Jul 21, 2023
Surfactants market to grow by USD 13.6 billion from 2022 to 2027
NEW YORK, Aug. 7, 2023 /PRNewswire/ -- The global surfactants market size is projected to progress at a CAGR of 5.6 % between 2022 and 2027, the size of the market is forecast to increase by USD 13.6
NEW YORK, Aug. 7, 2023 /PRNewswire/ -- The global surfactants market size is projected to progress at a CAGR of 5.6 % between 2022 and 2027, the size of the market is forecast to increase by USD 13.6 billion during the forecast period. The growing demand for personal care products is a key driver for the growth of the surfactant market. The growing demand can be attributed to factors such as the increasing use of cosmetics and personal care products such as hair care, skincare, and baby care products. Generally, surfactants clean and produce foam in shampoos, shower gels, and hair conditioners and do not leave grease spots on the clothing. In lipstick and make-up, they are mainly used in the dispersion of color pigments. Surfactants also help in dispersing perfumes in aftershaves, toilet water, hair lotions, and shaving creams. Also, mild shampoos with surfactants are gentle on the skin. Hence, such factors boost the surfactants market growth during the forecast period. For further information on Market growth and size -Request a sample report
Surfactants market Trend - Effective business strategies by market players
Effective business strategies by market players are an emerging surfactant market trend.
There is intense competition among vendors to differentiate their surfactant products through strategies like product launches, business expansions, collaborations, and partnerships.
For instance, Evonik Industries AG and Huntsman Corporation joined forces in 2020 to offer a broad selection of surfactant solutions.
Similarly, FMCG companies, like Reckitt Benckiser, P&G, L'Oreal, and Colgate, mainly use bio-surfactants but they often prefer synthetic surfactants to gain a competitive edge due to FMCG products' price sensitivity.
Furthermore, producing bio-surfactants on a commercial scale requires significant investment and their production involves a mixture of congener molecules with different structures used for various applications.
Hence, such strategic moves create growth opportunities for the surfactants market.
Further information on trends – Request a sample report
Other Key Data Covered in Surfactants market report-
Detailed information on factors including driver details
Market segmentation by Product (Anionic, Non-ionic, Cationic, and Amphoteric), Application (Detergents, Industrial and institutional cleaning, Food processing, Personal care, and Others), Type (Synthetic and Bio-based), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)
Precise estimation of the surfactants market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Comprehensive analysis of factors that will challenge the growth of crowdfunding market vendors
A thorough analysis of the market's competitive landscape and detailed information about vendors
Growth of the industry across APAC, North America, Europe, Middle East and Africa, and South America
CAGR of the market during the forecast period
Download Sample Report to get an overview of market size, comparing historic market values with future estimates, analysis of segmentation, current market dynamics, competitive intelligence with key developments and growth strategies of major players.
Surfactants market - Company Analysis and Scope
Some of the major vendors of the surfactants market include Abitec, Arkema Group, BASF SE, Bo International, Clariant International Ltd., Croda International Plc, Evonik Industries AG, Galaxy Surfactants Ltd., Indorama Ventures Public Co. Ltd., Innospec Inc., Jiangsu WanQi Biotechnology Co. Ltd., Kao Corp., Kensing LLC, KLK Oleo, Lonza Group Ltd., NutraSkin USA, Pacmoore Products Inc., PCC Rokita SA, Sirius International BV, Solvay SA, and Stepan Co.
Company offerings
Abitec - The company offers Acconon surfactants, which are designed to improve the bioavailability of poorly water-soluble drugs by direct solubilization.
Arkema Group - The company offers a wide comprehensive range of surfactants and specialty polyols, which are designed for applications related to mining, crop nutrition, infrastructure, and oil field chemicals.
BASF SE - The company offers a broad range of surfactants, co-surfactants, and solvents that are designed to address a large variety of field conditions, thus helping improve the robustness of the chemical slug to minimize performance changes due to compositional variation during the flood.
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Related Reports:
The natural surfactants market is estimated to grow at a CAGR of 4.84% between 2022 and 2027. The size of the market is forecasted to increase by USD 3,201.64 million. This report extensively covers market segmentation by type (synthetic surfactants and bio-based surfactants), application (detergents, personal care, industrial cleaning, oilfield chemicals, and others), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The reports categorize the global natural surfactants market as a part of the global diversified chemicals market.
