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Friday, June 2, 2023

Global Surfactants Market Size to Grow at a CAGR of 5.20% in the Forecast Period of 2023-2028



The ‘Global Surfactants Market Share, Size, Analysis, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global surfactants market, assessing the market on the basis of its segments like type, end use, and major regions.


The key highlights of the report include:


Market Overview (2018-2028)


• Forecast CAGR (2023-2028): 5.20%


The global surfactants market is expected to witness a steady growth in the forecast period owing to increasing consumer awareness for hygiene, growing urbanisation, and rising living standards of the population. The growing use of cleaning products, shampoos, sanitisers, and soaps and the low prices and easy availability of surfactants has further enhanced the growth of the surfactants market.


Low raw material prices and lesser production costs is expected to surge the demand for surfactants. The anionic type of surfactants is projected to grow at a rapid pace, owing to their wide use in the agriculture sector for pesticide formulations and increasing use in household cleaning applications, owing to its ability of foam-formation, when mixed with a base.


Furthermore, the growing usage of surfactants in making anti-fog liquids that restrict moisture or condensation build-up on lenses, as well as fabric softeners is bolstering the market growth. The increasing usage of surfactants in the production of shale gas, which is further used for transportation and power generation, is expected to catalyse the surfactants market in the coming years.


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Surfactants Industry Definition and Major Segments


Surfactants are chemical compounds with hydrophilic and hydrophobic ends, that decrease the surface tension between two liquids or a liquid and a solid, by acting as emulsifiers, detergents, wetting agents and foaming agents. They play an important role in cleaning agents and as a lubricant, owing to their properties like emulsion, wettability, froth formation, and detergency.


On the basis of type, the market is segmented into:


• Cationic Surfactants
• Anionic Surfactants

 

  • Breakup by Type
    • Linear Alkyl Benzene
    • Fatty Alcohol Ether Sulphate
    • Fatty Alcohol Sulphate
    • Others


• Non-ionic Surfactants

 

  •   Breakup by Type
    • Fatty Alcohol Ethoxylate
    • Alkyl Phenol Ethoxylate
    • Others

• Amphoteric Surfactants
• Others


Based on end use, the market is divided into:


• Household Detergents
• Personal Care
• Institutional and Industrial Cleaners
• Food Processing
• Plastics
• Paints and Coatings
• Oilfield Chemicals
• Agriculture Chemicals
• Adhesives
• Textiles
• Others


On the basis of region, the market is classified into:


• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa


Read Full Report with Table of Contents@
 https://www.expertmarketresearch.com/reports/surfactants-market


Surfactants Market Trends


The growing inclination of consumers towards beauty and skincare is contributing to the surging demand for surfactants, which are utilised for the formation of creams and lotions. Shaving foams and hair removal creams also use surfactants as a lubricant, to remove stubble easily, without casing irritation and preventing risk of any cuts. Increasing investments in research and development coupled with the technological advancements in the oilfield industry has made the environment favourable for the market for surfactants.


With rapid industrialisation and recent developments in the field of biotechnology, the demand for environments friendly products like biosurfactants is on a rise, which is bolstering the growth of the surfactants market. The acceptance of green surfactants has further helped in providing the benefits of proper wetting and greater cleansing, apart from contributing to sustainability. Market players are now focussing on the development of greener-processes, less packaging, and the use of polymeric surfactants, in line with the growing consumer willingness to purchase more safer and natural products.


Key Market Players


The major players in the global surfactants market report are BASF SE, Clariant AG, Croda International Plc, Dow Inc., Indorama Ventures Public Company Limited, Kao Corporation, Lonza Group AG, and Evonik Industries AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.


The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.


About Us:


Expert Market Research (EMR)
 is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.


EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.


Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.


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