Global Sodium Lauryl Sulfate Market to hit $700mn by 2024 - PowerPoint PPT Presentation

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Global Sodium Lauryl Sulfate Market to hit $700mn by 2024

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Sodium lauryl sulfate market applications are in household detergents & cleaners, personal care products, dish washing liquids, industrial cleaners, and others including paints & coatings, rubber, polymer additives, etc. – PowerPoint PPT presentation

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Title: Global Sodium Lauryl Sulfate Market to hit $700mn by 2024


1
Sodium Lauryl Sulfate (SLS) Market by Product
Type, Players and Regions-Forecast to 2024
2
Global Market Scenario of SLS Industry
  • Sodium Lauryl Sulfate (SLS) Market size will
    surpass USD 700 million by 2024 according to a
    new research report by Global Market Insights,
    Inc. Increasing personal care product demand
    throughout the globe, especially in the
    developing countries, will boost the global
    sodium lauryl sulfate (SLS) market.
  • Rising awareness pertaining to personal hygiene,
    grooming, and cleanliness along with growing
    research and development works to manufacture
    customer demand specific products will influence
    the industry positively.
  • Mens grooming products such as shampoos, body
    washes, shaving creams, etc. are gaining
    popularity in the market with the upcoming of
    several product brands. Overall personal care
    products market will likely exhibit growth at
    over a CAGR of 5 in coming years, giving a
    significant boost to the SLS market.

3
Continued...
  • Prevalence of traditional locally manufactured
    products and lack of awareness about sodium
    lauryl sulfate (SLS) based detergents, cleaners,
    or personal care products in the emerging
    countries may restrain the overall SLS market
    development in coming years.
  • In 2011, more than 70 of the global population
    belonged to the low-income group with daily
    income less than USD 10, most of which are
    concentrated in the developing and underdeveloped
    countries. These people are oblivious to the
    benefits of SLS based products and personal
    hygiene, negatively influencing the SLS market in
    next few years.
  • Sodium lauryl sulfate (SLS) market has been
    categorized on the basis of products into liquid
    and dry types, of which dry types are available
    in the form of needles, powder, and granules. SLS
    powder are convenient to store and transport and
    will gain the market at a faster rate. The
    segment will likely generate more than USD 380
    million in 2024 and growing at over a CAGR of 5
    in the forecast spell.

4
China Sodium Lauryl Sulfate (SLS) Market size, by
application, 2013 2024 (USD Million)
5

Browse Full Market Research Report _at_
http//bit.ly/2qqPQxN Press Release _at_
http//bit.ly/2oW2Zz0 To receive a sample
copy of this report _at_ http//bit.ly/2p02i60
6
360 Analysis
  • Sodium Lauryl Sulfate (SLS) Market, By Product
  • Global SLS market has been broadly classified
    into liquid and dry product types, with dry types
    available in the form of powder, needles, and
    granules.
  • SLS needles market was worth more than USD 100
    million out of the overall dry SLS market in
    2015.
  • Sodium Lauryl Sulfate (SLS) Market, By Region
  • Huge population along with residential and
    industrial buildings in Asia Pacific makes the
    region a high prospect for the global SLS market
    for the upcoming years.
  • North America, led by the U.S., accounted for
    more than 15 of the global SLS market share in
    2015. The region will witness a sluggish growth
    rate compared to other regions due to detergents
    and personal care products market maturity.


7
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