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Sodium Lauryl Sulfate Market to see 5% CAGR over 2020-2026 | Key Payers are Croda, Clariant, Solvay, BASF, Sasol, Oxiteno, Stepan Company, Huntsman Corporation

03-26-2020 07:35 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: DecResearch.com

Sodium Lauryl Sulfate Market

Sodium Lauryl Sulfate Market

As per the latest research, Sodium Lauryl Sulfate Market will cross USD 800 million by 2026. Growing industrial usage for cleaning agents will propel the industry growth in the upcoming years. SLS finds a widespread application in the manufacturing of dishwashing liquids, household detergents & cleaners, industrial cleaners, personal care products, etc. A growing population coupled with pressing need to maintain health, hygiene, and cleanliness will drive the SLS usage.

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The sodium lauryl sulfate market research study provides a detailed survey of the vital players - this is based on the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans of industry contenders. This report is also anticipated to reflect consistent growth in years to come since consumers are now being rather aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders such as investors, traders, CEOs, suppliers, and more, need to be aware of.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Croda
2. Clariant
3. Huntsman Corporation
4. Solvay
5. Stepan Company
6. Galaxy Surfactants Limited
7. BASF
8. Godrej & Boyce Mfg. Co. Ltd.
9. Kao Corporation
10. Sasol
11. Miwon Commercial., Ltd.
12. Oxiteno
13. Melan Chemical Co. Ltd.
14. Taiwan NJC Corporation
15. Xiamen Ditai Chemicals Co. Ltd.

Global industrial cleaners demand is on the rise owing to increased awareness about industrial as well as workplace cleanliness. Rapid industrial growth around the world coupled with high priority given to industrial fire & safety will boost the demand for industrial cleaners which, directly driving the SLS consumption. The emerging nations of Asia Pacific and Latin America will be the major markets for industrial & institutional cleaners and this is likely to drive the global sodium lauryl sulfate market consumption till 2026

The competitive analysis comprising numerous market players is a rather noteworthy feature of the sodium lauryl sulfate market report, as it provides details about the direct and indirect competitors in the market. The report also provides the company profile of these market players inclusive of certain specifications, technologies, and their future development plans.

The rise in demand for personal care products will augment the sodium lauryl sulfate market demand over the forecast period. Growing awareness about personal hygiene & grooming coupled with R&D activities to make products specific to customer demand will boost the personal care industry in the coming years. Higher disposable income has also led to the willingness and ability to spend more on personal appearance. Additionally, large scale manufacturers are increasingly trying to establish a foothold in the emerging economies as they provide an immense opportunity for the industry due to the rising income levels and low level of competition from local manufacturers. These factors will drive the global SLS market growth throughout the forecast period.

Also, the strengths and weakness profiles of the competitive firms have been provided, so that the efficiency and the overall productivity of these companies will depict a rise. The sodium lauryl sulfate market report segmentation also aims to identify the high yield segments of the industry

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The market is divided with respect to the product type, end-use, and regional reach. Also, the report compares the growth rate and production value of the sodium lauryl sulfate market spanning different geographies.

The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

Europe has a vast market for personal care and beauty products. The personal care industry consists of segments such as hair care, oral care, facial care, cosmetics, perfumes & fragrances, and sanitary items. LOral, Maybelline and Estee Lauder are some major international brands spread across most of the European countries. High disposable income of consumers and luxurious lifestyles are two prime factors influencing personal care products consumption in this region. In addition, womens grooming products have high demand in UK, Germany, Italy and France.

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With the growing consumption of SLS in various cleaning applications, large scale manufacturers are increasingly trying to establish a foothold in the emerging economies as they provide an immense opportunity for the industry due to the rising income levels and low level of competition from local manufacturers. Essential manufacturers in the industry comprises of Galaxy Surfactants, Godrej Industries, Stepan, Solvay, Clariant, Huntsman, BASF, Croda International, Oxiteno, Kao Corporation, Melan Chemical, Xiamen Ditai Chemical, etc.

Main Features of the Global Market Research Report:

The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.

-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global industry.

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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

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.

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