Sodium Lauryl Ether Sulfate [SLES] Market Research 2023 | Size, Share, Demand, Global Industry News

Market Overview:

The Global Sodium Lauryl Ether Sulfate [SLES] market was estimated at USD 1.24 billion in 2021 and is anticipated to reach USD 1.58 billion by 2028, growing at a CAGR of 3.5%.

Sodium lauryl ether sulfate (SLES) is the most prominent surfactant used in the manufacture of soaps and detergents. The compound continues to be the material of choice for domestic product makers due mostly to its low price and superior performance. The acceptance of sodium lauryl ether sulfate (SLES) in many end-use sectors can be attributed to its features, which include superior solubility, favorable hard water resistance, and high biodegradability. SLES is utilized in items such as dishwashing solutions and shampoos due to its reduced skin irritability and compaction ease. Nevertheless, the increasing availability of bio-based chemicals is anticipated to constrain the worldwide sodium lauryl ether sulfate (SLES) market during the coming years. As a result, businesses have begun to concentrate on manufacturing biodegradable and environmentally friendly SLES surfactants to increase their income.

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Market Dynamics:

Driver:

A growth in awareness about personal hygiene, an increase in disposable income, economic development in emerging nations, and an improvement in the standard of living in several developing regions are expected to fuel the demand for personal care products during the next years. The expansion of e-commerce and the rise of the youth population have greatly increased the end-user demand for contemporary personal care goods. Throughout the forecast period, the markets for personal care products in India, Africa, and the Middle East are anticipated to grow.

Opportunities:

The demand for sodium lauryl ether sulfate in hair care products are creating lucrative business opportunities for producers worldwide. In contrast, several international organizations, with the assistance of local governments, are supporting hygiene awareness campaigns in poor nations. This is projected to increase the need for anionic surfactants such as SLES throughout the foreseeable future, given their better performance attributes and cost-effectiveness compared to other options.

Key Chapter Will Be Provided In The Report

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis

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Segmentation Analysis of Sodium Lauryl Ether Sulfate [SLES] Market:

Based on the Application, household detergents & cleaners are the maximum application sector for the overall Sodium Lauryl Ether Sulfate [SLES] Market share during the forecast period. Sodium Lauryl Sulfate is an anionic surfactant with a healthy amphiphilic base, making it compatible with both fat and water. The product is easily accessible and is a terrifying stain remover, making it an accepted ingredient among detergent producers.

Based on Form, liquid form accounted for the maximum market share during the forecast period. The unique properties of sodium lauryl ether sulfate and its ease of formulation and production, coupled with its similarity with all other kinds of surfactants has made SLES one of the most preferred primary surfactant for liquid detergents. Excellent cleaning properties and ease of application are turning the popularity of liquid detergents over the global market, further banking on the increasing number of laundry services, particularly in merged economies, therefore resulting in lucrative opportunities for the sodium lauryl ether sulfate market.

Based on the Type, the growing commercialization of personal care products such as body & face cleansers, soaps, shampoos, and others are majorly witnessed around the globe, having a positive impact on the global SLES market. Personal care product suppliers are adjusting their product lines to house baby boomers and incoming millennials, with an emphasis on emerging focused products.

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By Type

•Cosmetic Grade
•Industrial Grade
•Pharmaceutical Grade
•Others

By Production Method

•Inorganic Based
•Coco Based

By Form

•Liquid
•Dry

By Application

•Household Detergents & Cleaners
•Personal Care Products
•Dishwashing Liquids
•Medical
•Others

Additionally, we are offering company profiles for all of the major key companies. Please take the time to visit our company profiles. If you want to do any customized profiling for the companies do let us know.

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•https://introspectivemarketresearch.com/company-profiles/assa-abloy-group-company-overview/

Regional Analysis of Sodium Lauryl Ether Sulfate [SLES] Market:

Europe region accounted for the maximum market share during the forecast period for the Sodium Lauryl Ether Sulfate [SLES]. High living standards in the West European economies and awareness regarding personal care and cleanliness will be the key drivers of the regional market. Personal care products in Europe generated maximum revenue in the past years. The joining of the former communist nations in the European Union marked a significant industrial switch towards eastern Europe, turning the demand for industrial detergents and cleaners in the region.

By Region

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Players Covered in Sodium Lauryl Ether Sulfate [SLES] Market are:

•Godrej Industries
•BASF
•Taiwan NJC Corporation
•Stepan Company
•Ultra Group
•Kao Corporation
•Croda International
•Galaxy Surfactants
•Ho Tung Chemical
•Evonik Industries
•Huntsman Corporation
•Clariant Corporation
•The Dow Chemical Company
•Solvay
•Zhejiang Zanyu Technology
•Merck KGaA
•Sasol and other Major Players.

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The report provides insights on the following pointers:

1.Market Penetration: Offers comprehensive information on the market offered by the key players

2.Market Analysis: Provides detailed information on lucrative growing markets and examines market penetration across mature segments.

3.Market Diversification: Details regarding new product launches, untapped geographies, recent developments, and investments are provided.

4.Competitive Landscape: Provides an in-depth analysis of the top companies' market shares, strategies, products, certification, regulatory approvals, patent landscape, and production capabilities.

5.Industry Dynamics and Factors: Offers insightful information about future technologies, R&D initiatives, and game-changing product breakthroughs.

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