Frequently Asked Questions
The global SLS and LABSA market was valued at USD 4.7 Billion in 2022.
The SLS and LABSA market is expected to grow at a CAGR of 4.50% between 2023 and 2030, reaching USD 6.4 Billion in 2030.
Linear alkyl benzene sulfonic acid is the leading segment by material, holding over 64% share in terms of value in 2022.
The cleansing segment governs the demand for SLS and LABSAs globally, holding a massive share of over 35% in 2022.
The agrochemicals segment is expected to post the highest CAGR during the forecast period.
North America is fueling the growth of the SLS and LABSA industry, with an over 35% share in 2022.
The top players include BASF SE; Solvey; Kao Corporation; Stepan Company; Sinopec Jinling Petrochemical Co.Ltd.
Growing disposable income in developing nations, rising personal hygiene and cleanliness awareness, and expanding demand for household and personal care products are the major market drivers.
Environmental regulations that are strict and a growing awareness of sustainability are the major market restraints.
Increasing agrochemical sector and emerging economies are the major opportunities in the SLS and LABSA industry.