Overview of the global sodium lauryl sulfate market
Sodium lauryl sulfate surfactants breaks down the surface tension and separates the molecules to interact with the active ingredient. As a result, the demand for sodium lauryl sulfate is increasing in the detergent and cleaners industry for various applications in households, public offices, schools, and commercial places. Our market research analysis has identified that the increasing demand from the detergent industry will be one of the major factors that will have a positive impact on the growth of the sodium lauryl sulfate market in the coming years. Sodium lauryl sulfate accounts for more than 28% of the total raw materials during the production of liquid detergents. With the rising consumption of liquid detergents, the addition of sodium lauryl sulfate in laundry detergents will increase in the coming years. Technavio’s market research analysts have predicted that this market will grow at a CAGR of more than 5% by 2021.
The sodium lauryl sulfate market is witnessing considerable growth in APAC due to the presence of companies from the major end-use industries such as personal care, cosmetics, detergents, and cleaners. Countries such as China, India, Malaysia, and Indonesia are the major contributors to the market’s growth in this region. The growing demand for personal care and cosmetic products including shampoo, face wash, hair oils, and skin care products due to the rising personal disposable income in countries such as India and Japan, will also boost the demand for sodium lauryl sulfate in this region.
Competitive landscape and key vendors
The sodium lauryl sulfate market is extremely competitive and appears to be highly fragmented due to the presence of many multinational and regional vendors. The vendors in the sodium lauryl sulfate (SLS) market are increasingly competing against each other based on factors such as price, quality, and supply of differentiated products. According to our industry research and analysis, the market’s competitive environment will intensify the coming years.
Key vendors in this market are -
Other prominent vendors in the market include Alpha Chemicals, Clariant, Explicit Chemicals, Galaxy Surfactants, Godrej Industries, Innova Corporate, Kao, Melan Chemical, Miwon Commercial, OXITENO, Sasol, and TAWIWAN NJC.
Segmentation by form and analysis of the sodium lauryl sulfate market
Dry sodium lauryl sulfate comes in various forms such as powder, needles, and granules. A large number of manufacturers use sodium lauryl sulfate powder to make laundry detergents, bath powders, soaps, household detergents, and other cleaning products. The utilization of dry sodium lauryl sulfate powder in cleaning products such as floor cleaners, carpet cleaners, and surface cleaners will increase in the coming years due to its high detergency and easy formulation. This in turn, will drive the growth of the sodium lauryl sulfate market in this segment.
Segmentation by application and analysis of the sodium lauryl sulfate market
Household detergents and cleaners
Personal care products
The increasing application of sodium lauryl sulfate in the formulation of household detergents on a large scale, fuels the growth of the sodium lauryl sulfate (SLS) market in the household detergents and cleaners segment. Since the raw materials required to manufacture sodium lauryl sulfate are not expensive, its application in the detergents and cleaning products will continue to increase during the projected period.
Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global sodium lauryl sulfate market?
What are the key market trends impacting the growth of the global sodium lauryl sulfate market?
What are the challenges to market growth?
Who are the key vendors in the global sodium lauryl sulfate market?
What are the market opportunities and threats faced by the vendors in the global sodium lauryl sulfate market?
What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the global sodium lauryl sulfate market?
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