Global Ammonium Lauryl Sulphate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ammonium Lauryl Sulphate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Ammonium Lauryl Sulphate market finds that the global Ammonium Lauryl Sulphate market reached a value of USD 273.6 million in 2022. It’s expected that the market will achieve USD 338.84 million by 2028, exhibiting a CAGR of 3.63% during the forecast period.

Challenges

The growing conflict between the United States and China, the two largest economies on the planet, has become the greatest threat to global wealth. Trade growth is a key force driving global economic growth. However, the first major economy launched a trade war and a scientific and technological blockade against the second largest economy, leaving the world economy, which was originally in a difficult recovery, to face a crisis of recession.
Raw Material Prices will be in a fluctuation state, especially for some developed area, some regulations restraint the chemical material industry, directly influenced the product price.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

The top three companies are BASF, Stepan Company, Lubrizol with the revenue market share of 14.31%, 10.72% and 8.35% in 2018.

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, pigments, resins, electronic materials, antioxidants, and admixtures. The Surface Technologies segment offers chemical solutions, which include coatings, rust protection products, catalysts, and battery materials for the automotive and chemical industries. The Nutrition & Care segment provides nutrition and care ingredients for food and feed producers, as well as pharmaceutical, cosmetics, detergent, and cleaner industries. The Agricultural Solutions segment offers crop protection products and seeds, such as fungicides, herbicides, insecticides, and biological crop production products, as well as seed treatment products.

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products. The company operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, and lubricating ingredients. Its surfactants are also used in various applications, such as emulsifiers for spreading agricultural products; and industrial applications comprising latex systems, plastics, and composites. The Polymers segment provides polyurethane polyols that are used in the manufacture of rigid foam for thermal insulation in the construction industry, as well as a base raw material for coatings, adhesives, sealants, and elastomers (CASE); polyester resins, including liquid and powdered resins, which are used in CASE applications; and phthalic anhydride that is used in unsaturated polyester resins, alkyd resins, and plasticizers for applications in construction materials and components of automotive, boating, and other consumer products. The Specialty Products segment offers flavors, emulsifiers, and solubilizers for use in the food, flavoring, nutritional supplement, and pharmaceutical applications.

Segmentation Overview:

Among different product types, Low Concentration segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Personal Care Products segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Ammonium Lauryl Sulphate market covered in Chapter 3:

Huntsman Corporation
Colonial Chemical
Lubrizol
Galaxy Surfactants
Kao Chemicals
Zanyu Technology Group
Hunan Resun Auway Industrial
Taiwan NJC
Miwon Commercial
Stepan Company
Pilot Chemical
BASF
Solvay

In Chapter 4 and Chapter 14.2, on the basis of types, the Ammonium Lauryl Sulphate market from 2018 to 2029 is primarily split into:

High Concentration
Low Concentration

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ammonium Lauryl Sulphate market from 2018 to 2029 covers:

Personal Care Products
Rubber Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)