Global Sodium Lauryl Sulfate Market 2017-2021
About Sodium Lauryl Sulfate
Sodium lauryl sulfate is an anionic surfactant made from coconut oil or palm oil. These oils are rich in fatty acids that provide lauric acid. Initially, coconut oil is heated with water in the presence of sodium hydroxide that converts the coconut oil to fatty acids. Subsequently, these fatty acids are converted to fatty alcohols by a hydrogenation process. These fatty alcohols are also known as lauryl alcohol, which is then converted to lauryl sulfate by sulfonation process. The final step involves the reaction of lauryl sulfate with sodium hydroxide to obtain sodium lauryl sulfate.
Technavio’s analysts forecast the global sodium lauryl sulfate market to grow at a CAGR of 5.40% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global sodium lauryl sulfate market for 2017-2021. 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 Sulfate Market 2017-2021
Technavio recognizes the following companies as the key players in the global sodium lauryl sulfate market: Akzo Nobel, BASF, Huntsman International, Solvay, and Stepan.
Other Prominent Vendors in the market are: Alpha Chemicals, Clariant, Explicit Chemicals, Galaxy Surfactants, Godrej Industries, Innova Corporate, Kao, Melan Chemical, Miwon Commercial, OXITENO, Sasol, and TAWIWAN NJC.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing preference for bio-based surfactants. With the rising concern over the toxic effects of synthetic surfactants on the environment and humans, there has been an increase in the use of bio-based surfactants as an intermediate compound in the production of detergents, personal care products, and cosmetics.”
According to the report, one driver in the market is excellent properties accelerating the demand. Sodium lauryl sulfate is an anionic surfactant that is being used in detergents because of its high solubility and emulsifying properties. It acts as a solubilizer to enhance the solubility of active ingredients in detergents, personal care, and cosmetic products. It has both, hydrophilic and lipophilic properties; therefore, it is known as an amphiphilic substance. It is used in many stain-remover products to remove dirt, oily stains, and residues, since it is soluble in water. It is an alkali substance with high pH value, and is available in the dry and liquid forms.
Further, the report states that one challenge in the market is environmental hazards impacting the demand. Sodium lauryl sulfate is used as an industrial cleaner for cleaning and degreasing purposes. The disposal of water from industrial and household wastewater systems affects the environment, especially aquatic life and other living organisms. In addition, sodium lauryl sulfate exhibits a strong tendency toward bio-accumulation. It pollutes the groundwater and is not detected in water filters used in municipal water systems. Since it is highly combustible, it emits toxic fumes when burned, which cause irritation to human health and aquatic life.
Akzo Nobel, BASF, Huntsman International, Solvay, Stepan, Alpha Chemicals, Clariant, Explicit Chemicals, Galaxy Surfactants, Godrej Industries, Innova Corporate, Kao, Melan Chemical, Miwon Commercial, OXITENO, Sasol, and TAWIWAN NJC.