The amphoteric surfactant market size is expected to increase by USD 1.65 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.87%. Furthermore, this report extensively covers amphoteric surfactant market segmentation by application (personal care, home care and industrial cleaning, agrochemicals, and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The rising demand for personal care products is notably driving the amphoteric surfactant market growth.
Surfactants Market Scope
Report Coverage
Details
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 5.6%
Market growth 2023-2027
USD 13.6 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
4.81
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 42%
Key countries
US, Canada, China, Japan, and Germany
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Abitec, Arkema Group, BASF SE, Bo International, Clariant International Ltd., Croda International Plc, Evonik Industries AG, Galaxy Surfactants Ltd., Indorama Ventures Public Co. Ltd., Innospec Inc., Jiangsu WanQi Biotechnology Co. Ltd., Kao Corp., Kensing LLC, KLK Oleo, Lonza Group Ltd., NutraSkin USA, Pacmoore Products Inc., PCC Rokita SA, Sirius International BV, Solvay SA, and Stepan Co.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Key Topics Covered:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global surfactants market 2017 - 2021
4.2 Product Segment Analysis 2017 - 2021
4.3 Application Segment Analysis 2017 - 2021
4.4 Type Segment Analysis 2017 - 2021
4.5 Geography Segment Analysis 2017 - 2021
4.6 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Anionic - Market size and forecast 2022-2027
6.4 Non-ionic - Market size and forecast 2022-2027
6.5 Cationic - Market size and forecast 2022-2027
6.6 Amphoteric - Market size and forecast 2022-2027
6.7 Market opportunity by Product
7 Market Segmentation by Application
7.1 Market segments
7.2 Comparison by Application
7.3 Detergents - Market size and forecast 2022-2027
7.4 Industrial and institutional cleaning - Market size and forecast 2022-2027
7.5 Food processing - Market size and forecast 2022-2027
7.6 Personal care - Market size and forecast 2022-2027
7.7 Others - Market size and forecast 2022-2027
7.8 Market opportunity by Application
8 Market Segmentation by Type
8.1 Market segments
8.2 Comparison by Type
8.3 Synthetic - Market size and forecast 2022-2027
8.4 Bio-based - Market size and forecast 2022-2027
8.5 Market opportunity by Type
9 Customer Landscape
9.1 Customer landscape overview
10 Geographic Landscape
10.1 Geographic segmentation
10.2 Geographic comparison
10.3 APAC - Market size and forecast 2022-2027
10.4 North America - Market size and forecast 2022-2027
10.5 Europe - Market size and forecast 2022-2027
10.6 South America - Market size and forecast 2022-2027
10.7 Middle East and Africa - Market size and forecast 2022-2027
10.8 US - Market size and forecast 2022-2027
10.9 China - Market size and forecast 2022-2027
10.10 Germany - Market size and forecast 2022-2027
10.11 Japan - Market size and forecast 2022-2027
10.12 Canada - Market size and forecast 2022-2027
10.13 Market opportunity by geography
11 Drivers, Challenges, and Trends
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
11.4 Market trends
12 Vendor Landscape
12.1 Overview
12.2 Vendor landscape
12.3 Landscape disruption
12.4 Industry risks
13 Vendor Analysis
13.1 Vendors covered
13.2 Market positioning of vendors
13.3 Abitec
13.4 Arkema Group
13.5 BASF SE
13.6 Clariant International Ltd.
13.7 Croda International Plc
13.8 Evonik Industries AG
13.9 Galaxy Surfactants Ltd.
13.10 Indorama Ventures Public Co. Ltd.
13.11 Innospec Inc.
13.12 Jiangsu WanQi Biotechnology Co. Ltd.
13.13 Kao Corp.
13.14 Kensing LLC
13.15 KLK Oleo
13.16 NutraSkin USA
13.17 Pacmoore Products Inc.
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
14.3 Currency conversion rates for US$
14.4 Research methodology
14.5 List of abbreviations
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