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Sodium Lauryl Sulfate Marketplace is anticipated to develop at a CAGR of round 5.0% throughout 2019-2029

sodium lauryl sulfate market

Patience Marketplace Analysis not too long ago printed a marketplace study find out about at the sodium lauryl sulphate marketplace, titled, ‘Sodium Lauryl Sulfate Marketplace – International Trade Research 2014-2018 and Forecast 2019-2029”. The study find out about displays the worldwide sodium lauryl sulfate marketplace outlook for the following ten years, in conjunction with the compound annual expansion charge. The worldwide sodium lauryl sulfate marketplace accounted for round US$ 800.0 Mn through the top of FY 2018, and is anticipated to develop at a CAGR of round 5.0% throughout 2019-2029. A few of the end-use segments of sodium lauryl sulfate, the non-public care merchandise section is estimated to develop at a vital expansion charge, because of greater consciousness against private hygiene and converting life.

The call for for sodium lauryl sulfate is anticipated to be pushed essentially through inhabitants expansion, urbanization, building up in disposable source of revenue, and the supplementary necessities for private care merchandise. Expanding consciousness about private care and emerging disposable source of revenue are the most important elements for the expansion of the worldwide sodium lauryl sulfate marketplace. Shoppers of private care merchandise are discovering fast and simple merchandise to make use of, similar to paper soaps, foam pumps, commute dimension face washes, and so forth., which can be efficient and feature prime efficacy. Thereby, the rising call for for foam-based cosmetics is anticipated to gas the worldwide sodium lauryl sulfate over the forecast length.

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The forged type of sodium lauryl sulfate has prime content material of lively shape. As such, the cast shape sodium lauryl sulfate section has captured a vital marketplace percentage within the international sodium lauryl sulfate marketplace. Relating to geographical research, East Asia is expected to be a vital platform for the sodium lauryl sulfate marketplace, and is estimated to develop at a CAGR of just about 6% throughout the forecast length. Relating to finish use, the non-public care section was once valued round US$ 800 Mn through the top of 2018, and expected to constitute a complete incremental $ alternative just about US$ 500.0 Mn between 2019 and 2029.

Regional Marketplace Projections

Geographically, East Asia and South Asia are choosing up within the international sodium lauryl sulfate marketplace, owing to expanding disposable source of revenue and rising business infrastructure. The call for for sodium lauryl sulfate is majorly pushed through the spending on cosmetics and different client items, which implicitly is dependent upon the expansion in according to capita beauty spending and converting life, pushed through international GDP expansion. Additional, secure financial expansion in creating international locations similar to China, India, Brazil, and ASEAN international locations, and emerging according to capita disposable source of revenue and expenditure in those areas, are the foremost elements which are riding the expansion of the sodium lauryl sulfate marketplace.

Moreover, in evolved areas similar to North The us and Europe, the adoption of laundry operations and utilization of washing machines has extensively greater. This percentage is much less in creating areas similar to Asia Pacific. As an example, in 2017, between 81% and 85% of laundry duties have been performed the usage of computerized machines. Consumers are susceptible to make stronger laundry operations. Owing to this, the call for for washing merchandise similar to detergents, soaps, and so forth., is considerably prime in those areas. Thus, the call for for sodium lauryl sulfate continues to develop at a wholesome charge.

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Supplier Insights

  • Solvay SA
  • DowDupont Inc.
  • Croda Global Percent
  • Stepan Corporate
  • Galaxy Surfactants Lt6d.
  • Godrej industries Ltd.
  • Kao Company
  • Huntsman Global LLC
  • Clariant AG
  • The Lubrizol Company
  • Sasol
  • New Japan Chemical Co., Ltd.

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Coronavirus News

Analysis of COVID-19 Crisis-driven Growth Opportunities in Sodium Lauryl Sulfate Market

Key Highlights

  • In terms of value, the global sodium lauryl sulfate market was valued at around US$ 9.00 Bn in 2018 and is anticipated to expand at a CAGR of more than 4.0% from 2019 to 2027
  • The linear alkylbenzene sulfonate (LAS) segment held a major share of the global sodium lauryl sulfate market in 2018. The sodium lauryl ether sulfate (SLES) segment is expected to remain moderately attractive during the forecast period. It is expected to expand at a CAGR of more than 4% between 2019 and 2027
  • developing economies of Asia Pacific, such as India, Vietnam, and Indonesia, are witnessing rise in the demand for anionic surfactants including SLS, SLES, and LAS
  • Low manufacturing and labor costs and rate cuts in taxes imposed on detergent manufacturing are prompting market players to shift their production bases to countries in South Asia and Southeast Asia in order to achieve economies of scale. For instance, the Government of India slashed the goods & services tax (GST) applicable on detergents and other mass consumption goods from 28% to 18% in November 2018. As a result of the tax cut, players operating in the domestic detergent industry are planning to increase their production capacity

