Market Size of Sodium Lauryl Sulfate Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sodium Lauryl Sulfate Market Analysis
The Sodium Lauryl Sulfate (SLS) market is expected to register at a CAGR of around 4% during the forecast period.
In 2020, COVID-19 impacted the global sodium lauryl sulfate market due to the raw material shortage. However, the surging demand for personal care products propelled sodium lauryl sulfate consumption.
- One of the major factors driving the market studied is the growing demand for detergents and cleaning products and the rapidly growing personal care industry in Asia-Pacific.
- However, the bio-based alternatives and rising concern regarding the toxicity of sodium lauryl sulfate on both human health and the environment are expected to restrain the market growth.
- The growing application footprint across various industries will likely offer new growth opportunities to the market.
- Asia-Pacific dominated the global market with large consumption from countries such as China and India, followed by North America and Europe.
Sodium Lauryl Sulfate Industry Segmentation
Sodium lauryl sulfate is a surfactant used in most personal care products, soaps, commercial cleaners, and food. Sodium lauryl sulfate usually consists of a mixture of sodium alkyl sulfates, mainly lauryl. The market is segmented into product type, application, and geography. By product type, the market is segmented into liquid and dry. The application segments the market into detergents and cleaners, personal care products, industrial cleaners, and other applications. The report also covers the market size and forecasts for the sodium lauryl sulfate market in 16 countries across major regions. The market sizing and forecasts for each segment are based on value (USD million).
Product Type | |
Sodium Lauryl Sulfate (SLS) Liquid | |
Sodium Lauryl Sulfate (SLS) Dry |
Application | |
Detergents & Cleaners | |
Personal Care Products | |
Industrial Cleaners | |
Other Applications |
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Sodium Lauryl Sulfate Market Size Summary
The Sodium Lauryl Sulfate (SLS) market is poised for steady growth, driven by the increasing demand for detergents and cleaning products, particularly in the rapidly expanding personal care industry in the Asia-Pacific region. This region, led by countries like China and India, dominates the global market due to its substantial consumption of SLS in various applications. The compound's effectiveness as a surfactant, offering strong cleansing power and high foam production at a low cost, makes it a popular choice in laundry detergents and cleaners. However, the market faces challenges from the rising popularity of bio-based alternatives and concerns regarding the environmental and health impacts of SLS, which could potentially hinder its growth.
Despite these challenges, the SLS market is expected to benefit from new opportunities arising from its growing application across diverse industries. The demand for SLS in detergents and cleaners remains the largest segment, supported by the increasing need for hygiene and cleanliness, particularly in household and industrial settings. The market is characterized by its fragmentation, with numerous companies like BASF SE, Clariant, Solvay, Merck KGaA, and Sasol holding significant shares. As the demand for personal care products continues to rise, particularly in emerging markets, the SLS market is anticipated to maintain its growth trajectory over the forecast period.
Sodium Lauryl Sulfate Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand from Detergents and Cleaners
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1.1.2 Rapidly Growing Personal Care Industry in Asia-Pacific
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1.2 Restraints
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1.2.1 Toxic Effects of Sodium Lauryl Sulfate on Human Health and Environment
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1.2.2 Availability of Bio-based Alternatives
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Product Type
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2.1.1 Sodium Lauryl Sulfate (SLS) Liquid
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2.1.2 Sodium Lauryl Sulfate (SLS) Dry
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2.2 Application
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2.2.1 Detergents & Cleaners
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2.2.2 Personal Care Products
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2.2.3 Industrial Cleaners
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 Australia & New Zealand
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2.3.1.6 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 Italy
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2.3.3.4 France
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle East & Africa
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Sodium Lauryl Sulfate Market Size FAQs
What is the current Sodium Lauryl Sulfate Market size?
The Sodium Lauryl Sulfate Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Sodium Lauryl Sulfate Market?
BASF SE, Clariant, Solvay, Sasol and Merck KGaA are the major companies operating in the Sodium Lauryl Sulfate Market.