Market Insights
The Ammonium Lauryl Sulfate (ALS) Market estimated to grow from USD xx billion in 2020 to USD xx billion by 2026 at a healthy CAGR of xx% during the forecast period.
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Ammonium Lauryl Sulfate (ALS) Market- Research Scope
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Base Year of Study
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2020
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Trend Period
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2015-2019
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Forecast Period
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2021-2026
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Region with the highest demand
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Asia-Pacific
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Key players
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Fitz Chem LLC (US), Surface Chemical Industry (US), Seidler Chemical (US), Parchem Fine & Specialty Chemicals (US), VINAMAX ORGANICS Pvt. Ltd. (India), BariteWorld / Division Of Rockleigh Industries Inc. (US).
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What is Ammonium Lauryl Sulfate (ALS)?
Ammonium lauryl sulfate (ALS) is known as a sulphate ester. It consists of a nonpolar hydrocarbon chain and a polar sulfate end group. It is made using coconut or palm kernel oil. Based on grade, it can be categorized as food grade, pharma grade and industrial grade.
Covid-19 Impact Analysis
The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of ammonium lauryl sulfate (ALS) declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.
Key Players
Key players operating in the Ammonium Lauryl Sulfate (ALS) Market are-
- Fitz Chem LLC (US)
- Surface Chemical Industry (US)
- Seidler Chemical (US)
- Parchem Fine & Specialty Chemicals (US)
- VINAMAX ORGANICS Pvt. Ltd. (India)
- BariteWorld / Division Of Rockleigh Industries Inc. (US)
Market Dynamics
The global growth of ammonium lauryl sulfate (ALS) market size is primarily driven by high product usage in personal care products such as soap, body-wash and shampoo among others. Increasing product demand in detergents is expected to propel the market growth substantially during the forecast period. In addition to this, rising product use in industrial applications such as paper and textile in the developing countries is likely to create lucrative opportunities for the players operating in the global market in the coming years.
Segment’s Analysis
Application Trends
Based on application, the ammonium lauryl sulfate (ALS) market has been divided into food, cosmetics and personal care, paper and textile, pharmaceutical and others. The cosmetics and personal care application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing demand for personal care products across the geographies particularly developing countries.
Regional Trends
By region, the Asia-Pacific ammonium lauryl sulfate (ALS) market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the significant growth of the surfactants, textile, food & beverage and personal care & cosmetics industries in the region. The market growth in North America region is expected to grow at a considerable CAGR during the review on account of presence of established end-use industries and presence of key market players such as Fitz Chem LLC (US) and Surface Chemical Industry (US).
Critical Questions Answered in the Report
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global ammonium lauryl sulfate (ALS) market. The historic years considered for the study are 2016-2019, base year is 2020, estimated year is 2021, and forecast period is 2022-2026. Following are the critical questions answered in the report.
- What are the key trends in the Ammonium Lauryl Sulfate (ALS) market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
- What is the impact of COVID-19 on Ammonium Lauryl Sulfate (ALS) market?
- What are the key strategies adopted by the major vendors to lead in the Ammonium Lauryl Sulfate (ALS) market?
Target Audience
The target audience of Ammonium Lauryl Sulfate (ALS) Market includes-
- Ammonium Lauryl Sulfate (ALS) Vendors
- Ammonium Lauryl Sulfate (ALS) Manufacturers
- Ammonium Lauryl Sulfate (ALS) Distributors
- Organizations
- Government Bodies
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