Published Date : Feb 12, 2018
Albany, New York, February 12, 2018: A highly detailed report titled “SLS (SLS Dry and SLS Liquid), SLES, and LAS Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025” has been added by MarketResearchReports.biz to their vast repository. This report provides a comprehensive outline of this market to avid readers and businesses who are interested in this domain.
The global SLS (SLS Dry and SLS Liquid), SLES, and LAS market is divided into numerous segments depending on applications, products, and regions. Under applications, the personal care products segment has grabbed the most lucrative spot by attracting maximum revenue. Many established players in the market are imparting significant focus on developing this segment, due the growing popularity of personal care commodities. SLES and SLS are both largely used in lotions, creams and cleaning agents, as they help oil to get suspended, thus making it easier to clean oily and greasy skin surfaces. With respect to the regional spread, the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market comprises five segments: North America, South America, Europe, Middle East and Africa, and Asia Pacific. Although most regions are expected to showcase improved growth, the Asia Pacific region is foretold to gain maximum revenue at least until 2024. This segment also had held a dominating regional segmental position in 2015.
The SLES and SLS compounds extensively used in cosmetic products have been deemed safe by experts from the Cosmetic Ingredient Review. This conclusion was reached based on a prime condition that these compounds should be used in limited and calculated amounts. Such positive test reviews received by the lobby behind manufacturing SLES, SLS, and LAS chemicals has been a primary driver for the relevant market. Extensive research and development carried out by key players in the market has also proved beneficial for the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market. The rapidly increasing demand for detergents used in households also is prominent driver for the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market. Many cleaners and detergents make use of these chemicals, which has lead towards a surge in the number of consumers, thus being a bolstering factor for the market. As disposable income in emerging economies increases, better quality products with lesser toxic effects of the chemicals are expected to get released.
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Currently, few toxic effects are caused by the SLES and SLS chemicals, which are a significant restraint acting on the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market. However, many experiments are being carried out to get rid of trivial toxic effects caused by the SLES and SLS chemicals, and such efforts are likely to boost the market in future.
Speaking about the vendor landscape existing in the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market, a typical fragmented competitive vista exists. Manufacturing the sodium lauryl sulfate, linear alkylbenzene sulfonate, and sodium lauryl ether sulfate chemicals needs several raw materials, which are coincidently available with ease around the globe. This is a prime reason foor a plethora of players to enter the market, thus making the landscape highly diversified. The large scope of applications, and less finances required for an industrial setup has also attracted several new players to make a foray in the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market. BASF SE, TAYCA Corporation, Kao Corporation, Akzo Noble N.V., The Dow Chemical Company, Huntsman International LLC, Solvay, Galaxy Surfactants, and Evonik Industries AG are some of the key players existing in the global SLS (SLS Dry and SLS Liquid), SLES, and LAS market.
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