

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  North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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  Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • U.K.
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


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  Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


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  Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America
  
  
  
  

Report Scope:

Report Attribute/Metric	Details
Market Size 2022	USD 1.1 Billion
Market Size 2023	USD 1.13 Billion
Market Size 2032	USD 1.4 Billion
Compound Annual Growth Rate (CAGR)	3.00% (2023-2032)
Base Year	2022
Market Forecast Period	2023-2032
Historical Data	2018- 2022
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Source, Application, and Region
Geographies Covered	North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered	The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Kerawalla Group, Excel Rasayan, IOI Oleochemicals, Deeno Group, Wilmar International Ltd., VVF Ltd, 3F GROUP, Musim Mas Holdings, Oleochemicals, Jocil Limited, KLK Oleo, Timur Oleochemicals Malaysia, EVYAP-OLEO, John Drury & Co Ltd, M Bedforth & Sons, Rubia Industries Limited, and Olivia Impex Private Limited
Key Market Opportunities	Use of high quality raw materials
Key Market Dynamics	Increasing demand in soap industry and rising spending on personal care products across the globe

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