The sls, sles, and las global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
SLS, SLES, And LAS Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The sls, sles, and las market size has grown strongly in recent years. It will grow from $10.6 billion in 2023 to $11.24 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to industrial applications, population growth, urbanization, regulatory standards, cost-effectiveness, hygiene awareness..
The sls, sles, and las market size is expected to see strong growth in the next few years. It will grow to $14.1 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to sustainable practices, e-commerce growth, innovation in green chemistry, emerging markets, customization and specialty products, stringent regulations.. Major trends in the forecast period include r&d investments, innovation in formulations, technological advancements in production, sustainable packaging initiatives, collaborations and partnerships..
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Scope Of SLS, SLES, And LAS Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
SLS, SLES, And LAS Market Overview
Market Drivers –
Increasing demand for sanitation and hygiene in the SLS, SLES, and LAS industries is expected to boost the growth of the SLS, SLES, and LAS markets going forward. Maintaining one’s body and clothing in a clean state is known as personal hygiene, and it is done to promote overall health and well-being. SLS, SLES, and LAS are the anionic surfactants used as emulsifying cleaning agents in household cleaning products (laundry detergents, spray cleaners, and dishwasher detergents). Hence, increasing demand for sanitation and hygiene is expected to boost the SLS, SLES, and LAS markets. For instance, in July 2023, according to data published by UNICEF, a US-based humanitarian aid organization, it was estimated that 1.4 million people, including nearly 400,000 children under five, die each year from preventable diseases attributable to inadequate WASH, including diarrhea, acute respiratory infections (ARIs), soil-transmitted helminths, and undernutrition. In 2022, 3.5 billion people lacked safely managed services, of which approximately 1.9 billion had basic services. Among the 1.5 billion people lacking even basic services, 419 million practice open defecation. Therefore, increasing demand for sanitation and hygiene in the manufacturing industry is driving the growth of the SLS, SLES, and LAS markets.
Market Trends –
Major companies operating in the SLS, SLES, and LAS markets are focused on strategic investments in eco-friendly surfactants to ramp up production and maximize their profits in the market. These strategic investments made by the companies to optimize resource efficiency will close the loop and create a waste-free chemical industry that is more environmentally sustainable. For instance, in August 2022, Unilever PLC, a UK-based consumer packaged goods company, purchased NextLab linear alkylbenzene (LAB), a new range of renewable and biodegradable surfactant used in the production of linear alkylbenzene sulfonate (LAS). It is the world’s first surfactant made from renewable carbon. NextLab LAB is a more ecologically friendly method of producing a vital raw ingredient used in surfactants since it is manufactured from green carbon sourced from renewable biomass.
The sls, sles, and las market covered in this report is segmented –
1) By Product Type: SLS, SLES, LAS
2) By Production Method: Coco Based, Inorganic Based
3) By Application: Detergents And Cleaners, Personal Care, Oilfield Chemicals, Textile And Leather, Paints And Coatings, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the SLS, SLES, and LAS market in 2023. Latin America is expected to be the fastest-growing region in the SLS, SLES, and LAS market during the forecast period. The regions covered in the sls, sles, and las market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the sls, sles, and las market report are Galaxy Surfactants Ltd., Croda International Plc, Clariant AG, Taiwan NJC Corporation, Solvay, Stepan Company, Dow Inc., Huntsman International LLC, Henkel AG & co. KGaA, Godrej Industries Limited, Kao Corporation, Badische Anilin und Soda Fabrik Societas Europaea, Merck KGaA, Alpha Chemicals Private Limited, Akshar Chemical India Private Limited, Shell Chemicals, Procter & Gamble, AkzoNobel, Unilever, Sasol, Oxiteno, Lion Corporation, Evonik Industries, JXTG Nippon Oil & Energy, Enaspol, Guangzhou Litze Chemical, Xinyi Group, Lianlian Chemical, Nease Co., TAYCA Corporation .
Table of Contents
1. Executive Summary
2. SLS, SLES, And LAS Market Report Structure
3. SLS, SLES, And LAS Market Trends And Strategies
4. SLS, SLES, And LAS Market – Macro Economic Scenario
5. SLS, SLES, And LAS Market Size And Growth
…..
27. SLS, SLES, And LAS Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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