The global SLS, SLES, and LAS Market is expected to be worth US$11.61 bn by the end of 2025 from US$8.23 bn in 2016.
Albany, NY -- (SBWIRE) -- 03/16/2018 -- Recently, a new informative report titled "SLS (SLS Dry and SLS Liquid), SLES, and LAS Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025" has been submitted to the vast database of Market Research Reports Search Engine (MRRSE). The report projects the market to surge at a CAGR of 4% during the assessment period.
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The report offers detailed analysis on the competitive landscape, and highlights the key business and products strategies of the leading players in the market. According to the report, the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market remains highly fragmented, with only a handful of players able to maintain high revenue shares globally. According to the report, a key trend observed in the market is the growing adoption of bio-based surfactants, as end-users are focusing on environmental sustainability in their operations.
The demand for SLS, SLES, and LAS is likely to grow on account of growing adoption in the manufacture of personal care products. According to the report, these products are perceived as safe in the production of beautifying agents. In addition to personal care products, the demand for these products is also likely to grow on account of their use in leather and textile industry. The report opines that use of SLS, SLES, and LAS in the manufacture of detergents will continue to be the leading revenue generation mode globally.
The market is projected to grow at a steady rate, as a number of restraining factors can stymie the growth of the market during the assessment period. Concerns about the harsh environmental impact is a key impediment for widespread adoption of these products.
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The global SLS (SLS Dry and SLS Liquid), SLES, and LAS market has been segmented on the basis of application, product and region. By application, the global market is further sub-segmented into personal care, textile & leather, detergents & cleaners, oilfield chemicals and others. The product segment is categorized into SLS (SLS Dry and SLS Liquid), SLES and LAS. Geographically, the market is divided into regions which are North America, Asia Pacific, Middle East & Africa, Europe and Latin America.
Some of the key companies profiled in the report are The Dow Chemical Company, Galaxy Surfactants Limited, Akzo Nobel N.V., Huntsman Corporation, BASF SE, Clariant, Evonik Industries AG, Solvay S.A., Stepan Company, Kao Corporation, Croda International Plc., TAYCA Corporation, Henkel AG & Co. KGaA, Taiwan NJC Corporation Ltd., Lion Specialty Chemicals Co., Ltd., Godrej Industries Limited and Oxiteno.
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