Global Sls, Sles, and Las Market: New Production Methods Lowering Toxicity of Products to Increase Demand, Says Tmr

Transparency Market

Research

Sodium Lauryl Sulfate, Sodium Lauryl Ether Sulfate

Industry and Linear Alkylbenzene Sulfonate - Global

Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2016 - 2024

Published Date

02-June-2016

244 Page Report

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Press Release

Global SLS, SLES, and LAS Market: New Production Methods

Lowering Toxicity of Products to Increase Demand, says TMR

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Sodium Lauryl Sulfate Market

REPORT DESCRIPTION

Sodium Lauryl Sulfate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

The global sodium lauryl sulfate market (SLS Liquid and SLS Dry), sodium lauryl ether sulfate industry (SLES),

and linear alkylbenzene sulfonate (LAS) market is fragmented owing to low initial investments required and

easy availability of raw materials. The top six companies – BASF SE, Stepan Company, Akzo Nobel N.V.,

Solvay, Kao Corporation, and The Dow Chemical Company accounted for 41.8% of the market in 2015. Key

players are maintaining their shares in the market by investing in research and development activities and

expanding their portfolio, states Transparency Market Research in its new study. Companies such as Taiwan

NJC Corporation, Ltd, Godrej Industries Limited, and Evonik Industries AG are directing their efforts at

increasing their market share by operating across the value chain.

According to the report, the global SLS, SLES, and LAS market is expected to rise from US$7.26 bn in 2015 to

US$11.26 bn by 2024. On the basis of application, the detergents and cleaners segment is expected to lead

and account for 70.1% of the market by 2024. On the basis of geography, Asia Pacific not only led in 2015 but

is expected to do so through 2024, accounting for 43.3% of the market. On the basis of product, LAS will

remain the dominant...