Sodium Lauryl Sulfate Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Demand in Personal Care Products: SLS is a crucial ingredient in personal care items such as shampoos, soaps, and toothpaste due to its foaming and cleansing properties. The growing global population, coupled with increased consumer emphasis on personal grooming and hygiene, has driven the demand for SLS in this sector. The global personal care and cosmetics sales were valued at USD 458.7 billion in 2020.
- Increasing Consumer Awareness of Personal Hygiene: The COVID-19 pandemic has heightened global awareness of personal hygiene and cleanliness. As a result, there has been a surge in demand for hygiene-related products, including SLS-based soaps and sanitizers.
- Sustainable Alternatives and Innovation: In response to environmental concerns, the industry is exploring sustainable alternatives to SLS. Innovations in green chemistry and the development of eco-friendly surfactants have gained traction, aligning with evolving consumer preferences.
Challenges
- Environmental Concerns: SLS production and disposal can have adverse environmental effects, including water pollution and the release of greenhouse gases. This raises concerns about sustainability and environmental responsibility.
- Legislative intent of a variety of national laws or international initiatives such as agreements, strategies, or conventions
- Customer Preference driving purchasing preferences
Sodium Lauryl Sulfate Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
4.2% |
|
Base Year Market Size (2024) |
USD 704.83 million |
|
Forecast Year Market Size (2037) |
USD 1.2 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of sodium lauryl sulfate is evaluated at USD 728.51 million.
Sodium Lauryl Sulfate Market size was over USD 704.83 million in 2024 and is expected to exceed USD 1.2 billion by the end of 2037, growing at over 4.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for pharmaceuticals will drive the market growth.
Asia Pacific industry is likely to dominate majority revenue share of 38% by 2037, backed by growing personal care and cosmetics industry in the region.
The major players in the market are BASF SE, Stepan Company, Croda International Plc, Solvay S.A., Sasol Limited, KLK OLEO, and others.