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  • Demand for surfactants for use in cleaning products is expected to be driven by high focus on sustainability and multi-functionality during the forecast period, wherein product innovation remains vital for market participants to remain competitive. For instance, gradual shift toward consumption of more concentrated products and all-in-one solutions has been a notable trend in the recent years
  • In developed markets, such as Western Europe and the U.S., the demand for sodium lauryl sulfate remains sluggish. Hence, it is vital for manufacturers to enhance their penetration in emerging markets in order to sustain long-term growth
pr global sodium lauryl sulfate market

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Detergents & Cleaners to be a Leading Application Segment of Global Sodium Lauryl Sulfate Market

  • Based on application, the global sodium lauryl sulfate market has been segregated into detergents & cleaners, personal care, oilfield chemicals, textile & leather, and others (including paints & coatings, polymer additives, and agricultural chemicals)
  • Among applications, detergents & cleaners was the dominant segment of the sodium lauryl sulfate market, accounting for over 50.0% of the market share in 2018
  • SLES (Sodium Lauryl Ethyl Sulfate) is gaining immense usability, owing to its good solvency, wide compatibility, thickening effect, high biodegradability, and anti-hard water-ability. Its exceptional performance in terms of emulsification, decontamination, dispersion, and solubilizing and its foaming attributes are boosting the applicability of SLES in hand washing liquids, shampoos, and bubble bath liquids

Asia Pacific and North America Expected to be Lucrative Regions of Global Sodium Lauryl Sulfate Market

  • Asia Pacific is expected to dominate the global sodium lauryl sulfate market, in terms of volume as well as value, in the near future
  • Asia Pacific accounted for more than 30% share of the global sodium lauryl sulfate market in 2018.
  • North America and Europe are attractive regions of the sodium lauryl sulfate market, owing to presence of established personal care and detergents industries in the region. However, rising trend of using sulfate-free personal care products in developed countries in Europe, such as the U.S, Germany, and France, is likely to hinder the overall demand for sodium lauryl sulfate in these countries during the forecast period 2019 to 2027

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Global Sodium Lauryl Sulfate Market -Key Developments

  • Recently, the global sodium lauryl sulfate market witnessed several M&A activities. In 2018, the company acquired the surfactants division of BASF i.e. BASF Mexicana, S.A. DE C.V., which was based in Ecatepec, Mexico in order to strengthen its position in the Latin America market. This acquisition is expected to improve the company’s supply capabilities for surfactants and help it expand in both consumer products and functional products industries in the next few years
  • In 2018, Oxiteno, a subsidiary of Ultra Group and a manufacturer of surfactants and chemicals, completed the production capacity expansion of its alkoxylation plant in Pasadena, Texas, the U.S.

Global Sodium Lauryl Sulfate Market: Competition Landscape

  • The global sodium lauryl sulfate market features a highly fragmented competitive landscape with the presence of a large number of global and regional players. Some of the key players in the global Key players operating in the market are Kao Corporation, Nouryon, Croda International Plc., Huntsman International LLC, Galaxy Surfactants Ltd, Solvay, Evonik Industries AG, Clariant AG and many others

The report segments the global sodium lauryl sulfate market as follows:

Global SLS, SLES and LAS Market, by Product

  • SLS
    • SLS Dry
    • SLS Liquid
  • SLES
  • LAS

Global SLS, SLES and LAS Market, by Application

  • Detergents & Cleaners
  • Personal Care
  • Oilfield Chemicals
  • Textile & Leather
  • Others

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Sodium Lauryl Sulfate Market Report 2020: Business Segmentation By Revenue And Structure Forecast 2026

The research study of the global Sodium Lauryl Sulfate market provides the market size information and market trends along with the factors and parameters impacting it in both the short and long term. The report ensures a 360-degree assessment, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

The Sodium Lauryl Sulfate market research report provides essential statistics on the market position of the Sodium Lauryl Sulfate manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The report provides a basic summary of the Sodium Lauryl Sulfate industry including its definition, applications and manufacturing technology. The report presents the company profile, product specifications, capacity, production value, and market shares for key vendors.

The overall market is split by the company, by country, and by application/type for the competitive landscape analysis. The report estimates market development trends of Sodium Lauryl Sulfate industry. Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out. The Sodium Lauryl Sulfate market report makes some important proposals for a new project of Sodium Lauryl Sulfate Industry before evaluating its feasibility.

