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Sodium Lauryl Sulfate Market Share

Report ID: GMI1396
Published Date: Oct 2021
Report Format: PDF

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Sodium Lauryl Sulfate Market Share

Major participants in the overall sodium lauryl sulfate market is positively involved in R&D activities along with mergers & acquisitions to gain competitive advantages. For instance, in August 2021, Indorama Ventures acquired Oxiteno. This acquisition will expand new business opportunities for Oxiteno, specifically in the Asian market. Moreover, companies are investing in plant based SLS products to minimize the environmental impacts.

Key market players of the sodium lauryl sulfate industry are

Croda International
Clariant Corp.
Melan Chemical Co., Ltd.
Stepan Company
Xiamen Ditai Chemical Co., Ltd
Galaxy Surfactants
Kao Corporation
Solvay
BASF SE
Oxiteno
Pilot Chemical
Godrej Industries Limited
Innospec

Authors: Kiran Pulidindi, Saurabh Bhalerao

Frequently Asked Questions (FAQ) :

Sodium lauryl sulfate market size surpassed USD 590 million in 2020 and will grow at a 3.8% CAGR from 2021 to 2027 with surging demand for household cleaners & detergents and industrial cleaning agents.

Dry sodium lauryl sulfate market could touch USD 620 million by 2027 on account of applications across detergent formulation and personal care & beauty products.

Household cleaners & detergents held more than 55% share of sodium lauryl sulfate market in 2020 and will grow with rising urbanization in developing countries.

Asia Pacific sodium lauryl sulfate market touched USD 265 million in 2020 owing to thriving personal care & cleaning industry.

Clariant Corp., Stepan Company, Croda International, Melan Chemical Co., Ltd., BASF SE, Kao Corporation, Solvay, Oxiteno and Godrej Industries Limited are some of the key players in sodium lauryl sulfate industry.