Press release
What Are The Factors Driving The Sodium Lauryl Ether Sulfate Market Trends By 2024? | Evonik, Croda, BASF, Solvay, Huntsman Corporation, Renowned Companies Stepan Company, Clariant, Galaxy Surfactants Limited, The Dow Chemical Company, Kao Corporation, Go
Sodium Lauryl Ether Sulfate Market
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.”
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1395
Growth drivers
• Increasing household detergents market
• Rising personal care products demand
Majorly driven by the rising consumer consciousness regarding personal hygiene, Sodium lauryl ether sulfate (SLES) market is set to grow at a CAGR of 5% over the coming years. A high rate of commercialization of personal care products such as body soaps, lotions, cleansers, shampoos, and conditioners will have a positive influence on the overall sodium lauryl ether sulfate industry. Major companies have recognized the shifting trends of consumers toward hygiene and cleanliness, and have accordingly expanded their product portfolio to target a wider customer base.
Sodium Lauryl Ether Sulfate (SLES) Market by Application
• Detergents & cleaners
• Personal care products
• Others
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1395
In addition, sodium lauryl ether sulfate market participants concentrate on increasing the number of research and development activities in order to come up with an impressive range of innovative products. For instance, BASF had established a R&D facility in India and had formed alliances with many universities in Asia to strengthen their business position. For that matter, the year 2014 had even witnessed Stepan Company launching an R&D facility in Brazil to strengthen their surfactants domain.
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
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.
Europe sodium lauryl ether sulfate industry collected a revenue of USD 250 million in 2015 and is slated to generate considerable revenue with an annual growth rate of above 4.5% over 2016-2024. High living standards along with increasing consciousness among the people about cleanliness and personal care will boost the product demand noticeably across this region. As per estimates, in 2015, Europe contributed a revenue of USD 100 million toward the overall sodium lauryl ether sulfate industry via personal care product sales.
SLES market is quite fragmented and encompasses the participation of several renowned biggies. Major players operating in this business include BASF, Dow Chemical Company, Croda International, Ho Tung Chemical, Huntsman Corporation, Clariant Corporation, Zhejiang Zanyu Technology, Stepan Company, Ultra Group, Evonik Industries, Solvay, Taiwan NJC Corporation, Galaxy Surfactants, Kao Corporation, and Godrej Industries.
The above information is provided on a regional and country basis for the following:
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Spain
• Italy
• Asia Pacific
• China
• India
• Japan
• Australia
• Indonesia
• Malaysia
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• GCC
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 or Sodium Lauryl Ether Sulfate Market research report has been categorized on application basis into personal care products, detergents & cleaners, and other applications.
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.
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: https://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 Are The Factors Driving The Sodium Lauryl Ether Sulfate Market Trends By 2024? | Evonik, Croda, BASF, Solvay, Huntsman Corporation, Renowned Companies Stepan Company, Clariant, Galaxy Surfactants Limited, The Dow Chemical Company, Kao Corporation, Go here
News-ID: 1783288 • 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…