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Key segments covered in Sodium Lauryl Sulfate market report: Major key companies, product type segment, end use/application segment and geography segment.

The information for each competitor includes:

  • Company Profile
  • Main Business Information
  • SWOT Analysis
  • Sales, Revenue, Price and Gross Margin
  • Market Share
  • For a complete companies list, please ask for sample pages. 

Company segment, the report includes global key players of Sodium Lauryl Sulfate as well as some small players:

  • BASF
  • Huntsman International
  • Solvay
  • Akzo Nobel
  • Clariant
  • Sasol
  • Taiwan NJC Corporation
  • Stepan
  • Alpha Chemicals
  • Explicit Chemicals
  • Innova Corporate
  • Galaxy Surfactants
  • Godrej Industries
  • Oxiteno
  • Melan Chemical
  • Miwon Commercial

For product type segment, this report listed the main product type of Sodium Lauryl Sulfate market

  • Dry
  • Liquid

For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.

  • Household Detergents and Cleaners
  • Personal Care Products
  • Dishwashing Liquids
  • Industrial Cleaners
  • Other

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This report covers the following regions:

  • North America (US and Canada)
  • Europe (UK, Germany, France and Rest of Europe)
  • Asia Pacific (China, Japan, India and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (GCC and Rest of Middle East & Africa)

Key Questions Answered in the Report:

  • What is the size of the overall Sodium Lauryl Sulfate Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Sodium Lauryl Sulfate Market and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Market?
  • What is the Sodium Lauryl Sulfate Market size at the regional and country-level?
  • Who are the key market players and their key competitors?
  • Market value- chain and key trends impacting every node with reference to companies
  • What are the strategies for growth adopted by the key players in Sodium Lauryl Sulfate Market?
  • How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness, and market capitalization?
  • How financially strong are the key players in Sodium Lauryl Sulfate Market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
  • What are the recent trends in Sodium Lauryl Sulfate Market? (M&A, partnerships, new product developments, expansions)

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Sodium Lauryl Sulfate Market to Deliver Greater Revenues during the Forecast Period until 2027

 

Global Sodium Lauryl Sulfate Market: Overview

Global Sodium Lauryl Sulfate market is at the centre stage as it is being considered as one of the most interesting businesses for set up in recent times. Indeed, even with the continuous COVID-19 pandemic, it has enlisted huge income development, that is diametrically opposite to other market portions. If the previous decade is also considered, the patterns uncovered a less tempestuous market that pushed many organizations to explore new business opportunities.

The Global Sodium Lauryl Sulfate market report is intended to offer various advantages going from market rivalry, outer components, executive management and income related decisions for the impending decade. The following decade is being advocated as the ‘post-COVID market’. It will be dominated by those organizations that will offer client driven administrations. To get the biggest chunk of the market, organizations that diffused their contributions with the most recent accessible innovation will guide the market in the next quarters.

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The Global Sodium Lauryl Sulfate market report was designed with data filtered out from huge databases across the globe for a long duration of time. If the business associations want to have productive results, then they must follow all the focused movements referenced in the report.

Preferences related with the Global Sodium Lauryl Sulfate market are likewise featured in the report so an undertaking can zero in on the particular fragment, on the off chance that they need to. Besides, getting an essential thought of the market will help the organizations in framing a blue print of the moves that can be made in the forthcoming years. As the field-tested strategy is a vital part for cruising the organizations through unanticipated conditions, a thorough study of the market becomes a necessary to step to be taken.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

  • BASF
  • Huntsman International
  • Solvay
  • Akzo Nobel
  • Clariant
  • Sasol
  • Taiwan NJC Corporation
  • Stepan
  • Alpha Chemicals
  • Explicit Chemicals
  • Innova Corporate
  • Galaxy Surfactants
  • Godrej Industries
  • Oxiteno
  • Melan Chemical
  • Miwon Commercial

    The report offers a comprehensive analysis of the Sodium Lauryl Sulfate market inclusive of product portfolio, categories, applications, and a comprehensive analysis of the value chain structure. The study investigates several factors influencing the growth of the market and provides a competitive advantage to the readers.

    The Sodium Lauryl Sulfate market report is an investigative study that provides insights into opportunities, limitations, and barriers encountered by the companies that influence or hinder the growth of the industry. Overall the report provides valuable information and an overview of the market scenario to gain a better understanding of the market.

