A research report on the Sodium Lauryl Sulfate market has recently been published by Stratview Research, which addresses the significant changes in the Sodium Lauryl Sulfate Market. The study’s purpose is to recognize recent market sizes for various segments and countries, as well as forecast values for the coming years. This research gives an analytical review of the market’s present trend and future estimates in order to find additional opportunities. The report is meant to provide both qualitative and quantitative aspects of the market in each of the areas and countries studied.
Sodium lauryl sulfate market is likely to witness a CAGR of 5.3% during the forecast period.
Profiling Key Companies –
- Huntsman Corporation
- Croda International
- Solvay S.A
- Clariant Corporation
- Stepan Company
- BASF SE
- Galaxy Surfactants Ltd.
- Godrej Industries Limited
- Kao Corporation
- Melan Chemical Co. Ltd.
- Oxiteno S/A.
- Indústria E Comércio
- Xiamen Ditai Chemical Company Limited.
The COVID-19 outbreak has positively influenced the Sodium Lauryl Sulfate industry. The pandemic has turned the lives of people worldwide, with the number of cases increasing rapidly. The pandemic resulted in increasing coronavirus patients across the globe, putting a strain on the healthcare sector with limited hospital staff. Hence, as a reaction to the increasing cases of coronavirus, several Sodium Lauryl Sulfate companies are responding to the crises by offering their respective skills to ease the burden on the supply chain and governments. Due to the ever-increasing COVID-19 cases, the demand for 3D bioprinters is surging and the market for 3D bioprinting.
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𝗞𝗲𝘆 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗼𝗳 𝗥𝗲𝗽𝗼𝗿𝘁:-
- Assessment of the market
- Competitive Landscape
- COVID Impact Analysis
- Value Chain Analysis
- Historic Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
- Future Business Scope & Opportunities Forecast
Based on the product type, the market is segmented as liquid and dry. The dry segment is further bifurcated into powder, needles, and granules. The liquid segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Liquid sodium lauryl sulfate is majorly used for day-to-day applications, whereas dry sodium lauryl sulfate is majorly preferred for applications, where strong cleansing is required.
Based on the application type, the sodium lauryl sulfate market is segmented as dish washing liquids, household detergents & cleaners, industrial cleaners, and personal care products. The household detergents & cleaners segment held the largest share of the market in 2019, and is also expected to witness a healthy growth during the forecast period. Household detergents & cleaners majorly include liquid & powder laundry detergents, all-purpose cleaners, floor cleaners, toilet cleaners, kitchen cleaners, glass cleaners, carpet cleaners, upholstery cleaners, stain removers, and hard surface cleaners.
In terms of regions, Asia-Pacific is estimated to be the largest market for sodium lauryl sulfate during the forecast period. China, Japan, Taiwan, South Korea and India are the major economies contributing towards the growth and high demand for sodium lauryl sulfate in the region. Huge consumer base, growing disposable income of consumers, increasing popularity of takeaway foods, and growing awareness towards personal and community hygiene are the major factors driving the growth of the Asia-Pacific sodium lauryl sulfate market. North America and Europe are also expected to witness a healthy demand for sodium lauryl sulfate during the forecast period.
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Critical Questions Answered in the Report
- What are the key trends in the Sodium Lauryl Sulfate Market?
- How the market (and its various sub-segments) has grown in the last five years and what growth trajectory will it follow in the next five years?
- On what scale has COVID-19 impacted the Sodium Lauryl Sulfate Market?
- What are some key strategies adopted by the market leaders in theSodium Lauryl Sulfate Market?
- How much share of the Sodium Lauryl Sulfate market do the top players own?
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