The global surfactant industry garnered $41.3 billion in 2019, and is projected to reach $58.5 billion by 2027, growing at a CAGR of 5.3% from 2020 to 2027.
Drivers, restraints, and opportunities
Low prices & easy availability of surfactants, increased use of surfactants in household detergents, and wide range of applications have boosted the growth of the global surfactants market. However, volatility in raw material prices and environmental issues hamper the market growth. On the contrary, usage of surfactants in neonatal respiratory distress syndrome and growing market of personal care products are expected to create lucrative opportunities for the market players in the coming years.
Download Free PDF Sample Report (Including COVID-19 effect Analysis) @ https://www.alliedmarketresearch.com/request-sample/302
Covid-19 scenario: The Covid-19 outbreak has greatly affected the global surfactants market.
- Increase in demand for cleaning and disinfection products across the globe would increase the demand for surfactants during Covid-19.
- Shortage of raw materials from China and decreased prices of ethylene oxide have hampered the production of surfactants.
Anionic segment dominated the market
By type, the anionic segment held the largest share in 2019, accounting for nearly half of the global surfactants market, owing to the upsurge in consumption of consumer products, such as shampoo, hand wash, bathing gels, toothpaste, soaps, and detergents. However, the amphoteric segment is expected to manifest the highest CAGR of 5.6% through 2027, due to rise in income in the emerging economies of India & China and increased demand for personal care & household detergent products.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/302
Personal care segment to portray highest CAGR through 2027
By application, the personal care segment is expected to register the highest CAGR of 5.9% from 2020 to 2027, owing to increase in demand for surfactants from the personal care applications such as hair care, skincare, oral care, and toiletries. However, the household detergents segment held the largest share in 2019, accounting for more than half of the global surfactants market, due to the increase in awareness among people regarding personal hygiene and other cleaning processes for household applications.
Asia-Pacific, followed by North America, held the largest share
By region, the global surfactants market across Asia-Pacific, followed by North America, held the largest share in 2019, accounting for nearly two-fifths of the market. Moreover, the region is expected to portray the highest CAGR of 5.9% during the forecast period. This is attributed to a large number of key players and the availability of the manufacturing facilities in these countries.
Major market players
- BASF SE
- Croda International Plc
- Clariant AG
- Stepan Company
- Nouryon
- Evonik Industries AG
- Huntsman Corporation
- Lonza Group
- Indorama Ventures Public Company Limited
- Kao Corporation
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/surfactant-market/purchase-options
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter