Sodium Lauryl Ether Sulfate [SLES] Market Growth Outlook Through 2024-2033

Overview and Scope
Sodium lauryl ether sulfate (SLES) is a popular anionic surfactant found in a wide range of personal care products and for multiple industrial uses. It acts as a surfactant in cleaning products, wetting surfaces, and suspending soil so that it may be washed away. This component gives cleaning solutions foaming qualities to the products.

Sizing and Forecast
The sodium lauryl ether sulfate [sles] market size has grown strongly in recent years. It will grow from $1.38 billion in 2023 to $1.47 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to rise in personal care products, surfactant demand, detergent manufacturing, expansion of homecare products, cosmetics and personal care trends, consumer awareness and preferences..

The sodium lauryl ether sulfate [sles] market size is expected to see strong growth in the next few years. It will grow to $1.87 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growth in personal care industry, rising demand for surfactants, continued expansion in detergent manufacturing, shift towards eco-friendly formulations, product diversification in personal care.. Major trends in the forecast period include natural and organic formulations, sustainable and biodegradable surfactants, clean beauty movement, innovations in product formulations, diversification in personal care..

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Segmentation & Regional Insights
The sodium lauryl ether sulfate [sles] market covered in this report is segmented –

1) By Type: Costemtic Grade, Industrial Grade, Pharmaceutical Grade
2) By Form: Dry, Liquid
3) By Application: Detergents And Cleaners, Personal Care, Agrochemicals, Medical Chemicals, Other Applications

Asia-Pacific was the largest region in the sodium lauryl ether sulfate (SLES) market in 2023 and is expected to be the fastest-growing region in the sodium lauryl ether sulfate (SLES) market during the forecast period. The regions covered in the sodium lauryl ether sulfate [sles] market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
Rising awareness about personal hygiene is expected to propel the growth of the sodium lauryl ether sulfate (SLES) market going forward. Personal hygiene refers to the practice of how a person cares for their body. Furthermore, the pandemic has heightened safety and hygiene concerns, resulting in increased consumption of personal care products and demand for sodium lauryl ether sulfate (SLES) utilized in these personal hygiene products. For instance, in September 2022, according to a report published by the US Bureau of Labor Statistics, a US-based government, the average annual expenditure for personal care products and services in 2020 was $646, which raised to $771 in 2021, representing a 19.3% annual increase. Therefore, the rising awareness about personal hygiene is driving the growth of the sodium lauryl ether sulfate (SLES) market.

Key Industry Players

Major companies operating in the sodium lauryl ether sulfate [sles] market report are Croda International PLC, Huntsman International LLC, Solvay SA, Taiwan NJC Corporation Ltd., Stepan Company, Galaxy Surfactants Limited, Godrej Industries Ltd., Kao Corporation, Clariant AG, Evonik Industries AG, Quimicos del Cauca S.A.S., Akshar Chemical India Private Limited, Zhengzhou Joint Industry Corporation, Yantai Wenxu Industrial Co. Ltd., Airedale Chemical Company Limited, BASF SE, Dow Inc., Sasol Limited, Oxiteno S.A. Indústria e Comércio, Vinati Organics Limited, Lion Corporation, Zhejiang Zanyu Technology Co. Ltd., Guangzhou Startec Science and Technology Co. Ltd., Xinyi Hengchang Chemical Co. Ltd., Lubrizol Corporation, Enaspol a.s., Innospec Inc., Hydrite Chemical Co., Sinolight Chemicals Co. Ltd., Miwon Commercial Co. Ltd., Sinopec Jinling Petrochemical Co., Yangzhou Chenhua New Materials Co. Ltd. .

The sodium lauryl ether sulfate [sles] market report table of contents includes:

1. Executive Summary

2. Sodium Lauryl Ether Sulfate [SLES] Market Characteristics

3. Sodium Lauryl Ether Sulfate [SLES] Market Trends And Strategies

4. Sodium Lauryl Ether Sulfate [SLES] Market – Macro Economic Scenario

5. Global Sodium Lauryl Ether Sulfate [SLES] Market Size and Growth

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31. Global Sodium Lauryl Ether Sulfate [SLES] Market Competitive Benchmarking

32. Global Sodium Lauryl Ether Sulfate [SLES] Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Sodium Lauryl Ether Sulfate [SLES] Market

34. Sodium Lauryl Ether Sulfate [SLES] Market Future Outlook and Potential Analysis

35. Appendix

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