Global Sodium Lauryl Sulfate Market is Expected to reach USD 703.36 million by 2026 growing at a CAGR of 4.37% from 2019 to 2026: Proficient Market
Proficient Market announces the release of the report “Global Sodium Lauryl Sulfate Market by Product Type (Dry and Liquid) and by End-Users/Application (Household Detergents and Cleaners, Dishwashing Liquids, Personal Care Products and Others) Global Market Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2014 – 2026″ to its research database. This Sodium Lauryl Sulfate Market report analyzes the comprehensive overview of the market comprising an executive summary that covers core trends evolving in the market.
Increasing demand of detergent and cleaning agents across the globe, owing to increase the use of SLS are playing major role in the industry expansion. Moreover, the increased use of personal care products is also likely to aid in boosting the demand for SLS market. However, due to its increasing concern towards its toxicity on environment and human health. This can majorly hamper the growth of Sodium Lauryl Sulfate Market.
In terms of revenue, global sodium lauryl sulfate market in 2019 stood at USD 521.53 million and is expected to reach USD 703.36 million by 2026 growing at a CAGR of 4.37% from 2019 to 2026.
On the basis of type, sodium lauryl sulfate can be segmented as dry and liquid. Dry sodium lauryl sulfate accounted for largest share of total revenue generated in 2018.
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Major applications of sodium lauryl sulfate can be classified as household detergents and cleaners, dishwashing liquids, personal care products and others. The demand of sodium lauryl sulfate is highest from house hold detergents and cleaners as the interest of improved detergent and cleaning agents is increasing due to increasing economy.
Region wise, global sodium lauryl sulfate market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. U.S. held major share in the market because of general economic conditions, increasing demand for detergents and cleaning agents and also cosmetic products. Besides, China and Europe are having high share in sodium lauryl sulfate market.
Some of the global major players operating in the sodium lauryl sulfate market include: BASF SE, Huntsman International, Solvay, Nouryon, Clariant, Sasol and Others
The Sodium Lauryl Sulfate Market is segmented as follows:
Global Sodium Lauryl Sulfate Market: Product analysis
Global Sodium Lauryl Sulfate Market: Application analysis
Household Detergents and Cleaners
Personal Care Products
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Global Sodium Lauryl Sulfate Market: Region analysis
North America: U.S., Canada, Mexico
Europe: U.K., France, Germany, Spain, Italy, Rest of Europe
Asia Pacific: China, Japan, South Korea, ASEAN, India
Rest of Asia Pacific: Latin America, Brazil, Argentina, Colombia, Rest of L.A.
Middle East and Africa: Turkey, GCC, UAE, South Africa, Rest of Middle East
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