Sodium Lauryl Sulfate Market Growth & Analysis | 2023-28

Market Insights

The sodium lauryl sulfate market is estimated to grow from USD 652.36 million in 2022 to USD 861.77 million by 2028 at a CAGR of 4.61% during the forecast period.

Wish to get a Free Sample? Register here.

What is sodium lauryl sulfate?

Sodium lauryl sulfate is an anionic detergent and surfactant found in many household and industrial cleaning products. Based on product type, Sodium lauryl sulfate can be categorized into liquid sodium lauryl sulfate and dry sodium lauryl sulfate. On the basis of application served, it can be categorized into dish washing liquids, household detergents & cleaners, industrial cleaners, and personal care products.

Market Dynamics

The sodium lauryl sulfate market is driven by a host of factors, some of which are noted below:

• According to the market study, there has been significant growth in demand for detergents and cleaning products, driven by the expanding personal care industry in the Asia-Pacific region.
• Market growth is expected to be stifled by the increasing concern over the toxicity of sodium lauryl sulfate, primarily due to the availability of bio-based alternatives.
• The market is expected to experience new growth opportunities due to its expanding application footprint across various industries.
• The Asia-Pacific region, primarily dominated by China and India, accounted for the majority of global market consumption, followed by North America and Europe.

To get the full scope of the report, Register here.

Segment Analysis

By Product Type

The market is segmented as liquid and dry. The dry segment is further bifurcated into powder, needles, and granules. The liquid segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Liquid sodium lauryl sulfate is majorly used for day-to-day applications, whereas dry sodium lauryl sulfate is majorly preferred for applications, where strong cleansing is required.

By Application Type

The sodium lauryl sulfate market is segmented as dish washing liquids, household detergents & cleaners, industrial cleaners, and personal care products. The household detergents & cleaners segment held the largest share of more than 50% the in 2021, and is also expected to witness a healthy growth during the forecast period. Household detergents & cleaners majorly include liquid & powder laundry detergents, all-purpose cleaners, floor cleaners, toilet cleaners, kitchen cleaners, glass cleaners, carpet cleaners, upholstery cleaners, stain removers, and hard surface cleaners.

By Region

Asia-Pacific is estimated to be the largest market for sodium lauryl sulfate during the forecast period. China, Japan, Taiwan, South Korea and India are the major economies contributing towards the growth and high demand for sodium lauryl sulfate in the region.

Huge consumer base, growing disposable income of consumers, increasing popularity of takeaway foods, and growing awareness towards personal and community hygiene are the major factors driving the growth of the Asia-Pacific sodium lauryl sulfate market. North America and Europe are also expected to witness a healthy demand for sodium lauryl sulfate during the forecast period.

Want to know which region offers the best growth opportunities? Register here.

Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. 

The sodium lauryl sulfate market is segmented into the following categories. 

By Product Type:

• Liquid Lauryl Sulfate 
• Dry Sodium Lauryl Sulfate
• Regional Analysis: North America, Europe, Asia-Pacific, and RoW
• Type Analysis: Powder, Needles, and Granules

By Application Type:

• Dish Washing Liquids 
• Household Detergents & Cleaners 
• Industrial Cleaners 
• Personal Care Products 

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

key Players

Some of the major players in the sodium lauryl sulfate market are-

• Huntsman Corporation
• Croda International
• Solvay S.A
• Clariant Corporation
• Stepan Company
• BASF SE
• Galaxy Surfactants Ltd.
• Godrej Industries Limited
• Kao Corporation
• Melan Chemical Co. Ltd.
• Oxiteno S/A.
• Indústria E Comércio
• Xiamen Ditai Chemical Company Limited.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

What Deliverables Will You Get in this Report?

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by application type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com