Sodium Lauryl Sulfate Market Size & Share, by Type (Powder, Liquid); End-user (Personal Care, Pharmaceuticals, Food & Beverage) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5242
  • Published Date: Sep 18, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024 - 2036

Sodium Lauryl Sulfate Market size is anticipated to reach USD 20 billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of sodium lauryl sulfate was over USD 10 billion. The SLS market has been experiencing steady growth due to its widespread use in various industries, including personal care products, detergents, and industrial applications. The market size and growth rate are influenced by factors such as population growth, urbanization, and increased consumer awareness of personal hygiene.

The sodium lauryl sulfate market was expected to continue growing, albeit with a focus on more sustainable and environmentally friendly alternatives. The adoption of green chemistry practices and the development of bio-based surfactants could impact the market's trajectory. Concerns about the environmental impact of SLS production and disposal have led to efforts to develop more sustainable alternatives.


Sodium Lauryl Sulfate Market
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Sodium Lauryl Sulfate Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand in Personal Care Products: SLS is a crucial ingredient in personal care items such as shampoos, soaps, and toothpaste due to its foaming and cleansing properties. The growing global population, coupled with increased consumer emphasis on personal grooming and hygiene, has driven the demand for SLS in this sector. The global personal care and cosmetics sales were valued at USD 458.7 billion in 2020.
  • Increasing Consumer Awareness of Personal Hygiene: The COVID-19 pandemic has heightened global awareness of personal hygiene and cleanliness. As a result, there has been a surge in demand for hygiene-related products, including SLS-based soaps and sanitizers.
  • Sustainable Alternatives and Innovation: In response to environmental concerns, the industry is exploring sustainable alternatives to SLS. Innovations in green chemistry and the development of eco-friendly surfactants have gained traction, aligning with evolving consumer preferences.

Challenges

  • Environmental Concerns: SLS production and disposal can have adverse environmental effects, including water pollution and the release of greenhouse gases. This raises concerns about sustainability and environmental responsibility.
  • Legislative intent of a variety of national laws or international initiatives such as agreements, strategies, or conventions
  • Customer Preference driving purchasing preferences

Sodium Lauryl Sulfate Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~8%

Base Year Market Size (2023)

~ USD 10 Billion

Forecast Year Market Size (2036)

~ USD 20 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Sodium Lauryl Sulfate Segmentation

Type (Powder, Liquid)

The liquid segment in the sodium lauryl sulfate market is estimated to gain the largest market share of 60% in the year 2036. Liquid SLS is a popular choice in personal care products, including shampoos, body washes, and liquid soaps, due to its ability to create a rich foaming lather. The personal care industry's consistent growth contributes significantly to the demand for liquid SLS. Liquid SLS offers formulation flexibility for product developers and manufacturers, allowing them to create a wide range of liquid personal care products. Its liquid form simplifies the production process and enhances product consistency.

End User (Personal Care, Pharmaceuticals, Food & Beverage)

Sodium lauryl sulfate market from the pharmaceuticals segment is expected to garner a significant share in the year 2036. SLS is employed as a solubilizing agent in pharmaceutical formulations to enhance the solubility of poorly water-soluble drugs. This enables the development of more effective drug delivery systems. The global pharmaceutical excipients industry is projected to grow by 5.2% by the year 2028, as per a report. SLS's solubility-enhancing properties contribute to improved bioavailability of drugs. This is particularly critical for drugs with low water solubility, ensuring more efficient drug absorption in the body.

Our in-depth analysis of the global market includes the following segments:

           Type

  • Powder
  • Liquid

           End User

  • Personal Care
  • Pharmaceuticals
  • Food & Beverage

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Sodium Lauryl Sulfate Industry – Regional Synopsis

APAC Market Forecast

The sodium lauryl sulfate market in the Asia Pacific region is projected to hold the largest market share of 38% by the end of 2036. The Asia Pacific region is home to a burgeoning personal care and cosmetics industry. SLS is a key ingredient in products like shampoos, body washes, and toothpaste, contributing significantly to the SLS market's growth. The Asia Pacific personal care market sales were nearly USD 108 billion in the year 2019.

North American Market Statistics

The sodium lauryl sulfate market in the North American region is projected to hold the second-largest share during the forecast period. SLS plays a pivotal role in the detergent and cleaning products sector in North America, including household and industrial applications. The demand for effective cleaning solutions bolsters the sodium lauryl sulfate market. North America boasts a robust personal care and cosmetics industry, where SLS is a key ingredient in products like shampoos, soaps, and toothpaste. This contributes significantly to the growth of the SLS market.

Research Nester
Sodium Lauryl Sulfate Market Size
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Companies Dominating the Sodium Lauryl Sulfate Landscape

top-features-companies
    • BASF SE
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Stepan Company
    • Croda International Plc
    • Solvay S.A.
    • Sasol Limited
    • KLK OLEO
    • Galaxy Surfactants Ltd.
    • Godrej Industries Ltd.
    • Kao Corporation
    • Lion Corporation

In-the-news

In The News

  • Stepan Company announced today the completion of its acquisition of the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC.  The acquisition includes intellectual property, commercial relationships, and inventory.  Financial terms of the transaction were not disclosed.
     
  • Stepan Company Featured in Singapore Chemicals, Ingredients and Materials 2022 Report. The company is included in the 2022 edition of the Singapore Chemicals, Ingredients and Materials Reports series. Stepan is recognized for its commitment to delivering innovative products from responsibly sourced materials that promote energy efficiency, improved health and wellness, and reduced environmental impact.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5242
  • Published Date: Sep 18, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for pharmaceuticals is the major factor driving the market growth.

The market size of sodium lauryl sulfate is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are BASF SE, Stepan Company, Croda International Plc, Solvay S.A., Sasol Limited, KLK OLEO, and others.

The pharmaceuticals segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Sodium Lauryl Sulfate Market Report Scope
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