Wednesday, 23 November 2022 01:33 PM
Company Update
WILMINGTON, DE / ACCESSWIRE / November 23, 2022 / Transparency Market Research Inc. - According to a research report by Transparency Market Research (TMR), the global SLS, SLES and LAS market is projected to expand at a CAGR of 4.4% during the forecast period, from 2022 to 2031.
The use of LAS is increasing in detergents as well as other cleaning products. Some of the factors boosting demand including their versatile nature, high efficiency, and low environmental impact. Analysts at TMR note that the LAS product segment held 76.1% of the SLS, SLES and LAS market share in 2021. The region is projected to lead the market during the forecast period.
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The demand for surfactants offering strong detergency, good solubility, and high biodegradability is increasing across different industries. Some of the key end-use industries include the oil & gas, personal care, agriculture, food processing, and construction industry. This factor is creating prominent growth prospects in the global market, note analysts at TMR.
Asia Pacific is projected to lead the global market during the forecast period. The market growth is ascribed to increase in the sales of personal care products, detergents, and cleaners together with rise in use of washing machines in the region, according to a study by TMR.
Key Findings
- Surfactants are gaining impetus owing to their increasing utilization in dispersants, foaming agents, solubilizing agents, emulsifiers, cleansers, and conditioners in personal care and laundry care products. Anionic surfactants show high pH and are cost-effective and easy to formulate. Owing to these advantages, they find application in personal care products, household detergents, and industrial & institutional cleaners. This factor, in turn, creates profitable prospects, states the SLS, SLES and LAS market analysis by TMR.
- Different anionic surfactants including LAS, SLS, and SLES are increasingly used as emulsifiers in aqueous emulsion polymerization. Moreover, they offer outstanding stabilization properties in the emulsion polymerization manufacturing procedures of vinylic, acrylic, vinyl acrylic, styrene-acrylic, and other polymer resin systems. Furthermore, these surfactants are gaining traction owing to their ability to assist in improving performance of a product in terms of mechanical resistance, storage stability, and appearance. These factors are propelling the global market for SLS, SLES, and LAS.
- A high concentration of SLS is utilized in industrial floor cleaners and engine degreasers. Moreover, their low concentration is used in a wide range of personal care products including bubble baths, soaps, shower gels, and toothpastes. These product applications are fueling the sales growth in the market.
- SLS, SLES, and LAS stop coagulation owing to electrostatic repulsions. Moreover, they also decrease the particle size and improve electrolyte, mechanical, thermal, and freeze-thaw stabilities after combining with non-ionic surfactants. The use of waterborne coating technology is increasing in water-based paints, adhesives, and coatings industries. This factor is expected to drive the demand for emulsion polymers in several emerging economies such as China and other nations in Southeast Asia. The report by TMR states that waterborne coatings are likely to replace solvent-borne formulations in the upcoming years.
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Growth Boosters
- Increase in demand for anionic surfactants in several developing nations is projected to boost the SLS, SLES and LAS market growth rate during the forecast period
- Rise in utilization of SLES and LAS in various laundry detergent and personal care products is estimated to drive growth of the global SLS, SLES and LAS market size
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Key Players
Some of the key players profiled in the report are:
- Kao Corporation
- Huntsman International LLC
- Clariant AG
- BASF SE
- Nouryon
- Lion Specialty Chemicals Co., Ltd.
- Taiwan NJC Corporation
- Stepan Company
- Henkel AG & Co. KGaA
- Godrej Industries Limited
- Solvay
- Evonik Industries AG
- Dow
- Galaxy Surfactants Ltd.
- AK ChemTech Co., Ltd.
- Oxiteno
SLS, SLES and LAS Market Segmentation
- Product
- SLS
- SLS Dry
- SLS Liquid
- SLES
- LAS
- SLS
- Application
- Detergents & Cleaners
- Personal Care
- Oilfield Chemicals
- Textiles & Leather
- Others
Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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