1. Global Supply-Demand Trends: Raw Material Volatility and Biotech Surge
The sodium dodecyl sulfate (SDS) market in 2023 is navigating dual pressures from fluctuating lauryl alcohol (key feedstock) prices and rising demand from pharmaceutical and biotechnology sectors.
Feedstock Challenges: Lauryl alcohol prices, tied to coconut/palm kernel oil supplies, remain volatile due to reduced exports from Indonesia (15% YoY drop in Q3) and extreme weather in Southeast Asia. This has driven SDS production costs up by 8-12% (ICIS data).
Biotech-Driven Demand: SDS, a critical reagent in vaccine and mRNA therapeutic production, saw global pharmaceutical-grade demand rise 18% YoY, fueled by expanded biologics manufacturing in the U.S., EU, and India.