Press release
What's Driving The Sodium Lauryl Ether Sulfate Market Size? | Solvay, Evonik, Croda, BASF, Huntsman Corporation, Renowned Companies Stepan Company, Clariant, Galaxy Surfactants Limited, The Dow Chemical Company, Kao Corporation, Godrej Group, Ho Tung Chem
Sodium Lauryl Ether Sulfate Market
Asia Pacific SLES market will register more than a third of the overall Sodium Lauryl Ether Sulfate Market share in 2024 owing to increasing awareness towards personal, residential, and institutional hygiene in the developing countries such as China and India. The regional market will likely grow at a CAGR over 5% in the forecast span.
Request for a sample of this research report @ www.gminsights.com/request-sample/detail/1395
Europe SLES market will witness a decent growth in the next eight years owing to the enhanced living standards of the Western Europe population. The region will generate close to USD 400 million in 2024, witnessing growth at more than 4.5% CAGR.
Sodium Lauryl Ether Sulfate Market is slated to witness significant growth over the years to come, as SLES is one of the main constituents of various household products such as dish washing soaps and household cleaners. Sodium lauryl ether sulfate (SLES) has been gaining popularity among various personal care product manufacturers pertaining to its effective foaming capabilities and cost effectiveness.
Sodium Lauryl Ether Sulfate (SLES) Market by Application
• Detergents & cleaners
• Personal care products
• Others
SLES is a cost-efficient anionic surfactant and foaming agent commonly used in shampoos, soaps, body washes, toothpastes, and several other daily use personal care products. Increasing pollution and concerns about personal grooming, appearance, and health will positively influence the global personal care products market, which generated more than USD 500 billion in 2015 and will have a decent growth rate in the coming years. Moreover, regular development and commercialization of new personal care products to meet specific customer demands will also bolster the global SLES market in the forecast spell.
Contamination and the lack of cleanliness are root causes of various diseases. Increasing awareness among the people about their health and hygiene will thus stimulate sodium lauryl ether sulfate industry size. The increasing commercialization of personal care product will also enhance the industry growth. As per the report by Global Market Insights, Inc., “Worldwide sodium lauryl ether sulfate market was worth USD 1 billion in 2015 and will register a CAGR of more than 5% over the period of 2016 – 2024.”
Sodium lauryl ether sulfate or Sodium Lauryl Ether Sulfate Market research report has been categorized on application basis into personal care products, detergents & cleaners, and other applications.
Make an inquiry for purchasing this report @ www.gminsights.com/inquiry-before-buying/1395
In 2024, detergents & cleaners application segment of the global SLES market was worth over USD 650 million and it will hold sway throughout the forecast spell owing to the superior foaming and stain removal properties in both hard and soft water.
Personal care products such as body and face cleansers, shampoos, soaps, toothpastes, etc. will account for over 25% of the overall Sodium Lauryl Ether Sulfate Market (SLES) market share by 2024 and expanding at more than 6% CAGR. Though the market may face competition from organic substitutes in the developing countries, growing acceptance of the product in the developing economies will propel the market growth.
Growing awareness about personal hygiene along with huge investments in the commercial activities of personal care products will have a significant impact on global sodium lauryl ether sulfate or sodium laureth sulfate (SLES) market in the coming years.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Solvay
2. Evonik
3. Croda
4. BASF
5. Huntsman Corporation
6. The Dow Chemical Company
7. Stepan Company
8. Clariant
9. Galaxy Surfactants Limited
10. Kao Corporation
11. Godrej Group
12. Ho Tung Chemical Corp.
13. Zhejiang Zanyu Technology Co., Ltd
14. Ultra Group
Harmful side effects and increasing substitution of the product with organic and bio-based chemicals may restrain the global Sodium Lauryl Ether Sulfate Market growth in upcoming years.
Rising health concerns pertaining to SLES based personal care products due to traces of a carcinogenic chemical, 1,4-dioxane, in the by-products during the product synthesis have encouraged the manufacturers to find safer organic substitutes derived from natural sources such as palm oils, coconut, argan oil, etc. Inclination towards the usage of these products, especially in the developed countries, may have negative effects on the SLES market in the forecast timespan.
Browse key industry insights report, Sodium Lauryl Ether Sulfate (SLES) Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sodium-lauryl-ether-sulfate-SLES-market
Sodium Lauryl Ether Sulfate Market competitive landscape is fragmented due to presence of numerous multinational conglomerates such as BASF SE, Evonik Industries, Huntsman Corporation, The Dow Chemical Company, Clariant Corporation, Croda International, and Solvay SA.
Other notable manufacturers include Kao Corporation, Stepan Company, Godrej Industries, Galaxy Surfactants, Ultra Group, Zhejiang Zanyu Technology, Ho Tung Chemical, and Taiwan NJC Corporation.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's Driving The Sodium Lauryl Ether Sulfate Market Size? | Solvay, Evonik, Croda, BASF, Huntsman Corporation, Renowned Companies Stepan Company, Clariant, Galaxy Surfactants Limited, The Dow Chemical Company, Kao Corporation, Godrej Group, Ho Tung Chem here
News-ID: 1775213 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Sodium
Global Sodium Metasilicate Pentahydrate Market, Global Sodium Metasilicate Penta …
The Sodium Metasilicate Pentahydrate market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Sodium Metasilicate Pentahydrate Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Sodium Metasilicate Pentahydrate market. The report focuses on well-known providers…
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market Current Trends and …
An uptick in the demand for sodium acetate trihydrate and sodium acetate anhydrous market will lead to moderately healthy growth in both these markets to 2020, says a latest study published by Transparency Market Research. The report, “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” is composed of sharp insights and an array of informative tables and charts. The…
Sodium Hyaluronate Market
Sodium Hyaluronate is a polysaccharide of linear and repeating structural units. It is the sodium salt of the hyaluronic acid which is a glycosaminoglycan found in various connective tissues of humans. It is a hyaluronic acid derivative and works by growing the efficiency of the fluid inside the knee joint and performs as a lubricant and shock absorber.
View complete report: https://www.futuremarketinsights.com/reports/sample/rep-gb-4741
Global Sodium Hyaluronate Market: Drivers and Restraints
The major factor…
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market Latest Trends, Dem …
An uptick in the demand for sodium acetate trihydrate and sodium acetate anhydrous market will lead to moderately healthy growth in both these markets to 2020, says a latest study published by Transparency Market Research. The report, “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” is composed of sharp insights and an array of informative tables and charts. The…
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market Plan, Supply and R …
An uptick in the demand for sodium acetate trihydrate and sodium acetate anhydrous market will lead to moderately healthy growth in both these markets to 2020, says a latest study published by Transparency Market Research. The report, “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” is composed of sharp insights and an array of informative tables and charts. The report projects the…
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Growth Prospects, Trends …
An uptick in the demand for sodium acetate trihydrate and sodium acetate anhydrous market will lead to moderately healthy growth in both these markets to 2020, says a latest study published by Transparency Market Research. The report, “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” is composed of sharp insights and an array of informative tables and charts.
View…
