Global Sodium Lauryl Sulfate Market – Industry Trends and Forecast to 2029

Global Sodium Lauryl Sulfate Market, By Product (Liquid, Dry), Production Method (Inorganic Based, Coco Based), Application (Dish Washing Liquids, Household Detergents and Cleaners, Industrial Cleaners, Personal Care Products) – Industry Trends and Forecast to 2029.

 Sodium Lauryl Sulfate Market Analysis and Size

Sodium lauryl sulfate is mainly used in the production of laundry powder, cleaning liquid, dishwashing liquid, other household cleaners, and other industrial applications. The major market players of sodium lauryl sulfate market are focusing on easy access to raw materials and meeting environmental regulations which is expected to augment the growth of the sodium lauryl sulfate market during the forecast period.

Data Bridge Market Research analyses that the sodium lauryl sulfate market was valued at USD 615.37 million in 2021 and is expected to reach USD 861.81 million by 2029, registering a CAGR of 4.30% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Sodium Lauryl Sulfate Market Scope and Segmentation

Market Definition

Sodium lauryl sulfate is one of laundry detergent's most common ingredient. It is a synthetic detergent belonging to a class of alkyl sulfates. When it is used in the form of detergents, it provides several advantages, such as high foam production, strong cleansing power at a low production cost. Moreover, it is a highly effective surfactant and widely used in that task requiring removing residues and oily stains. Some of the detergents are sodium lauryl sulfate used as floor cleaners, car wash soaps and cloth detergents.

Global Sodium Lauryl Sulfate Market Dynamics

Drivers

• Rising demand of Sodium lauryl sulfate in detergent and soap industries

Sodium lauryl sulfate is widely used in detergent industries because it delivers physiochemical properties which enable it to act as washing agent. Sodium lauryl sulfate functions as an excellent softening agent and emulsifier. It is used in liquid detergents, soap, household detergents and others. The sodium lauryl sulfate modifies the viscosity of slurry washing powder and paste detergent. Moreover, this sulfonate is employed in institutional and industrial cleaners. The increasing demand for sodium lauryl sulfate in detergent and soap industries is expected to drive the market's growth rate.

• Growing demand of household cleaning detergents

Household cleaning detergents hold the largest market share among other end user industries. The household detergent trade includes pre-spotters, carpet cleaners, laundry detergents and dishwasher detergents. Also, increasing need to keep residences hygienic and clean has constantly encouraged the use of home cleaning agents which eventually increases the demand of the sodium lauryl sulfate as a cleansing and foaming agent. The rising demand of household cleaning detergents is anticipated to boost the growth rate of the sodium lauryl sulfate market.

Opportunities

• Increasing consumption of sodium lauryl sulfate in multiple end user industries

Rising consumption of sodium lauryl sulfate in several industries, such as used in several end- use industries, including personal care, cosmetics, laundry detergents, and lubricants.  Rapidly rising personal care sector and rise in consumer spending on the quality products are expected to create immense opportunities for the sodium lauryl sulfate market growth. 

• Increasing focus on personal care and hygiene

Growing government initiatives and consumer awareness to create awareness regarding the maintenance of personal hygiene are anticipated to complement the demand for the sodium lauryl sulfate during the forecast period. Organizations including the Worldwide Cleaning Industry Association and the National Cleaners Association are spreading awareness and imposing strict rules on maintaining public health and safety standards. The growing awareness regarding hygiene will generate lucrative opportunities for the market growth rate.

Restraints/ Challenges

• Issues associated with sodium lauryl sulfate

The growing number of health and environmental hazards and easy availability of bio-based alternatives will likely hinder the growth of the sodium lauryl sulfate market. Lack of awareness in emerging economies regarding the benefits of the product will become the foremost challenge for the growth of the sodium lauryl sulfate market during the forecast period of 2022-2029.

This sodium lauryl sulfate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sodium lauryl sulfates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Sodium Lauryl Sulfate Market

The COVID-19 outbreak has adversely affected the sodium lauryl sulfate industry. As a result of this pandemic, the government has implemented stringent global rules, which has severely affected the growth of the specialty surfactants market. The sodium lauryl sulfate industry plays a vital role in the production of large number of products such as personal care & cosmetics, soap & detergents, and so on. The demand for sodium lauryl sulfate increased from the soap & detergents industry during the pandemic. Thus, the ongoing spread of COVID-19 overall the globe is expected to impact the demand of sodium lauryl sulfate market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Sodium Lauryl Sulfate Market Scope

The sodium lauryl sulfate market is segmented on the basis of product, production method and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Liquid
• Dry

Production Method

• Inorganic Based
• Coco Based

Application

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

Sodium Lauryl Sulfate Market Regional Analysis/Insights

The sodium lauryl sulfates market is analysed and market size insights and trends are provided by country, product, production method and application as referenced above.

The countries covered in the sodium lauryl sulfate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the sodium lauryl sulfate market in terms of market share and revenue. China dominates the Asia-Pacific sodium lauryl sulfate market owing to the rising applications in detergents and cleaners along with easy availability of different products in this region.

South America is expected to be the fastest developing region during the forecast period of 2022-2029 due to the growth of the household and home care products industry. Brazil is likely to hold the largest growth rate owing to the growing levels of disposable income of the consumers in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Sodium Lauryl Sulfate Market Share Analysis

The sodium lauryl sulfate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sodium lauryl sulfate market.

Some of the major players operating in the sodium lauryl sulfate market are:

• BASF SE (Germany)
• Clariant (Switzerland)
• Croda International Plc (U.K.)
• Dow (U.S.)
• ELEMENTIS PLC (U.K.)
• Emery Oleochemicals (U.S.)
• Evonik Industries AG (Germany)
• Godrej Industries Limited (India)
• Huntsman International LLC (U.S.)
• Innospec (U.S)
• Kao Corporation (Japan)
• KLK OLEO. (Malaysia)
• Lonza (Switzerland)
• MITSUI & CO., LTD. (Japan)
• Sasol (South Africa)
• Solvay (Belgium)
• Stepan Company (U.S.)
• Sumitomo Corporation (Japan)