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Overview of Global Sodium Lauryl Ether Sulfate (SLES) Market
Global Sodium Lauryl Ether Sulfate (SLES) Market was Valued at US$ 1.28 Bn in 2019 And it is Expected to Reach More than US$ 1.8 Bn by 2028, Likely to Grow with the CAGR of 4.2% During the Forecast Period.
Sodium lauryl ether sulfate is an anionic surfactant with a milder effect. It does not irritate the skin, as compared to the other anionic surfactants, including sodium lauryl sulfate (SLS). Due to these properties the sodium lauryl ether sulfate the preferred surfactant in personal care applications such as haircare and skincare.
Raising Awareness of Consumers regarding Hygiene and Personal Care is Anticipated to Drive the Demand for Sodium Lauryl Ether Sulfate (SLES)
Growing awareness regarding cleanliness and hygiene all over the world will likely bolster the global sodium lauryl ether sulfate (SLES) market in the coming years, Several government initiatives to clean public infrastructures such as railway stations, airports, etc. and increasing household detergents usage owing to increasing number of residential projects all over the globe will also augment the global sodium lauryl ether sulfate (SLES) market growth.
Furthermore, the increasing commercialization of personal care products such as body & face cleansers, soaps, shampoos, are majorly witnessed around the world, This will have a positive impact on the global sodium lauryl ether sulfate (SLES) market. With its extensive applicability in the cosmetics and beauty industry, the consumer preference for natural and plant-based ingredients in cosmetic products remains the focal point. This has centered focus on incorporating a bio-based method to produce sodium lauryl ether sulfate that lowers the toxicity of these products. With the establishment of newer R&D centers, companies aim to introduce new products that address changing consumer requirements.
The Personal Care Product End Use Segment Is Expected to Witness Highest Growth in the Sodium Lauryl Ether Sulfate (SLES) Market Across the Globe.
The personal care products application segment accounted for more than a quarter of the global Sodium Lauryl Ether Sulfate (SLES) market and is anticipated to expand at a CAGR of 5.8% during the forecast period. It includes consumer products such as creams, lotions, soaps, shampoos, body washes, facial cleansers, toothpaste, etc.
The mildness on the skin and its chemical stability as compared to other anionic surfactants such as sodium lauryl sulfate is attributed to the adoption of sodium lauryl ether sulfate (SLES) in personal care products has increased significantly. Alkylbenzene sulfonates, and phosphoric acid esters. The rise in the demand for personal hygiene products such as toilet soaps and hand wash in developing countries, led by the increase in awareness programs regarding personal hygiene by international and local bodies is driving the demand for Sodium Lauryl Ether Sulfate (SLES), considering its cost-effectiveness and superior performance as compared to other alternatives.
Asia Pacific to Dominate the Sodium Lauryl Ether Sulfate (SLES) Market During the Forecast Period
The Asia Pacific held a major share of more than 30% of the global sodium lauryl ether sulfate (SLES) market in terms of value, in 2019. It anticipated the highest growth during the forecast period. Several countries in the region such as China, India, and Japan driving the overall sodium lauryl ether sulfate (SLES) market growth. The significant penetration of washing machines owing to improvement in lifestyle and increased disposable income along with increasing awareness about personal and institutional cleanliness will signify the overall Sodium Lauryl Ether Sulfate (SLES) market in the future. Furthermore, increasing industrialization and urbanization in the region will also augment the demand for detergents and cleaners.
The demand for high-end skincare and hair products is rising significantly in the Asia Pacific. High use of the Internet and the establishment of the e-Commerce industry in countries such as China and India has enabled the youth to access advanced cosmetics and other personal care products. Thus, the rise in awareness about personal hygiene is attributed to increased demand for various upgraded personal care products has been increasing.
The European Sodium Lauryl Ether Sulfate (SLES) market was worth more than US$ 200 million and it is expected significant growth in the coming years. Owing to the high living standards in the West European countries and consciousness about personal care and cleanliness will be the major drivers of the regional market.
Major players are focusing on the development of bio-based surfactants to cater to the rising demand for eco-friendly products. Several major players in the Sodium Lauryl Ether Sulfate (SLES) market such as Huntsman International LLC, Kao Corporation, Stepan Company, and Galaxy Surfactant Ltd constituted around 20% share of the global SLES market in 2019. Other the key players in the global Sodium Lauryl Ether Sulfate (SLES)market are Huntsman International LLC, Solvay, BASF SE, Taiwan NJC CORPORATION, Galaxy Surfactants Ltd., Quimicos del Cauca, S.A.S., Clariant, Oxineto, Croda International Plc, Godrej Industries Limited, Kao Corporation, Evonik Industries AG, Stepan Company, Nouryon.
Sodium Lauryl Ether Sulfate (SLES) Market Key Segments:
Sodium Lauryl Ether Sulfate (SLES) Market, By Form
Sodium Lauryl Ether Sulfate (SLES) Market, By Application
- Detergents & Cleaners
- Laundry Care
- Industrial Cleaners
- Personal Care
- Hair Care
- Skin Care
- Oral Care
- Textiles & Leather
- Other (including Agrochemicals)
Sodium Lauryl Ether Sulfate (SLES) Market, By Region
- North America
- Asia Pacific
- Middle east and Africa
- Latin America