The new report by Expert Market Research titled, ‘Global Green surfactants Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global green surfactants market, assessing the market based on its segments like type, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 35.8 Billion
- Forecast CAGR (2021-2026): 5%
- Forecast Market Size (2026): USD 48.1 Billion
Green surfactants made from waste biomass and agricultural raw materials are becoming more common, which is propelling the industry growth. As companies look to move away from surfactants made from petroleum feedstock, they are becoming more common. Due to increased regulations and increasing market demand, key players are looking for products that are sustainably sourced. Alkypolyglucosides, plant-based saponins, amino acid derivatives, and betaines are examples of green surfactants. Surfactants made from renewable feedstock and advanced technologies, on the other hand, are expected to drive the market growth in the forecast period
Industry Definition and Major Segments
Surfactants with one hydrophilic and one hydrophobic portion are known as green surfactants. They are surfactant substitutes that are being produced around the world to replace conventional surfactants in a variety of applications. Traditional surfactants, which are highly toxic and non-biodegradable, are being scrutinized by regulators all over the world.
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Based on type, global green surfactants market can be segmented into:
- Rhamnose Based
- Glycolipids
- Lipoproteins
- Others
On the basis of applications global green surfactants market can be divided into:
- Food and Beverage
- Home and Personal Care
- Others
Regional market of global green surfactants market can be divided into:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
Market Trends
The market for green surfactants is being aided by the increasing demand for laundry detergents, which usually contain surfactants with cleaning properties. The market is growing due to the increasing penetration of washing machines, as well as rapid technological advancements. Furthermore, strict government regulations governing the use of chemicals that could harm the environment are contributing to increased adoption of green and sustainable products by manufacturers, boosting the global green surfactants industry. Over the forecast period, the numerous programs initiated by governments across the country to encourage the adoption of sustainable and clean-labelled goods are expected to help the industry’s development.
Key Market Players
The major players in the market are Cargill Inc., BASF SE, Evonik Corporate, Innospec, Galaxy Surfactants, Ajinomoto Co Inc, GlycoSurf LLC, The Dow Chemical Company and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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