Global Sodium Lauryl Sulfate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Sodium Lauryl Sulfate, found in many personal care products (soap, shampoo, toothpaste, etc.), is an inexpensive and efficient cleanser and surfactant.
Market Overview:The latest research study on the global Sodium Lauryl Sulfate market finds that the global Sodium Lauryl Sulfate market reached a value of USD 685.87 million in 2022. It’s expected that the market will achieve USD 935.3 million by 2028, exhibiting a CAGR of 5.31% during the forecast period.
The product is harmful to the environment
For the chemical industry, environmental protection is a very important issue. The production of sodium lauryl sulfate also causes certain environmental problems. It is especially harmful to aquatic organisms and has long lasting effects. With the strengthening of environmental protection policies, many companies will face environmental pressure and need to invest more funds to treat wastewater. For small businesses, this could reduce profits.
The product is irritating to the skin
The irritating effect of sodium lauryl sulfate on the human body has always been concerned. Because it can cause skin irritation and eye inflammation. In addition, the use of SLS in toothpaste easily causes ulcers and reduces the effectiveness of fluoride. Studies have shown that long-term exposure to SLS irritates the skin and is toxic to rats at high doses and concentrations. Although generally the sodium lauryl sulfate content in personal care products and cleaning products is controlled within a safe range, these possible harms will reduce people's purchase of sodium lauryl sulfate-added products.
Increased demand for detergents and cleaners
With the rapid development of global economic integration and informatization, washing products have become necessities of daily life, and people's demand for washing products has become increasingly diverse with the improvement of living standards. SLS is cheap and has low industry barriers. It is the most commonly used ingredient in cleaning products on the market. As people's demand for household surface disinfection and treatment of sanitary waste will increase, it will promote the development of the sodium lauryl sulfate market.
Region Overview:Geographically, North America held the largest market share – 47.71% in 2022.
Company Overview:BASF is one of the major players operating in the Sodium Lauryl Sulfate market, holding a share of 10.23% in 2023.
BASF
BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas.
Huntsman International
Huntsman International LLC operates as a chemical manufacturing company. The Company manufactures and markets specialty and commodity chemicals, as well as produces polyurethanes, propylene oxides, surfactants, epoxy adhesives, aerospace composites, and electrical insulating materials.
Segmentation Overview:Among different product types, SLS Powder segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Detergents & Cleaners segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Sodium Lauryl Sulfate market covered in Chapter 3:Miwon Commercial
Godrej Industries
Hunan Resun Auway Industrial CO., Ltd
Solvay
SinoLight Chemicals Co., Ltd.
Dongming Jujin Chemical Co., Ltd.
Oxiteno
Tianjin Tianzhi Fine Chemical Co., Ltd
Sasol
Explicit Chemicals
Galaxy Surfactants
Taiwan NJC Corporation
BASF
Clariant
Stepan
Innova Corporate
Kao
Shanghai Youyang Co. Ltd
Huntsman International
In Chapter 4 and Chapter 14.2, on the basis of types, the Sodium Lauryl Sulfate market from 2018 to 2029 is primarily split into:SLS Powder
SLS Needle
SLS Liquid
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sodium Lauryl Sulfate market from 2018 to 2029 covers:Detergents & Cleaners
Personal Care
Textile & Leather
Oilfield Chemicals
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)