Albany, NY -- (SBWIRE) -- 05/06/2015 -- Sodium Lauryl Sulfate (SLS) is primarily a salt of organosulfate. Linear alkylbenzene sulfonate (LAS) is an anionic surfactant commonly used in production of detergents and cleaners. Sodium lauryl ether sulfate and sodium lauryl sulfate are widely used in personal care products including toothpastes, shampoos, and shower gels.

Rising demand for sodium lauryl sulfate for detergents and cleaners and personal care industries is driving the global sodium lauryl sulfate market. However, the severe effects of SLES and SLS on human skin are expected to hamper the market growth. In addition, the preference for bio-based surfactants in developed economies is also expected to hamper the growth of LAS market in the near future.

In 2013, the global SLS market stood at US$6.60 billion which is anticipated to touch US$9.35 billion by 2020, exhibiting 5.1% CAGR between 2014 and 2020.

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Sodium Lauryl Sulfate (SLS) Product to Exhibit Declining Rate in the Near Future

The global sodium lauryl sulfate industry has been segmented according to its products such as linear alkylbenzene sulfonate (LAS), sodium lauryl ether sulfate (SLES), and sodium lauryl sulfate (SLS). The SLS segment is further categorized into sodium lauryl sulfate dry and sodium lauryl sulfate liquid.

In 2013, LAS dominated the global SLS market, accounting for 76.6% of the overall market share. LAS type is commonly used in industrial cleaners and household detergents as it is low-priced and bears cleansing, foaming, and emulsifying properties. However, SLES is expected to grow at a positive rate due to its milder nature whereas, SLS will register growth at a diminishing rate in the near future owing to its harsh effects on human skin.

Detergents and Cleaners Application Led the Global SLS Market in 2013

The global sodium lauryl sulfate market has been categorized on the basis of their applications into oilfield chemicals, personal care, textile and leather, detergents and cleaners, and others. The others application segment comprises agricultural chemicals, paints and coatings, and plastics.

In 2013 detergents and cleaners application segment was the biggest consumer of global SLS market. On the basis of volume, detergents and cleaners application segment was followed by personal care application. The personal care application is expected to exhibit substantial 4.3% CAGR between the years 2014 and 2020. SLS and SLES are widely used in personal care application segment owing to their properties of skin penetration. Nevertheless, the demand for SLS in the personal care application is expected to decline in the near future, due to its toxic effects on human skin.

Rest of the World to Lead the Global SLS Market in the Near Future

The global sodium lauryl sulfate market has been segmented geographically into Europe, North America, China, Rest of Asia Pacific, and Rest of the World.

In 2013, China and Rest of Asia Pacific led the global SLS market, accounting for 42% of the total market share in terms of revenue as well as volume. The dominance of these two regions can be attributed to the rising production of personal care products and detergents in the past few years. Moreover, increased disposable income of people living in economies such as Brazil and Middle East is also propelling the demand in the Rest of the World market.

In 2013, Rest of the World was the second biggest consumer of SLS products in the global market. The SLS market in North America and Europe has reached a mature stage as a result these two regions are anticipated to exhibit a diminishing rate in the near future.

Prominent Market Players of the Global SLS Market

The global SLS market is highly fragmented and characterized by the presence of many large and medium-sized companies. Many of the large companies are trying to acquire the small-sized companies to enjoy a competitive advantage and sustain their position.

Some of the prominent players of the global SLS market include Evonik Industries AG., Oxiteno, Huntsman Corporation, Kao Corporation, The Dow Chemical Company, Unger Surfactants, Zhejiang Zanyu Technology, Rhodia SA, BASF SE, Akzo Nobel N.V., Sasol Limited, Croda International, Clariant Corporation, Godrej Industries, Galaxy Surfactants Ltd., Stepan Company, and Solvay S.A.

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