The global demand for Surfactants Market is presumed to reach the market size of nearly USD 69.7 MN by 2028 from USD 47.63 MN in 2021 with a CAGR of 5.59% under the study period 2022 - 2028.
Surfactants are typically utilised as emulsifiers, dispersants, wetting agents, foaming agents, or detergents to reduce the surface tension between any two liquids or a solid and a liquid. They also help enhance the performance of the finished product. Surfactant raw material feedstock primarily consists of petrochemical derivatives like ethylene oxide, linear alpha-olefins, and linear alkyl benzene. These are popular in many sectors, including those involving petroleum, cosmetics, agrochemicals, and medicines. The end-use industries that employ surfactants extensively include personal care, fabric softeners, industrial cleaning, institutional cleaning, and residential cleaning.
Market Dynamics
Factors driving the surfactant market forward are low surfactant pricing, easy availability, and a wide range of applications.The extensive use of surfactants in household detergents is also contributing to the market's expansion. However, market growth may be constrained by fluctuating raw material prices and worries about the impact of surfactants on the environment. On the upside, it is projected that the personal care industry's rapid expansion and the use of surfactants in innovative respiratory distress syndrome would create a lot of growth prospects in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of surfactants. The growth and trends of surfactants industry provide a holistic approach to this study.
Market Segmentation
This section of the surfactants market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Cationic
- Anionic
- Non-Ionic
- Amphoteric
- Others
By Application
- Household Detergent
- Personal Care
- Industrial & Institutional Cleaner
- Oilfield Chemical
- Agricultural Chemical
- Food Processing
- Paint & Coating
- Adhesive
- Plastic
- Textile
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Surfactants market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Surfactants Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the surfactants market include BASF SE, The Dow Chemical Company, Stepan Company, Evonik Industries AG, Kao Corporation, The Proctor & Gamble Company, Clariant, Lion Specialty Chemicals Co Ltd., Solvay S.A., and Huntsman Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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