Published on : Sep 16, 2019
Recently, a new research report, titled “Global Market Study on Sodium Lauryl Sulfate: Booming Cosmetic & Pharmaceutical to Supplement Consumption Volume,” has been added to the vast repository of ResearchMoz.us. This research study offers a deep insight into the current trends and the upcoming prospects of the global sodium lauryl sulfate market.
The global sodium lauryl sulfate market is deriving significant growth from the rising awareness among people regarding personal hygiene. Sodium lauryl sulfate finds extensive use in oral care products, such as mouthwash and toothpastes, and domestic cleaning products. With the increasing usage of these products, the demand for sodium lauryl sulfate is augmenting across the world. Furthermore, rapid urbanization, increasing disposable incomes of consumers, and the consequent change in their lifestyle, are also adding to the growth of the global sodium lauryl sulfate market, notes the research study.
Intense competition among players characterizes the global sodium lauryl sulfate market. The presence of a large pool of players, along with continued entry of new participants, forms the perfect platform for a high degree of competition within the market. The most prominent sodium lauryl sulfate producers in the global market are:
• BASF SE
• Shanghai Youyang Industrial Co. Ltd.
• The Dow Chemical Co.
• Acme-Hardesty Co.
• AkzoNobel N.V.
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Geographically, the global sodium lauryl market is classified into North America, Europe, Latin America, East Asia, South East Asia, and the Middle East and Africa. With a high demand for sodium lauryl sulfate from India and China, the global market is dominated by the South East Asia region. The on-going expansion in the personal care industry in this region will continue to provide lucrative opportunities for growth to the South East Asia sodium lauryl sulfate market in the years to come, states the research report.