Worldwide Surfactants Market Analysis and Forecasts Report 2021
Surfactants are a compound used to reduce surface tension between solid-liquid and liquid-liquid. Surfactants are an important component of various products such as detergents, emulsifiers, foaming agent’s etc. Company’s involved in manufacturing of pharmaceuticals, cosmetics; detergents are the key players in the surfactants market. Surfactants can diffuse well in both water and oil due to the presence of hydrophobic and hydrophilic end in it. In personal care products, soaps and detergent is the biggest market owing to the rising demand for personal hygiene and growing healthcare.
The latest report on “Global Surfactants Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021” added by DecisionDatabases.com provides a complete market outlook to those seeking an in-depth market knowledge. The study provides forecast and estimates market in terms of revenue and volume during the forecast period from 2014 to 2021. The report also provides market's mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
The report segments the surfactants market based on substrate types into synthetic surfactants, and bio based surfactants. Synthetic surfactants have different applications in detergents, textiles, cleaners etc. and are made of petrochemicals. Owing to its growing demand in all applications it holds the maximum share in this market. Although stringent government regulations have hampered the growth of this market and have increased the market of bio-based surfactants. Growing awareness in healthcare, and consciousness for eco-friendly products have augmented the growth of bio-based surfactants market.
This market is also segmented based on product type into anionic surfactants, non-ionic surfactants, cationic surfactants, and amphoteric surfactants. Anionic surfactants are the most commonly used surfactants. Although the growing government focus towards environment cleanness has led to a dip in this market. Non – Ionic and amphoteric surfactants are bio – based surfactants. It has been gaining importance in the recent years with its properties that include eco – friendly, non-toxic, foaming and foam stabilization, detergency etc.
Soaps and detergent is the largest market and holds the maximum market share due to its growing demand by the end – user market. The oilfields chemicals surfactants market has also developed with its new explorations of oil – wells and exploitation of the existing wells. The other applications of surfactants are personal cares, textiles, industry and institutional cleaning, elastomers and plastics, crop protection, and food industry. Personal care segment has also experience an augmented growth with the rise in disposable income.
Asia – pacific has the largest market as all developing countries fall into this region such as China, Japan, Korea and India. The growing economic development and awareness towards personal – care and hygiene has powered the growth of this region in this market. North – America and Europe have also experienced growth owing to its attraction towards bio – based products and also rise in oil chemicals market. Middle – East will witness growth in the recent years with its rise in oil and gas wells.
Bio – based surfactants is the major segment that will augment the growth of this market with its various applications in cosmetics & pharmaceuticals, food, agriculture, petroleum. However, a stringent government regulation over toxic – free environment is a factor that has hampered the growth of this market.
Mergers and Acquisitions, partnerships, collaborations and agreements are common activities in this market with all companies trying to earn the maximum market share. The major key players of this market are Akzo Nobel N.V, Air Products and Chemicals, BASF SE, Clariant, DuPont EI DE Nemours & Co., Evonik Industries AG, Henkel AG & Co. KGaA, Huntsman Corporation, Kao Corporation, and The Dow Chemical Company among others. In 2015, BASF and Solazyme launch the first commercial microalgae-derived betaine surfactant. It is an algal betaine used in home and personal care products.
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