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    Global Sodium Lauryl Sulfate Market, By Product

    • Sodium Lauryl Sulfate (SLS) Liquid
    • Sodium Lauryl Sulfate (SLS) Dry

    Global Sodium Lauryl Sulfate Market, By Application

    • Detergents & Cleaners
    • Industrial Cleaners
    • Personal Care Products
    • Others

    The report covers an extensive regional analysis and market estimation in each region and covers key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

    To read more about the report, visit @ https://www.verifiedmarketresearch.com/product/Sodium-Lauryl-Sulfate-Market/

    Key Point Summary of the Report:

    • Comprehensive analysis of the market share, market size, and growth rate during the forecast period
    • Segmentation of market on the basis of types, applications, leading regions, market value and volume, industry verticals, and end-user industries
    • Accurate market forecast considering the historical data, current market scenario, and a futuristic outlook
    • Brief overview and understanding of the demand and supply ratio, production and consumption rates, and competitive landscape mapping
    • In-depth regional analysis and market forecast for leading geographies of the world
    • Extensive analysis using advanced analytical tools such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis to give an accurate insight into the market and its players

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    Coronavirus News

    Sodium Lauryl Sulfate Market to be Sinusoidal Amidst Covid-19

    sodium lauryl sulfate market

    Sodium lauryl sulfate finds applications in beauty care as well as industrial cleaning. The outbreak of Covid-19 has curbed the demand from beauty care sector but increased demand from industrial cleaning vertical, especially after the WHO advising people to prioritize hygiene. The US FDA also asks for manufacturing standards to be adhered to by food and beverage industry. So, it is a sinusoidal situation for sodium lauryl market right now, but the situation is expected to improve post-Covid-19 era.

    Persistence Market Research recently published a market research study on the sodium lauryl sulphate market, titled, ‘Sodium Lauryl Sulfate Market – Global Industry Analysis 2014-2018 and Forecast 2019-2029”. The research study shows the global sodium lauryl sulfate market outlook for the next ten years, along with the compound annual growth rate. The global sodium lauryl sulfate market accounted for around US$ 800.0 Mn by the end of FY 2018, and is expected to grow at a CAGR of around 5.0% during 2019-2029. Among the end-use segments of sodium lauryl sulfate, the personal care products segment is estimated to grow at a significant growth rate, due to increased awareness towards personal hygiene and changing lifestyles.

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    The demand for sodium lauryl sulfate is expected to be driven primarily by population growth, urbanization, increase in disposable income, and the supplementary requirements for personal care products. Increasing awareness about personal care and rising disposable income are crucial factors for the growth of the global sodium lauryl sulfate market. Consumers of personal care products are finding quick and easy products to use, such as paper soaps, foam pumps, travel size face washes, etc., which are effective and have high efficacy. Thereby, the growing demand for foam-based cosmetics is expected to fuel the global sodium lauryl sulfate over the forecast period.

    The solid form of sodium lauryl sulfate has high content of active form. As such, the solid form sodium lauryl sulfate segment has captured a significant market share in the global sodium lauryl sulfate market. In terms of geographical analysis, East Asia is anticipated to be a significant platform for the sodium lauryl sulfate market, and is estimated to grow at a CAGR of nearly 6% during the forecast period. In terms of end use, the personal care segment was valued around US$ 800 Mn by the end of 2018, and anticipated to represent a total incremental $ opportunity nearly US$ 500.0 Mn between 2019 and 2029.

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    Regional Market Projections

    Geographically, East Asia and South Asia are picking up in the global sodium lauryl sulfate market, owing to increasing disposable income and growing industrial infrastructure. The demand for sodium lauryl sulfate is majorly driven by the spending on cosmetics and other consumer goods, which implicitly depends upon the growth in per capita cosmetic spending and changing lifestyles, driven by global GDP growth. Further, steady economic growth in developing countries such as China, India, Brazil, and ASEAN countries, and rising per capita disposable income and expenditure in these regions, are the major factors that are driving the growth of the sodium lauryl sulfate market.

    Furthermore, in developed regions such as North America and Europe, the adoption of laundry operations and usage of washing machines has widely increased. This share is less in developing regions such as Asia Pacific. For instance, in 2017, between 81% and 85% of laundry tasks were carried out using automated machines. Customers are inclined to enhance laundry operations. Owing to this, the demand for laundry products such as detergents, soaps, etc., is significantly high in these regions. Thus, the demand for sodium lauryl sulfate continues to grow at a healthy rate.

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    Company Profiles:

    • Solvay SA
    • DowDupont Inc.
    • Croda International Plc
    • Stepan Company
    • Galaxy Surfactants Lt6d.
    • Godrej industries Ltd.
    • Kao Corporation
    • Huntsman International LLC
    • Clariant AG
    • The Lubrizol Corporation
    • Sasol
    • New Japan Chemical Co., Ltd.
    • Aarti Industries Ltd.