Sodium Lauryl Sulfate Market - Forecast 2020 - 2025
Overview Sodium Lauryl Sulfate (SLS) Market size is forecast to reach the market size of $734 million by 2025, after growing at a CAGR of 5.3% during 2020-2025. During the forecast period, intensive use of industrial & household cleaners and detergents would contribute significantly to the growth of the sodium lauryl sulfate (SLS) industry. This is due to the growing knowledge of personal hygiene coupled with office & domestic cleanliness, which will boost consumer use by 2026. However, strict regulations imposed by the government to preserve hygiene and eventually that the ailment-inducing agents in the environment are expected to make a significant contribution over the forecast timeframe to consumer consumption. Sodium lauryl sulfate is a synthetic soap, or surfactant, which can be derived from coconut oil, palm kernel oil, or milk. This produces as it cleanses a foamy lather, and is very effective in removing oil and debris from clothes and surfaces. It is cheap and almost...