Global Sodium Lauryl Sulfate Market Overview:
Sodium Lauryl Sulphate possess amphiphilic properties which are highly desirable to be used in detergents. Also, it 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, this 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 sulphate (SLS) is expected to grow from USD 7.1 billion in 2017 to USD 10 billion in 2021, with a CAGR of 4.1%.
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Global 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 sulphate is widely used in oral care products, such as toothpastes, mouth rinses, etc. Since it does not affect the taste, but it produces a better foam and a great effect on malodorous breath. In addition, its increased use in household cleaning products and personal care products is expected to have advantage for the world market. In addition, the increasing use in the food and beverage manufacturing industry as a thickener, surface tension regulator, wetting agent, meat scalding agent, the whipping agent and the emulsifier should stimulate the market during the forecast period. On the other hand, the problems related to the side effects of sodium lauryl sulphate and the regulation of the authorities to limit its use 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 will restrict market growth.
Global 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 during the forecast period due to significant growth in the personal care sector in the region. North America ranks second in the 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 in the forecast period due to the increased use of self-care products and the growth of the surfactant industries.
Key Players in Global Sodium Lauryl Sulfate Market:
The main players in the 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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