Sodium Lauryl Sulfate Market Worth USD XX.XX million by 2024, with growing CAGR of X.X% during the forecast period 2017-2024

“Sodium Lauryl Sulfate Market | Research Cosmos”
Asia Pacific is expected to experience significant growth for SLS during the forecast period due to significant growth in the personal care sector in the region. North America ranks second in the SLS market, followed by Europe. However, these two regions are expected to grow at a slow pace due to market saturation

Sodium Lauryl Sulfate Market Overview, and Market Value Study:

Sodium Lauryl Sulfate is obtained by treating lauryl alcohol with sulphur trioxide gas, oleum/chlorosulphuric acid followed by neutralization with sodium carbonate or sodium hydroxide. Also, it can be obtained from hydrolysis of coconut followed by hydrogenation of the products. Sodium Lauryl Sulfate possess amphiphilic properties which are highly desirable to be used in detergents. Also, Sodium Lauryl Sulfate (SLS) is a decent surfactant commonly used in oil stain and residue removal applications. For example, it is used in high concentrations in industrial products, including engine degreasers, floor cleaners and car wash soaps. In addition, it is one of the most common ingredients of the chemicals used in household cleaning products, personal hygiene and cosmetics. It forms a huge foam when combined with water, which allows its use in shampoos, soaps and other products that produce foam. The global market for sodium lauryl sulfate (SLS) is expected to grow from USD xx.xx billion in 2015 to USD xx billion in 2024, with a CAGR of x.x%.Browse Full Research report and TOC of the report @ https://www.researchcosmos.com/reports/world-sodium-lauryl-sulfate-market-to-2021-global-analysis-and-forecasts/5171293 Sodium Lauryl Sulfate Market Drivers and restraints:

The awareness of personal hygiene and the increasing use of consumer products based on SLS should, apparently, stimulate the market demand. In addition, changes in lifestyles, rapid urbanization and increased disposable income have led to an increase in the consumption of cosmetics in the world market, which should support the market. Sodium lauryl sulfate (SLS) is widely used in oral care products, such as toothpastes, mouth rinses, etc. It does not affect the taste, but it produces a better foam and a great effect on malodorous breath. In addition, the increased use of SLS in household cleaning products and personal care products is expected to take advantage of the world market. In addition, the increasing use of sodium lauryl sulfate in the food and beverage manufacturing industry as a thickener, surface tension regulator, wetting agent, pork / chicken scalding agent, whipping agent and emulsifier should propel the market during the furcation period. On the other hand, the problems related to the side effects of sodium lauryl sulphate and the regulation of the authorities to limit the use of it should limit the demand in the world market. In addition, it is estimated that the change of companies to other alternative chemicals and the increasing use of Ayurvedic or natural reagents is slowing the market growth.

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Sodium Lauryl Sulfate Market Geographical segmentation:

The SLS market was dominated by the Asia-Pacific region due to the boom in the personal care sector, particularly in India and China. Asia Pacific is expected to experience significant growth for SLS during the forecast period due to significant growth in the personal care sector in the region. North America ranks second in the SLS market, followed by Europe. However, these two regions are expected to grow at a slow pace due to market saturation. The Middle East is expected to be the fastest growing region for the forecast period due to the increased use of personal care products and the growth of the surfactant industries. Africa continues to be a potential market due to the rise of surfactant industries in the region.

Key Takeaways from this Report:

  • For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
  • Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
  • Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
  • Increase overall revenue by understanding the geographical impact on sales and distribution channels.
  • Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
  • Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
  • Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.

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Sodium Lauryl Sulfate Market Major Players:

The main players in the SLS market are BASF SE, Solvay SA, AkzoNobel N.V., Dow Chemical, Sasol Limited, Croda International, Rhodia SA, Stepan, Clariant Corporation and Oxiteno.

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