BANGALORE, India | 17th October 2020: According to the Latest Market Research Report “Surfactants Market by Product Type (Amphoteric Surfactants, Anionic Surfactants, Cationic Surfactants, Non-Anionic Surfactants), by Substrate Type (Bio-based surfactant, Synthetic Surfactants), by Application (Crop Protection, Elastomers and plastics Industry, Food Industry, Industry and Institutional Cleaning, Oilfield Chemicals, Personal Care Industry, Soap Industry, Textile Industry) and Region – Global Forecast to 2025“, published on Valuates Reports.
The Global Surfactants Market Size is expected to grow from USD 44,175.39 Million in 2019 to USD 61,560.15 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 5.68% During the Forecast Period.
The Surfactants Market size is driven by a rising population in the Asia Pacific region and increasing urbanization. In addition, due to COVID-19, increased awareness of products such as hand sanitizer is also fueling the growth of surfactants market size.
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MAJOR TRENDS INFLUENCING THE SURFACTANTS MARKET SIZE
Surfactants are often used in the form of emulsifiers, detergents, wetting agents, dispersants, or foaming agents to lower the surface tension between either two liquids or a solid and a liquid. They find application in several end-use industries, such as petroleum, pharmaceuticals, agrochemicals, and cosmetics. This widespread application in various end-user industries is expected to increase the surfactant market size.
Low raw material prices, along with lower production costs, are expected to increase the adoption of surfactants. Surfactants provide foam and emulsion with stability and viscosity. This feature is expected to be expected to drive the surfactant market size during the forecast period.
The market is expected to be hampered by price fluctuations due to growing environmental issues about surfactant toxicity and degradability, along with fluctuating crude oil prices. However, in mature economies, including Europe and the U.S. increasing consumer understanding of the use of eco-friendly goods is expected to boost demand for bio-surfactants. Various regulations levied by many economies, such as the European Union, have also propelled companies to invest in environmentally sustainable bio-based technologies.
SURFACTANTS MARKET SHARE ANALYSIS
APAC is expected to witness the highest growth. APAC is an attractive market for surfactants because of the developing economies and the growing disposable income in the region. High consumption of surfactants is due to the tremendous growth of industrial production and increased demand for personal care and home care products. Moreover, the rising population is another factor that is estimated to drive the region’s demand for surfactants.
North America holds the largest surfactants market share during the forecast period. This dominance of surfactants market size is attributed to the presence of established end-user industries, especially in Canada and the U.S. In addition, the recent shale gas boom has increased exploration and development activities, especially in the United States.
During the forecast period, the European region is expected to show steady growth. The region’s advanced electronics and personal care industry is the major factor driving the surfactants market size.
- Middle East & Africa.
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SURFACTANTS MARKET SEGMENTATION
Based on Product Type, the Surfactants Market studied across
- Amphoteric Surfactants,
- Anionic Surfactants,
- Cationic Surfactants,
- Non-Anionic Surfactants.
Based on Substrate Type, the Surfactants Market studied across
- Bio-based surfactant
- Synthetic Surfactants.
Based on Application, the Surfactants Market studied across
- Crop Protection,
- Elastomers and plastics Industry,
- Food Industry,
- Industry and Institutional Cleaning,
- Oilfield Chemicals,
- Personal Care Industry,
- Soap Industry,
- Textile Industry.
- Air Products and Chemicals, Inc,
- Akzonobel N.V.,
- BASF SE,
- Clariant AG,
- Dupont EI DE Nemours & Co.,
- Evonik Industries AG,
- Henkel AG & Co.
- Huntsman Corporation,
- KAO Corporation,
- The Dow Chemical Company.
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● Bio-surfactants Market
The global Bio-surfactants market size is projected to reach USD 1442.7 Million by 2026, from USD 1375.4 Million in 2020, at a CAGR of 0.8% during 2021-2026.
● Amphoteric Surfactants Market
The global Amphoteric Surfactants market size is projected to reach USD 5205.3 Million by 2026, from USD 3906.5 Million in 2020, at a CAGR of 4.9% during 2021-2026.
● Anionic Surfactants Market
The global Anionic Surfactants market size is projected to reach USD 17360 Million by 2026, from USD 15070 Million in 2020, at a CAGR of 2.4% during 2021-2026.
The Asia Pacific was the largest market for anionic surfactants in 2017. This dominance of Asia Pacific is mainly due to the increasing population and improving lifestyles at each financial stratum. The demand for anionic surfactants is dependent on their use in industries such as soaps & detergents and personal care products, which contribute to more than 50% of its global demand.
● Global and Japan Agricultural Surfactants Market
The global Agricultural Surfactants market size is projected to reach USD 1667.1 Million by 2026, from USD 1324.3 Million in 2020, at a CAGR of 3.9% during 2021-2026.
The Agricultural Surfactants market is driven by the rise in the demand for agrochemicals, the adoption of modern agricultural practices, and an increase in demand for green solutions, such as the emerging use of bio-based surfactants.
● Microbial Biosurfactants Market
The global Microbial Biosurfactants market size is projected to reach USD 23 Million by 2026, from USD 18 Million in 2020, at a CAGR of 4.8% during 2021-2026.
Europe has the largest microbial biosurfactant production in 2015, with 42.65% production market share, followed by the USA and China, which occupied 18.49% and 13.86% production market share.
Europe consumed 37.35% of the global total microbial biosurfactants output in 2015; Followed by North America and China in 16.89% and 12.27%.
● Amino Acid Surfactants Market
The global Amino Acid Surfactants market size is projected to reach USD 567.1 Million by 2026, from USD 282.5 Million in 2020, at a CAGR of 12.3% during 2021-2026.
Major global manufacturers of Amino Acid Surfactants include Ajinomoto, Sino Lion, Changsha Puji, and Tinci. In 2019, the global market share of the Top 5 manufacturers was about 49.24%.
- Global and United States Sodium Laureth Sulfate（SLS）Market
- Cationic Surfactants Market
- Fluorotelomer Market
- Textile Surfactants Market