Global Sodium Lauryl Ether Sulfate (SLES) Market 2018-2022
About Sodium Lauryl Ether Sulfate (SLES)
SLES is an anionic surfactant that exhibits excellent wettability, solubility, foaming ability, and emulsifying property. It is extensively used in detergents and cleaners,personal care products, agrochemicals, antimicrobial, and medical chemicals.
Technavio’s analysts forecast the global sodium lauryl ether sulfate (SLES) market to grow at a CAGR of 5.2% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global sodium lauryl ether sulfate (SLES) market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Sodium Lauryl Ether Sulfate (SLES) Market 2018-2022
Technavio recognizes the following companies as the key players in the global sodium lauryl ether sulfate (SLES) market: BASF, DowDuPont, Evonik, Huntsman International, Solvay, and Stepan.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased preference for sulfate-free surfactants. The preference for sulfate-free surfactants as an alternative to synthetic surfactants is increasing as they are safe, sustainable, eco-friendly, and offer improved foaming and thickening ability to build viscosity. Additionally, the application of sulfate-free surfactants is gaining prominence on a global level due to the rising implementation of stringent environmental regulations and rising concern over the toxicity of SLES.”
According to the report, one driver in the market is growing awareness of consumers regarding hygiene and personal cleanliness. The global SLES market is driven by the rising consumer consciousness regarding personal hygiene and cleanliness. Additionally, the government in many countries has been supporting and encouraging awareness campaigns regarding hygiene and cleanliness for the people because of which several campaigns have been rolled out to raise the awareness for health, hygiene, and cleanliness.
Further, the report states that one challenge in the market is presence of substitutes. The growth of the global SLES market is curbed due to the presence of other substitutes such as SLS, ALS, LAS, secondary alkanes sulfonates (SAS), sodium myreth sulfate, and other anionic surfacants.
BASF, DowDuPont, Evonik, Huntsman International, Solvay, and Stepan.
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