News

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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