Global Surfactants Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Surfactants Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global surfactants market report has been segmented on the basis of type, substrate type, application, and region.
Global Surfactants Market: Overview
Surfactants also called a surface-active agent, are compounds added to lower the interfacial tension which is also known as surface tension and between two liquids or solids and liquids. They act as foaming agents, emulsifiers, dispersants, and wetting agents. Surfactants are used in inks, toothpaste, ski waxes, detergents, sanitizers, firefighting foams, insecticides, paints, etc.
Global Surfactants Market: Dynamics
Increasing demand for various personal care products among individuals, coupled with growing personal care industry is a major factor driving growth of the global surfactants market. In addition, growing adoption of surfactants in industrial and household applications is another factor supporting growth of the global market. Furthermore, growing population and changing lifestyle are also factor expected to support growth of the global surfactants market in the near future.
However, stringent government regulation on surfactants is a factor that may hamper growth of the global surfactants market. In addition, changing prices of raw material is another factor that could affect growth of the global market. Nevertheless, growing demand for biodegradable surfactants can create high revenue opportunities for players in the target market.
Global Surfactants Market: Segment Analysis
Among the surfactant type segments, the bio-based surfactants segment is expected to register lucrative growth in terms of revenue in the near future. Bio-based surfactants are manufactured using animal fats, palm oil, and other natural sources. Increasing preference for bio-based surfactants, owing to stringent environmental regulations is a factor expected to propel growth of this segment in the target market in the next 10 years.
Among the application segments, the personal care segment is expected to register high growth in terms of revenue over the forecast period. Increasing demand for various personal care products such as hair care, skin care, baby products, etc. is driving growth of the personal care segment in the global market. in addition, increasing adoption eco-friendly personal care products, owing to rising environmental awareness among individuals is also a factor supporting growth of this segment.
Global Surfactants Market: Regional Analysis
Currently, the market in North America accounts for major share in terms of revenue and is expected to maintain its position over the forecast period. Increasing number of petrochemical plants in countries such as Japan, China, India, South Korea is a key factor driving growth of the target market in this region. In addition, growing population and high disposable income are also factors propelling growth of the target market. The market in Europe is expected to account for second-highest share in terms of revenue in the near future, followed by North America, Middle East & Africa, and Latin America. Increasing demand for surfactants in coating and painting industry is a factor fueling growth of the target market in Europe. Presence of key players in countries such as US and Canada is supporting growth of the target market in North America.
Global Surfactants Market Segmentation:
Segmentation by Type:
- Non-Ionic Surfactants
- Anionic Surfactants
- Amphoteric Surfactants
- Cationic Surfactants
Segmentation by Substrate Type:
- Bio-based Surfactants
- Chemically Synthesized
- Synthetic Surfactants
Segmentation by Application:
- Crop Protection
- Food & Beverage
- Personal Care
- Elastomers & Plastics
- Oilfield Chemicals
- Industrial & Institutional Cleaning
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Air Products and Chemicals, Inc.
- Akzo Nobel N.V.
- Clariant AG
- BASF SE
- I. du Pont de Nemours and Company
- Stepan Company
- Evonik Industries AG
- Kao Corporation
- Huntsman International LLC
- The Dow Chemical Company
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