Sodium Lauryl Ether Sulfate [SLES] Global Market Report 2023

“Sodium Lauryl Ether Sulfate [SLES] Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on sodium lauryl ether sulfate [sles] market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for sodium lauryl ether sulfate [sles] ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The sodium lauryl ether sulfate [sles] market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Costemtic Grade; Industrial Grade; Pharmaceutical Grade

• 2) By Form: Dry; Liquid

• 3) By Application: Detergents And Cleaners; Personal Care; Agrochemicals; Medical Chemicals; Other Applications

• Companies Mentioned: Croda International Plc; Huntsman International LLC; Solvay SA; Taiwan NJC Corporation Ltd.; Stepan Company

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the sodium lauryl ether sulfate [sles] market are Croda International Plc, Huntsman International LLC, Solvay SA, Taiwan NJC Corporation Ltd., Stepan Company, Galaxy Surfactants Limited, Godrej Industries Ltd., Kao Corporation, Clariant AG, Evonik Industries AG, Quimicos del Cauca S.A.S., Akshar Chemical India Private Limited, Zhengzhou Joint Industry Corporation, Yantai Wenxu Industrial Co. Ltd., and Airedale Chemical.

The global sodium lauryl ether sulfate (SLES) market is expected to grow from $1.30 billion in 2022 to $1.38 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sodium lauryl ether sulfate (SLES) market is expected to reach $1.70 billion in 2027 at a CAGR of 5.3%.

The sodium lauryl ether sulfate (SLES) market consists of sales of ammonium lauryl sulfate (ALS), and sodium pareth sulfate. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Sodium lauryl ether sulfate (SLES) is a popular anionic surfactant found in a wide range of personal care products and for multiple industrial uses. It acts as a surfactant in cleaning products, wetting surfaces, and suspending soil so that it may be washed away. This component gives cleaning solutions foaming qualities to the products.

Asia-Pacific was the largest region in the sodium lauryl ether sulfate (SLES) market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the sodium lauryl ether sulfate (SLES) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of sodium lauryl ether sulfate (SLES) include cometic grade, industrial grade and pharmaceutical grade. Cosmetic-grade sodium lauryl ether sulfate refers to a raw ingredient used in the production of cosmetics. They are available in dry and liquid forms and are used in various applications such as detergents and cleaners, personal care, agrochemicals, medical chemicals and others.

Rising awareness about personal hygiene is expected to propel the growth of the sodium lauryl ether sulfate (SLES) market going forward. Personal hygiene refers to the practice of how a person cares for their body. Furthermore, the pandemic has heightened safety and hygiene concerns, resulting in increased consumption of personal care products and demand for sodium lauryl ether sulfate (SLES) utilized in these personal hygiene products. For instance, in September 2022, according to a report published by the US Bureau of Labor Statistics, a US-based government, the average annual expenditure for personal care products and services in 2020 was $646, which raised to $771 in 2021, representing a 19.3% annual increase. Therefore, the rising awareness about personal hygiene is driving the growth of the sodium lauryl ether sulfate (SLES) market.

Product innovation has emerged as a key trend gaining popularity in the sodium lauryl ether sulfate (SLES) market. Major companies operating in the market are advancing toward the use of bio-based solutions for the sodium lauryl ether sulfate (SLES) market. For instance, in June 2020, Pilot Chemicals, a US-based specialty chemical manufacturing company, announced the launch of Calfoam® ES-701 10 MAX and Calfoam® ES-702 10 MAX. This newly launched surfactant product has unique features that aid formulation in complying with new 1,4-Dioxane end-use product rules, which require no more than 2 parts per million (ppm). This newly launched surfactants product utilizes Pilot Chemical's state-of-the-art continuous sulfation technology during its production process.

In June 2021, One Rock Capital Partners LLC, a US-based investment company acquired BASF SE's production plant for an undisclosed amount. Through this acquisition, the plant was renamed Kensing LLC. The new firm preserves BASF's long commitment to quality and dependability and looks forward to bringing increased focus and resources to the company to promote continuing development across the primary end industries it services. BASF SE is a Germany-based chemical manufacturing company, and the Kankakee manufacturing site produces specialty chemicals including sodium lauryl ether sulfate for personal care products.

The countries covered in the sodium lauryl ether sulfate (SLES) market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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