Press release
Sodium Lauryl Ether Sulfate [SLES] Industry Set to Achieve $1.96 Billion Milestone by 2029 | Steady 6.5% CAGR
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Sodium Lauryl Ether Sulfate [SLES]
What Is the Long-Term Growth Forecast for the Sodium Lauryl Ether Sulfate [SLES] Market Size 2025?
The steady expansion witnessed in the sodium lauryl ether sulfate [sles] market over the recent past is set to continue, with the market expected to increase from $1.46 billion in 2024 to $1.52 billion in 2025, marking a compound annual growth rate (CAGR) of 4.5%. This growth during the historic period is largely a result of the surge in demand for personal care items, surfactants, and detergent manufacturing; the expansion in the homecare products sector; prevailing cosmetics and personal care trends; and heightened consumer awareness and preferences.
What CAGR is Forecasted for the Sodium Lauryl Ether Sulfate [SLES] Market Through 2029?
The market size of sodium lauryl ether sulfate [sles] is anticipated to witness substantial growth in the approaching years, with a projection to reach $1.96 billion by 2029 at a compound annual growth rate (CAGR) of 6.5%. The forecasted growth can be credited to the expansion of the personal care industry, increased demand for surfactants, ongoing growth in detergent production, a shift towards environmentally friendly formulas, and product diversification in personal care. The forecast period will be marked by trends like natural and organic formulas, sustainable and biodegradable surfactants, the clean beauty movement, innovative product formulations, and diverse offerings in personal care.
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What Are the Critical Factors Driving Sodium Lauryl Ether Sulfate [SLES] Market Development?
The understanding and importance of personal cleanliness are set to reinforce the expansion of the sodium lauryl ether sulfate (SLES) market. Personal hygiene is linked to an individual's personal care routines. The pandemic has escalated concerns related to health and cleanliness, leading to an increase in the use of personal hygiene items and creating demand for sodium lauryl ether sulfate (SLES) which is used in these products. For example, a study by the US Bureau of Labor Statistics, a U.S.-based government agency, shows that in 2022, the average yearly spending on personal care items and services was $855, and this went up to $950 in 2023. As a result, the emphasis on personal hygiene awareness is steering the growth of the sodium lauryl ether sulfate (SLES) market.
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How Does the Sodium Lauryl Ether Sulfate [SLES] Market Break Down Across Major Segments?
The sodium lauryl ether sulfate [sles] market covered in this report is segmented -
1) By Type: Cosmetic Grade, Industrial Grade, Pharmaceutical Grade
2) By Form: Dry, Liquid
3) By Application: Detergents And Cleaners, Personal Care, Agrochemicals, Medical Chemicals, Other Applications
Subsegments:
1) By Cosmetic Grade: Hair Care Products, Skin Care Products
2) By Industrial Grade: Household Cleaning Products, Industrial Detergents
3) By Pharmaceutical Grade: Active Pharmaceutical Ingredients (APIs), Excipients In Formulations
What Are the Major Trends Transforming the Sodium Lauryl Ether Sulfate [SLES] Industry?
A fundamental trend gaining traction in the sodium lauryl ether sulfate (SLES) market is the advent of product innovation. Multiple established businesses in this sector are progressing towards employing bio-based methods. In June 2022, Solvay S.A., a chemical enterprise based in Belgium and a provider of cosmetic components, unveiled two pioneering biosurfactants, Mirasoft SL L60 and Mirasoft SL A60. These aid in the development of beauty care products that align with environmental sustainability. The Mirasoft series, premised on sugar and rapeseed oil and with a diminished carbon and environmental footprint, can be incorporated in a diverse set of beauty products such as face cleansers, body lotions, shower gels, hair shampoos, and conditioners. This new range of Mirasoft products targets the generation of fresh commercial possibilities backed by biotechnology and end-of-life product administration, along with satisfying the escalating demand for eco-friendly solutions by enhancing the proportion of renewable carbon in Solvay's product portfolio.
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Which Players Are Driving Innovation in the Sodium Lauryl Ether Sulfate [SLES] Market?
Major companies operating in the sodium lauryl ether sulfate [sles] market include Croda International Plc, Huntsman International LLC, Solvay SA, Taiwan NJC Corporation Ltd., Stepan Company, Galaxy Surfactants Limited, Godrej Industries Ltd., Kao Corporation, Clariant AG, Evonik Industries AG, Quimicos del Cauca S.A.S., Akshar Chemical India Private Limited, Zhengzhou Joint Industry Corporation, Yantai Wenxu Industrial Co. Ltd, Airedale Chemical Company Limited, BASF SE, Dow Inc., Sasol Limited, Oxiteno S.A. Indústria e Comércio, Vinati Organics Limited, Lion Corporation, Zhejiang Zanyu Technology Co. Ltd., Guangzhou Startec Science and Technology Co. Ltd., Xinyi Hengchang Chemical Co. Ltd., Lubrizol Corporation, Enaspol a.s., Innospec Inc., Hydrite Chemical Co., Sinolight Chemicals Co. Ltd., Miwon Commercial Co. Ltd., Sinopec Jinling Petrochemical Co., Yangzhou Chenhua New Materials Co. Ltd.
Which Regions Are Driving Global Sodium Lauryl Ether Sulfate [SLES] Market Expansion?
Asia-Pacific was the largest region in the sodium lauryl ether sulfate (SLES) market in 2024 and is expected to be the fastest-growing region in the sodium lauryl ether sulfate (SLES) market during the forecast period. The regions covered in the sodium lauryl ether sulfate [sles] market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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