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Global Sodium Lauryl Sulfate Market to Garner Growth on Back of its Varied Characteristics: TMR

• The role of sodium lauryl sulfate as an anionic surfactant and its exceptional foam and lather forming properties may serve as a prominent growth generator for the sodium lauryl sulfate market 

• The global sodium lauryl sulfate market is prognosticated to expand at a CAGR of more than 4 percent across the forecast period of 2019-2027

Transparency Market Research, New York: The properties of sodium lauryl sulfate make it an important component in the production of detergents, toothpaste, shampoos, and soaps. This factor may prove to be a great growth opportunity for the sodium lauryl sulfate market through the forecast period of 2019-2027.

The global sodium lauryl sulfate market is extrapolated to expand at a CAGR of more than 4 percent across the assessment period of 2019-2027. Sodium lauryl sulfate market was valued at around 9.0 bn in 2018 and expects to surpass11.0 bn valuation by the end of 2027.

The heightening cases of viral infections across considerable populace have raised hygiene concerns. The escalating awareness about hygiene to overcome the problem of the spread of viral and bacterial infections will invite expansive growth opportunities for the sodium lauryl sulfate market.

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Sodium Lauryl Sulfate Market: Facts and Figures

• Detergents and cleaners segment accounted for more than 50 percent of the market share in 2018
• The Linear Alkylbenzene Sulfonate (LAS) held a share of more than 70 percent in 2018 and the share is prognosticated to spike across the forecast period of 2019 and 2027
• Personal care segment is anticipated to be the most profitable segment for the sodium lauryl sulfate market
• Asia Pacific acquired a market share of 40 percent in 2018 and is extrapolated to serve as the prominent growth contributor for the sodium lauryl sulfate market in terms of region

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Sodium Lauryl Sulfate Market: Key Driving Factors

Regulatory bodies and various organizations related to cleanliness and hygiene are creating awareness among the global populace to inculcate hygiene in their day-to-day life. This aspect may eventually bring expansive growth prospects for the sodium lauryl sulfate market.

• Government and Non-Government initiatives and campaigns across numerous countries to frequently sanitize and clean public places like metro stations, hospitals, auditoriums, religious places, etc may serve as good growth generators for the sodium lauryl sulfate market
• The blend of anionic surfactants with mild surfactants will further expand the growth prospects of the sodium lauryl sulfate market
• Considerable revenue generated from electronic appliances in densely populated countries, such as India and China propels the demand for detergents, thus proving to be growth multipliers for the sodium lauryl sulfate market

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Sodium Lauryl Sulfate Market: Geographical Dimensions

The global sodium lauryl sulfate market is spread across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Asia Pacific may gain substantial growth for the sodium lauryl sulfate market. Asia Pacific held a substantial share of more than 35 percent in 2018 and is likely to display expansive growth across the forecast period of 2019-2027. The escalating popularity of personal care products among a large populace may prove to be a prominent factor of growth.

North America and Europe may also add extra stars of growth to the sodium lauryl sulfate market due to the large presence of detergent and personal care industries in the region. The increasing popularity of sulfate-free products across various countries in North America and Europe may serve as a growth dampener.

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Sodium Lauryl Sulfate Market: Key Players

Some well-established players in the sodium lauryl sulfate market are Evonik Industries AG, Kao Corporation, Clariant AG, Huntsman International LLC, Nouryon, Croda International Plc., and Galaxy Surfactants Ltd.

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Global Sodium Lauryl Sulfate Market: Segmentation

By Product 

• SLS
• Sodium Lauryl Ether Sulfate (SLES)
• Linear Alkylbenzene Sulfonate (LAS)

By Application

• Detergents & Cleaners
• Personal Care
• Textile & Leather
• Oilfield
• Chemicals
• Others (Paints & Coatings, Polymer Additives, and Agricultural Chemicals)

By Region

• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea, Taiwan, Indonesia, Malaysia, Thailand, Vietnam, Philippines, Singapore, Australia, and Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, Iran, Qatar, and Rest of Middle East & Africa)

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