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The global ammonium lauryl sulfate market size was valued at USD 525.4 million in 2021 and grew at a CAGR of 5.2% during the forecast period 2022-2028. It has been estimated to significant growth with the help of key drivers which include automotive industry it finds applications in engine cleaners, car wash solutions and concrete degreasers. Thereâ€™s a restrain which may hamper the growth of global ammonium lauryl sulfate market is toxicity which causes skin irritation and eye inflammation. In addition, the use of SLS in toothpaste is prone to cause ulcers and decrease the effectiveness of fluoride. Increasing application in the personal care products provide multiple opportunity towards the market growth. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global ammonium lauryl sulfate market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key Developments: Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company. Ammonium Lauryl Sulfate (ALS or K12-A) 25% Supplied by Ronas Chemicals Possesses rich and fine foam as well as biodegradable ability. Offers low degreasing ability, low irritation to skin and hair. Improves the combability and smoothness of hair. Its mild decontamination performance makes smoothness to skin, and compounded with ALES. Ammonium lauryl sulfate (LSA) 70% supplied by Zhejiang Zanyu Technology. Possessed low degreasing ability, low irritation to skin and hair. Forms rich and fine foam. Its mild cleaning performance delivers smoothness to skin. It is not suitable for alkaline system.
Fastest Growing Market
It is noticed that the global ammonium lauryl sulfate market has a significant market growth rate on the perspective of rising consumerism in demand for personal care products. This is the key ingredient found in shampoos and personal care products as it is an anionic surfactant which reduces the surface tension of water and makes the water spread more easily hence strong cleansing power, high foam production and very low production cost. Global ammonium lauryl sulfate market is boosted on the applications like anti-aging, foot treatment, acne treatment, facial cleanser, exfoliant, scalp treatment, relaxer, hair care, hair color and liquid hand soap among others.
The ammonium lauryl sulfate market is projected to expand at a CAGR of 5.2.% during the forecast period.
BASF SE, Solvay SA, AkzoNobel N.V, The Dow Chemical Company, Sasol Limited
North America is the fastest-growing region for the ammonium lauryl sulfate market
Key playerâ€™s profiles in the global ammonium lauryl sulfate market include: