Sodium lauryl sulfate (SLS), also known as sodium dodecyl sulfate, is an organic compound. It is generally a white or light yellow powder, soluble in water, usually transparent to yellow when in liquid form, slightly soluble in ethanol, and almost insoluble in other organic solvents such as chloroform, ether, and light petroleum. Sodium lauryl sulfate exhibits stability in acids, bases, and hard water.
Lauryl sodium sulfate is a powerful surfactant. Because it can produce rich foam and is relatively cheap, it is widely used in various detergents, such as toothpaste, shampoo, shower gel, soap, detergent, laundry detergent, and various kitchen and toilet detergents.
Overview of Market Development
From the perspective of consumer demand, sodium lauryl sulfate, as an important surfactant, has a wide range of applications in detergents, cosmetics, personal care products, and other fields. With the increasing demands of consumers for product quality and performance, the demand for sodium lauryl sulfate is also constantly increasing, which has led to a steady growth in its market size. According to our research data, the global market size of sodium lauryl sulfate is expected to reach $ 754 million in 2024, an increase of 3.85% compared to 2023.
In the future, with the continuous innovation and improvement of production technology, the production cost of sodium lauryl sulfate will be further reduced, and production efficiency will also be improved. This will help expand the market size and promote more enterprises to enter the field. It is expected that by 2029, the global market size of sodium lauryl sulfate will increase to $ 941 million.
Analysis of Market Competitive Landscape
From the perspective of market competition, the concentration of the global sodium lauryl sulfate market is relatively low. According to the data, the total output value of sodium lauryl sulfate for the top 3 companies in 2024 is estimated to be $206 million, with an estimated total share of 7.37%. The top 3 companies are BASF, Huntsman International, and Shanghai Youyang Co. Ltd, with an estimated market share of 9.97%, 8.87%, and 8.53% in the global market for sodium lauryl sulfate production in 2024.
Global Sodium Lauryl Sulfate Market Size and Competitive Landscape Forecast
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, sodium lauryl sulfate can be divided into three categories based on its physical state and properties: powdered sodium lauryl sulfate, needle-shaped sodium lauryl sulfate, and liquid sodium lauryl sulfate. Among them, powdered sodium lauryl sulfate holds the largest market share. Data shows that the global market size of powdered sodium lauryl sulfate is expected to reach $ 294 million in 2024, with an estimated market share of 38.99%.
From the perspective of downstream applications, the application of sodium lauryl sulfate involves multiple fields such as detergents & cleaners, personal care products, textiles & leather, and oilfield chemicals. Among them, the detergent & cleaner field is the largest downstream application market, with an expected application share of 39.66% in 2024.
Global Sodium Lauryl Sulfate Market Size and Segment Market Share Forecast
|
Market Size (Million USD)
|
Market Share
|
Segmented by Type
|
Powdered SLS
|
294
|
38.99%
|
Needle-Shaped SLS
|
137
|
18.17%
|
Liquid SLS
|
230
|
30.50%
|
Others
|
93
|
12.33%
|
Segmented by Application
|
Detergents & Cleaners
|
299
|
39.66%
|
Personal Care Products
|
191
|
25.33%
|
Textile & Leather
|
106
|
14.06%
|
Oilfield Chemicals
|
081
|
10.74%
|
Others
|
76
|
10.08%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Sodium Lauryl Sulfate Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".