Surfactants Market size is expected to reach USD 39.86 billion by 2021, registering a CAGR of 5.4% between 2016 and 2021 as well as Bio-based and Non-ionic surfactants to register the highest growth rate during forecast period.
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The growth of the surfactants market is primarily triggered by the rising demand from the personal care and detergents segments. The market growth is also attributed to the increasing use of surfactants in several other applications. India and China are noteworthy markets as these are two of the largest markets for surfactants in the world. Stringent regulations against the use of synthetic surfactants restrict the growth of the overall surfactants market, as synthetic surfactants account for the major share.
The report segments the surfactants market on the basis of type, substrate, application, and region.
- 1)Major types: covered in the report are anionic, cationic, non-ionic, and amphoteric.
- 2)Applications include detergents, personal care, textile, industrial & institutional cleaning, elastomers & plastics, oilfield chemicals, crop protection, and food & beverage.
- 3)Substrates covered in this study include synthetic and bio-based.
- 4)Regions Asia-Pacific, Europe, North America, Middle East & Africa, and South America.
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This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (20%); Tier 2 (40%) and others (40%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (40%), Directors Level (20%) and other (40%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (14%), Europe (14%), Asia-Pacific (29%), Middle East & Africa (29%) and South America (14%).
The bio-based surfactants segment is expected to witness high growth in the overall surfactants market during the forecast period owing to their increasing consumption in various end-use products such as shampoos, soaps, detergents, skin care products, ointments, and others. This increasing demand is also favored by the rising awareness among the consumers for eco-friendly and non-toxic products.
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Asia-Pacific is the largest and the fastest-growing market for surfactants. The growth in economy, coupled with the increased demand from the retail industry, drives the market of surfactants in the region. Chemical industries are witnessing high growth in developing nations such as India and China in this region, leading to the increased demand for surfactants.
Some of the key companies profiled in this report are
- Akzo Nobel N.V. (Netherlands),
- Air Products and Chemicals, Inc. (U.S.),
- BASF SE (Germany),
- Clariant AG (Switzerland), and E. I. du Pont de Nemours and Company (U.S.), among others.
On a related note, another research titled with Protective Coatings Market by Resin type (Epoxy, Alkyd, Acrylic, Polyurethane), Formulation (Solvent-borne, Water-borne, and Powder), End-use industry (Industrial, Oil & gas, Marine, Automotive, Mining) and Region - Global Forecast to 2021. The protective coatings market size is estimated to reach USD 21.47 billion by 2021, registering a CAGR of 4.0% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/protective-coatings-market-by-resin-type-alkyd-acrylic-epoxy-polyurethane-polyester-others-by-technology-solvent-borne-water-borne-powder-others-by-application-construction-oil-ga-market-report.html .
Surfactants are widely used in various end-use products such as baby care products, face washes, conditioners, cleaners, and many similar personal care and industrial products. The demand for non-ionic surfactants is growing rapidly due to the benefits that they offer such as non-sensitivity to water and higher flexibility during synthesis. The non-ionic surfactants developed in recent years are suitable for a wide range of applications in many end-use industries such as textiles, detergents, personal care, health care, vehicle care, food & beverage, industrial & institutional cleaning, and others.
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